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Instead of expanding domestic consumption and investment, the far-right President clings to what the IMF recommends: more austerity.

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Last week, the international capital markets responded negatively to an economic crisis which Mauricio Macri has been blamed for. 

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Before the discontent generated by the measure, the Undersecretary of Hydrocarbons and Fuels, Carlos Casares, summoned the oil companies for this Tuesday for a meeting.

The Brazilian right regards Mercosur as an instrument for its company's international insertion.

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Results of the presidential primary elections held on Sunday show the Argentinian rejection of IMF imposed policies, the Bolivian leader said. 

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The far-right president has proposed temporary economic measures in an obvious move to win voters before his massive loss in the primary election. 

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Around 1,050 employees work in its Argentina assembly plant, and the company is in talks with the local union to offer a buyout.

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Alberto and Cristina Fernandez won a resounding victory in the primary elections PASO, held this Sunday, winning more than 47 percent of the vote.

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Fernandez assured that Argentina wants good relations with Brazil, implying that it will be easier after Bolsonaro is gone. 

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