The controversial International Monetary Fund, IMF, Deputy Director General Ann Krueger presented Argentina a three points recipe which she believes will help overcome the country's current financial crisis and free much needed fresh funds.
Latinamerica is expected to end 2002 with a dismal growth of 0,2%, a depressing global outlook for some of the leading economies of the region, according to the latest report from CEPAL, United Nations Economic Commission for Latinamerica.
Government and opposition have closed ranks in condemning several international banks that are warning investors about a possible victory of Socialist Luis Inacio da Silva, Lula, in the coming Brazilian October presidential election to succeed president Fernando Cardoso.
Argentina ensured Chile that the supply of oil and natural gas will proceed, and be honored, as established in the bilateral agreements. Argentine Foreign Affairs Secretary Carlos Ruckauf visited Santiago to relieve Chilean officials who were shocked when a few weeks ago in the midst of a labor dispute, union leaders blocked the supply of natural gas to Chile.
Rafael María Delpech is Argentina's new Agriculture, Livestock and Fisheries Secretary. Mr. Delpech replaces Mr. Miguel Paulón who resigned in protest over President Duhalde's administration decision to tax up to 30% agriculture and fisheries exports.
The conclusion that there would be no 'contagion' from the Argentine crisis seems to have been premature ÃÃ‚Âor so a growing number of personalities have been suggesting.
Former Bolivian president Hugo Banzer, a military dictator who later was democratically elected died this week in his hometown of Santa Cruz.
In the latest reshuffle of his embattled Cabinet, Argentine President Eduardo Duhalde on Friday swore in three new ministers and brought radical trade union power into the heart of his government.
“Menem returns!” proclaims a message scrawled on the dusty colonial square in La Rioja, a far-flung Argentine city near the border with Chile.
Argentina's peso held firm against the dollar Monday as banks and foreign currency houses reopened after a weeklong shutdown and as a new economy minister was taking charge.