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October 27, 2025

Far-Right President Milei's Party Wins Decisive Victory in Argentina's Midterm Elections
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In Argentina, far-right President Javier Milei's party won a decisive
victory in the country's midterm elections, picking up 14 seats in the
Senate and 64 in the lower house of Congress. But it's still short of a
congressional majority for Milei's party. It comes after President Trump
earlier this month promised a $40 billion bailout for Argentina if
Milei's party was victorious in elections. After the results, Trump told
reporters, "We've made a lot of money based on that election." Since
taking office in 2023, Milei has imposed painful austerity measures on
the country, slashing thousands of government jobs and curbing public
investments in infrastructure, healthcare and education, which led to
widespread protests. Earlier this year, Milei appeared on stage with
Elon Musk at the conservative CPAC conference in the U.S., wielding a
chain saw to symbolize cuts to government programs.


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