HTTP://WWW.STOPNATO.ORG.UK --------------------------- ----- Original Message -----
From: Walter
Lippmann
Sent: Thursday, December 27, 2001 9:37 PM
Subject: [CubaNews] Europe: IMF & US to blame for Argentine
bankruptcy December 22, 2001 European press blames IMF and United States for Argentine bankruptcy ROME.— Europe is assessing Argentina as the graveyard of the neoliberal economic model and the dollarization imposed over so many years by the International Monetary Fund (IMF), which it holds responsible for the resounding crash of that South American nation. The Italian press charges the IMF and the Bush administration with bringing about the generalized crisis in that country. An editorial in La Republica daily comments that as Buenos Aires is not a strategic piece on the global chessboard, lacks the capacity to destabilize the world, is not a in a zone where Western interests are in danger, to date neither the United States nor Europe has so much as lifted a finger for that nation. La Stampa accused the IMF of a "short-sighted approach," called for greater transparency in that institution, affirmed that "we are witnessing the collapse of the dollarization myth," and that "it was an illusion to believe that that economy could be cured by transforming Argentina into a U.S. colony and pegging its currency to the dollar." In France, Le Monde says that the IMF, subjected to the vigilance of a Bush administration that looks unfavorably on international financial aid, threatened to halt Argentina’s credits and left the country on the brink of chaos. "That is a matter of crying for Argentina," it comments. El Figaro charges those governing the country and notes in an editorial that once again that great nation has become the victim of its defective leaders, adding that the fact that the public disturbances are the result of hunger in a country that on its own could feed half the planet is ominous evidence of that economy’s collapse. In Germany, Die Welt observed that whatever their tendency, Argentine politicians have freely squandered the country’s wealth and used it to support their nepotism. The situation not only appears to be one of economic crisis: it is a declaration of the bankruptcy of all political actors in recent decades. The Frankfurter Allgemeine Zeitung notes that public loss of confidence in the political class has increased due to scandals, while in Spain, El Pa�s warns that "all the ways out are through extremely tough adjustments that are difficult to explain to citizens who are continually more exasperated." While the specialized newspaper Expansi�n notes that the Argentine crisis has passed all reasonable limits and is headed for disaster, Barcelona’s La Vanguardia highlights the breakdown of social cohesion and the total discrediting of political institutions. In Russia, the press overall is rejoicing that Moscow did not follow the advice of Domingo Carvallo, Argentina’s ex–minister of economy, in the wake of its own crisis in August 1998. The daily Nezavisimaia Gazeta warns in a headline: "Nightmare of economic miracle ends. The Argentine crisis, first warning for Russia." (PL) ======================================================================= Walter Lippmann [EMAIL PROTECTED] [EMAIL PROTECTED] www.walterlippmann.com ========================== ==^================================================================ This email was sent to: [email protected] EASY UNSUBSCRIBE click here: http://TOPICA.COM/u/?a84x2u.a9WB2D Or send an email to: [EMAIL PROTECTED] T O P I C A -- Register now to manage your mail! http://www.topica.com/partner/tag02/register ==^================================================================ |
