MercoPress. South Atlantic News Agency
World Bank warns of “great uncertainty” in Argentina; policy corrections needed
The death of former Argentine President Nestor Kirchner creates “great uncertainty” in South America’s second-biggest economy and a rally in stocks and bonds may have been unwarranted, the World Bank’s chief economist for Latin America said. Read full article
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Disclaimer & comment rulesFunny how people like de la Torre, from large international financial organizations, (and, while we're at it, journalists from business periodicals, which are always right wing), invariably have their knives out for Argentina. Meanwhile, the country moves from success to success, with amazing growth, under Kirchner policies. There is a disconnect here. If any of these “experts” saw Cristina in action, speaking brilliantly and taking bold action for the sake of ALL Argentines, they would have to tell a different story, or at least have the grace to shut their mouths.
Nov 02nd, 2010 - 05:39 pm - Link - Report abuse 021% of your population is lacking potable running water, is that a success? Inflation is 25-30% this year! Hospitals and Schools are crumbling, huge protests because of insecurity, I could go on and on.
Nov 03rd, 2010 - 12:17 pm - Link - Report abuse 0Everyone can see this so called heterodoxy economic model is going to fail except Argentinians. it is just a matter of time. Either you have never traveled outside of Latin America and don't know any better or you are mentally ill.
Did I miss something Dorian? De La Torre merely seems to be saying that it's strange how stocks and bonds have bounced after Nestor Kirchner's death and suggests that some Argentine Govt policies might require rethinking....hardly sounds like he “has the knives out” for Argentina.
Nov 04th, 2010 - 12:54 am - Link - Report abuse 0Commenting for this story is now closed.
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