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...dual-party system broke down following the downfall of the disastrous Radical administration of President Fernando de la Rua in 2001. Economic collapse and social unrest led Argentina to default on $141 billion in foreign debt. Since then, the rambunctious Peronists have dominated Argentina's political scene, first under Nestor Kirchner, who oversaw the country's return to decent economic health, and then under his wife Fernandez, who was labeled Argentina's new Evita when she won the presidency herself. (See the top 10 feuds...

Author: /time Magazine | Title: Argentina's War of Words at the Top | 1/20/2010 | See Source »

After a day of testimony, Cambridge District Court Judge Matthew J. Nestor said he was convinced that Galluccio had been drinking when he tested positive for alcohol on Dec. 21. Galluccio, who was led from the court in handcuffs, will serve his term in the Middlesex House of Correction, the Boston Globe reported...

Author: By Julie M. Zauzmer, CRIMSON STAFF WRITER | Title: BRIEF: Senator Galluccio Sentenced to Year in Prison | 1/5/2010 | See Source »

...Central Bank's exclusive authority doesn't give it creative license to invent new styles of currency that stray from the technical specifications laid out in the Monetary Law. "The government couldn't just start circulating cacao beans and say it's currency like the indigenous did," says economist Nestor Avendano. "They have to respect...

Author: /time Magazine | Title: For Nicaraguans, New Currency Is a Hot Potato | 5/23/2009 | See Source »

...remains to be seen whether all these intentions become reality. But it's a sign of the times that one of the signatories of the G-20 communiqué was Argentina's President Cristina Fernandez de Kirchner. Her husband Nestor Kirchner, whom she succeeded as President, has long been one of the IMF's most vocal critics; he blamed it for causing a national economic "catastrophe" and spurned its help when he started rebuilding Argentina's shattered economy in 2003. It probably helped that shortly before the G-20 announcement, the IMF gave the world a peek...

Author: /time Magazine | Title: International Monetary Fund 2.0 | 4/20/2009 | See Source »

...referendum last month. The question now is whether both leaders will eventually follow their ally Chavez's lead and seek the right to run for re-election indefinitely. Elsewhere, political watchers are waiting to see if Argentina's President Cristina Fernandez, along with her predecessor and husband, Nestor Kirchner, will try to get term limits relaxed as well. Nicaraguan President Daniel Ortega is another...

Author: /time Magazine | Title: What Chávez Win Means for Latin American Democracy | 2/16/2009 | See Source »

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