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index-June-2008-1.html English News Blog for  Argentina English News Blog June Archive 

Not so smooth sailing for grain carriers

06/21/08 05:51

Bulk carriers are those ships which carry solid cargo as compared to tankers which normally carry oil and related crude products. Bulk carriers could carry anything like steel coils, cement, wood logs and eatables like grain. This is exactly what the ninety bulk carriers intend to do in Argentina but they are stranded there due to a conflict that the farmers over there are having with the authorities. Read on to find out more

Link: Mercopress

Another protest breaks out in Argentina

At least 20 farmers from rural Argentina were arrested in yet another protest of farmers near the Uruguayan border.

A standoff between the farmers and the government has been occurring for already three months now after Cristina Fernandez, the Argentine president, ordered to raise export taxes by more than ten percent. This standoff caused the farmers not to exports their goods, further fueling the hike of food prices around the globe.

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Ezeiza Airport will undergo Remodelling

Argentina's primary international airport, Ezeiza, will undergo a major renovation program costing 400 million US dollars. The said renovation will handle up to around 13 million passengers annually. It is also readying to accommodate its new Airbus 380s.

More details about the new design can be found here in MercoPress.

News: Ezeiza airport readies for 13 million pax and Airbus 380

Will Argentina fail to reach its export quota?

In what can be seen to be a surprising event, Argentina may fail to fulfill its export quota of beef to the European Union.

According to the contract, Argentina is supposed to supply around $28,000 tons of boneless beef to the countries of the EU, selling the meat at around $10,000 US dollars every ton.

Officials are still hoping to reach its quota as the EU might put sanctions on Argentina if the contract is not fulfilled.

Link: Mercopress

Farm Crisis in the Midst of High Food Prices

In an economic situation wherein the price of food is reaching historic highs, Argentina should have been rolling in riches now as it is a major food exporter--but, instead, its economy is even flailing, thanks to the continued strike made out by the farmers of the country. This is because of the new export taxes the government has imposed on the farmers.

Is this reasonable?

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May the Saviour come !

Inflation is a demon which is the equivalent of Satan as described in the Bible because it never seems to rest and let people enjoy their lives. This demon is again on the prowl and currently most economies of the world seem to be hit by it. Read here about the demonic stories of events unleashed in Argentina by this world wide phenomenon. May the Saviour come soon to the rescue.

Link: Argentine alert as inflation spectre stalks half the world - Telegraph

The Winter Blues

Come winter and many people have winter blues, but this is the industrial age and many industries have winter blues as well. Especially if you are a manufacturing unit in the Argentina region better be prepared to face a black out this winter. The reasons are genuine though - that home users need energy for keeping themselves warm so industry can wait in the meantime. Wish you luck !

News: Argentine industry faces blackouts and more to come