February 1, 2001
The sweltering mid-summer torpor settling over Buenos Aires feels heavier than usual these days. The streets are still busy and the traffic is as bad as ever with fumes choking the narrow streets of the microcentro financial district. But the city lacks the frenetic activity of previous years.
Union protestors are fed up with state intransingence
and the public at large has lost patience with
President de la Rúa.
Some of the city's impressive 19th century neo-classical buildings stand empty, their walls draped with peeling posters. One can make out the fading logos and names of f
Multilateral creditors recently gave Argentina a $39.7 billion aid package to keep the country afloat. The deal?s terms are sweet and the country still has believers, but President Fernando de la Rúa has all but lost support.