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      En Argentina, Javier Milei asciende y el peso se hunde

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      Javier Milei se ha convertido en el favorito en las elecciones argentinas de este mes al prometer dolarizar la economía. En respuesta, el peso argentino se desploma.Javier Milei sigue siendo solamente un candidato a la presidencia de Argentina. Pero ya está provocando él solo un choque financiero en una de las mayores economías de América Latina.El valor de la moneda argentina está cayendo en picada por las críticas de Milei, un libertario de extrema derecha que se ha convertido en el principal candidato presidencial al prometer sustituir el peso argentino por el dólar estadounidense.El lunes, Milei prosiguió sus ataques contra el peso al desaconsejar a los argentinos que realicen inversiones en esta moneda. “El peso es la moneda que emite el político argentino y por ende no puede valer ni excremento”, dijo en un conocido programa de radio. “Esa basura no sirve ni para abono”.Solo el lunes, la tasa de cambio no oficial del peso, que refleja la valoración de la moneda por parte del mercado e impulsa los precios en Argentina, cayó el 7 por ciento, y luego otro 10 por ciento el martes por la tarde.A esa tasa de cambio no oficial, el martes por la tarde, con un dólar se compraban 1035 pesos, la primera vez que el peso rebasó la barrera de los 1000 pesos frente al dólar. Antes de que Milei ganara las elecciones primarias el 14 de agosto, con un dólar se compraban 660 pesos. En abril de 2020, al comienzo de la pandemia, la cifra era de 80 pesos.La escalada de la crisis llevó al Banco Central de la República Argentina, que Milei ha prometido cerrar, a emitir una declaración extraordinaria el lunes por la tarde: “Argentina mantiene un sistema financiero líquido y solvente” y añadió que respalda los depósitos bancarios argentinos.El martes, las principales asociaciones bancarias del país instaron a los candidatos a “mostrar responsabilidad en sus campañas y declaraciones públicas”.Milei, un economista excéntrico que quiere poner de cabeza el gobierno y el sistema financiero del país, es el favorito en las elecciones presidenciales argentinas del 22 de octubre, aunque las encuestas dan a entender que la contienda podría llegar a una segunda vuelta en noviembre.Su ascenso ha dominado la conversación a nivel nacional y ha acelerado la caída del peso.La mañana después de que Milei sorprendiera al país al quedar primero en las primarias presidenciales de agosto, las presiones del mercado obligaron al gobierno a devaluar el peso un 20 por ciento.Simpatizantes de Milei durante un mitin de campaña el mes pasado en San Martín, ArgentinaLuis Robayo/Agence France-Presse — Getty ImagesLos comentarios de Milei están generando “una disparada en la inflación o un eventual problema bancario, que es lo que él está alentando”, dijo Marina Dal Poggetto, economista argentina y exanalista del Banco Central de su país. “Lo que estás viendo es un inicio de una corrida que puede frenar o no. Hay que ver lo que pasa el 22 de octubre. Todavía Milei no ganó”.Milei ha aceptado comparaciones con Donald Trump y Jair Bolsonaro, expresidente de extrema derecha de Brasil, y ha sido noticia por negar el papel del ser humano en el cambio climático, criticar duramente al papa y por sus promesas de prohibir el aborto y legalizar la venta de órganos humanos.Pero la pieza central de su campaña han sido sus lecciones, a veces con tono catedrático, sobre política económica, diseñadas para persuadir a los votantes de que él es el único que puede arreglar la galopante inflación de Argentina.El país se encuentra inmerso en una de sus peores crisis financieras en décadas, con una inflación anual que supera ya el 120 por ciento y precios que cambian a la semana, o incluso más rápido, en muchas tiendas y restaurantes.Con los precios tan altos, los argentinos deben viajar con fajos grandes de billetes, que cada día valen menos. El gobierno argentino emitió este año un billete de 2000 pesos, pero ya vale menos de 2 dólares.Para comprar artículos costosos, como propiedades o automóviles, los argentinos pagan con billetes de 100 dólares estadounidenses. Para conseguir esos billetes, a menudo tienen que comprarlos a cambistas ilegales que ofrecen dólares en el centro de Buenos Aires como si fueran narcotraficantes, porque el gobierno federal, escaso de dólares, ha impuesto límites estrictos a la cantidad de la divisa que la gente puede comprar a la semana.Sergio Massa, ministro de Economía argentino y principal oponente de Milei, lo acusó el lunes de intentar deliberadamente desestabilizar la moneda argentina para causar estragos antes de la votación. “Por un voto más, está timbeando el ahorro de la gente”, dijo Massa, un político de centro-izquierda del partido que ha dirigido el país durante 16 de los últimos 20 años.El martes, Patricia Bullrich, candidata presidencial de centroderecha, culpó tanto a Milei como al gobierno actual en una entrevista durante una visita de campaña. Afirmó que el gobierno estaba tratando de bajar los impuestos sin recortar el gasto, mientras que Milei estaba empeorando la situación.El martes, Milei respondió a las críticas de que sus comentarios estaban agravando la crisis económica con un video que publicó en línea con una recopilación de sus intervenciones en las que compara el peso con excremento a lo largo de años de apariciones televisivas. “Es vergonzonzo el espectáculo que están dando los políticos tratando de obtener rédito político del descalabro económico inventando responsabilidades”, dijo. “Si quieren encontrar a los responsables mírense en el espejo, sinvergüenzas”.En un acto con empresarios celebrado la semana pasada, Milei afirmó que cuanto menor fuera el valor del peso, más fácil sería dolarizar Argentina.Si es elegido presidente, es probable que Milei enfrente grandes dificultades para llevar a cabo sus propuestas. Milei ha dicho que probablemente necesitará una inyección de 40.000 millones de dólares para cambiar la moneda oficial de Argentina, aunque no está claro que pueda conseguir tanto dinero. Argentina ya tiene dificultades para pagar su deuda de 44.000 millones de dólares con el Fondo Monetario Internacional.Sergio Massa, ministro de Economía de Argentina y principal oponente de Milei, lo ha acusado de intentar desestabilizar deliberadamente la moneda argentinaAgustin Marcarian/ReutersMilei también ha dicho que el Congreso argentino tendría que aprobar muchas de sus propuestas, que incluyen profundos recortes del gasto público, la eliminación de muchos impuestos y la privatización de todas las empresas estatales del país.Es probable que su incipiente partido político, La Libertad Avanza, controle una pequeña parte de los escaños del Congreso, lo que lo obligaría a forjar alianzas con otros partidos a los que ha calificado de criminales.Argentina lleva décadas lidiando con una inflación alta, y tuvo un episodio de hiperinflación en la década de 1980, cuando los clientes se apresuraban a comprar artículos antes de que los dependientes que llevaban etiquetadoras de precios pudieran hacer otra ronda de aumentos. Pero la escalada de precios, impulsada por una moneda débil, ha vuelto en los dos últimos años.Algunos de los problemas de Argentina se deben a factores económicos mundiales, como la pandemia y la guerra en Ucrania, pero en gran parte, según los economistas, se deben a que el gobierno ha gastado más de la cuenta para pagar universidades, salud, energía y transporte público gratuitos o muy subvencionados. Para financiar todo eso, Argentina ha impreso a menudo más pesos.El resultado ha sido una creciente falta de confianza en la moneda, que ha obligado al gobierno a crear más de una decena de tasas de cambio distintas para el peso, porque su propia tasa de cambio oficial ya no refleja la valoración del mercado.Las nuevas tasas incluyen una para los turistas, otra para los exportadores de soja y otra para los argentinos que viajaban a Catar para ver a su selección nacional de fútbol ganar el Mundial de 2022. El llamado Dólar Blue es la tasa paralela más importante —fijada por un pequeño grupo de empresas financieras y que aparece en vivo en los noticieros de televisión— y es la forma en que la mayoría de los argentinos transfiere sus pesos a dólares en el mercado clandestino.El martes, buscando apaciguar algunos temores del mercado, el gobierno consolidó varias de esas tasas en una nueva que al menos un contador denominó Dólar Elecciones.Natalie Alcoba More

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      In Argentina, a Far-Right Candidate Rises and the Peso Plunges

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      Javier Milei has become the favorite in Argentina’s election this month by pledging to dollarize the economy. In response, the Argentine peso is crashing.Javier Milei is still just a candidate to be president of Argentina. But he is already single-handedly delivering one of Latin America’s biggest economies a financial shock.The value of Argentina’s currency is plummeting under criticism by Mr. Milei, a hard-right libertarian who has become the leading presidential candidate by promising to replace the Argentine peso with the U.S. dollar.On Monday, Mr. Milei continued his attacks on the peso by discouraging Argentines from holding any investments in the currency. “The peso is the currency issued by the Argentine politician and therefore is worth less than excrement,” he said on a popular radio show. “That trash is not even good as manure.”The peso’s unofficial rate, which reflects the market’s valuation of the currency and drives prices in Argentina, fell nearly 7 percent on Monday alone, reducing its value by about 15 percent over a week.At that unofficial rate, $1 bought 945 pesos as of Tuesday morning. Before Mr. Milei won a primary election on Aug. 14, $1 bought 660 pesos. In April 2020, at the start of the pandemic, the figure was 80 pesos.The escalating crisis prompted Argentina’s Central Bank, which Mr. Milei has promised to shutter, to issue an extraordinary statement on Monday afternoon that “Argentina maintains a liquid and solvent financial system” and that it backs Argentine bank deposits.Mr. Milei, an eccentric economist who wants to upend the country’s government and financial system, is the front-runner in Argentina’s presidential election on Oct. 22, though the race, polls suggest, could still go to a November runoff.His ascent has dominated the national conversation and accelerated the peso’s decline.The morning after Mr. Milei surprised the nation by finishing first in presidential primaries in August, market pressures forced the government to devalue the peso by 20 percent.Supporters of Mr. Milei during a campaign rally last month in San Martín, Argentina.Luis Robayo/Agence France-Presse — Getty ImagesMr. Milei’s comments are causing “a spike in inflation or an eventual banking problem, which is what he is encouraging,” said Marina Dal Poggetto, an Argentine economist and former analyst at Argentina’s Central Bank. “What you are seeing is the beginning of a run that may or may not stop. We have to see what happens on October 22. Milei still hasn’t won.”Mr. Milei has embraced comparisons to Donald J. Trump and Jair Bolsonaro, Brazil’s former far-right president, and has made headlines for his denials of the role of humans in climate change, his harsh criticisms of the pope and his aims to ban abortion and legalize sales of human organs.But the centerpiece of his campaign has been his sometimes professorial lectures on economic policy designed to persuade voters that he alone can fix Argentina’s soaring inflation.The country is in the midst of one of its worst financial crises in decades, with annual inflation now topping 120 percent and prices at many stores and restaurants changing weekly, if not faster.Sergio Massa, Argentina’s finance minister and Mr. Milei’s principal opponent, accused Mr. Milei on Monday of deliberately trying to destabilize Argentina’s currency to wreak havoc ahead of the vote. “In order to gain one more vote, he is gouging people’s savings,” said Mr. Massa, a center-left politician from the party that has led the country for 16 of the past 20 years.At an event with business leaders last week, Mr. Milei said that the lower the value of the peso, the easier it would be to dollarize Argentina.If elected president, Mr. Milei is likely to face major challenges in accomplishing his proposals. Mr. Milei has said that he will likely need a $40 billion infusion of dollars to switch Argentina’s official currency, though it is unclear he would get that much money. Argentina is already struggling to pay its $44 billion debt to the International Monetary Fund.Sergio Massa, Argentina’s finance minister and Mr. Milei’s principal opponent, has accused Mr. Milei of deliberately trying to destabilize Argentina’s currency.Agustin Marcarian/ReutersMr. Milei has also said that Argentina’s Congress would have to approve many of his proposals, which include deep cuts to government spending, the elimination of many taxes and privatizing all of the nation’s state companies.His nascent Liberty Advances political party would likely control a small share of the seats in Congress, forcing him to forge alliances with other parties that he has labeled criminal.Argentina has struggled with high inflation for decades, including a bout of hyperinflation in the 1980s when customers were rushing to buy items before clerks wielding price guns could make another round of increases. But spiking prices, driven by the weak currency, have roared back over the past two years.Some of Argentina’s problems have been driven by global economic factors, like the pandemic and the Ukraine war, but much of it, economists say, is because the government has overspent to pay for free or deeply subsidized universities, health care, energy and public transportation. To finance all that, Argentina has often printed more pesos.The result has been an increasing lack of confidence in the currency, which has forced the government to create more than a dozen separate exchange rates for the peso, because its own official rate no longer reflects the market’s valuation.The new rates include one for tourists, one for soybean exporters and one for Argentines who were traveling to Qatar to watch their national football team win the 2022 World Cup. The so-called Blue Dollar is the most important parallel rate — set by a small group of financial companies and listed live on television news programs — and is how most Argentines transfer their pesos to dollars on the underground market.On Tuesday, seeking to assuage some market fears, the government consolidated several of those rates into a new rate that at least one accountant called the Election Dollar.Natalie Alcoba More

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      In Argentina, the U.S. Dollar Could Soon Become King

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      Americans complain that inflation has eroded the value of their money, but the U.S. dollar looks lovely to the people of Argentina, where consumer prices rose 124 percent in August from a year earlier. The threat of hyperinflation has become a central issue in the presidential election on Oct. 22, which The Times has described as “a new test of the strength of the far right around the world.” The leading candidate in the race, which could go to a November runoff, is a radical libertarian who promises to bring rising prices under control by getting rid of the peso and fully dollarizing the Argentine economy.Buena idea, o mala?I’ll get to the pros and cons of dollarization in a minute, but first a few words on why Argentines would even consider such a drastic step. Argentina is blessed with abundant natural resources. Early in the 20th century, it was richer than Germany or France. “Until the 1930s, the French used the phrase ‘riche comme un Argentin’ to describe the foolishly rich,” the economists Edward L. Glaeser, Rafael Di Tella and Lucas Llach wrote in the Latin American Economic Review in 2018.But Argentina’s economy has been stunted by disastrous economic policies and chronic political instability. There were periods of military rule, hyperinflation, defaults on external debt, protectionism and under-industrialization. Argentina has been a democracy since 1983 but successive governments, whether left- or right-leaning, haven’t managed to match neighbors such as Chile, Uruguay and Brazil in bringing down inflation and stabilizing finances.That record of failure is written on the currency. Since 1970, Argentina has burned through several currencies: the peso ley, the peso argentino, the austral and now the peso convertible. Today there is no single exchange rate with the dollar that all residents can use. As colorfully explained recently in The Buenos Aires Herald, there is the official, or “wholesale,” exchange rate, for international trade; the savers’ exchange rate, which is supposedly for savers but is not widely accessible; and the “blue” dollar, which is essentially the black-market rate. Foreign tourists can buy pesos at yet another rate, the M.E.P., short for Mercado Electrónico de Pagos. There are even temporary exchange rates, such as the Vaca Muerta rate, which is named after where it was announced last month (not because it’s for buying or selling dead cows).Javier Milei, who leads the polls in the presidential race, wants to chuck the whole rickety system, abolish the central bank and adopt the U.S. dollar, as three smaller Latin American countries — Ecuador, El Salvador and Panama — have already done.Milei, it’s important to say, has extreme and I would argue insupportable stands on a number of issues. He wants to drastically cut taxes and spending, as The Times wrote, “including by charging people to use the public health care system; closing or privatizing all state-owned enterprises; and eliminating the health, education and environment ministries.” He is an economist and a member of the legislature who has large dogs named Milton Friedman, Robert Lucas and Murray Rothbard.But let’s separate the message from the messenger and look at the dollarization proposal on its merits. The biggest plus is that it would most likely get rid of Argentina’s high inflation overnight. The money available for spending inside Argentina would be only the dollars that the country already has in reserves or manages to acquire by, say, running trade surpluses with the United States or borrowing. The general price level can’t rise if there is no increase in the supply of dollars, unless the velocity of circulation increases. As Milton Friedman (the economist, not the dog) once said, “inflation is always and everywhere a monetary phenomenon.”Dollarizing the economy is like locking oneself in handcuffs and then throwing away the key. It’s an act of desperation when nothing else works.And like most acts of desperation, dollarization has big drawbacks. By switching to dollars, Argentina would effectively adopt the monetary policy of the United States, thus losing the ability to raise or lower interest rates to suit local conditions. It would lose the profit known as seigniorage that comes from printing money. And dollarization wouldn’t solve the structural problems that have caused high inflation, such as government overspending, as Guillermo Ortiz, a former governor of Mexico’s central bank, told reporters in September.This week I interviewed Iván Werning, an economist at the Massachusetts Institute of Technology who grew up in Argentina and earned his bachelor’s and master’s degrees there before getting a doctorate at the University of Chicago. With two graduate students who are fellow Argentines, he has written two recent papers about dollarization, which he calls a “dangerous delusion,” and has wrestled with opponents on X, formerly Twitter.Werning isn’t persuaded that dollarization really would tie the government’s hands. In an email to me, he pointed out that Argentina tried once before to link to the dollar, through currency board “convertibility,” but abandoned the program in 2002. “Argentina could reissue the peso in short order, in a manner similar to how its provinces have issued government pesos in the past to pay for bills,” he wrote. Ecuador, he said, has found “creative accounting ways” to loosen the constraint of its dollarization, such as having the central bank finance the treasury.The Argentine government doesn’t have enough dollars to replace all of its pesos at current exchange rates, even at the unofficial “blue” rate, Werning told me by phone. There are rich people with lots of dollars squirreled away abroad, but that doesn’t help the ordinary Argentine, he said. So in his view, if the conversion were done today, there could be an extreme shortage of money in the economy, which would most likely cause a deep recession because prices and wages would not adjust smoothly to the dollar scarcity. Postponing the conversion could make matters worse, by triggering an anticipatory burst of inflation, he added.The problem could be solved if Argentina were able to raise more dollars, but in that case it probably wouldn’t need to dollarize in the first place, he said.Understandably frustrated by years of dysfunction, the Argentine people are looking for a quick fix for inflation, Werning told me. But the quick fix would have bad consequences in the long term, he said. He prefers more conventional solutions such as bringing government budgets closer into balance. On that score, he is slightly hopeful.“Today there’s a lot more consensus” about the need to reduce spending, Werning said. The message is coming not just from Milei, the extreme libertarian, but also from Patricia Bullrich, a center-right candidate who served in the cabinet of Mauricio Macri. Even Sergio Massa, a candidate who is the economy minister in the current, center-left government of Albert Fernandez, has talked about cutting spending, although “his actions do not match his words,” Werning said. Whether any of the candidates would be as resolute in office, when anti-austerity protests begin, is another question. But Werning said, “If ever there was a chance” for righting Argentina’s finances, “it might be now.”The Readers WriteDonald Trump and his lawyers persist in re-arguing points and generally annoying the judge because they hope to elicit an intemperate response that could be read as bias. I am a trial lawyer, and I have seen this happen. Because this is a bench trial, a mistrial would take a real circus breaking out. But they may be able to argue on appeal that Trump was denied a fair trial.James M. MillerSarasota, Fla.Your opinion on the “fix” for our budget problem is spot on, but lawmakers’ concern about job security exceeds their willingness to do the best job for the country. And so we languish with incidental actions that appear helpful but don’t make the real change we need.Kathy CrosbyGrand Rapids, Mich.Quote of the Day“America is ungovernable; those who have served the revolution have plowed the sea.”— Simón Bolívar, South American revolutionary leader, in 1830, as quoted by Sheldon Liss and Peggy Liss in “Man, State, and Society in Latin American History” (1972) More

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      Javier Milei ganó en las primarias de Argentina

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      El candidato de La Libertad Avanza busca abolir el banco central y adoptar el dólar estadounidense como moneda del país. Recibió el 30 por ciento de los votos.Un candidato libertario de ultraderecha ganó las elecciones presidenciales primarias del domingo, lo que representa un apoyo sorprendente a un político que quiere adoptar el dólar estadounidense como la moneda oficial de Argentina y acepta las comparaciones con Donald Trump.El congresista, economista y excomentarista televisivo Javier Milei, de 52 años, logró el 30 por ciento de los votos al haberse escrutado el 96 por ciento de las boletas, lo que lo puso a la cabeza en la contienda por la presidencia en las elecciones generales del otoño.Los sondeos habían sugerido que el apoyo de Milei rondaba el 20 por ciento, y los analistas políticos anticipaban que sus propuestas radicales de política —entre ellas abolir el banco central— evitarían que atrajera a muchos más votantes.Pero las votaciones del domingo dejaron claro que Milei ahora tiene una clara oportunidad para gobernar Argentina, un país sudamericano de 46 millones de habitantes y algunas de las mayores reservas mundiales de petróleo, gas y litio.“Este resultado va a ser sorpresivo para él también”, dijo Pablo Touzon, consultor político argentino. “Hasta ahora fue un fenómeno de protesta”.Las elecciones generales de Argentina, que se llevarán a cabo en octubre y podrían ir a una segunda vuelta en noviembre, pondrán a prueba la fuerza de la extrema derecha en el mundo. En varios países poderosos, como Estados Unidos, Alemania, Francia, Italia, Suecia y Finlandia, la derecha dura ha ganado influencia en años recientes, aunque también ha sufrido derrotas, como las de España y Brasil.Milei se ha presentado como el cambio radical que se requiere debido al colapso de la economía argentina y, de ser elegido, podría impactar al sistema. Además de sus ideas sobre la divisa y el banco central, ha propuesto reducir drásticamente los impuestos y recortar el gasto público, incluso al cobrar a la gente por el uso del sistema de salud público. También ha hablado de cerrar o privatizar las empresas estatales, así como de eliminar los ministerios de Salud, Educación y Medio Ambiente.Milei votando en Buenos Aires el domingo. “Este resultado va a ser sorpresivo para él también”, dijo un consultor político. Enrique Garcia Medina/EPA, vía ShutterstockSergio Massa, el ministro de Economía de tendencia de centroizquierda, llegó segundo en las primarias al obtener el 21 por ciento del voto. Patricia Bullrich, conservadora y exministra de Seguridad, quedó en tercer lugar con 17 por ciento.Las elecciones generales se llevarán a cabo el 22 de octubre, pero parece probable que la contienda se decida el 19 de noviembre, en una segunda vuelta. Las tres coaliciones de Argentina tienen niveles similares de apoyo, a juzgar por los resultados del domingo, lo cual significa que es muy poco probable que cualquiera de los candidatos logre más del 50 por ciento necesario para ganar en la primera vuelta.Ambas coaliciones quedaron ligeramente por detrás del total logrado por Milei: los candidatos de la coalición de centroderecha recibieron el domingo entre todos el 28 por ciento del voto, mientras que la coalición de centroizquierda consiguió el 27 por ciento.El partido gobernante de centroizquierda ha tenido el poder en Argentina 16 de los últimos 20 años y en gran medida ha estado controlado por la expresidenta Cristina Fernández de Kirchner.“Hemos logrado construir esta alternativa competitiva que no solo dará fin al kirchnerismo, sino que además dará fin a la casta política parasitaria chorra e inútil que hunde este país”, dijo Milei a sus seguidores en un discurso la noche del domingo. Luego agradeció a su directora de campaña, su hermana, y a sus cinco perros mastines, bautizados con nombres de economistas conservadores.Argentina, que ha soportado crisis económicas durante décadas, se encuentra en una de las peores situaciones. El peso argentino se ha desplomado, la inflación anual ha superado el 115 porciento, casi el 40 por ciento de la población vive en pobreza y el país tiene dificultades para pagar la deuda de 44.000 millones con el Fondo Monetario Internacional.Milei ha dicho que sus políticas económicas estarían conformadas por un paquete de austeridad que va más allá incluso de lo que el FMI le solicita a Argentina.También podría tener un efecto profundo en otros rubros de la sociedad argentina. Él y su compañera de fórmula, una abogada que ha defendido la dictadura militar del pasado, han insinuado que relajarían las leyes de tenencia de armas, revertirían las políticas que permiten el aborto e incluso permitirían la venta de órganos humanos, un ejemplo de comercio que según Milei no le compete al gobierno.Sun embargo, implementar dichos cambios serían un desafío mayúsculo. Los resultados del domingo sugieren que si Milei fuera electo, contarían con apoyo limitado en el Congreso. Su partido, La Libertad Avanza, indicó que controlaría solo ocho de los 72 escaños en el Senado y 35 de los 257 de la Cámara de Diputados, según los resultados obtenidos por sus otros candidatos.Simpatizantes de Milei el domingo en Buenos Aires. Su condición de recién llegado a la política y sus propuestas económicas radicales atrajeron a más votantes de lo que esperaban los analistas.Mario De Fina/Associated PressTouzon comentó que Milei tendría menos apoyo institucional que los candidatos de extrema derecha que arrasaron en su camino al poder en años recientes, entre ellos Trump y el expresidente Jair Bolsonaro de Brasil. “Bolsonaro se apoyaba en el ejército. Trump tenía el Partido Republicano. Milei no tiene nada”, dijo.Añadió que el plan económico de Milei, si bien es radical, no es detallado y se ha ido cambiando con frecuencia. “Su plan de dolarización fue cambiado 50 veces”, dijo Touzon. “Pero hoy no tiene un equipo para gobernar la Argentina”.Y, sin embargo, Milei ha probado ser un hábil político de la era de internet, con un ceño fruncido insigne y una melena despeinada que le han dado una imagen desbordada y un blanco fácil de memes en internet, muy parecido a Trump y Bolsonaro.En un video público difundido previo a la votación, Bolsonaro apoyaba a Milei y decía que eran espíritus políticos afines. “Tenemos muchas cosas en común”, decía y mencionaba lo que calificó como su apoyo por la propiedad privada, la libertad de expresión, el libre mercado y el derecho a la autodefensa.Los argentinos que votaron por Milei el domingo, de manera similar a los seguidores de Trump y Bolsonaro, dijeron que les gustaba porque era un recién llegado a la política que pondría de cabeza un sistema defectuoso y diría las cosas como son.“Por fin despertó el pueblo argentino”, dijo Rebeca Di Iorio, 44, trabajadora administrativa que celebraba en el festejo callejero de Milei en Buenos Aires. “Argentina necesita eso, necesita un cambio”.Santiago Manoukian, jefe de investigación de Ecolatina, una consultora económica argentina, dijo que de los distintos escenarios que los analistas previeron para las primarias, la victoria de Milei era el menos esperado.Ahora tendría que repensar sus pronósticos, dijo Manoukian, dado que Milei tiene una clara oportunidad de llegar a segunda vuelta, lo cual podría ser una moneda al aire.“Milei no era un candidato competitivo para un balotaje”, comentó Manoukian. “Ahora estaría ocurriendo algo muy distinto”.Jack Nicas es el jefe de la corresponsalía en Brasil, que abarca Brasil, Argentina, Chile, Paraguay y Uruguay. Anteriormente reportó de tecnología desde San Francisco y, antes de integrarse al Times en 2018, trabajó siete años en The Wall Street Journal. @jacknicas • Facebook More

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      n South Florida, Voters Ponder Trump

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      The complicated feelings among some residents about Mr. Trump and the case against him reflect the complicated politics of the state. As a registered voter in Palm Beach County, Fla., Bette Anne Starkey knows there is a possibility she could be chosen to serve on a jury in the federal criminal case against former President Donald J. Trump. But even though she is a two-time Trump voter, she cannot really say how she would lean as a juror weighing the case.Echoing Mr. Trump himself, Ms. Starkey, an 81-year-old bookkeeper, used the phrase “witch hunt” in an interview to describe the federal indictment against the former president, which accuses him of knowingly removing classified documents from the White House. But she also struggles to understand why Mr. Trump did not simply return the documents when asked for them, part of her simmering irritation with the 45th president.“I’m sick of hearing about all of his shenanigans,” she said.Her comments reflect the complicated feelings that Mr. Trump can elicit these days even among Republicans who voted for him. But Ms. Starkey is also a reflection of the equally complicated, volatile politics of South Florida, Mr. Trump’s home turf, and the jury pool it offers.It is in diverse, densely populated South Florida that a jury of Mr. Trump’s peers will be called upon to judge his innocence or guilt if the case ever goes to trial, although the exact trial location and jury pool have not been determined.Supporters of the former president gathered near Mar-a-Lago in Palm Beach, Fla., on Sunday.Saul Martinez for The New York TimesThe case was filed in the West Palm Beach court division of the Southern District of Florida, meaning the jury may be selected from registered voters in Palm Beach County, home to Mr. Trump’s Mar-a-Lago resort, where he has lived since leaving the White House. Mr. Trump lost Palm Beach County to President Biden by nearly 13 percentage points in 2020.But a jury pool made up of Miami-Dade County voters, to the south of Palm Beach, is also a possibility, particularly if it is determined that the federal courthouse in Miami, where Mr. Trump is expected to make an initial appearance on Tuesday, is best equipped to accommodate what will likely be one of the highest-profile criminal trials in American history.Mr. Trump lost Miami-Dade by only about seven points in the last election, getting strong support from Hispanic voters in particular; more than two-thirds of the county’s residents identify as Hispanic, according to census data.Both counties, however, have grown more Republican in recent years, and Republican candidates have had significant success in statewide races. Mr. Trump won Florida in both 2016 and 2020, and the state has twice elected Gov. Ron DeSantis, currently Mr. Trump’s main rival for the Republican presidential nomination.All of this should offer some comfort to members of Mr. Trump’s defense team, who know it takes only one vote to result in a hung jury. And many South Floridians, like Americans elsewhere in the country, believe that Mr. Trump is a victim of unfair treatment by powerful forces on the political left.George Cadman, 54, is a real estate agent and father of two who said he has not been following the news closely over the last few months. He said he had not heard about the federal charges against Mr. Trump — making him, in some sense, a good candidate for jury service.The case was filed in the West Palm Beach division of the Southern District of Florida, meaning the jury may be selected from registered voters in Palm Beach County, home to Mr. Trump’s Mar-a-Lago resort.Saul Martinez for The New York TimesBut Mr. Cadman, who lives in southern Miami-Dade County, also said he supports Trump “100 percent” and that he believes previous investigations of Mr. Trump were politically motivated. Adding that he believes Russia’s 2016 election interference and the scandal about Mr. Trump and Ukraine were hoaxes, he said, “I would be very leery on making a decision on what I think about it,” he said, referring to the new case against Mr. Trump.(In a subsequent phone call, Mr. Cadman said that as much as he loved Mr. Trump, he planned to vote for President Biden in 2024, because rising property values had been good for his job as a real estate agent.)Many of South Florida’s Cuban Americans learned the hard way, during and after the Cuban Revolution, about the impact of politics on even apolitical lives. And for some of the conservatives among them, like Modesto Estrada, a retired businessman who arrived in Miami 18 years ago, Mr. Trump is worth supporting as a powerful brake on Democrats and liberal policies that Mr. Estrada said were “ruining the country” by discouraging people from working.Mr. Estrada, 71, noted that Mr. Biden and former Vice President Mike Pence had also been found to have sensitive government documents in their possession. Like many people interviewed, he said he would have a hard time being an impartial juror in the case.“From my personal perspective, up till now, they don’t have anything on him,” he said of Mr. Trump. “And nothing’s going to happen to him. He’s not going to jail. The case is going to fall apart and that’s what I’m hoping.”Just as Mr. Estrada said his experience with a left-wing dictatorship has colored his hope that Mr. Trump is found not guilty, Viviana Dominguez, 63, referred to her own experience in her native Argentina, which was ruled by a right-wing military dictatorship from 1976 to 1983, as she expressed her dislike of Mr. Trump.Modesto Estrada supports Mr. Trump. “The case is going to fall apart and that’s what I’m hoping,” he said about the charges.Saul Martinez for The New York TimesMs. Dominguez, an art conservator who has lived in Miami for 13 years, called Mr. Trump an “embarrassment,” adding, “I think he’s going to go to jail, but I don’t know if that’s wishful thinking.”She described the documents case, and Mr. Trump’s still-considerable base of support, in terms of an unsettling loosening of civic standards. “We saw all that in my own country, when the lies kept getting bigger and bigger,” she said. “The margin of tolerance kept getting wider and wider, so that you never saw the limit. They would talk of morality and of the family, but they would be the most corrupt, the most obscene people anywhere. It’s like a state of madness.”Roderick Clelland, a 78-year-old Vietnam veteran from West Palm Beach, the most populous city in Palm Beach County, said he was worried about the international implications of what he saw as Mr. Trump’s lax attitude toward sensitive national secrets.“The whole world is watching us.” Mr. Clelland said. “And some of those documents about other countries — are they going to trust us? People have been locked up for less than that. So you can’t just violate the law and get away with it. So I hope there is a penalty.”Mr. Clelland was careful to note that he did not hate Mr. Trump. “But I don’t like his behavior and his attitude,” he said.Despite voting for Mr. Trump twice, Ms. Starkey, the bookkeeper, said she has never been a big fan. But in both 2016 and 2020, she could not bring herself to support the more liberal candidate. These days, she is thinking about voting for Nikki Haley, the former United Nations ambassador and Republican governor of South Carolina.Still, Ms. Starkey said the indictment of Mr. Trump seemed like a partisan move at a time when American politics is lacking much of the comity between the two parties that she remembers fondly from the past. It was one reason, she said, that she would have a hard time if she were picked for an eventual jury in the case: “Do you trust that you’re getting all the facts for and against?” she wondered.She said she was exasperated with the drama surrounding the indictment — and knew there were many others like her.“I just want it to go away,” she said.@Verónica Soledad Zaragovia contributed reporting from Palm Beach County, Fla. More

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      Your Monday Briefing: Argentina Triumphs

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      Plus: A Times analysis of how Russia bungled the invasion.Lionel Messi lifted the World Cup trophy after leading Argentina to victory.Dan Mullan/Getty ImagesArgentina wins the World CupIt was the most extraordinary World Cup final in history. And Lionel Messi, who played a career-defining game, is at the center of Argentina’s victory.Messi, 35, cemented his claim to be the greatest player to have ever played the game. In what he has said would be his last World Cup game — and his first-ever World Cup victory — Messi scored two of the team’s three goals as well as the first goal in the team’s penalty shootouts.Argentina scored two goals in the first half, as France seemed slack and uncertain. Then, Kylian Mbappé surged forward. In the space of under two minutes, he scored back-to-back second-half goals, tying the game.In extra time, Messi scored his second goal of the game: 3-2, Argentina. Then, Mbappé scored on a penalty kick to tie the game at 3-3. The teams went to a shootout. Argentina won on penalties, 4-2, as the stadium crowd burst into tears of joy and grief.Highlights: Watch all 12 goals.Mbappé: The 23-year-old French superstar is the first man since 1966 to score three goals in a World Cup final. He won the Golden Boot, which goes to the tournament’s top scorer.Messi: He left Argentina at 13 and has lived in the shadow of Diego Maradona, who last hoisted the World Cup trophy for Argentina 36 years ago. Now, the country has unequivocally embraced its native son. He won the Golden Ball, as the tournament’s best player.Russia’s invasion plans showed that it was expecting to overrun Kyiv within hours of invading Ukraine.operativnoZSU, via TelegramHow Russia fumbled the warMy colleagues have published a sweeping account of how Russia mismanaged its invasion of Ukraine, based on battle plans, intercepts and interviews with Russian soldiers and Kremlin confidants. Here are some major points:Wounded Russian soldiers said they had little training, food or supplies. Some turned to Wikipedia to learn how to use their weapons.President Vladimir Putin’s inner circle fed his suspicions and magnified his grievances. The war was planned in such secrecy that his spokesman and chief of staff learned of it only after it began.One NATO member is warning allies that Putin may accept the death or injury of as many as 300,000 Russian troops, roughly three times his estimated losses so far.Invading Russian troops used their cellphones to call home, revealing their positions to Ukraine’s military.Read the piece in full.For more: “It was a cascade of failures, and at the top is Putin’s own misguidedness, his own isolation and his own conviction that he knew what was best,” Anton Troianovski, the Moscow bureau chief, told The Morning newsletter.Other updates:Ukraine said that Russia may sharply escalate the war in a winter offensive.Ukrainians raced to restore critical services after Russia fired dozens of missiles at Ukrainian power stations over the weekend.Putin made a rare visit to his war headquarters, signaling a shift to his more active involvement.Russian data journalists and volunteers are trying to count the country’s dead soldiers.Yesterday’s launches were North Korea’s first missile tests since it fired an ICBM a month ago.Shin Jun-Hee/YONHAP, via Associated PressNorth Korea tests more weaponsNorth Korea fired two medium-range ballistic missiles yesterday, which could potentially reach Japan. The missiles fell into the waters between the two countries.The launches came just days after Japan vowed to ​double its military spending to help guard against the growing threats from China and North Korea. Future conflicts ​over the Korean Peninsula and Taiwan could involve ​Japan.The State of the WarA Botched Invasion: Secret battle plans, intercepts and interviews with soldiers and Kremlin confidants offer new insight into the stunning failures of Russia’s military in Ukraine.The War in the Skies: As Ukrainian officials warn that Russia might be preparing for a new ground offensive this winter, waves of Russian missiles continue to batter Ukraine’s infrastructure. The attacks are leaving a trail of destruction and grief.Russian Draft: A Times reporter spoke to Russians at a draft office in Moscow to gauge how they felt about going to war.The Next Front? Using missiles and saboteurs, Ukraine is focusing on the strategically important city of Melitopol, ahead of an expected Ukrainian offensive to drive Russian forces from southern Ukraine.The new plans called for Japan, which has long been officially pacifist, to acquire​ counterstrike abilities, including​ missiles that could be used to target bases in enemy territory in response to an attack.Context: North Korea fired missiles that flew over Japan in 2017 and again in October.Background: Last week, North Korea tested​ a ​powerful new engine for an intercontinental ballistic missile​, as part of its effort to switch from liquid to solid fuel, which could make missiles easier to transport and faster to launch​.Markets: The growing consensus about the emergence of a new era of superpower confrontation is boosting arms makers.THE LATEST NEWSAsia PacificFiji’s election pitted two former coup leaders against each other.Saeed Khan/Agence France-Presse — Getty ImagesFiji finished counting its votes. There is no clear winner, The Associated Press reports, and parties are negotiating to form a coalition government.Crematories and funeral homes in Beijing are busy, Reuters reports. China reversed its pandemic restrictions earlier this month.At least 19 people died yesterday near Kabul, Afghanistan, when a fuel tanker exploded, CNN reports.A landslide in Malaysia killed at least 24 people, Reuters reports.Around the WorldTaraneh Alidoosti, an Iranian actress, is one of the highest-profile people to be arrested after expressing support for the antigovernment protests.Tunisia held its first parliamentary elections since a presidential power grab last year. Some see the overhauled process as key to fighting corruption. Others think it is a charade.Twitter suspended and reinstated the accounts of several journalists. Some had written critically about Elon Musk.U.S. NewsSam Bankman-Fried, the FTX founder who is in jail in the Bahamas, is expected to agree to be extradited to the U.S.The T.S.A. intercepted a record number of guns at airport security checkpoints this year.P-22, the celebrity mountain lion in Los Angeles, was euthanized.A Morning ReadGetty ImagesWe may be in a new epoch in Earth’s history: the Anthropocene, the age of humans.“If you were around in 1920, your attitude would have been, ‘Nature’s too big for humans to influence,’ ” said the chair of a panel of scientists, which has spent more than a decade deliberating whether we are in a new epoch.The past century has upended that thinking, he said. “It’s been a shock event, a bit like an asteroid hitting the planet.”ARTS AND IDEASIndia’s embattled love languagePradeep Sahil, a poet and lyricist, drew an appreciative crowd with his recitation.Saumya Khandelwal for The New York TimesFor centuries, Urdu was a prominent language of culture and poetry in India. Its literature and journalism — often advanced by writers who rebelled against religious dogma — played important roles in the country’s independence struggle against British colonial rule and in the spread of socialist fervor later in the 20th century.But in more recent decades, the language has faced dual threats from politics and the quest for economic prosperity. Urdu — a language spoken widely in Pakistan, India’s archrival — is now stigmatized as foreign. Parents increasingly enroll their children in schools that teach English or other Indian languages better suited for the job market.Still, more than 300,000 people celebrated Urdu verse during a three-day festival in New Delhi this month. The gathering, the Jashn-e-Rekhta poetry festival, was a testament to Urdu’s staying power as the key language of romantic expression in India’s songs and films, which draw heavily on Urdu poetry.For more: Mujib Mashal, my colleague, shared videos of one of his favorite moments from the festival on Twitter.PLAY, WATCH, EATWhat to CookArmando Rafael for The New York Times. Food Stylist: Cyd Raftus McDowell.For a holiday main, check out this rosy, crusted roasted beef tenderloin.What to ReadFor some last-minute holiday shopping, here are nine new books our editors recommend, with stories from Iceland and Nigeria to Tokyo and outer space.What to Watch“The Super 8 Years” collects the memories of Annie Ernaux, the French writer who won the Nobel Prize in Literature this year.Modern LoveHe was married. She was looking for adventure. It somehow all worked out.The Faces QuizCan you recognize these newsmakers of 2022?Now Time to PlayPlay the Mini Crossword, and a clue: Large in scope (five letters).Here are the Wordle and the Spelling Bee.You can find all our puzzles here.That’s it for today’s briefing. Have a lovely week! See you tomorrow. — AmeliaP.S. The movie “Titanic” premiered 25 years ago today.Start your week with this narrated long read about two Chinese immigrants in New York City. And here’s Friday’s edition of “The Daily,” on A.I. Or check out “Hard Fork,” where our hosts make their tech predictions for 2023.Email us at briefing@nytimes.com with any questions or concerns. More

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      En Latinoamérica, la izquierda asciende

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      Los candidatos con plataformas izquierdistas han logrado victorias en una región con dificultades económicas y una desigualdad que va en aumento.RÍO DE JANEIRO — En las últimas semanas de 2021, Chile y Honduras votaron con determinación por presidentes de izquierda para reemplazar a líderes de derecha, con lo que se extendió un cambio significativo que lleva varios años ocurriendo en toda América Latina.Este año, los políticos de izquierda son los favoritos para ganar las elecciones presidenciales en Colombia y Brasil, sustituyendo a los presidentes en funciones de derecha, lo que pondría a la izquierda y a la centroizquierda en el poder en las seis economías más grandes de una región que se extiende desde Tijuana hasta Tierra del Fuego.El sufrimiento económico, el aumento de la desigualdad, el ferviente descontento con los gobernantes y la mala gestión de la pandemia de COVID-19 han impulsado un movimiento pendular que se distancia de los líderes de centroderecha y de derecha que dominaban hace unos años.La izquierda ha prometido una distribución más equitativa de la riqueza, mejores servicios públicos y redes de seguridad social ampliadas. Pero los nuevos líderes de la región se enfrentan a graves limitaciones económicas y a una oposición legislativa que podría restringir sus ambiciones, así como a unos votantes intranquilos que se han mostrado dispuestos a castigar a quien no cumpla lo prometido.Los avances de la izquierda podrían impulsar a China y socavar a Estados Unidos mientras compiten por la influencia regional, dicen los analistas, al presentarse una nueva cosecha de líderes latinoamericanos desesperados por lograr el desarrollo económico y con más apertura hacia la estrategia global de Pekín de ofrecer préstamos e inversiones en infraestructuras. El cambio también podría dificultar que Estados Unidos siga aislando a los regímenes autoritarios de izquierda en Venezuela, Nicaragua y Cuba.Con el aumento de la inflación y el estancamiento de las economías, los nuevos líderes de América Latina tendrán dificultades para lograr un cambio real en los problemas profundos, dijo Pedro Mendes Loureiro, profesor de estudios latinoamericanos en la Universidad de Cambridge. Hasta cierto punto, dijo, los votantes están “eligiendo a la izquierda simplemente porque en este momento es la oposición”.Los niveles de pobreza se encuentran en el nivel más alto de los últimos 20 años en una región en la que un efímero auge de las materias primas permitió a millones de personas ascender a la clase media tras el cambio de siglo. Varios países se enfrentan ahora a un desempleo de dos dígitos, y más del 50 por ciento de los trabajadores de la región están empleados en el sector informal.Los escándalos de corrupción, el deterioro de la infraestructura y la ausencia crónica de fondos en los sistemas de salud y educación han erosionado la confianza en el gobierno y las instituciones públicas.Personas sin hogar en fila para recibir el almuerzo de los voluntarios en São Paulo en agosto. “El tema ahora es la frustración, el sistema de clases, la estratificación”, dijo un analista.Mauricio Lima para The New York TimesA diferencia de lo que ocurrió a principios de la década de 2000, cuando los izquierdistas ganaron presidencias decisivas en América Latina, los nuevos gobernantes tienen que hacer frente a la deuda, a presupuestos magros, a escaso acceso al crédito y, en muchos casos, a una oposición vociferante.Eric Hershberg, director del Centro de Estudios Latinoamericanos y Latinos de la American University, dijo que la racha ganadora de la izquierda nace de un sentimiento generalizado de indignación.“En realidad se trata de los sectores de la clase media baja y de la clase trabajadora que dicen: ‘treinta años de democracia y todavía tenemos que ir en un autobús decrépito durante dos horas para llegar a un centro de salud malo’”, dijo Hershberg. Citó la frustración, la ira y “una sensación generalizada de que las élites se han enriquecido, han sido corruptas, no han actuado en favor del interés público”.La COVID-19 asoló América Latina y devastó economías que ya eran precarias, pero la inclinación política de la región comenzó antes de la pandemia.Luiz Inácio Lula da Silva, exlíder de izquierda de Brasil, tiene una ventaja considerable sobre Bolsonaro en un cara a cara, según una encuesta reciente.Mauro Pimentel/Agence France-Presse — Getty ImagesEl primer hito fue la elección en México de Andrés Manuel López Obrador, que ganó la presidencia con un resultado arrollador en julio de 2018. Durante su discurso de la noche electoral, declaró: “El Estado dejará de ser un comité al servicio de una minoría y representará a todos los mexicanos, a ricos y pobres”.Al año siguiente, los votantes de Panamá y Guatemala eligieron gobiernos de centroizquierda, y el movimiento peronista de izquierda de Argentina tuvo un sorprendente regreso a pesar del legado de corrupción y mala gestión económica de sus líderes. Con la promesa de “construir la Argentina que nos merecemos”, Alberto Fernández, profesor universitario, celebró su triunfo frente a un presidente conservador que buscaba la reelección.En 2020, Luis Arce se impuso a sus rivales conservadores para convertirse en presidente de Bolivia. Se comprometió a ampliar el legado del exlíder Evo Morales, un socialista cuya destitución el año anterior dejó brevemente a la nación en manos de una presidenta de derecha.En abril del año pasado, Pedro Castillo, un maestro de escuela de provincia, sorprendió a la clase política peruana al derrotar por un estrecho margen a la candidata derechista a la presidencia, Keiko Fujimori. Castillo, un recién llegado a la política, arremetió contra las élites y presentó la historia de su vida —un educador que trabajó en una escuela rural sin agua corriente ni sistema de alcantarillado— como una encarnación de los defectos de la clase gobernante.En Honduras, Xiomara Castro, una candidata de plataforma socialista que propuso el establecimiento de un sistema de renta básica universal para las familias pobres, venció con facilidad en noviembre a un rival conservador para convertirse en presidenta electa.Xiomara Castro, que ganó las elecciones en Honduras, ha propuesto un sistema de renta básica universal para las familias pobres.Daniele Volpe para The New York TimesLa victoria más reciente de la izquierda se produjo el mes pasado en Chile, donde Gabriel Boric, un antiguo activista estudiantil de 35 años, venció a un rival de extrema derecha con la promesa de aumentar los impuestos a los ricos para ofrecer pensiones más generosas y ampliar enormemente los servicios sociales.La tendencia no ha sido universal. En los últimos tres años, los votantes de El Salvador, Uruguay y Ecuador han desplazado a sus gobiernos hacia la derecha. Y en México y Argentina, el año pasado, los partidos de centroizquierda perdieron terreno en las elecciones legislativas, socavando a sus presidentes.Pero en general, Evan Ellis, profesor de estudios latinoamericanos en el Colegio de Guerra del Ejército de Estados Unidos, dijo no recordar una América Latina “tan dominada por una combinación de izquierdistas y líderes populistas antiestadounidenses”.“En toda la región, los gobiernos de izquierda estarán particularmente dispuestos a trabajar con los chinos en contratos de gobierno a gobierno”, dijo, y posiblemente “con respecto a la colaboración en materia de seguridad, así como a la colaboración tecnológica”.Jennifer Pribble, profesora de ciencias políticas de la Universidad de Richmond que estudia América Latina, dijo que el brutal número de víctimas de la pandemia en la región hizo que las iniciativas de izquierda, como las transferencias de efectivo y la atención universal a la salud, fueran cada vez más populares.“Los votantes latinoamericanos tienen ahora un sentido más agudo de lo que el Estado puede hacer y de la importancia de que el Estado participe en un esfuerzo redistributivo y en la prestación de servicios públicos”, dijo. “Eso condiciona estas elecciones, y está claro que la izquierda puede hablar más directamente de eso que la derecha”.Gabriel Boric, quien fuera activista estudiantil, ha prometido una amplia expansión de los servicios sociales en Chile.Marcelo Hernandez/Getty ImagesEn Colombia, donde las elecciones presidenciales se celebrarán en mayo, Gustavo Petro, exalcalde izquierdista de Bogotá que perteneció a un grupo guerrillero urbano, ha mantenido una ventaja constante en las encuestas.Sergio Guzmán, director de la consultora Colombia Risk Analysis, dijo que las aspiraciones presidenciales de Petro se hicieron viables después de que la mayoría de los combatientes de las FARC, un grupo guerrillero marxista, dejaron las armas como parte de un acuerdo de paz alcanzado en 2016. El conflicto había dominado durante mucho tiempo la política colombiana, pero ya no.“El tema ahora es la frustración, el sistema de clases, la estratificación, los que tienen y los que no tienen”.Justo antes de Navidad, Sonia Sierra, de 50 años, se encontraba fuera de la pequeña cafetería que regenta en el principal parque urbano de Bogotá. Sus ingresos se habían desplomado, dijo, primero en medio de la pandemia y luego cuando una comunidad desplazada por la violencia se trasladó al parque.Sierra dijo que estaba muy endeudada después de que su marido fuera hospitalizado con covid. Las finanzas son tan ajustadas que hace poco despidió a su única empleada, una joven venezolana que solo ganaba 7,50 dólares al día.“Tanto trabajar y no tengo nada”, dijo Sierra, cantando un verso de una canción popular en la época navideña en Colombia. “No estoy llorando, pero sí, me da sentimiento”.En Recife, Brasil, se complementan los ingresos recogiendo mariscos.Mauricio Lima para The New York TimesEn el vecino Brasil, el aumento de la pobreza, la inflación y una respuesta fallida a la pandemia han convertido al presidente Jair Bolsonaro, el titular de extrema derecha, en un candidato débil de cara a la votación programada para octubre.El expresidente Luiz Inácio Lula da Silva, un izquierdista que gobernó Brasil de 2003 a 2010, una época de notable prosperidad, ha conseguido una ventaja de 30 puntos porcentuales sobre Bolsonaro en un cara a cara, según una encuesta reciente.Maurício Pimenta da Silva, de 31 años, subgerente de una tienda de suministros agrícolas en la región de São Lourenço, en el estado de Río de Janeiro, dijo que se arrepentía de haber votado por Bolsonaro en 2018 y que ahora tiene la intención de apoyar a Da Silva.“Pensé que Bolsonaro mejoraría nuestra vida en algunos aspectos, pero no lo hizo”, dijo Da Silva, un padre de cuatro hijos que no tiene relación con el expresidente. “Todo es tan caro en los supermercados, especialmente la carne”, agregó, lo que lo llevó a tomar un segundo empleo.Con los votantes enfrentados a tanta agitación, los candidatos moderados están ganando poca influencia, lamentó Simone Tebet, una senadora de centroderecha en Brasil que planea presentarse a la presidencia este año.“Si miramos a Brasil y a América Latina, estamos viviendo un ciclo de extremos relativamente aterrador”, dijo. “El radicalismo y el populismo se han impuesto”.Ernesto Londoño More

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      Leftists Are Ascendant in Latin America as Key Elections Loom

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      Growing inequality and sputtering economies have helped fuel a wave of leftist victories that may soon extend to Brazil and Colombia.RIO DE JANEIRO — In the final weeks of 2021, Chile and Honduras voted decisively for leftist presidents to replace leaders on the right, extending a significant, multiyear shift across Latin America.This year, leftist politicians are the favorites to win presidential elections in Colombia and Brazil, taking over from right-wing incumbents, which would put the left and center-left in power in the six largest economies in the region, stretching from Tijuana to Tierra del Fuego.Economic suffering, widening inequality, fervent anti-incumbent sentiment and mismanagement of Covid-19 have all fueled a pendulum swing away from the center-right and right-wing leaders who were dominant a few years ago.The left has promised more equitable distribution of wealth, better public services and vastly expanded social safety nets. But the region’s new leaders face serious economic constraints and legislative opposition that could restrict their ambitions, and restive voters who have been willing to punish whoever fails to deliver.The left’s gains could buoy China and undermine the United States as they compete for regional influence, analysts say, with a new crop of Latin American leaders who are desperate for economic development and more open to Beijing’s global strategy of offering loans and infrastructure investment. The change could also make it harder for the United States to continue isolating authoritarian leftist regimes in Venezuela, Nicaragua and Cuba.With rising inflation and stagnant economies, Latin America’s new leaders will find it hard to deliver real change on profound problems, said Pedro Mendes Loureiro, a professor of Latin American studies at the University of Cambridge. To some extent, he said, voters are “electing the left simply because it is the opposition at the moment.”Poverty is at a 20-year high in a region where a short-lived commodities boom had enabled millions to ascend into the middle class after the turn of the century. Several nations now face double-digit unemployment, and more than 50 percent of workers in the region are employed in the informal sector.Corruption scandals, dilapidated infrastructure and chronically underfunded health and education systems have eroded faith in leaders and public institutions.Homeless people lining up to receive lunch from volunteers in São Paulo in August. “The issue now is the frustration, the class system, the stratification,” one analyst said.Mauricio Lima for The New York TimesUnlike the early 2000s, when leftists won critical presidencies in Latin America, the new officeholders are saddled by debt, lean budgets, scant access to credit and in many cases, vociferous opposition.Eric Hershberg, the director of the Center for Latin American and Latino Studies at American University, said the left’s winning streak is born out of widespread indignation.“This is really about lower-middle-class and working-class sectors saying, ‘Thirty years into democracy, and we still have to ride a decrepit bus for two hours to get to a bad health clinic,’” Mr. Hershberg said. He cited frustration, anger and “a generalized sense that elites have enriched themselves, been corrupt, have not been operating in the public interest.”Covid has ravaged Latin America and devastated economies that were already precarious, but the region’s political tilt started before the pandemic.Luiz Inácio Lula da Silva, Brazil’s leftist ex-leader, has a sizable advantage over Mr. Bolsonaro in a head-to-head matchup, according to a recent poll.Mauro Pimentel/Agence France-Presse — Getty ImagesThe first milestone was the election in Mexico of Andrés Manuel López Obrador, who won the presidency by a landslide in July 2018. He declared during his election night address: “The state will cease being a committee at the service of a minority and it will represent all Mexicans, poor and rich.”The next year, voters in Panama and Guatemala elected left-of-center governments, and Argentina’s Peronist movement made a stunning comeback despite its leaders’ legacy of corruption and economic mismanagement. President Alberto Fernández, a university professor, celebrated his triumph over a conservative incumbent by promising “to build the Argentina we deserve.”In 2020, Luis Arce trounced conservative rivals to become president of Bolivia. He vowed to build on the legacy of the former leader Evo Morales, a socialist whose ouster the year before had briefly left the nation in the hands of a right-wing president.Last April, Pedro Castillo, a provincial schoolteacher, shocked Peru’s political establishment by narrowly defeating the right-wing candidate Keiko Fujimori for the presidency. Mr. Castillo, a political newcomer, railed against elites and presented his life story — an educator who worked in a rural school without running water or a sewage system — as an embodiment of their failings.In Honduras, Xiomara Castro, a socialist who proposed a system of universal basic income for poor families, handily beat a conservative rival in November to become president-elect.Xiomara Castro, who won election in Honduras, has proposed a system of universal basic income for poor families.Daniele Volpe for The New York TimesThe most recent win for the left came last month in Chile, where Gabriel Boric, a 35-year-old former student activist, beat a far-right rival by promising to raise taxes on the rich in order to offer more generous pensions and vastly expand social services.The trend has not been universal. In the past three years, voters in El Salvador, Uruguay and Ecuador have moved their governments rightward. And in Mexico and Argentina last year, left-of-center parties lost ground in legislative elections, undercutting their presidents.But on the whole, Evan Ellis, a professor of Latin American studies at the U.S. Army War College, said that in his memory there had never been a Latin America “as dominated by a combination of leftists and anti-U. S. populist leaders.”“Across the region, leftist governments will be particularly willing to work with the Chinese on government-to-government contracts,” he said, and possibly “with respect to security collaboration as well as technology collaboration.”Jennifer Pribble, a political science professor at the University of Richmond who studies Latin America, said the brutal toll of the pandemic in the region made leftist initiatives such as cash transfers and universal health care increasingly popular.“Latin American voters now have a keener sense of what the state can do and of the importance of the state engaging in a redistributive effort and in providing public services,” she said. “That shapes these elections, and clearly the left can speak more directly to that than the right.”Gabriel Boric, a former student activist, has promised a vast expansion of social services in Chile. Marcelo Hernandez/Getty ImagesIn Colombia, where a presidential election is set for May, Gustavo Petro, a leftist former mayor of Bogotá who once belonged to an urban guerrilla group, has held a consistent lead in polls.Sergio Guzmán, the director of Colombia Risk Analysis, a consulting firm, said Mr. Petro’s presidential aspirations became viable after most fighters from the FARC, a Marxist guerrilla group, laid down their weapons as part of a peace deal struck in 2016. The conflict long dominated Colombian politics, but no more.“The issue now is the frustration, the class system, the stratification, the haves and have-nots,” he said.Just before Christmas, Sonia Sierra, 50, stood outside the small coffee shop she runs in Bogotá’s main urban park. Her earnings had plummeted, she said, first amid the pandemic, and then when a community displaced by violence moved into the park.Ms. Sierra said she was deep in debt after her husband was hospitalized with Covid. Finances are so tight, she recently let go her only employee, a young woman from Venezuela who earned just $7.50 a day.“So much work and nothing to show for it,” Ms. Sierra she said, singing a verse from a song popular at Christmastime in Colombia. “I’m not crying, but yes, it hurts.”In Recife, Brazil, supplementing income by harvesting shellfish.Mauricio Lima for The New York TimesIn neighboring Brazil, rising poverty, inflation and a bungled response to the pandemic have made President Jair Bolsonaro, the far-right incumbent, an underdog in the vote set for October.Former President Luiz Inácio Lula da Silva, a leftist firebrand who governed Brazil from 2003 to 2010, an era of remarkable prosperity, has built a 30 percentage point advantage over Mr. Bolsonaro in a head-to-head matchup, according to a recent poll.Maurício Pimenta da Silva, 31, an assistant manager at a farming supplies store in the São Lourenço region of Rio de Janeiro state, said that he regretted voting for Mr. Bolsonaro in 2018, and that he intended to support Mr. da Silva.“I thought Bolsonaro would improve our life in some aspects, but he didn’t,” said Mr. Pimenta, a father of four who is no relation to the former president. “Everything is so expensive in the supermarkets, especially meat,” he added, prompting him to take a second job.With voters facing so much upheaval, moderate candidates are gaining little traction, lamented Simone Tebet, a center-right senator in Brazil who plans to run for president.“If you look at Brazil and Latin America, we are living in a relatively frightening cycle of extremes,” she said. “Radicalism and populism have taken over.”Ernesto Londoño and Flávia Milhorance reported from Rio de Janeiro. Julie Turkewitz reported from Bogotá. More