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Encyclopedia > Carlos Ruckauf

Carlos Ruckauf (born 1944) is a Argentina. He is a member of the Justicialist Party. He became the vice-president of Argentina in July 1995 in the government of Carlos Menem and held that position until December 1999, when the Menem government left office. In the elections of 1999, he was elected governor of Buenos Aires province.


Ruckauf left that position amidst Argentina's political turmoil in January 2002 to rejoin the federal government under Eduardo Duhalde. He became foreign minister and served in that position until May 25, 2003 when the Duhalde government left office.




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Latin America: Argentina sunny, but regional outlook stormy (937 words)
Vice-president Carlos Ruckauf was of a similar opinion, stating the situation in Argentina is unlike that of Brazil, above all due to the size and nature of the latter's foreign and national debt - 300 billion dollars of short-term expiry loans.
Ruckauf said Argentina would not need to modify its monetary policy and that the country is preparing to confront this crisis, despite the unavoidable increased cost of credit and cooling of the economy.
Economist and consultant Carlos Melconian stated there was no risk at all of devaluation in Argentina, stressing that at present an increase is being seen in reserves and deposits in the banks - simply speaking, more fuel for the economy's fires.
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