‘El Loco’ wins landslide victory in Argentina that experts say shows scale of frustration with Peronist status quo

• What does Argentina’s new president stand for?

Luminaries of the global far right are in raptures over Javier Milei’s thumping election victory in Argentina which experts predict will turn Buenos Aires into a new stomping ground for the populist radical right.

Donald Trump and Jair Bolsonaro led the merrymaking after their Argentinian ally trounced his rival, the Peronist finance minister Sergio Massa, by nearly 3 million votes in Sunday’s presidential election. The former US president predicted Milei would “truly make Argentina great again” while Brazil’s ex-president applauded a victory for “honesty, progress and freedom”. Bolsonarista and Mileísta activists predicted Milei’s win would be the first in a trio of rightwing conquests that would see Trump and Bolsonaro reclaim power in 2024 and 2026.

Victory for TV celebrity-turned politician catapults South America’s second-largest economy into an unpredictable future

Javier Milei, a volatile far-right libertarian who has vowed to “exterminate” inflation and take a chainsaw to the state, has been elected president of Argentina, catapulting South America’s second largest economy into an unpredictable and potentially turbulent future.

With nearly 99% of votes counted, the Mick Jagger impersonating TV celebrity-turned politician, who is often compared to Donald Trump, had secured 55.7% of the vote compared to Massa’s 44.2%.

More than 100 economists including Thomas Piketty and Jayati Ghosh publish open letter ahead of country’s 19 November election

The election of the radical rightwing economist Javier Milei as president of Argentina would probably inflict further economic “devastation” and social chaos on the South American country, a group of more than 100 leading economists has warned.

In an open letter, published ahead of Argentina’s crunch 19 November election, the economists said they understood the “deep-seated desire for economic stability” among voters, given Argentina’s frequent financial crises and recurring bouts of very high inflation.

Open letter from offspring of officials convicted of crimes against humanity warns that democracy is at risk in presidential election

The offspring of military officials convicted of crimes against humanity and genocide during Argentina’s dictatorship have urged voters not to back the far-right candidate Javier Milei in the imminent election, warning that the country’s very democracy is in danger.

In an open letter published ahead of the 19 November run-off between Milei and his centrist rival, Sergio Massa, the Historias Desobedientes (Disobedient Stories) collective voiced “great concern” that the rightwing radical and his running mate Victoria Villarruel had a chance of winning power.

Move by Patricia Bullrich, who placed third in Argentina’s presidential election, is not backed by other parts of her alliance

The defeated Argentinian presidential candidate Patricia Bullrich, who came third in Sunday’s election, has endorsed the libertarian firebrand Javier Milei for next month’s runoff vote.

Bullrich took 23.8% of the vote in the first round, finishing third behind the surprise frontrunner – the economy minister, Sergio Massa, who won 36.7% – and Milei, who took just over 30%.

In today’s newsletter: Javier Milei was expected to top the first round of voting in the presidential election, but the country picked the centrist candidate

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Good morning. Today we’re heading to Buenos Aires, where left-wing and centrist Argentinians have taken to the streets celebrating that the country may be about to avoid electing a far-right president described by some as a mashup of Donald Trump, Boris Johnson and The X-Men’s Wolverine – who describes himself as “anarcho-capitalist”.

Until the results of the first round of Argentina’s presidential election trickled out early yesterday morning, the polls and the pundits had predicted that eccentric far-right populist Javier Milei – whose signature mop of untamed hair and long sideburns is a professionally designed homage to Elvis and the aforementioned superhero – would probably become the country’s next president.

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