South America · Economy

Key Facts

— What stalled. A bill to repeal or rewrite 59 laws the government calls obsolete passed the lower house in May but has stuck in the Senate.

— Why it matters. It is the clearest sign yet that President Javier Milei cannot simply legislate his free-market agenda at will.

— The revolt. Centre-right radical senators, usually friendly to the government, pulled back at the last minute and the floor vote was shelved.