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| Argentina elects its first libertarian president | Argentina elects its first libertarian president |
| (30 minutes later) | |
| Economy Minister Sergio Massa has conceded defeat to firebrand Javier Milei | Economy Minister Sergio Massa has conceded defeat to firebrand Javier Milei |
| Libertarian economist Javier Milei was elected to become Argentina’s next president on Sunday. | Libertarian economist Javier Milei was elected to become Argentina’s next president on Sunday. |
| With 86.59% of the votes counted, Milei won with nearly 56%, while his rival in the runoff, Economy Minister Sergio Massa, received 44%. | |
| Before the official results were announced, Massa conceded defeat in a speech. “The results are not what we expected, and I have contacted Javier Milei to congratulate him and wish him luck,” Massa said, thanking his supporters. | Before the official results were announced, Massa conceded defeat in a speech. “The results are not what we expected, and I have contacted Javier Milei to congratulate him and wish him luck,” Massa said, thanking his supporters. |
| Milei, a 53-year-old self-described “anarcho-capitalist” who leads the Liberty Advances party, has been compared to former US President Donald Trump due to his sometimes brash and eccentric personality. | |
| During his campaign, Milei made several radical proposals, including the abolishing of the country’s central bank and swapping the Argentine peso for the US dollar as official currency. | |
| DETAILS TO FOLLOW | DETAILS TO FOLLOW |