From Argentina comes this report that a new government is preparing to step in, as CRISTINA FERNANDEZ DE KIRCHNER makes her exit as President.
Conservative MAURICIO MACRI, who won a run-off election last month, is due to be sworn in as President.
The outgoing President has already delivered her farewell speech in Buenos Aires, during which she made an emotional appeal to her supporters.
KIRCHNER urged people to take to the streets if they feel betrayed by the new centre-right government.
The outgoing President will not be present at the swearing-in ceremony, due to a disagreement over where the event should hold.
