Ola, imagine you're in Spain, and you've just poured a refreshing Strya Galicia,

Cervesa. You hear the bubbles in the glass calling out.

In the Penly on unbrooding Galia since 1906, 100% authentic. But not all Spanish beers are what

they seem, a bit like me. I'm not Carlos from Acrouna. I'm Charles from Cambridge. Estreia Galicia. Spanish. Not Spanish. This is CBS I on the World with John Bachelor.

Here's John Bachelor.

The New World Report with Professor Avenignellis of the US Army War College Strategic Studies Institute.

The breaking news in America, in South America, in economic circles is Argentina has a new president.

His name is Milay.

Aviar Milay.

He is also a trained economist and a very subtle TV star,

subtle.

However, right now we're concerned with the orders

he's given as president about the peso and what he called dollarization during the campaign.

The headlines in Reuters tells a story.

Argentina braces for economic shock package as peso shackled.

Argentina's new government will lay out its economic shock therapy in a bid to rein in

triple digit inflation and rebuild depleted foreign currency reserves.

The dollar, long used in Argentina for genuine trade and barter and purchases is is kept by people I'm told in

coffee cans under beds and outside the country for fear that it will be

confiscated by previous governments. Right now the Argentina, as I understand it,

need confidence in their new government in order to return the dollars to the economy.

There's much more and the professor can help me.

...