This is CBS. I on the world. I'm John Batchel. The New World Report. Headline,

Argentine consumers feel squeezed. Even as inflation dips below 200%. Professor Evan Ellis of the U.S. Army

War College is here. Argentina is the good story in all of the Americas right now.

It's extremely controversial and outspoken President Javier Malay.

The story is that he will be in the United States in these next days, meeting with President

elect Trump and other members of the new

administration. We can believe that Marco Rubio will

attend. Javier Malay is said by

reporting to be President

elect Trump's favorite president. Besides,

well, fill in the blanks. Malay is

exciting.

Is he also effective?

Professor, this headline, dipping below 200% is not promising.

But at the same time, there is opinion that after having reduced the scale of government and challenged the unions, Malay has good prospects.

Is that accurate? Thank you.

Absolutely, John. So first of all, you know, Argentina's bitter medicine with Elon Musk,

macroeconomically, has begun to pull Argentina into a situation where it can begin to attract investment again

and recreate jobs, but certainly has come at considerable pain.

And so on the positive side, as you pointed out, basically by substantially shutting down

economic activity, by laying off or firing about 70,000 government workers, by eliminating

about half of the government

...