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1993 Argentine Legislative Election
The Argentine legislative elections of 1993 were held on 3 October. Voters chose their legislators and, with a turnout of 80.3%. Background Success during the 1991 mid-term elections had encouraged President Carlos Menem to approve accelerated plans for privatizations, business deregulation, and more flexible labor laws proposed by the man widely credited for his political "summer," Economy Minister Domingo Cavallo. 1992 was a banner year for the Argentine economy, which grew 9% amid a 40% jump in fixed investment and doubling of auto sales; indeed, it had been the first year since 1984 in which spending on construction and machinery exceeded depreciation (many Argentines bought their first automobile since at least then, as well).''Argentina: From Insolvency to Growth.'' The World Bank Press, 1993. Storm clouds were never far from Menem's political summer skies, however. An exposé on growing corruption published by muckraking journalist Horacio Verbitsky led to the resignation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1991 Argentine Legislative Election
The Argentine legislative elections of 1991 were held on four dates, 11 August, 8 September, 27 October and 1 December, though most polls took place on 8 September. Voters chose their legislators and governors and, with a turnout of 80%. Background Amid sudden hyperinflation and riots, Governor Carlos Menem exhorted voters in May 1989 that ''"following me will not disappoint you!"'' Elected in a landslide, his administration had a rocky start marked by an early stabilization plan that had failed by December and a series of corruption scandals surrounding his freewheeling in-laws. After a tentative stability had been achieved by the end of 1990, a new currency crisis in January 1991 led President Menem to transfer his Foreign Minister, Domingo Cavallo, to the Economics Ministry. Cavallo, an unorthodox economist remembered for having rescinded the Central Bank's hated Circular 1050 and its crushing interest rate surcharges during a stint as Central Bank President in 1982, was ent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Labor Law
Labour laws (also known as labor laws or employment laws) are those that mediate the relationship between workers, employing entities, trade unions, and the government. Collective labour law relates to the tripartite relationship between employee, employer, and union. Individual labour law concerns employees' rights at work also through the contract for work. are social norms (in some cases also technical standards) for the minimum socially acceptable conditions under which employees or contractors are allowed to work. Government agencies (such as the former US Employment Standards Administration) enforclabour law(legislature, regulatory, or judicial). History Following the unification of the city-states in Assyria and Sumer by Sargon of Akkad into a single empire ruled from his home city circa 2334 BC, common Mesopotamian standards for length, area, volume, weight, and time used by artisan guilds in each city was promulgated by Naram-Sin of Akkad (c. 2254–2218 BC), Sa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Exchange Reserve
Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets. Reserves are held in one or more reserve currencies, nowadays mostly the United States dollar and to a lesser extent the euro. Foreign exchange reserves assets can comprise banknotes, bank deposits, and government securities of the reserve currency, such as bonds and treasury bills. Some countries hold a part of their reserves in gold, and special drawing rights are also considered reserve assets. Often, for convenience, the cash or securities are retained by the central bank of the reserve or other currency and the "holdings" of the foreign country are tagged or otherwise identified as belonging to the other country without them actually leav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japanese Economy
The economy of Japan is a highly developed social market economy, often referred to as an East Asian model. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity (PPP). It is the world's second-largest developed economy. Japan is a member of both the G7 and G20. According to the World Bank, the country's per capita GDP (PPP) was at $40,193 (2020). Due to a volatile currency exchange rate, Japan's GDP as measured in dollars fluctuates sharply. Accounting for these fluctuations through the use of the Atlas method, Japan is estimated to have a GDP per capita around $39,048. The Japanese economy is forecast by the Quarterly Tankan survey of business sentiment conducted by the Bank of Japan. The Nikkei 225 presents the monthly report of top blue chip equities on the Japan Exchange Group, which is the world's fifth-largest stock exchange by market capitalisation. In 2018, Japan was the world's fourth-largest importer and the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Economy
The economy of Europe comprises about 748 million people in 50 countries. The formation of the European Union (EU) and in 1999 the introduction of a unified currency, the Euro, brought participating European countries closer through the convenience of a shared currency and has led to a stronger European cash flow. It is important to note that the European Union is not a country, rather a unique global organisation, as an entity forming one of the largest economies in the world. The European Union also “regulates” the global market by the Single Market. The difference in wealth across Europe can be seen roughly in former Cold War divide, with some countries breaching the divide (Greece, Portugal, Slovenia, the Czech Republic, Slovakia, Lithuania, Latvia and Estonia). Whilst most European states have a GDP per capita higher than the world's average and are very highly developed, some European economies, despite their position over the world's average in the Human Dev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US Economy
The United States is a highly developed mixed-market economy and has the world's largest nominal GDP and net wealth. It has the second-largest by purchasing power parity (PPP) behind China. It has the world's seventh-highest per capita GDP (nominal) and the eighth-highest per capita GDP (PPP) as of 2022. US share of Global economy is 15.78% in PPP terms in 2022. The United States has the most technologically powerful and innovative economy in the world. Its firms are at or near the forefront in technological advances, especially in artificial intelligence, computers, pharmaceuticals, and medical, aerospace, and military equipment. The U.S. dollar is the currency of record most used in international transactions and is the world's foremost reserve currency, backed by the nation’s massive economy, stable government, extensive natural resources, highly advanced military, its role as the reference standard for the petrodollar system, and its linked eurodollar and l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carlos Grosso
Carlos Alfredo Grosso (born 1943) is an Argentinian politician who was '' intendente'' (mayor) of Buenos Aires from 1989 to 1992. A member of the Justicialist Party, he was appointed by President Carlos Menem Carlos Saúl Menem (2 July 1930 – 14 February 2021) was an Argentine lawyer and politician who served as the President of Argentina from 1989 to 1999. Ideologically, he identified as a Peronist and supported economically liberal policies. He ... as a successor for Facundo Suárez Lastra. References Politicians from Buenos Aires People from Chaco Province Mayors of Buenos Aires Justicialist Party politicians Living people 1943 births {{Argentina-politician-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buenos Aires
Buenos Aires ( or ; ), officially the Autonomous City of Buenos Aires ( es, link=no, Ciudad Autónoma de Buenos Aires), is the capital and primate city of Argentina. The city is located on the western shore of the Río de la Plata, on South America's southeastern coast. "Buenos Aires" can be translated as "fair winds" or "good airs", but the former was the meaning intended by the founders in the 16th century, by the use of the original name "Real de Nuestra Señora Santa María del Buen Ayre", named after the Madonna of Bonaria in Sardinia, Italy. Buenos Aires is classified as an alpha global city, according to the Globalization and World Cities Research Network (GaWC) 2020 ranking. The city of Buenos Aires is neither part of Buenos Aires Province nor the Province's capital; rather, it is an autonomous district. In 1880, after decades of political infighting, Buenos Aires was federalized and removed from Buenos Aires Province. The city limits were enlarged to include t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
José Luis Manzano
José Luis Manzano (born March 9, 1956) is an Argentine businessman and former politician. He is currently a partner in the second largest multimedia group in his country, Grupo América, and has investments in several economic sectors, including energy, wine, and clothing. During his time in Argentine politics, Manzano was known as a power broker and negotiator and one of the architects of the success of the Menem government. Manzano holds a medical degree and completed postgraduate work in the United States. Early in his career, he served in Argentina's Congress, later serving as in the cabinet of President Carlos Saúl Menem. In 1996 Manzano formed the powerful media group, Grupo América, which quickly grew to its spot today as the second largest media company in Argentina. The firm owns 49 media outlets from all over Argentina and includes radio, TV, digital content, and graphics. Manzano owns businesses in other sectors including oil and gas. He also serves as the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Horacio Verbitsky
Horacio Verbitsky (born February 11, 1942) is an Argentine investigative journalist and author with a history as a leftist guerrilla in the Montoneros. In the early 1990s, he reported on a series corruption scandals in the administration of President Carlos Menem, which eventually led to the resignations or firings of many of Menem's ministers. In 1994, he reported on the confessions of naval officer Adolfo Scilingo, documenting torture and executions by the Argentine military during the 1976–83 Dirty War. His books on both the Menem administration and the Scilingo confessions became national bestsellers. As of January 2015 Verbitsky is a Commissioner for the International Commission against the Death Penalty. Verbitsky become immersed in controversy following the election of Cardinal Jorge Mario Bergoglio as Pope Francis, due to Verbitsky's accusations that Bergoglio was complicit with military dictators during the so-called Dirty War. These claims have been disputed. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muckraking
The muckrakers were reform-minded journalists, writers, and photographers in the Progressive Era in the United States (1890s–1920s) who claimed to expose corruption and wrongdoing in established institutions, often through sensationalist publications. The modern term generally references investigative journalism or watchdog journalism; investigative journalists in the US are occasionally called "muckrakers" informally. The muckrakers played a highly visible role during the Progressive Era. Muckraking magazines—notably ''McClure's'' of the publisher S. S. McClure—took on corporate monopolies and political machines, while trying to raise public awareness and anger at urban poverty, unsafe working conditions, prostitution, and child labor. Most of the muckrakers wrote nonfiction, but fictional exposés often had a major impact, too, such as those by Upton Sinclair. In contemporary American usage, the term can refer to journalists or others who "dig deep for the facts" or, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Depreciation
In accountancy, depreciation is a term that refers to two aspects of the same concept: first, the actual decrease of fair value of an asset, such as the decrease in value of factory equipment each year as it is used and wear, and second, the allocation in accounting statements of the original cost of the assets to periods in which the assets are used (depreciation with the matching principle). Depreciation is thus the decrease in the value of assets and the method used to reallocate, or "write down" the cost of a tangible asset (such as equipment) over its useful life span. Businesses depreciate long-term assets for both accounting and tax purposes. The decrease in value of the asset affects the balance sheet of a business or entity, and the method of depreciating the asset, accounting-wise, affects the net income, and thus the income statement that they report. Generally, the cost is allocated as depreciation expense among the periods in which the asset is expected to be us ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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