Bloomberg: Argentine President Milley, who is deeply involved in the LIBRA scandal, may avoid paying a heavy political price due to his performance

Odaily Planet Daily News As the LIBRA scandal continues to ferment, it is unclear how Millet will be affected 10 months before Argentina's midterm elections. The opposition quickly threatened legal action and an impeachment trial, but the impeachment trial is unlikely to progress because a two-thirds majority in Congress is required. The main center-right party of former market-friendly President Mauricio Macri, who supported Millet's reforms, has so far expressed disappointment but rejected the Peronist opposition's attempt to remove Millet. Pollsters say Millet may still avoid paying a major political price because inflation is falling, wages are rising and the economy is growing. His approval rating has hovered around 47% for months, while all other parties in Argentina have lower and more scattered support. But the incident has once again raised concerns about his sometimes erratic personality and decisions. "Macroeconomic balance needs to go hand in hand with emotional balance, and this kind of thing creates a lot of unnecessary uncertainty," said Alejandro Catterberg, director of Buenos Aires consultancy Poliarquia. Meanwhile, Milley will travel to Washington this week, hoping to meet with Trump and gain his support for Argentina to get more money from the International Monetary Fund, while the new plan is still under negotiation, and Argentina may also be exempted from Trump's tariffs. (Bloomberg)