Tuesday, July 17, 2007

Miceli Resignation Amid Cash Probe May Hurt Kirchner in Argentine Election

(Bloomberg) -- Argentine Economy Minister Felisa
Miceli's resignation, sparked by a probe of cash found in her
ministry office, may further erode the government's popularity
less than four months before national elections.

Miceli, 54, said last night she left President Nestor
Kirchner's government to avoid tarnishing its image and to
``clarify'' her situation. Yesterday, a prosecutor sought to
question her about $31,000 in U.S. currency and 100,000 pesos
($32,300) discovered last month in a bag in her office bathroom.
She was replaced by Industry Secretary Miguel Peirano, 40.


Read more at Bloomberg Emerging Markets News

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