<p>Buenos: In the first cabinet shakeup of his five-month-old administration, Argentine President Javier Milei accepted the resignation of cabinet chief Nicolas Posse on Monday night amid strains over major economic reforms pitched by the government.</p><p>Posse will be replaced by current Interior Minister Guillermo Francos, according to a government statement.</p><p>The cabinet shuffle comes at an especially delicate moment for Milei, a far-right libertarian economist, as his signature reform bill is facing fresh obstacles in Congress and a market rally for government bonds and the local currency appears to be stalling.</p>.North Korea says it tried new fuel in satellite launch that ended in fiery explosion.<p>The next government role for the outgoing cabinet chief will be announced in the coming days, the statement added.</p><p>Posse was a key part of the team involved in debt talks with the International Monetary Fund (IMF), along with Economy Minister Luis Caputo.</p><p>The economic reforms pushed by Milei include plans to privatize state companies, along with other austerity measures aimed at reversing a prolonged economic crisis marked by inflation running at close to 300 per cent.</p>
<p>Buenos: In the first cabinet shakeup of his five-month-old administration, Argentine President Javier Milei accepted the resignation of cabinet chief Nicolas Posse on Monday night amid strains over major economic reforms pitched by the government.</p><p>Posse will be replaced by current Interior Minister Guillermo Francos, according to a government statement.</p><p>The cabinet shuffle comes at an especially delicate moment for Milei, a far-right libertarian economist, as his signature reform bill is facing fresh obstacles in Congress and a market rally for government bonds and the local currency appears to be stalling.</p>.North Korea says it tried new fuel in satellite launch that ended in fiery explosion.<p>The next government role for the outgoing cabinet chief will be announced in the coming days, the statement added.</p><p>Posse was a key part of the team involved in debt talks with the International Monetary Fund (IMF), along with Economy Minister Luis Caputo.</p><p>The economic reforms pushed by Milei include plans to privatize state companies, along with other austerity measures aimed at reversing a prolonged economic crisis marked by inflation running at close to 300 per cent.</p>