Argentinean president-elect Alberto Fernandez says he will “turn the page” and lead the country into a new direction in the midst of a deep economic crisis caused by his pro-Western predecessor Mauricio Macri.
Under the Macri government, the number three economy in Latin America is on the verge of defaulting on debt of more than $100 billion, the second in less than two decades.
The result is a political headache for the Trump administration, which tried to create a strong regional alliance of like-minded leaders to advance its Latin American program to squeeze the governments of Venezuela and Cuba and counteract the growth of Chinese investment.
Macri’s defeat comes less than four weeks after us Secretary of state Mike Pompeo praised Macri’s “leadership” during a visit to Buenos Aires and hopes ” others will follow Argentina’s example».
Brazilian Foreign Minister Ernesto Araujo called the results of the Argentinean election “apocalyptic conditions”, – Reuters reports.
“The forces of evil are celebrating. The forces of democracy are lamenting for Argentina, Mercosur and all of South America”, – he wrote on Twitter.