Cristina Kirchner To Run For President

Cristina Fernández de Kirchner, the wife of Argentine president Nestor Kirchner, will run for president this October, representing the ruling Peronist party. As of today, she is expected to win a presidential bid, possibly in the first round, for which she would need more than 45% of the votes. If she does win, analysts expect few if any major policy changes, and the strategy to maintain a weak peso will likely remain in place, says a Goldman Sachs report. The only significant changes would be cosmetic, according to the report: “Our impression is that Cristina Fernández could bring change in terms of governing style, presiding over a government that may turn out to be less centralized in terms of decision-making than the current one,” it adds.