Argentina

Sunday, May 11th 2008 - 21:00 UTC
Conflict fears make Argentine savers opt for US dollars

Seven out of ten Argentines with savings in the banking system have been changing their options from local pesos to US dollars or other currencies or assets, fearing the consequences of the unresolved farmers' conflict could lead to a run on the banks and the government's response of freezing assets, according to some Argentine media.
Sunday, May 11th 2008 - 21:00 UTC
Argentine farmers plan more protests; governors' support

Tired of waiting for signals from President Cristina Fernandez de Kirchner's administration, Argentine farmers' leaders are ready to extend the current lock out which expires next Thursday, according to warning speeches over the weekend.
Saturday, May 10th 2008 - 21:00 UTC
Argentina's inflation is April doubles the Kirchner's index

The April Consumer Prices Index, CPI, in Argentina registered a 0.8% increase according to an official release from the questioned Statistics and Census Office, Indec. The index is half what private analysts were estimating and is bound to re-ignite the controversy about the alleged manipulation of Indec by the Kirchners' administrations.
Saturday, May 10th 2008 - 21:00 UTC
Argentine farmers lobbying governors to join struggle

Argentine striking farmers completed the second day of their renewed protest with an open meeting in one of the country's northern provinces warning that the country is beginning to feel recession symptoms because of the stoppage, while from Buenos Aires the Kirchners administration continued with their verbal attack calling them greedy and irresponsible.
Friday, May 9th 2008 - 21:00 UTC
Hawks & hooligans, the Kirchners' anti inflation plan

Hardliners have taken over the Argentine administration of President Mrs. Kirchner determined to a complete victory over the farmers in the current conflict, while pickets of hooligans have taken to the streets to intimidate businesses to moderate prices thus helping to combat the country's spiraling inflation.
Friday, May 9th 2008 - 21:00 UTC
Volcanic ashes give Buenos Aires sunset grayish color

A thin rain of ashes in suspension from the Chilean volcano Chaitén which became active last Friday and have blanketed vast areas of Chilean and Argentine Patagonia began reaching Buenos Aires City atmosphere on Thursday.
Thursday, May 8th 2008 - 21:00 UTC
Climate conditions could reduce Argentina's soybean

Bad weather may reduce Argentina's soybean crop below previous forecasts this year but the precise outlook is still unclear, Hamburg-based oilseeds analysts Oil World said this week.
Thursday, May 8th 2008 - 21:00 UTC
Argentine farmers' conflict resumes in uncharted terrain

Frustrated Argentine farmers returned on Wednesday to protest pickets in the country's highways following 21 days of conflict and 36 of truce during which no sound agreements were reached with the reluctant and stubborn President Kirchner administration.
Thursday, May 8th 2008 - 21:00 UTC
Ferry-operator to take leading control of Aerolíneas Argentinas

The head of the main ferry system in the River Plate will be joining the Spanish owned Aerolíneas Argentinas as one of the leading shareholders, once the air carrier has been audited according to reports in the Buenos Aires press.
Thursday, May 8th 2008 - 21:00 UTC
Half of Argentine 2007/08 crop retained in the farms

The extended Argentine farmers/government conflict, which was triggered in early March when the new sliding export taxes system was announced, and its renewed eight days of protest, have left an estimated 44 million tons of grains and oil seeds unsold, valued in approximately 12 billion US dollars, according to market analysts interviewed by the Buenos Aires press.