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.
With considerable delay Argentina's Lower House began late Friday evening to debate the controversial sliding export taxes on grains and oilseeds which triggered a three months-plus stand off between the Kirchner administration and protesting farmers.
During the first five months of 2008, lamb and mutton exports from Argentina totaled 4.124 tons equivalent to 15.1 million US dollars which represents a 5% increase in volume and 19% in value, according to the latest statistics from SENASA, the Agro-food health and quality service.
For the first time in almost thirty years Argentina was unable to fulfill its high priced special cuts Hilton quota of beef for the European Union in the fiscal year which ended June 30.