The Argentine economy will be exposed to an agro-cooling period, according to market analysts quoted by the Buenos Aires press. This neologism in practical terms translates into a significant slowing down of the economy as a consequence of the current stand off between farmers and the President Cristina Fernandez de Kirchner administration.
The world wants more wheat, but parched soils and anger over government intervention in the market could lead Argentine farmers to sow one of their smallest crops in 15 years.
Buenos Aires City ombudsman Alicia Pierini and Juan Cabandié head of the Human Rights Commission of the city's elected council have opened a registry for claims of human rights violations committed during the 1982 Malvinas war.
The administration of Argentine President Cristina Fernandez de Kirchner is finding it increasingly difficult to retain the congressional majority which should ensure the approval of the sliding export taxes on grains and oilseeds, as sent by the Executive, and which triggered a 103 day conflict with farmers.
Argentina reported that its total foreign debt stood at 127 billion US dollars in the first quarter of the year, continuing to rise higher than when the country negotiated a record debt swap in 2005.
For third consecutive day the Argentine Lower House Agriculture and Budget committee continued to consider the sliding tax on grain and oilseed exports which triggered a 103 day conflict between farmers and the Kirchner administration.
Argentina exported 190,446 tonnes of fish and shellfish worth USD 371.4 million in the first five months of 2008, indicate statistics released by the National Food Safety and Quality Service (SENASA). These figures represent an 11.2 per cent fall in volume and a 9.7 per cent drop in value compared to the same period last year when 214,373 tonnes were exported for USD 411.3 million.
Positive and important were the words used to describe the Monday afternoon hour and a half meeting between Argentine President Cristina Fernandez de Kirchner and farmers in Government House following a stand off of over 100 days.
Argentine television cameraman Erich Schmidt died in Buenos Aires last weekend after a long illness.
The influential Spanish daily El País in one of its main editorials recently criticized the decisions, speeches and ruling attitude of Argentine president Cristina Fernandez de Kirchner arguing they are eroding Argentina's economic credibility and the image of the Kirchner couple government.