Midterm Elections in Argentina
Economy Minister Luis Caputo stated that the current midterm legislative elections are "more important than the 2027 presidential vote."
the world is watching
Caputo made this statement after a day of turbulence for Argentina's peso, amidst a run on the currency. The US government has provided repeated financial backing, with US President Donald Trump conditioning continued support on a strong performance for President Javier Milei's La Libertad Avanza party.
Caputo also attempted to dispel fears of an imminent post-election peso devaluation, saying the current exchange rate regime "will remain exactly the same."
Author's summary: Argentina's midterm elections are crucial.
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