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·Early Spanish Settlement
·Colonial Developments
·The Jesuit Missions
·The New Viceroyalty
·The British Invasions
·The May Revolution
·Unitarism And Federalism: A Prelude To Civil War
·The Break-up Of The Viceroyalty
·Civil War And Independence: The United Provinces Of The Plate
·Rosas - The &Quot;Caligula Of The River Plate&Quot;
·San Martín
·Consolidation Of The Nation
·The Conquest Of The Desert And Territorial Expansion
·Social And Economic Change: 1850-1914
·Political Reform And The Age Of Radicalism
·Rise Of Perón
·Perón's Second Term
·The Military In Politics: 1955-73
·The Return Of Perón And The Collapse Of Democracy
·Totalitarianism, The Proceso And The Dirty War
·An Historical Dispute: The Falkland Islands/Islas Malvinas
·Alfonsín And The Restoration Of Democracy
·Menem's First Term: 1989-95
·Menem's Second Term
·The Current Situation
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THE CURRENT SITUATION
Argentina    view all cities
Top Destinations
  Buenos Aires
READ IT HERE
De la Rua's personality stood in complete contrast to that of the flamboyant Menem. He is known for his steadiness rather than his charisma and, in 1999, he seemed to represent the fiscal and moral probity that Argentines, tired of the excesses of Menem's administration in its later years, felt their country needed. After the country began to buckle under the weight of a heavy foreign debt and a crippling four-year recession, however, the consequential high unemployment rate lead to an outburst of rioting that forced de la Rua to resign only two years into his term. After three short-term replacements in two weeks, Senator Eduardo Duhalde was named president on January 2, 2002, and given a two year term.Though many now have hopes for a complete overhaul of the political scenery, others remember the deficit that Buenos Aires suffered during his run as the city's governor of Buenos Aires from 1991 to 1999 and are skeptical

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