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Saturday, October 24, 2026

From Buenos Aires to Colombo, discontent simmers under the surface of rebounding economies

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A worker carries sacks of onions at a market as it rains in Colombo on Thursday.

A worker carries sacks of onions at a market as it rains in Colombo on Thursday. | AFP-JIJI

Oct 24, 2026

LONDON/BUENOS AIRES/COLOMBO – Gustavo Raul Perez furrows his brow over a notebook at the hardware shop he has run for six years on the outskirts of Buenos Aires.

Since Javier Milei became president of Argentina in 2023 — with Perez’s vote — rapid reforms have thrilled investors and won praise from the International Monetary Fund. Perez, though, mainly feels the pinch.

“This economic plan is for a few,” he said.

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