The oil price drop that has dominated the headlines in recent weeks has been framed almost exclusively in terms of oil market economics, with most media outlets blaming Saudi Arabia, through its OPEC Trojan horse, for driving down the price, thus causing serious damage to the world's major oil exporters – most notably Russia.
Human rights traded for other means of survival as shortages hit average people, says the 43-year-old Harvard graduate from his prison cell in a letter to the Wall Street Journal .
Bolivia's export 6.3 % higher than despite drop in gas volumes. Economic growth, foreign investment continue
The CEO of the state-owned oil company YPF Miguel Galuccio has assured that 2014 “was an exceptional year” in terms of growth and investment. He pointed out that every goal for the year had been achieved.
Consumers could have saved as much as US$ 167 million had fuel been imported directly instead of oil being refined by ANCAP. Mario Bergara deems it to be overblown
Market analysts describes two possible international scenarios. Whichever one prevails will be decisive. But it is not happenning soon.
Lawmaker and member of the Argentine Industrial Union (UIA) José Ignacio de Mendiguren said that inflation is not 40% as some private indexes say, but he pointed out that it is not around 24% as the government says either. “I think it is over 30%,” he said.
Central Bank President Alexandre Tombini sees the bright side of the international trend that is causing many others a headache, because the country is a net petroleum importer.
Brazil's economy contracted 0.26% in October, ending a three-month growth streak and coming in below analysts' expectations of a 0.30% expansion, reported the Central Bank.
US Court of Appeals for the Second Circuit in Manhattan this Wednesday morning will hear Argentina’s appeal against US Judge Thomas Griesa’s order to Argentine banks to provide information on the state’s assets.