BUENOS AIRES, Argentina (AP) — Argentine President Javier Miley suffered a massive setback on Sunday in the election of Buenos Aas, widely regarded as a barometer of his libertarian party’s political exam and the important mid-term performance next month.
Milei was recently formed La Libertad Avanza The party captured just 34% of the votes in Argentina’s biggest province, losing by a landslide Opposition of the left-leaning Peronistsecured 47%, and the majority of votes counted late Sunday.
Mairay admitted that his right-wing party crushed a 13-point defeat to his populist rival.
“We struggled with the set-up. We have to accept it responsibly,” Mairay told a stern supporter at the party headquarters.
“If we make political mistakes, we’re going to internalize them and deal with them, we’ll fix our actions,” he said.
Still, he vowed to stick with him. A fundamental economic overhaul“There is no retreat in government policies.”
Myray faces a worse defeat than expected
Milei and We are struggling to stabilize the sputtering economy and His close friends got caught up in a graft scandal Prior to the midterm elections in Congress in late October, the results were closely scrutinized for investors and the possibility of rattling unstable global markets.
Analysts were hoping that La Libertad Avanza would lose a few points to the Peronist, but his allies feared that a result that exceeded the expectations of the Buenos Aires state would account for nearly 40% of the country’s population.
Peronist leader and former president Christina Fernandez de Kirchner It seemed she felt she had gotten some reward afterwards Convicted of corruption And her criticism of economic management led to the crisis that Mailey inherited.
“Did you see that, Miley?” Two former presidents (2007-2015) wrote on social media platform X.
Interests are rising due to the midterm of the Congress
Mairay will need to expand his party’s minority in opposition-controlled parliament next month Reforms his radical libertarians And make good his promise to turn nine defaulters into a country where they can sort out their debts.
The Peronist is now the largest block in Argentina’s fragmented parliament, and used that number to pass Social Expense Measures We are testing Milei’s efforts to balance Argentina’s budget.
“The results are important data points to understand the opposition standing, the state of Peronism and the level of government support in Argentina’s most important constituency,” said Juankurusdiaz, head of the consulting firm Cefeidas Group in Buenos Aires.
“It’s not the main national election in October, but it’s still a wake-up call for government, and how it responds is important to understand the evolving political map.”
Problems of the Ocean Economy
My Ray can be proud to defeat him, but Argentina’s Triple digit inflation With the reckless spending of his Peronist predecessor in the past few months, the Argentinians have yet to see a resurgence in the economy that is supposed to follow his severe austerity measures.
His government has Argentine maze currency restrictions As part of $20 billion International Monetary Fund Reliefhowever, it has not yet gained the trust of international financiers who can bring the investments needed for the country’s employment and turbo charging economic growth.
“Mairay has a very strong ideology and his vision is that the nation must have minimal impact and investment must come from the private sector. But that hasn’t happened yet,” said Ana Iparaghire, an Argentine political analyst and partner at Washington-based strategy firm GBAO.
Consumer confidence is declining, unemployment is rising, and interest rates are rising to hit highs. The government has repeatedly stepped into currency markets to support the peso and curb inflation in hopes of placing mobile voters.
The abused party of Peronists is immersed in its victory
President Fernandez waves violently from the balcony of his Buenos Aires home, where he sentences him to six years in prison. Under house arrestto the former, a crowd of supporters celebrating on the streets below.
Despite being forbidden by politics for the rest of her life, she It remains the most influential The ideologically flexible populist movement, a leader in Peronism, ruled politics for decades, focusing on the rights of labor that emerged from the province of Buenos Aires in the 1940s.
Fernandez has messed up Mylay’s pain on social media, Bribery scandal involving the president’s powerful sisters He would prove “fatal” because of his election outlook.
“And I don’t even start to see how the rest (someone who still has jobs) are doing. I’ll bear the debt of food, rent, utilities or drugs, and on top of that, with the biggest credit card,” she added.
The election results also highlighted Axel Xilov, the left-wing governor of the Buenos Aires province and one of Mailey’s fierce critics, Fernandez’s former pupil, and revealed he was in the best position to take up the mantle of the future Peronist leader.
Kichirov gave a fierce speech late on Sunday, where he replied with Mairay; It reminded voters of what they lost By exchanging Pernist populism Milei’s brutal spending cuts.
“The ballot box told Mairi that public works couldn’t be stopped. They explained to him that retirees should not be beaten and those with disabilities cannot be abandoned,” he told supporters.
“The ballot box cried out that it would not be able to pay back education, healthcare, science and culture.”
