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September 08, 2003

Bolivia

Invation by Chilean police in Bolivian territory

Government officials of the southern department of Potosi, denounced illegal intrusions in Bolivian territory by Chilean police. A report forwarded to authorities in La Paz, cites that on August 21 several uniformed Chilean personnel were seen in the regions of Sacaya and Playa Verde. According to accounts from people who live in those areas, these incursions are not the only ones. The government of Bolivia as well as the Ministry of Defence want to start the pertinent investigation procedures into the incursions.

Legalization of smuggled vehicles

A national program, directed by the Bolivian revenue service, is being implemented. This program centers on the legalization of smuggled vehicles by paying taxes on their estimated value. This is the latest attempt by the government to raise revenue and legalize the estimated hundreds of thousand illegal vehicles driving on the streets of Bolivian cities.

Argentina

Meeting between president Kirchner and governor of the central bank, Gay.

Today, monday 8, 2003, the president of Argentina Nestor Kirchner and the governor of the Argentinean Central Bank (BCRA), Prat Gay, will decide whether Argentina uses reserves to honor US$2.9 million in debt with the IMF. This is an important event, because it the debt is not honored, the negotiations with the IMF can come to an abrupt halt and push Argentina into another crisis.
Elections in the province of Santa Fe

General elections in the province of Santa Fe were held over the past weekend. Jorge Obeid, candidate for the governorship of the province, representing the PJ (Partido Justicialista), a populist party founded by Juan Domingo Peron, won the elections with a confortable margin. With 93 per cent of the votes counted, Obeid received 43 Percent and his rival, the socialist Hermes Binner, received about 38 per cent of the popular vote. Elections were relatively normal and peaceful, but this time controversy arose from a law passed in 1990, which adds the total number of votes received by a party and gives them to the candidate with most votes. This way, eventhough Binner was the most voted candidate, Obeid was elected Governor because he received the votes of other justicialist candidates. Another result from this elections is the move of the current governor, also from the PJ, Carlos Reutemann, to his new seat in the senate. This result reaffirms the political clout the PJ has over the government of the province.
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