Argentine far-right libertarian Milei sweeps to victory

Argentine president-elect Javier Milei's supporters celebrate after Milei wins the runoff presidential election, in Buenos Aires, Argentina November 19, 2023. REUTERS/Mariana Nedelcu

LONDON (Reuters) - Right-wing libertarian Javier Milei has won Argentina's presidential election, putting an outsider with radical views in charge to fix South America's No. 2 economy battered by triple-digit inflation, a looming recession and rising poverty.

Argentina's markets are closed on Monday for a local holiday, but some overseas-listed sovereign bonds and equities will trade, mainly in Europe and the United States.