The Argentine government of president Mauricio Macri started a round of negotiations with big price setters as part of its bid to keep prices under control despite the recent devaluation of the peso. Domestic Trade Secretary Miguel Braun and Central Bank Governor Federico Sturzenegger met with the top representatives of the Argentine Chamber of Commerce (CAC) and representatives from medium-sized companies, who asked for cheap credit in exchange for the government’s goal of keeping prices in check.
An Argentine federal judge ruled Wednesday that the mandate of President-elect Mauricio Macri is to begin at midnight, though he will not officially be head of state until he takes the oath of office 12 hours later.
The annulment by a Tucuman court of a gubernatorial election in a stronghold of Argentina's ruling party, outraged officials of President Cristina Fernandez's administration and gave a boost to opponents ahead of the Oct. 25 presidential contest.