Argentina’s energy sector once again is at the crossroads following the defeat of Mauricio Macri in a presidential election.
Alberto Fernandez of the Peronist Justicialist Party won the October poll and will assume office on 10 December. Macri’s loss makes him the first incumbent president in Argentina’s history to be defeated in a re-election bid. The victory of a Peronist in Argentina has made markets nervous. The United States dollar has been around its all-time high against the Argentine peso since the results were announced. Yields...
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