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.
Argentina's Navy training tall vessel ARA Libertad on her 48th voyage docked on Thursday in London, where she was received by the Argentine Ambassador to the United Kingdom, Carlos Sersale, representatives of the Royal Navy and members of the Argentine community in UK.
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.
Rating agency Fitch said on Thursday that Argentina’s weak credit fundamentals, in terms of both liquidity and solvency, limit the scope for a debt exchange that minimizes losses for investors beyond maturity extensions.
Argentina has been facing significant financial issues in the last decade, and Uruguay wealth management teams are poised to take advantage.
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.
Argentines are headed to the polls for their general election on Sunday Oct. 27. They will cast their votes against a backdrop of wide discontent with the way things are going in the country and little faith in their elected officials and public institutions, according to a Pew Research Center survey.
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.
Next Friday, Argentina's Frigate A.R.A. Libertad, the navy's school vessel will dock in London after 17 years. Under the command of Captain Romay, the arrival of one of the largest and fastest tall ships at the docks of South Quay in Canary Wharf will mark the half-way point on the 48th midshipman training voyage.