Menem, former President of a Neoliberal brand in Argentina – 02/14/2021

Menem, former President of a Neoliberal brand in Argentina - 02/14/2021

The charismatic Carlos Menem, who died in Buenos Aires on Sunday (14) at the age of 90, ruled for 10 years in Argentina as a leader of liberal ideology in the 1990s, profile his previous years as senator Unlike the.

In the middle of quarantine on June 13, 2020 Coronavirus, He was hospitalized in Buenos Aires for complicated pneumonia with a cardio history. Since then, his chances of hospitalization have increased due to a number of illnesses.

Born on July 2, 1930, into a family of Syrian immigrants, Menem was proud to have never lost an election.

Between 1989 and 1999, ‘El Turbo’ loved luxury, women, sports, Ferrari cars, watches and sparkling wine.

His privatization and liberal ideology have made him a darling of the International Monetary Fund, Wall Street investors, American Republicans and the Davos trading platform.

Menaem ran for the presidency again in 2003 and won the first round election against Peronist Nestor Kitchener with 22% of the vote.

However, he refused to participate in the election as he feared an avalanche of votes for his opponent.

A law graduate, Menem was governor of his home province, La Rioja, on two occasions, first in 1973, although he was removed from office at the time of the 1976 coup and was detained for two years.

Political stain

Menahem promoted a reform of the constitution in 1994, in addition to ending the obligation for those using state leadership to accept Catholicism, prompting the immediate presidential election.

It privatized most public companies and established an exchange rate at par with the dollar, a scheme that suddenly produced abundance, but which exploded in 2001, creating the worst economic crisis in the nation’s history.

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He also pardoned those who were prosecuted and members of partisan organizations for the last dictatorship (1976–1983).

He was in a preventive home in 2001 for arms smuggling to Croatia and Ecuador. He was released weeks later following a Supreme Court judgment and later acquitted for a period of 25 years.

The illegal arms sales to Ecuador occurred despite the fact that Argentina was a guarantor of peace in the 1995 confrontation between Lima and Quito.

The forums avoided arrests in lawsuits against him, including one to cover up for the 1994 attack on the Jewish AMIA, which resulted in 85 deaths.

In 2019, without serving his sentence for immunity as a senator, he received a three-year sentence for embezzlement.

He was the only Latin American president to join the Western Alliance to participate in the Gulf War (1990–91) with the dispatch of two ships.

“We have a cordial relationship with America,” he said.

Sarah Gracie

About the author: Sarah Gracie

Sarahis a reporter covering Amazon. She previously covered tech and transportation, and she broke stories on Uber's finances, self-driving car program, and cultural crisis. Before that, she covered cybersecurity in finance. Sarah's work has appeared in The Wall Street Journal, Bloomberg, Politico, and the Houston Chronicle.

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