MARCELO Capobianco was inspecting the calf carcass he had just hung from a hook in his small butcher shop outside Buenos Aires recently when he admitted that the premium-grade beef would hardly earn him anything.
That’s because since his preferred candidate, Javier Milei, won Argentina’s presidency two days earlier, the cost of the meat had jumped by 5%, while the street value of the Argentine peso had fallen by 12%, hurting his customers’ purchasing power.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!