Support for Argentina’s Macri Unchanged

Support for Argentina’s Macri Unchanged

Argentine President Mauricio Macri’s popularity is at about 65% two months after he narrowly won office and carried out a shock currency devaluation as part of his plan to revive Latin America’s No. 3 economy, two polls showed.
Macri, a conservative, had a popularity rating of 64% in one poll by the Poliarquia consultancy published on Friday and 67% in the latest survey from pollster Isonomia, Reuters reported.
His tight election victory on Nov. 22 ended more than a decade of leftist rule and Macri has promised to overhaul interventionist policies that upset investors and the country’s farmers.
His first major step after taking office on Dec. 10 was to float Argentina’s peso currency. That triggered a 28% devaluation, but the polls released on Friday show Macri has won over many Argentines in his first weeks as president.
He could face pressure from opposition lawmakers in March when Congress returns from the Southern Hemisphere summer holidays and as wage talks begin with powerful public workers’ unions.
Macri will need Congress’ support to settle a politically fraught lawsuit with a group of New York hedge funds over defaulted debt.
Wage negotiations will be closely watched as Macri tries to bring inflation, which stands at around 25%, under control.
His government says the economy will grow between 0.5% and 1% this year, before accelerating to around 4.5% annually between 2017 and 2019.

Short URL : http://goo.gl/awDLRF
  1. http://goo.gl/VVykX4
  • http://goo.gl/RJ6Lpu
  • http://goo.gl/pQnr1Z
  • http://goo.gl/qckCeZ
  • http://goo.gl/fgIkxf

You can also read ...

Police Deploy in Kirkuk as Tensions Rise Before Kurdish Vote
Police deployed overnight in the northern Iraqi oil city of...
US President Donald Trump addresses the 72nd Annual UN General Assembly in New York on September 19.
Embattled  US President Donald Trump on Tuesday baffled world...
UK Firms Make Huge Profits Selling Weapons to Saudi Arabia
British companies selling weapons have earned hundreds of...
UN Chief Seeks to Avoid War With North Korea
United Nations Secretary-General Antonio Guterres appealed on...
Brazil’s Temer at UN Decries Rise in Nationalism, Protectionism
Brazilian President Michel Temer criticized a rise in...
A worker pastes up an election campaign poster for the upcoming general elections of the Christian Democratic Union party (CDU) with a headshot of German Chancellor Angela Merkel in Berlin, Germany on September 12.
Germany’s center-left Social Democrats (SPD) slightly narrowed...
Washington, Seoul Talk Nuke Deployment to Korean Peninsula
Washington and Seoul have “discussed the option” of putting...
UN Investigators Demand ‘Full, Unfettered’ Access to Myanmar
UN human rights investigators on Tuesday said they needed “...