November 19, 2012

Radical Leftism Fails in Argentina

Jaime Daremblum, Weekly Standard

AP Photo

When Argentine president Cristina Kirchner nationalized the Spanish-owned YPF oil company this past April, Washington Post correspondent Juan Forero proclaimed her “the standard-bearer of populist nationalism in Latin America.” At the time, her decision played well at home: One poll found that 62 percent of Argentines supported it. Yet the YPF seizure was a desperate move by a desperate government trying to boost its domestic political standing and camouflage its economic failures. Seven months later, Kirchner’s approval rating is deep underwater, and her government is facing enormous public protests.

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TAGGED: Argentina


November 11, 2012
A Wrong Turn in Buenos Aires
Chicago Tribune
Cry for yourself, Argentina. What a shame to see a country of such great economic promise swerving off the road to prosperity again. The latest in a history of unforced errors began in 2007. National elections ushered in... more ››