Of every ten pesos of tax revenue collected by the Argentine Treasury, 4.4 pesos originate in the country's agro-business. Fiscal pressure on Argentina's primary production, (cereals, oil seed, meats) plus the industrialization process is in the range of 32%, ten points higher than for the rest of the economy, reports Buenos Aires daily La Nacion.
A second high speed train for Argentina was announced last week by President Cristiana Fernandez de Kirchner. Three consortia submitted bids to build the Buenos Aires to Mar del Plata high-speed link.
Mining exploration in Argentina expanded 21% in 2007 over 2006 with a record 600.000 meters drilled reported in Buenos Aires the Mines Secretariat. Looking back to 2003, exploration activity soared 265% and investments 748% reaching 1.7 billion US dollars.

Argentine president Cristina Fernandez de Kirchner is preparing for an agenda of international meetings, both at home and overseas, with the purpose of fulfilling her electoral promise that global relations will be paramount for her administration, reports the Buenos Aires press.

Argentina's controversial Statistics and Census institute, Indec, further fueled dispute over the accuracy of official data when it announced that the January consumer price index, CPI, rose 0.9%, the same percentage as November and December and well below reliable private estimates of 2%.

The International Monetary Fund has asked Argentina's statistics office INDEC to clarify some methodology changes it introduced last year, echoing concerns among economists, statisticians --and public opinion-- over the reliability of the country's inflation data, reported the Buenos Aires press

The energy model championed by Argentine President Cristina Fernández and her husband, former President Néstor Kirchner, keeping domestic energy prices and utilities tariffs artificially low to boost an economy recovering from a debt and devaluation crisis in 2001-2002, looks increasingly unsustainable.

The Russian icebreaker Vasili Golovnin contracted by the Argentine government to help with this year's Antarctic season is currently supplying fuel to Argentina's permanent base Marambio in the Antarctic Peninsula.

The last army chief from Argentina's dictatorship and five other retired officers went on trial Tuesday for their alleged roles in the illegal detentions and torture of dissidents during military rule.
The Argentine federal justice has opened an inquiry into the Malvinas war veterans' pension scheme following on claims that at least 700, and possibly thousands, of non combatants are collecting monthly payments.