Economy

Thursday, March 29th 2012 - 04:24 UTC
Guess why Argentina restricts book imports: possible lead poisoning from ink

Argentina does not ban the import of books, the latest measures have been implemented to safeguard human health since handling books could entail dangers originated in the lead content of the inks with which they are published.
Thursday, March 29th 2012 - 04:13 UTC
It’s official now: Argentine oil and gas production continues to fall

Argentina oil output during the month of January dropped 4.21% compared to a year ago while natural gas was down 0.11%, according to the latest official data from the Energy Secretary.
Thursday, March 29th 2012 - 01:39 UTC
Argüello says Argentina/US relations are fine, “nothing to worry about”

The Argentine Ambassador to the US, Jorge Argüello, assured on Wednesday that despite reactions to trade barriers put up this week by the US to Argentina, there was “nothing to worry about” regarding the relationship between the countries.
Wednesday, March 28th 2012 - 05:49 UTC
US/Argentina spat “comes as no surprise” and is a “serious bump in the road”

The US government said on Tuesday that their recent decision to suspend Argentina from the Generalized System of Preferences, GSP, program, which waives import duties on thousands of goods from developing countries “is a serious bump in the road”, but “should not come as much of a surprise.”
Wednesday, March 28th 2012 - 00:41 UTC
CFK promises to address “trade wars and guerrillas” in a most civilized and legal way possible

President Cristina Fernández questioned US president Barack Obama’s recent decision to suspend trade benefits for Argentina, while complaining that “we can’t even manage to get one of our lemons to enter the US market.”
Tuesday, March 27th 2012 - 12:52 UTC
Brazil extends tax cuts on appliances but manufacturers must not lay-off workers

Brazil announced extended tax cuts on appliances such as refrigerators and washing machines, and reduced levies on other goods, as it seeks to help manufacturers hurt by a slowdown in economic growth and a surge in imports.
Tuesday, March 27th 2012 - 12:45 UTC
Foot and mouth disease outbreak in Egypt with new virus strain

FAO warned that urgent action is required to control a major outbreak of foot-and-mouth disease and prevent its spread throughout North Africa and the Middle East, which could have serious implications for food security in the region.
Tuesday, March 27th 2012 - 12:41 UTC
BRICS summit to agree on intra-trade and credit on local currencies

The five major emerging economies of BRICS -- Brazil, Russia, India, China and South Africa -- are set to inject greater economic momentum into their grouping by signing two pacts for promoting intra-BRICS trade at the fourth summit of their leaders in New Delhi on Thursday.
Tuesday, March 27th 2012 - 12:31 UTC
World’s main food suppliers host FAO regional conference in Buenos Aires

Food and Agriculture Organization, FAO, opened Monday its Latin America and Caribbean Regional Conference in Buenos Aires which will extend until next Friday when it will announce the issues that will guide FAO actions worldwide.
Tuesday, March 27th 2012 - 12:17 UTC
Global stocks rally as Fed confirms easy monetary policy to fight unemployment

Global stocks rallied on Monday while the dollar retreated after Federal Reserve Chairman Ben Bernanke said that in order to reduce unemployment, easy monetary policy should stay in place. The benchmark S&P 500 index closed at its highest level since May 2008.