Javier Milei wins reelection in Argentina

Argentinian President Javier Milei and his La Libertad Avanza party enjoyed a resounding victory in yesterday’s midterm legislative elections, capturing nearly 41 percent of the vote and outperforming the Peronist opposition by nine percentage points. Milei hailed it as a “tipping point” for his radical economic reforms, including deep spending cuts that tamed inflation from over 200 percent to around 30 percent. The Trump administration endorsed Milei and tied a $40 billion bailout to the election’s outcome. The results position Milei strongly for a potential reelection in 2027.