Outgoing Argentine President Mauricio Macri and his successor Alberto Fernandez embraced for a few seconds on Sunday at the Lujan Basilica, the country's main sanctuary to the Virgin Mary. The gesture was minimum and a few seconds but it was done on request from the Catholic Church. Read full article
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Disclaimer & comment rules”...the outgoing president alleges he set the foundations for Argentina to grow strongly and...that stealing when (sic) government is much more difficult.”
Dec 09th, 2019 - 06:04 pm - Link - Report abuse 0Mauricio Macri was elected on a bunch of promises he forgot about as soon as he took office, and before leaving the presidency he throws in another set of lies.
In whatever shape the country was in December 2015, Macri leaves with all indicators showing a much worse situation in December 2019. Annual inflation, which was at about 25 per cent, is now around 50 per cent. Unemployment and poverty are on the rise. the Argentines' purchase power is in tatters, which is putting many small and medium-size business belly up. Topping it all, a foreign debt of the size of a GDP will require laborious discussions with the IMF in order to get a payments break so that Argentina can allocate resources to activate the economy.
Of course, Alberto Fernandez and his team are capable of achieving those goals.
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