Argentine opposition candidate says ‘dialogue open’ but blames President Macri for market meltdown

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 92%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The primary results sent a shockwave through markets on Monday amid fears of a return to the past interventionist policies of Cristina Fernandez’s government, with the peso plunging 30 per cent to a record low before recovering slightly

Presidential candidate Alberto Fernandez pulled off a stunning upset in the primary with a wider-than-expected 15-point lead over incumbent President Mauricio Macri.Opposition candidate Alberto Fernandez said he was willing to collaborate with Argentina’s current government after his landslide victory in Sunday’s primary election sent the peso currency, stocks and bonds reeling, but he placed responsibility for the market meltdown on President Mauricio Macri.

“The dialogue is open, but I don’t want to lie to Argentines. What can I do? I’m just a candidate, my pen doesn’t sign decrees,” Fernandez said in an interview with Argentine TV channel Net TV broadcast late on Monday. Monday’s crash in the peso unnerved emerging market investors, with markets already jittery over the Sino-US trade war.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Quebec business lobby says province needs to boost immigration levels to meet labour-market needsThe group says Quebec needs about 60,000 immigrants annually — 20,000 more than the government plans on accepting in 2019 — if it hopes to reduce labour shortages across the province and spur economic growth i'd be willing to move to QC for work, my contract ends in 7 months If labour market needs are not being met at the current levels then the number of immigrants being admitted is not the issue. The quality of those immigrants is. Poor Quebec!!After passing their racist laws I imagine they are not getting any more millions from the rich Arab immigrants. Lol.
Source: globeandmail - 🏆 5. / 92 Read more »