Argentina’s stocks, bonds and currency surged Monday after the country’s midterm elections delivered a surprising mandate for President Javier Milei to press ahead with his free-market economic overhauls.

Milei’s libertarian party defied poll predictions, tripling its congressional seats to advance free-market reforms.

So will the government of Donald Trump, which has been backing Mr Milei and buying pesos to prop up the Argentine currency. Yet the impressive victory has caveats. Turnout of 68%, in a country with compulsory voting,

Argentina's government bonds surged after President Javier Milei's party had an unexpectedly strong showing in Argentina's midterm elections. The yield on a U.S. dollar-denominated government bond maturing in 2046 fell to 7.

The overseas unit of Abu Dhabi’s biggest oil company is in talks to invest in a liquefied natural gas project Argentina’s YPF SA is developing as it pushes to start exporting the fuel.

An exchange-traded fund that provides exposure to Argentine stocks surged Monday after the U.S. stock market’s open, attempting its biggest jump ever after [Argentina's president, Javier Milei, triump

The rescue has come under criticism, including from Republicans like Rep. Marjorie Taylor Greene, who questioned how helping Argentina with billions of dollars is “America first” while Americans are struggling with high costs.

An Old Testament sage once said, “there is nothing new in the world.” Yet the Trump administration and that of Javier Milei in Argentina have really found something unique. It is the bailout