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Argentina votes with economy in chaos

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By Euronews
Argentina votes with economy in chaos

<p>Argentina is voting for a new president with Buenos Aires state governor Daniel Scioli well ahead in the opinion polls.<br /> <blockquote class="twitter-tweet"tw-align-center lang="en"><p lang="en" dir="ltr">Argentina election: Is Cristina Kirchner's heir ready for the throne? <a href="https://t.co/c85iFfnMP2">https://t.co/c85iFfnMP2</a> <a href="https://t.co/UITNv0uJZQ">pic.twitter.com/UITNv0uJZQ</a></p>— Telegraph News (@TelegraphNews) <a href="https://twitter.com/TelegraphNews/status/658141970754220032">October 25, 2015</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script></p> <p>He is the favoured candidate of outgoing president Cristina Fernandez, the most popular politician in the country.<br /> <blockquote class="twitter-tweet"tw-align-center lang="en"><p lang="en" dir="ltr">Cristina Kirchner; end of an era in Argentina, as country elects successor <a href="https://twitter.com/hashtag/economy?src=hash">#economy</a> <a href="https://t.co/Pahl8rA1BH">https://t.co/Pahl8rA1BH</a> <a href="https://t.co/dpg3zfIIl3">pic.twitter.com/dpg3zfIIl3</a></p>— World Economic News (@WordLinkECON) <a href="https://twitter.com/WordLinkECON/status/657199246169546752">October 22, 2015</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script></p> <p>This is an unusual election as the ruling party has overseen a economy where inflation is soaring, state control is in place,its international bonds are in default and the country is locked out of the lending markets. </p> <p>A potential recipe for disaster, but not in Argentina. </p> <p>Generous welfare reforms have kept the government popular.</p> <p>Scioli has more orthodox ideas on the economy than Cristina Fernandez, but has kept his platform deliberately vague during the campaign.</p> <p>The main threat to Scioli comes from the mayor of Buenos Aires, Mauricio Macri.</p> <p><blockquote class="twitter-tweet"tw-align-center lang="en"><p lang="en" dir="ltr">Choose Macri-economics: why Mauricio Macri is the best choice for Argentina's next president <a href="https://t.co/8K0VQ23AIX">https://t.co/8K0VQ23AIX</a> <a href="https://t.co/iLiGhzKvG0">pic.twitter.com/iLiGhzKvG0</a></p>— The Economist (@EconAmericas) <a href="https://twitter.com/EconAmericas/status/657785625433743361">October 24, 2015</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script></p> <p>Macri, though popular in the capital, he has failed to make an impact in the wider country.</p> <p>He is running at 20 to 25 percent, far short of the 40 percent needed for overall victory.</p>