Argentina Fever Is Back for Investors After Wait of 14 Years

Sunday’s election of opposition candidate Mauricio Macri marks a moment investors have been waiting for in Argentina for a long time.In the 14 years since the country carried out the biggest default the world had ever seen, international investors watched an economy that had long been one of their favorites turn into a pariah in global capital markets. Under the Kirchners -- first Nestor and then his wife, Cristina -- Argentina became best known for its byzantine foreign-exchange system, the seizure Read more [...]

Macri wins Argentina’s presidential election

BUENOS AIRES – Conservative opposition candidate Mauricio Macri won Argentina’s presidential election on Sunday after promising business-friendly reforms to spur investment in the struggling economy. Macri’s supporters swarmed to the Obelisk in the heart of Buenos Aires’ theatre district for a giant street party as subdued ruling party candidate Daniel Scioli conceded defeat. Argentina’s election body said Macri had 52.1 percent of votes and Scioli had 47.9 percent with returns in from Read more [...]

Conservative opposition challenger Mauricio Macri wins Argentina’s …

With nearly all the votes counted, Macri took 51.5 percent of the runoff vote, just ahead of ruling party candidate Scioli on 48.5 percent. "This is the beginning of a new era that has to carry us toward the opportunities we need to grow and progress," a dancing Macri told supporters at his headquarters late on Sunday. "This is a historic day, a change of era which is going to be marvelous," Macri said. Macri stood on a political platform to introduce liberal policies in a bid to boost Argentina's Read more [...]

Opposition candidate Mauricio Macri wins Argentina’s presidential election

Conservative opposition candidate Mauricio Macri comfortably won Argentina’s presidential election on Sunday after promising business-friendly reforms to spur investment in the struggling economy.Mr. Macri’s supporters swarmed to the Obelisk in the heart of Buenos Aires’ theatre district for a giant street party as subdued ruling party candidate Daniel Scioli conceded defeat. Argentina’s election body said Mr. Macri had 53 per cent of votes and Mr. Scioli had 47 per cent with returns in Read more [...]

Argentina opposition eyes chance to win presidency after 12 years

Argentines voted on Sunday in a run-off election that hands the centre-right opposition, led by Mauricio Macri, its best chance in more than a decade to wrest the presidency from the populist Peronists. A win by Mr Macri would set Argentina’s spluttering economy on a more free-market course that he promises would rebuild investor confidence. Outgoing president Cristina Fernandez, who was preceded in office by her late husband Nestor Kirchner, is as revered by the poor for her generous welfare programmes Read more [...]

Argentina holds first presidential run-off election

Argentina is holding its first presidential run-off election on Sunday.Polling places opened across the South American country at 8:00 a.m. and will close at 6:00 p.m.Some 32 million people are eligible to cast ballots in the run-off, which pits conservative Mauricio Macri, of the opposition Cambiemos coalition and the frontrunner in polls heading into the election, against Peronist Daniel Scioli, the candidate of the ruling Front for Victory.Macri and Scioli were the top two candidates Read more [...]

Argentina Votes for President

Argentina is holding it first ever presidential runoff election Sunday. The vote is widely seen as a referendum on the left-leaning policies of outgoing President Cristina Kirchner and her predecessor and late husband Nestor Kirchner.  Mauricio Macri, the center-right mayor of Buenos Aires and former boss of the popular football club Boca Juniors, was the surprise winner in the October 25 first round against ruling party candidate Daniel Scioli. Macri told his supporters he wanted to lift capital Read more [...]

Argentina Elections: Will the economy recover?

Argentina’s battered economy is suffering from a number of ills – and the two candidates in Sunday’s presidential election run-off vote offer starkly different remedies. But no matter who wins, there is a high risk of financial chaos in South America’s second-largest economy, with many observers feeling that the policies which rescued Argentina from its 2001-02 meltdown, and $100bn (£66bn) debt default, have now outlived their usefulness. Mauricio Macri, of the Conservative Read more [...]

Rugby: Argentina score seven tries in win over Barbarians

The two teams observed a moment of silence in memory of Jonah Lomu. Photo / Getty Argentina ran in seven tries to beat a Barbarians team containing five World Cup finalists 49-31 at Twickenham on Saturday. The Pumas warmed up in black No11 T-shirts in tribute to New Zealand great Jonah Lomu, who died this week at age 40. Argentina wear Jonah's No.11 shirts for their warm-up against Barbarians at Twickenham. https://t.co/RgNhxfQz23— Sky Sports Read more [...]

Argentina wear black No 11 jerseys as Lomu tribute

Argentina players warm up for the game wearing number 11 on shirts as a mark of respect to New Zealand player Jonah Lomu. Argentina have paid Jonah Lomu a poignant tribute by donning black No 11 jerseys during their warm-up before their match against the Barbarians in London.All Blacks wing Waisake Naholo, who played for the Barbarians, sported a RIP Jonah message on his wristband.A minute's Read more [...]