In a bold move to revitalize Argentina’s economy, President Javier Milei has initiated sweeping deregulation, cutting bureaucratic red tape with a “deep chainsaw” approach. Advocates at the Cato Institute praise this strategy as essential for fostering business growth and attracting investment.
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In a recent statement, France’s central bank governor, François Villeroy de Galhau, criticized Trump’s aggressive de-regulation efforts, arguing that they pose significant risks to global financial stability and economic health. The push for deregulation could undermine safeguards necessary for sustainable growth.