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Milei Stages 15,000-Strong Rock Book Launch in Buenos Aires to Sell 'Miracle' Narrative

The spectacle seeks to recharge his base before the Oct. 26 midterms.

Overview

  • The Movistar Arena event mixed a rock show with a campaign-style discussion of his new book, La construction du miracle, which compiles speeches promoting his economic claims.
  • Milei framed the vote as a fight for governability, saying the opposition won a round but not the battle ahead of midterms that will renew parts of Congress.
  • Argentina’s headline inflation has fallen from above 200% year on year to roughly 33%, alongside deep austerity, job losses, weak purchasing power and lingering market doubts.
  • The U.S. Treasury signaled it is ready to do what is necessary to provide financial support as pressure on the peso and questions over central bank reserves persist.
  • Recent setbacks include a regional electoral defeat, parliamentary pushback against his vetoes and corruption probes touching close allies, while police broke up scuffles outside the event and detained at least two people.