Brazil’s central bank reiterated that inflation will continue to slow toward its target, signalling it will further reduce interest rates that have already been cut to a record.
Under the heading of “Knock, knock, the government unleashes the tax agency against its opponents” The Economist latest edition claims that President Cristina Fernandez is using the tax revenue office to hound its political enemies.
The main concern of Argentines is insecurity, followed at a distance by poverty according to a public opinion poll released this week in Buenos Aires, which also revealed that one out of three interviewed had been victims of some kind of criminal activity.
The head of the Argentine Rural Society (SRA) Hugo Biolcati blasted the national and provincial governments economic policies towards the agricultural sector during his opening remarks at the inauguration of the 126 annual edition of the entity’s exhibition held at La Rural pavilion in Palermo, Buenos Aires City.
Argentina and Bolivia signed on Wednesday new agreements to increase the sale of Bolivian natural gas to its southern neighbour but the controversial issue of a price review went unnoticed.
The US dollar reached a new high in the Argentine informal market during Wednesday trading at 6.74 pesos, 25 cents more than on Tuesday while the gap with the official exchange rate jumped to 47.2%.
Argentine CGT Labour Confederation head Hugo Moyano said on Wednesday that he would not vote again for President Cristina Fernández but nevertheless sent her a letter requesting she receives the new CGT board which the government does not recognize.
Six people were killed in a bomb attack on a bus carrying Israeli tourists at a Bulgarian airport on Wednesday and Israel accused Tehran of carrying out the attack, promising a strong response to Iranian terror.
At least four leading US oil corporations are interested in investing in Argentina’s nationalized YPF but are demanding a law that guarantees investments, direct export of oil and remittance of benefits.
Mercosur full members Argentina, Brazil and Uruguay are insisting with their decision to sanction the Paraguayan government following the impeachment and removal of former president Fernando Lugo