‘The state’s interference in private activity complicates the natural relationship between employers and employees’
Economics
CAF offers $600 million in counter-guarantees for Brazilian exports to Argentina
The agreement is meant to secure trade flows for automotives and food products
The Fund warns that the government’s aid package will cost 0.4% of GDP and calls for “tighter fiscal policies”
Massa’s announcements Sunday were aimed at absorbing the economic impacts of the post-election devaluation
The measures aim to compensate for lost purchasing power following the post-election devaluation
It will designate AR$700 million to cover the damage from robberies and other incidents that occurred between August 19 and 24
The Fund demanded an 11% spending cut from August to December
Analysis: Argentina’s BRICS membership shows growing leadership of China, Brazil
Argentina’s inclusion bolsters Latin America’s role in the midst of a shifting world order one analyst calls an ‘irreversible historical process’
The monetary authority has made it mandatory for bureaus de change to use an electronic system for their transactions