Word: peronists
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...Radicals tried to downplay the resurgence of the blue collar-based Peronist movement. "We knew it was coming," said Edgardo Catterberg, a party pollster. "There was a national sense of unfulfilled expectations." At issue was the government's handling of the economy. Inflation, which was running in the single digits two years ago, is now nearly 14%. Alfonsin's determination to make regular interest payments on Argentina's $54 billion foreign debt also continues to stir controversy. Addressing a business group late in the week, he cautioned, "We have lost the elections, but the tree has not fallen...
...case of the missing hands has stirred up political turmoil in Argentina. More than 50,000 members of the populist dictator's Peronist Party and its trade union ally, the General Confederation of Labor, attended a Mass of mourning last week. Distraught Peronistas cried in one another's arms. Some held up posters that read YOUR HANDS ARE THE HANDS OF THE PEOPLE. The government of President Raul Alfonsin, which only two months ago survived a military uprising, blamed "rightist" elements bent on destabilizing the country's young democracy for the theft...
...meant an immediate cash infusion of $1 billion and restored the country's reputation with the financial community. But politically the aftershock could have been devastating. Widespread strikes and rioting would probably have followed, threatening Alfonsin's young democratic government. Some union leaders, allied with the opposition Peronist party, predicted "social convulsion" if Alfonsin caved...
...seemed to indicate that the United States had no faith in democracy and that the military was expected to play an important political role in the years to come. Congress thankfully blocked the arms sales, but the blunders continued. Embassy officials criticized human rights workers, explaining that a Peronist victory would best serve American interests. In November, just one month after Alfonsin's election, Robert Schweitzer, an official with the Inter-American Defense Board, slipped into Argentina to meet with top military officials, without telling the new leaders. This enraged Alfonsin--and rightly so--enough that the United States lifted...
Argentina promised last week that it would slash its government deficit from 14% of national output to 9% as a way of curbing inflation. But Alfonsin may have trouble getting Argentine labor unions to accept wage restraint. The opposition Peronist party tightly controls many of the unions. Alfonsin has tried unsuccessfully to push a bill through Congress that would have made unions more democratic...