Javier Milei News

crypto scandal that’s ensnared the president of one of South America’s biggest countries wasn’t the first time that members of the Davis family found themselves at the center of controversy. Long before Hayden Davis became famous for getting Argentine President Javier Milei to promote a memecoin, his father told tales of counterfeiting checks and assuming fake identities as a young man, eventually ending up in prison. Further up the family tree, the tales get even wilder: Hayden’s grandfather was murdered by followers of his great-grandfather, the head of a polygamist cult that practiced blood sacrifice. Hayden is the 28-year-old chief executive officer of Kelsier Ventures, an obscure investment firm which he runs with his brother Gideon, 25, and father Tom, 54. The company and Hayden’s memecoin Libra are at the heart of a scandal that’s rattled investors in Argentina after Milei promoted the token with the promise that it would raise money for small businesses in the nation.

Donald Trump antagonised world leaders across the globe with his most extensive set of tariffs yet, he was scheduled to fly to Florida and potentially see the one leader he has called his «favourite president». That leader, President Javier Milei of Argentina, had flown overnight to receive an award Thursday at a right-wing gala at Mar-a-Lago. Trump was scheduled to also be there late Thursday — Milei said Trump would receive an award, too — and Milei said he hoped the two would meet. It was Milei's 10th trip to the US in 15 months as president, and nearly every time, he has met Trump or Elon Musk. Trump has posited that he is reshuffling US foreign policy strictly around what is good for the United States. So what can be puzzling about his elevation of Argentina to the front row of America's allies — Milei and Italian Prime Minister Giorgia Meloni were the only world leaders onstage at Trump's inauguration — is that the chronically distressed South American nation is not particularly important as an economic or geopolitical partner. Instead, through Milei, Argentina has offered Trump something else he appears to crave: adoration. «I love him because he loves Trump,» Trump said of Milei in a speech last year. «Anybody that loves me, I like them.»

Lawyers in Argentina have brought a fraud case against the country’s President Javier Milei for promoting a cryptocurrency whose value soon plummeted.

Subscribe to enjoy similar stories. What do Rachel Reeves, Javier Milei and Elon Musk have in common? All are preaching the gospel of austerity as a necessary cure for what ails their respective economies. Hence, Reeves, the UK’s Chancellor of the Exchequer, has tightened rules for government spending and investment, despite the fact that fiscal constriction has been a major cause of the country’s problems over the past 15 years.

Ether and many of the higher profile altcoins such as Solana and Dogecoin remain under pressure while investors turn elsewhere with the sector still reeling after its biggest-ever hack last week.

Giorgia Meloni has taken aim at what she calls the «double standards» of the global Left, accusing liberals of reacting with «hysteria» to the rise of right-wing leaders across the world. Addressing the Conservative Political Action Conference (CPAC) in Washington DC via video link, she argued that figures like herself, US President Donald Trump, Indian Prime Minister Narendra Modi, and Argentine President Javier Milei represent a new, collaborative conservative movement that challenges the old political order.

Javier Milei's support before crashing is the latest in a series of politically endorsed meme coins facing a backlash.

Argentinian President Javier Milei recommended the little-known crypto coin $LIBRA late on Friday in a post on X, but later deleted the post and denied having any link to the cryptocurrency.

President Javier Milei’s leadership under intense scrutiny. The controversy began in February 2025 when Milei, known for his free-market policies, publicly supported $LIBRA, a digital currency created by entrepreneur Hayden Mark Davis and backed by KIP Protocol. Milei’s endorsement aimed to support small and medium-sized businesses in Argentina, a country struggling with high inflation and economic instability.

Subscribe to enjoy similar stories. Argentine President Javier Milei has been on the defensive after a cryptocurrency he endorsed on X saw its value crash, triggering fraud allegations and calls for impeachment by his political foes. The scandal is hitting the libertarian leader ahead of his trip Thursday to Washington to meet with Trump administration officials to win support for his economic reforms, including approval for an International Monetary Fund loan.

Subscribe to enjoy similar stories. He brandished a chainsaw at campaign rallies, to signify his eagerness to clear-cut the thickets of bureaucracy and regulation impeding the economy’s progress. Perhaps more strikingly, he has actually lived up to this act.

Subscribe to enjoy similar stories. Javier Milei, Argentina’s president, spoke to The Economist on November 25th in Buenos Aires. The conversation, which was automatically translated, has been lightly edited for clarity.

U.S. President Trump is to speak to an international audience for the first time after returning into the White House with a speech and Q&A by video conference to the World Economic Forum’s annual event in Davos on Thursday

The Venezuelan opposition leader who the United States recognized as the winner of last year's presidential election has kicked off a tour of Latin America

Xi Jinping has reportedly declined Donald Trump's invitation to attend the upcoming presidential inauguration in Washington, D.C. No explanation has been provided by Chinese officials regarding Xi Jinping's decision not to attend the inauguration. This decision comes as a significant blow to Trump's plans for a spectacular swearing-in event on January 20th, which he had hoped would turn into a global spectacle. According to State Department records, this would have marked the first time a foreign head of state has ever attended a U.S. presidential inauguration.

When libertarian President Javier Milei assumed office one year ago, Argentine supermarkets were marking price increases almost daily

Last year, then-presidential candidate Javier Milei declared Argentina would not “make deals with communists” in China or Brazil, calling their leaders “murderers” and “thieves” in a bid to channel the populist energies of Donald Trump into a winning p...

Choosing billionaire Elon Musk to be what President-elect Donald Trump calls “our cost cutter” for the U.S. government, is not the first time an American president has empowered a business tycoon to look for ways to dramatically cut federal regulations