'The crisis has deep roots, but President Macri mismanaged the response, exacerbating poverty and hunger,' Dr. Jennifer Pribble of the University of Richmond told Newsweek.
"I actually did business [with] his father," Trump said of Macri, as he met with the Argentinian leader."That was in my civilian days."The Argentinian president's ties to the Trump family first drew international attention shortly after Trump's election in 2016. At the time, Ivanka Trump controversially joined a call with her father and the Argentinian leader, prompting many to state their concerns about the president mixing family members with official duties.
Although Macri came to power with promises of international investment and opening up the country's relatively closed economy, while vowing to stave of an ongoing financial crisis, inflation soared, poverty increased and foreign investment remained around the same level. While the exchange between the Argentine peso to the U.S. dollar hovered around 11 to 1 when he took office in December 2015, it now stands at about 60 to 1.
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