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Argentina's Primary Vote Reflects Deep Political Divisions Amid Economic Turmoil

  • The primary election has become a battleground between the ruling Peronist coalition and the opposition amid 40% inflation and recession.
  • The opposition is fragmenting between establishment candidates like Larreta and hardliners like Bullrich, while Milei gains support.
  • Voter anger over the economy has boosted Milei and protest votes, leading to high absenteeism.
  • A strong opposition showing could impact markets and be welcomed by investors seeking a more business-friendly administration.
  • The election outcome will shape Argentina's future economic policies like currency controls, debt negotiations, and the agricultural sector.
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