Brazil's government is ready to respond to Argentine trade restrictions introduced this week but will evaluate the impact of the measures before making any retaliatory moves, trade officials said Friday.
Argentine opposition lawmakers presented December’s consumer inflation index based in the analysis of nine private agencies, which showed a 1.9% increase over the previous month and totalling 22.81% for the twelve months of 2011, roughly double the official index.
While Argentina’s Mercosur trade partners have adopted a cautious attitude regarding the latest measures that make it more cumbersome and bureaucratic to sell to Argentina, the country’s manufacturers and importers have warned of the consequences and called for a more balanced approach to the issue.
Argentine President Cristina Fernández’ recovery is showing “no complications” and she is in “good spirits” announced presidential spokesman Alfredo Scoccimarro in the medical follow-up from the Wednesday thyroid cancer surgery.
Energy company YPF announced the finding of conventional oil at the Cuenca Neuquina, in the Chachahuén bloc, at the Southern area of Mendoza province, that is equivalent to 40 million barrels.
The sixth stage of the Rally Dakar 2012, the first one in Chilean territory, has been suspended due to intense snow storms that do not allow the trespassing of the vehicles from Argentina.
Argentina is expanding its railroad network to cope with increasing demands for its growing export sector plus expectations of a boost in transit trade from landlocked Paraguay and regional commerce.
The Argentine state has made effective its option to a 15% stake of Aeropuertos Argentina 2000 which has the concession of the country’s 33 main air terminals. The company which has the concession, Corporacion America belongs to Eduardo Eunerkian, the same man who financed the Argentine Memorial cemetery in the Falkland Islands.
Acting President Amado Boudou arrived at Government House (Casa Rosada) in Buenos Aires at mid morning Wednesday to begin his duties as replacement of President Cristina Fernández for the next 20 days while she recovers from the thyroid operation.
Argentine President Cristina Fernandez thyroid cancer surgery was completed with “no inconveniences or complications”, said the official medical release signed by the intervening specialists, adding that a full thyroidectomy was practiced.