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Oct 26, 2015

Argentina’s Massa gives ‘wink’ to Macri as run-off starting gun fires

BUENOS AIRES (Reuters) – Defeated Argentine presidential challenger Sergio Massa will give a tacit nod of support this week to rival Mauricio Macri, party sources said, giving an early boost to the opposition candidate’s scramble for votes ahead of next month’s run-off.

Macri delivered a humiliating blow in Sunday’s vote to outgoing leftist leader Cristina Fernandez and her candidate, Daniel Scioli, who had been tipped by some opinion polls to win outright and now faces a nail-biting battle in the second round.

Oct 26, 2015

Exclusive: Argentina’s Massa to give ‘wink’ to Macri in election run-off – sources

BUENOS AIRES (Reuters) – Sergio Massa, who placed third in the first round of Argentina’s presidential election, will give a quiet nod of support this week to opposition candidate Mauricio Macri for the run-off vote, three Massa camp insiders said on Monday.

Macri delivered an unexpected hammer blow in Sunday’s vote to the ruling Front for Victory party, whose candidate Daniel Scioli had been fancied to win outright but now faces a tight battle in the second round.

Oct 13, 2015

Scioli battles ‘puppet’ barbs in Argentina election race

BUENOS AIRES (Reuters) – Daniel Scioli is the clear front-runner in Argentina’s election because he has the support of outgoing President Cristina Fernandez. To win it, though, he now needs to convince swing voters he will not be her puppet.

The fiery leftist’s backing handed Scioli, a moderate within the broad Peronist movement, a support base worth almost one in three of all voters, especially in working-class areas where her welfare policies are popular.

Sep 28, 2015

Argentina underdog says will force way into presidential runoff vote

BUENOS AIRES, Sept 28 (Reuters) – Sergio Massa, running
third in Argentina’s presidential race, said on Monday he was
the only opposition candidate who could knock the ruling party
out of power and insisted he still had time to force his way
into a runoff vote.

Since primaries in early August, support has grown for
Massa, a dissident Peronist who defected from President Cristina
Fernandez’s Front for Victory party in 2013, recent polls show.
This has eaten away at support for opposition frontrunner
Mauricio Macri.

Aug 21, 2015

Argentine president presents law to prevent sale of state stakes in firms

BUENOS AIRES (Reuters) – Argentine President Cristina Fernandez said on Thursday she was sending a draft law to Congress making it harder for the government to sell state stakes in local firms, two months before elections seen bringing a more market-friendly leader to power.

With Fernandez barred from a third consecutive term, the two main candidates are her ruling party’s Daniel Scioli and the PRO opposition party’s Mauricio Macri. Both are expected to move away from her interventionist policies, to varying degrees.

Aug 13, 2015

Argentine welfare programs create bedrock of support for president

LA MATANZA, Argentina, Aug 13 (Reuters) – Catalina Benitez,
a single mother of four, used to cry whenever heavy rain flooded
her squalid, one-room shanty house on the outskirts of Buenos
Aires, rotting her furniture and overflowing the latrine.

Now, thanks to a government housing scheme in slums, she is
the proud owner of a two-floor brick house with running water,
electricity and a proper sewage system.

Jun 30, 2015

Argentineans’ pointers for Greeks: get cash, but don’t rush to exit

BUENOS AIRES (Reuters) – For shell-shocked Greeks struggling with temporarily shuttered banks, long lines at ATMs and limits on withdrawals, Argentineans who survived similar financial chaos more than a decade ago have some guidance. 

“The advice I would give is to go get your money out of the bank,” said Leo Suckewer, a Buenos Aires restaurant operator, recalling Argentina’s “corralito”, or freeze, on bank accounts in late 2001, aimed at halting a run on banks.

Apr 27, 2015

Buenos Aires primary swept by opposition presidential candidate’s party

BUENOS AIRES (Reuters) – The presidential campaign of Buenos Aires Mayor Mauricio Macri received a boost on Sunday when his pro-business party took nearly half the votes in a primary election in the Argentine capital he has run for the past eight years.

Macri has built a power base in Buenos Aires, which accounts for nearly 10 percent of the national vote, and is one of three leading candidates for October’s presidential election. President Cristina Fernandez is barred from a third term.

Apr 20, 2015

Argentine prosecutor dismisses case against president

BUENOS AIRES (Reuters) – An Argentine prosecutor on Monday dismissed allegations that President Cristina Fernandez tried to derail an inquiry into the bombing of a Jewish center in 1994, likely marking the end of the case.

Federal prosecutor Javier De Luca was assigned by Argentina’s top appeals court after the case had already been rejected by a lower court in February, a decision upheld by a lower appeals court on account of “lack of evidence.”

Apr 14, 2015

Argentina’s Scioli walks tightrope in hunt for party faithful, swing voters

LANUS, Argentina, April 14 (Reuters) – Daniel Scioli, the
front-running candidate for the ruling party ticket in
Argentina’s presidential election, has a new buzz word:
“gradualismo”, or “gradual change”.

It is hardly a slogan to set the campaign trail ablaze ahead
of the October 25 election. Instead it illustrates the tightrope
act he needs to pull off as he tries to win the support of
outgoing leftist President Cristina Fernandez’s loyalists while
tapping a rich vein of undecided voters demanding change.

    • About Pedro

      "Pedro da Costa has been covering economics and financial markets since 2001. He is currently based in Washington and focuses on the Federal Reserve and macroeconomic policy. Da Costa earned a Master's in international relations at the University of California San Diego and studied sociology and political science as an undergraduate at the University of Chicago and the London School of Economics. He grew up in Rio de Janeiro, Brazil."
      Joined Reuters:
      English, Portuguese, Spanish, French
      2011 Deadline Club Award from the Society of Professional Journalists' New York Chapter
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