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Presidency Of Néstor Kirchner
The Presidency of Néstor Kirchner began on 25 May 2003, when Néstor Kirchner became President of Argentina. He was the Governor of Santa Cruz during the 2003 general election, he was elected second to Carlos Menem but became president when Menem refused to go for a required runoff election. In elections of October 2007, he declined for a second term and was later succeeded by his wife, Cristina Fernández de Kirchner as President. 2003 presidential election Even though Kirchner ran for presidency with the support of Eduardo Duhalde, he was not the initial candidate chosen by the president. Trying to prevent a third term of Carlos Menem, he sought to promote a candidate that may defeat him, but Carlos Reutemann (governor of Santa Fe) did not accept and José Manuel de la Sota (governor of Córdoba) did not grow in the polls. He also tried with Mauricio Macri, Adolfo Rodríguez Saá, Felipe Solá and Roberto Lavagna, to no avail. He initially resisted helping Kirchner, fearing t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Casa Rosada
The ''Casa Rosada'' (, eng, Pink House) is the office of the president of Argentina. The palatial mansion is known officially as ''Casa de Gobierno'' ("House of Government" or "Government House"). Normally, the president lives at the Quinta de Olivos, the official residence of the president of Argentina, which is located in Olivos, Greater Buenos Aires. The characteristic color of the Casa Rosada is baby pink, and it is considered one of the most emblematic buildings in Buenos Aires. The building also houses a museum, which contains objects relating to former presidents of Argentina. It has been declared a National Historic Monument of Argentina. History The ''Casa Rosada'' sits at the eastern end of the Plaza de Mayo, a large square which since the 1580 foundation of Buenos Aires has been surrounded by many of the most important political institutions of the city and of Argentina. The site, originally at the shoreline of the Río de la Plata, was first occupied by the "Fort of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adolfo Rodríguez Saá
Adolfo Rodríguez Saá (born 25 July 1947) is an Argentine Peronist politician. Born in a family that was highly influential in the history of the San Luis Province, he became the province's governor in 1983, after the end of the National Reorganization Process military dictatorship. He remained governor up to 2001, being re-elected in successive elections. President Fernando de la Rúa resigned in that year, amid the December 2001 riots, and the Congress elected Rodríguez Saá as the president of Argentina. In response to the 1998–2002 Argentine great depression, he declared the highest sovereign default in history and resigned days later amid civil unrest. The Congress elected a new president, Eduardo Duhalde, in order to complete the term of office of de la Rúa (but Duhalde failed to do so, and eventually that term was completed by Néstor Kirchner, instead). Rodríguez Saá ran for President subsequently in the 2003 and 2015 presidential elections, but he was not succe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mark Weisbrot
Mark Alan Weisbrot is an American economist and columnist. He is co-director with Dean Baker of the Center for Economic and Policy Research (CEPR) in Washington, D.C. Weisbrot is President of Just Foreign Policy, a non-governmental organization dedicated to reforming United States foreign policy. Early life and education Weisbrot was born in Chicago, Illinois. He graduated from the University of Illinois at Urbana–Champaign with a bachelor's degree in economics. Weisbrot received his Ph.D. in economics from the University of Michigan. Career In 1999, Weisbrot co-founded, together with economist Dean Baker, the Center for Economic and Policy Research (CEPR), a think tank which produces economic research on topics that affect people's lives to contribute to the public debate in the U.S. (inequality, macroeconomic policy and stability, labor markets, health and social programs, intellectual property, social security), and internationally: globalization and trade, the Interna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Argentine Debt Restructuring
The Argentine debt restructuring is a process of debt restructuring by Argentina that began on January 14, 2005, and allowed it to resume payment on 76% of the US$82 billion in sovereign bonds that defaulted in 2001 at the depth of the worst economic crisis in the nation's history. A second debt restructuring in 2010 brought the percentage of bonds under some form of repayment to 93%, though ongoing disputes with holdouts remained. Bondholders who participated in the restructuring settled for repayments of around 30% of face value and deferred payment terms, and began to be paid punctually; the value of their nearly worthless bonds also began to rise. The remaining 7% of bondholders were later repaid in full, after centre-right and US-aligned leader Mauricio Macri came to power in 2015. As part of the restructuring process, Argentina drafted agreements in which repayments would be handled through a New York corporation and governed by United States law. The holdout bondhold ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Default (finance)
In finance, default is failure to meet the legal obligations (or conditions) of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond which has reached maturity. A national or sovereign default is the failure or refusal of a government to repay its national debt. The biggest private default in history is Lehman Brothers, with over $600 billion when it filed for bankruptcy in 2008. The biggest sovereign default is Greece, with $138 billion in March 2012. Distinction from insolvency, illiquidity and bankruptcy The term "default" should be distinguished from the terms "insolvency", illiquidity and " bankruptcy": * Default: Debtors have been passed behind the payment deadline on a debt whose payment was due. * Illiquidity: Debtors have insufficient cash (or other "liquefiable" assets) to pay debts. * Insolvency: A legal term meaning debtors are unable to pay their debts. * Bankruptcy: A legal finding tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Recovery
An economic recovery is the phase of the business cycle following a recession. The overall business outlook for an industry looks optimistic during the economic recovery phase. During the recovery period, the economy goes through a process of economic adaptation and change to new circumstances, including the reasons that caused the recession in the first place, as well as the new policies and regulations enacted by governments and central banks in reaction to the recession. When displaced workers find new employment and failing enterprises are bought up or broken up by others, the labor, capital goods, and other economic resources that were tied up in businesses that failed and went under after the recession are re-employed in new industries. Recovery is the process by which the economy heals itself from the harm it has sustained, paving the way for future growth. "Terms such as 'recovery', 'reconstruction', and 'rebuilding' might suggest a return to the status quo before the co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fernando De La Rúa
Fernando de la Rúa (15 September 19379 July 2019) was an Argentine politician and a member of the Radical Civic Union (UCR) political party who served as President of Argentina from 10 December 1999 to 21 December 2001. De la Rúa was born in Córdoba; he entered politics after graduating with a degree in law. He was elected senator in 1973 and unsuccessfully ran for the office of Vice President as Ricardo Balbín's running mate the same year. He was re-elected senator in 1983 and 1993, and as deputy in 1991. He unsuccessfully opposed the pact of Olivos between President Carlos Menem and party leader Raúl Alfonsín, which enabled the 1994 amendment of the Argentine Constitution and the re-election of Menem in 1995. De la Rúa was the first chief of government of Buenos Aires to be elected by popular vote, a change introduced by the amendment of the Constitution. He expanded the Buenos Aires Underground, adding new stations to Line D, starting the expansion of Line B, and est ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
December 2001 Riots In Argentina
The December 2001 crisis, sometimes known as the Argentinazo (), was a period of civil unrest and rioting in Argentina, which took place during December 2001, with the most violent incidents taking place on 19 and 20 December in the capital, Buenos Aires, Rosario and other large cities around the country. It was preceded by a popular revolt against the Argentine government, rallying behind the motto "All of them must go!" (), which caused the resignation of then-president Fernando de la Rúa, giving way to a period of political instability during which five government officials performed the duties of the Argentinian presidency. This period of instability occurred during the larger period of crisis known as the Argentine great depression, an economic, political, and social crisis that lasted from 1998 until 2002. The December 2001 crisis was a direct response to the government's imposition of "Corral" policies () at the behest of economic minister Domingo Cavallo, which restr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Argentine Economic Crisis (1999–2002)
Argentines (mistakenly translated Argentineans in the past; in Spanish (masculine) or (feminine)) are people identified with the country of Argentina. This connection may be residential, legal, historical or cultural. For most Argentines, several (or all) of these connections exist and are collectively the source of their being ''Argentine''. Argentina is a multiethnic and multilingual society, home to people of various ethnic, religious, and national origins, with the majority of the population made up of Old World immigrants and their descendants. As a result, Argentines do not equate their nationality with ethnicity, but with citizenship and allegiance to Argentina. Aside from the indigenous population, nearly all Argentines or their ancestors immigrated within the past five centuries. Among countries in the world that have received the most immigrants in modern history, Argentina, with 6.6 million, ranks second to the United States (27 million), and ahead of other immigr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Néstor Kirchner Y Roberto Lavagna-Buenos Aires-23 De Agosto De 2004
Nestor is a given name of Greek origin. In Greek mythology it comes from that of Nestor, the son of Neleus, the King of Pylos and Chloris. The Greek derivation is from a combination of "νέομαι" eomai- "go back", and "νόστος" ostos- "one who returns from travels". People with the name * Nestor of Gaza (died c. 362), early Christian martyr * Nestor of Laranda (2nd–3rd century), Greek poet * Nestor of Magydos or ''Saint Nestor'', Christian saint (died 250) * Nestor of Thessaloniki, another saint (died c. 300) * Nestorius (c.386–c.451), Patriarch of Constantinople, 428–431 * Nestor the Chronicler (c.1056–c.1114), reputed author of the earliest East Slavic chronicle * Néstor Botero (1919-1996), Colombian journalist, writer and merchant * Nestor Carbonell (born 1967), American actor * Nestor Forster (1963–), Brazilian diplomat * Néstor García (other), multiple people * Nestor Ignat (1918–2016), Romanian journalist and writer * Néstor Kirchner ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Runoff Election
The two-round system (TRS), also known as runoff voting, second ballot, or ballotage, is a voting method used to elect a single candidate, where voters cast a single vote for their preferred candidate. It generally ensures a majoritarian result, not a simple plurality result as under First past the post. Under the two-round election system, the election process usually proceeds to a second round only if in the first round no candidate received a simple majority (more than 50%) of votes cast, or some other lower prescribed percentage. Under the two-round system, usually only the two candidates who received the most votes in the first round, or only those candidates who received above a prescribed proportion of the votes, are candidates in the second round. Other candidates are excluded from the second round. The two-round system is widely used in the election of legislative bodies and directly elected presidents, as well as in other contexts, such as in the election of politica ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luiz Inácio Lula Da Silva
Luiz Inácio Lula da Silva (; born Luiz Inácio da Silva; 27 October 1945), known mononymously as Lula, is a Brazilian politician, trade unionist, and former metalworker who is the president-elect of Brazil. A member of the Workers' Party, he was the 35th president of Brazil from 2003 to 2010. After winning the 2022 Brazilian general election, he will be sworn in on 1 January 2023 as the 39th president of Brazil, succeeding Jair Bolsonaro. Of working-class origin, he migrated as a child from Pernambuco to São Paulo with his family. He began his career as a metalworker and trade unionist. During the military dictatorship in Brazil, he led major workers' strikes between 1978 and 1980, and helped start the Workers' Party in 1980, during Brazil's political opening. Lula was one of the main leaders of the Diretas Já movement which demanded democratic elections. In the 1986 Brazilian legislative election, he was elected as a federal deputy in the state of São Paulo with the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
