Stories for December 30th 2002
Argentina world's “worst” stock market
Argentina has been described as the world's worst performing stock market in the British media. British investors lost 62 pence in every pound invested in the Argentine stock market, which fell by over 61 per cent in what the London Times newspaper calls “economic meltdown”. This was nearly twice as bad as the second worst performing stock market ? Germany, which lost 38 per cent of its value.
Duhalde thanks aides for saving Argentina from “anarchy”
President Eduardo Duhalde on Monday thanked his ministers for helping to stem over the past year a social, political and economic crisis that took Argentina “only a step away from anarchy.” “One year ago, when we assumed power, the country was just a step away from anarchy, with clashes among Argentines,” Duhalde said at a meeting of some 450 government officials at the Olivos presidential residence.
Hake ban set in Common Fishing Zone
A preventive summer ban on Hubbsi Hake is being imposed from 1 January to 31 March in the Common Fishing Zone (CFZ) shared by Argentina and Uruguay.
