The Argentine government prices policy has collapsed and inflation could become out of control warned on Wednesday Javier Gonzalez Fraga, a former Central Bank president and expert in capital markets.
A report from the International Monetary Fund, IMF, increased 2007 growth forecasts for the region with Argentina clearly leading while Chile and Paraguay expansions were downgraded.
Argentina's National Ombudsman Eduardo Mondino filed Tuesday an appeal with the courts seeking to stop a retroactive hike in gas prices that the President Nestor Kirchner administration authorized in the province of Buenos Aires.
A closer look at Nestor Kirchner's recipe for Argentina: economic recovery, but growing authoritarianism, anti-Americanism and relations with Chavez.
Argentina was brought to a near standstill on Monday amid protests over the killing of a teacher in the Patagonian province of Neuquen during a protest clash last week.
Argentina's March inflation was 0.8% but the basic food basket, which helps to measure indigence, climbed 3.6%, according to the latest release from the controversial Economics Statistics Office, INDEC.
One of the three week long blockades by environmentalists and activists along the Argentine-Uruguayan fluvial border was lifted Sunday mid day, a second is expected to follow mid night and the third could continue for an indefinite period, according to the latest news from the area.
Argentina's two main unionized labor organizations have declared a strike for Monday following the death of a teacher who was hit by a tear gas canister during a teachers' protest march last Wednesday in the Patagonian province of Neuquén.
One person was injured yesterday amid scuffles between police and a group of demonstrators who attempted to block the port terminal of the Buquebus ferry company in the Buenos Aires city neighbourhood of Puerto Madero. The protest is against the Finnish Botnia pulp plant being built in Uruguay.
Police in the Argentine province of Neuquen have used tear gas for a second day against teachers protesting over pay and working conditions.