Argentina’s economy minister Sergio Massa will run for president as the sole candidate of the ruling coalition, Union por la Patria. The decision follows the announcements by interior minister Eduardo de Pedro and Daniel Scioli to run for the Peronist nomination, though they are expected to withdraw their bids in support of the coalition’s unity. Meanwhile, Argentina’s GDP grew by 1.3 percent YoY in Q1 2023, below market forecasts and down from the previous quarter’s growth, mainly due to a historic drought impacting grain production.