What to know about Argentina’s midterm vote, a pivotal test for Trump ally President Milei
Midterms gauge Milei's political survival as scandals and economic austerity challenge his free-market reforms amid significant U.S. financial support and market volatility.
- Sunday’s vote will test President Milei's political standing as a midterm election for less than half of the Argentine Congress, following his fiery final speech from Rosario.
- Milei's campaign unspooled after a series of scandals and setbacks, including a collapsed memecoin causing $250 million losses and Jos� Luis Espert admitting a $200,000 payment.
- The U.S. Treasury moved to buy pesos and confirmed a $20 billion swap line to Argentina's central bank, while investors dumped bonds and the peso slid to a record low Monday.
- President Donald Trump and Scott Bessent, U.S. Treasury Secretary, stepped in to support Milei, raising stakes as the Peronist party urged Argentine voters to punish him Sunday.
- Milei's policy record shows major fiscal and inflation shifts as his spending cuts produced Argentina's first fiscal surplus in nearly 15 years and reduced inflation from 25.5% to 2%.
23 Articles
23 Articles
After having lunch last week with President Donald Trump at the White House, where he exchanged gifts and praises and managed to make commitments valued in billions of dollars by the United States, the President of Argentina, Javier Milei, returned to his country to face his voters. Dressed in a leather coat and with a megaphone in hand, Milei, who calls himself an anarcho-capitalist economist and who used to be an inflammatory commentator, he w…
How Argentina’s midterm polls are a big test for Trump ally, Milei
Argentina's midterm elections on October 26 will prove to be a pivotal test for President Javier Milei. The libertarian leader is under pressure as a $20 billion US rescue offered by Trump hinges on his party’s performance, as scandals and economic turmoil grip the South American country
What’s going on in Argentina with Milei?
There has been a lot of talk about Argentina in the U.S. lately. President Trump recently said to a journalist that “Argentina’s fighting for its life,” later adding that “I think [President Milei] is trying to do the best he can. But don’t make it sound like they’re doing great.” Trump is right: Argentina is not doing great. The country will hold its first midterm elections of the Javier Milei era this Sunday, Oct. 26. While Milei has improved…
Argentina’s President Milei, a Trump ally, faces a reckoning in midterm elections
BUENOS AIRES, Argentina — The stakes were always high for Argentina’s libertarian president, Javier Milei, in this weekend’s midterm elections.But now, with a currency crisis deepening and a controversial U.S. bailout on the way, the eccentric economist-turned-politician has more than political posturing riding on Sunday’s vote.The elections — which will renew half the lower house and a third of the Senate — are a crucial test for a president wh…
Argentina Citizens to Vote On Sunday - teleSUR English
The polls will determine if they continue to support Milei amid an endless economic crisis. On Sunday, Argentinians will renovate half of the Chamber of Deputies and a third of the Senate in midterm legislative elections. The voting campaign has been embroiled in an unprecedented U.S. intervention, with Donald Trump’s explicit support for President Milei. RELATED: Bribery scandal rocks the Argentine government Milei’s severe adjustment plan has …
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