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Full coverage· Politics· Updated

Argentine President Milei Faces Steep Drop in Popularity Amid Economic Woes

Argentine President Javier Milei's approval rating has fallen to 36% positive, with 62% holding negative views, according to a new Bloomberg-commissioned poll. Unemployment has overtaken inflation as the top public concern, with 70% deeming the job market poor.

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What happened

  1. 01Argentine President Javier Milei's approval rating has dropped to 36% positive, with 62% negative.
  2. 02Unemployment has replaced inflation as the primary concern for Argentinians, a first in over a year.
  3. 03Around 70% of Argentinians view the current state of the labor market as poor.
  4. 04Argentine government bonds have been among the worst-performing emerging market assets recently.
  5. 05Prime Minister Benjamin Netanyahu reportedly directed support for Argentina in the Falklands dispute.
  6. 06Milei recently received an award for his strong pro-Israel stance and support for the Jewish people.

The economic downturn is also reflected in financial markets, as Argentine bonds have underperformed. Milei, a strong supporter of Israel, recently received an award for his pro-Israel stance.

Translated and summarized by baba from Kikar HaShabbat, the latest report. Read Kikar HaShabbat’s original

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