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Lorenzo Sigaut
Lorenzo Juan Sigaut (born 6 June 1933) is an Argentine economist. Minister of Economy He served as Minister of Economy of Argentina from April to December 1981, during the dictatorship of Roberto Eduardo Viola.''La nueva política económica argentina se basa en la modificación del esquema de cambios de la moneda. Según Lorenzo Sigaut, el nuevo ministro de Economía '' El País, reproducción del artículo publicado el 8 de abril de 1981. His term in office was marked by high [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lorenzo Sigaut Y Carlos García Martínez
Lorenzo may refer to: People * Lorenzo (name) Places Peru * San Lorenzo Island (Peru), sometimes referred to as the island of Lorenzo United States * Lorenzo, Illinois * Lorenzo, Texas * San Lorenzo, California, formerly Lorenzo * Lorenzo State Historic Site, house in New York State listed on the National Register of Historic Places Art, entertainment, and media ;Films and television * ''Lorenzo'' (film), an animated short film * ''Lorenzo's Oil'', a film based on a true story about a boy suffering from Adrenoleukodystrophy and his parents' journey to find a treatment. * ''Lorenzo's Time'', a 2012 Philippine TV series that aired on ABS-CBN ;Music *Lorenzo (rapper), French rapper * "Lorenzo", a 1996 song by Phil Collins Other uses * List of storms named Lorenzo * Lorenzo patient record systems, a type of electronic health record in the United Kingdom See also * San Lorenzo (other) * De Lorenzo * di Lorenzo * Lorenzen (other) Lorenzen may refer to People * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Economy Of Argentina
The Ministry of Economy ( es, Ministerio de Economía) of Argentina is the country's state treasury and a ministry of the national executive power that manages economic policy. The Ministry of Economy is one of the oldest ministries in the Argentine government, having existed continuously since the formation of the first Argentine executive in 1854, in the presidency of Justo José de Urquiza – albeit under the name of Ministry of the Treasury. The current minister responsible is Sergio Massa, who has served since 2022 in the cabinet of Alberto Fernández. Headquarters The Argentine Ministry of the Treasury has, since the building's 1939 inaugural, been based in a 14-story Rationalist office building designed by local architect Carlos Pibernat. The Economy Ministry building was built on a 0.57 ha (1.4 ac) Montserrat neighborhood lot facing the Casa Rosada presidential office building to the north, and the Defense Ministry (Libertador Building) to the easta government b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roberto Eduardo Viola
Roberto Eduardo Viola (13 October 1924 – 30 September 1994) was an Argentine military officer who briefly served as president of Argentina from 29 March to 11 December 1981 as a military dictator. Early life He was born as Roberto Eduardo Viola on 13 October 1924. His parents were Italian immigrants Angelo Viola and Rosa Maria Prevedini, both from Casatisma, a town in the Province of Pavia. President of Argentina After Videla's departure, Viola formally assumed the post of President of Argentina. Economic policy Viola appointed Lorenzo Sigaut as finance minister, and it became clear that Sigaut were looking for ways to reverse some of the economic policies of Videla's minister José Alfredo Martínez de Hoz. Notably, Sigaut abandoned the sliding exchange rate mechanism and devalued the peso, after boasting that "they who gamble on the dollar, will lose". Argentines braced for a recession after the excesses of the ''sweet money'' years, which destabilized Viola's positi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inflation
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The employment cost index is also used for wages in the United States. Most economists agree that high levels of inflation as well as hyperinflation—which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the money supply. Views on low to moderate rates of inflation are more varied. Low or moderate inflation may be a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
External Debt
A country's gross external debt (or foreign debt) is the liabilities that are owed to nonresidents by residents. The debtors can be governments, corporations or citizens. External debt may be denominated in domestic or foreign currency. It includes amounts owed to private commercial banks, foreign governments, or international financial institutions such as the International Monetary Fund (IMF) and the World Bank. External debt measures an economy's obligations to make future payments and, therefore, is an indicator of a country's vulnerability to solvency and liquidity problems. Another useful indicator is the ''net'' external debt position, which equals gross external debt less external assets in the form of debt instruments. A related concept is the net international investment position (net IIP). Provided that debt securities are measured at market value, the net external debt position equals the net IIP excluding equity and investment fund shares, financial derivatives, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Flight
Capital flight, in economics, occurs when assets or money rapidly flow out of a country, due to an event of economic consequence or as the result of a political event such as regime change or economic globalization. Such events could be an increase in taxes on capital or capital holders or the government of the country defaulting on its debt that disturbs investors and causes them to lower their valuation of the assets in that country, or otherwise to lose confidence in its economic strength. This leads to a disappearance of wealth, and is usually accompanied by a sharp drop in the exchange rate of the affected country—depreciation in a variable exchange rate regime, or a forced devaluation in a fixed exchange rate regime. This fall is particularly damaging when the capital belongs to the people of the affected country because not only are the citizens now burdened by the loss in the economy and devaluation of their currency but their assets have lost much of their nominal v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Crisis
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Howe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roberto Alemann
Roberto Alemann (December 22, 1922 – March 27, 2020) was an Argentine lawyer, economist, publisher, and academic. Twice Minister of Economy, he was also the Argentine ambassador to the United States and director of the traditional Argentine-German newspaper ''Argentinisches Tageblatt''. He was implementing an economic policy that aimed to decrease the inflation rate, deregulate, and destatize the economy until the Argentine Armed Forces began the Falklands War in April 1982. The liberal economic reforms proposed since December 1981, during the military dictatorship of Leopoldo Fortunato Galtieri, remained unfinished. Career Alemann was born in Buenos Aires, Argentina, in 1922. His family, prominent German Argentines of Swiss extraction, had established the nation's premier German-language daily, ''Argentinisches Tageblatt'', in 1874. He graduated from the Buenos Aires National College in 1941, and from the University of Buenos Aires with a law degree in 1947. Alemann s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollar
The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1933 Births
Events January * January 11 – Sir Charles Kingsford Smith makes the first commercial flight between Australia and New Zealand. * January 17 – The United States Congress votes in favour of Philippines independence, against the wishes of U.S. President Herbert Hoover. * January 28 – " Pakistan Declaration": Choudhry Rahmat Ali publishes (in Cambridge, UK) a pamphlet entitled ''Now or Never; Are We to Live or Perish Forever?'', in which he calls for the creation of a Muslim state in northwest India that he calls " Pakstan"; this influences the Pakistan Movement. * January 30 ** National Socialist German Workers Party leader Adolf Hitler is appointed Chancellor of Germany by President of Germany Paul von Hindenburg. ** Édouard Daladier forms a government in France in succession to Joseph Paul-Boncour. He is succeeded on October 26 by Albert Sarraut and on November 26 by Camille Chautemps. February * February 1 – Adolf Hitler gives his "Proclamation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Argentine People Of French Descent
Argentines (mistakenly translated Argentineans in the past; in Spanish ( masculine) or ( feminine)) are people identified with the country of Argentina. This connection may be residential, legal, historical or cultural. For most Argentines, several (or all) of these connections exist and are collectively the source of their being ''Argentine''. Argentina is a multiethnic and multilingual society, home to people of various ethnic, religious, and national origins, with the majority of the population made up of Old World immigrants and their descendants. As a result, Argentines do not equate their nationality with ethnicity, but with citizenship and allegiance to Argentina. Aside from the indigenous population, nearly all Argentines or their ancestors immigrated within the past five centuries. Among countries in the world that have received the most immigrants in modern history, Argentina, with 6.6 million, ranks second to the United States (27 million), and ahead of other im ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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