Argentina’s ‘Peronists’ sweep back into power

first_imgPresidential candidate Alberto Fernandez and running mate former President Cristina Fernandez de Kirchner celebrate after the election results in Buenos Aires, Argentina on Oct. 27. REUTERS/AGUSTIN MARCARIAN BUENOS AIRES – Argentina’s Peronistsswept back into power, ousting conservative president Mauricio Macri in anelection result on Sunday. Macri conceded the race andcongratulated Fernandez who had been the “favorite” since winning a landslidevictory in primaries in August. Peronist Alberto Fernandez had 47.79percent of the vote, ahead of Macri’s 40.71 percent, with over 90 percent ofthe ballots counted.  Argentina is one of the world’s topgrain exporters, stirring the energy world with its huge Vaca Muerta shalefield and is on the cusp of restructuring talks with creditors over $100billion in debt.(Reuters)last_img read more