US EditionArgentine leader Milei licking his chops ahead of October elections
- Argentina will hold legislative elections on October 26 to choose about half the lower chamber and a third of the Senate seats.
- Right-Wing President Javier Milei took power in late 2023 after cutting spending to address a deep economic crisis and high inflation.
- Milei's party leads a divided opposition and seeks to solidify power amid austerity, possible privatizations, and social spending cuts.
- Polling shows 42% favor Milei nationally versus 23% for Peronists, while inflation fell from 118% last year to an expected 30% this year.
- A strong showing by Milei would give leverage for policy changes despite no majority, while opposition division may help his electoral chances.
25 Articles
25 Articles
Argentine leader Milei licking his chops ahead of October elections
Argentina's firebrand right-wing President Javier Milei has largely tamed runaway inflation with a ruthless austerity plan and he aims to solidify power when his party and its allies take on a divided opposition in legislative elections in October.
The economist Martín Redrado made an extensive analysis this Sunday about the economic scenario of Argentina and pointed out in two variables that are of constant concern to the population: the dollar and inflation.In the Business Community (LN+), Redrado spoke about the “key” that will allow the dollar to stay cheap in this new scheme of bands. He also pointed out the two “battles” that Javier Milei will have to give in exchange and financial m…
Far-right, libertarian economist Milley is expected to win the October midterm elections in Argentina, despite harsh austerity and "shock therapy" in the economy.
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