With trading much more relaxed on Friday ended the several days of money market uncertainty leading to Argentina Sunday´s primary election, an anticipation of what can happen in the midterm elections of 22 October when President Mauricio Macri's economic reforms will be put to test in the polls, and hopefully his coalition will increase its congressional support.
Former Argentine President Cristina Fernandez will top the Citizen Unit's Senate ticket in the province of Buenos Aires for the upcoming primary PASO elections on August 13, alongside her former Foreign Minister Jorge Taiana, it was announced.
Following claims of 'friendly fire', cracks are clearly surfacing in the Argentine ruling coalition strategy to conquer lost ground in the 25 October presidential vote which has forced a runoff on 22 November. Daniel Scioli was expected to beat his runner up by almost ten votes, but this did not happen, in effect Mauricio Macri was defeated by a mere 2.5 percentage points and his PRO party won the governorship of the strategic Buenos Aires province, Argentina's main electoral district.
In a display of her political standing, Argentine president Cristina Fernandez confirmed Daniel Scioli as her Victory Font's grouping presidential candidate forcing the other hopeful, whom she had also encouraged, Interior and Transport Minister Florencio Randazzo to step down from his candidacy.
Maximo Kirchner, Argentina's president Cristina Fernández son name, has surfaced as a possible candidate running for the coming October presidential and legislative elections, with several hopefuls admitting such an option and praising his conditions and political organization.
Buenos Aires province governor Daniel Scioli and Interior and Transport Minister Florencio Randazzo will be the only Argentine presidential candidates to compete in the coming August incumbent Victory Front, PASO primaries.
China’s rolling stock manufacturer China South Railway, CSR-Sifang will establish a presence in Argentina in a workshop currently ran by State-owned Trenes Argentinos Operadora Ferroviaria, Interior and Transport minister Florencio Randazzo announced on Tuesday.
Argentine Vice-president and acting president while Cristina Fernandez is off to Brazil, and who was summoned this week for a hearing in a criminal probe for alleged irregularities in the purchase of a vehicle, was granted another seven days, but if he does not turn up Federal Judge Claudio Bonadio will ask Congress for his impeachment.
Sunday's midterm election in Argentina has become crucial for the government of President Cristina Fernandez who must retain control of Congress in the last two years of her mandate ahead of the 2015 presidential election, otherwise she runs the risk of becoming a lame duck accompanied by a most unwished end for the legacy of the Kirchner couple decade-plus rule.
Chilean Foreign minister Alfredo Moreno said that flag carrier Aerolíneas Argentina can access the Chilean domestic market whenever they wish, discarding any impediments or veto to such an option.