Argentine elected president Alberto Fernandez on Sunday called for ex-president Lula da Silva to be freed from prison, which most certainly puts him on a collision course with Brazil's Jair Bolsonaro.
International Monetary Fund chief Kristalina Georgieva on Monday congratulated Alberto Fernandez, winner of Argentina's presidential elections, and vowed to work with his government to stabilize the economy.
Brazil's President Jair Bolsonaro said late Sunday upon departing from Abu Dhabi after a two-day state visit that if the policies of Argentina's next president affect Mercosur's agreement with the European Union (EU), a solution may be to remove the southern neighbours from the bloc.
Argentine President Mauricio Macri conceded defeat in Sunday's presidential election, congratulating rival Alberto Fernandez on winning the election.
Argentine President Mauricio Macri's performance this Sunday following the trashing defeat he suffered last August during the PASO primaries (48% to 32%), was in effect quite surprising. He managed to recover eight points and cut the difference from 16 to eight points, 48% to 41%, besides winning in the main electoral districts of Argentina except for the always decisive Buenos Aires province.
On Sunday 33.8 million Argentines will vote for a president, for the renewal of the 130 members of the Lower House and a third of the Senate, 24 out of 72. But results should come as no surprise since a majority of the Argentine electorate has zapped to an old déjà vu show, fed up with president Mauricio Macri and his pro-business policies.
Argentines head to the polls on Sunday with the Peronist opposition strong favourites to take back the presidency from business-friendly reformer Mauricio Macri, who has been stung by a tumbling economy and financial crises.
A possible victory of opposition candidate Alberto Fernández in Argentina's presidential election on Sunday could put the Mercosur trade bloc at risk, Brazil's right-wing president, Jair Bolsonaro, said on Wednesday.
Argentine markets are set for another bout of nerves after the country holds a presidential election on Sunday, likely to confirm defeat for business-friendly President Mauricio Macri.
Argentine central bank international reserves stand at US$ 46.885 million following on Monday's rescue of different maturing bonds and support in the local market to help stabilize the price of the US dollar. This demanded some US$ 600 million.