Former Argentine President Cristina Fernández de Kirchner (CFK) will be appointed chairwoman of the Justicialist (Peronist) Party (PJ) after La Rioja Governor Ricardo Quintela failed to produce the required number of endorsing signatures leaving the two-time head of state as the sole contender.
After former President Alberto Fernández was forced to resign as chairman of the Peronist Party given the domestic violence and corruption scandals in which he is involved, the vacancy opened up a new front that may well decide the future of Argentine politics in the years to come. While former President Cristina Fernández de Kirchner intends to fill the void, La Rioja Governor Ricardo Quintela came forward as a new option.
The Argentine province of La Rioja finally made do with its promise to issue a pseudo-currency of its own to meet debts within its territory. Officially named Debt Cancellation Bonds (Bocade), La Rioja's money is better known as Chacho whereby 1 Chacho = 1 Argentine peso.