María Victoria Murillo
Before Argentina’s midterm legislative elections last month, many believed that President Javier Milei’s party, La Libertad Avanza (LLA), was bound for electoral defeat. After nearly two years in office, Milei faced a shortage of the foreign currency reserves needed to halt a run on the Argentine peso, raising fears of yet another debt crisis in a country that has repeatedly defaulted. His economic adjustment program, which entailed massive spending cuts and layoffs, had brought hardship to many Argentines. And in September his party had lost by a 13-point margin in the provincial election for mayors and legislators in
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