Word: argentina
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DOMINGO CAVALLO Economy Minister, Argentina...
...among the final four teams, and in sight of the Cup, but was blown away, 6-1, by international powerhouse Argentina in the semifinals...
Will it be able to dethrone France and conquer juggernauts such as Italy, Germany, Argentina, and Brazil? Will old Jules come to the United States for the first time...
...expected onslaught of anti-globalism protests never materialized. And maybe it was the U.S.'s first-quarter GDP numbers. But considering the currently tenuous state of the global economy - slowdown in the U.S., slowdown in Europe, recession in Japan, not to mention the ongoing meltdowns in Turkey and Argentina - this weekend's meeting of finance ministers and central bankers from the G7 industrialized nations was a surprisingly cheery affair...
...Moreover, Mercosur at the moment is even more profoundly concerned than usual with its own weakness. Argentina's financial crisis, which has sopped up some $40 billion in emergency loans from the International Monetary Fund, has put the country virtually into economic receivership. In Buenos Aires last month, the government of President Fernando de la Rua introduced an emergency economic package of tax reforms and business incentives that it hopes will pull the nation back onto its feet. De la Rua also appointed Domingo Cavallo, a renowned free-marketeer, as his latest Finance Minister, with sweeping powers to dictate economic...