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      Javier Milei, a ‘Mini-Trump,’ Could Be Argentina’s Next President

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      He made his name disparaging people on television. He levels harsh attacks against critics online. He sports an unruly hairdo that has become a meme. And he is now the leader of his country’s far right.Donald J. Trump, and his rise to the American presidency in 2016, shares some striking similarities with the man behind the moment unfolding in Argentina, the nation’s new political sensation, Javier Milei.Mr. Milei, a libertarian economist and television pundit, was once seen as a sideshow in Argentina’s presidential race, not taken seriously by the news media or his opponents. Now — after a brash, outsider campaign based on a promise that he alone can fix the nation’s deep economic woes — he is the favorite to win the election outright on Sunday or head to a runoff next month.Mr. Milei, 52, has already upended the politics of this nation of 46 million. His pledges to eliminate Argentina’s central bank and ditch its currency for the U.S. dollar have dominated the national conversation, while also helping to fuel a further collapse in the value of the Argentine peso.But it has been his bellicose political style that has attracted comparisons with Mr. Trump, as well as widespread concern in Argentina and beyond about the damage his government could inflict on Latin America’s third-largest economy.Mr. Milei has attacked the press and the pope; declared climate change part of “the socialist agenda”; called China, Argentina’s second-largest trade partner, an “assassin”; pledged looser controls on guns; claimed he is the victim of voter fraud; questioned the most recent presidential elections in the United States and Brazil; and suggested that the far-right riots that followed those votes were leftist plots.Mr. Milei surrounded by supporters in Salta, Argentina. His brash, outsider campaign has made him a favorite in Sunday’s election. Sarah Pabst for The New York Times“He is quite clearly a mini-Trump,” said Federico Finchelstein, an Argentine who chairs the history department at the New School in New York and studies the far right around the world.Mr. Milei, Mr. Trump and Jair Bolsonaro, Brazil’s former president, are all leading practitioners of the modern strain of far-right politics, Mr. Finchelstein said, marked by vulgarity, attacks on institutions, discrediting of the news media, distrust of science, a cult of personality and narcissism.“Trump is an icon of this new form of extreme populism,” Mr. Finchelstein said. “And Milei wants to emulate him.”Mr. Milei has embraced comparisons to Mr. Trump, whom he has called “one of the best presidents in the history of the United States.” He has worn “Make Argentina Great Again” hats and, much like Mr. Trump, waged his campaign largely on social media. And in the two months before Sunday’s vote, he granted an interview to one American broadcast personality: the former Fox News host Tucker Carlson.Mr. Milei’s campaign declined repeated requests for an interview with The New York Times.Supporters of Mr. Milei in the headquarters of his party in Salta. Mr. Milei’s use of social media has made him especially popular among younger Argentines.Sarah Pabst for The New York TimesWith two master’s degrees in economics, Mr. Milei can sound professorial at times, opining on monetary policy and a strain of libertarianism he follows called anarcho-capitalism.He has called the state “a criminal organization” that collects taxes “at gunpoint.” And he says he is driven by a mission to shrink government and remove it from people’s lives, starting with Argentina’s central bank.His libertarian ideals have also made him less conservative on some social issues. He has said that as long as the state doesn’t have to pay for it, he could support drug legalization, open immigration, sex work, transgender rights, same-sex marriage and selling organs.Abortion, however, he calls “murder” and promises to put it to a referendum in Argentina, where it has been legal since 2020.Mr. Milei surprised pollsters in August when he won Argentina’s open primaries with about 30 percent of the vote. He has since led his two main challengers in the polls: Sergio Massa, Argentina’s center-left economy minister; and Patricia Bullrich, a right-wing former security minister.Mr. Milei has received nearly blanket news coverage during the campaign, both for his radical economic proposals and his eccentric personality. He is a self-proclaimed tantric-sex teacher with five cloned mastiff dogs. His girlfriend is a professional impersonator of one of his political archrivals. And his campaign manager and chief political adviser is his sister.A dollar note with Donald J. Trump’s image in the office of one of Mr. Milei’s advisers. The candidate has praised Mr. Trump’s tenure as president in the United States. Sarah Pabst for The New York TimesLike Mr. Trump, he speaks about the importance of image, telling Mr. Carlson that his past as a semipro soccer goalie and a singer in a Rolling Stones cover band “make for an attractive television product.” Mr. Milei makes nearly the same furrowed-brow, pursed-lip look for every selfie with voters, also calling to mind Mr. Trump.Mr. Milei’s signature look — a leather jacket, an untamable mop of hair and long sideburns — is designed to conjure the comic-book character Wolverine, according to Lilia Lemoine, a professional cosplay performer who is Mr. Milei’s stylist and is running for Congress on his ticket. Because, like Wolverine, she said, “he is an antihero.”The result is a cultlike following. At a recent event in Salta, a city in Argentina’s mountainous northwest, Mr. Milei rode in a truck bed as thousands of voters pushed in for a closer look. Supporters wore messy wigs, passed out fake $100 bills with his face and displayed art of his dogs, four of which are named for conservative economists.“Yes, everyone describes him as crazy, for everything, but who better than a crazy person to move the country forward?” said María Luisa Mamani, 57, a butcher-shop owner. “Because the sane ones didn’t do anything.”Argentines have weathered one of the country’s worst financial crises.Sarah Pabst for The New York TimesMr. Milei appeared briefly but did not speak. Instead, the event was largely a stage for social-media content created by unpaid college-age influencers who travel with Mr. Milei and film him.They have helped him build an enormous online presence and intense youth following. (The legal voting age in Argentina is 16.) Luján López Villa, 20, a high school senior in the small town of Chicoana, said Mr. Milei had near-unanimous support among her classmates, largely because he was the “cool” candidate, despite warnings from teachers that his plans to dollarize the economy are dangerous.“They want to change our minds,” she said. “We’re going to keep following him.”It is no surprise that Argentines are eager for change. Decades of economic mismanagement, much of it in the hands of Mr. Massa’s incumbent Peronist party, have plunged Argentina into a big financial hole.In April 2020, at the start of the pandemic, $1 bought about 80 pesos; one day last week, $1 bought more than 1,000 pesos. Those figures are under an unofficial exchange rate that best reflects the market’s view of the peso, part of a byzantine system of currency controls the government uses to try to keep U.S. dollars in the country.Supporters of Mr. Milei in Salta. He wants to shrink government, starting with getting rid of Argentina’s central bank.Sarah Pabst for The New York TimesMr. Milei wants to discard those rules as president, partly by switching to dollars.Both Mr. Milei and economists have said that dollarizing the economy will most likely require tens of billions of dollars, but it is not clear where Argentina could get such an investment. The country is struggling to pay a $44 billion debt to the International Monetary Fund. Mr. Milei would also not have much congressional support for dollarization, though he has said that he would put the issue to a national referendum.Emmanuel Alvarez Agis, Argentina’s former deputy economy minister under a leftist administration, said that if Mr. Milei could dollarize, it would mostly solve inflation — but produce a host of other problems, including a decrease in real wages, higher unemployment and less flexibility to soften the effects of economic downturns.Mr. Milei has also promised a pro-market, small-government overhaul, including pledges to: lower taxes; slash regulations; privatize state industries; shift public education to a voucher-based system and public health care to insurance based; reduce the number of federal ministries to eight from 18; and cut federal spending by 15 percent of Argentina’s gross domestic product.Such deep spending cuts would require significant reductions to pensions, education and public safety, Mr. Alvarez Agis said. “I don’t think that they are discussing numbers in a serious way,” he said.Campaign signs in Salta for another top candidate in Sunday’s election, Sergio Massa, Argentina’s center-left economy minister.Sarah Pabst for The New York TimesAfter months of campaigning by the candidates, Sunday will test whether voters are ready to take a chance on Mr. Milei. He could win the election outright with 45 percent of the vote, or 40 percent with a margin of at least 10 percentage points. If no candidate reaches any of those thresholds, the race will go to a runoff on Nov. 19 between the top two finishers.Even though Mr. Milei won the primary, he still claimed fraud, saying rivals stole his parties’ ballots from polling stations, preventing citizens from voting for him. Mr. Milei also said his party’s ballots were found in the trash at a school. His party did not provide any evidence.Mr. Milei said his party had complained to election officials, but election officials disputed that.“There was no complaint or challenge, nor was there any systematic ballot theft,” Argentina’s electoral court said in a statement. “We are concerned that such statements are made without accompanying legal filings to investigate.”Mr. Milei’s campaign said it had recruited 100,000 volunteers to monitor polling stations on Election Day. But in a television interview on Thursday, Mr. Milei said he was still worried about stolen votes.He claimed that the alleged fraud in the primaries had cost him at least several percentage points of support. “Some say two and a half points, others say three, and others say five,” he said. “Whatever the number is, it may be decisive.”Natalie Alcoba More

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      Venezuela Pledges Small Steps Toward Fair Elections Next Year

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      The agreement signed on Tuesday by the country’s authoritarian government and the opposition would not allow all candidates to run.The government of President Nicolás Maduro of Venezuela and the country’s opposition resumed talks on Tuesday designed to move toward free and fair elections, though the agreement that was announced fell short of what human rights activists and the U.S. government are ultimately seeking.Hopes were high that, as part of the agreement, Mr. Maduro would allow opposition candidates already disqualified by his government to participate in the 2024 presidential vote in exchange for the lifting of sanctions on Venezuela’s vital oil industry.Doing so would be a critical move toward a credible race, given that the front-runner in an opposition primary election set for Sunday, María Corina Machado, is barred from running in the general election.But the agreements signed on Tuesday, during a ceremony on the Caribbean island of Barbados, were vague. While they included commitments to allow international election observers and access to the news media in 2024, there were few other concrete promises. Experts say it is unlikely that the United States will fully lift sanctions if Ms. Machado is not allowed to run.“We are going toward the supreme objective of lifting the sanctions,” said Jorge Rodríguez, the president of Venezuela’s legislature, at the ceremony. But “if you received an administrative disqualification,” he added, “then you cannot be a candidate.”Even before an official announcement, some Venezuela experts expressed skepticism that the agreement would lead to real political change.“It’s a minimalist deal that will not lead to free and fair elections,” said Phil Gunson, an analyst with International Crisis Group who lives in the country’s capital, Caracas. But he said, it “is the best available in the circumstances. It allows Maduro to hang on to power unless something really dramatic happens. Baby steps, really.”He added, “The Maduro government has a history of failing to abide by agreements it signs.”Secretary of State Antony J. Blinken, in a joint statement with his British, Canadian and E.U. counterparts, welcomed the agreement as a “necessary step” in the “restoration of democracy in Venezuela.”“We continue to call for the unconditional release of all those unjustly detained, the independence of the electoral process and judicial institutions, freedom of expression including for members of the press, and respect for human and political rights,” the statement added.Mr. Maduro came to power in 2013, after the death of President Hugo Chávez, the founder of the country’s socialist-inspired revolution. Under Mr. Maduro, Venezuela, once among the richest countries in Latin America, has witnessed an extraordinary economic decline, leading to a humanitarian crisis that has caused widespread migration.President Nicolás Maduro claimed victory in a 2018 election widely viewed as fraudulent and that led to stricter U.S. sanctions.Meridith Kohut for The New York TimesMore than seven million Venezuelans have fled the country of roughly 28 million people, and in recent years, hundreds of thousands have begun trekking by foot to the United States.Mr. Maduro claimed victory in a 2018 election widely viewed as fraudulent. In response, the U.S. government significantly tightened sanctions on the country’s oil industry, Venezuela’s key source of revenue, a move that exacerbated the economic crisis and isolated Mr. Maduro from much of the world.To help the economy, Mr. Maduro needs sanctions to be lifted. At the same time, the opposition wants him to set competitive conditions for the next presidential election that would give it a legitimate shot at winning.The two sides, however, have been at an impasse over how to achieve these goals, and Mr. Maduro has seemed unwilling to do anything he believes would risk his grip on power.In November, as a sign of its openness to lifting sanctions in exchange for ensuring fair elections, the United States granted the oil company Chevron a license for a limited expansion of energy operations in Venezuela, a small step toward the country’s possible re-entry into the international oil market.The Biden administration is under pressure to ensure that oil prices remain stable going into next year’s presidential election. The threat of a broader conflict in the Middle East combined with ongoing disruptions to Russian energy exports threaten to fan another episode of inflation and potentially cause gasoline prices to rise in the coming months.But even after lifting sanctions, it would still take years and billions of dollars of investment to increase oil production enough to lower prices, said Francisco Monaldi, an expert on Venezuelan energy at Rice University in Houston.He said the Biden administration was most likely motivated more by trying to stem the flow of Venezuelan migrants to the U.S.-Mexico border than by driving down oil prices in the short term.Mr. Maduro’s government is being investigated by the International Criminal Court for possible crimes against humanity committed since 2017, including torture and persecution on political grounds.Isayen Herrera More

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      Gobierno de Venezuela y oposición firman un acuerdo

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      El acuerdo firmado el martes por el gobierno autoritario del país y la oposición no permitiría que todos los candidatos puedan postularse.El gobierno del presidente venezolano Nicolás Maduro, y la oposición del país, reanudaron el martes las conversaciones para avanzar hacia unas elecciones libres y justas, aunque el acuerdo que se anunció tiene limitaciones en los temas que los activistas de derechos humanos y el gobierno de Estados Unidos buscan en última instancia.Había esperanzas de que, como parte del acuerdo, Maduro permitiera que los candidatos de la oposición que han sido inhabilitados por su gobierno participen en las elecciones presidenciales de 2024, a cambio del levantamiento de las sanciones impuestas a la vital industria petrolera venezolana.Esto sería un paso fundamental hacia una contienda creíble porque a María Corina Machado, la candidata favorita de las elecciones primarias de la oposición que se realizarán el domingo, le prohibieron postularse a las elecciones generales.El acuerdo firmado el martes, durante una ceremonia en la isla caribeña de Barbados, es vago. Aunque incluye el compromiso de permitir la presencia de observadores electorales internacionales y el acceso a los medios de comunicación en 2024, hace pocas promesas concretas. Los expertos afirman que es poco probable que Estados Unidos levante las sanciones si no se permite que Machado se postule a las elecciones.“Vamos hacia el objetivo supremo de levantamiento de las sanciones”, dijo Jorge Rodríguez, presidente de la Asamblea Nacional de Venezuela, en la ceremonia. Y agregó: “Si usted recibió una inhabilitación administrativa por el órgano que le corresponde, desde el punto de vista constitucional legal, que es la Contraloría General de la República, pues tampoco puede ser candidato”.Incluso antes de un anuncio oficial, algunos expertos en Venezuela expresaron su escepticismo de que el acuerdo lograra un cambio político real.“Es un acuerdo minimalista que no logrará unas elecciones libres y justas”, dijo Phil Gunson, analista del International Crisis Group que vive en Caracas, la capital del país. Pero “es lo mejor que hay en estas circunstancias. Le permite a Maduro aferrarse al poder, a menos que ocurra algo realmente dramático. En realidad, son pequeños pasos”.Y añadió: “El gobierno de Maduro tiene un historial de incumplimiento de los acuerdos que firma”.Maduro llegó al poder en 2013, tras la muerte del presidente Hugo Chávez, el fundador de la revolución de inspiración socialista que ha gobernado el país. Bajo el mandato de Maduro, Venezuela, que fue uno de los países más ricos de América Latina, ha experimentado un declive económico extraordinario, generando una crisis humanitaria que ha provocado una migración masiva.El presidente Nicolás Maduro reclamó la victoria en unas elecciones de 2018 ampliamente consideradas fraudulentas y que originaron sanciones más estrictas por parte de Estados Unidos.Meridith Kohut para The New York TimesMás de siete millones de venezolanos han huido del país, cuya población es de unos 28 millones de habitantes. Además, en los últimos años, cientos de miles de personas han emprendido el viaje hacia Estados Unidos a pie.En 2018, Maduro se declaró vencedor en unas elecciones ampliamente consideradas como fraudulentas. En respuesta, el gobierno de Estados Unidos endureció significativamente las sanciones contra la industria petrolera del país, la principal fuente de ingresos de Venezuela, una medida que exacerbó la crisis económica y aisló a Maduro de gran parte del mundo.Para mejorar la economía, Maduro necesita que se levanten las sanciones. Al mismo tiempo, la oposición quiere que establezca condiciones competitivas para las próximas elecciones presidenciales con el fin de tener una oportunidad legítima de ganar.Sin embargo, ambas partes no han logrado estos objetivos, y pareciera que Maduro no está dispuesto a hacer nada que crea que puede poner en riesgo su control sobre el poder.En noviembre, como señal de su disposición a levantar las sanciones a cambio de garantizar unas elecciones justas, Estados Unidos concedió a la petrolera Chevron una licencia para una expansión limitada de las operaciones energéticas en Venezuela, un avance modesto hacia la posible reincorporación del país al mercado petrolero internacional.El gobierno de Biden se encuentra bajo presión para garantizar que los precios del petróleo se mantengan estables de cara a las elecciones presidenciales del próximo año. La amenaza de un conflicto más amplio en Medio Oriente, aunada a las actuales interrupciones de las exportaciones energéticas rusas, amenazan con avivar otro episodio de inflación y provocar una potencial subida de los precios de la gasolina en los próximos meses.Pero, incluso después de levantar las sanciones, se necesitarían años y miles de millones de dólares de inversión para aumentar la producción de petróleo lo suficiente como para bajar los precios, dijo Francisco Monaldi, experto en energía venezolana de la Universidad Rice en Houston.Monaldi cree que lo más probable es que el gobierno de Biden centre sus motivaciones en tratar de frenar el flujo de migrantes venezolanos hacia la frontera entre Estados Unidos y México, en vez de hacer bajar los precios del petróleo a corto plazo.El gobierno de Maduro está siendo investigado por la Corte Penal Internacional por posibles crímenes de lesa humanidad cometidos desde 2017, lo que incluye torturas y persecuciones por motivos políticos.Isayen Herrera More

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      What to Know About the New Zealand Election

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      Voters head to the polls this weekend in an election that is likely to show a rightward and populist shift in the country’s politics.New Zealanders are exhausted. Their pocketbooks are threadbare, the dog years of the pandemic have dragged on, and there is a strong sense that the country has never been further off track.And so, when they head to the polls on Saturday, polls show, most will vote to punish the governing center-left Labour Party, which under Jacinda Ardern won a historic majority just three years ago.“There’s a real vibe around of tiredness, frustration,” said Bernard Hickey, an economic commentator. When New Zealanders last went to the polls, they were celebrating their coronavirus wins. From 2021, he said, “it was all downhill.”The opposition center-right National Party is therefore expected to form the next government with some smaller parties, despite what critics describe as a lack of vision for many of the country’s more vexatious issues.Still, New Zealand’s proportional voting system could deliver last-minute twists, and New Zealand First, a small and populist party known for opposing immigration and supporting retirees, may once again become kingmaker, as it did in 2017.Here’s how the campaign has played out, and what to watch for in Saturday’s results.Who are the main candidates?The incumbent leader is Prime Minister Chris Hipkins, who took over from Ms. Ardern early this year and who has spent the penultimate week of the campaign stuck in a hotel room with Covid. Their Labour Party has been in power since 2017.Ms. Ardern’s legacy hangs heavy over New Zealand, where many now ignore her world-leading pandemic response, Mr. Hickey said.“She was a prime minister, who, however you look at it, managed a crisis fairly well,” he said. “And now she’s one of the most reviled politicians in the country, and she can’t walk down the street without protection.”Ms. Ardern, who is pursuing a fellowship at Harvard University, has mostly stayed out of the race. But the “transformational change” that she campaigned on in 2017 has failed to materialize, and many New Zealanders blame her and her party for the difficulties they face, such as inflation or higher mortgage payments.Prime Minister Chris Hipkins, the incumbent leader, took over from Jacinda Ardern in January. He represents the center-left Labour Party.Hagen Hopkins/Getty ImagesThe main challenger is the National Party’s Christopher Luxon, a former chief executive of Air New Zealand, the country’s national airline, who was elected to Parliament for the first time in 2020.Though Mr. Luxon leads Mr. Hipkins as potential voters’ preferred prime minister, he has mostly failed to energize voters, who see him as bland or corporate.“People are saying that they feel there’s not much difference between the two Chrises,” said Grant Duncan, an independent political scientist and commentator.What are pollsters predicting?With voters scurrying to smaller parties, the National Party was expected to garner 34 percent of the vote, according to a Guardian Essential poll released this week, to Labour’s 30 percent.Mr. Luxon is likely to lead the next government with support from Act, a right-wing libertarian party, and from New Zealand First, which helped catapult Ms. Ardern into the prime minister’s office in 2017.There is a very slim chance of a Labour-led coalition government with Te Pati Maori, the country’s Indigenous rights party, and the Green Party. (Mr. Hipkins has said he will not work with New Zealand First.)What are New Zealanders voting on?Cost-of-living issues, as in many other comparable economies, dominate at the polls.“It may or may not be the government’s fault,” said Ben Thomas, a former press secretary for the National Party, “but it’s the government’s problem.”To battle inflation, New Zealand’s independent central bank has raised rates to a 15-year high of 5.5 percent. That has inflicted considerable pain on homeowners, most of whom are subject to floating mortgage rates. New home loans command rates of at least 7 percent, more than three times what they were in 2020, and many expect rates to go even higher.Inflation remains high, even as it slowed to 6 percent in July compared with 6.7 percent in the same month a year earlier, according to the most recent government data. Food prices jumped 12.3 percent over the same period.New home loans in New Zealand have risen sharply in the past few years, now commanding rates of at least 7 percent.Ruth McDowall for The New York TimesThe proposed solutions from both major parties — like the tax and benefit cuts from the National Party, or the targeted subsidies and financial support from Labour — are unlikely to provide widespread relief, analysts say.“The electoral numbers will fall on what is basically two estranged parents doing a bidding war over pocket money,” Mr. Thomas said.A spate of unusual violent crime and “ram raids” — when a vehicle is driven into the windows of a store so it can be robbed — has haunted voters. The National Party has sought to seize the issue, promising to reintroduce the youth boot camps that the country has previously tried and abandoned.Race has also emerged as an issue. New Zealand has longstanding arrangements with Maori, its Indigenous people, many of which are governed by an 1840 treaty. But some New Zealanders say these go too far. Act, the libertarian party run by David Seymour, has promised a referendum on “co-governance,” the practice of including Maori in policy decisions — a vow that has prompted widespread allegations from the left of racism. Act rejects those claims, saying it just wants equal rights for all citizens.What comes next?New Zealand’s other economic problems — which include an aging population, a crumbling health service, inadequate infrastructure and an economy reliant on dairy and other food exports that is set to be tested by extreme weather events — have defied the efforts of successive governments, said Craig Renney, an economist for the New Zealand Council of Trade Unions.“We still have an economy which, structurally, is a commodity-exporting, low-wage economy,” Mr. Renney said, “supported by a giant housing market where we sell houses to each other.”There is a particular antipathy toward public spending to solve those problems, even as the liabilities of not acting continue to climb, he added. “We have a national debt that is the envy of every developed country in the world,” he said, “yet we have this insistence that there is a debt crisis just around the corner.”Despite these challenges, New Zealand’s trajectory was largely positive, said Shamubeel Eaqub, a New Zealand-based economist. “I’m optimistic about New Zealand,” he said. “I’m not optimistic about our politics.”And while New Zealanders may approach Saturday’s vote with a sense of irritability, after an election campaign that has been characterized by mudslinging and small-target campaigning, there have been few allegations of the misinformation or antidemocratic behaviors that have bedeviled elections elsewhere in the world.“In New Zealand, we don’t stop and think, ‘If you look at all of the indicators and league tables around the world, we’re actually one of the best-governed countries on earth,’ ” said Dr. Duncan, the political scientist. “But if you actually tried to say it to most New Zealanders, they’ll ask you, ‘What are you on?’” 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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      Plus-Size Female Shoppers ‘Deserve Better’

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      More from our inbox:Why Trump’s Supporters Love HimChatGPT Is PlagiarismThe Impact of China’s Economic WoesThe ‘Value’ of CollegeKim SaltTo the Editor:Re “Just Make It, Toots,” by Elizabeth Endicott (Opinion guest essay, Aug. 20):Despite the fact that two-thirds of American women are size 14 or above, brands and retailers continue to overlook and disregard plus-size women whose dollars are as green as those held by “straight size” women.The root cause is simple, and it’s not that it’s more expensive or time-consuming; these excuses have been bandied about for years. There are not enough clothes available to plus-size women because brands and retailers assume that larger women will just accept whatever they’re given, since they have in the past.As Ms. Endicott pointed out in her essay, this is no longer the case — women are finding other ways to express themselves through clothing that fits their bodies, their styles and their budgets, from making clothes themselves to shopping at independent designers and boutiques.We still have a long way to go, but for every major retailer that dips a toe into the market and just as quickly pulls back, there are new designers and stores willing to step in and take their place.Plus-size women deserve more and deserve better. Those who won’t cater to them do so at their own peril.Shanna GoldstoneNew YorkThe writer is the founder and C.E.O. of Pari Passu, an apparel company that sells clothing to women sizes 12 to 24.To the Editor:Plus-size people aren’t the only folks whose clothing doesn’t fit. I wore a size 10 for decades, but most clothes wouldn’t fit my wide well-muscled shoulders. Apparently being really fit is just as bad as being a plus size.I wasn’t alone; most of my co-workers had similar problems. Don’t even get me started about having a short back and a deep pelvis. I found only one brand of pants that came close to fitting and have worn them for almost 40 years. They definitely are not a fashion statement.Eloise TwiningUkiah, Calif.To the Editor:Thank you, Elizabeth Endicott, for revealing the ways that historically marginalized consumers grapple with retail trends. You recognized that “plus size is now the American average.”As someone who works for a company that sells clothing outside of the traditional gender binary, I’d add that gender neutral clothing will also soon be an American retail norm. It’s now up to large-scale retailers to decide if they want to meet this wave of demand, or miss out on contemporary consumers.Ashlie GrilzProvidence, R.I.The writer is brand director for Peau De Loup.Why Trump’s Supporters Love HimSam Whitney/The New York TimesTo the Editor:Re “The Thing Is, Most Republicans Really Like Trump,” by Kristen Soltis Anderson (Opinion guest essay, Aug. 30):Ms. Anderson writes that one of the most salient reasons that Republican voters favor Donald Trump as their presidential nominee is that they believe he is “best poised” to beat Joe Biden. I do not concur.His likability is not based primarily on his perceived electability. Nor is his core appeal found in policy issues such as budget deficits, import tariffs or corporate tax relief. It won’t even be found in his consequential appointments to the Supreme Court.Politics is primarily visceral, not cerebral. When Mr. Trump denounces the elites that he claims are hounding him with political prosecutions, his followers concur and channel their own grievances and resentments with his.When Mr. Trump rages against the professional political class and “fake news,” his acolytes applaud because they themselves feel ignored and disrespected.Mr. Trump is more than an entertaining self-promoter. He offers oxygen for self-esteem, and his supporters love him for it.John R. LeopoldStoney Beach, Md.ChatGPT Is Plagiarism“I do want students to learn to use it,” Yazmin Bahena, a middle school social studies teacher, said about ChatGPT. “They are going to grow up in a world where this is the norm.”Ricardo Nagaoka for The New York TimesTo the Editor:Re “Schools Shift to Embrace ChatGPT,” by Natasha Singer (news article, Aug. 26):What gets lost in this discussion is that these schools are authorizing a form of academic plagiarism and outright theft of the texts authors have created. This is why over 8,000 authors have signed a petition to the A.I. companies that have “scraped” (the euphemistic term they use for “stolen”) their intellectual properties and repackaged them as their own property to be sold for profit. In the process, the A.I. chatbots are depriving authors of the fruits of their labor.What a lesson to teach our nation’s children. This is the very definition of theft. Schools that accept this are contributing to the ethical breakdown of a nation already deeply challenged by a culture of cheating.Dennis M. ClausenEscondido, Calif.The writer is an author and professor at the University of San Diego.The Impact of China’s Economic WoesThe Port of Oakland in California. China only accounted for 7.5 percent of U.S. exports in 2022.Jim Wilson/The New York TimesTo the Editor:Re “China’s Woes Are Unlikely to Hamper U.S. Growth” (Business, Aug. 28):Lydia DePillis engages in wishful thinking in arguing that the fallout of China’s deep economic troubles for the U.S. economy probably will be limited.China is the world’s second-largest economy, until recently the main engine of world economic growth and a major consumer of internationally traded commodities. As such, a major Chinese economic setback would cast a dark cloud over the world economic recovery.While Ms. DePillis is correct in asserting that China’s direct impact on our economy might be limited, its indirect impact could be large, particularly if it precipitates a world economic recession.China’s economic woes could spill over to its Asian trade partners and to economies like Germany, Australia and the commodity-dependent emerging market economies, which all are heavily dependent on the Chinese market for their exports.Desmond LachmanWashingtonThe writer is a senior fellow at the American Enterprise Institute.The ‘Value’ of CollegeSarah Reingewirtz/MediaNews Group — Los Angeles Daily News, via Getty ImagesTo the Editor:Re “Let’s Stop Pretending College Degrees Don’t Matter,” by Ben Wildavsky (Opinion guest essay, Aug. 26):There are quite a few things wrong with Mr. Wildavsky’s assessment of the value of a college education. But I’ll focus on the most obvious: Like so many pundits, he equates value with money, pointing out that those with college degrees earn more than those without.Some do, some don’t. I have a Ph.D. from an Ivy League university, but the electrician who dealt with a very minor problem in my apartment earns considerably more than I do. So, for that matter, does the plumber.What about satisfaction, taking pleasure in one’s accomplishments? Do we really think that the coder takes more pride in their work than does the construction worker who told me he likes to drive around the city with his children and point out the buildings he helped build? He didn’t need a college degree to find his work meaningful.How about organizing programs that prepare high school students for work, perhaps through apprenticeships, and paying all workers what their efforts are worth?Erika RosenfeldNew York More

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      Zimbabwe’s Neighbors Cast Doubt on Elections That Gave Mnangagwa the Win

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      The main regional bloc in southern Africa and the African Union declined to rubber stamp the elections and cast doubt on a vote that led to President Emmerson Mnangagwa’s re-election.The presidential election in Zimbabwe last week that kept the governing party in power and was widely criticized as dubious is likely to isolate the country further from the United States and other Western nations. But it has also exposed Zimbabwe to increased scrutiny and pressure from a surprising place: its neighbors in southern Africa.Before President Emmerson Mnangagwa was declared the winner of a second term on Saturday, the Southern African Development Community and the African Union publicly questioned the legitimacy of Zimbabwe’s elections for the first time.While Zimbabwe has chalked up criticism from the West as colonial gripes, condemnation from other leaders on the continent may not be so easily brushed off, analysts say, particularly when it comes from countries that have to absorb the effects of Zimbabwe’s economic and social turmoil.On Sunday, speaking for the first time since his victory, Mr. Mnangagwa dismissed his African critics.“As a sovereign state, we continue to call on all our guests to respect our national institutions, as they conclude their work,” he said. “I think those who feel the race was not run properly should know where to go to complain. I’m so happy that the race was run peacefully, transparently and fairly in broad daylight.”Southern Africa has long prided itself on relative stability and on being generally free of the coups and terrorism that have plagued other parts of the continent. Countries like South Africa and Botswana boast economic muscle, while Zambia and Malawi have celebrated positive strides in democracy through elections in recent years.Zimbabwe, in contrast, has been seen as a drag on the region, analysts say, with an economic and political crisis that stretches back two decades under the rule of Robert Mugabe and that has led to sanctions and isolation by the United States and other Western nations. The West has demanded clean elections along with governing and human rights reforms from Zimbabwean leaders in exchange for helping the country address its economic woes, including $18 billion of debt.Supporters of Mr. Mnangagwa celebrated after he was declared the winner in Harare, Zimbabwe, on Saturday.Tsvangirayi Mukwazhi/Associated PressThe Southern African Development Community, or S.A.D.C., observer mission criticized laws in Zimbabwe that restricted free speech, voter intimidation by the governing ZANU-PF party and mismanagement by the country’s chief electoral body, most notably the long voting delays because many polling stations did not get ballots in time. The mission also denounced the arrest on election night of dozens of members of a local electoral watchdog that has for years independently verified the results announced by the government.While the election was peaceful, some aspects “fell short of the requirements of the Constitution of Zimbabwe” and regional standards, said Nevers Mumba, a former Zambian vice president who led the mission.That statement was a sharp departure from years past, when S.A.D.C. missions essentially rubber-stamped questionable Zimbabwean elections, analysts said. It could be a sign of the changing times.Governing parties in southern Africa generally share tight bonds, forged during their days as liberation movements battling white colonial rule. In the past, regional observers, perhaps influenced by those historic allegiances, may have been prone to give Zimbabwe a pass, experts said.But Zambia’s president, Hakainde Hichilema, who leads the S.A.D.C. body overseeing elections and appointed Mr. Mumba to lead the observer mission, is not from a liberation party, is close to the West and is heralded as a champion of democracy. Those credentials, experts say, may have produced a more objective assessment of the election.Chipo Dendere, a political science professor at Wellesley College in Massachusetts, said she saw a broader shift among regional bodies across the continent that want to promote stability.They are acknowledging that “the impact of colonialism is there, but we also have to look inward and think, ‘What are we doing as African governments to move the continent forward?’” said Ms. Dendere, who has researched Zimbabwe extensively.But political party officials in other parts of southern Africa don’t seem ready to give up on their longtime allies just yet.The ZANU-PF conference hall in Harare, where portraits of former party leaders and freedom fighters are displayed. Nelson Chamisa, who finished second behind Mr. Mnangagwa, rejected the results on Sunday.John Wessels/Agence France-Presse — Getty ImagesFikile Mbalula, secretary general of the African National Congress, the liberation party that has governed South Africa since 1994, posted glowing tweets on Saturday night applauding Mr. Mnangagwa’s victory — despite the fact that South Africa has the most to lose from Zimbabwe’s challenges.As Zimbabwe has grappled with astronomical inflation, a severe lack of jobs and a repressive government, hundreds of thousands (and potentially millions) of its citizens have fled to neighboring South Africa over the years. The large exodus has fueled deep anti-immigrant sentiment in South Africa, which is dealing with its own social and economic crisis.Nelson Chamisa, who finished second behind Mr. Mnangagwa, with 44 percent of the votes, rejected the results during a news conference on Sunday. Mr. Chamisa, the leader of Citizens Coalition for Change, claimed that the vote tally released by the electoral commission was false and that his party had the vote tally sheets recorded at polling stations that showed he had actually won.Speaking from a heavily guarded private residence in Harare, the capital, after several hotels refused to allow him to use their properties because of security concerns, Mr. Chamisa said he would take action to make sure the right results were known. But he did not specify if that meant going to the courts or protesting in the streets.“It is important that whoever sits on the throne of this country is aligned with legitimacy,” he said.It remains questionable whether S.A.D.C.’s tough assessment of Zimbabwe’s elections will lead to changes in the country.African countries could impose economic or administrative penalties — such as visa restrictions — on Zimbabwe if it fails to introduce reforms to improve its economy and transparency. But experts say that is highly unlikely. African leaders prefer one-on-one talks to work out their issues, but even then, they do not have a track record of holding one another accountable, analysts said.John Eligon More

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      Elecciones en Ecuador y Guatemala en 4 conclusiones

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      A los “outsiders” les fue mejor de lo esperado, lo que subraya la volatilidad de la política latinoamericana. A los candidatos que llamaron a emular las medidas enérgicas contra el crimen de El Salvador no les fue bien.El domingo, Ecuador y Guatemala celebraron elecciones que dejaron en evidencia algunas tendencias cruciales en América Latina como los esfuerzos anticorrupción, la creciente importancia de los votantes jóvenes y los llamados a emular las medidas enérgicas contra el crimen de El Salvador.En Ecuador, donde el asesinato del candidato presidencial Fernando Villavicencio este mes ensombreció la campaña, una política de la izquierda tradicional, Luisa González, se enfrentará en una segunda vuelta a Daniel Noboa, el heredero de una familia adinerada conocida por su imperio bananero.Y en Guatemala, el activista progresista y anticorrupción Bernardo Arévalo ganó la segunda vuelta de las elecciones presidenciales de manera aplastante contra una ex primera dama, Sandra Torres, asestando así un golpe al establishment político conservador del país.Debido a las preocupaciones latentes sobre la erosión del Estado de derecho y la influencia cada vez mayor de las bandas narcotraficantes en diferentes partes de América Latina, la votación fue observada de cerca en busca de señales de lo que podrían significar los resultados.A continuación, presentamos algunas conclusiones clave.El presidente de El Salvador, Nayib Bukele, ha tomado medidas enérgicas contra la violencia de las pandillas mediante arrestos masivos que perjudicaron a miles de personas inocentes.Brittainy Newman para The New York TimesLa delincuencia no fue el único tema en la mente de los votantesEcuador y Guatemala enfrentan una variedad de retos diferentes, y aunque las dificultades para gobernar de manera efectiva en ambos países son bien conocidas, los nuevos líderes tendrán que lidiar con tener bajo control el crimen organizado y crear oportunidades económicas para mantener a sus ciudadanos en casa y evitar que emigren.La estrella del momento en la escena política de América Latina es el presidente populista conservador de El Salvador, Nayib Bukele, debido a su éxito en el uso de tácticas de línea dura para sofocar la violencia de las pandillas, incluidos arrestos masivos que afectaron a miles de personas inocentes y erosionaron las libertades civiles. Pero las expectativas de que los entusiastas de las tácticas de Bukele sobre el crimen tendrían un camino fácil hacia la victoria se desvanecieron tanto en Ecuador como en Guatemala.“Es notable que en ninguno de los dos casos les haya ido bien a los admiradores descarados de las políticas severas de Nayib Bukele contra las bandas criminales en El Salvador”, dijo Michael Shifter, miembro principal de Diálogo Intermericano, una organización de investigación con sede en Washington.A pesar de la conmoción generada por el asesinato de Villavicencio, los candidatos explícitamente anticrimen en Ecuador dividieron su porción de los votos. A Jan Topic, quien se alineó estrechamente con Bukele, le fue mal a pesar de haber subido en las encuestas tras el asesinato.“Hizo una campaña de un solo tema que, en su mayoría, se enfocó en la seguridad”, dijo Risa Grais-Targow, directora para América Latina de Eurasia Group, sobre Topic. “Pero los votantes tienen otras preocupaciones, como las relacionadas con la economía”.De manera similar, en Guatemala —donde crecían los temores de un descenso hacia el autoritarismo— la promesa de Torres de implementar políticas al estilo de Bukele no logró ganar mucho impulso. En cambio, su rival la puso a la defensiva debido a que había pasado un tiempo bajo arresto domiciliario en relación con cargos de financiamiento ilícito de campañas.También influyeron en el resultado las maniobras de la autoridad electoral de Guatemala para simplemente descalificar a los candidatos que se consideraron amenazas al orden establecido.Uno de los candidatos expulsados de la contienda antes de la primera vuelta en junio fue Carlos Pineda, un outsider que buscaba replicar las medidas enérgicas contra el crimen de Bukele. La descalificación de Pineda y otros le abrió un camino a Arévalo, otro candidato independiente cuyas propuestas para combatir el delito son más matizadas.Los candidatos guatemaltecos intentaron capitalizar el apoyo de los jóvenes.Daniele Volpe para The New York TimesLos votantes jóvenes influyen en las eleccionesEn un grado notable, los resultados electorales en Ecuador y Guatemala dependieron de las decisiones de los votantes jóvenes. En Ecuador, Noboa, un empresario de 35 años, neófito de la política, estaba en los últimos lugares de las encuestas hasta hace apenas unas semanas.Pero aprovechando el apoyo de los jóvenes mientras se presentaba como un candidato independiente, Noboa se abrió camino inesperadamente hacia la segunda vuelta con cerca del 24 por ciento de los votos. (El reconocimiento de su apellido también podría haber ayudado; su padre, Álvaro Noboa, uno de los hombres más ricos de Ecuador, se postuló a la presidencia en cinco oportunidades).En Guatemala, el país más poblado de América Central, Arévalo, de 64 años, también se benefició del apoyo de los jóvenes, especialmente en las ciudades, quienes se sintieron atraídos por sus llamados a poner fin a la persecución política de activistas de derechos humanos, ambientalistas, periodistas, fiscales y jueces.Arévalo también mostró una postura más moderada sobre temas sociales. Aunque dijo que no buscaría legalizar el aborto o el matrimonio igualitario, dejó claro que su gobierno no permitiría la discriminación contra las personas por su orientación sexual.Esa postura, algo novedosa en Guatemala, contrastó en gran manera con la de Torres, quien seleccionó a un pastor evangélico como su compañero de fórmula y empleó un insulto contra personas homosexuales en la campaña electoral para referirse a los simpatizantes de Arévalo.Luisa González enfrentará a Daniel Noboa en la segunda vuelta de las elecciones en Ecuador.Johanna Alarcón para The New York TimesLa izquierda va en diferentes direccionesGuatemala y Ecuador ofrecieron visiones contrastantes de la izquierda en América Latina.Dentro del panorama político tradicionalmente conservador de Guatemala, Arévalo, quien critica gobiernos de izquierda como el de Nicaragua, a menudo es descrito como un progresista. En ese sentido se parece más a Gabriel Boric, el presidente joven y moderado de Chile, que a los agitadores de otras zonas de la región.El partido de Arévalo, Movimiento Semilla, el cual se formó tras las protestas anticorrupción en 2015, también es diferente a cualquier otro movimiento surgido en Guatemala durante las últimas décadas. Semilla llamó la atención por realizar una campaña austera y de principios, dejando claras sus fuentes de financiamiento, a diferencia del financiamiento opaco que prevalece en otros partidos. Otra fuente de inspiración para Semilla es el Frente Amplio de Uruguay, un partido de centro izquierda moderado y democrático.“Arévalo es un demócrata de pies a cabeza”, aseveró Will Freeman, miembro de estudios latinoamericanos del Consejo de Relaciones Exteriores.González, en contraste, proviene de un sector diferente de la izquierda latinoamericana, caracterizado en el caso de Ecuador por poner a prueba los controles y equilibrios democráticos, dijo Freeman. Es partidaria de Rafael Correa, un expresidente ecuatoriano que sigue siendo una fuerza dominante en la política del país a pesar de tener seis años fuera del poder.Correa, quien vive en Bélgica tras huir de una sentencia de prisión de ocho años por violaciones en el financiamiento de campañas, conserva una base sólida que oscila entre el 20 y el 30 por ciento del electorado.En gran medida, ese apoyo es resultado de la “nostalgia de ese momento de bienestar que hubo durante la era de Correa”, dijo Caroline Ávila, analista política en Ecuador.Arévalo obtuvo más votos que cualquier otro candidato en Guatemala desde que se restableció la democracia en el país en 1985.Daniele Volpe para The New York TimesLa imprevisibilidad marcó las contiendasLas elecciones tanto en Ecuador como en Guatemala destacaron una tendencia regional más general: la incertidumbre y volatilidad de la política latinoamericana.En ambos países, las encuestas fallaron en captar desarrollos cruciales. En Ecuador, donde Topic capitalizó las consecuencias del asesinato de Villavicencio, Noboa se abrió camino para pasar a la segunda vuelta.Y en Guatemala, Arévalo, un candidato académico que a veces lee sus discursos y carece de las habilidades oratorias de sus rivales, no fue visto como una amenaza por el establishment hasta que logró pasar a la segunda vuelta.Hoy, con su aplastante victoria, Arévalo obtuvo más votos que cualquier otro candidato desde que se restauró la democracia en Guatemala en 1985.Ese es un escenario que incluso muchos miembros del propio partido de Arévalo no vieron venir.Simon Romero More