Showing posts with label Argentina. Show all posts
Showing posts with label Argentina. Show all posts

Saturday, February 13, 2010

Meat Trade News Daily | Argentina - Beef prices rise 140% since December

February 14, 2010

Argentina's government has courted more controversy after a meeting between President Cristina Fernandez de Kirchner and farmers' representatives deteriorated into an angry war of words over who is to blame for higher beef prices.

The government is already embroiled in an unprecedented row after its attempted use of Central Bank reserves to pay off Argentina's debt, which led to the removal of Central Bank Gov. Martin Redrado and a public reproach from the High Court.

At the farmers' meeting, Fernandez conceded that meat prices in Argentina had risen beyond reasonable levels but blamed the hikes on profiteering by the livestock producers.

The president's comments provoked an immediate volley of angry retorts from the farmers' representatives, who said her comments were offensive and did not take account of the government's own policies as the cause of the hikes.

Recent increases in food prices, coupled with shortages of electricity and other outages, have heightened discontent in Argentina. The rising prices of beef, Argentina's staple diet, have caused widespread outrage that the government so far has been unable to deal with, choosing instead to blame one or other sector of the economy.

Lack of progress on poverty-reduction programs for Argentina's outlying areas has also eroded the government's popularity.

Added to that has been public anger over charges the president's spouse and former president, Nestor Kirchner, dabbled in insider trading while buying $2 million in U.S. currency soon after the 2008 financial crisis. Kirchner has denied any wrongdoing, but opposition critics of Fernandez have fanned anti-government sentiment and latent resentment of the presidential couple's financial dealings has given rise to published comments and criticism in the country's print and broadcast media. READ MORE

http://www.meattradenewsdaily.co.uk/news/120210/argentina___beef_prices_rise__since_december.aspx

Saturday, November 14, 2009

USGS | 6.1 magnitude earthquake - 190 km (120 mi) NW of San Salvador de Jujuy, Argentina - Saturday, November 14, 2009 at 04:44:22 PM at epicenter

Location22.890°S, 66.532°W
Depth141.7 km (88.1 miles)
RegionJUJUY, ARGENTINA
Distances190 km (120 miles) NW of San Salvador de Jujuy, Argentina
240 km (150 miles) NNW of Salta, Argentina
240 km (150 miles) SW of Tarija, Bolivia
1500 km (930 miles) NNW of BUENOS AIRES, Argentina

Friday, October 30, 2009

Bloomberg.com | Argentina May Face Beef Shortage in November, Farm Group Says

Oct. 30 (Bloomberg) -- Argentina, the biggest per capita beef consumer, may face a shortage of the national staple as early as next month if the government continues to withhold subsidies to feedlots, a farm group official said.

Feedlots “are short of cash,” Eduardo Ambrosetti, chief economist of the Argentine Rural Society, said yesterday in a telephone interview from Buenos Aires. “Feedlot operators are replacing less than 40 percent of the cattle.”

Argentina’s more than 500 feedlots rely on the 200 pesos ($52) per head that the government has failed to pay since Sept. 1 as a steady source of income. The reduced income for cattle growers follows government policies that have made it unprofitable to export beef for many producers.

Hugo Biolcati, president of the rural society, said Aug. 27 that a cattle shortage would lead Argentineans to cut down domestic consumption by almost a third in the next two years.

Argentineans eat on average about 70 kilograms of beef each every year. The South American country’s herd has declined over the past year as the worst drought in a century harmed pastures.

To contact the reporter on this story: Rodrigo Orihuela in Buenos Aires at rorihuela@bloomberg.net.

Last Updated: October 30, 2009 08:54 EDT

Wednesday, September 23, 2009

Argentina: Surviving without money - YouTube

How the poor of Argentina are trading goods and services in a global exchange network. Taken from the OU course 'International development: challenges for a world in transition'

Wednesday, September 9, 2009

Argentina's Economic Collapse (12 YouTube Videos)

Documentary on the events that led to the economic collapse of Argentina in 2001 which wiped out the middle class and raised the level of poverty to 57.5%. Central to the collapse was the implementation of neo-liberal policies which enabled the swindle of billions of dollars by foreign banks and corporations. Many of Argentina's assets and resources were shamefully plundered. Its financial system was even used for money laundering by Citibank, Credit Suisse, and JP Morgan. The net result was massive wealth transfers and the impoverishment of society which culminated in many deaths due to oppression and malnutrition. Official name: Memoria del Saqueo by Fernando Solanas 2003.

Thursday, August 27, 2009

MercoPress.com | Argentina follows Mexico and decriminalizes personal use of marihuana

Argentina’s Supreme Court ruled Tuesday it is unconstitutional to punish an adult for private use of marihuana as long as it doesn’t harm anyone else. The unanimous ruling makes Argentina the second Latinamerican country in the past four days to allow personal use of a formerly illegal drug.

Wednesday, July 29, 2009

Argentina's Economic Collapse - YouTube

Documentary on the events that led to the economic collapse of Argentina in 2001 which wiped out the middle class and raised the level of poverty to 57.5%. Central to the collapse was the implementation of neo-liberal policies which enabled the swindle of billions of dollars by foreign banks and corporations. Many of Argentina's assets and resources were shamefully plundered. Its financial system was even used for money laundering by Citibank, Credit Suisse, and JP Morgan. The net result was massive wealth transfers and the impoverishment of society which culminated in many deaths due to oppression and malnutrition. Official name: Memoria del Saqueo by Fernando Solanas 2003.