
The 74-year-old Guillermo Francos resigned on Friday as Argentina's Cabinet Chief, effective immediately. He will be replaced by Presidential Spokesperson Manuel Adorni, marking the start of a significant restructuring within the Javier Milei administration following the October 26 midterm elections. Adorni is slated to be sworn in on Monday.

Argentine President Javier Milei's La Libertad Avanza (LLA) on Sunday recorded a surprise victory in the province of Buenos Aires and secured over 40% of the vote nationwide to become the strongest force in the Lower House after Dec. 10.

President Javier Milei of Argentina said his country had chosen to leave “100 years of decadence behind” after his La Libertad Avanza Party's victory in Sunday's midterm elections with over 40% of the national vote.

Argentina's midterm elections went uneventfully on Sunday amid a poor turnout that left analysts wondering which party lost the most votes. It will not be until 9 pm local time that the first reports from the National Electoral Directorate (DINE) are due.

Sunday's midterm elections in Argentina have been deemed crucial for the future of President Javier Milei's La Libertad Avanza and its drastic chainsaw economic reforms amid mounting recession and a sharp slowdown despite bailouts from Washington.

Argentine President Javier Milei met on Friday in Buenos Aires with Jamie Dimon, the CEO of JPMorgan Chase, at a dinner hosted by the bank at the National Museum of Decorative Art, in a high-stakes gathering focused on securing international financial assistance.

Argentina's Justice Minister Mariano Cúneo Libarona on Thursday turned in his resignation to President Javier Milei, effective Oct. 27, the day after Sunday's midterm elections, making him the second high-profile cabinet member to leave Casa Rosada in a week.

President Javier Milei has named current Secretary of Finance Pablo Quirno as Argentina's next Foreign Minister, replacing Gerardo Werthein, the Office of the President (OPRA) confirmed in a statement on Thursday. The appointment, effective Monday, October 27, follows Werthein's resignation the day prior.

US President Donald Trump replied to farmers from his country by defending his support for Argentina's Javier Milei through substantial financial aid. Argentina is “fighting for its life,” people are “dying,” and the South American nation needs help “to survive in a free world,” insisted the Republican leader.

Despite interventions from the United States Treasury, financial tensions continue to escalate in Argentina just over a week before the Oct. 26 midterms. The wholesale dollar recorded its biggest daily rise on Friday in almost six weeks, closing at AR$1,450, a 3.5% increase. It briefly reached an intraday high of AR$1,475, putting it just 2.5% below the floating band ceiling of AR$1,489.10.