The Most Popular Leader of the Americas: Nestor Kirchner
Mexican polling firm Mitofsky puts Kirchner's approval rating at 87%, the highest approval rating of any leader in all of the Americas, north or south. I think it is safe to say that, barring a very major scandal, Kirchner is going to be re-elected in a landslide.
Expats can expect the 1:3 dollar-peso exchange rate to continue for at least the next half decade while the government attempts to re-industrialize the country. The low peso exchange rate not only favors an export-driven economy, but it also stimulates tourism, and makes it harder for importers to undercut local producers.
Labels: Current Events