Fw: (en) Argentine, BUENOS AIRES, "Throw them all out!"

Joe R. Golowka joeG at ieee.org
Thu Jul 11 00:23:54 PDT 2002


----- Original Message ----- From: "Tom Wheeler" <twbounds at pop.mail.rcn.net> To: "Infoshop" <infoshop-news at infoshop.org> Sent: Wednesday, July 10, 2002 3:38 AM Subject: (en) Argentine, BUENOS AIRES, "Throw them all out!"


> ________________________________________________
> A - I N F O S N E W S S E R V I C E
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> > http://story.news.yahoo.com/news?tmpl=story&u=/ap/20020709/ap_wo_en_ge/argen
> tina_protests_2
>
> Thousands of Argentines protest government handling of economic crisis
> Tue Jul 9, 5:22 PM ET
>
> BUENOS AIRES, Argentina - Thousands of unemployed Argentines, university
> students, and labor activists marched on the presidential palace Tuesday to
> protest the government's failure to end the country's economic crisis.
>
> The demonstration - the second large-scale protest in as many days -
> coincided with celebrations of Argentina's Independence Day. Some 8,000
> protesters shouted anti-government slogans as they marched peacefully in
> downtown Buenos Aires.
>
> "Throw them all out!" protesters chanted, crowding the Plaza de Mayo that
> fronts the offices of President Eduardo Duhalde.
>
> Protests against Duhalde's handling of Argentina's worst financial crisis in
> history have grown in recent days as he works to lure emergency aid back
> from the International Monetary Fund ( news - web sites).
>
> The IMF shut off billions of dollars in credits to Argentina last December
> as the country plunged into a crisis that saw the presidency change hands
> five times in two weeks.
>
> The IMF has since refused to resume aid, saying Argentina must first enact
> sweeping economic reforms and devise a sustainable financial and monetary
> program.
>
> Presiding over Independence Day ceremonies in northern Argentina, Duhalde
> appealed to the international finance community to restore bailout funds,
> saying his country "needs and deserves" financial assistance.
>
> "Argentina is in danger," he said. "Years of mismanagement and mistaken
> political policies have carried us to a critical situation that we can only
> put behind us by working together."
>
> Last week, Duhalde moved up presidential elections by six months to March,
> hoping it would boost international confidence in his efforts to turn around
> the economy.
>
> Duhalde assumed the presidency after being appointed by Congress in January,
> two weeks after deadly street riots and food riots forced Fernando de la Rua
> from office.
>
> Argentina faces a dlrs 141 billion debt default and the government has
> struggled to contain a sharp devaluation of the currency, the peso, which
> has lost 70 percent of its value against the U.S. dollar.
>
> One in five workers are jobless in Argentina, and more than half of the
> country's population is impoverished.
>
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