Tag Archives: Mauricio Macri

Argentinians are known for for slinging clever insults. Spaniards, for example, love Argentine “puteadas” so much that they created a website called “Curse like an Argentinian.” Now in the world of bad words, one stands out that, when received, mortally wounds the rival in the argument. It’s hard to recover after such an attack. Curiously, this insult can be written without violating the rules of decorum. It is the adjective “neoliberal.” This is how the local and...

What a difference an election can make. Just three months after Mauricio Macri became Argentina’s new president, the country is preparing to return to international debt markets for the first time in 15 years with a mid-April debt issuance of $11.68 billion. In lifting the long-standing injunctions that led Argentina to default in 2014, U.S. District Judge Thomas Griesa noted that, “President Macri’s election changed everything.”   Argentina’s debt saga dates back to 2001, when the...

Argentinian voters blew their country’s presidential race wide open on October 25 with an unexpectedly close vote that will force the country’s first-ever runoff election on November 22. But the victor of that contest will receive a dubious prize: Argentina’s next president will have to deal with a stalled economy, dwindling foreign exchange reserves, an overvalued currency, and a large budget gap.   Polls conducted just before the recent vote suggested that Daniel Scioli, who served...