Argentine Bonds Drop As Milei's Veto Suffers Setback in Congress
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Argentine sovereign bonds fell Wednesday after lawmakers dealt a blow to one of President Javier Milei's vetoes as congressional opponents pushed back against his austerity campaign before October midterm elections.
Argentina's Lower House rejected the libertarian leader's veto of a bill that seeks to expand public spending on disability aid in a landslide 172-73 vote, achieving the two-thirds majority to send the legislation back to the Senate where Milei has even less support.
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