President Alberto Fernández suffered a severe setback in Argentina’s midterm elections amid widespread anger over high inflation and rising poverty, with his governing coalition losing control of the Senate and threatened with falling from its position as the biggest bloc in the Chamber of Deputies.

The triumph by the center-right coalition Together for Change will mean a tough final two years in office for the president, who must deal with the acute social crisis and also seek a debt refinancing agreement with the International Monetary Fund to stabilize the economy. It could also intensify divisions within the governing coalition.

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