IBOV 184,656.60 ▲ 2.75% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,838.57 ▲ 0.50% MERVAL 3,057,915 ▲ 0.28% COLCAP 2,483.01 ▲ 0.52% BVL PERÚ 59,515.48 ▲ 0.86% USD/BRL5.11▼ 0.98% USD/MXN16.98▼ 0.12% USD/CLP938.07▲ 0.08% USD/COP3,152▼ 1.75% USD/PEN3.36▼ 0.11% USD/ARS1,511▼ 0.15% USD/UYU40.24▲ 1.21% USD/PYG5,885▲ 1.38% USD/BOB12.20▲ 4.46% USD/DOP58.55▲ 0.49% USD/CRC445.58▲ 1.89% USD/GTQ7.63▲ 2.07% USD/HNL26.83▲ 1.45% USD/NIO36.62▲ 0.20% USD/VES799.17▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.66▲ 0.93% EUR/BRL5.91▼ 1.64% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 184,656.60 ▲ 2.75% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,838.57 ▲ 0.50% MERVAL 3,057,915 ▲ 0.28% COLCAP 2,483.01 ▲ 0.52% BVL PERÚ 59,515.48 ▲ 0.86% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Latin America Argentina

Argentina’s Milei Faces Rising Discontent, Echoing Regional Crisis of Trust

By · September 17, 2025 · 2 min read

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Argentina’s President Javier Milei is losing support at a critical moment. A September survey by AtlasIntel shows 53.7 percent of Argentines now disapprove of him, the highest since he took office, while approval has dropped to 42.4 percent.

His party, La Libertad Avanza, still leads the Peronist opposition in October’s midterms, but its advantage is now only half what it was in July. The decline comes after a corruption scandal involving Milei’s sister and top aide, Karina Milei.

Prosecutors are investigating leaked audio, raids, and alleged bribes tied to state medical contracts. Reports suggest the scheme could have generated hundreds of thousands of dollars per month.

The Milei family denies wrongdoing and calls the case a smear, yet nearly six in ten Argentines think Karina should resign. The scandal has compounded political setbacks.

On September 7, Milei’s party suffered a major defeat in Buenos Aires Province, Argentina’s largest electoral district. The Peronist bloc, regrouped as Fuerza Patria, has been energized.

Argentina’s Milei Faces Rising Discontent, Echoing Regional Crisis of Trust
Argentina’s Milei Faces Rising Discontent, Echoing Regional Crisis of Trust. (Photo Internet reproduction)
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Governor Axel Kicillof has risen in popularity, surpassing Cristina Kirchner as the leading opposition figure. Beyond scandal, public frustration is rooted in economic hardship.

Construction and manufacturing have contracted for months, inflation remains high, and jobs are scarce. More than half of Argentines say the economy is in bad shape and expect it to worsen in the next six months.

Milei’s rise was fueled by promises of radical change and a clean break from political privilege. Allegations against his sister, viewed as his closest gatekeeper, therefore strike at the heart of his credibility.

Approval and disapproval over recent months

July 25-28, 2025: 46 percent approve, 52 percent disapprove

August 20-25, 2025: 44 percent approve, 51.1 percent disapprove

September 10-14, 2025: 42.4 percent approve, 53.7 percent disapprove

Regional comparison

Milei’s 53.7 percent disapproval is high, but not unprecedented in Latin America. Brazil’s President Lula recently reached 56 percent disapproval, while Chile’s Gabriel Boric has seen levels near 65 percent during crises.

Peru’s Dina Boluarte fell to extreme lows with approval at only 3–10 percent. By contrast, Mexico’s Claudia Sheinbaum remains strongly popular with approval above 70 percent.

Milei’s numbers place him in the higher range regionally, but the steady rise, combined with scandal and recession, makes his position especially fragile.

The October 26 midterms will decide if Milei can expand his presence in Congress to push through market reforms or if a strengthened Peronist bloc can block him.

Argentina’s political balance is closely watched by investors, as the country’s debt, stability, and role as a major grain exporter depend on the government’s capacity to govern effectively.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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