More than 30 years after Argentinian forces made a failed attempt to seize the Falkland Islands from the British, Argentina’s Central Bank has announced the introduction of a 50 peso note with the archipelago emblazoned on the front.
On the reverse side of the colorful note is an image of Antonio Rivero, the Argentinian rebel leader who led an 1833 uprising in an effort to reclaim the islands from the British. Rivero, today a folk hero in the South American country, is pictured on horseback waving an Argentinian flag above his head.
The new banknote, which is worth £3.70 ($4.20), is scheduled to enter circulation next month.
Central Bank President Alejandro Vanoli explained that the goal of the new banknote is to “incorporate the Argentine nation’s unwavering claim over the Islas Malvinas [as they are known locally] into an element of daily use.”
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BUENOS AIRES (AFP) – Thousands of workers marched in Argentina’s capital Wednesday seeking to double the minimum wage to cope with sky-high inflation.
Prices have been rising steadily in recent months particularly since January, when the peso shed 18 per cent of its value against the US dollar.
Workers with the Argentine Workers Federation representing teachers and government workers marched on the landmark Plaza de Mayo square and the Casa Rosada government house.
Union chief Pablo Micheli said the workers were seeking a minimum wage of 9,000 pesos (S$1,447 per month) – more than twice the current minimum of 3,600 pesos a month.
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Jorge Mario Bergoglio of Argentina elected pope
VATICAN CITY: (Reuters) – Jorge Mario Bergoglio of Argentina was elected pope on Wednesday to lead the Roman Catholic Church, a prelate announced to huge crowds gathered in St. Peter’s Square.
He took the name Pope Francis, the cardinal said.
Cardinals elected Bergoglio on just the second day of a secret conclave to find a successor to Pope Benedict, who abdicated unexpectedly last month.
(Reporting by Crispian Balmer)
By John Cherian
Courtesy: Frontline, Rodrigo Buendia/AFP
Rafael Correa’s emphatic victory makes him the first Ecuadorian President since 1972 to win a re-election.
THE leftward swing in Latin America is being further consolidated. The avowedly socialist President Rafael Correa of Ecuador again won an emphatic victory at the polls in the last week of April. The other Latin American countries to have elected leftist governments are El Salvador, Venezuela, Bolivia, Nicaragua, Argentina, Honduras, Guatemala and Brazil. It is the first time in many decades that a President has been re-elected for a second consecutive term in office in Ecuador.
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