Word: argentina
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...Argentina international financing for free-market reform is in jeopardy. In India foreign institutional investors have dumped their holdings, sending the stock market into a steep plunge. In Japan a sharp increase in the damage estimate of the Kobe earthquake has sent the Tokyo market tumbling as money managers expect the country to cash in some of its foreign holdings to pay for reconstruction. In the U.S. investors are pulling back even further in anticipation of yet another interest-rate hike, which would make overseas capital markets even less attractive than they are today...
...Latin American figures such as Argentina's Minister of Economy, Public Works and Service, Domingo Cavallo, and former Mexican president Carlos Salinas de Gortari are Harvard graduates. They've embraced, and with a degree of success implemented, liberalization and the discipline imposed by its corollaries...
Already, the sales pitch is several decibels louder. On his trip to Latin America last month, Perry said he would entertain requests from Argentina and Brazil for the U.S. Air Force's frontline F-16 fighters. Washington once discouraged such sales. In April the Administration, reversing U.S. policy, permitted Mississippi's Ingalls Shipbuilding to begin talks on constructing diesel submarines -- worth $350 million each -- for Egypt and other countries. And Rockwell International Corp. has begun seeking foreign buyers for its $80 million-a-copy AC-130 gunship, a specially modified cargo plane that puts a 105-mm howitzer into...
...have no explicit proof that bribes were taken because nobody is stupid enough to write a receipt for a bribe." --Antonio Cartana, a city ombudsperson of Buenos Aires, Argentina, on an investigation of alleged bribes to municipal inspectors, as quoted in The New York Times...
...attorneys have evidence that U.S. spooks paid him at least $10 million for favors -- a lot more than the $320,000 U.S. officials earlier acknowledged. U.S. censors blacked out large swaths of the brief, but Noriega's defense says he was paid to smooth clandestine U.S. efforts in Argentina and Nicaragua. What's more, he was paid $2 million to care for the shah of Iran. A judge barred the material from Noriega's drug trial, leaving his lawyers without "evidence to explain the source of his income in response to the government's claim of unexplained wealth," the brief...