Word: kirchners
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...also feeling the direct impact of their unpopularity: in the past few weeks, both Argentina and Brazil have announced that they are paying back their entire outstanding debt to the IMF?a combined total of $25 billion?in order to wriggle free of its policy conditions. Argentine President Nestor Kirchner accuses the IMF of causing many of his nation's economic woes. In the Ivory Coast, it's the U.N. that is the focus of government wrath. Following a recommendation last week by a U.N.-backed international working group that the Ivorian parliament?which is dominated by supporters of President...
...Davos Diary: Day Two," by Red Herring "Welcome to Silicon Valley-Meets-Davos, the annual Friday night party hosted by Accel Partners during the World Economic Forum. This year’s bash, co-hosted by Google at the Kirchner Museum, featured champagne, oysters, and a star-studded roster of guests. Partygoers included [...] Harvard University President Larry Summers...
...from) for his growing “security forces.” As the Bush administration turns its eyes away from Latin America, Chávez buys influence in the region by aiding Caribbean economies and helping his Argentine “brother” President Néstor Kirchner rid his country of the International Monetary Fund...
...Chavez's skillful management of petroleum revenues to restart the economy; imitate Brazil's President Lula da Silva in achieving consensus with Mexico's labor unions; follow the lead of Bolivia's Morales in coming to terms with the country's Indian population; and from Argentina's President Nestor Kirchner, he will learn to confront the International Monetary Fund. For their part, his rivals and their friends-including the Catholic Church-are preparing to paint him as an extremist. Expect a raucous campaign. -By Dolly Mascarenas/Mexico City...
Meanwhile, George W. Bush's appeal is at a low ebb with America's neighbors. Last fall the U.S. President met violent street protests at the Summit of the Americas in Argentina, where his hemispheric free-trade proposal was buried--and where Argentine President Nstor Kirchner, another leftist, heads a growing revolt against the U.S.-backed debt policies of the International Monetary Fund. For much of the 1990s, governments from Mexico City to Buenos Aires embraced the free-market reforms known as the Washington Consensus. But that is no longer true. In 1998 the richest 10% of Latin America...