Argentine industry reels from Milei's free-market revolution
5 Articles
5 Articles
Argentine industry reels from Milei's free-market revolution
Just three years ago, Kioshi employed nearly 120 people and produced 40,000 pairs of sneaker and flip-flops a month in the south of Buenos Aires. Today, there are just 14 workers turning out a quarter of that amount as Milei's decision to throw open Argentina to global competition has left local manufacturing on the ropes. "The domestic market is dead, there are people who go into debt to buy food so just imagine trying to buy shoes," Kioshi dir…
In the shadow of a huge shed in Argentina, machines parked next to unsold boxes of goods represent the collapse of the manufacturing industry during the government of President Javier Milei. Read more (09/10/2026
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