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Argentina: Thousands attend anti-Fernandez rallies


Argentina

Argentina: Thousands attend anti-Fernandez rallies

Tens of thousands took to the streets of Argentina’s largest cities on Thursday, in protest against the policies of President Cristina Fernandez de Kirchner.

The rallies, which were organised over social media, were far more widespread than similar ones in June. Among their grievances protesters named; strict currency controls, high crime rates and a rumoured change to the constitution which would allow President Fernandez to serve a third term.

Following her first four year term the President won a landslide re-election in October, but her approval ratings have since plummeted.

Her policies have effectively created multiple exchange rates, which threaten to depress investment to Latin America’s third largest economy and increase inflation which is already estimated at around 25 percent a year.

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