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Europe is not dead "Signature required of Bachelor in Business Administration? Twitter vs Blog

Como sabemos, el licenciado en admistración

trabaja por sus conocimientos. Las empresas quieren trabajar junto a uno de estos licenciados por lo que da sus estudios. El estudio sistemático de la gestión empresarial, el manejo de los conceptos de visión y misión, su conocimiento de las distintas partes del negocio, finanzas, rrhh , marketing , y la unión de todos estos conocimientos en la dirección y la estrategia. Todo esto que I wrote, do not learn as a lawyer, an accountant or an engineer, but often it is these professionals who are in jobs that are projected business plans and strategic

see business vision, when we know that college can not support do this. I strongly
the need to start demanding the signing of a professional management and business management to general management positions. Another since it should sign a Lic. in

ADMINISTRATION should be the role of the trustee in trust, as is required to act with diligence and prudence "of the" good man business. These terms "vague" speaking the law is a Bachelor in Business Administration. He is not talking or the figure of an accountant, lawyer or an engineer.

I hope the commission of graduates of the Professional Management Economic Sciences CABA consider this situation and try to change these laws. Alejandro Lang

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How difficult is to write a blog today with the existence of Twitter . Sometimes we write our idea in a simplified
and forget how beautiful it is to develop our thoughts in a comprehensive manner. For This explained why, I hope to continue writing this blog, but I will be hard not to fall into the temptation of quick and concise idea of \u200b\u200b
twitter. Ale

Lang

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Ask the Real Madrid Evil

After the meeting of Barcelona with Real Madrid, I was reminded of another rout that was this year: a 4-0 that gave him the German international to Argentina in the World 2010. The question I ask is, Real are so inferior and so poorly compared the team to Barcelona? Memory loaded by supporters of this team Argentine national team. Now they have to lower our heads and remember the phrase Maradona told reporters in 2009. To close the topic, I think the bad luck to hit it real Madrid Maradona ... Bench sitting, computer dies by a landslide. Alexander Lang

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all consolation of fools



leave this picture taken from the cover of Argentina Barcelona. Very sad and Argentina mock-up of Spain's bad politically, economically and strategically speaking.

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Summary

I had not talked about sport in this blog.

First I want to talk about Roger Federer, who won the Masters Cup this year. Incredible victory, played the entire level. Rafa Nadal also played very well throughout the whole cup and was more tired than Roger Federer in the final. Also had a great year, and finished as number 1 ranking for the second year in his career, as in 2008.

Second, talk of Barcelona, \u200b\u200b"Barcelona." Great game where Real Madrid blew a 5-0. From my point of view, Messi has been the figure of the meeting but has not set any goals. The note takes her unfortunate Sergio Ramos was sent off in the last minute, beating two of his team-mates. I hope to have several dates of suspension.

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A beautiful song. Today, a little music and less economic policy in this blog.

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The European model is completed

The European model as we know it ends. But does that was bad? That's my point in this article. That is failing financially, from my point of view does not mean it was bad, but it has to be reconsidered.

lived the two situations. I lived in Europe that grew and lived in Europe decreased, and I live in South America with prospects for growth to 6 years, and more. start with the points I want to emphasize. In the social Europe we live much better than in the South overwhelming. In this South crushing a few live well, 10% maybe but not all. "There is work" but work close to slavery, where real wages have no purchasing power. Vacation? What is that? A class where there are few. We laugh now the European crisis, as the Europeans are laughing at the crisis in Argentina for years. We are wrong. We need everyone.

South America will grow, I like the way Brazilian growth, but growth will be like Argentina. Argentina will grow, but I doubt it develops. Corruption stuck us, every one looks at his pocket and gives equal social growth of the country. We have a draft equitable society.
Europe: the model is finished. The solution lies in creativity. So I have little faith the world to Europe? So fools think they are the Europeans? Do we think that they can not readjust once again? I think it will take improvement policies. Gentlemen Europe is Europe. Take a little, but they readjust. Hopefully we can teach the emerging markets which is to be fair, what is to be civilized.


I leave an excellent blog post from the newspaper El Pais in Spain. Predicting

The European experiment of collective rule is the most ambitious ever tried


Failure to effectively address the economic crisis is only a symptom of a deeper problem of leadership. Why Europe has suffered more painful and prolonged global
crash? The crisis in Ireland has stimulated further pessimism. Gideon Rachman, for example, writes in the Financial Times
:

"My guess now is that the common currency will be maintained and that the scourge of the euro will be Germany." His argument is that the successive financial crises will exhaust the patience of the Germans, who end up thinking they have done-and paid-every effort, while other countries have fallen short of the circumstances, so that "Germany will be released from its obligation to build

historic Europe."

course, the collapse of the European Monetary System would be a blow perhaps insurmountable for the proposed unit. This would be bad for Europe is obvious. Less obvious is that a world without an influential and integrated Europe is a worse world for all. Europe spread to the world values \u200b\u200band examples that are superior to those from elsewhere. The economic decline of Europe's political and decreases the strength of these positive infections.

The repudiation of the war that dominates among European legacy of his two terrible conflicts in the twentieth century, is viewed with scorn by those who confuse pacifism weakness. But a world without a power that is willing to make mistakes trying to prevent war is better than a world where the strong countries do not mind being wrong starting "preventive wars." If his government begins to violate human rights, torture, "disappear" opponents and imprison journalists, who do you prefer to have the leading voice in the international community? "The Chinese Communist Party? "Putin's Russia? Or Europe? While in the United States tolerates the most unjust redistribution of wealth in a century and in Russia and China are celebrating the new rich who accumulate unimaginable wealth, Europe still has a huge allergy to inequality. What do you prefer a world in which 1% of the population accumulates 95% of wealth, and the rest is a mass fight poor and excluded, or a world dominated by a vast, growing and politically powerful middle class ? Europe represents the second stage. We know that the European social model is the best in the world and also in many countries is unsustainable. But a model in which millions of people lack health care or are homeless after losing employment or age, is not sustainable nor worthy of emulation. The European development aid to poorer countries is often inefficient. But no one is more generous and supportive to the most needy Europeans.

Globalization is rapidly increasing problems that require coordinated responses from several countries. The European experiment of collective rule is the most ambitious ever attempted by mankind. Its failure would lead many to dismiss the idea and never to try something similar for a while. And losing this time is a luxury we can not give.

I do not know if the European integration project survive the enormous obstacles it faces. But if you know that failure would occur in the world.

mnaim@elpais.es

Now I leave a note Infobae newspaper of Argentina:

English increasingly migrate to Argentina to escape the economic crisis in their country

Most are young people between 25 and 35 years with high qualification, but work on the peninsula.

third group is the Latin American immigrants, behind the Americans and the Chinese

The economic crisis that plagues
Spain since 2008
alarmingly reduced employment options. Therefore, about 110 thousand English, in the last two years, emigrated in search of better opportunities in most cases to developed countries.

However, a significant portion

, 33,453, according to employment consulting firm Adecco chose Argentina.

The data comes from the English immigration department, according to a story published today by the daily Clarín

.

In the Argentine group also dual nationals returning to their country with the best prospects offered today Argentina, from Spain also students who choose the country to follow their training. The important English community residing in Argentina, is an important factor to take into account those who choose to leave the peninsula.

One example, Xavi Casas is a English architect married to a fellow Santa Fe.

"In our industry is suddenly stopped building," said the practitioner, who said he came to the city of Rafaela, Santa Fe, develop their work and both him and his wife were going "very well."

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No Country for Old Men

The Bus 10 trips next year is going to cost € 9.30 each for the 10 € it will cost to buy a dozen of single tickets. The payment for youth and adults will a aumentar otro tanto; sin embargo, para la “tercera edad” va a permanecer intacto, en un valor ridículamente intacto. Por ejemplo, para los que tienen que ir a la UAM como lo hacía yo hace bien poco, el abono mensual pasa de 53,70€ a 55,50€, o lo que es lo mismo, un 4%. Para los mayores de 65, indepentedientemente de hacia donde se dirijan, 10,90€ y sin visos de cambio. Las instalaciones municipales son copadas por aquellos a los cuales les resulta casi gratuito. Los mayores de 65 años se han convertido en un poderoso grupo de presión, cada vez más en número y en influencia política. Un estorbo al que no se puede renunciar, como los catalanes en el congreso. Los precios de los "bienes pure public "begin to catch up with the rest of Europe but not for all ages. And do not protest, is the logical course of action for a country interested in the comfort of its inhabitants.

Europe concerned in recent centuries by the welfare of its citizens above all, has lost value and prevalence over the past centuries. On the other hand, America has released several meters in just 500 years. And not only that, but the future is rosy. Today and in a few years China and even India are furious world powers. So come and others have relied to a greater or lesser extent growth in pure pragmatism supported by cultures quite different from ours.

What is the famous American dream but a well-formulated slogan paraphrased in a thousand and one times with a sense very simple. You work hard and earn the daily bread, which the system will return a house, a car and a blond and smiling children. You, you're a bum, die. No waiting in the unemployment line or buy at the supermarket brands. No. You, not a worker is sick or valid enough, die without public health, no school for his starving offspring and without a progressive taxes that make the rich pay taxes a clean and safe public transport. Buy a car dammit! That's the American dream. Implement the harsh laws of free market to the most gruesome consequences, such as the endless lines of people like you and me who in the XXI century waiting for the doors of sporting facilities to perform a free check-up that could not afford in a hospital that was not "campaign". Stalin proclaimed unconditional job for the Party and socialism took exacerbated the USSR to ostracism, on the other side of the Cold War work is acclaimed for the country masquerading as a dream that the free market and privatization eventually make feasible. And to this day.

And China? Where working hours never end but begin again and again, where leisure and holidays do not appear in the dictionary. Where, regardless of effort or worth, you're locked in where you are born and if you leave him no rights or even legal sense. Directly not exist. Such a workforce available to foreign investors controlled by them (capitalism, yes, but wherever and whenever I want) have made them grow and grow. Japan, "bourgeois", is between a rock and a hard place, between deflation and recession for long.

full crisis in ideology and economic theory, when everyone wondered what the way forward between the social conservative or liberal, where do we go if the mixed economy is extinguished? When not seem to run expansionary monetary policy or that of austerity in spending. Gives the impression that productivity is the deeper problem, the unfinished business of Spain and in general the old continent. And in 2010 a man of 65 is more than qualified to be an active part of the system. If ten years, medical advances increase life expectancy in two, why the heck the retirement age remains the same? It goes against human physiology does not make sense.

Perhaps what is needed is a long and arduous depression to begin to think that we can not live like hobbits, the Welfare State can not be in every country and every culture, the good life is not infinite. It's annoying to hear and much harder to say. Not win elections or adherents to this speech because productivity, if indeed we can to achieve it, has a high price .

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Introduction 101

Hello, I am starting today Zutanito and your professor of Introduction to the Strategy 101. In the first lesson we will treat the first issue of textbook How to Lose a Formula One world and ways to avoid . We feel the non-appearance of our friends Erasmus Italians are engaged in other commitments at this time. Open your hand on page 15 please ...

often disappointed in the Great Abu Dhabi Award. After a sort inviting tranquility and any Sunday of racing, a decision it turned into a disaster, make no mistake, it's a terrific blow. Never mind that the machine is lower than that of rivals, no matter how bright it has shown the pilot and his garage to cover 90% of the total laps of the season. Was on hand and someone has dropped.

On Saturday begins the explanation on Sunday. Ferrari will decide to back the wing to score and put both cars and get placed in positions of privilege with respect to what is expected. The third twisty sector is on the side of the red cars, the race raises the defensive, always looking in the mirror as possible rival. The 14 hours of November 14 as no surprise to anyone Alonso overtakes Button at the start despite good first meters of English. Fell within the script. And I say, has not entered into the hundreds of hours of briefings, the remote possibility of a safety car? What were the steps to take if Webber put the hard tires in the first round?

From there comes the debacle. Nobody in the wall has seen before Webber and Rosberg Petrov the pitlane? Has anyone seen Mark ha salido por detrás de muchos coches y con tráfico? En lugar de darle a Alonso una carrera aburrida y solitaria como la de Button, le meten en un calvario de 40 vueltas. Una tras otra, la siguiente siempre más desesperante que la anterior. El piloto y su ingeniero de pista (Andrea Stella) no tienen ninguna culpa. En el fragor de la batalla es completamente imposible ser lo suficientemente sereno pero ¿no existe un equipo de estrategas que contemplan al minuto la situación de carrera? ¿Es que Petrov y Rosberg no salían en sus monitores? Una decisión que arroja a la basura muchas horas de trabajo y esfuerzo de muchos. Rodarán cabezas.

Ferrari, squadra between brackets, you must look in the mirror of the years of Michael, Todt and Brawn, golden years in all areas. He had money, good designers, pilots and strategists, brilliant strategists. I see the current team and me too many Italian names, like so many talking heads are missing.

The vehicle design has already taken a step forward after mechanical review of Red Bull and McLaren (f-duct, exhaust blowers, ...) with the signing of Pat Fry, chief designer for McLaren until 2010. The brilliance the driver does not cloud the fundamental problem. Not be allowed at these levels the botched Massa engineer and himself in Hockenheim or strategic error this afternoon. Alonso in third to seventh ... come on!

It is no flowers lie to yourself, but my betting championship of principle was a millionaire.

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Tourism is growing in the next 10 years, an opportunity or a loss of competitiveness?

tourism will grow in coming years but I have bad news for my English-speaking fans. America will lose some of Total cake as Asia's most wanted will be a destination, and Spain lost most visited country podium, until recently was the second most visited country and is now fourth, already passed by the U.S. and China. This is a time to rethink tourism in South America and Spain, and give it a much bigger boost to an industry that can feed many mouths.

I leave the notes, both the newspaper expansion.com:
http://www.expansion.com/2010/11/08/empresas/transporte/1289231503.html


http://www. expansion.com/2010/08/19/empresas/transporte/1282209929.html Tweet

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the strategy Obama, old-fashioned X Files

Spain goes through a serious crisis, yes, but a few matters. Stop buying our debt and go to something else, like typical TV news catastrophic event that draws your attention first and after few seconds or even remember where it was produced. However, if the United States (hereafter U.S.) stumbles upon a small gap in the sidewalk we heard all, and while we learned.

U.S. is stuck, let's go to GDP: GDP = C + I + G + (X - M)

Historically, the American colossus is characterized by strongly depends on consumption (C) Recently up to 71% of GDP. In this they're like us, activity is slowed and there is enough liquidity in the household to consume as before. The equation is easy, if C low, low GDP.
Let the rest. With investment (I) government can do little but through public spending, those who really are started under this heading are individuals, large companies committed to new technologies or to create profitable, long term, and today today they are not the work. We have a couple of values \u200b\u200bthat would grow the gross domestic product, government spending (G) and exports (X), as imports (M) computed negative. Appears then the solution to all our problems, Obama dixit, or rather dixit Roosevelt back in 1934.

stimulus plan is as follows: the U.S. president, in line with President Federal Reserve (FED), buy bonds. Of course, upon payment of the precise monetary amount, and thus injected into government coffers millions and millions and millions of dollars. What are the positive consequences of this movement? For the U.S. the following two:

• The government now has in its hands the key that opens the door to GDP growth. Enough money to pay up in government spending (G), ie, new roads, infrastructure, housing and public transport of all kinds. This, without doubt is a brutal business jet market, beyond the equation.
• The dollar amount in circulation is greater, much greater than before. And by the law of supply and demand if something is plentiful, its price ... low. Simple right? This can be easily seen in the sharp devaluation of the dollar against the euro and other currencies powerful as the yen or the yuan. Good time to travel to the U.S., when we go to bank to cash for $ € will give us a handful of the latter. With this depreciation (so it must be said) of the U.S. currency, the products of this country become more competitive in the global market, so U.S. exports greatly improved because he wants everyone is buying goods and services denominated in U.S. dollars Americans. Grow exports (X) and so does GDP. Double boost.

This second (devualuar your currency) is a very logical and not called to serious consequences in the future. However, like all beautiful things in this life, is but. And the but is that the government of any country is allowed to manipulate the exchange rate to ease from abolishing the system of fixed exchange rates. Thus, the measure is restricted. Why the U.S. makes it through the injection of notes and coins in the market, which shows a double positive effect on paralyzed its economy (which we have seen above). In the Economic and Monetary Union, to which we belong, is neither possible nor devalue your metal, it is the same for all (€), and inject all the copper you want, because that dictates what the European Central Bank for the sake of Union, not a particular country. We are tied hand and foot. With the peseta we had been allowed to devalue and be thrown overboard many of our problems, Paul Krugman, Nobel Laureate in economics, dixit.

Explained stimulating Obama, nothing innovative or protector of course, arise multiple blots to be clarified and why so many politicians decry rigor and thoughtful minds expansionary monetary policy of U.S. President:

• Products European Community, Japan and China become less competitive compared to Americans. Exports are less greedy for rest and the consequent result of GDP, at least in Europe is not exactly booming. Germany has pissed off and rightly so. Have to bother as China in the shoe that you're slowly and with good lyrics out of a difficult time as a neighbor in your same situation illicit use of a trap in the game and try to move forward at your expense.
• The more than possible, probable and moderate inflation may emerge in the U.S. within X years, not more than ten.
• runaway deficit. U.S. goes into debt for many years himself.

The vertical line indicates the arrival of the Roosevelt presidency

current deficit projections for the coming years

Many speak of manipulation indirect exchange rates, hiperinflacón hazard and others simply believe this momentum as the only way to leave behind the risk of another Great Depression. Successful "as Roosevelt or public enemy XXI century? Only time will tell Barack.

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One day this week, being in the gym, I saw on the ground one of these free newspapers that are distributed every morning. Just as an example of 20minutes. There was a 20minutes anyone. To my surprise, this newspaper contained a story on its cover. My God! A news in a free newspaper! Unprecedented.
This news enclosed GDP itself the word in capitals, which attracted my attention greatly. Therefore, I decided to cut this unusual document:

As indicated, the European Union is urging include these items in the GDP accounting, who will have been exactly the evil person who was able to give birth to this idea, do not know. The GDP is the most widely used scale of whether a country is increasing, decreasing or stalled. That is, when Aznar said "Spain is doing well" was because our GDP growing every year 4 or 5%. What I did not tell us was that while increasing a colossal housing bubble. Basically, the Gross Domestic Product measures the value of goods and services exchanged in a country for a year and although not the best indicator (there are others such as the Gross National Product, or GDP, which deducts the activity of foreign companies in our field and we do have English business in foreign soil) is the most accepted.

must be that the EU does not come out good numbers and as is the issue in half of Europe, as even half of the countries with the euro meet the commitments of growth, deficit and debt required to continue in the EMU . Such a fool is to include smuggling, drugs and prostitution in the posting of GDP, given the forecast for Spain to 30,000 million euros, will make about 2% of English GDP in the past year. That is, if our country is really bad, the fact that our streets are a haven for drug traffickers and that we "enjoy" a lot of corruption and prostitution does nothing to improve this data.

Instead of penalizing countries that are unable to control tax fraud rewarded. Not to mention the wide sleeve that can mean for a country like ours can make a forecast of these negative aspects of society. If the government's growth forecasts are always wrong and a lot more optimistic than the ECB or the IMF, as you can imagine dancing the millions when it comes to account for them as moving goods and services. Yes, then we would know as a prostitute on average charges for service or to what extent do the Central ADMINISTRATION companies cheat and drug traffickers are lined.

Beyond this hypocritical defense of the Mediterranean countries, (no mistake, Latinos are the most drug addicts, hustlers vicious and Europe) I can think of other hits. And is that a double negative externality occurs when the measure comes to be implemented. The first, that according to which suppresses the incentive for governments today to overturn the corruption and illegal prostitution. And segunga, which emerges from this earlier, is one that can occur in the population if our leaders leave, or at least to some extent, to worry about these issues today they do lose to government coffers outrageous amounts.
How am I going to feel me, ordinary people, affected by the perversion of my own countrymen do not even know why shunned or avoided if someone fight?

Finally, a more X-Files box to hide in the most emphatic.

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La kickoff day! Today

was Copenhagen's game against FC Barcelona. Valdes and Puyol look like something out of a martial arts movie of the '70s.
I leave the picture:

(Photo: Mark Journal online)

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Today, nearly two years of blogger, I get to the 200 entries. Thanks for reading at least some of the news.

health and even 201,

Ale

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200 entries to the polls Obama faces




(Photo cover of the latest edition of The Economist)

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Two different views from the UK into the death of K

Left two reports that talk about the death of Nestor Kirchner


. One is of the most influential magazine in the world economic arena "The Economist" and another is the UK newspaper "The

Guardian." I hope you can read both letters, they're worth. Either you can draw several conclusions that I invite you to write in comments. Here

first note I leave The

Economist this week, unfortunately is in English and because it is a cut, can not be translated to a computer translator. (To enlarge the image to click on it. If you read the note from
facebook

you have to enter the blog directly , www.langblogger.blogspot.com) (News the latest edition of The Economist
,
UK version ) The other news that is promised newspaper The Guardian : Néstor Kirchner : Argentina's independence
hero
The
death

of

Argentina's

former president is a sad loss

.

His bold defiance of the IMF paved the way for South America 's progress
Argentine

President

Cristina

Fernandez

seen
• hugging her
husband

, former


President Nestor Kirchner , who has died suddenly on 27 October 2010, at a 2008 rally in Buenos Aires. Photograph : HO / AFP / Getty Images The sudden death of Néstor Kirchner is a

great loss , not only to Argentina but to the region and the world . Kirchner took office as president in May 2003, when Argentina was in the initial stages of its recovery from a terrible recession . His role in rescuing Argentina's economy is comparable to that of Franklin D Roosevelt in the Great Depression of the United States . Like Roosevelt , Kirchner had to stand up both to powerful moneyed interests and to most of the economics profession , which was insisting that his policies would lead to disaster . They were proved wrong , and Kirchner right . Argentina's recession from 1998-2002 was , indeed , comparable to the Depression in

terms of unemployment , which peaked at more than 21%, and lost output ( about 20% of GDP ). The majority of Argentines , who had , until then , enjoyed living standards among the highest in Latin America , were pushed below the poverty line . In December of 2001 and January 2002, the country underwent a massive devaluation , a world - historical record sovereign default on $95 bn of debt , and a collapse of the financial system . Although some of the heterodox policies that ultimately

ensured Argentina's rapid recovery were begun in the year before Kirchner took office , he had to follow them through some tough challenges to make Argentina the fastest - growing economy in the region . One major challenge came from the International Monetary

Fund ( IMF ). The IMF had been instrumental in bringing about the collapse – by supporting , among other bad policies , an overvalued exchange rate with ever - increasing indebtedness at rising interest rates . But when Argentina's economy inevitably collapsed , the IMF offered no help , just a series of conditions that would impede the economy 's recovery . The IMF was trying to get a better deal

for the foreign creditor . Kirchner rightly refused its conditions , and the IMF refused to roll over Argentina's debt . In September of 2003, the battle came to a head

when Kirchner temporarily defaulted to the IMF rather than accept its conditions . This was an extraordinarily gutsy move – no middle - income country had ever defaulted to the IMF ; only a handful of failed or pariah states like Iraq or Congo. That 's because the IMF was seen as having the power to cut off even trade credits to a country that defaulted to them . No one knew for sure what would happen . But

the IMF backed down and rolled over the loans . Argentina went on to grow at an average of

more

than 8% annually through 2008, pulling more than 11 million people , in a country of 40 million , out of poverty . The policies of the Kirchner government , including the central bank targeting of a stable and competitive real exchange rate , and taking a hard line against the defaulted creditors – were not popular in Washington or among the business press . But they worked . Kirchner 's successful face - off with the IMF came

at a time when the fund was rapidly losing influence in the world , after its failures in the Asian economic crisis that preceded Argentina's collapse . It showed the world that a country could defy the IMF and live to tell about it , and contributed to the ensuing loss of IMF influence in Latin America and middle - income countries generally . Since the IMF was , at the time , the most important avenue of Washington 's influence in low - and - middle - income countries , this also contributed to the demise of US influence , especially over the recently independent countries of South America . Kirchner also played a major role in consolidating this

independence

, working with the other left governments including Brazil , Venezuela, Ecuador and Bolivia . Through institutions such as UNASUR ( the Union of South American Nations ) , Mercosur ( the South American trading bloc ) , and numerous commercial agreements , South America was able to alter its trajectory dramatically . This united bloc successfully backed Bolivia 's government against

an extra- parliamentary challenge from the right in 2008, and most recently stood behind Ecuador in that attempted coup there , a few weeks ago . Unfortunately , they did not succeed in overturning last year 's military takeover in Honduras, where US backing for the coup government proved decisive . Argentina, together with UNASUR , still refuses to allow Honduras back into the OAS , despite heavy lobbying from Washington . Kirchner also earned respect from human rights organisations for

his willingness to prosecute and extradite some of the military officers accused of crimes against humanity during the 1976-1983 dictatorship – reversing the policies of previous governments . Together with his wife , current president Cristina Fernández , Néstor Kirchner made an enormous contribution in helping to move Argentina and the region in a progressive direction . These efforts have not generally won him much favour in Washington and in international business circles , but history will record him not only as a great president but also as an independence hero of Latin America . • Editor's note: An editing error led to the misspelling of the

South American trading bloc , Mercosur , although it had been correct in the author 's original; this was amended at 12:20 EST [17:20 BST ] on 28 October 2010. A further correction was made where Argentina's devaluation was stated as having occurred in December 2002 and January 2003; in fact , it was December 2001 and January 2002. This was amended at 12:50 EST [17:50 BST ]