Newshour Extra

Argentina at a crossroads

Informações:

Synopsis

Argentina’s economy minister has won more than 36% of the vote in Sunday’s presidential elections, defying expectations. The election has been shaken by the emergence of anti-establishment populist and self-styled "libertarian" Javier Milei. Mr Milei is an outspoken right-wing economist whose "shock-jock" style and aggressive social media campaigning have appealed to younger voters. No candidate received the necessary 45% of votes needed to win outright, so there will be a second round on 19 November. The election comes amid a severe economic crisis - inflation is nearing 140% - 40% are living below the poverty line. Argentina is one of Latin America’s most stable democracies - but it remains the world's single biggest debtor to the International Monetary Fund (IMF), owing $46bn (£38bn). Three-quarters of young Argentinians want to leave the country to look for better opportunities. What needs to happen to improve the country's prospects? And will the economic mess damage Argentina’s democracy? Shaun Ley is