Cristina Fernandez, President of Argentina

Argentina’s president, Cristina Fernandez, has issued a bill which has the purpose of nationalizing 10 of the country’s private pension funds.

She declared that this is a protective measure against the global financial crisis, and it is safer if the almost $30 billion of investments are administrated by state authorities.

The bill is yet to be approved by the Congress, but as the ruling party has the majority, it will probably get through.

This initiative came out of Read More…

 Email This Post

(2 votes, average: 5 out of 5)

 Loading ...

Posted under International, Politics

Dick Cheney, U.S. Vice President

Vice President Dick Cheney could not attend a campaign event he had scheduled for today in the state of Illinois because of abnormal heart activity.

His medical history includes a long list of heart problems, and what happened yesterday only goes to confirm that is it turning into a chronic disease.

After being consulted by the White House medical staff, he was Read More…

 Email This Post

(1 votes, average: 5 out of 5)

 Loading ...

Posted under Politics