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Arthur T Knackerbracket [soylentnews.org] writes:

Arthur T Knackerbracket has found the following story [aljazeera.com]:

Left-leaning Fernandez hails government of people, but central bank currency move shows no quick fix to economic woes.

Fernandez's win unleashed euphoria in parts of Buenos Aires, as supporters cruised the streets honking their car horns, and a wave of people surged towards the neighbourhood of Chacarita, where the official victory party was being held. 

Speaking to supporters at his party's headquarters, Fernandez thanked voters for showing a commitment to building a more equal Argentina. 

"We're going to be the Argentina that we deserve because it's not true that we're condemned to this Argentina," he said.

"We're going to enter the world with dignity. The government is back in the hands of the people!"

Macri conceded defeat and invited Fernandez for breakfast to begin the transition process.

"The only thing that matters here is the future and well-being of Argentines," he told his crowd of supporters, promising a "constructive opposition". 

In the meantime, he will be staring down the grim economic indicators [aljazeera.com] that have been eating away at the third-largest economy in Latin America. Poverty is up 8 points in the last year, at more than 35 percent. Unemployment has grown, thousands of small businesses have shuttered and inflation, a chronic problem in Argentina, is expected to hit 55 percent by the end of the year. 

Sandra Suarez, voter

 

SOURCE: Al Jazeera News

© 2019 Al Jazeera Media Network

 

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