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Weekly Report - 05 October 2017 (WR-17-39)

ARGENTINA: Macri winning tussle with Fernández

There are signs that President Mauricio Macri is getting the upper hand ahead of mid-term federal congressional elections on 22 October. Macri claimed this week that when he assumed power in December 2015 the country was like “a plane heading for a crash”, and that while it had been very challenging to get it to ascend again the economy is now growing, and poverty falling. Right on cue the national statistics institute (Indec) published figures for the first half of 2017 showing a decline in poverty. Meanwhile, Cristina Fernández (2007-2015), who is seeking a senate seat in the province of Buenos Aires, accused Macri of allowing his friends in big business to “take over the state”. But her credibility was damaged by the appearance of two of her closest allies in government appearing in court this week for corruption.

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