Javier Milei's Unprecedented Win in Argentina Signals Economic Prioritization
Right-wing populist Javier Milei has won Argentina's presidency, defeating Economy Minister Sergio Massa with 55.7% of the vote. Milei, a libertarian economist, plans to slash government spending, dollarize the economy, and eliminate the Central Bank and key ministries. He also intends to privatize state-run media outlets and eventually privatize state-controlled energy firm YPF. Milei's victory represents a political paradigm shift in Argentina, as he is the first outsider to reach the presidency and is considerably more right-wing than previous leaders. Supporters celebrated his win, while critics express concerns about his inexperience and combative style.