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Free AccessBullrich To Support Libertarian Milei In Run-Off: La Nacion
Argentina's La Nacion reporting that Patricia Bullrich, who came third in the 22 October presidential election first-round, is set to announce her backing for libertarian candidate Javier Milei in the 19 November run-off against Peronist Economy Minister Sergio Massa. La Nacion reports that Bullrich met with Milei on the evening of 24 October to discuss a pact. She is also said to have met with former President Mauricio Macri, who heads the conservative Together for Change (JxC) alliance that Bullrich ran under.
- Bullrich's swift endorsement of Milei risks a split in JxC, with the more moderate UCR and Civic Coalition expecting to remain neutral in the run off, refusing to back either the Peronist Massa or non-mainstream Milei.
- Bullrich's support is likely to prove key for Milei's chances of winning the run-off. Garnering 30% of the vote himself, he will need almost all of the 23.8% won by Bullrich to gain a majority.
- Massa stands in the advantageous position of winning a plurality of the vote (36.7%), and is likely to be able to rely on voters from the fourth and fifth-placed candidates - Federal Peronist Juan Schiaretti and far-left Myriam Bregman - transferring their support to his campaign. Combined Schiaretti and Bregman won 9.5% of the vote.
- As such, all else being equal, Massa would only need a small proportion of the Bullrich vote to switch to him, or even remain at home and not vote, to win the run-off.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.