What you'll learn

• 1 (00:07) **Opening & Host Introduction** - Host Rosie Bloor sets up the episode’s three main segments: Javier Milei’s economic experiment in Argentina, the retreat of Saudi sports investment, and the decline of India’s elephant population.
• 2 (02:07) **Milei’s Current State: Tired but Confident** - *The Economist*’s Latin America correspondent describes Milei’s demeanor in a recent interview, noting his back pain and volatile mood, yet his unwavering belief in his “chainsaw” policies and a future driven by AI in Argentina.
• 3 (03:25) **The Delicate Economic Moment** - The segment explains that while Milei inherited a severe crisis and has made real progress on inflation, the electorate’s priorities have now shifted to jobs and wages, putting his radical experiment at risk ahead of the October election.
• 4 (04:18) **Acknowledged Successes: Inflation, Poverty, and Markets** - The correspondent lists Milei’s genuine achievements, including a dramatic drop in inflation, a reduction in poverty by a third, and strong approval from financial markets and the IMF.
• 5 (05:20) **Foreign Policy: Trump Alignment and China Pragmatism** - Milei’s foreign policy is characterized by a tight alignment with the US and Israel, which has yielded a crucial financial lifeline, alongside a pragmatic working relationship with China.
• 6 (06:33) **The Biggest Challenges: Jobs, Wages, and Growth** - The core problem is that while the economy is growing, it is too slow and concentrated in capital-intensive sectors like oil and mining, which do not create enough jobs for the struggling population.
• 7 (07:50) **Milei Denies a Trade-Off** - The correspondent notes that Milei insists there is no cost to his anti-inflation fight, a claim that appears contradicted by the data on jobs and debt.

+ Full timestamped outline available in the app