Kirchner’s Death Adds Uncertainty to Argentina, World Bank Says

The death of former Argentine President Nestor Kirchner creates “great uncertainty” in South America’s second-biggest economy and a rally in stocks and bonds may have been unwarranted, the World Bank’s chief economist for Latin America said.

Augusto de la Torre, in an interview Oct. 29 in Chile, said he doesn’t know why stocks and bonds in Argentina rallied following Kirchner’s death of a heart attack on Oct. 27.