Tag: Mauricio Macri

Friday, August 16th 2019 - 07:21 UTC
“If Cristina Kirchner gets in and closes the economy,” Brazil will leave Mercosur

Brazil will pull out of the Mercosur trade bloc if the opposition party wins Argentina’s presidential elections later this year and closes the economy with protectionist policies, Brazil’s Economy Minister Paulo Guedes said on Thursday.
Thursday, August 15th 2019 - 05:53 UTC
Macri finally called Fernandez and had a “long and good” phone call, hopefully to help stabilize the economy

Argentine President Mauricio Macri finally, on Wednesday, reached out to the winner of Sunday’s primary vote -- initially through a Whatsapp message. The message led to a “long and good” phone call between the two, the first since Alberto Fernandez’s resounding victory turned him into the clear favorite to win the Oct. 27 election.
Thursday, August 15th 2019 - 05:30 UTC
Macri announces measures to cut taxes and prop consumption hopefully to brighten Argentine pockets

Argentine President Mauricio Macri on Wednesday unveiled a package of welfare subsidies and tax cuts for lower-income workers to lessen the impact of an economic crisis just months before a re-election bid, but his announcement did not halt the peso currency's collapse.
Wednesday, August 14th 2019 - 09:08 UTC
What will be the IMF's reaction to the new Argentine political scenario?

Argentina's peso slipped further against the dollar Tuesday while the stock market partially recovered as South America's third-largest economy continued to take a pummeling in the wake of pro-business President Mauricio Macri's crushing defeat in party primaries.
Wednesday, August 14th 2019 - 08:08 UTC
Argentina’s political rivals must face up to urgent economic realities

By Héctor Torres (*) for Financial Times - Argentina went to the polls on Sunday to choose the candidates in the presidential election to be held on October 27. However, there were no competing candidates as all the main parties only presented one option.
Tuesday, August 13th 2019 - 09:51 UTC
Macri vows to win a second term in October despite Sunday's trouncing

Argentina's president Mauricio Macri vowed on Monday to win a second term despite a surprisingly strong performance by the opposition in the primary election that set off a shockwave through markets, crashing the peso currency and sending stocks and bonds tumbling.
Monday, August 12th 2019 - 05:55 UTC
Landslide victory for the opposition in Argentina: Macri's reelection undermined; challenging Monday for markets

President Mauricio Macri suffered a crushing defeat as Argentines voted in party primaries on Sunday ahead of October's general election. Given that all of the recession-hit country's major parties have already chosen their presidential candidates, the primaries effectively served as a nationwide pre-election opinion poll.
Saturday, August 10th 2019 - 09:59 UTC
On Sunday 33.8 million Argentines will decide if they still believe in populism

Argentines are facing what is probably the tightest presidential race since the return of the country’s democracy in 1983 with conservative President Mauricio Macri facing an opposition ticket including ex-President Cristina Fernández, and the primary elections Sunday are expected to provide a hint of who might win October’s vote.
Saturday, August 10th 2019 - 06:29 UTC
The Economist on Mauricio Macri's reelection chances in Argentina

Ahead of Sunday's primaries' mandatory vote, The Economist published the following on Argentine president Macri's chances of reelection, in what seems a very tight competition with Kirchnerism.
Friday, August 9th 2019 - 10:59 UTC
Argentina's Sunday primaries, a first test for President Macri's reelection aspiration

Argentina’s election primary on Sunday will determine President Mauricio Macri’s chances of winning a second term in October, with the country’s embattled peso currency expected to take a fresh beating next week if the business-friendly does not accomplish as expected.