Word: argentinas
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...Neill was derided as an outsider by Wall Street and Washington, but that never troubled Bush. He considered it an asset. Yet O'Neill's stint has been rocky from the start. His penchant for making off-the-cuff quips on everything from Argentina's economic collapse to the merits of a strong dollar has roiled markets around the world and cost him the limited clout he had on the Street. "It's not that he's bad, and it's not that he's dumb," says a New York banker who attended a meeting with O'Neill last week...
...general strike to protest the country's worsening economic crisis. Demonstrators threw rocks and robbed supermarkets, bakeries, butchers' shops and a pizzeria before the police moved in. The rioting came two days after the government ordered banks to close to stop people withdrawing their savings in reaction to Argentina's continuing crisis...
...meltdown in Latin America continues to take its toll much farther afield. Case in point: Spanish companies, which are feeling an ongoing pinch from their investments in the region. As if Argentina's collapse and Uruguay's wobbles were not worrying enough, some of Spain's biggest names are also taking a clobbering because of their exposure to Brazil. Over the past 10 years, Spanish firms have poured more than €50 billion in Brazil - double the amount invested in Argentina - particularly across the telecom, banking and energy sectors. But the Brazilian real has gone into a downward spiral...
...Neill was derided as an outsider by Wall Street and Washington, but that never troubled Bush. He considered it an asset. Yet O'Neill's stint has been rocky from the start. His penchant for making off-the-cuff quips on everything from Argentina's economic collapse to the merits of a strong dollar has roiled markets around the world and cost him the limited clout he had on the Street. "It's not that he's bad, and it's not that he's dumb," says a New York banker who attended a meeting with O'Neill last week...
...crack down on shameless diving, giving defenders the benefit of the doubt in 50-50 situations and ignoring minor infringements to keep the games flowing. Pierluigi Collina, in particular, won praise and a place in the final for controlling games that could have become ugly grudge-fests (i.e. Argentina vs. England...