Sharjah24 – Reuters: Argentines head to the polls on Sunday for midterm elections that will establish the power balance in Congress, with the ruling Peronist party battling to avoid damaging losses that could erase its majority in the Senate held for almost 40 years.
The vote sees half the seats in the lower Chamber of Deputies up for grabs and a third in the Senate, with voters focused on rampant inflation running above 50% and high poverty levels arising from the COVID-19 pandemic.
The Peronist coalition of left-leaning President Alberto Fernandez faces a trial by fire as it looks to reverse a crushing defeat in a September primary ballot, that if repeated could hobble the ruling party in the next two years.
Most pollsters expect a damaging defeat after the government took a popularity hit from COVID-19 lockdowns, spiraling inflation and a currency that is hitting record lows against the U.S. dollar despite strict capital controls.