Argentina

• Wednesday, October 23rd 2013 - 20:51 UTC

  Wheat shortage in Argentina has seen bread prices skyrocket; Buenos Aires ton price is double Chicago's

  

  In the last few days the Argentine news media has been focusing on the fact that there does not seem to be enough wheat or corn to go around, which is driving prices higher and causing concern for the users of these grains. This is particularly true for bakeries which have been forced to charge soaring prices for bread.

• Wednesday, October 23rd 2013 - 16:24 UTC

  Argentine consumers expect Inflation in the next twelve months to average 31.3%

  

  Expected inflation in Argentina for the next twelve months is on average 31.3% according to the monthly survey from the Torcuato Di Tella University, UTDT. However the monthly expectation dropped 1.6 percentage points compared to September in all regions of Argentina.

• Wednesday, October 23rd 2013 - 16:22 UTC

  Monsanto and its glyphosate weed-killer embroiled in controversy in Argentina

  

  Monsanto Co. is calling for more controls on agrochemicals, including its Roundup line of glyphosate-based weed-killers, in response to an Associated Press report about concerns that illegal pesticide applications are harming human health in Argentina.

• Wednesday, October 23rd 2013 - 04:01 UTC

  Lady Cristina is out of combat but on Sunday's election could reap more than anticipated

  

  With less than four days for Sunday’s midterm elections in Argentina, Buenos Aires province Governor Daniel Scioli called on “undecided” and independent voters to cast their ballot for President Cristina Fernandez Victory Front (FpV) top candidate Martín Insaurralde “in favor of the province and the country.”

• Wednesday, October 23rd 2013 - 01:36 UTC

  US dollar in Argentina reached 10 Pesos ahead of Sunday's mid-term election

  

  The US dollar in Buenos Aires reached on Tuesday 10 Argentine Pesos (buying price) and 10.05 pesos (selling price) in the informal market, 15 cents higher compared to its last closing price, pushed by the tourist sector, and as the government crackdown on the so called city “exchange caves” eased up.

• Wednesday, October 23rd 2013 - 01:33 UTC

  Argentina signs with Belize a South/South cooperation agreement in several fields

  

  As part of Argentina's foreign policy to increase links and cooperation with the Caribbean, Foreign minister Hector Timerman and his peer from Belize, Wilfred Elrington signed a South to South cooperation agreement which covers several fields and opens trade opportunities.

• Tuesday, October 22nd 2013 - 22:59 UTC

  EU imposes punitive duties on biodiesel from Argentina alleging dumping

  

  European Union member states agreed to impose punitive duties on imports of biodiesel from Argentina and Indonesia, which are accused of selling it into the bloc at unfairly low prices, according to diplomats. Argentina has anticipated it will take the case to the World Trade Organization.

• Tuesday, October 22nd 2013 - 05:45 UTC

  Malvinas: Argentina invites Chagos group to expose contradictions in UK's decolonization policy

  

  Argentina's Foreign minister Hector Timerman will receive on Tuesday Olivier Bancoult, president of the Chagos Refugees Group, the entity which represents the 'Chagossians' forcibly ousted from their lands by the United Kingdom. The administration of President Cristina Fernandez pretends to expose contradictions in the UK's approach to the Chagos case and the Falklands sovereignty dispute.

• Tuesday, October 22nd 2013 - 05:20 UTC

  Aerolineas Argentinas announces deal for 20 Next-Generation 737-800 Boeings

  

  Argentina's flag carrier Aerolineas Argentinas amd Boeing have completed an agreement for 20 Next-Generation 737-800 airplanes, an operation valued at 1.8 billion dollars (list price) which is seen as an effort by the Argentine government to modernize its fleet and increase passenger satisfaction.

• Monday, October 21st 2013 - 21:30 UTC

  Argentine Central bank losing reserves at a rate of 47.5 million dollars per day

  

  Argentina's central bank is currently losing international reserves at an average of 47,5 million dollars per day or 8 million per hour, according to the latest figures on the bank's accounts which is increasingly used by the government of President Cristina Fernandez to honor foreign debt and finance the budget.