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Big win in midterm vote for Argentina's President Milei boosts markets and vindicates Trump

BUENOS AIRES, Argentina (AP) — Markets in Argentina rallied, the peso surged and government bonds jumped on Monday as President Javier Milei hailed his party's resounding victory in midterm congressional elections as a mandate to press ahead with radical free-market reforms of Argentina's long-troubled economy. Investors regained confidence in the chronically depreciating peso they had been dumping in droves just last week to hedge against a Milei defeat. The currency surged more than 10% on...

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