📰🧵🇦🇷 ALL OF THIS HAPPENED IN @JMilei's ARGENTINA THIS WEEK! Likes and RTs are greatly appreciated! 1️⃣ BRAZIL VOTES TODAY: A FLÁVIO BOLSONARO WIN WOULD HAND MILEI A KEY ALLY IN LATIN AMERICA'S BIGGEST ECONOMY Brazil holds its presidential runoff this Sunday, October 25, and a @FlavioBolsonaro win over @LulaOficial would give Javier Milei a powerful new ally in the region's largest economy and Argentina's historic top trade partner, with Latin America increasingly shifting to the right. It would also revive a crucial question: whether a Bolsonaro government could push to loosen and reform the Mercosur trade bloc. 📈 The optimism was priced in following in the first round. The day after that vote, Argentine sovereign bonds rose as much as 1.8%, and Brazil-exposed stocks jumped: $MELI, which gets about half its revenue from Brazil, +9.7% $TEO +6.7% $GGAL +6.6% $YPF +3.0% How much Argentine assets might add this time around is still to be seen, with investors increasingly thinking about Milei's reelection prospects.

The Argentina Brief's @franaldaya was in Paris covering the second "Argentina Week" of the year, held at the Argentine Embassy and the OECD, among other locations. This was his main takeaway from his coverage for Bloomberg Línea: The Total Energies announcement in Vaca Muerta.