
Inflation expectations for the next twelve months in Argentina dropped to 29.5% in May from 30.3% in April according to the latest report from the Financial Investigation centre from the Torcuato Di Tella University, CIF.
This is the first time in twenty months that the index is below 30%.

The trade dispute among Mercosur main partners seems to be abating from the moment Brazil authorized on Friday the introduction of 1.000 cars manufactured in Argentina that had been retained in Customs since the implementation of non automatic import licences.

Argentina's industrial production rose a seasonally adjusted 8% on the year in April, led by an expansion in automobile, metals and chemical output. Manufacturing increased 0.5% in seasonally adjusted terms from March, the national statistics agency, Indec, reported Friday.

Argentina’s Federal Fisheries Council, CFP, ordered the closure of the squid (Illex argentinus) fishery to the south and north of parallel 44° as from 21 May until June 18 because of a low resource biomass.

Economy Minister Amado Boudou said that the pillars of the ‘productive model’ and re-industrialization process implemented by the Argentine government are solid consolidating social inclusion and distribution.

While Argentine and Brazilian officials are involved in a ‘constructive dialogue’ to overcome trade disputes the head of the powerful Sao Paulo Federation of Industries, FIESP, Paulo Skaf said that Argentine Industry minister Debora Giorgi tends to “over-cry” the restrictions imposed on car imports to Brazil.

The umbrella organization of Argentina's Jewish community, DAIA, has won an injunction against Google, preventing the world's most popular search engine from suggesting anti-Semitic and racist websites to its users.

Germany’s Daimler AG must face a U.S. lawsuit alleging its Argentine Mercedes-Benz unit collaborated with state security forces to kill and torture workers during the so- called Dirty War 35 years ago, an appeals court ruled.

A small commercial plane crashed in an isolated part of Patagonia in southern Argentina late on Wednesday, killing all 22 people on board, officials said.

The following piece by Jude Webber writing for the Financial Times explains the different approach by the two neighboring countries to the windfall earnings of the commodities boom.