On Sunday, Argentina will hold mid-term legislative elections that are crucial for President Javier Milei and his party La Libertad Avanza.
Milei is facing a potential decrease in support due to his poor performance and corruption allegations involving his party.
Recently, Milei has sought to appease tensions by increasing social spending.
The president has also enlisted the support of Donald Trump for a financial bailout.
Although his policies have reduced inflation, there are doubts about whether Milei's government can pay the sovereign debt given the stagnating Argentine economy.
If Milei's party does not fare well in the election, it will make it more difficult to pass future reforms.
The Peronist party Fuerza Patria constitutes a strong opposition.
Conclusion: The mid-term legislative elections in Argentina represent a plebiscite on Milei's performance, which has seen a drop in popularity. Milei's promise to refurbish Argentina's economy and image is fading in the face of the stark reality of the crisis and the daily deterioration.