Saturday , 18 May 2024
Home Finance Live news: The week ahead

Live news: The week ahead

Javier Milei, a radical libertarian economist and first-term congressman, has won Argentina’s presidential elections, defeating economy minister Sergio Massa and pulling the country’s politics far to the right amid its worst crisis in two decades.

At 8.10pm, almost an hour before the first official results were due to be published by Argentina’s electoral commission, Massa, who hails from the moderate wing of the ruling left-leaning populist Peronist movement, announced that he had called Milei to concede.

He added that the two had spoken and come to agreements about the transition that would take place ahead of Milei’s December 10 inauguration to ensure “no one has any doubts about the . . . economic, social, political and institutional functioning of Argentina”.

Source link

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles


More Cheese, Please: Farmers Are Squeezing Cows for Fattier Milk

Americans are eating more cheese and butter. That has dairy farmers scrambling...


South African opposition seeks to build on Cape Town success

Cape Town mayor Geordin Hill-Lewis gazed from the window of his office...


Japanese stocks rally as investors’ rate rise fears wane

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT,...


European Banks Brace for Testing Times After Peak in Interest Rates

Jan. 12, 2024 10:52 am ET European banks head into 2024 with...