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Sunday, 26 August 2012 - Argentine leader's image falls as inflation soars |
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      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Breakingviews Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Video Reuters TV Reuters News Article Comments (0) Pictures Photos of the week Our top photos from the past week.  Slideshow  Follow Reuters Facebook Twitter RSS YouTube Read First man on moon Neil Armstrong dead at 82 | 25 Aug 2012 Two members of punk rock band flee Russia 9:19am EDT Jury didn't want to let Samsung off easy in Apple trial: foreman 25 Aug 2012 Assad's forces accused of massacre near Syrian capital | 12:12pm EDT All nine bystanders wounded in Empire State shooting hit by police | 25 Aug 2012 Discussed 138 Obama’s lead over Romney grows despite voters’ pessimism 122 Romney to announce vice presidential choice Saturday 94 Analysis: Are Israelis tough enough for a long war with Iran? Sponsored Links Argentine leader's image falls as inflation soars Tweet Share this Email Print Related News UPDATE 3-U.S. defends ban on Argentine lemons, beef Wed, Aug 22 2012 Argentina accused of "protectionism" at WTO, strikes back Tue, Aug 21 2012 UPDATE 3-Argentina to buy fewer LNG cargos than expected-source Mon, Aug 13 2012 UPDATE 5-Argentina hikes biodiesel tax; soy export tax unchanged Fri, Aug 10 2012 Analysis & Opinion Russia: a hawk among central bank doves? Photographer in focus with courtside crash Related Topics World » By Hugh Bronstein BUENOS AIRES | Sun Aug 26, 2012 11:54am EDT BUENOS AIRES (Reuters) - Argentine President Cristina Fernandez's popularity sank to 30 percent in August, less than half of what it was a year earlier, according to a poll published on Sunday that portrayed a country worried about crime and high inflation. The telephone survey of 2,259 voting-age Argentines by polling company Management & Fit showed disgruntlement over the same interventionist policies that won Fernandez a landslide re-election 10 months ago. The popularity of the 59-year-old Peronist - who is part of a bloc of left-leaning South American leaders including Evo Morales of Bolivia, Rafael Correa of Ecuador and Hugo Chavez of Venezuela - fell by 8.1 percentage points between August and July alone. The international bond market has shunned Argentina since its 2002 sovereign debt default and subsequent embrace of policies that emphasize state intervention in the markets and heavy government spending meant to stoke swift economic growth. As recently as September last year, a month before winning her second term, Fernandez had 64.1 popularity while campaigning on promises of deepening the interventionist policy model of her late husband and predecessor as president, Nestor Kirchner. Since then the economy has slowed, and the Management & Fit poll suggests most people are not buying Fernandez's argument that external factors are mostly to blame. The perception of an increase in street crime was first on the list of complaints voiced by participants in the poll, which had a margin of error of plus or minus 2.2 percentage points. No official crime statistics were available to back this up. Annual inflation, clocked by private analysts at over 20 percent, was another worry voiced in the survey. The government fines economists who publish their inflation estimates, which tend to double or triple the official figures. Participants in the poll also cited growing worries about unemployment. The country's second quarter jobless rate edged up to 7.2 percent from 7.1 percent in the first three months of the year. Fernandez's image benefited from a fast-growing economy during most of her first four-year term. Activity is now being slowed by fallout from Europe's debt crisis, softer demand from key trade partner Brazil and government-imposed currency and import curbs that have further hurt confidence in Latin America's third biggest economy. In the latest sign of malaise, Argentine industrial production fell 2.1 percent in July from a year earlier. Of those surveyed, 44.5 percent said Fernandez's policies were the main cause of Argentina's economic stagnation, while just 8.0 percent blamed it on spillover from problems in other countries. (Additional reporting by Karina Grazina; Editing by Vicki Allen) World Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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