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Sunday, 22 November 2015

Argentina goes to polls in first ever presidential run-off


Image copyright AFP
Image caption

Daniel Scioli (left) and Mauricio Macri (right) go head-to-head in the run-off vote

Voting in Argentina's first ever presidential run-off - the first in the country's history - has started after neither presidential candidate managed to win the initial vote outright.

Daniel Scioli, the governor of Buenos Aires province, is up against Mauricio Macri, the city's mayor.

On the eve of the vote, centre-left candidate Mr Scioli lagged behind his centre-right rival in the polls.

Mr Scioli was marginally ahead in the first round, with 36.7% to 34.5%.

But under Argentinian law, a presidential candidate needs 45% of the vote or a minimum of 40% with a 10-point lead over the nearest rival to win outright.

Both candidates have been back on the campaign trail in the month since the first round. Sunday's vote marks the first time a presidential election in Argentina has gone to a second round.

Mr Scioli, a close ally of current President Cristina Fernandez de Kirchner, had been expected to win by a greater margin in October.

A member of President Fernandez's Front for Victory party, he was handpicked by the outgoing leader, who cannot seek a third term.

Since 2007 Mr Scioli has been governor of Buenos Aires province, considered one of the most influential posts in Argentine politics. Before that, he was vice-president to the country's late former leader and Ms Fernandez's husband, Nestor Kirchner.


Image copyright Reuters
Image caption:
Voters wait in line to vote at a polling station in Buenos Aires, Argentina


Image copyright AFP
Image caption:
There was jubilation at the campaign headquarters of Mr Macri when he tied the first round with Mr Scioli

The son of one of Argentina's richest men, Mr Macri had a long career in business before entering politics.

In 1991, he was kidnapped and kept captive for 12 days by a gang of corrupt policemen demanding millions in ransom.

Four years later, he became president of Boca Juniors Football Club and used his success at the club as a springboard for his political career.

He leads the conservative Cambiemos (Let's Change) coalition.

Ailing economy

Whoever wins the presidency faces significant economic challenges.

While the country gained strength after a financial crisis in 2002, its economy, the third-largest in Latin America, has slowed in recent years, with GDP growing by only 0.5% last year.

The government is also locked in a battle against American hedge funds who disagree with how it wants to restructure $100bn (£65bn) of debt on which it defaulted in 2001.

While the firms successfully sued Argentina for repayment, Ms Fernandez refused to pay.

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