The concern about the fights between Alberto and Cristina reaches Wall Street

08/19/2021 10:25 PM

• Clarín.com

• Opinion

Updated 08/19/2021 10:25 PM

The intrigues and bill passes in the Casa Rosada

increased

due to the scandal of the videos, which involve the highest peak of power in Argentina.

There were reproaches

from Cristina to Alberto himself.

Kickback

from the President and

fights

involving ministers, Máximo and Axel Kicillof.

Cristina decided to place herself in the political center and the President tries to minimize the costs of the newsletter.

The hard sectors of Christianity want revenge: they are

going to broadcast a video of a social gathering of the Juntos leadership

.

It would be a birthday party for a renowned figure.

The question alerts Wall Street, where the reports of the "wolves" of Manhattan are conclusive: they affirm that the question

hit the "water line" of the Pink House

and opens a myriad of political questions for the next few months.

In the capital of money, Argentina does not stop falling

.

International instability now hit harder: this Thursday Argentine shares fell 7% and country risk once again exceeded 1,600 points.

The wolves flee because they see that

Cristina is advancing on Alberto

and that the head of the Frente de Todos is now conditioning the assembly -after the elections- of the future Cabinet.

In power, it is known that Cristina has already offered the Head of Cabinet

to a figure of hard Kirchnerism

: Agustín Rossi.

It was in the middle of the fight for the candidacies in Santa Fe. The vice called him and said the following:

“Don't be a candidate.

You are our future Chief of Staff ”

.

Above, the reports from Manhattan speak of the

President's political weakness

and cast doubt on the tensions generated by the “Urn Plan” in the economy.

The wolves of Wall Street fear that Cristina will seize the moment to take full control of the policies of the Casa Rosada with her old ideas.

This fear was commented on at the last meeting of the Industrial Union and caused exchanges in a “chat” of bankers.

At the highest level, businessmen are restless about so much internal, so much wear and tear and lack of economic direction.

Cristina

was furious

with the President after the dissemination of the photos.

The vice started an offensive against Alberto's inner circle.

The darts had three recipients:

Julio Vitobello, Juan Pablo Biondi and Santiago Cafiero.

In this line Máximo and Kicillof also pointed.

The political trio affirms that the President's environment does not have rigor

or professional precision

when it comes to protecting Alberto.

In that line also - but with care and in privacy - Sergio Massa manifested himself.

He affirms that the "environment" does not take care of the President.

The troika works to locate -after the elections- one of its own in a golden place: the Chief of Cabinet.

Cristina-Máximo-Kicillof also

intend to manage another key place: Economy.

Martín Guzmán is in the pillory and

his continuity will depend on three issues

: that he succeeds in lowering inflation before the elections, keeping the dollar at bay and directing a "flexible" agreement with the IMF.

Kicillof encourages his departure and

again encourages Augusto Costa

.

It would be a delegate in Economics.

The Wall Street Wolf Reports write these things.

Analysts at JP Morgan, UBS and Morgan Stanley agree on one point:

that the hard core of the Frente de Todos wants control of the government

.

Alberto - facing the offensive - had a forceful response: he backed his trusted people and shielded Cafiero.

He slices Guzmán off.

The President insists in Olivos that they attack his close collaborators, but

what they seek is to condition him.

Cristina's anger

increased with the passing of the hours

.

Last weekend she accused "albertismo" of trying to hold her responsible for the dissemination of intimacies in Olivos.

The first photos were a creditable journalistic discovery.

There was a strong cross of reproaches at the highest level of power and Alberto himself tried to calm things down:

"It is amazingly bad milk to link Cristina with the photos."

The relationship between the two has been strained for a long time.

Cristina criticizes the management and Alberto accuses her of putting bats in the wheel.

The vice -a few weeks ago- gathered a group of close friends and said:

"Alberto does not stop making shits."

A couple of days later, that comment reached Olivos.

A witness to the outbursts told the President: Alberto preferred not to comment.

Flight of votes and dollars

The scandal hit the polls.

These works show one thing: that what the ruling party loses, in the Province goes - in part - to Florencio Randazzo.

In CABA it is more diffuse: it consolidates the vote for María Eugenia Vidal and even Javier Milei fishing.

Cristina went out to campaign to stop the drainage.

On Tuesday he made a mistake: he turned an act of unity into a “challenge” for Alberto.

In the Casa Rosada they say that it was an evil action: they accuse the vice of

ignoring Alberto

and trying to appear as "The Boss" of the President.

Everyone knows that the election is close and that it will be decided - in large part - by the economy.

They all look at Guzmán.

Gabriel Katopodis - one of Alberto's swords - questions the discursive passivity of the head of the Treasury.

Katopodis repeats:

"Martín has to play and show his face."

The economy has countless time bombs:

the dollar, inflation, and poverty

.

But it is true that it has symptoms of improvement: the Government is so adrift that it does not even promote them.

Andrés Borenstein made a very encouraging report at a meeting of multis and several CEOs from Argentina.

This economist surprised: “This year the economy

will grow around 9%

.

It is a process similar to that of 2004 ”.

Guzmán does not speak of that.

And that is why strong criticism rains down on him.

Until now, Ignacio De Mendiguren is the only strong economic spokesman for the ruling party.

Guzmán is twisted - again - with Miguel Pesce.

Now the bottom line is over the value of money

: the interest rate.

The BCRA wants to raise it, to calm expectations about the banknote.

In the last tender he twisted Guzmán's arm.

Things did not go well in the first auction in August.

This week, the government raised the rate and put the yield above inflation.

But the dispute is not settled.

Pesce

does not forgive

that Guzmán asked Alberto for his head.

The tender - on Wednesday - is part of the "Urna" plan.

Reheat the economy and kick everything under pressure by December.

It is about a financial “mini bicycle”: rates are above inflation and –in turn–

the BCRA promises a pressed dollar

until the election ceremony.

Bingo for financial speculators.

The issue - the same - does not solve the underlying problems: the tension on the dollar and the pressure on the quasi-fiscal deficit.

A secret report circulates among the top bankers: it says that

the BCRA will lose a whopping banknotes to sustain the currency.

Pesce had - a month ago - freely available reserves of US $ 7.2 billion and will

end the year with only US $ 3.5 billion

.

Also the peso taxi does not stop.

The BCRA generates tension with a financial bomb: monetary debts already reach the fearsome and explosive four trillion pesos.

Look also

Cristina more and more boss, Alberto less and less

Fiesta in Olivos: the Government plans to denounce a friend of Fabiola Yañez for leaking the images