Word: miguel
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There's the Argentine rub. Short-term, the country is booming; long-term, it's considered high risk. "There is still a sensation of uncertainty," says former Finance Under Secretary Miguel Kiguel, "a perception that we don't have clear long-term rules." FDI fell to just above 2% of Argentina's $212 billion gross domestic product in 2006, thanks to lingering doubts about creditworthiness that President-elect Fernández will have to confront...
...chair barbershop opened its doors 35 years ago, Rodriguez and Larios have seated, aproned and lathered some of Nicaragua's most important politicians, bankers and powerbrokers. Right-wing former president Arnoldo Alem?n and ex-communist guerrilla leader Henry "Modesto" Ruiz are both on the client list. His Eminence, Cardinal Miguel Obando y Bravo, the country's top religious authority, has been getting the same haircut here for 30 years. Managua's Sandinista Mayor, Nicho Marenco, comes in for a trim every month, as do the publishers of the two leading opposition dailies, and a flurry of politicians, businessmen and financial...
...client privilege, especially with their bigger clients - the ones who have outgrown the chair, so to speak. Arnoldo Alem?n, the portly former president convicted on embezzlement charges, now sends a car and driver to fetch Rodr?guez to do a home haircut, for which the barber charges double, or $9. Miguel Obando y Bravo, who used to come into the shop when he was just Archbishop of Managua, started sending the car after the Pope named him cardinal...
...Still, this latest response seems to have taken many in Spain - including Foreign Minister Miguel Angel Moratinos, who was in Morocco at the time the ambassador was recalled - by surprise. "It's not the reaction itself, but rather the speed with which relations between the two countries have deteriorated that is so surprising," says Haizam Amirah-Fernández, senior analyst for the Arab world at Spain's Royal Elcano Institute. "Spanish-Moroccan relations are always presented as privileged. But these declarations have been extremely vehement." On Saturday, the Moroccan parliament called for protests outside the Spanish embassy in Rabat...
...Arroyo's critics, the timing of the pardon is suspect. The day before it was announced, a whistle-blower testifying in the Senate about the telecom deal alleged that her husband, Jose Miguel "Mike" Arroyo, was supposed to get $70 million in kickbacks from the now-canceled contract. (He has denied it). For Arroyo, this is an opportune time to change the subject...