Economic jitters as outsider leads Argentina election race

Argentina devalued the peso as economic jitters gripped the country on Monday after an anti-establishment candidate advocating harsh austerity measures surged to the front of the presidential race.

Fiery libertarian lawmaker Javier Milei, 52, scored the most votes in a presidential primary election on Sunday, in what local media referred to as a political earthquake in Latin America’s third-largest economy.