ARGENTINA'S NEW LOOK.No sooner had Fernando de la Rua been elected as Argentina's new president than out came the first bombshell: a possible one-time tax on the "excessive" profits of privatized firms to finance social programs. Taking a page from Britain's Tony Blair Noun 1. Tony Blair - British statesman who became prime minister in 1997 (born in 1953) Anthony Charles Lynton Blair, Blair , the 62-year-old lawyer is seeking ways to usher in Verb 1. usher in - be a precursor of; "The fall of the Berlin Wall ushered in the post-Cold War period" inaugurate, introduce commence, lead off, start, begin - set in motion, cause to start; "The U.S. a new era of social programs to counter a decade of free-market zeal under former president Carlos Menem Carlos Saúl Menem (born July 2, 1930) was President of Argentina from July 8, 1989 to December 10, 1999 for the Justicialist Party (Peronist) very infamous and criticized due corruption and his dubious handling of the investigations of the 1992 Israeli Embassy bombing and the 1994 . De la Rua, a former Buenos Aires mayor, will have a tough time finding funds for social spending as the outgoing government has left an estimated US$8 billion public deficit. He has also promised to stamp out to put an end to by sudden and energetic action; to extinguish; as, to stamp out a rebellion s>. See also: Stamp corruption and to bring about economic recovery. |
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