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Weekly Report - 28 January 2016 (WR-16-04)

ARGENTINA: Macri makes breakthrough at Davos

If President Mauricio Macri had scripted events himself it would not have been too different. Macri’s first appearance at the annual World Economic Forum (WEF) in the Swiss ski resort of Davos on 21 January culminated in two significant successes. Firstly, the US secretary of the treasury, Jack Lew, revealed that his government would drop its opposition to loans to Argentina from the multilaterals. Secondly, the British Prime Minister David Cameron extended a very cordial welcome to Macri, while both men signalled their willingness to push the thorny issue of sovereignty over the Falkland Islands (Malvinas) to one side in the interest of re-launching diplomatic relations.

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