President Cristina Fernandez de Kirchner administration canceled the widely protested farm export tax hike on Friday following four long months of protest and a stunning rejection by the Senate. First reactions from farmers was that the conflict is over.
Under the heading of Losing friends fast The Economist refers to the milestone last 48 hours in Argentina and concludes that if President Cristina Fernandez de Kirchner does not learn fast from her mistakes, she may go down as one of the longest-serving lame ducks in recent democratic history.