Argentina Faces Fresh Turmoil From Resignation, Debt Downgrades
- Life just got a whole lot tougher for Argentina’s Mauricio Macri a week after his shock primary-election defeat sent markets into a tailspin. The embattled president is suddenly grappling with the resignation of his economy minister and a double downgrade to the nation’s debt. Meanwhile, his opponent Alberto Fernandez, now favorite to win the presidency on Oct. 27, is calling on Macri to renegotiate the terms of a record $56 billion credit line with the International Monetary Fund. The slew of negative headlines may unleash a fresh bout ...
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