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Panama Papers threaten Macri's shine in Argentina

Argentine President Mauricio Macri delivers a speech at Casa Rosada Government Palace in Buenos Aires on April 7, 2016, after a prosecutor opened an investigation on his offshore financial dealings leaked in the Panama PapersArgentine President Mauricio Macri has become a rock star of the right with a flurry of free-market reforms, but now the Panama Papers scandal threatens to dim his shine. Since taking office in December, Macri has become the face of a nascent right-wing resurgence in Latin America, boldly tearing up more than a decade of protectionist economic policy under his leftist predecessors, Nestor and Cristina Kirchner. No sooner was the ink dry on those reforms than he jetted off to the World Economic Forum in Davos — which the Kirchners always shunned — to rub shoulders with the likes of British Prime Minister David Cameron, US Vice President Joe Biden and the chief executives of Coca Cola, Google and Shell.

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