Stories by Michael McCarthy

Expert Voices

Fernández's victory marks resurgence of the left in Argentina

Alberto Fernandez and Cristina Fernandez de Kirchner on stage celebrating victory
Alberto Fernández and Cristina Fernández de Kirchner. Photo: Alejandro Pagni/AFP via Getty Images

Anti-incumbent sentiment and deepening economic anxiety propelled Alberto Fernández to a victory over Mauricio Macri in Argentina's presidential election on Sunday.

The big picture: Fernández garnered a comfortable 8-point margin, though fell short of the landslide Macri supporters feared after their 15-point deficit in the Aug. 11 primary. Fernández's victory marks the left’s return to power in Latin America’s third-largest economy, as well as the reascendance of former President Cristina Fernández de Kirchner, who will serve as vice president.

Expert Voices

Bolivia's post-election turmoil reflects fall from grace for Morales

Evo Morales speaking at a lectern
Evo Morales. Photo: Fotoholica Press/LightRocket via Getty Images

Bolivia is poised between electoral uncertainty and political turmoil amid growing concerns that election day fraud may deny opposition candidate Carlos Mesa the chance to face incumbent president Evo Morales in a December 15 runoff.

The big picture: The Supreme Court's controversial decision to let Morales run for another term set a disillusioned backdrop for Sunday's vote, following a 2016 citizen's referendum that had disapproved of the rule change. Polling suggests a runoff could boost Mesa's chances, making Bolivian voters who already harbor doubts about the transparency of the electoral system even less likely to accept a first-round Morales victory.

Expert Voices

U.S. embargo on Venezuela raises stakes for Russia and China

Nicolas Maduro speaking at a lectern
Venezuelan President Nicolás Maduro speaking in Caracas. Photo: Matias Delacroix/Getty Images)

In the absence of a foreign policy victory in Venezuela, President Trump's economic embargo on the country shows his sights resettling on the prospect of regime change.

The big picture: Despite Washington's anointment of Juan Guaidó as the country's democratically elected leader and its tightening asset freeze on government property, regime change remains a high hurdle. Behind the administration's recent move is the untested wager that the renewed threat of extraterritorial sanctions against Venezuela's trade partners China and Russia could erode their support for President Nicolás Maduro.