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Snapshot 10:Sun, Oct 26, 2025 3:45:48 PM GMT last edited by JoseMoura

Argentina Votes in Key Midterm Election Testing Milei

Argentina Votes in Key Midterm Election Testing Milei

Above: A voter casts his ballot at a polling station in Buenos Aires on Oct. 26, 2025. Image copyright: *** GETTY *** Tobias Skarlovnik/Getty Images

The Spin

Milei's move-fast-and-break-things approach is crumbling as lawmakers overwhelmingly overturn his vetoes and corruption scandals plague his party leadership. Financial conditions continue deteriorating while promised US aid remains vague and delayed until after the midterms. With his party holding minimal congressional seats and facing likely underperformance, Milei appears politically wounded and increasingly unable to implement his unpopular reform agenda.

Milei has delivered remarkable results, slashing inflation, balancing the budget and pulling millions of people out of poverty in under two years. The current economic turbulence stems from Peronist sabotage as they deliberately pass fiscally irresponsible bills to undermine Argentina's hard-won stability. Sunday's election will determine whether Argentina continues its escape from decades of economic mismanagement or returns to the destructive policies that created the crisis Milei inherited.

Metaculus Prediction

There's a 55% chance that Javier Milei will be reelected as president of Argentina before Jan. 1, 2028, according to the Metaculus prediction community.



© 2025 Improve the News Foundation. All rights reserved.Version 6.17.0

© 2025 Improve the News Foundation.

All rights reserved.

Version 6.17.0