Kirchner's Book Keeps Argentines Guessing Over Presidential Bid
(Bloomberg) -- Readers scouring the newly released memoirs of Argentina's former President Cristina Fernandez de Kirchner for signs she'll run again for the nation's top job look set to be disappointed.
“Sincerely” -- the 66-year-old senator's first-person take on South America's second-largest economy -- dwells more on the past than the future. Though she finds plenty of room to lambast President Mauricio Macri, reminisce over her friendship with Hugo Chavez and celebrate her nationalization of oil company YPF, she offers no clues as to her intentions for this year's elections.
A recent poll showed the left-wing populist would narrowly beat Macri in October's election, while others see a potential run-off between the two as too close to call. Unlike Macri, Kirchner has refused to comment on whether she will run, though some are interpreting the book's release as part of her election bid. Parties have to submit candidate lists on June 22, ahead of primaries in August.
The surprise publication has proved a hit. With Kirchner eschewing public appearances and big speeches, the book offers an insight into her thinking. Publisher Sudamericana is launching its fourth print run with 60,000 new copies, adding to the 64,000 already out since the book's release on April 26. The more striking excerpts from the 594-page tome are being widely shared on social media.
Argentina's current president merits no fewer than 170 mentions. “If someone asked me to define Mauricio Macri in one word, the only one that comes to my mind is chaos,” Kirchner writes.
Here are some other highlights of “Sincerely”:
Mauricio Macri
- “Mauricio Macri is chaos and that's why I firmly believe that Argentina must be fixed again.”
IMF and the Markets
- “We had no access to capital markets and still survived five currency routs.”
Nationalization of YPF
- “The only thing I regret was that Nestor [Kirchner, former husband and president] wasn't there to see it. I know he would have enjoyed it very much. I had always dreamed of recovering YPF for the country... always. It was a critical issue for Argentina that he dreamed of doing.”
Venezuela
- “Hugo [Chavez] was always supportive of Argentina, although he made a big mistake when we issued debt that Venezuela bought, and instead of retaining the bonds, he sold them immediately, causing prices to drop in the international market. I almost killed him”.
Fake News
- “Deep down I believe, no matter how crazy fake news may sound, that they operate on a defenseless audience that believes what it reads in the newspapers and sees on television.”
--With assistance from Patrick Gillespie.
To contact the reporter on this story: Jorgelina do Rosario in Buenos Aires at jdorosario@bloomberg.net
To contact the editors responsible for this story: Daniel Cancel at dcancel@bloomberg.net, Bruce Douglas, Walter Brandimarte
©2019 Bloomberg L.P.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.