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[1/2] People shop in a used clothing shop in Buenos Aires, Argentina May 14, 2019. Today prices are unthinkable," said Aylen Chiclana, a 22-year-old student in Buenos Aires. Beatriz Lauricio, a 62-year-old semi-retired teacher, said that she and her husband, a bus company employee, go on weekends to a clothing fair to sell old garments to make ends meet. "We simply can't buy new things. You can't buy new sneakers, you can't buy new flip-flops, you can't buy new jeans, you can't buy a shirt or a T-shirt either.
Persons: Agustin Marcarian, Javier Milei, Sergio Massa, Aylen Chiclana, Beatriz Lauricio, Lauricio, María Silvina Perasso, María Teresa Ortiz, Claudia Martini, Miguel Lo Bianco, Lucila Sigal, Adam Jourdan, Rod Nickel, Leslie Adler Organizations: REUTERS, Economy, Peronist, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Brazil, Tigre
[1/2] Argentina's presidential candidate Sergio Massa addresses supporters as he reacts to the results of the presidential election, in Buenos Aires, Argentina October 22, 2023. Center-left Peronist economy chief Sergio Massa faces libertarian outsider Javier Milei in the Nov. 19 vote, with polls suggesting a likely photo finish. "Both are scary," said Gonzalez, adding that most people she knew were planning to cast their votes for Milei. Massa pulled off a surprise win in the October first round, attracting 9.6 million votes, ahead of Milei on 7.9 million. There were nearly 10 million votes for other candidates, people who voted blank or spoiled ballots.
Persons: Sergio Massa, Martin Cossarini, Javier Milei, Pragmatist Massa, Fatima Gonzalez, Gonzalez, Massa, Joaquin Gonzalez, Milei, Patricia Bullrich, Mauricio Macri, Juan Schiaretti, Maria Elena Bazzano, Argentine Pope Francis, Luiz Inacio, Lula, da Silva, Romina Viola, Alberto Fernandez, Fernandez, Lucinda Elliott, Adam Jourdan, Rosalba O'Brien Organizations: REUTERS, Peronist, Milei, Massa, Reuters Graphics, Reuters, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Cordoba province, Milei, Cordoba, China, Argentine, Brazilian
[1/2] People shop in a used clothing shop in Buenos Aires, Argentina May 14, 2019. Today prices are unthinkable," said 22-year-old student Aylen Chiclana in Buenos Aires. Beatriz Lauricio, a 62-year-old semi-retired teacher, said that she and her husband, a bus company employee, go on weekends to a clothing fair to sell old garments to make ends meet. "We simply can't buy new things. You can't buy new sneakers, you can't buy new flip-flops, you can't buy new jeans, you can't buy a shirt or a T-shirt either.
Persons: Agustin Marcarian, Javier Milei, Sergio Massa, Aylen Chiclana, Beatriz Lauricio, We're, Lauricio, María Silvina Perasso, María Teresa Ortiz, Claudia Martini, Miguel Lo Bianco, Lucila Sigal, Adam Jourdan, Rod Nickel Organizations: REUTERS, Peronist, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Brazil, Tigre
Scientists say such extreme weather is becoming increasingly common globally because of climate change, which also intensifies the effects of El Nino. Never before has Lake Titicaca dried up like it is now. Experts say many of the factors contributing to the shrinking of Lake Titicaca could be linked to climate change. In global terms we have climate change, and phenomena such as El Nino and La Nina, which cause floods and droughts." Back at Lake Titicaca, Fredy Aruquipa, the person in charge of monitoring the lake's water level, watches it decline daily.
Persons: Alex Flores, Claudia Morales, Manuel Flores, El, Flores, Xavier Lazzaro, Rodney Camargo, La Nina, Fredy Aruquipa, Monica Machicao, Sergio Limachi, Isabel Woodford, Adam Jourdan, Andrea Ricci Organizations: REUTERS, El, Friends, Nature Foundation, El Nino, La, Thomson Locations: Lake Titicaca, Bolivia, South, El Alto, El Nino, Titicaca, United States, Asia
[1/4] Argentina's presidential candidate Sergio Massa speaks during a press conference a day after the first round of Argentina's presidential election, in Buenos Aires, Argentina October 23, 2023. But they are cautious about making hard predictions on the back of two bruising election surprises. However, pollsters Reuters spoke to said it was a "wide open" race and that either candidate could triumph. Lautaro Díaz, 35, who intends to vote for Milei, said Bullrich's backing had made the "possibility of (Milei) winning more real." Federico Aurelio, head of pollster Aresco, said the race was wide open, with plenty of time for skeptical voters to change their minds.
Persons: Sergio Massa, Cristina Sille, Javier Milei, Milei, pollsters, Vilker, Trespuntozero, Massa, Patricia Bullrich, Analogias, Bullrich, Lautaro Díaz, Matteo Bettini, Federico Aurelio, pollster Aresco, Nicolas Misculin, Horacio Soria, Adam Jourdan, Rosalba O'Brien Organizations: REUTERS, pollsters Reuters, Milei, Massa, University of San, Atlas Intel, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Massa, University of San Andres, Peronist
[1/4] Argentina's presidential candidate Sergio Massa speaks during a press conference a day after the first round of Argentina's presidential election, in Buenos Aires, Argentina October 23, 2023. REUTERS/Cristina Sille/File Photo Acquire Licensing RightsBUENOS AIRES, Nov 6 (Reuters) - Argentina election polls are showing an increasingly tight race between Peronist economy minister Sergio Massa and radical libertarian Javier Milei ahead of a runoff ballot on Nov. 19. The new poll surveyed 2,324 people between Nov. 1-3 and claimed a margin of error of 2.4%. "The difference in favor of Sergio Massa was reduced from 8 to 3 points compared to the first three days after the general election, when the impact of his win shook everything up," Analogias said. Another poll, from Brazil-based Atlas Intel, meanwhile, showed Milei ahead of Massa with 48.5% to 44.7%, with some 7% of people responding "don't know" or saying they would vote blank.
Persons: Sergio Massa, Cristina Sille, Javier Milei, Analogias, Massa, Milei, Patricia Bullrich, Mauricio Macri, Adam Jourdan, Jonathan Oatis Organizations: REUTERS, International Monetary Fund, Milei, Massa, Intel, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Brazil
"The truth is that I work with the car and it's like looking for water in the desert," said 38-year-old Cabify driver Raul Paretto. "It is distressing because you don't know on a day-to-day basis what can happen; we are living one day at a time." EXPORT HALT THREATOil executives cited planned halts at local refineries, which provide 80% of domestic supply, and the country's scarce foreign currency reserves that have held up imports. Argentina's government has fixed a local oil price at $56 per barrel, far below the international price around $86 to try to calm local inflation of nearly 140%. loadingA second industry source, also declining to be named, also said that the issue was not output, but issues in refining the crude oil and the hurdles to bringing in imports.
Persons: Sergio Massa, Javier Milei, Raul Paretto, Leonardo Villa, Jorge Chemes, Massa, Vaca Muerta, Eliana Raszewski, Claudia Martini, Maximilian Heath, Adam Jourdan, Barbara Lewis, Jonathan Oatis Organizations: Argentine Rural Confederations, Reuters, Thomson Locations: BUENOS AIRES, Argentine, Peronist, Buenos Aires, Argentina, Vaca
Up for grabs are 8.8 million votes that went to the three losing candidates, conservative Patricia Bull, moderate Peronist governor Juan Schiaretti and leftist Myriam Bregman. Reuters GraphicsSchiaretti and Bregman, both left-leaning, in theory should shed most of their combined 2.5 million votes to Massa in the Nov. 19 head-to-head. Bullrich's 6.3 million would likely favor Milei more, but moderates in her coalition could shift to Massa. Centrist Buenos Aires city mayor Horacio Larreta lost the conservative Together for Change's internal primary to Bullrich, but did get nearly 2.7 million votes, many of which shifted to her. Luana Molenberg, a 20-year-old worker in Buenos Aires, said she hoped the anti-Milei vote would get behind Massa: "I'm very afraid that Milei will win."
Persons: Sergio Massa, Javier Milei, Agustin Marcarian, Patricia Bull, Juan Schiaretti, Myriam Bregman, Milei, Massa, Shila Vilker, Trespuntozero, Cristina Fernandez de Kirchner, Horacio Larreta, Ramiro Vitale, Luana, Federico Aurelio, Nicolas Misculin, Juan Bustamante, Adam Jourdan, Aurora Ellis Organizations: Argentine, University of Buenos, Law School, REUTERS, Peronist, Massa, International Monetary Fund, Reuters, Reuters Graphics, Reuters Graphics Reuters, Thomson Locations: University of Buenos Aires, Argentina, BUENOS AIRES, South, Bullrich, Buenos Aires
Argentina's presidential candidate Sergio Massa addresses supporters, as he reacts to the results of the presidential election, Argentina October 22, 2023. Bonds have also been slipping, while the stock market - seen as a relative safe haven for local investors - has been jittery. A local market operator, who asked not to be named, agreed there would likely not be a big market slide on Monday. "I believe the market will open downwards but there will be a floor at which there would be some demand," he said. Reporting by Jorge Otaola and Walter Bianchi; Editing by Adam Jourdan and Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.
Persons: Sergio Massa, Mariana Nedelcu, Javier Milei, Salvador Vielli, Vielli, Bonds, Patricia Bullrich, Roberto Geretto, Adcap, Milei, Jorge Otaola, Walter Bianchi, Adam Jourdan Organizations: REUTERS, Peronist Economy, Massa, Thomson Locations: Argentina, BUENOS AIRES, Milei
Tomas... Acquire Licensing Rights Read moreBUENOS AIRES, Oct 23 (Reuters) - Argentina's farmers, some of the world's most important producers of soy, corn, wheat and beef, have some strong views on the country's polarized presidential election finalists: untrustworthy and unreliable. Sara Gardiol, president of the Confederation of Rural Associations of farm province Santa Fe, said that statements from both appeared to be little more than empty words. "It is a very difficult moment for Argentina, but critical situations can also provide opportunities," he said. "I hope that this opportunity allows us to recalibrate things, to talk with the different actors, but also to make sure things are clear and concrete." Reporting by Maximilian Heath; Editing by Adam Jourdan and Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.
Persons: Sergio Massa, Javier Milei, Tomas, Patricia Bullrich, Horacio Deciancio, Massa, Deciancio, Sara Gardiol, Carlos Achetoni, Maximilian Heath, Adam Jourdan, Marguerita Choy Organizations: por la Patria, La Libertad, National University of Santiago, Sunday, Peronist, Business, of Rural, Argentine Agrarian Federation, FAA, Thomson Locations: Argentina, National University of Santiago del Estero, Santiago del Estero, BUENOS AIRES, San Vicente, Buenos Aires, Santa Fe
[1/2] Argentina's presidential candidate Sergio Massa gestures during a press conference a day after the first round of Argentina's presidential election, in Buenos Aires, Argentina October 23, 2023. Local media reported similar though more informal campaigns in some hospitals, and the energy secretary warned the price of subsidized gas could double. 'CHAINSAWING' THE WELFARE STATE? "At the other end of the chainsaw he totes at rallies are the pocketbooks of millions of Argentines," he added. Additional reporting by Candelaria Grimberg and Lucinda Elliott; Editing by Adam Jourdan and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.
Persons: Sergio Massa, Cristina Sille, Sergio Massa's, Javier Milei, Massa, Milei, Amparo Anzaldi, Benjamin Gedan, Wilson, Cristina Fernandez de Kirchner, Ana Monclus, meanwhile, Anna, Catherine Brigida, Candelaria Grimberg, Lucinda Elliott, Adam Jourdan, Aurora Ellis Organizations: REUTERS, Argentine Economy, Peronist, Massa, Local, International Monetary Fund, Reuters, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Argentine
Argentina Heads to the Polls in Grip of Fierce Economic Crisis
  + stars: | 2023-10-22 | by ( Oct. | At A.M. | ) www.usnews.com   time to read: +3 min
Milei, pledging to "chainsaw" the economic and political status quo, is the candidate to beat, with angry voters flocking to his tear-it-all-down message, fed up with inflation at 138% and poverty affecting over two-fifths of the population. Amid this crisis Milei has risen abruptly, pledging shock therapy to fix the economy including dollarizing, shutting the central bank, slashing the size of government drastically and privatizing state entities. Massa, current economy chief, remains in the running despite overseeing inflation hitting triple digits for the first time since 1991. He is pledging to cut the fiscal deficit, stick with the peso and defend the Peronist social welfare safety net. Pollsters see her as the most likely of the top three runners to miss out on a second round.
Persons: Argentina's, Javier Milei, Sergio Massa, Patricia Bullrich, Milei, Federico Aurelio, Donald Trump, Jair Bolsonaro, Massa, Bullrich, Nicolas Mercado, Flavia Vázquez, Pollsters, Nicolas Misculin, Adam Jourdan, Chizu Organizations: Reuters, American, Peronist Economy, International Monetary Fund Locations: Misculin BUENOS AIRES, China, Brazil, Buenos Aires
Workers load ballot boxes and voting material into a truck, ahead of the presidential election, in Buenos Aires, Argentina October 21, 2023. Milei, pledging to "chainsaw" the economic and political status quo, is the candidate to beat, with angry voters flocking to his tear-it-all-down message, fed up with inflation at 138% and poverty affecting over two-fifths of the population. Massa, current economy chief, remains in the running despite overseeing inflation hitting triple digits for the first time since 1991. He is pledging to cut the fiscal deficit, stick with the peso and defend the Peronist social welfare safety net. Pollsters see her as the most likely of the top three runners to miss out on a second round.
Persons: Mariana Nedelcu, Argentina's, Javier Milei, Sergio Massa, Patricia Bullrich, Milei, Federico Aurelio, Donald Trump, Jair Bolsonaro, Massa, Bullrich, Nicolas Mercado, Flavia Vázquez, Pollsters, Nicolas Misculin, Adam Jourdan, Chizu Organizations: REUTERS, American, Peronist Economy, International Monetary Fund, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, China, Brazil
This remote town is also where an alleged graft and money-laundering scheme related to the El Calafate hotels owned by the Kirchner family took place. In El Calafate, architect Walter Pieroni said some properties on the edge of the main commercial center could go days without water because of poor planning. In Santa Cruz, a province of some 333,000 people, fixing things was once the role of the Kirchners. Under the Kirchners, an airport was built in El Calafate, roads were paved to the glaciers, and plots of land were distributed to locals. "But they created a model that does not work and now our children have no future in this country," said Feldman, who has lived in El Calafate since 1987.
Persons: RIO, Alicia Kirchner, Kirchner, Javier Milei, Milei, " Kirchner, Nestor Kirchner, Cristina Fernandez de Kirchner, Fernandez de Kirchner, Alberto Fernandez, Patricia Bullrich, Sergio Massa, Santa Cruz, Brian Franco, Moreno, Franco, Eugenio Quiroga, El, Walter Pieroni, Weeks, Pieroni, Guillermo Carnevale, Peronist Fernandez, Mauricio Macri, Kirchnerism, Ana, Guerrero, hadn't, We've, Danny Feldman, Feldman, Lucinda Elliott, Adam Jourdan, Daniel Wallis Organizations: Peronist, Reuters, International Monetary Fund, El, Suppliers, Thomson Locations: Argentina, Rio Gallegos, Santa Cruz, Santa, China, Brazil, El Calafate, Spain, Germany, Buenos Aires
[1/4] Workers unload ballot boxes and voting material from a truck, ahead of the presidential election, at a school on the outskirts of Buenos Aires, Argentina October 21, 2023. The vote is a tight three-way race between frontrunner radical outsider Javier Milei, ruling Peronist Economy Minister Sergio Massa and center-right former security minister Patricia Bullrich, all offering starkly different visions for Argentina. Libertarian economist Milei is in pole position to win, though would likely face a second round. "It seems to me that it is time for change, to see how we can alter the reality of the country." Reporting by Horacio Soria and Juan Bustamante; Writing by Adam Jourdan; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.
Persons: Mariana Nedelcu, Javier Milei, Sergio Massa, Patricia Bullrich, Soledad Sanchez, Bullrich, Milei, Massa, pollsters, Hernan Etchaleco, Agustin Geist, Horacio Soria, Juan Bustamante, Adam Jourdan, Daniel Wallis Organizations: Workers, REUTERS, Argentine, Peronist Economy, International Monetary Fund, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Peronist, Bullrich
By Nicolás MisculinBUENOS AIRES (Reuters) - Argentina may be about to leap into the political unknown. Many blame the political elite and have latched on to Milei's burn-it-all-down rhetoric. That will impact the make-up of Congress, which is being partially renewed and will likely end up fragmented. Many voters, however, appeared resigned to a Milei win - a reflection of how the former television pundit has managed to take hold of the political narrative, leveraging memes and videos online that have resonated with younger voters. "I'm going to vote for Massa, but Milei is going to win," said Stella Buk, 65, who has a book stall at the Parque Centenario fair.
Persons: Javier Milei, Sergio Massa, Patricia Bullrich, I'm, Sebastián Pizzo, Milei, Mariel Fornoni, Massa, Carlos Fara, Milei's, Mariel Segovia, Adriana Schedfin, Mabel Baez, Baez, Stella Buk, Nicolas Misculin, Adam Jourdan, Daniel Wallis Organizations: Reuters, Argentine, International Monetary Fund, Management, Massa, Parque Centenario Locations: Misculin BUENOS AIRES, Argentina, Brazil, Buenos Aires, Asia, Europe, China, Tapiales, Argentine
REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsBUENOS AIRES, Oct 20 (Reuters) - Argentina may be about to leap into the political unknown. Many blame the political elite and have latched on to Milei's burn-it-all-down rhetoric. That will impact the make-up of Congress, which is being partially renewed and will likely end up fragmented. Many voters, however, appeared resigned to a Milei win - a reflection of how the former television pundit has managed to take hold of the political narrative, leveraging memes and videos online that have resonated with younger voters. "I'm going to vote for Massa, but Milei is going to win," said Stella Buk, 65, who has a book stall at the Parque Centenario fair.
Persons: Javier Milei, Agustin Marcarian, Sergio Massa, Patricia Bullrich, I'm, Sebastián Pizzo, Milei, Mariel Fornoni, Massa, Carlos Fara, Milei's, Mariel Segovia, Adriana Schedfin, Mabel Baez, Baez, Stella Buk, Nicolas Misculin, Adam Jourdan, Daniel Wallis Organizations: Argentine, La Libertad, REUTERS, International Monetary Fund, Management, Massa, Parque Centenario, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Brazil, Asia, Europe, China, Tapiales, Argentine
"He is the change that Argentina needs," said 28-year-old Milei voter Ayrton Ortiz at a recent rally in Buenos Aires province in support of the candidate. Those working with his campaign say it is his authenticity that has made him so successful, especially with two-fifths of the population in poverty and looking for a new voice. "You can like him or not, but he is himself," said Fernando Cerimedo, a political consultant who works on Milei's campaign. Many Milei voters say they are willing to take the risk. At the end of the month, you see how they count pennies and cry," said Milei voter Valentina Brites, 18.
Persons: Javier Milei, Agustin Marcarian, Juan Luis Gonzalez, Gonzalez, Milei, Donald Trump, Beppe Grillo, Ayrton Ortiz, Sergio Massa, Patricia Bullrich, MURRAY, MILTON, ROBERT AND LUCAS Milei, Karina, Conan, Murray, Milton, Robert, Lucas, Milton Friedman, Eduardo Eurnekian, Fernando Cerimedo, Fernando Morra, Valentina Brites, Javier, Anna, Catherine Brigida, Eliana Raszewksi, Lucinda Elliott, Adam Jourdan, Daniel Wallis Organizations: Argentine, La Libertad Avanza, REUTERS, American, Peronist, Forces, Libertad Avanza, Reuters, Thomson Locations: La Plata, Buenos Aires, Argentina, BUENOS AIRES, Argentine, Candelaria
"It is an economy that is in intensive care," Miguel Kiguel, a former undersecretary of finance at the Economy Ministry in the 1990s, told Reuters. "The main challenge is to get Argentina out of stagnation, but to do that you have to lower inflation." J.P. Morgan has estimated inflation will end 2023 at 210%, while a central bank poll of analysts forecast 180%. In a bid to tamp down inflation Argentina's central bank has hiked the benchmark interest rate to 133%, which encourages saving in pesos, but hurts access to credit and economic growth. Milei wants to ditch the peso completely and dollarize the economy, while Bullrich says she favors a dual peso-dollar system.
Persons: Javier Milei, Sergio Massa, Patricia Bullrich, Miguel Kiguel, J.P, Morgan, Fernando Morra, Bullrich, Eliana Raszewski, Adam Jourdan, Daniel Wallis Organizations: Argentine, Buenos Aires, Argentina, Economy Ministry, Reuters, Reuters Graphics Reuters, Coldplay, Reuters Graphics, CENTRAL, International Monetary Fund, Thomson Locations: Buenos Aires, BUENOS AIRES, Argentina, China, Brazil
Argentina's Economic Minister Sergio Massa and Brazil's Finance Minister Fernando Haddad (not pictured) hold a news conference, at the Casa Rosada presidential palace in Buenos Aires, Argentina, January 23, 2023. Massa has his own political structures," a spokesman for the ruling party told Reuters. He studied at a Catholic school in the suburbs of Buenos Aires, joined a conservative political party and then shifted to Peronism. He rose to chief of staff under Fernandez de Kirchner(2007-15), though later left her government under a cloud and set up his own political party. He finished third in the first round of voting when he ran for president in 2015, before he returned to the Peronist coalition as a congressman in 2019.
Persons: Sergio Massa, Fernando Haddad, Agustin Marcarian, Javier Milei, Massa, Julio Burdman, Agustin Rossi, Patricia Bullrich, Alberto Fernandez, grandee Cristina Fernandez de Kirchner, Kirchner, Fernandez de Kirchner, Nicolás Misculin, Adam Jourdan, Marguerita Choy Organizations: Argentina's Economic, Brazil's Finance, Casa, REUTERS, Peronist, Observatory, Reuters, International Monetary Fund, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, U.S, Peronism, Tigre
[1/3] Simon Rubinstein, 17, casts his first vote ever, in the presidential primary election, in Buenos Aires, Argentina August 13, 2023. Argentina is one of a handful of Latin American countries that allows 16 and 17-year-olds the right to vote. Kremenchuzky, nicknamed "Toto," 17, is part of that teenage electorate. In an August open primary vote, Toto voted for conservative Patricia Bullrich - which he puts down to influence from his parents - but says he could shift his vote in October to Milei if the libertarian convinces him in election debates. However, Milei's conservative social views and promise of sharp cuts to government spending are off-putting to some young voters.
Persons: Simon Rubinstein, Magali, Tomas Kremenchuzky, Kremenchuzky, Toto, Javier Milei, thieving, He's, Patricia Bullrich, Milei, Rocio Pozzetti, Sergio Massa, Massa, Pozzetti, Noelle Chab, Rubinstein, Magali Druscovich, Lucila Sigal, Adam Jourdan, Rosalba O'Brien Organizations: REUTERS, Peronist, Milei, Bullrich, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Argentine, Milei
"You have to have a backbone to govern this country," Bullrich, the candidate for the Together for Change coalition, told Reuters at a recent press event. Bullrich is facing front-runner libertarian economist Javier Milei, who is promising more extreme policies, and economy minister Sergio Massa. She also cited the strong political machinery of the conservative coalition. Bullrich, replying to Reuters, said that the coalition - win or lose - would be a strong political force with around 10-11 governors and large presence in Congress. Another voter, 61-year-old retiree Patricia Amalia Rojas, said she backed Bullrich for her tough line on gangs and crime.
Persons: Patricia Bullrich, Bullrich, Javier Milei, Sergio Massa, Fernando de la Rua, Mauricio Macri, Cristian Ritondo, Maria Alejandra Ferreyra, Milei, Horacio Larreta, Ana Balcarce, Lomas de Zamora, Macri, Facundo Martinez Maino, Patricia Amalia Rojas, Eliana Raszewski, Adam Jourdan, Marguerita Choy Organizations: Peronist, Change, Reuters, Milei, Massa, Buenos Aires, University of Avellaneda, Lomas, Monetary Fund, Thomson Locations: BUENOS AIRES, Argentine, Argentina, Buenos Aires, Bullrich, Buenos
While most traders are waiting on the sidelines, anxious about the election and unsure of libertarian frontrunner Javier Milei, some daring bond investors are moving in. "There has been a lot of pain from being invested in Argentina over the past decade," Reed said. Rob Citrone, founder of U.S.-based hedge fund Discovery Capital Management, said Argentina presented one of the best opportunities in emerging markets. The depressed values offer another reason to be bullish on Argentina's debt, said Thomas Haugaard, a portfolio manager on the emerging markets debt hard currency team at Janus Henderson Investments in Copenhagen. Armando Armenta, an analyst for Latin American fixed-income and currency markets at AllianceBernstein in New York, said it was a mixed picture.
Persons: Javier Milei, Cristina Sille, Milei, Patricia Bullrich, Sergio Massa, Christine Reed, Reed, Bullrich, Mauricio Macri's, Massa, Rob Citrone, Cristina Fernandez de Kirchner, Fernandez de Kirchner, Thomas Haugaard, Janus Henderson, Haugaard, Morgan Stanley, Armando Armenta, Milei's, Rodrigo Campos, Carolina Mandl, Adam Jourdan, Paul Simao Organizations: Argentine, REUTERS, Peronist, International Monetary Fund, U.S, Discovery Capital Management, Reuters Graphics Reuters, BancTrust, Reuters, Janus, Janus Henderson Investments, Thomson Locations: Buenos Aires, Argentina, New York, Ghana, Sri Lanka, Copenhagen, Congress, AllianceBernstein
REUTERS/Agustin Marcarian Acquire Licensing RightsBUENOS AIRES, Oct 7 (Reuters) - The hand-written entries in the two dozen notebooks - date, haircut, price - chronicle decades of a Buenos Aires barber's working life. A price of 15 pesos equaled $15 with the currency peg. In her first term the haircut price rose 117%, speeding to 200% in her second term. Haircut prices rose 133% in his four years. The earliest health insurance bill he has was 798 pesos in 2007, since when it has hit 142,636 pesos, outstripping his haircut prices.
Persons: Barber Ruben Galante, Luciano Munoz, Agustin Marcarian, Ruben Galante, Alberto Fernandez, it's, Galante, Javier Milei, he's, Carlos Menem, Raul Alfonsin, Fernando de la Rua, de la Rua, Nestor Kirchner, Cristina Fernandez de Kirchner, Nestor's, Mauricio Macri, That's, Milei, Patricia Bullrich, Sergio Massa, Luciano Muñoz, Diego Maradona, Lionel Messi, Adam Jourdan, Eliana Raszewski, Prinz, Claudia Parsons Organizations: REUTERS, Reuters, Reuters Graphics Reuters Graphics, Currency, Reuters Graphics, Monetary Fund, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Belgrano, United States
[1/3] Supporters of Argentine presidential candidate Javier Milei hold dollar bills with his face on them, during a campaign rally, in Buenos Aires, Argentina September 25, 2023. REUTERS/Cristina Sille/File Photo Acquire Licensing RightsMAR DEL PLATA, Argentina, Oct 6 (Reuters) - Corporate Argentina is strongly against full dollarization of the economy, one of the key proposals of presidential election frontrunner Javier Milei, according to 125 business people Reuters spoke to. The survey gives the clearest and most in-depth view yet on how corporate Argentina sees the dollarization debate, which is at the heart of the election race towards the Oct. 22 vote. Some two-thirds of those Reuters spoke to supported a bi-monetary system proposed by conservative candidate Patricia Bullrich, who is popular with business leaders but lagging in wider opinion polls. Most business people surveyed at the IDEA business summit said it was important to keep the peso to be able to adjust monetary variables and maintain competitiveness.
Persons: Javier Milei, Cristina Sille, Patricia Bullrich, Milei, Sergio Massa, Jorge Otaola, Adam Jourdan, Rosalba O'Brien Organizations: Argentine, REUTERS, DEL PLATA, Reuters, IDEA, Massa, Milei, Thomson Locations: Buenos Aires, Argentina, Mar del Plata, Ecuador, El Salvador
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