President Mauricio Macri stunned Argentines and markets on Tuesday by naming the head of the congressional opposition as his vice-presidential candidate in October's general election. Miguel Angel Pichetto, a 68-year-old lawyer and Senator from the province of Rio Negro has been a loyal and pragmatic member of the Peronist movement since he started in politics in the early eighties.
Miguel Angel Pichetto was born in Buenos Aires and moved to the Patagonian province of Río Negro early in his career. He was first elected in 1983 as a Councilor of Sierra Grande, then mayor (85/87) and later a provincial lawmaker.
The head of the IMF mission currently in Buenos Aires for the fourth review of the economic program signed by the administration of president Mauricio Macri last year, said that the Fund does not fear a possible return of ex president Cristina Fernandez to office.
Mauricio Macri's original plan was to address Argentina’s citizens on television on the final working day before the Easter break. But he opted for a folksier way of presenting an economic package that he hopes will rescue his chances of being re-elected president in October. He appeared in a taped video, knocking on the door of a house belonging to a young working-class couple, then sitting down with them to explain his plan.
Argentina’s economy contracted 2.5% in 2018, the official statistics agency said on Thursday, as the Latin American country’s leaders struggle to revive growth after being rattled by a currency crisis and steep inflation over the past year.
Argentine president Mauricio Macri said on Tuesday in New York addressing a meeting with potential investors that he was prepared to run for reelection next year, and that there will be no change of course, there is no plan B.
Argentine President Mauricio Macri is almost certain to run for re-election in 2019, his top campaign adviser said, even as he acknowledged that the leader's market-friendly reforms were unpopular among many poor Argentines.