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.
240 Articles
240 Articles
Argentina’s Midterm Election Hands Landslide Win to Milei’s Libertarian Overhaul
BUENOS AIRES, Oct 26 (Reuters) – Early results in Argentina’s legislative elections on Sunday showed a landslide victory for President Javier Milei as voters overwhelmingly backed his free-market reforms and deep austerity measures, providing a strong boost for the libertarian leader to continue his economic overhaul.
Decisive win for Argentina's Milei in crucial midterms, per official results
Javier Milei's La Libertad Avanza (LLA) rebounded from a series of setbacks to take 40.84% of the votes cast for members of the Chamber of Deputies and Senate, according to official results based on 90% of votes counted.
By CNN en Español President Javier Milei's La Libertad Avanza (LLA) party won the national midterm legislative elections in Argentina, according to the preliminary count. In the Chamber of Deputies, the ruling La Libertad Avanza party, which competed in the country's 24 electoral districts, obtained 40.84% of the votes nationwide. Meanwhile, the opposition Fuerza Patria party obtained 24.50%. This Sunday, 24 senators and 127 national deputies we…
Argentina early midterm results show big boost for Milei libertarian overhaul
By Nicolás Misculin and Leila Miller BUENOS AIRES (Reuters) -Early results in Argentina's Sunday legislative elections show President Javier Milei gaining ground as voters backed his free-market
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