Trump and Bolsonaro salute Javier Milei as far right rejoice around the world

‘El Loco’ wins landslide victory in Argentina that experts say shows scale of frustration with Peronist status quo

• What does Argentina’s new president stand for?

Luminaries of the global far right are in raptures over Javier Milei’s thumping election victory in Argentina which experts predict will turn Buenos Aires into a new stomping ground for the populist radical right.

Donald Trump and Jair Bolsonaro led the merrymaking after their Argentinian ally trounced his rival, the Peronist finance minister Sergio Massa, by nearly 3 million votes in Sunday’s presidential election. The former US president predicted Milei would “truly make Argentina great again” while Brazil’s ex-president applauded a victory for “honesty, progress and freedom”. Bolsonarista and Mileísta activists predicted Milei’s win would be the first in a trio of rightwing conquests that would see Trump and Bolsonaro reclaim power in 2024 and 2026.