Argentines Turn to Folk Saint Amid Soaring Inflation
President Milei Proposes Drastic Measures as Inflation Rate Hits Over 200%
- Thousands of Argentines have turned to the folk cowboy saint Gauchito Gil, seeking protection and solutions to their economic woes amid the country's deepening financial crisis.
- Argentina is grappling with an inflation rate of over 200%, the highest since a period of hyperinflation in the 1990s, with prices of food and other products changing daily.
- The economic crisis has been exacerbated by a lack of jobs and soaring prices, forcing many Argentines to borrow money and make sacrifices to cope with the skyrocketing cost of living.
- Argentina's new right-wing president, Javier Milei, has proposed drastic changes and scarcity measures to tackle the inflation, including public sector layoffs and a reduction of subsidies for public transport and the energy sector.
- Despite the hardships, many Argentines remain optimistic, asking Gauchito Gil to give strength to President Milei and help put the country on the right track.