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The Guardian - US
The Guardian - US
World
Uki Goñi in Buenos Aires

Argentina ‘puts a limit on madness’ as resurgent Peronists stall Milei’s rise

Sergio Massa, the economy minister, at his party headquarters in Buenos Aires on Sunday night.
Sergio Massa, the economy minister, at his party headquarters in Buenos Aires on Sunday night. Photograph: Juan Mabromata/AFP/Getty Images

After a disastrous showing in Argentina’s open primaries in August, Argentina’s Peronist party made a resounding comeback this week. In the latest chapter in a rollercoaster presidential election, the soft-spoken economy minister, Sergio Massa, snatched what seemed like a sure victory from the jaws of the libertarian Javier Milei, winning 36.6% of the vote against only 29.9% for Milei.

The broad margin was still not enough to avoid a runoff on 19 November between the two most dissimilar contenders imaginable. Although beset by soaring price inflation and a 40% poverty rate, Massa trounced Milei, whose promise to dollarize the economy and legalize the organ trade had catapulted him to surprise victory in August.

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