[Cincinatus' Wife]

Argentina bank freeze partly lifted***The banking freeze has kept deposits locked up since last December to protect the nation's fragile banking industry from collapse. But the government's plan does not give the public unfettered access to its cash, as so many have been demanding in daily protests.

Faith shattered

Instead, President Duhalde has offered to swap 30bn pesos ($8.5bn) of deposits for government bonds that can be converted to cash in either five or 10 years' time. Deposit holders who do not want the bonds will be given bank certificates that they can use to buy big ticket items such as properties and cars.

The restrictions on cash withdrawals remain in place, but the government is also going to allow exporters to open dollar bank accounts for foreign trade. The hope is that the package will help stoke consumer demand, which has all but dried up in the country's worst economic crisis in its history.***

[RMrattlesnake]

If I had a million dollars I would offer it for Hugo's head. If somebody doesn’t kill him soon there will be a lot of misery in South America, Latin America and ultimately here in the US, likely in the southwest parts of the US.