European efforts to promote bio-fuels should be rethought because of the contribution they have made to rising food prices, according to Jeffrey Sachs, a top economic advisor to the United Nations.
Bad weather may reduce Argentina's soybean crop below previous forecasts this year but the precise outlook is still unclear, Hamburg-based oilseeds analysts Oil World said this week.
Frustrated Argentine farmers returned on Wednesday to protest pickets in the country's highways following 21 days of conflict and 36 of truce during which no sound agreements were reached with the reluctant and stubborn President Kirchner administration.
The French engineering giant Alstom, famous for its high speed trains and power stations is under investigation by Swiss and French officials for alleged briberies to gain contracts in Asia and South America between 1995 and 2003.
The head of the main ferry system in the River Plate will be joining the Spanish owned Aerolíneas Argentinas as one of the leading shareholders, once the air carrier has been audited according to reports in the Buenos Aires press.
The extended Argentine farmers/government conflict, which was triggered in early March when the new sliding export taxes system was announced, and its renewed eight days of protest, have left an estimated 44 million tons of grains and oil seeds unsold, valued in approximately 12 billion US dollars, according to market analysts interviewed by the Buenos Aires press.