Latin America

Could agribusiness save Macri’s presidency in Argentina?

agribusiness argentina

Looking at the numbers, there is no reason for Argentina President Mauricio Macri to be cheerful. The neoliberal head of state has just a few months remaining in his term and seems to be on his way out, with little to shout about from his three and a half years in charge. 

Seeing no realistic possibility of re-election—after being crushed in primary elections by Kirchnerist candidate Alberto Fernández—Mr. Macri’s economy keeps shrinking. With a 54.5 percent inflation rate in the last 12 months—even higher than 2018’s record of 47.6 percent—2019 is on its way to be a tragic moment of...

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