Cristina Wins Big (Again) In Argentina—What Does It Mean For You?
Oct. 25, 2011, Buenos Aires, Argentina: Both politics and economics in Argentina continue to be studies in the unorthodox. For the would-be retiree in Argentina, Argentina politics and economics are translating to a higher cost of living.
Dear Live and Invest Overseas Reader,
"Over the weekend here in Argentina," writes Intrepid Correspondent Paul Terhorst from his sometimes home outside Buenos Aires, "President Cristina was reelected for another four-year term.
"As background: Cristina's husband Nestor Kirchner was appointed president after Argentina's economic debacle in 2002. He quickly called elections and won a four-year term. The Argentine constitution restricts presidents to two consecutive mandates. So four years ago his wife Cristina replaced him. She won in a landslide.