Argentina Senate Rejects Milei’s Deregulation Decree; Adobe Shares Tumble

By
Ling Weiyan
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).

On March 14, 2024, Argentina's senate rejected president Javier Milei’s sweeping emergency decree to deregulate the economy. The move was seen as a major blow to the libertarian leader's bid to deliver lasting reform for the crisis-stricken country. Despite Milei’s political outsider status and the control of less than 10 per cent of senate seats, his La Libertad Avanza coalition struggled to overcome a hostile congress to enact his radical change agenda.

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