The institutional crisis facing Argentina remains open in spite of the resignation of the Central Bank president Martin Perez Redrado and is centred on whether the Executive can put its hands on the international reserves to pay sovereign debt.
Argentina’s former president Nestor Kirchner purchased two million US dollars just a few days after the collapse of Lehman Brothers in September 2008 which triggered the current world downturn and when the government of President Cristina Fernandez de Kirchner (his wife) was under extreme pressure to devalue the currency.
Brazil sees a positive attitude and a good indication of “reconciliation” attempts by the recently inaugurated Honduran president Porfirio Lobo. “The new president acted in a politically positive manner when he negotiated a safe conduct for the deposed president, Manuel Zelaya”, said Foreign Affairs minister Celso Amorim.
An insurance levy on financial institutions to help bail out banks in any future financial crisis has been backed at the World Economic Forum. Politicians and bankers have expressed support for the idea, while the International Monetary Fund (IMF) has described it as practical.
Lady Thatcher was eating up to 28 eggs a week as part of a high-protein diet in the run-up to the 1979 general election, newly-released files suggest. Intended to help her shed 9 kilos in two weeks, the diet is outlined in a note found in a diary from that year.
Australia announced last week the first tax treaty with Chile. Nick Sherry, Assistant Treasurer of Australia, announced that Australia and Chile had reached agreement on a new tax treaty. The proposed treaty, the first between the two countries, will reflect the economic, legal and cultural interests of each.
Brazilian cabinet chief Dilma Rousseff, (62) hand picked by President Lula da Silva as the ruling coalition’s candidate for next October presidential election, finally openly admitted that “yes” she would love to be nominated as the popular leader’s “successor”.
Haitian police have arrested 10 US nationals on suspicion of trying to illegally take 33 children abroad.
DESPITE the very real progress being made by BACTEC (Battle Area Clearance and Training Equipment Consultants) on the demining of Surf Bay and Sapper Hill minefields, several factors have culminated in the need to bring a further group of deminers to the Falklands.
Brazilian President Luiz Inacio Lula da Silva said Saturday he is in perfect health two days after being hospitalized for a high-blood-pressure attack that forced him to cancel his attendance at a global economic forum.