{"id":108241,"date":"2025-10-27T00:52:23","date_gmt":"2025-10-27T04:52:23","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/milei-scores-historic-win-in-argentina-midterms-tightens-grip-on-congress-108241"},"modified":"2025-10-27T00:52:23","modified_gmt":"2025-10-27T04:52:23","slug":"milei-scores-historic-win-in-argentina-midterms-tightens-grip-on-congress","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/milei-scores-historic-win-in-argentina-midterms-tightens-grip-on-congress-108241","title":{"rendered":"Milei scores historic win in Argentina midterms, tightens grip on Congress"},"content":{"rendered":"<div>\n<p>Argentine President Javier Milei secured a decisive victory Sunday in <a href=\"https:\/\/www.foxnews.com\/category\/politics\/elections\/midterm-elections\" target=\"_blank\" rel=\"noopener\">midterm elections<\/a>, expanding his control of Congress and giving his government fresh momentum to push forward with deep spending cuts and sweeping free-market reforms.<\/p>\n<p>The result gives Milei\u2019s libertarian movement a boost and marks another sharp turn for one of Latin America\u2019s largest and most volatile economies.<\/p>\n<p>Milei\u2019s party, La Libertad Avanza, won about 41.5% of the vote in <a href=\"https:\/\/www.foxnews.com\/category\/politics\/elections\" target=\"_blank\" rel=\"noopener\">Buenos Aires province<\/a>, a historic upset in a region long dominated by the Peronist opposition. The rival coalition took 40.8%, according to figures cited by Reuters and The Associated Press.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/opinion\/greeces-hard-lesson-nyc-beware-leaders-who-promise-world\" target=\"_blank\" rel=\"noopener\"><strong>GREECE\u2019S HARD LESSON FOR NYC: BEWARE LEADERS WHO PROMISE THE WORLD<\/strong><\/a><\/p>\n<p>Nationwide, La Libertad Avanza increased its seats in the <a href=\"https:\/\/www.foxnews.com\/category\/politics\" target=\"_blank\" rel=\"noopener\">lower house<\/a> from 37 to 64, positioning Milei to more easily defend his vetoes and executive decrees that have defined his economic agenda.<\/p>\n<p>&#8220;The result is better than even the most optimistic Milei supporters were hoping for,&#8221; Marcelo Garcia, Americas director at the risk-analysis firm Horizon Engage, said in comments reported by Reuters. &#8220;With this result, Milei will be able to easily defend his decrees and vetoes in Congress.&#8221;<\/p>\n<p>Political consultant Gustavo Cordoba told Reuters the outcome reflected a cautious optimism among voters who appear willing to give Milei\u2019s <a href=\"https:\/\/www.foxnews.com\/category\/politics\/executive\/economic-policy\" target=\"_blank\" rel=\"noopener\">economic policies<\/a> more time.<\/p>\n<p>&#8220;Many people were willing to give the government another chance,&#8221; Cordoba said. &#8220;The triumph is unobjectionable, unquestionable.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/house-dem-declares-she-proud-guatemalan-american-progressive-international-conference\" target=\"_blank\" rel=\"noopener\"><strong>HOUSE DEM DECLARES SHE IS A &#8216;PROUD GUATEMALAN&#8217; BEFORE AMERICAN AT PROGRESSIVE INTERNATIONAL CONFERENCE<\/strong><\/a><\/p>\n<p>Reuters reported that <a href=\"https:\/\/www.foxnews.com\/media\/obama-economist-concedes-bidenomics-fell-short-lofty-goals\" target=\"_blank\" rel=\"noopener\">inflation has fallen from 12.8% before Milei\u2019s inauguration<\/a> to 2.1% last month. His government has also posted a fiscal surplus and pushed through broad deregulation measures \u2014 a dramatic reversal after years of economic turbulence.<\/p>\n<p>According to The Associated Press, the U.S. government under President <a href=\"https:\/\/www.foxnews.com\/category\/person\/donald-trump\" target=\"_blank\" rel=\"noopener\">Donald Trump<\/a> offered Argentina a $40 billion aid package, including a $20 billion currency swap and a proposed $20 billion debt-investment facility, after tying future U.S. support to Milei\u2019s performance in the midterms.<\/p>\n<p>Investors reacted positively to the results. Reuters reported that Argentine bonds and stocks are expected to rally as Milei\u2019s stronger hand in Congress gives him the political capital to <a href=\"https:\/\/www.foxnews.com\/category\/us\/education\/reform\" target=\"_blank\" rel=\"noopener\">accelerate his reforms<\/a><\/p>\n<p>Milei called the election &#8220;a turning point for Argentina,&#8221; according to AFP via the Times of Israel.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/milei-scores-historic-win-argentina-midterms-tightens-grip-congress\">Source &#8211; https:\/\/www.foxnews.com\/world\/milei-scores-historic-win-argentina-midterms-tightens-grip-congress <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Argentine President Javier Milei secured a decisive victory Sunday in midterm elections, expanding his control of Congress and giving his government fresh momentum to push [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-108241","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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