ARGENTINA: Standoff Over Central Bank Firing Continues.

NYTIMES/
The standoff between the President Cristina Fernández de Kirchner and a fired central bank head is shaking the nation's financial markets. Her announcement to restructure $20 billion in foreign debt from the 2001-2 default was resisted by the Central Bank president. This struggle follows her government retaking control of privately-held Aerolíneas Argentinas last year and seizing $30 billion in private pension funds.