Stories for August 2001
Fears of a damaging arms race in South America have been expressed as a result of French ambitions of boosting sales of Dassault Aviation's sophisticated supersonic Mirage combat aircraft, in partnership with Brazil's booming Embraer aircraft manufacturer.
International Monetary Fund Director General, Horst Koehler announced he will recommend an accelerated disbursement of a 1,2 billion US dollars loan to Argentina, once the IMF mission currently in Buenos Aires, ends its review of the country's austerity program.
Argentina could be the victim of a strong dispute between the US Treasury and Wall Street who are odds over investments in emerging markets bonds, where returns are greater but not necessarily the risks, according to some US economists.
Andrés Pivcevic pioneer in charter flights to the Falkland Islands from Chile is now involved in the creation of a regional air company that will fly to the extreme south and north of the country, according to Punta Arenas press.
In a surprisingly forceful, and candid, speech during the official inauguration of the annual Palermo Agricultural Show, President Fernando De la Rúa vigorously promoted the zero-deficit austerity package and also admitted a cover up operation regarding foot and mouth disease.
You can be certain I'll be back in 2003 as president of Argentina, forecasted former president Carlos Menem to British Channel 4.