Conservative Mauricio Macri wins Argentina presidency
Week [23-29 November]
-Mr Macri’s victory is the first in more than a decade for Argentina’s centre-right opposition and ends the 12-year rule of the Peronist Party.
-The consequences of change could be enormous. Macri has promised to strengthen institutions, introduce more pro-business policies, cut deals with foreign creditors and realign Argentina’s foreign policy away from Venezuela and Iran and closer to the US. He has also indicated that he will adopt a less confrontational stance over the Falkland Islands.
-Since 2003, it has been the home of the Kirchners.