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unhappycamper

(60,364 posts)
Sat Oct 24, 2015, 08:28 AM Oct 2015

Argentina won't likely cry much for Cristina Fernandez

http://www.dw.com/en/argentina-wont-likely-cry-much-for-cristina-fernandez/a-18799764

She's bold, she's critical of capitalism - and perhaps she's even corrupt. After four years as first lady and eight as president, the time has come for Cristina Fernandez de Kirchner to step aside.

Argentina won't likely cry much for Cristina Fernandez
Astrid Prange
24.10.2015

"I hope you don't need me in 2019," the Argentine media quoted President Cristina Fernandez de Kirchner as saying earlier this year. "What she actually meant is 'You will need me,'" says Dörte Wollrad, head of the Friedrich Ebert Foundation's (FES) bureau in Buenos Aires.

Clearly, leaving the presidential palace will be difficult for the 62-year-old Fernandez. In 2013, she tried to amend the constitution so she could run for a third term, but failed to win the necessary two-thirds of the vote in parliament.

Now, the Peronista who started her political career in 1989 as a lawmaker in Santa Cruz province is about to vacate her office after eight years as president. She leaves behind a shambles for Daniel Scioli, her probable successor and the candidate she has supported during the election campaign.

Tango on the Titanic

Inflation, state debt, stagnant exports, a lack of foreign currency reserves, protectionism and recession - Argentina is threatening to sink into economic chaos. As if that weren't enough, prices for soy and wheat, the country's most important exports, dropped 20-35 percent on the world market this year compared to 2014.
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