Word: nestor
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...last chance to salvage a peace agreement brokered last December between the two sides. Separatist rebels have been fighting for an independent Aceh since 1976. PRESIDENT BY DEFAULT ARGENTINA Presidential candidate Carlos Menem withdrew from the race just days before a runoff vote after polls showed his opponent, Nestor Kirchner, would win in a landslide. Kirchner, now victor by default, will assume the presidency on May 25. With the country facing massive foreign debt and half the population in poverty, Kirchner says he will work to restore the confidence of the IMF to regain economic stability. MEANWHILE...
...agreement between the oil workers' union and the rigs' owners, U.S.-based Transocean company. Hostage taking is not uncommon in the Southern Niger Delta, where much of the population remains extremely poor despite the country's vast petroleum resources. Race to the Finish argentina Presidential hopefuls Carlos Menem and Nestor Kirchner kicked off their campaigns for the May 18 runoff after leading the first round of voting with 24% and 22% of the vote, respectively. Both Menem, a proponent of the free market, and the center-left Kirchner are members of the divided ruling Peronist Party. Menem...
...those same polls show that Menem, 72, of the Peronist Party, is the surprising front runner in this Sunday's presidential election. Although his numbers are relatively small--18.3% vs. 16.8% for his closest competitor, Santa Cruz Governor Nestor Kirchner, another Peronist--half of those polled say they think Menem will win. As bad as Menem may have been as President, say Argentine pundits, his successors (incredibly, there have been five since the 2001 crash) created an even bigger mess, and jaded Argentines have apparently decided that Menem is as good as their politicians will ever get. Menem...
Coffee prices have plummeted to all-time lows in recent months and are currently less than 50 cents per pound. But while purchasing prices have decreased, coffee companies have not lowered consumer prices—they are pocketing the difference. According to Nestor Osorio, the executive director of the International Coffee Organization, in the last decade, the major coffee companies’ revenues have doubled, while the earnings of ordinary coffee farmers have been slashed by two-thirds. This drastic fall in prices has hurt thousands of small coffee producers in Latin America and has perpetuated poverty and hardship among...
...Argentines in poverty and 24% of them unemployed. Yet those same polls show that Menem, 72, of the Peronist Party, is the surprising front runner in this Sunday's presidential election. Although his numbers are relatively small - 18.3% vs. 16.8% for his closest competitor, Santa Cruz Governor Nestor Kirchner, another Peronist - half of those polled say they think Menem will win. As bad as Menem may have been as President, say Argentine pundits...