So will the government of Donald Trump, which has been backing Mr Milei and buying pesos to prop up the Argentine currency. Yet the impressive victory has caveats. Turnout of 68%, in a country with compulsory voting,

Argentine President Javier Milei has hailed his party’s resounding victory in midterm congressional elections as a mandate to press forward with radical free-market reforms.

President Javier Milei emerged from the election with an even tighter bond with the United States and a bigger mandate to pass transformative economic plans.

Milei’s party dominates Argentina’s 2025 midterms, but the LIBRA crypto scandal could threaten his credibility and reform momentum.

Milei’s libertarian party defied poll predictions, tripling its congressional seats to advance free-market reforms.

Analysts said the stronger-than-expected showing could reflect fear of renewed economic turmoil if the country abandoned Milei's policies.

Argentina's right-wing President Javier Milei declares himself "king of a lost world" after midterms victory aided by massive bailout by the Trump administration.

The results of Argentina's midterm elections Sunday were not widely expected. Pre-election polls had predicted a tie nationwide. Instead there was a clear win for President Javier Milei's coalition, La Libertad Avanza (Freedom Advances),

Argentina’s libertarian President Javier Milei won a decisive victory in the country's midterm elections on Sunday, securing a vote of confidence in his free-market reforms and austerity measures, along with $20 billion in funding promised by his key ally, President Donald Trump.

"He had a lot of help from us. He had a lot of help. I gave him an endorsement, a very strong endorsement," Trump said, also crediting some of his top officials, including Treasury Secretary Scott Bessent, who oversaw the financial assistance to Argentina.

The rallies unleashed by Argentina President Javier Milei’s surprising electoral win were stunning, with bond prices posting record gains and the stock market skyrocketing over 20% as investors stampeded back in.