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Argentina's beef with IMF.(Between The Lines)(International Monetary Fund)
ITEM: Hundreds of protesters in Buenos Aires, reported Reuters on August 31, "sparred with police and burned tires just a stone's throw away from where [International Monetary Fund] chief Rodrigo Rata was meeting ... with Argentine officials on his maiden visit to the financially crippled country."
Rato's visit followed Argentina's suspension of its participation in the IMP" loan program. According to Reuters, Buenos Aires wanted to "concentrate on reaching an agreement with private creditors on $100 billion in debt on which it defaulted in January 2002."
BETWEEN THE LINES: There's plenty of blame to share for the largest sovereign default in history, including corruption and mismanagement in Argentina. While the mobs may be misguided about the IMF, the fund itself has admitted to considerable culpability.
Argentina would probably not now have a half-million creditors if many of them hadn't expected that loans to Buenos Aires would be guaranteed. A recent IMF report acknowledges that it kept throwing money at Argentina, "even after it ...
- Buenos Aires: The Long Arm of Crime.
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...bank cash machines in Buenos Aires, combined with an...during a visit to Buenos Aires by Rodrigo Rato, head of the International Monetary Fund. Citibank officals...reputation," says Buenos Aires Mayor Anibal Ibarra...
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...Business News Jan. 15--BUENOS AIRES, Argentina -- Negotiations...with the International Monetary Fund over new lending will...consultants arrived in Buenos Aires to assess the state...on the outskirts of Buenos Aires, thousands of unemployed...
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...here. It's rare in Buenos Aires to see a black or native...in Argentina. Q. Buenos Aires, the capital of Argentina...commonly spoken in Buenos Aires? A. Less than I would...with the International Monetary Fund and World Bank. During...
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...here. It's rare in Buenos Aires to see a black or native...in Argentina. Q. Buenos Aires, the capital of Argentina...commonly spoken in Buenos Aires? A. Less than I would...with the International Monetary Fund and World Bank. During...
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- Magazine article from: New Internationalist Ransom, David May 1, 2003 700+ words
...dependent on the International Monetary Fund. There's no work. Children...the Presidential Palace in Buenos Aires every single Thursday for...The banking district of Buenos Aires, just by the Plaza de Mayo...the Peronist party boss of Buenos Aires. Another presidential ...
- One bomb explodes, one detonated in Buenos Aires, XINHUA.
- News wire article from: Worldsources Online September 1, 2004 700+ words
...Emerging Markets Datafile URL: http://www.xinhua.org BUENOS AIRES, Aug. 31 (Xinhua) -- A small homemade pamphlet bomb...Argentine foreign debt and a brief visit by International Monetary Fund (IMF) Director Spaniard Rodrigo Rato on Tuesday. Rato...
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- Magazine article from: British Medical Journal Arie, Sophie May 25, 2002 700+ words
...economic recovery on a fresh loan from the International Monetary Fund, but foreign creditors are holding back. After years of...World, very fast," said Nestor Marchant, director of the Buenos Aires Association of Psychiatrists. State school teachers report...
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- Newspaper article from: NotiSur - South American Political and Economic Affairs December 2, 2005 700+ words
...Argentine resort town of Mar del Plata, about 400 km south of Buenos Aires, but it also attracted thousands of opponents to US President...the structural-adjustment policies of the International Monetary Fund (IMF). Kirchner, coming fresh off a mid-term election...
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- News wire article from: Europe Intelligence Wire October 6, 2002 700+ words
...has increased tremendously,' said Enrique Gagliardi, a Buenos Aires plastic surgeon, whose waiting room is full of customers...corruption, criticism from abroad and the International Monetary Fund's refusal to provide financial aid without major reforms...
Source: HighBeam Research, Argentina's beef with IMF.(Between The Lines)(International Monetary...