* Argentina: Political tensions are high due to the ugly spat between President Cristina Fernandez de Kirchner and central bank president Martin Redrado over how to pay back Argentina’s debts.* Guatemala: Ex-President Alfonso Portillo was indicted in a U.S. federal court yesterday and accused of laundering at least $1.5 million in public funds.
* Peru: Nearly 2000 tourists were evacuated from Machu Picchu after the area was hit with its heaviest rains in fifteen years.
* Ecuador: Ecuador’s foreign debt fell by 19% between November 2008 and November 2009 yet still accounts for over a quarter of the country’s GDP.
Image – Al Jazeera English (Argentine central bank president Martin Redrado refused to step down from his post despite a court order forcing him to do so).
Online Sources- Reuters, New York Times, Bloomberg, Wall Street Journal
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