New Argentinian President Javier Milei has announced that he will not let his country join the China and Russia-led BRICS trading bloc, dealing a major blow to the trade group’s ambitions. 

The reversal comes after Milei’s team indicated that they merely planned to delay the country’s admission into the bloc, which was founded by members Brazil, Russia, India, China and South Africa. In a letter to the leaders of each member state, Milei wrote that he did not consider it "appropriate at this time" to join. 

Milei spent much of his time on the campaign trail admonishing countries ruled "by communism" and insisted he would honor the alignment with the "free nations of the West," particularly the United States and Israel. 

Since taking power on December 10, he has moved swiftly to deregulate the economy with a package of bills that would eliminate more than 350 regulatory policies in the country. 

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Some of the regulations that Milei has sought to cancel include a price ceiling on rent, some worker protections and laws limiting price increases when inflation and poverty have hit certain thresholds. 

The move has proven immensely unpopular, prompting the country’s labor unions to file a lawsuit against the government for what it deems as "unconstitutional" policy changes and thousands to take to the streets in support of the lawsuit as Argentinian citizens demanded the courts take action. 

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The self-defined "anarcho-capitalist" argued that his foreign policy "differs in many aspects from that of the previous government," and "in this sense, some decisions made by the previous administration will be reviewed." 

Milei insisted he would meet with each of the BRICS leaders and discuss plans to "intensify bilateral ties" and increase trade and investment, German outlet DW reported. 

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The group aims to break up Western hegemonic dominance in the international economic landscape, but China largely dominates the bloc, accounting for more than 70% of the combined GDP of the member states.

China and Russia have largely posited the alliance as a counter to the G-7 and looked to more than double their bloc’s membership to 11 states, offering admission to Argentina, Iran, Egypt, Ethiopia, Saudi Arabia and the United Arab Emirates. Argentina was set to join on January 1, 2024.

China and Brazil are Argentina’s two biggest trading partners, making Argentina’s membership a seeming no-brainer until Milei introduced some economic "shock therapy" to a country that has 150% inflation and more than 40% of its population living below the poverty line, according to the BBC.

The Associated Press contributed to this report.

New York City Mayor Eric Adams warned residents to expect another surge in migrants from Texas in the coming months even as he said the city is reaching its "breaking point."

NYC received a record 14 buses of migrants in a single day last week as Texas Gov. Greg Abbott continues his effort to force northern Democratic strongholds to grapple with illegal immigration. NYC has received 161,000 migrants since the spring of 2022, though that figure includes migrants who arrived on their own, according to The Wall Street Journal.

"For many months, we were able to keep the visualization of this crisis from hitting our streets, but we have reached a breaking point and can no longer do that," Adams in a press conference last week.

"New York City has begun to see another surge of migrants arriving, and we expect this to intensify over the coming days as a result of Texas Gov. Abbott’s cruel and inhumane politics," he added.

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Adams and other liberal mayors in Chicago and elsewhere have imposed new regulations on where and when buses can drop off migrants. As a result, Abbott has already sent migrants to the cities via plane, according to WSJ.

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"Instead of attacking Texas’ efforts to provide relief to our overwhelmed border communities, these Democrat mayors should call on their party leader to finally do his job and secure the border—something he continues refusing to do," said Renae Eze, a spokeswoman for Abbott's office, told the Journal.

Abbott's transport program has succeeded in dividing the country's most powerful mayors from Democratic leaders in Washington. Adams himself has repeatedly criticized the White House for not sending enough federal aid to address the city's migrant crisis.

Adams complained last week that he didn't have a single meeting with President Biden regarding the immigration crisis throughout 2023.

"I met with the president several times on this issue in ‘21 I think early 2022, the dates get confused," he said when asked about his meetings with the White House. "It baffles me. New York City is the economic engine of the state and of the country. And I don't have the answer."