Argentina is teetering on the brink of an unpredictable new political era this weekend with an erratic far-right populist known as “El Loco” (the Madman) the slight favourite to become president of South America’s second-largest economy in Sunday’s election.
As polls opened on Sunday morning against a backdrop of soaring inflation and widespread poverty, analysts believed Javier Milei, a TV celebrity turned congressman, held a slender advantage over his rival, the finance minister, Sergio Massa, but said the result was too close to call.