Argentina’s Finance Executive's Institute (IAEF) indicates Argentina could grow 6.5% in 2010 and 4.5% in 2011 according to its August report released this week.
The Basic Foods Basket, CBA, an index from Argentina’s Foundation for Latin American Economic Research (FIEL) increased 0.6% in July compared to the previous month, 21% in the first seven months of the year, and 35.9% over a year ago.
Argentine Economy Minister Amado Boudou confirmed what newspaper Ámbito Financiero had anticipated a week ago: the plan is to issue debt in US dollars but below the 9% mark, which with the current panorama may allow for an even lower percentage index.
The tensions between the eurozone's north and south, and the complex and politically costly transfers of money required to dampen the euro crisis, have led many people to think the unthinkable: saving Europe's common currency may require that some countries abandon it.
Argentina's government, unions and industry leaders agreed this week to raise the minimum wage by 23%, more than twice the official annual inflation running at 11%.
Argentina’s most powerful business organizations and personalities made a strong presentation in support of the legal system and the private sector as indispensable conditions for a sustained and continued economic development that includes all Argentines.
Argentine Foreign Affairs minister Hector Timerman said he held a “very important meeting” with Gualeguaychú Assembly members after the group of activists requested to be given an explanation of the upcoming joint monitoring of the River Uruguay recently agreed by Argentina and neighbouring Uruguay.
Contaminators “beware, the time of reckoning is coming” warns Enrique Martinez Argentina’s president of the National Institute of Industrial Technology, INTI who in a brief opinion column praises the recent agreement reached between Uruguay and Argentina to monitor the River Uruguay and ensure the non contamination of the shared water course.
Argentina's GDP will reach 7% this year based on a strong domestic demand, Economy Minister Amado Boudou said on Wednesday. The announcement follows earlier in the week reports that the Consumer Confidence index ICC has increased 2.9% in July over a year ago.
India and Argentina signed in New Delhi on Monday a joint agreement for the development of technical and professional cooperation in the agricultural sector and to foster trade of plants and animal products between the two countries.