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Montevideo, November 17th 2018 - 16:06 UTC
Police accompanied by sniffer dogs searched the homes of Argentina's former president Cristina Kirchner on Thursday as the investigation intensified into the so-called “notebooks” corruption scandal that has rocked the country. Read full article
As the markets' reluctance to take risks in Argentina increases and revelations about false election campaign contributions in Buenos Aires province threatened to hit hard president Mauricio Macri, his potential alternate Maria Eugenia Vidal and their Cambiemos alliance, something had to be done - and fast.
Hence the launching of the Notebook affair - a desperate attempt to direct attention to former president Cristina Fernandez' alleged corruption and away from Cambiemos' own legal troubles and the country's worsening economic situation.
The long-announced searches in CFK's properties had, of course, little chances of success -- however, it mesmerized the country for a few days even if the the much-anticipated vaults full of cash were never found. Opinion polls show little impact on CFK's public support - two or three points lost, out of seven she had recently gained.
This lack of success is of course due to the Argentines' increasing difficult to meet month's end. Concerns about corruption have been displaced by others hitting hard people's day-to-day lives.
Inflation worries 61 per cent of Argentines, unemployment 46 per cent and poverty 41 per cent -- Corruption, in contrast, concerns 28 per cent of the citizens according to IPSOS.
So the old say 'it's the economy, stupid,' becomes more relevant by the day.
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