Four Takeaways From Argentina’s Game-Changing Midterm Elections
Four Takeaways From Argentina’s Game-Changing Midterm Elections
The president's center-right coalition swept Argentina's biggest provinces in mid-term elections, opening his path to reelection in 2019.
Investors wondering whether President Mauricio Macri’s tough austerity reforms had popular support heard a resounding “yes” on Sunday, when voters swept his center-right coalition to victory in Argentina’s five largest voting districts in a crucial mid-term election. While Macri’s success was expected, no party has managed this feat in mid-term elections since 1985.
Here are four conclusions to take away from the results:
1. There’s an open path to Macri’s re-election in 2019
In total, Macri’s coalition won in 12 provinces as well as the city of Buenos...
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