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NEWSFar-right outsider Milei clinches shock victory in Argentina presidential run-off

Far-right outsider Milei clinches shock victory in Argentina presidential run-off

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Far-right outsider Milei wins Argentina presidential run-off election, shaking up South American politics

Far-right libertarian outsider Javier Milei has clinched victory in Argentina’s presidential run-off poll, sending shockwaves through the country and the wider region. Provisional results show that Mr. Milei secured nearly 56% of the vote, defeating his rival, economy minister Sergio Massa, who conceded defeat and pledged to support the new government.

The election took place against the backdrop of a struggling economy and soaring inflation, with Mr. Milei’s radical proposals resonating with voters desperate for change. His unorthodox ideas, including the detonation of the central bank and the introduction of the US dollar as the official currency, struck a chord with a population weary of traditional politics and economic turmoil.

Former US President Donald Trump was quick to congratulate Mr. Milei on his victory, drawing parallels between the Argentine leader and himself and other right-wing figures in the region. However, the election result has drawn mixed reactions from South American leaders, with some expressing concern about the rise of far-right ideologies in the region.

Mr. Milei’s victory marks a significant shift in Argentina’s political landscape and reflects the growing disillusionment with established political parties and economic policies. The new president-elect faces the daunting task of delivering on his promises and steering the country towards stability and prosperity.

As the dust settles on this historic election, the world watches with bated breath to see how Mr. Milei’s leadership will shape the future of Argentina and its place in South American politics.

Additional reporting by Emily McGarvey in London

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