Argentina, Javier Milei and Trump
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By Leila Miller and Lucinda Elliott BUENOS AIRES (Reuters) -Argentine President Javier Milei's libertarian alliance made strong gains in Sunday's midterm elections, but he now faces the challenge of showing he can build a coalition to push through investor-desired reforms,
Boosted by his victory in mid-term elections, Argentina's libertarian President Javier Milei is preparing to forge ahead with a second wave of reforms, targeting the labor market, taxation system and,
The rallies unleashed by Argentina President Javier Milei’s surprising electoral win were stunning, with bond prices posting record gains and the stock market skyrocketing over 20% as investors stampeded back in.
Milei’s party dominates Argentina’s 2025 midterms, but the LIBRA crypto scandal could threaten his credibility and reform momentum.
The Argentine peso rose around 9% against the U.S. dollar, on track for the biggest move in more than two decades, according to Dow Jones Market Data. A U.S. dollar-denominated government bond maturing in 2046 rose by 11 cents to trade at 66 cents on the dollar, according to Tradeweb data. Argentina’s benchmark stock index rose 17%.
President Donald Trump appears to have had a major influence on the outcome of the Argentine election this week.