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In December, the voters of Argentina replaced a leftist President. He had left the nation with a 211 percent inflation rate, and the government drowning in debt. His challenger, economist Javier Milei, vowed to drain the swamp and balance the budget.
Milei won the election. On his first day in office he fired some fifty percent of bureaucrats, slashing half of the bureaucratic agencies.
At the end of his first month in office, the government reported a positive balance for public-sector finances of US$589 million (S$800 million) at the official exchange rate. The figure includes payment of interest on the public debt.
Milei's projections of a national economic rebound within three months are on track.
Better a poor and wise youth Than an old and foolish king who will be admonished no more. Ecclesiastes 4:13
Question:
Or what king, going to make war against another king, does not sit down first and consider whether he is able with ten thousand to meet him who comes against him with twenty thousand? Luke14:31
Answer:
A king who watches too much FOX TV, reads too many Marvel comics, pays attention to the New York Times, and watches too many Hollywood political thrillers.
The narrow strait is the most important chokepoint for the world's oil supply. Some 21 million barrels — or $1.2 billion worth of oil — pass through the strait every day.
Will a closed Strait hurt Iran? In terms of international oil sales, yes, but in terms of daily life, no. Iran pumps 3.5 million barrels of crude oil per day. The situation at this hour:
