Milei Approval Hits New Low, Wallstreet Remains Cautious

Bloomberg•Friday, October 24, 2025 at 7:55:42 PM

Argentine President Javier Milei is facing a significant challenge as his approval rating has plummeted to its lowest point since he took office. With midterm elections approaching, where nearly half of Congress seats are up for grabs, Milei's coalition must secure over 34% of the vote to advance his economic agenda. However, the prevailing negative sentiment about the economy among Argentines is raising concerns among global investors, who are preparing for potential repercussions. This situation is crucial as it could impact not only Milei's presidency but also the broader economic landscape in Argentina.

— Curated by the World Pulse Now AI Editorial System

Read Original

Was this article worth reading? Share it

Recommended Readings

Bloomberg3 hours ago

What's at Stake in Argentina's Elections?

PositiveFinancial Markets

Argentina's upcoming elections are crucial as President Javier Milei's allies seek to secure a significant number of congressional seats. Analysts believe that if the La Libertad Avanza coalition can achieve one-third of the seats, it could lead to a positive shift in the markets. This election, taking place on Sunday, is pivotal for the country's political landscape and economic future, making it a key event to watch.

Read full article

via Bloomberg

Bloomberg4 hours ago

Argentina Holds Midterm Elections, Invesco Shares Down | Bloomberg Markets 10/24/2025

NeutralFinancial Markets

Argentina recently held its midterm elections, a significant event that could shape the country's political landscape. While the elections are crucial for governance, the news also highlights the impact on financial markets, as seen with Invesco shares declining. This situation is important for investors and citizens alike, as it reflects the broader economic implications of political changes.

Read full article

via Bloomberg

Investing.com6 hours ago

Retirees on the edge: Argentina’s protesting pensioners

NegativeFinancial Markets

In Argentina, retirees are taking to the streets in protest against the government's handling of pensions amid a struggling economy. With inflation soaring and living costs rising, many pensioners feel their financial security is at risk. This situation highlights the broader economic challenges facing the country and raises questions about the government's commitment to supporting its elderly citizens.

Read full article

via Investing.com

Investing.com8 hours ago

Argentina’s farmers give Milei vote of confidence before midterms

PositiveFinancial Markets

Argentina's farmers have expressed strong support for President Javier Milei ahead of the upcoming midterm elections. This vote of confidence highlights the agricultural sector's optimism about Milei's policies, which they believe will benefit their industry. As farmers play a crucial role in the country's economy, their backing could significantly influence the election outcome and shape future agricultural policies.

Read full article

via Investing.com

Bloomberg8 hours ago

Milei Faces Pivotal Moment in Midterm Election

NeutralFinancial Markets

Javier Milei is at a crucial juncture as Argentina prepares for midterm elections that will determine nearly half of the congressional seats. This election is significant not just for the immediate political landscape but also for the future direction of the country. With high stakes involved, voters will have the opportunity to shape the legislative agenda, making this a pivotal moment for Milei and his political ambitions.

Read full article

via Bloomberg

The Wall Street Journal14 hours ago

Has Argentina really changed? The Trump administration is betting $20 billion that with time and support, President Javier Milei can fix Argentina’s economy once and for all, writes WSJ’s Greg Ip.

PositiveFinancial Markets

The U.S. is investing $20 billion in Argentina, betting on President Javier Milei's ability to revitalize the country's struggling economy. This significant financial support highlights a belief in potential change and recovery, which could have far-reaching implications for both nations. As we await the outcomes of this investment, it raises questions about the future of Argentina's economic landscape and its relationship with the U.S.

Read full article

via The Wall Street Journal

Investing.com15 hours ago

Trump to quadruple Argentine beef imports while US ranchers fume

NegativeFinancial Markets

In a surprising move, President Trump has announced plans to quadruple beef imports from Argentina, a decision that has left many US ranchers outraged. This shift in trade policy raises concerns about the impact on local farmers and the beef market in the United States. As ranchers express their frustration, the implications of this decision could ripple through the agricultural sector, affecting prices and competition.

Read full article

via Investing.com

Investing.com16 hours ago

Argentina braces for market turbulence as midterm elections loom

NeutralFinancial Markets

As Argentina approaches its midterm elections, the country is preparing for potential market turbulence. This situation is significant as it reflects the uncertainty surrounding the political landscape and its impact on the economy. Investors and citizens alike are watching closely, as the outcomes could influence economic policies and stability in the region.

Read full article

via Investing.com

Latest from Financial Markets

Investing.com36 minutes ago

Recursion Pharma CEO Gibson sells $570,000 in shares

NeutralFinancial Markets

Recursion Pharma's CEO, Gibson, has sold $570,000 worth of shares, which raises questions about the company's future direction and financial health. While stock sales by executives can sometimes indicate a lack of confidence in the company's prospects, they can also be part of personal financial planning. This move is significant as it reflects the ongoing dynamics in the biotech sector and investor sentiment.

Read full article

via Investing.com

Investing.com36 minutes ago

Nagar Yaacov sells 374water (SCWO) shares worth $231k

PositiveFinancial Markets

Nagar Yaacov has successfully sold shares of 374water, a company focused on sustainable water solutions, for a total of $231,000. This sale not only reflects confidence in the company's future but also highlights the growing interest in environmentally friendly technologies. Such investments are crucial as they support innovation in addressing global water challenges.

Read full article

via Investing.com

Investing.com41 minutes ago

Alaska Airlines vows IT upgrades after outage forces 400 flight cancellations

NegativeFinancial Markets

Alaska Airlines has announced plans for significant IT upgrades following a recent outage that led to the cancellation of 400 flights. This incident not only disrupted travel plans for thousands of passengers but also highlighted the vulnerabilities in the airline's technology infrastructure. By committing to improvements, Alaska Airlines aims to enhance reliability and restore customer confidence, which is crucial in the competitive airline industry.

Read full article

via Investing.com

The Wall Street Journalan hour ago

Alaska Airlines Outage Results in Hundreds of Canceled Flights

NegativeFinancial Markets

Alaska Airlines faced significant disruptions due to an hourslong ground stop, leading to hundreds of canceled flights. This incident not only inconvenienced travelers but also prompted the airline to postpone its quarterly earnings call, highlighting the operational challenges they are currently facing. Such outages can impact customer trust and the airline's financial performance, making it a critical issue for both passengers and stakeholders.

Read full article

via The Wall Street Journal

Investing.coman hour ago

Trump aims to clinch deal with China’s Xi during Asia trip

PositiveFinancial Markets

During his recent trip to Asia, Trump is focused on securing a significant trade deal with China's President Xi Jinping. This meeting is crucial as it could pave the way for improved economic relations between the two countries, which have been strained in recent years. A successful agreement could benefit both nations and stabilize global markets, making this diplomatic effort particularly important.

Read full article

via Investing.com

Investing.coman hour ago

Eric Yuan of Zoom sells $12.1 million in shares

NeutralFinancial Markets

Eric Yuan, the CEO of Zoom, has sold $12.1 million worth of shares in the company. This move comes as part of his financial strategy and reflects the ongoing trends in the tech industry. While such sales can raise eyebrows among investors, they are not uncommon for executives looking to diversify their portfolios or fund personal projects. Understanding these actions can help investors gauge the company's direction and the CEO's confidence in its future.

Read full article

via Investing.com