Financial post

Macri the underdog as Argentina heads to the polls

BUENOS AIRES — Argentines head to the polls on Sunday, after a year of twists and turns in a dramatic election race that has been chastening for conservative President Mauricio Macri, who trails well behind Peronist rival Alberto Fernandez in the polls.

The ballot – that many have already called for Fernandez – is a referendum between Macri’s tough-love austerity and the “social contract” of the left-leaning opposition, whose populism has lured voters, hurt badly by a snarling economic…

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