President Cristina Fernandez de Kirchner leaves her former economy minister Boudou as caretaker as she undergoes surgery

Argentine VP Who Snubbed Investors Key to Stability as Boss Fights Cancer

President Cristina Fernandez de Kirchner will take a 20-day medical leave after she undergoes surgery Jan. 4 for thyroid cancer, leaving her former economy minister as caretaker. While investors derided Boudou’s 2008 seizure of $24 billion in pension funds, they prefer him to a power vacuum or constitutional crisis that could have arisen if someone less loyal to Fernandez were standing in

While Argentine Vice President Amado Boudou, has for years antagonized investors in South America’s second-biggest economy, he may now become their guarantor of political and economic stability in a nation reeling from its leader’s surprise diagnosis with cancer.

Sources:
Bloomberg