Argentinian President Javier Milei acknowledged a “setback” on Sunday after his libertarian party suffered a bruising loss in elections in the Buenos Aires province.

Argentine President Javier Milei faced a significant political setback on Sunday after his party, La Libertad Avanza (LLA), suffered a decisive

Argentina’s markets tumbled after President Javier Milei’s party underperformed in a provincial election, raising questions about support for his pro-market overhauls.

Shares in Argentina’s New York-listed exchange-traded fund were braced for a big fall Monday morning after President Javier Milei’s La Libertad Avanza party fared worse than expected in Sunday’s provincial elections.

The Argentine peso and share prices dropped sharply Monday after President Javier Milei's libertarian party suffered a drubbing in a key provincial election.

The Buenos Aires provincial election is a test of Milei’s popularity ahead of upcoming congressional polls next month.

Argentina's markets tumbled on Monday, with the peso currency touching a historic low, after a heavy defeat for President Javier Milei's party at the hands of the Peronist opposition in local elections stoked worries about the government's ability to implement its economic reform agenda.

Argentina's markets tumbled on Monday after a heavy defeat for President Javier Milei's party at the hands of the Peronist opposition at local elections stoked worries about the government's ability to implement its economic reform agenda.