Reported about 9 hours ago
Javier Milei, a key ally of Donald Trump, won Argentina's legislative midterm elections, greatly improving the country's economic outlook and boosting US taxpayer interests following the US government's $20 billion support package. Following the elections, Argentina's markets surged, with the stock index increasing by 22% and the peso gaining against the dollar. This victory provides Milei with a mandate to implement economic reforms and secures his party's significant representation in Congress, enabling potential collaboration with the US for further financial support.
Source: YAHOO