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Argentina holds breath as far-right Milei seizes narrow runoff advantage

Populist provocateur appears slight favorite over Peronist Sergio Massa as 35m Argentinians vote to choose new president

Argentina is teetering on the brink of an unpredictable new political era this weekend with an erratic far-right populist known as “El Loco” (the Madman) the slight favourite to become president of South America’s second-largest economy in Sunday’s election.

As polls opened on Sunday morning against a backdrop of soaring inflation and widespread poverty, analysts believed Javier Milei, a TV celebrity turned congressman, held a slender advantage over his rival, the finance minister, Sergio Massa, but said the result was too close to call.

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