Argentina's official transition in anticipation of 10 December when elected president Alberto Fernandez takes office, is scheduled to begin next Wednesday when Fernandez returns from his first overseas trip to Mexico.
Argentine president-elect Alberto Fernandez thanked British prime minister Boris Johnson for his congratulation message but also cautioned that he will not give up the sovereignty claim over the Falkland/Malvinas Islands.
Argentina's president-elect Alberto Fernandez pledged to lead the country in a new direction on Tuesday amid a “difficult” domestic backdrop, as financial markets jumped around with investors grasping for any signs of the Peronist's future plans.
Argentine president Mauricio Macri and president-elect Alberto Fernandez met on Monday midmorning at Government House, Casa Rosada, to discuss terms for an orderly transition until next 10 December when the new government takes office, plus exchange names of the two teams that will be involved in the discussions.
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.
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.
Argentina has been facing significant financial issues in the last decade, and Uruguay wealth management teams are poised to take advantage.