Chainsaw sputtering: Milei’s experiment falters

Argentina’s economic landscape remains precarious as President Javier Milei balances radical deregulation and inflation control against stagnant growth and rising unemployment. While inflation has dropped significantly and financial markets remain supportive, the administration faces declining approval ratings and mounting social pressure. Meanwhile, Saudi Arabia’s ambitious foray into international sports, exemplified by the bankruptcy of LIV Golf, highlights the limitations of using capital to force cultural disruption and secure fan loyalty. Beyond these economic and sporting shifts, India faces a critical ecological crisis as infrastructure development and habitat fragmentation drive a 20% decline in the elephant population since 2017. These developments underscore the complex trade-offs between aggressive policy reforms, state-led soft power initiatives, and the long-term environmental costs of rapid industrialization.