Word: menem
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Dates: during 1990-1999
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ARGENTINA. President Carlos Menem is presiding over a remarkable revival of what was a once moribund economy, but his austerity program has triggered a series of food riots in the suburbs of Buenos Aires...
...Menem's Ploy...
Argentine President Carlos Menem, at a rare meeting with his predecessor, Raul Alfonsin, leader of the opposition Civic Radical Union Party, won support for a constitutional measure lifting the ban on successive presidential terms. The deal canceled a scheduled referendum on the issue, which seemed likely to prove an embarrassing defeat for the Radicals. The reform must be ratified by the Civic Radical Union Party; it is then expected to breeze through the legislature. With a 40% approval rating, 10% ahead of any rival's, Menem is likely to make a bid for a second term...
...Just because you receive a world-famous model, is that a sign of frivolity? . . . Such comments are mental dwarfism." -- PRESIDENT CARLOS SAUL MENEM OF ARGENTINA, ANSWERING CRITICS AFTER CLAUDIA SCHIFFER MET WITH HIM IN BUENOS AIRES
...South American mayor said that in addition to privatization, increased political stability under Menem has proved vital to economic reform...