Politics
PoliticsKirchner couple actions plan to control Clarin and La Nacion newsprint mill
Argentina’s two main newspapers, Clarin and La Nacion claim the government of President Cristina Kirchner has a plan to eliminate their stakes at the country’s largest newsprint mill.
Uruguay completes twelve OEDC tax information exchange agreements
Uruguay reached this month a tax information exchange agreement with India thus totalling the twelve demanded by the Organization for Economic and Development Cooperation to have the country de-listed from the group that still have to abide and implement internationally agreed tax standards.
Brazilian comedians protest ban on ridiculing political candidates
A group of Brazilian stand-up comedians and television comedy actors held a protest against the ruling that bars any ribbing of political candidates over the airwaves in the run-up to the October 3 elections.
Shell defies in court Argentine government ban on fuel increases
Royal Dutch Shell which refines about 15% of Argentina’s fuel is waging a court battle against a government ban that prevents fuel producers from increasing prices. Shell’s federal court complaint was filed last week following a government order on August 18 mandating oil companies to lower fuel prices to a pre-August 1 level.
The Economist on Argentina's economy: happy-go-lucky Cristina
Earlier this year, Cristina Fernández de Kirchner, Argentina’s president, proffered some advice to European governments facing recession and market panic. Its essence was “stuff the IMF and carry on spending.” It is what she and her predecessor and husband, Néstor Kirchner, have practiced since 2003. Argentina is one of only a handful of countries that refuse all dealings with the IMF. Almost a decade after it defaulted on $90 billion of debt when its economy collapsed, it still has few financial ties with the world and very little bank credit. Yet contrary to repeated forecasts of doom from orthodox economists, the economy is roaring.
Featured Analysis
Expanding Alliances in the 21st Century: The U.S. and Brazil Unite to Address Matters of National Security
The recent signing of a new defense agreement between the Western hemisphere’s two dominant powers, Brazil and the United States, has brought about an important change to Latin America’s relations with the U.S. On April 12, 2010, Brazil took another step to enhance its geopolitical influence by signing the U.S.-Brazil Defense Cooperation Agreement (DCA).
Lula da Silva recommends Dilma to think and act as the “mother of the poor”
President Lula da Silva compared candidate Dilma Rousseff to a mother and recommended, if elected, to always think about the poor. Lula da Silva and Ms Rousseff participated in a political rally Friday night in the metropolitan Sao Paulo.
Chile questioned over slow implementation of Indigenous Peoples convention
International Labour Organization (ILO) Standards Director Cleopatra Doumbia-Henry is meeting in the Chilean city of Temuco this week with Araucanía Region (IX) officials to discuss the lack of progress in implementing the ILO’s Indigenous and Tribal Peoples Convention.
US Jobless benefits jump to highest since November; markets tumble
Claims for United States jobless benefits jumped to the highest level since November and Philadelphia-area manufacturing shrank for the first time in a year, indicating the US economy may be slowing faster than forecast.
Twelve months inflation expectations in Argentina steady at 25%
Argentines expect prices to rise 25% over the next twelve months, according to the median estimate in a monthly survey by Buenos Aires-based Torcuato Di Tella University. Expectations in August remained unchanged from last month’s report, the university said in an e-mailed report.
