Menem not seeking new term

Buenos Aires - President Carlos Menem of Argentina said yesterday he would not serve again as president, apparently ending speculation…

Buenos Aires - President Carlos Menem of Argentina said yesterday he would not serve again as president, apparently ending speculation that he would seek a third term at the end of 1999.

Argentine presidents are prohibited from serving three consecutive terms. President Menem was elected in 1989 and reelected in 1995, but he has been fighting behind the scenes to alter the constitution for another presidential bid.

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