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Weekly Report - 01 December 2016 (WR-16-47)

ARGENTINA: Congress gives Macri bloody nose

Provincial governors have snubbed President Mauricio Macri leading to his first significant defeat in the federal congress since taking office nearly a year ago. Macri had managed to push through congress highly contentious bills such as his government’s deal with the holdout hedge funds in the US but when it came to his proposed electoral reform he was repulsed. Government officials attributed the fierce resistance from governors to a feared loss of control over their personal fiefdoms which they transmitted to federal senators who duly shot down the bill.

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