World Bulletin / News Desk
Argentine President Cristina Fernandez unveiled a commemorative bank note on Wednesday bearing the image of Evita Peron to mark the 60th anniversary of the iconic first lady's death.
The bill is based on the design of a five-peso note that the mint had planned to issue after Evita died of cancer at the height of her popularity, but which went missing during the coup that toppled her husband, late former President Gen. Juan Peron.
"It's a homage that we don't just owe to her, we owe it to ourselves," said Fernandez, who belongs to the Peronist party that has dominated Argentine politics since the late 1940s heyday of Peron and his wife Eva, known as Evita.
"She wasn't perfect, she wasn't a saint. On the contrary ... she was an ordinary woman who had the immense fortune to find her place with a man and with a nation," she said, proposing the Evita bills eventually replace the current 100-peso bank note bearing the image of controversial former President Julio Roca.
The new bills will be legal tender, but it was not immediately clear how many would be issued or when they would enter circulation.
Evita's figure is still very much alive in Argentine politics six decades after she died of cancer at the age of 33.
Fernandez, a center-leftist sometimes compared to the famous first lady, often invokes her memory in speeches. Just before last year's election, she unveiled a huge portrait of her on the Health Ministry building.
Evita, who found fame as an actress before marrying Peron, is adored by many Argentines for helping women get the vote, securing labor benefits for the working classes and founding hospitals and orphanages.
If Russian oil giant Rosneft's request for $49 billion from the government is not met, Russia could face larger budgetary and revenue problems, say experts
China launched the first stage of an Asian development bank, in what is widely seen as a challenge to U.S.-backed international banks.
Aid agencies are tentatively also giving away cash and letting refugees decide for themselves what they need. The money is being wisely spent and rarely wasted
The research firm IHS estimated this week that ISIL militants were producing about $2 million worth of crude oil a day before recent U.S.-led air strikes.
The conflict between Turkish and Greek Cypriots on the island continues over the ownership of the hydrocarbon reserves in the exclusive economic zones off the shore of the island
Aeroplane maker company Boeing sells plane parts to Iran, as part of easing the sanctions and first step since 1979
OPEC's second-largest producer, Iran is normally among the first members of the oil producers' group to call for supply cuts to support prices.
The 21-member Asia-Pacific Economic Cooperation (APEC) bloc said they would advance structural reforms to unleash new sources of growth.
Ukraine needs to pay its previous debt to Russia by the end of the year and pay in advance for getting new volumes of natural gas
The loss of Khafji's 280,000 barrels per day of Arabian Heavy crude will be felt more in Kuwait, which has far less spare output than its neighbour
Under Lufthansa's proposals, pilots would still be able to retire early, but the age would gradually increase to 60 from 55.
Labor tension on the rise as high inflation reduces spending power.
Third quarter growth was lowest in more than five years, threatening annual target
De Margerie was killed when a business jet collided with a snow plough during takeoff at Moscow's Vnukovo International Airport overnight, the company and airport officials said.
Stabilised political and security situation, the launch of government initiatives toward fiscal consolidation and strong support from external donors are some of the reasons given for improved economic outlook.