Freedom Advances (Lla), the party of Javier Milei , won the midterm elections in Argentina with 40.84% and gained ground in the province of Buenos Aires, the traditional bastion of the progressive Peronists, who only a month ago had knocked out the conservative formation.
The low turnout, which stopped at 67.85%, a record since the return of democracy in 1983, was one of the factors that worried the leader, determined to gain the numbers needed to accelerate his economic recipe in the Chamber of Deputies and the Senate.
A result that, according to analysts and commentators, leaves no room for doubt - with most of the country's provinces colored purple (the color of LLA), and the conquest of 64 deputies (against the 31 of the progressives) - which is surprising compared to the polls of the day before, which had predicted a head-to-head race between LLA, at 36%, and the left-wing coalition Fuerza Patria (FP) at 34% , with a possible tie.
The reverberations of LLA's victory are expected to be visible as soon as markets open, with stocks and bonds recovering. And Donald Trump's United States is also celebrating . Faced with strong devaluation pressures, a reserve crisis, and slowing economic activity, Trump rushed to Milei's aid with a pledge to support the Argentine peso, offering a $40 billion aid package to help the government hold its ground for the next two years.
(Unioneonline)