ARGENTINE ECONOMIC AND POLITICAL SITUATION

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R002400400007-8
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: November 9, 2016
• Document Release Date: January 22, 1999
• Sequence Number: 7
• Publication Date: February 24, 1949
• Content Type: REPORT

Approved For Release 1999/09/09 : CIA-RDP82-00457ROO2400400007-8
CLASSIF1CrT!ON r
CENTRAL INTELLIGENCE AGENCY
I FORMATION REPORT
COUNTRY
?3UBJECT
Argentina
Argentine Economic nnd-Poftt1h!:r91tx~aii;n
PLACE
-ACQUIRED
DATE OF INR
25X1X6
To CIA L AfY
REPORT NO.
CD NO.
25X1A2g
DATE D!STR. 24 February l9i
NO. OF PAGES 1
NO. OF ENCLS.
(LISTED BELOW)
SUPPLEMENT T65X1A2g
REPORT NO.
4.
A 4:-hour countrywide ;pr. inters strike in sympathy with the Buenos Aires
printer g strike has been scheduled for 24 February 1949! Reports of an
imminent back employees" strike continue to be received, However, Mro? Peron
Informed a workers delegation from the Banco de la Macion that a bank strike
ti: uld result in a loss of seniority and pension rights for the ecaployneo
2. The directors of the Banco de la PJacion have informed President Peron that an
economic crash in Argentina will occur in two months if the present situation
contintesa The go xmerat has been printing fiat currency In order to dis-
charge some of its current obligations. The Banco do Credito Industrial has
been buying up stocks on the Argentine market in an effort to avert a stock
market crash.
3 A po-v rful group of biglr?ranking array officers have demanded that Peron efTect
the following:
as immediate solution of the economic crisis, through a loan if necessary,,
b. Return to free enterprise in Argentina's international trade.
c~, Freedom of the press.,
d. Dissolution of the constitutional assem'?baly.
e.n Removal of 1, s. Peen from political activity.
Rumors that Mrs. Peron has fled from Argentina cannot be confirmed. FHowmver, she
recently stated that she desired a vacation in Chiles,
-Qq nlt. The o ernment cannot give in on the Buenos Aires printers I strike
without-establishing a precedent which wild cause other labor unions to defy the
gover+nt gc b?anding of certain strikes as illegal.
Document No. 0
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DECLASSIFIED
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Approved For Release 1999/09/09 :-CIA-RDP82-OO457ROO24OO4OOOO7-8