
In his first press conference as Argentine president-elect, Mauricio Macri announced on Monday he would not have a Secretary of Economy but rather an economic cabinet with six members, and anticipated that the team that will be taking office with him, as well as those in the province of Buenos Aires, will include many officials which do not come from the political system.

By Dr Alasdair Pinkerton - For the first time in 12 years, the new occupant of the Casa Rosada, the presidential palace in Buenos Aires, will no longer bear the surname Kirchner.

China congratulated Mauricio Macri on Monday for winning Argentina's presidential election and underlined the comprehensive strategic partnership.

United States State Secretary John Kerry congratulated on Monday newly elected president of Argentina Mauricio Macri saying Washington will cooperate “closely” with the administration that will take office on December 10.

Falkland Islanders also participated in Sunday's elections in Argentina by sending congratulation messages to president-elect Mauricio Macri while celebrating the fact that president Cristina Fernandez time comes to an end.

“Change is possible, thanks so much for having believed”, were the first words of Argentine president-elect Mauricio Macri when he appeared on stage at his packed headquarters in Buenos Aires, Sunday evening. Visibly emotional and euphoric, Macri said “it is a historic day for Argentina, a change of times. A change that will guide us to the future”.

Mauricio Macri is Argentina's next president following the results of Sunday's runoff, the first in Argentine history. He will take office on 10 December replacing president Cristina Fernandez and twelve years of uninterrupted Kirchnerism. Although definitive results are yet to be announced by electoral officials, the primary vote counting indicated that Macri was winning with a four percentage points over incumbent Daniel Scioli.

Argentine presidential opposition candidate Mauricio Macri closed his campaign ahead of Sunday 22 November runoff calling for change and unity while the incumbent hopeful Daniel Scioli said the option was between 'a development inclusive project' or the savage capitalism demon.

Argentina's much-watched soybean sowings will set a record this season, but the country is heading for a weaker wheat harvest, despite ideas of very good yields, the country's farm ministry said. In its first estimate the ministry said soybean sowings for 2015-16, pegged area at 20.6m hectares, a rise of 800,000 hectares year on year.

Argentina will likely end the year with a fiscal deficit of 3.5% of GDP, Economy Minister Axel Kicillof said on Wednesday, rejecting estimates by the opposition for a deficit around twice as high.