Oct 28, 2019

Argentina election: Kirchner to return to office as VP after Peronist win

Argentina's President-elect Alberto Fernández and Vice President-elect Cristina Fernández de Kirchner wave at party headquarters in Buenos Aires Sunday. Photo: Alejandro Pagni/AFP via Getty Images

Argentina's former leader Cristina Fernández de Kirchner was poised to return to office as vice president after conservative President Mauricio Macri conceded the election to Peronist presidential candidate Alberto Fernández Sunday night, AP reports.

Why it matters: Per Axios' Dion Rabouin, fund managers have been saying for the past year "they foresee an economic collapse and wide-ranging debt defaults" with the left-wing Kirchner back at Argentina's helm as vice president.

The big picture: Argentina is in the grip of a recession. Dion notes that during Macri's presidency, "inflation has skyrocketed, poverty has increased and the economy has been mired in recession for 3 of his 4 years in office."

By the numbers: Fernández had won 47.79% of the vote with over 90% of votes counted by early Monday, the BBC reports.

Go deeper:

Go deeper

Updates: George Floyd protests enter 12th day

Protesters in Washington, D.C. on June 6. Photo: Samuel Corum/Getty Images

Tens of thousands of demonstrators are rallying in cities across the U.S. and around the world to protest the killing of George Floyd. Huge crowds have assembled in Washington, D.C., Philadelphia and Chicago for full-day events.

Why it matters: Twelve days of nationwide protest in the U.S. has built pressure for states to make new changes on what kind of force law enforcement can use on civilians and prompted officials to review police conduct.

Updated 2 hours ago - World

In photos: People around the world rally against racism

Despite a ban on large gatherings implemented in response to the coronavirus pandemic, protesters rally against racism in front of the American Embassy in Paris on June 6. Photo: Julien Mattia/Anadolu Agency via Getty Images

Tens of thousands of people have continued to rally in cities across the world against racism and show their support this week for U.S. demonstrators protesting the death in police custody of George Floyd.

Why it matters: The tense situation in the U.S. has brought the discussion of racism and discrimination onto the global stage at a time when most of the world is consumed by the novel coronavirus.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 7:30 p.m. ET: 6,852,810 — Total deaths: 398,211 — Total recoveries — 3,071,142Map.
  2. U.S.: Total confirmed cases as of 7:30 p.m. ET: 1,917,080 — Total deaths: 109,702 — Total recoveries: 500,849 — Total tested: 19,778,873Map.
  3. Public health: Why the pandemic is hitting minorities harder — Coronavirus curve rises in FloridaHow racism threatens the response to the pandemic Some people are drinking and inhaling cleaning products in attempt to fight the virus.
  4. Tech: The pandemic is accelerating next-generation disease diagnostics — Robotics looks to copy software-as-a-service model.
  5. Business: Budgets busted by coronavirus make it harder for cities to address inequality Sports, film production in California to resume June 12 after 3-month hiatus.
  6. Education: Students and teachers flunked remote learning.