Back

Weekly Report - 28 June 2018 (WR-18-25)

ARGENTINA: Macri’s respite brief

This week threw up an intriguing parallel between the performance of Argentina’s government and the national football team. President Mauricio Macri was widely heralded for transforming Argentina’s fortunes in the first two years of his term but with its economic and financial travails laid bare the Macri administration was compelled to return to the International Monetary Fund (IMF). The football team, also seemingly a success story, sank to a 3-0 defeat to Croatia last week in which it looked out of ideas and on the verge of exiting at the group stage of the Fifa World Cup for only the second time since 1962. But just as Macri bounced back after the index provider Morgan Stanley Capital International (MSCI) decided to upgrade Argentina so the football team rallied to qualify for the knockout stage of the Cup. Both, however, have a long way to go to complete their comeback.

End of preview - This article contains approximately 1021 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.