Saturday, 26 October 2013

Economy News Headlines - Yahoo! News: Argentina's ailing president faces tough midterm congressional election

Economy News Headlines - Yahoo! News
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Argentina's ailing president faces tough midterm congressional election
Oct 27th 2013, 05:04

A woman waits next to signs in support of Argentina's President Fernandez outside the hospital where she had surgery in Buenos AiresBy Hugh Bronstein BUENOS AIRES (Reuters) - Argentine President Cristina Fernandez is expected to lose some of her congressional clout in Sunday's midterm election as the ailing leader faces complaints over galloping inflation and a weakening currency. Re-elected in 2011 on promises of increasing state control of Latin America's No. 3 economy, Fernandez's political coattails have been shortened by inflation, clocked by private economists at 25 percent, while heavy-handed currency controls and falling central bank reserves dent confidence. ...


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