Argentina’s President Mauricio Macri Concedes Election to Peronist Rival Alberto Fernández - News Summed Up

Argentina’s President Mauricio Macri Concedes Election to Peronist Rival Alberto Fernández


“We’re going to continue working for Argentines, being a healthy and constructive opposition,” Mr. Macri said. “I’ve never seen a government so disdained by the people,” said Juan Pérez, a 27-year-old truck driver who voted for Mr. Fernández. Mr. Fernández, 60, will inherit a cash-strapped government on the verge of defaulting on about $115 billion in foreign-currency bonds. Hit by a crisis of confidence, Mr. Macri saw his support slump as he struggled with market turmoil. Carmen Nuñez, 56 years old, wished Mr. Macri would have gotten a second term, believing the economy would improve under his management.


Source: Wall Street Journal October 28, 2019 00:41 UTC



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