Argentina liberated 450.000 tons of wheat for export, a decision which is believed to be closely linked to Sunday’s election in the farming province of Santa Fe where the government of President Cristina Fernandez de Kirchner suffered a major defeat.
“We received a vote of confidence from the Santa Fe people”, said early Monday the Argentine province next governor Socilaist Antonio Bonfatti, following his tight Sunday victory which also “cast a punishing vote” for the government of President Cristina Fernandez de Kirchner, ahead of next October election.
Argentina's trade surplus fell 22% on the year in June. Trade surplus last month 1.02 billion dollars, down from a revised 1.31 billion in June 2010, according to the national statistics agency, Indec.
Argentina and Uruguay have agreed on total allowable catches (TAC) of 4,000 tons and 9,000 tons for smooth-hound shark (Mustelus spp.) and ray (Rajidae) in the Common Fishing Zone (CFZ), which is shared by the neighbouring countries.
The head of the Argentine Rural Society, Hugo Biolcati carried out a harsh speech against the administration of President Cristina Fernandez saying it was time “to stop punishing farmlands and Argentina”.
In what is seen as a major setback for Argentine President Cristina Fernandez de Kirchner ‘Victory Front’ her candidate to governor of the country’s fourth most important electoral district, Santa Fe came in third with just 22.2% of the votes at Sunday’s provincial election.
Santa Fe is Argentina’s fourth most important electoral circuit and on Sunday will be voting for governor and a package of provincial officials from lawmakers for the local congress to councilors.
For the second time in less than a month the United States Congress has sent a strong message to Argentina warning it “does not belong” to the group of countries that abides by international law and strongly promotes democratic values.
The IMF confirmed that Argentine president Cristina Fernandez de Kirchner phoned incoming Managing Director Christine Lagarde last week, a few hours before the Fund reiterated its objections to Argentina’s official statistical data.
The Joint Technical Commission for Maritime Front (CTMFM) ordered a 60-day winter ban on hake (Merluccius hubbsi) in the Argentina-Uruguay Common Fishing Zone (CFZ), effective August 1 until September 30.