Argentina's perilous economic plight is getting comprehensive coverage on British television and big headlines in the British media, such as Argentina fails to win vital IMF loan and IMF refuses to rescue Argentina. The sad repercussions and hardship caused in Argentina are widely reported.
An influential member of the Chilean ruling coalition argued president Ricardo Lagos can not remain quiet or numb to opposition's accusations that pretend to deny the government achievements
The 2002 budget and the Federal participation agreement are the two stalling points that prevent Argentina from having access to the crucial 1,3 billion US dollars International Monetary Fund disbursement.
Chilean Foreign Affairs Minister Soledad Alvear praised US House of Representatives approval of the Trade Promotion Authority, TPA, or fast track, as it was described during the Clinton administration years
After completing the first of two rounds of a massive debt swap, that Argentine government officials described as a resounding success, Argentina restricted money withdrawals to impede a continuing loss of bank deposits and in preparation for discussions with grumbling international investors.