La Corrida

 There is a run on the Argentine peso (pic), forcing the Milei government to pour $1.1 billion US dollars into the local market to calm it down. In the coming days, we shall know if it worked or if Argentina is living its next default. Milei is flying to Washington for salvation. 

The panic started when Milei's party lost against the Peronists in the Province of Buenos Aires. The Peronist (Justicialista) movement was created by Evita Peron about eighty years ago.  Since then, neither a Military dictatorship nor a democratically elected government has been able to balance the national budget.  Wish the best for Argentina in this new Jewish Year.