Milei's series of austerity measures has been brutal. Unemployment has climbed, economic activity has declined and poverty has surged. But now signs have emerged that Argentina’s bizarre and long mismanaged economy is starting to look a little more normal.

President Javier Milei’s approval rating recovered last month as the economy showed signs of recovery and inflation cooled to its lowest point in nearly three years.

On the first anniversary of his administration in Argentina, the far-right president, Javier Milei, managed to pull the South American country out of rampant inflation with a painful austerity plan that has pushed millions into poverty.