Fiscal crisis awaits new Dominican president
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SANTO DOMINGO, Dominican Republic -- Four years after stepping down as the Dominican Republic's president, Leonel Fernandez returns today, promising improvements as the Caribbean nation suffers its worst economic crisis in decades.
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Political analysts are uncertain if BrazilÂs president, made vulnerable by another corruption scandal, will obtain the majority he needs to avoid a runoff.
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Philippine President Gloria Arroyo has called on the public to make personal sacrifices amid warnings of an impending economic crisis.
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Ousted Haitian President Jean-Bertrand Aristide said on Friday he could be part of the solution to strife in the Caribbean nation, convulsed by violence since he was forced into exile in February.
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Tabare Vazquez was poised to become Uruguay&#39;s first leftwing president yesterday after campaigning for the more equitable distribution of wealth and social justice in a country crippled by a recent economic crisis.
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Lebanonâs efforts to select a new president are already facing fresh setbacks. But with a deadline looming, lawmakers risk even deeper chaos if they fail to make a choice.
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They partied in the streets yesterday in the Dominican Republic, where the president declared a national holiday after Anaheim's Vladimir Guerrero won the American League MVP award in an election that featured four Dominicans, including Manny Ramirez and David Ortiz, among the top five finishers.
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Italy's president is preparing to hold crisis talks with political leaders to see if Romano Prodi, who resigned as prime minister after nine months in power, can continue to lead a government or must be ...Comment
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While most of Italy decamped to the beaches and the mountains for their summer break, one man remained holed up crunching numbers in his office in Rome. The task facing Domenico Siniscalco, Italy's new finance minister, is daunting. He will try to win support for an immense round of budget cuts &#151; totaling at least &#36;29 billion for 2005 &#151; to contain Italy's ballooning deficit and cut back its mountainous debt.
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Violence and political instability are growing in the Caribbean nation of Haiti. More than seven months after former President Jean-Bertrand Aristide fled the country, political polarization
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Even if President Bush could snap his fingers and magically &quot;fix&quot; Social Security tomorrow morning, the nation would still be facing a fiscal crisis.
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Felipe Calderon was declared president-elect Tuesday after two months of uncertainty, but his ability to rule effectively remained in doubt with rival Andres Manuel Lopez Obrador vowing to lead a parallel leftist government from the streets.
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His Liberal Democratic Party will elect a new leader Sept. 19.
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Leonel Fernandez was sworn in as the Dominican Republic's president Monday, returning to power after four years out of office to lead a nation struggling through its worst economic crisis in decades.
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SANTO DOMINGO, Dominican Republic -- One hundred days after a lawyer raised in New York was inaugurated as president following a landslide protest vote against the previous government, Dominicans are marveling at a dramatic turnaround of an economy that was in a desperate tailspin.
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The presidentâs budget, which foresees near-record deficits just ahead, is sure to meet resistance in the Democratic Congress.
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The interim vice president has emerged as a surprise front-runner to assume the powerful post, although the frenetic negotiations among parties on forming the next government are far from complete.