Argentine presidential candidate Javier Milei visits a polling station to cast his vote in Buenos Aires, November 19, 2023, during Argentina's runoff presidential election.
The libertarian president-elect won a closely fought election. Now comes the hard part: dealing with economic crises.
Inflation is at 143%, net reserves of foreign currency are deep in the red, savers are ditching the peso, and a recession is looming, if not already here. Four in 10 Argentines live in poverty and a sharp peso devaluation is likely.
Milei, who is pledging economic "shock therapy" such as dollarization and shutting the central bank, won a second-round runoff vote on Sunday with some 56% to rival Sergio Massa's 44%.
š Read the latest on the election at our link in bio. š· AgustinMarcarian
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