Eduardo Alberto Duhalde (Spanish pronunciation: [eˈðwarðo alˈβerto ˈðwalde]; born October 5, 1941) is an Argentine The Argentine claims in Antarctica along with the Falkland Islands, South Georgia, and the South Sandwich Islands (administered by the United Kingdom) shown in light green politician who was President of Argentina The President of Argentina is the head of state of Argentina. Under the national Constitution, the President is also the chief executive of the federal government and Commander-in-Chief of the armed forces from 2002 to 2003.

Biography

Duhalde was born in Lomas de Zamora, in the Greater Buenos Aires Greater Buenos Aires is the generic denomination to refer to the megalopolis comprised by the autonomous city of Buenos Aires and the conurbation around it over the province of Buenos Aires—namely the adjacent 24 partidos or municipalities—which nonetheless do not constitute a single administrative unit. The conurbation spreads to the south,. He graduated as a lawyer in 1970. In 1987 he became a member of the Argentine National Congress The Congress of the Argentine Nation is the legislative branch of the government of Argentina and became vice-president under Carlos Menem Carlos Robert Saúl Menem Akil was born in 1930 in Anillaco, a small town in the mountainous north of La Rioja Province, Argentina. His parents were immigrants from the Syrian village of Yabrud , and as a young man, he joined his father as a traveling salesman dealing in feed and sundry items. Menem enrolled in the National University of Cordoba, from 1989 to his resignation in 1991. In 1991 he won the first of two terms as governor of Buenos Aires Buenos Aires Province is the most populous and largest province of Argentina. Though it takes its name from the city of Buenos Aires, the latter is not part of the provincial territory; Buenos Aires is an autonomous city. The province has a population of 15,011,248 (2008) and its capital is La Plata (694,253 inhabitants), 56 km (35 mi) south of.

He ran for president in 1999, after a failed attempt by Carlos Menem to run for a third term, but he was defeated by Fernando de la Rúa. Duhalde came in second place with 37% of the vote. After de la Rúa's resignation, due to the economic crisis and the December 2001 riots, Duhalde was appointed President of Argentina The President of Argentina is the head of state of Argentina. Under the national Constitution, the President is also the chief executive of the federal government and Commander-in-Chief of the armed forces by the Legislative Assembly on January 2, 2002.

Depositors protest the freezing of their accounts, February 2002. Pres. Duhalde had the freeze lifted in December.

Initially to serve for a few months, until the chaotic situation of the country could be controlled, Duhalde stayed in office during more than one year. During this time, he confirmed the default In finance, default occurs when a debtor has not met his or her legal obligations according to the debt contract, e.g. has not made a scheduled payment, or has violated a loan covenant of the debt contract. A default is the failure to pay back a loan. Default may occur if the debtor is either unwilling or unable to pay their debt. This can occur of most of the Argentine public debt Government debt is money (or credit) owed by any level of government; either central government, federal government, municipal government or local government. By contrast, annual government deficit refers to the difference between government receipts and spending in a single year. Debt of a sovereign government is called sovereign debt, and ended peg A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime wherein a currency's value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold of the Argentine peso The peso is the currency of Argentina. Its ISO 4217 code is ARS, and the symbol used locally for it is $ (to avoid confusion, Argentines frequently use U$D, US$, U$, U$S, or U$A to indicate U.S. dollars). It is divided into 100 centavos. The peso was also the name of several earlier currencies of Argentina. The exchange rate since the second half to the U.S. dollar The United States dollar is the official currency of the United States. The U.S. dollar is normally abbreviated as the dollar sign, $, or as USD or US$ to distinguish it from other dollar-denominated currencies and from others that use the $ symbol. It is divided into 100 cents, which triggered inflation In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation is also an erosion in the purchasing power of money – a loss of real value in the internal medium of exchange and unit, massive discontent and left more than a half of the country in poverty. Furthemore he took notoriety because of his said that those people who deposited dollars would receive dollars, before the "forced pesification" of the dollar deposits at an exchange rate of 1.40 pesos. Duhalde managed to stabilize the turmoil and, under some political pressure, called for elections six months ahead of schedule.

Duhalde was succeeded by Néstor Kirchner Néstor Carlos Kirchner was the President of Argentina from May 25, 2003 until December 10, 2007. A Justicialist, Kirchner was previously Governor of the Province of Santa Cruz. Currently, Kirchner is a National Deputy, elected for Buenos Aires Province in 2009. Néstor Kirchner was designated Secretary-general of UNASUR on 4 May, 2010 on May 25, 2003. Duhalde's political and logistical support for Kirchner and against Carlos Menem was seen by many as an attempt of Duhalde to continue ruling as "the power behind the throne". After a while, however, Kirchner became increasingly distanced from Duhalde. Duhalde's wife, Hilda Chiche Duhalde, ran a heated campaign for the National Senate The Argentine Senate is the upper house of parliament in Argentina. It has 72 senators: three for each province and three for the Autonomous City of Buenos Aires. Senators are elected by direct election on a provincial basis, with the party with the most votes being awarded two of the province's senate seats and the second-place party receiving representing Buenos Aires, against Kirchner's wife, Cristina Kirchner Cristina Elizabet Fernández de Kirchner , commonly known as Cristina Fernández or Cristina Kirchner, is the current President of Argentina. A member of the Justicialist Party, she was a Senator for Buenos Aires Province before taking office. She is the wife of Néstor Kirchner, current Secretary General of UNASUR and former President of, for the October 23, 2005 legislative elections. Hilda Duhalde was decisively defeated, which according to many political analysts marked the end of the Duhaldes' dominance over the province.

Duhalde confirmed on December 23, 2009 his intention to run again for the Presidency. Stating that former President Nestor Kirchner has now become addicted to power[1], he will face whichever candidate backed by current President Cristina Fernández de Kirchner and her husband in a primary within the Justicialista Party.

References

  1. ^ http://www.clarin.com/diario/2009/12/23/um/m-02106948.htm

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