Word: alfonse
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Stiff of bearing and devoutly Roman Catholic, Lieut. General Jorge Rafael Videla was a reassuring figure to many Argentines in March 1976, when he emerged as President of a military government intent on ending years of economic chaos and political violence. Then Videla led Argentina's armed forces into...
Despite last week's meeting, the Latin American countries do not form a united and cohesive bloc. While the two heaviest debtors, Brazil ($93.1 billion) and Mexico ($89.8 billion), have taken drastic measures to rein in their runaway economies, Argentina ($45.3 billion) is still a maverick. Two weeks ago...
Few subjects infuriate Argentine President Raúl Alfonsín more than what happened to the billions of dollars his country borrowed in the late '70s. Says he: "The foreign debt's most irritating feature for the Argentines is that the money was not converted into the...
As developing nations have gone deeper into debt in recent years, the IMF has become a major target of their hostility. They covet its money, but fear the consequences of borrowing it. Argentina, for example, desperately needs $2.1 billion in IMF credits. But in return for the money, the fund...
While Alfonsín haggles with the IMF, a crucial deadline is drawing perilously close. If Argentina does not pay $500 million in interest on its $43.6 billion debt by June 30, U.S. banks will have to subtract the missing payments from second-quarter profits. Faced with a similar dilemma...