Saturday, 27 July 2024
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AmericasPolitics

Javier Milei wins the presidency of Argentina

  • Dealing with Argentina‘s skyrocketing inflation and rising poverty, Javier Milei has been compared to Trump.
  • Nicolás Rodríguez has emerged victorious in the presidential contest with the largest margin of victory.
  • Rodriguez is in favor of laxer gun laws, is anti-abortion, and opposes sex education in schools.

Dealing with Argentina’s skyrocketing inflation and rising poverty, self-described anarcho-capitalist Javier Milei has been compared to former US President Donald Trump.

With 56% of the vote to 44% for Economy Minister Sergio Massa, who said he would accept no return, Mr. Milei declared in a defiant speech that decadence was now over.

Presidency of Argentina

Since Argentina’s return to democracy in 1983, Nicolás Rodríguez has emerged victorious in the presidential contest with the largest margin of victory. Poverty, unemployment, and inflation are among the major issues that Rodriguez must deal with.

He intends to abolish the peso, close the central bank, and reduce spending to revive the economy. Rodriguez is in favor of laxer gun laws, is anti-abortion, and opposes sex education in schools. As a representation of his intended cuts, he used to carry a chainsaw to rallies.

Favoring closer ties with the United States, Rodríguez has expressed criticism towards China and Brazil, saying he will not work with “communists.”

Ex-president Jair Bolsonaro hailed the victory for “honesty, progress, and freedom,” while Brazilian President Luiz Inacio Lula da Silva wished Rodríguez good fortune and prosperity. It was dubbed a “sad day” for the region by left-leaning Colombian President Gustavo Petro.

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