Argentina voted Sunday in a midterm election that will serve as a crucial referendum on President Javier Milei’s ambitious austerity policies and, potentially, a $40 billion rescue package from the Trump administration.

So will the government of Donald Trump, which has been backing Mr Milei and buying pesos to prop up the Argentine currency. Yet the impressive victory has caveats. Turnout of 68%, in a country with compulsory voting,

Argentina's president Javier Milei has led his party to a landslide victory in Sunday's midterm elections, after defining the first two years of his presidency with radical spending cuts and free-market reforms.

President Javier Milei’s party won Argentina’s midterm vote Sunday, a result that will give the libertarian leader a stronger foothold in Congress as he seeks to pass major reforms to boost the nation’s beleaguered economy.

Argentina’s President Javier Milei’s libertarian party has won a big victory in national legislative elections, according to partial official results, giving his free-market reform drive fresh impetus after a financial market crisis threatened to derail it.

The result, which gives Mr. Milei enough legislative support to keep his vetoes from being overturned, showed that many voters still back the president’s austerity policies.

Argentine President Javier Milei secured a huge political win on Sunday night after his libertarian party won in key districts in the country’s midterm elections. According to the Associated Press, Milei’s La Libertad Avanza party won 40.

Argentine President Javier Milei’s libertarian party has won a landslide victory in national midterm legislative elections, with voters backing his free-market reforms and deep austerity measures.