Buenos Aires Times | Economy buckles as president puts politics first
Alberto Fernandez delivering a speech in Congress. | TELAM In late March, President Alberto Fernández sent his guy to Washington to smooth things over. With negotiations stalled, Economy Minister Martín Guzmán had meetings with US officials and the International Monetary Fund over its US$45-billion loan. Back home, Fernández’s populist vice-president took to the microphone to make one thing clear. “We can’t pay because we don’t have the money,” said Cristina Fernández de Kirchner, who held the nation’s top job from 2007 to 2015. The IMF’s terms are “unacceptable.” It w...