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Market
Outcome of the Argentina-Spain diplomatic row by end of 2024
5
Resolution / Starting Odds
Full diplomatic relations restored • 33%
Continued strained relations without escalation • 33%
Escalation to more severe diplomatic or economic measures • 34%
Media reports and official statements from both countries
Story
Argentina's Milei Sparks Diplomatic Row with Spain, Calls PM's Wife 'Corrupt'
May 19, 2024, 03:36 PM
Argentine President Javier Milei has sparked a diplomatic row during his three-day visit to Spain by making derogatory comments about Spanish Prime Minister Pedro Sanchez and his wife at a far-right rally in Madrid. Milei accused the socialist government of bringing 'poverty and death' to Spain and called Sanchez's wife 'corrupt.' In response, Spain has recalled its ambassador to Argentina for consultations. Milei's visit to Spain included attending the conservative VIVA 24 conference organized by the far-right Vox party and led by Santi Abascal, where he also criticized socialism and promoted his new book.
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Diplomatic ties maintained but strained • 33%
Additional diplomatic actions taken • 33%
Diplomatic ties normalized • 34%
Significantly worsened • 25%
Slightly worsened • 25%
Unchanged • 25%
Improved • 25%
Restoration of normal relations • 25%
Continued tension with no change • 25%
Escalation of tensions • 25%
Reduction in military presence by both nations • 25%
Positive response • 50%
Negative response • 50%
Significant decrease in trade volume • 33%
Minor or no impact on trade volume • 33%
Improvement in trade relations • 34%