Javier Milei Wiki, Net Worth, Wikipedia

Javier Milei Wiki, Net Worth, Wikipedia – The victory of an anti-establishment candidate who supports former President Donald Trump in the country’s presidential primary sent the Argentine peso plummeting on Monday.

After a right-wing candidate who admires Trump wins the primaries, Argentina’s currency plummets.

By winning the largest percentage of the primary vote for president in October’s general election to elect the leader of the economically troubled country, Javier Milei shocked Argentina’s political establishment.

Milei, 52, believes Argentina’s central bank should be dissolved and the peso replaced by the dollar. He claimed that sex education is a plan to break up families and that climate change is a hoax. In addition, he stated that it should be legal to sell human organs.

Argentina places strict restrictions on gun ownership. According to his party’s election program, Milei advocates “deregulation of the legal market” of weapons and “protection of their legitimate and responsible use by citizens.”

In response to the unexpected results on Sunday, the Argentine government decided to weaken the peso by 20% early Monday morning. In Argentina, two orthodox political alliances have been alternating in power for ten years. The nation is currently the latest place where voters have chosen an outsider candidate to protest the status quo.

Operators watched anxiously on Monday as the value of the peso fell 12% by early afternoon in the parallel or blue market. Milei claimed that the administration was trying to link his triumph to the currency’s decline.

In an interview with cable news channel LN+ on Monday, Milei said: “One of the things the government is trying to convey is that the devaluation and all these things are our fault. Due to the depreciation of the peso, the already high inflation rate would increase even more, making it difficult for ordinary people to make ends meet. Marta Gisela Barrera, a 29-year-old urban recycler who struggles to provide enough food for her four children, said Monday morning that “the more the dollar rises, the more expensive things become.” “I have no idea what’s going to happen anymore.”

Argentinians must vote or face a symbolic fine. Of the 35 million eligible voters, 69 percent went to the polls, choosing candidates for roles ranging from local councilor to president. Since the current system was established in 2009, it was the lowest turnout for a presidential election.

The competition included the presidential candidates of the largest parties. Milei won the election unopposed and scored slightly more points than the representatives of the parties that dominated Argentine politics.

A newly minted politician with long sideburns and shaggy hair who gained popularity and a rock-star following with a blistering attack on the “political caste” is now a serious contender for the presidency after a much better-than-expected showing.

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“We have fallen 40 times in the past; promise me that this time will be different. The main problem is that politicians, who are the source of the problem, hold the key to its solution, according to Milei in an interview for LN+.

Jair Bolsonaro, who served as Brazil’s president from 2019 to 2022, shared similar views against the left and anti-social justice. With a tough approach to crime, right-wing populists are also making gains, most notably in El Salvador, where President Nayib Bukele’s popularity has soared despite an anti-gang campaign that has resulted in human rights abuses.

According to Millei, if he were to win, “my allies would be the United States and Israel,” and he said he would imitate Trump by moving Argentina’s embassy in Israel from Tel Aviv to Jerusalem.

Official results showed that Milei received about 30% of the vote after approximately 97% of registered polling stations. United for Changes, the largest opposition coalition, had 28 percent of the vote, while the ruling coalition, Community for the Homeland, had 27 percent of the vote.

Even in a country where voters tend to favor candidates they see as winners, Milei would need to increase his share of the national vote by 15% to win the election in two months.

A candidate would need 40% of the vote and a 10-point advantage over the runner-up if he doesn’t get 45% of the vote. Otherwise, a second round between the two best candidates would be held in November.

During the celebration at his election headquarters, Milei promised to put an end to the parasitic, corrupt and useless political caste that exists in this country.

“Today we took the first step towards rebuilding Argentina,” he declared. It is difficult to create a different Argentina with the same people.

It seems that on Monday, Miley’s followers in Buenos Aires were most enthusiastic about the new arrival on the scene.

“We always end up going back to the other side, and then the other side comes back, and it’s a cycle that keeps us in the same situation,” said Clara Costa, a 54-year-old administrative assistant.

Since 2021, Milei is a member of the lower house of the Argentine Congress.

Argentina is struggling with annual inflation of over 100%, rising poverty and a rapidly depreciating currency. Milei first gained popularity by proposing that the country switch from the peso to the US dollar.

Milei would require congressional support, which is highly improbable. As a result, he said he would work to hold a referendum, or non-binding popular vote, on the issue, although it was unclear whether he could do so without the help of lawmakers.

Answering a question about the elections in Argentina, Mexican President Andrés Manuel López Obrador said that inflation and economic crises “always favor the right and conservatism, which is happening to some extent in Argentina,” and cited the example of Adolf Hitler. He soon clarified that he wasn’t directly comparing the two, but added that it was “important to remember” that “inflation actually helped” Hitler rise to power.