This is an audio transcript of the FT News Briefing podcast episode: ‘Javier Milei scores Argentina economy win’ Kasia Broussalian Good morning from the Financial Times. Today

Argentina’s President Javier Milei has been granted Italian citizenship while on a state visit to Italy, a spokesperson for Italy’s Foreign Ministry told CNN.

A year after becoming president, Javier Milei has been praised inside and outside Argentina for reining in galloping inflation. But his economic policies have inflicted widespread hardship.

Argentina emerged from a severe recession in the third quarter, marking a milestone for libertarian president Javier Milei’s bid to end the country’s long-running economic crisis.

Argentina's libertarian President Javier Milei laid out a bleak vision in his maiden speech a year ago amid an economic crisis. He warned there was "no money", pledged shock therapy for the economy and said things would get worse before they got better.

The self-described "anarcho-capitalist" has introduced brutal austerity measures in a bid to restart Argentina's ailing economy.

Argentina emerged from a deep recession in the third quarter, with its economy growing more than expected and inflation finally easing, in a major win for libertarian President Javier Milei ahead of the midterm elections next year.