The Latest Breaking News from Daniel Scioli

Candidates for Argentina's October general election are assembling for what looks to be an open and uncertain race, with most established political leaders on the sidelines after President Alberto Fernandez last week ruled out reelection.

Argentina's three most recent presidents have bowed out of the October general election campaign, throwing the race wide open and the outcome in the balance, with the only sure candidate a far-right libertarian who wants to dismantle the central bank.

Argentina's leftist populist Vice President Cristina Fernandez de Kirchner is gaining power behind the scenes after a government shakeup, redrawing battle lines within a weakened ruling Peronist coalition ahead of elections next year.

Buenos Aires (AFP) - Argentina's peso fell sharply against the US dollar on the informal market Monday after the appointment of a new economy minister who sought to calm investor jitters by vowing to pursue "fiscal balance."