The new president of Argentina is Javier Milei, who styles himself like Mick Jagger and is often compared with Donald Trump.
Pro-Milei activists rejoiced at the triumph of their 53-year-old leader, whom they describe as an economic visionary poised to lead Argentina out of one of the country’s worst economic crises in decades.
“[I’m] happy, happy, happy,” said Francisco Jiménez, a 30-year-old delivery driver and Milei activist from Villa Soldati, a working-class area outside Buenos Aires.
As he set off to join the party at Milei’s campaign HQ, Jiménez said he knew the result was likely to send Argentina’s peso tumbling against the dollar and cause more economic pain. “But I don’t think there is another option than trusting him. Now more than ever,” he added. “The situation is dire.”
During his campaign, Milei – who will take office on 10 December – vowed to abolish the central bank and dollarise the economy in order to overcome a financial calamity that has left 40% of Argentina’s 45 million citizens in poverty and pushed inflation to more than 140%. “I know how to exterminate the cancer of inflation,” Milei proclaimed during last Sunday’s final presidential debate which most pundits believed Massa had won.
Milei’s victory was celebrated by other big beasts of the global far-right including Brazil’s former president Jair Bolsonaro, who had championed his campaign and has promised to attend his inauguration. “Hope is sparkling in South America once again,” Bolsonaro wrote on X, hailing what he called a victory for “honesty, progress and freedom”.
The former US president Donald Trump wrote: “The whole world was watching! I am very proud of you. You will turn your country around and truly Make Argentina Great Again.”
His victory was also celebrated by X’s owner Elon Musk, who posted: “Prosperity is ahead for Argentina”.