Argentina's Economic Crisis

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In December 2001 Argentina was caught by street protests when former President Fernando de la Rua froze bank accounts to pay off the country's foreign debt. The continuing protests, street riots, and looting of shops caused De la Rua to resign as well as his successor Interim President Adolfo Rodriguez Saa. To end the country's economic and political turmoil on New Year's Day Argentina's Legislative Assembly decided to appoint Eduardo Duhalde as Argentina's new President until December 2003. Here Communistas throw rocks during a protest that turned into a riot between rival political parties.