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Additional info for The Economist - 17 October 2001

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Some analysts are also unimpressed that, in an attempt to spark economic growth, Mr Cavallo's latest plan gives away in tax breaks for business more than will be saved from cuts by the provinces. That is a belated recognition that Argentina will never achieve fiscal equilibrium while tax revenues continue to shrink. But just as Mr Cavallo confused matters by fiddling with Argentina's dollar peg (half linking it to the euro for foreign trade purposes), so he has now quietly abandoned the goal of a balanced budget, the cornerstone of his policy since July.

Tribunals would eliminate the worry, in a civil trial in America, that jurors would be in danger of attack by other terrorists. They would also allow the government to keep secret the intelligence methods by which evidence had been gathered. Standards of evidence would be looser than in civil courts, or even courts martial, and guilt would not need to be proved beyond a reasonable doubt. The White House cites precedents in the tribunals used to try Abraham Lincoln's assassin and his accomplices in 1865, and German saboteurs in the second world war.

But there is at least one (fairly) bright spot. The Great Lakes and the St Lawrence river system between Canada and the United States, which together account for a fifth of the world's non-polar fresh water, are much healthier than they were. Can they stay that way? Though Lake Michigan is wholly within the United States, all five lakes are governed by the Boundary Waters Treaty of 1909, implemented by an independent binational joint commission. In 1978, both countries agreed to try to clean up the water in the lakes, several of which were heavily polluted.

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The Economist - 17 October 2001 by The Economist Group


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