Left revenge: who will lead Argentina

Левый реванш: кто возглавит АргентинуIn Argentina — one of the key countries in Latin America held presidential elections that could lead to the defeat of the incumbent, the right politician Mauricio Macri. Playing against a difficult situation in the economy: high inflation, local currency devaluation and rising unemployment, which has led to poverty a large number of Argentines.

A successful businessman and friend of U.S. President Donald trump, former mayor of Buenos Aires, Mauricio Macri came to power in Argentina in 2015. Before the presidential election, the policy was estimated at $5.5 million He promised to significantly improve the situation of citizens of the country, but he failed and now he can give the left the policy of Alberto Fernandez, who is considered a follower of the ideas of “Peronism” political ideology of the late President Juan Peron.

“The Peronism in Argentina — it is socialism with a human face turned towards the poor much more than the rich.

For example, Fernandez in the presidential campaign said that if you have in the property there are two houses, one of them to share with the homeless across the state the contract of social hiring”,

— says “Газете.Ru” the head of the Foundation of progressive politics, Oleg Bondarenko, who is in Argentina to study the election situation.

The reason for the possible defeat Makri financial problems of the country. “The economy has become a major issue for voters,” — says in his review of the pre-election situation, the broadcasting company “bi-Bi-si”.

The economy is in a serious condition, inflation now stands at 54.7 per cent (at the end of 2018 — 47,6%), and the state of Affairs in the state wittily called “macrozoom”. According to various estimates, from one to three million Argentines suffer from malnutrition (the country is home to more than 44 million people). High inflation and unemployment led to mass protests in the country. “Argentina devastated by inaction, hunger and poverty, and we demand answers,” — said earlier, one of the protest organizers Eduardo Belleboni.

Opponents of President Macri had actually made him a “vote of confidence”. In prior primaries, the coalition Alberto Fernandez “Front all” (Frente de todos) received 47,65% support. In turn, Macri coalition “Together for changes” (Juntos por el cambio) received from 32.08%.

In Argentina, the procedure of the election primaries in early voting — is required. It was established in 2009 and its purpose is to weed out the obviously impassable candidates who want to participate in presidential elections. However, the defeat in the primaries does not always lead to electoral defeat. In 2015 in the primaries defeated politician, the center-left Daniel Scioli — the head of the Alliance “Front for victory”. He beat the current President, Macri and the first round of the presidential elections, but the second still won the current President of the Makri.

Fernandez is not a new face for voters. He was head of Cabinet of the President of Argentina Nestor Kirchner, the, and then when his wife Cristina Fernandez Kirchner, whom he had invited to be his Vice-President. The ratio of both politicians were quite complex and even conflicting.

“The plan [Fernandez] was to combine the Peronism — the dominant political movement of Argentina, which has traditionally focused on workers, not business owners, but which in recent years has been shattered. And it will mean a reconciliation with his old enemy, Cristina Fernandez de Kirchner, the former President,” — writes the English edition of the Buenos Aires Times.

“According to surveys, the Fernandez-Kirchner ahead of the formula (tandem candidates in presidents and Vice-presidents) of the incumbent President by more than 15%. This will be enough to win in the first round. Even if Fernandez does not reach more than 45% of the vote,” says “Газете.Ru” political scientist Oleg Bondarenko.

As previously noted columnist for Forbes magazine augustino’s of Fontevecchia, Fernandez is not the classic type of politics-Peronist, but rather centrist, who resorts to radicalism in the fight for the electorate.

In case of victory of Fernades waiting for a heavy legacy — Argentina is on the verge of default, and it will need to make a number of tough measures to stabilize the economy. However, markets may react negatively to win: “due To the traditionally bad relationship hidden leader leading tandem — Cristina Kirchner — with the IMF, the Argentine peso, which has fallen over the last six months by almost half against the dollar on October 28 — the day after the election — could lose another 20% of its value,” says Bondarenko.


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