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Political Risk / Argentina

Kirchners Tangled In Their Own Web

March 2010 | Political Risk Analysis

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BMI View: The tide appears to be turning against the Kirchners, as reflected in their crushing defeat in the 2009 mid-term elections and deteriorating approval ratings going into 2010. We see scope for significant friction with a now opposition-controlled congress and believe that the ruling couple will find it very difficult to convince Argentines that they deserve another term at the helm in 2011.