Sergio Massa – The News Desk

Argentina Election: How Sergio Massa, Architect of a Grim Economy, Is Boosting Presidential Bid

19Nov

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Argentina Election: How Sergio Massa, Architect of a Grim Economy, Is Boosting Presidential Bid

Listen to article(2 minutes)SAN MIGUEL, Argentina—As a so-called point man for the ruling Peronist political movement, Carlos Coronel does everything from organizing soccer tournaments in the working-class outskirts of Buenos Aires to helping the disabled secure artificial limbs.Now, as Argentina prepares for a presidential election on Sunday, he seeks to collect votes by fanning out across the teeming Rust Belt-like communities of a province whose voters are essential to winning the presidency. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Argentine Markets Drop Sharply After Ruling Party Presidential Candidate Soars

Updated Oct. 23, 2023 2:38 pm ETArgentine stocks, bonds and currency traded sharply lower on Monday after the ruling party’s presidential candidate came out on top in the first round of voting, surprising investors and creating concerns about the continuation of free-spending policies driving triple-digit inflation. Argentina’s bonds fell as much as 10% and were trading around 25 cents on the dollar before bouncing back slightly. The benchmark Merval index of Argentine stocks was down almost 6%. Shares of Grupo Financiero Galicia, a Buenos Aires-based financial services company, shed 4% in New York, while state-owned energy company YPF fell 8% and agriculture firm Cresud was 5% lower. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 ...

Argentina’s Ruling Party Candidate Takes Most Votes in Presidential Election

Updated Oct. 22, 2023 9:05 pm ETBUENOS AIRES—Sergio Massa, the ruling party’s candidate for president, came out on top in the first round of a presidential election Sunday, beating out a libertarian economist, Javier Milei, who had promised to lay waste to Argentina’s political establishment.With 83.2% of the votes counted, Massa took 36.1% of the votes, defying polls that had predicted Milei would be the victor.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8