A giant iceberg twice as long as a US Navy nuclear powered aircraft carrier has been spotted floating towards New Zealand.
Argentina’ former Economy minister Roberto Lavagna said on Thursday that when governments begin to fail, “they begin to look for all kind of excuses”. The administration of President Cristina Fernandez de Kirchner faced with mounting social unrest and financial problems claims a “destabilization plan” has been set in motion.
Since September last year the government of Argentine President Cristina Fernandez de Kirchner has faced 7.658 street protests and blocked routes, which is 68% more than the 4.451which took place during the four years mandate of her predecessor in the job and husband, Nestor Kirchner. This works out at an average 340 monthly street protests since Mrs. Kirchner took office in December 2007.
The International Monetary Fund said that record low US interest rates are funding global “carry trades” and the dollar is still overvalued as concerns mount that new financial imbalances are forming.