Monday, August 27, 2012

Argentine President Cristina Fernandez's popularity sinks to 30%

Argentine President Cristina Fernandez's popularity sank to 30 percent in August, less than half of what it was a year earlier, according to a poll published on Sunday that portrayed a country worried about crime and high inflation.


The telephone survey of 2,259 voting-age Argentines by polling company Management & Fit showed dissatisfaction with the interventionist policies that won Fernandez a landslide re-election 10 months ago.

The popularity of the 59-year-old Peronist -- who is part of a bloc of left-leaning South American leaders including Evo Morales of Bolivia and Rafael Correa of Ecuador -- fell by 8.1 percentage points between August and July alone.


The international bond market has shunned Argentina since its 2002 sovereign debt default and subsequent embrace of policies that emphasize state intervention in the markets and heavy government spending meant to stoke economic growth.

READ MORE:  http://www.reuters.com/article/2012/08/26/us-argentina-fernandez-poll-idUSBRE87P07620120826

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