“I’m here to vote with the hope that everything will change.
“We’re looking at a very tough two years ahead.” His household expenses have risen 300 percent since 2016, he said, and he sees little reason for optimism. “I know very few people who make enough money to get to the end of the month,” said Ricardo Arese, 69, a security guard in the capital Buenos Aires. Voting went smoothly under sunny skies in the Southern Hemisphere spring, but many voters were angry or downcast amid rampant inflation running above 50 percent and high poverty levels sharpened by the COVID-19 pandemic. Roughly 34 million Argentines were eligible to vote in Sunday’s election, which was held to select 127 national seats throughout the country, representing half the seats in the Chamber of Deputies, and 24 national senators in eight provinces, equivalent to a third of the Senate. We must clear the uncertainties that come with this sort of unsustainable debt,” Fernandez said. “In this new stage, we will deepen our efforts to reach a sustainable agreement with the IMF. Taking a moderate tone, the president vowed to resolve the country’s debt with the International Monetary Fund, tackle the “evil” of inflation and send a long-term economic plan to Congress in early December, something investors and the IMF have sought amid negotiations over a new deal with the Fund. In a late night address to the nation, Fernandez went on the defensive, reaching across the aisle and calling for “patriotic” cooperation from the opposition. General view of the Juntos por el Cambio party members celebrating after mid-term parliamentary elections in Buenos Aires on Novem He has two years left and those two years are going to be extremely difficult,” she added. “For Alberto Fernandez, it’s a very tense situation. The results are seen as a “punishment” vote against the Fernandez government amid spiraling inflation and growing poverty.Īl Jazeera’s Teresa Bo said the ruling party’s loss of the Congress “is something that’s historic, it’s the first time that something like this is happening since Argentina turned into a democracy back in the 1980s. Juntos was also ahead in races for lower-house seats, including an important battle in the populous province of Buenos Aires, usually a stronghold for the Peronists. With most of national votes tallied on Sunday, the conservative opposition Juntos held strong leads in key swing Senate races – a development that would see it erase the ruling party’s majority and hobble Fernandez’s ability to push through legislation without opposition support. Voters in Argentina have dealt a severe blow to the ruling Peronist party in midterm elections, according to preliminary results, with the centre-left party of President Albert Fernandez on track to lose its majority in Congress after almost 40 years.
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