The Argentine government/farmers stand off over export taxes has scheduled a new demonstration of force next Super Tuesday when the presidential Kirchner couple government faithful, and farmers with city supporters, will be out on the streets of Buenos Aires in two simultaneous, but 50 blocks away separate rallies.
The Argentine government asked on Thursday a judge to appoint an administrator for the country's main airline and flag carrier Aerolineas Argentinas, a move seen as a possible step toward a state takeover of the company and a potential controversy with the Spanish government.
The Consumer Prices Index in Argentina increased 0.6% in June and 4.6% in the first half of the year. Wholesale prices jumped 1% in June totaling 6.3% in the first six months of 2008, both percentages according to the official Statistics and Census Office, Indec
Argentina's major soy businessman Gustavo Grobocopatel said that modern farming has nothing to do with rich against poor.
The Argentine government has plans to intervene in the administration of the country's largest airline and flag carrier Aerolineas Argentinas, which has been hit by a series of labor disputes, Buenos Aires media reported on Wednesday.
After the tight victory in the Lower House the Argentine government and the farmers are preparing for the decisive battle, on the controversial grains and oilseeds export taxes, in the Senate, where intense lobbying has begun and on independent accounts it's an open race.
Argentine retail sales at national level plummeted in June falling 18.3% compared to the same period a year ago, the worst performance since the country began recovering from the 2001/02 collapse of the economy according to a release from the Argentine Confederation of Small Enterprises, CAME.
Under the title Argentina's military threat raises fears over Falklands, the London Daily Telegraph refers to Argentine President Cristina Fernandez de Kirchner speech on Monday night to the Armed Forces.
An estimated 9 billion US dollars left Argentina between late March and the end of June on fears of growing uncertainties about the country's economy and the on going stand off with farmers who are protesting President Cristina Fernandez de Kirchner administration policies towards the camp.
Argentina's lower house of Congress finally approved on Saturday after a marathon session a controversial package of grain-export taxes that have sparked months of nationwide farm strikes and food shortages since they were first implemented in March.