US EditionArgentina votes in midterm elections set to test President Milei’s mandate and US support
- On October 26, Argentines will vote in legislative elections that will choose half of the country's 257 deputies and a third of its 72 senators, deciding if President Javier Milei can maintain his budget cuts and reforms.
- Milei's standing has slipped after austerity and scandal prompted voter unease, with his party holding only 37 deputies and six senators and less than 15% of Congress.
- Economic indicators show steep inflation reductions and a balanced budget, while U.S. $20 billion currency swap and another $20 billion facility lifted financial markets and assets.
- Markets and voters fear a peso devaluation if Milei underperforms, which would revive inflation pressures, while winning more than 35% of the vote would let him defend vetoes and maintain U.S. support.
- Polls indicate Milei's party will increase seats, but full 'normalisation' or broad coalition remains uncertain, `But a full 'normalisation' of Milei, or a broader coalition? I'm not sure he can, or even wants to,` said Vommaro.
209 Articles
209 Articles
“Tomorrow Argentina will be the same,” said Manuel Adorni; the ruling party seeks to remove drama from the elections; the President arrived earlier than expected
Argentina holds key legislative elections for the future Congress. Milei and Kicillof cast their vote while defining key reforms
Javier Milei’s government has been “recalculating” since Monday. Whatever the outcome of the mid-term legislative elections held on Sunday in Argentina, the ultra-rightist president will have to weave new internal alliances, change part of his Cabinet of Ministers and reshape his model of economic adjustment, today standing thanks to an unprecedented financial bailout from the United States. Milei presented the day as a fight for political survi…
On Monday night, it will be clear whether Argentine President Javier Miel and his party will strengthen their position in Congress. The opposition has increased in public opinion ahead of the election. This is scaring the financial markets - and could put billion-dollar loans from Trump's USA on the back burner.
Legislative elections in Argentina: Only 58% turnout at 5 p.m. - teleSUR English
Argentina’s National Electoral Chamber said Sunday that as of 5:00 p.m. local time, 58.5 percent of the registry authorized for the legislative elections taking place in the South American country voted, and that they will determine the composition of Congress for the last two years of far-right President Javier Milei’s term. RELATED: Kicillof Urges Argentines to Vote in Critical Legislative Elections The electoral authorities reported that with…
thepress.net
Argentines vote in midterms crucial for Milei's agenda
Argentines voted Sunday in legislative elections that will determine the future of President Javier Milei's reform agenda and likely trigger market turmoil if voters desert him, despite unprecedented US aid.
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