"Argentina's president, Javier Milei, has suffered his worst electoral defeat since taking office, as he faces his administration's most serious corruption scandal and signs that the economy is slowing. In local legislative elections on Sunday for Buenos Aires province home to almost 40% of the country's electorate the coalition led by the self-styled anarcho-capitalist was beaten by the opposition by 47% to 34%."
"This is not yet the worst moment of the Milei government, but the beginning of its worst moment, said sociologist Juan Gabriel Tokatlian, noting that on 26 October the president will face an even greater challenge, in midterm elections to renew half the lower house and a third of the senate. The president acknowledged the clear defeat and admittedto having made non-specific political mistakes that we will accept, process and correct."
Javier Milei lost a significant legislative contest in Buenos Aires province, where his coalition was beaten 47% to 34% by the opposition. Buenos Aires province contains almost 40% of the national electorate, giving the result national weight after Milei framed the vote as a life-or-death battle. An alleged corruption scheme involving Milei's sister Karina harmed his standing. Economic indicators have weakened: inflation remains high, wages have not recovered, and growth has been insufficient. Since taking office in December 2023 Milei cut public spending, dismissed tens of thousands of public employees and pursued broad deregulation. He acknowledged mistakes but vowed to accelerate and deepen his policy course ahead of 26 October midterms.
Read at www.theguardian.com
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