Stories by Michael McCarthy

Expert Voices

Fernández faces political balancing act to boost Argentina’s economy

Alberto Fernandez standing inside Argentina's National Congress
Alberto Fernández at his Dec. 10 inauguration ceremony in Buenos Aires. Photo: Mario De Fina/NurPhoto via Getty Images

Newly inaugurated President Alberto Fernández seeks to pull Argentina out of its economic slump, but has yet to reveal how he will do so while balancing demands from vying political factions.

Why it matters: Fernández emerged as the latest standard bearer of the heterogenous Peronist movement after proving himself a deft political operator, but his approach to governance is just beginning to take shape. His rise marks a leftist resurgence that could redraw Latin America’s geopolitical map and create new tensions in U.S relations with the region.

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.