By The Economist Group
Read or Download The Economist - 26 May 2001 PDF
Best nonfiction_5 books
- Chronicle of the Hungarians (Medievalia Hungarica Series, V. 2)
- Women, War, and Violence: Personal Perspectives and Global Activism
- Harvard Theological Review 2009-01
- Fenner's Veterinary Virology
Additional resources for The Economist - 26 May 2001
Sample text
Given Colombia’s problems, the IMF is likely to be accommodating. Not so Colombia’s politicians. This week, after three years of discussions, the Senate finally killed Mr Pastrana’s plan for political reform, originally intended to encourage Colombia’s guerrillas to make peace. The proposed reform would have required each political party to present a single list of candidates, rather than the current plethora. Proponents argue that this would have created stronger parties and reduced corruption.
Electricity firms say demand has fallen in recent days, though not yet by 20%. As they switch off the lights, many Brazilians will also be praying to St Peter for an unseasonal downpour. Copyright © 2007 The Economist Newspaper and The Economist Group. All rights reserved. Politics in Colombia Limits to reform May 24th 2001 | BOGOTA From The Economist print edition Time is starting to run out for the government ANDRES PASTRANA has never been short of problems. Since becoming president in 1998, he has grappled not just with a drug-fuelled internal war, but with Colombia’s first economic recession since the 1930s and public disenchantment with a self-serving Congress.
A constitutional amendment to restrict transfers is now close to final approval in Congress, having passed the Senate last week. But it has been diluted. 5%, indefinitely. 5% from 2006-08, with no limit thereafter. The savings the finance ministry had hoped for over five years will now take seven, it says. As for pensions, the government wants to raise both contributions and the retirement age, and to eliminate special regimes for members of Congress, teachers, oil workers and the armed forces.