Ex-Argentine president resigns top party post BUENOS AIRES, Argentina (CNN) -- Former Argentine President Nestor Kirchner resigned as leader of the ruling political party Monday following a poor showing in Sunday's elections, the official news agency Telam reported.
Voters Deal Severe Blow To Kirchners’ Power(Argentine Post) Voters on Sunday dealt a powerful blow to former president Néstor Kirchner and his six-year-old grip on power. Argentines lined up throughout the country in massive numbers to vote for opposition candidates who said it was time to put an end to the former president’s antagonistic, confrontational style.
Investors Put Faith in Argentina After VoteBUENOS AIRES -- Investors sent Argentine bonds soaring, and bid up the local currency and stocks, after the ruling coalition suffered a significant setback in midterm congressional elections, raising hopes of a friendlier environment for business and foreign investment.
The country's sovereign bonds jumped several points as investors welcomed what they saw as curbs on the wide-ranging powers of the ruling couple of President Cristina Fernández and her husband, former President Néstor Kirchner.
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Argentine president defiant after mid-term lossesBUENOS AIRES, Argentina (AP) — Argentina's president expressed defiance Monday after voters took away the ruling party's edge in Congress.
Sunday's midterm elections have severely weakened President Cristina Fernandez and her husband, former President Nestor Kirchner, who had warned that "chaos" would ensue if the government lost its legislative majorities. Instead, markets reacted with relief, and political opponents were invigorated by the reality that the autocratic Kirchners will have to reach compromises to get laws passed once the new senators and deputies take office Dec. 10.
Argentine Assets Surge as Ruling Party Takes Hit Argentina's assets rallied strongly on Monday after the ruling party of Argentine President Cristina Fernandez suffered a stinging defeat in mid-term elections, suggesting she will have to compromise and perhaps drop her pursuit of populist policies.
Argentina government seen more frugal after vote setbackBUENOS AIRES (Reuters) - Argentina's government will likely slow state spending and focus on paying its debts after voters dealt a sharp blow to President Cristina Fernandez in Sunday's midterm election.
Argentine health minister resigns in frustrationBUENOS AIRES, Argentina -- Argentina's health minister has resigned despite the growing swine flu epidemic, reportedly after failing to persuade the government to declare a health emergency.
Argentine leader sees no need for cabinet changes BUENOS AIRES, June 29 (Reuters) - Argentine President Cristina Fernandez said on Monday she saw no need to make changes to her cabinet after her government's stinging defeat in Sunday's mid-term election. "I don't see any reason to make a change to the cabinet due to the election result," she told a news conference.
