Milei bets on Trump win in US midterms; GOP loss could shift Argentina strategy
Published 1 d ago7 sourcesEvidence: Reported
Argentina is entering a recession, compounding President Javier Milei's political difficulties as his approval ratings decline a year before the presidential election. The economic downturn may push Milei to seek support from Donald Trump, though the nature and likelihood of such assistance remain uncertain.
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President Milei's economic adjustment plan is showing signs of exhaustion, characterized by stagnant activity, falling consumption, and deteriorating employment, as confirmed by government admissions of persistent inflation pressures through year-end. This economic downturn is eroding legislative support and contributing to declining approval ratings, signaling increased political instability. The long-term sustainability of the current policy trajectory and its social costs remain key uncertainties.
Published 1 d ago7 sourcesEvidence: Reported
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