Brazil rejects Peronist victory in Argentina
President-elect Fernandez, a trade protectionist, has vowed to pull out of the Mercosur bloc
28 October 2019 - 17:59
Brasilia — The election of Peronist Alberto Fernandez in Argentina, whom Brazil's right-wing President Jair Bolsonaro has called a "red bandit", sets the stage for a run-in between South America's two biggest economies that could derail their Mercosur trade bloc.
Fernandez swept into power on Sunday, ousting conservative leader Mauricio Macri in an election result that shifts Latin America's No 3 economy firmly back towards the left amid an economic crisis and rising debt fears...
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