08 December 2011

ARGENTINA : Overview: President Cristina Begins 2nd Term.

                                         AP/ A.CALATRAVA

     President Cristina Fernandez begins another 4-year term Saturday...even as capital flight surged to $18bn in just 9 months...while inflation surges to an estimated 24% annually... trailing only Venezuela.
    "Now, it's up to Cristina to adjust the pegs of a model that brought to 'Kirchnerism' eight long years of growth, an increase in pensions, a drop in unemployment and a boom in consumption," said a political analyst.