President Kirchner: Another Peron?

Cristina Fernandez de Kirchner, President of Argentina

President Kirchner, who has been in office since December 2007, was re-elected in 2011 and may have her sights on a third term – which would require an amendment to the constitution.  She was the first elected female president of Argentina and the second to hold that office after Isabel Peron in the 1970s. Her landslide election victory resulted from a popular policy of wealth distribution. She is an admirer of the Peron dynasty and the widow of Nestor Kirchner, a former president of the country.

Kirchner’s administration has not been without criticism and there have been allegations of corruption and crony capitalism. Early in the New Year the IMF censured Argentina for failing to comply with international standards for compiling inflation and economic growth figures.  The country is experiencing its highest inflation for a decade. An anti-government demonstration in November attracted up to half a million protestors. However, the opposition is in very poor shape and things look more promising for the government now that GDP is improving.

CFI

Recent Posts

The Unseen Shift: How Creeping Normality Rewrites Our World

Gradual, barely perceptible shifts can normalise the unacceptable—reshaping everything from corporate decision-making to ecosystems and…

3 days ago

LegalOne: Driving Innovation and Financial Inclusion for National Development

LegalOne Global Limited has established itself as a trusted authority in independent ratings and business…

7 days ago

More Than a Bank: Banco Azteca as a National Platform for Social Resilience

A financial institution’s value is not proven in moments of calm—it is tested in moments…

1 week ago

Technology with a Human Touch: SegurCaixa Adeslas Reinforces Its Market Leadership through Innovation

SegurCaixa Adeslas strengthens its market dominance in Spain through a forward-looking strategy centred on digitalisation,…

2 weeks ago

China’s Silver Bullet: How ‘Silver Trains’ Could Boost the Economy

As the world’s most populous nation confronts an ageing demographic and navigates economic headwinds, including…

2 weeks ago

Berenberg Investment Consulting: Innovation at the Heart of Institutional Advisory

With centuries of banking tradition, Berenberg continues to evolve, combining deep expertise with technological innovation.…

3 weeks ago