Argentina's Milei wins big in midterms with 'chainsaw' austerity

AI Summary
In Argentina's midterm elections, President Javier Milei and his party La Libertad Avanza secured a significant victory, winning nearly 41% of the vote. The party now holds 13 out of 24 Senate seats and 64 out of 127 lower-house seats. Milei gained popularity through radical spending cuts and free-market reforms since taking office in 2023. His victory clears political obstacles for further implementation of austerity measures, previously hindered by opposition lawmakers overturning his vetoes on funding boosts for state universities, disability support, and children's healthcare. The election results mark a substantial shift from the previous Congress, where Milei's party had only seven Senate seats and 37 lower house seats.
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