Macri won, power shifts to the right in Argentina

Since the first round, Argentine’s financial markets Merval index jumped 25%. “Today is a historic day, a new era,” said 56-year-old opposition candidate Mauricio Macri as his center-right Let’s Change coalition won 51.4% of the votes in the second round of Argentine’s presidential elections against Daniel Scioli, peronist ally of incumbent President Cristina Fernandez de Kirchner.

Macri, the mayor of Buenos Aires and a former President of the Boca Juniors football club focused his economic policy’s program on eliminating poverty and improving trade and diplomatic relations with Latin American neighbors. Does that include the United States with whom Kirchner has had quite a stormy relationship? Probably: “we want to have good relationships with all countries, we want to work with everyone,” said Macri.