Macri Survives 'Hot Little Summer' as Argentines Keep Their Cool

  • Major infrastructure projects could be ace up Macri’s sleeve
  • Worst of currency and economic crisis appears to have passed
Construction in Buenos Aires.

Photographer: Daniel Cancel/Bloomberg

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Buenos Aires looks different, but not in the way I expected.

Given the dismal year in 2018, when the peso lost half its value, the economy fell back into recession and the government had to seek a record bailout from the International Monetary Fund, I was prepared to see more gloom, anger and desperation on the streets.