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BBC World Service - World Business Report, US declares state of emergency over fuel cyber-attack


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The US government is working to get one of the most important fuel pipelines in the country going again. The Colonial Pipeline was shut down after a cyber attack, with criminals seeking a ransom to allow the network to be switched back on. Ellen Ward of Transveral Consulting tells us the impact the shutdown is already having. One in three adults in the United States has been fully vaccinated against Covid 19, but millions are still hesitant about getting the jab. Fazal Khan, associate professor of law at the University of Georgia, says there are regional variations in vaccine hesitancy. Professor Dorit Reiss, a lawyer at the University of California explains that some employees could get fired for refusing a vaccine. The President of Argentina, Alberto Fernandez, has arrived in Europe hoping to get support for a new deal to repay the country s huge debts. Jimena Blanco, head of Latin America research for Verisk Maplecroft in Buenos Aires, explains how ....

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Argentina's economy buckles after leader puts politics first


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Economic plight is so common, it’s playground talk.
By Jorgelina do Rosario and Patrick Gillespie, Bloomberg
5 May 2021 
07:54 
Alberto Fernandez. Image: Bloomberg
In late March, Argentine President Alberto Fernandez sent his guy to Washington to smooth things over. With negotiations stalled, Economy Minister Martin Guzman had meetings with US officials and the International Monetary Fund over its $45 billion loan.
Back home, Fernandez’s populist vice president took to the microphone to make one thing clear.
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Argentina's Economy Gets Revenge After Leader Put Politics First


Back home, Fernandez’s populist vice president took to the microphone to make one thing clear.
“We can’t pay because we don’t have the money,” said Cristina Fernandez de Kirchner, who held the nation’s top job from 2007 to 2015. The IMF’s terms are “unacceptable.”
READ MORE: Argentina Can’t Repay IMF $45 Billion, Vice President Says
It was a telling moment. When Fernandez, 62, took office in the final days of 2019, he presented himself as pragmatic. True, he’d briefly been Kirchner’s chief of staff within the Peronist left but he accepted a role for capitalism and wouldn’t allow Kirchner and her loyalists to set the agenda. ....

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