Follow-up: Argentine election results

i read a few articles on the election results which claimed that argentine voters were repudiating a center-left government... b.s... they were repudiating an incompetent, airhead, fashionista presidente who, with her ex-presidente husband, have systematically, in true argentine fashion, lined their own pockets while claiming to be on the side of the poor, a population that is steadily increasing while the rich - as usual - get richer...

Argentine President Cristina Fernandez de Kirchner lost power in Congress after voters angry at her handling of a farm strike, crime and a slowing economy favored opposition candidates in mid-term elections yesterday.

Fernandez acknowledged that a slate of candidates for the lower house led by her husband, former President Nestor Kirchner, was defeated in the bellwether province of Buenos Aires. She told reporters today that the government will have 35 seats in the 72-member senate and 107 lawmakers in the 257- member lower house, not counting allies from other blocs.

Fernandez, 56, relied on her coalition’s control of Congress to back an agenda that included nationalizing $24 billion in private pension funds and the country’s flagship airline, Aerolineas Argentinas SA. She angered many supporters when she tried to raise farm export taxes last year, provoking four months of road blockades and protests.

too bad, so sad, cristina... meanwhile, check out what you've done to your wonderful country...

Argentina faces having to import wheat

Argentina, which considers itself the world’s bread basket, faces having to import wheat next year after the worst planting season on record because of drought, lack of credit and government policies.

Argentine farmers are set to sow about 2.9m hectares with wheat, the smallest area since records started more than a century ago and down 30 per cent from last season’s 4.2m, according to estimates from the Buenos Aires grain exchange.

“Since records started in Argentina more than 100 years ago there is not a single season with a lower planted area,” said Esteban Copati, an agricultural analyst at the exchange. “The wheat-sowing season has started badly, on the wrong footing.”

what a crying shame...

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