72-12-2019 Latin American Economy & Business Report
Economy & Business Report
Trade set to decline across Latin America
Former Argentine president Cristina Fernández (2007-2015) is deriving enjoyment from mounting speculation over whether she will run for a seat in the federal senate in October’s mid-term elections. Over the course of the last week Fernández has rallied political support ahead of a putative bid, promising “to put an end” to the policies of economic adjustment under- taken by the centre-right government led by President Mauricio Macri. The most prominent national dailies argued that her political renaissance would jeopardise Argentina’s economic recovery if a more combative opposition set out with the sole intention of thwarting Macri’s legislative agenda, but her candidacy could also benefit the government by deepening divisions within the main opposition Partido Justicialista (PJ, Peronists).
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