Argentina's March trade surplus more than doubled (up 141%) from the same month last year to 667 million US dollars according to official data, helped by the government’s import curbs and stronger grains exports. Trade surplus in March 2010 was 276 million USD.
Italy’s Fiat Industrial, through its affiliate CNH, will set up a plant in Argentina to manufacture powerful combines and specialty tractors destined for the Latin American market. The plant will create some 600 direct and 1,500 indirect jobs, CNH said in a statement on Tuesday.
Campaigns in extreme defence of Nature and the environment can turn into a sort of “eco-fascism” unable to solve the home problems for millions or modify the consumerism paradigm of modern societies, warns a new academia discussion publication in Argentina.
The influential The Wall Street Journal published Monday a piece in which the columnist asks if Argentina can stand another four years of President Cristina Fernandez de Kirchner. Columnist Mary Anastasia O’Grady who for years has been critical of the Kirchner couple states that few experts trust Argentina can resist four more years of “demagoguery and its creeping authoritarianism”
Argentina’s seafood exports in the first quarter of 2011 totalled 78,493 tons valued at 218 million US dollars which represents a 14.9% in volume (92.220 tons) and 3.3% in value (211 million USD), according to the latest release from the National Service for Food Health and Quality, Senada.
This year’s squid (Illex argentinus) season took off January first with encouraging catches in Argentina but then went sour with steady declines in volume according to the industry. However official figures show that total registered catches were up over 50%.
G-20 Economy ministers will be meeting May 18/19 in Argentina to address commodity prices’ variations, according to Argentine sources. The meeting was agreed during the recent IMF/World Bank spring assemblies in Washington, following on Argentina’s deep concern about the “volatility” of commodity prices.
The European Union and Argentina agreed to increase Argentina's lucrative Hilton Quota of high-end beef exports by 1,500 metric tons annually, according to a release in Buenos Aires from the Foreign Ministry late Wednesday.
Argentina reached an agreement with the French conglomerate Peugeot-Citroen and the importers of Italy’s Alfa Romeo, to balance imports-exports value, following on Argentina’s latest regulations for the country’s auto industry.
Argentina's industrial production expanded strongly in March over a year ago, 8.8%, as the consumer boom continues to fuel demand for everything from cars to home appliances. However monthly output slowed to a standstill and was unchanged from February, according to the national statistics institute, Indec release on Wednesday.