News for today's 2018

<br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhgYrfk9LtfzoPQTFXelc8zoos0i9fqGgQrEOGTeNqepROkdrWsnZk88z5U6-yiRBfcVTt4FFVRUTfKMIwdUIalf77ukjjGD_yrHZyOdrtX1eo5SRjxbWXhaGeh4bLV0yjPiQpc2pKA_z9i/s1600/0428117.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="219" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhgYrfk9LtfzoPQTFXelc8zoos0i9fqGgQrEOGTeNqepROkdrWsnZk88z5U6-yiRBfcVTt4FFVRUTfKMIwdUIalf77ukjjGD_yrHZyOdrtX1eo5SRjxbWXhaGeh4bLV0yjPiQpc2pKA_z9i/s320/0428117.jpg" width="320" /></a></div><div class="MsoNormal" style="color: blue; line-height: normal;"><br /></div><div class="MsoNormal" style="color: blue; line-height: normal;"><br /></div><div class="MsoNormal" style="color: blue; line-height: normal;"><b><span style="font-family: "Times New Roman","serif"; font-size: 16pt;">ALTERNATIVE MEDIA on Argentine topics</span></b></div><div class="MsoNormal" style="color: red; line-height: normal;"><b><span style="font-family: "Times New Roman","serif"; font-size: 16pt;"><br /></span></b></div><div class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; mso-outline-level: 1;"><b><span style="font-family: "Times New Roman","serif"; font-size: 24pt;">Argentina – Stretching Bonds with China</span></b></div><span style="font-size: large;">Argentina’s relationship with China is currently deepening due to larger interest by the Asiatic giant in soy and agro-food.</span><br /><span style="font-size: large;">Both countries have just signed reciprocal agreements in order to increase economic exchange last week. A delegation of Chinese businessmen and officials were welcomed by the Secretary of Foreign Affairs and the President so as to reinforce the commitment and find different others industries to develop in conjunction.</span><br /><span style="font-size: large;">According to data released by the Pekin’s custom, Argentina exported 461,000 tons of soybeans to China in January 2012 – five times the amount in January 2011 –.</span><br /><span style="font-size: large;">Both countries also signed a sanitary protocol which will allow the Argentina to export of maize products to the Asian nation.</span><br /><br /><br /><div style="color: red;"><b style="mso-bidi-font-weight: normal;"><span style="font-size: 16pt;"><span style="color: blue;">CORPORATE MAINSTREAM MEDIA on Argentine topics</span></span></b></div><div style="color: red;"></div><div class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; mso-outline-level: 1;"><b><span style="font-family: "Times New Roman","serif"; font-size: 24pt;">Argentina spending more than it produces; “default situation” can’t be discarded</span></b></div><div class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; mso-outline-level: 1;"><span style="font-family: "Times New Roman","serif"; font-size: 12pt;">By Diana Mondino  </span></div><div class="MsoNormal" style="line-height: normal;"><br /></div><div class="MsoNormal" style="line-height: normal;"><span style="font-size: large;"><span style="font-family: "Times New Roman","serif";">Argentina currently consumes more than it produces and only with strong growth can it avoid another default situation since liabilities continue to increase, warns economist Diana Mondino.</span></span></div><span style="font-size: large;"> “Argentina has already consumed its assets in energy, agriculture, pension funds, central bank and expenditure continues to expand” points out Mondino adding that government spending has ballooned in the last decade but particularly in the last two years, “well above the production and growth capacity of the economy”.</span><br /><span style="font-size: large;">Social Security, Anses, already consumes almost a third of GDP, leaving aside law and order, education, health, which means the fiscal load must be particularly burdensome to meet those expenditures, 40% tax pressure, one of the highest in the world, except for Scandinavian countries.</span><br /><span style="font-size: large;">“And in spite of the taxing pressure the government had to appeal to some of the ‘jewels of the crown’, such as energy, agriculture, pension funds, Central bank reserves, and yes what we managed was a consumers’ boom”.</span><br /><h1>  <span style="font-size: large;">Diana Mondino at S&P Argentina!!!</span></h1><div class="MsoNormal" style="line-height: normal;"><span style="font-size: large;"><span style="font-family: "Times New Roman","serif";">In the first 18 months after Diana Mondino and Viviana Zocco had sold their credit rating firm to <b>Standard & Poor's (S&P)</b>, business had soared. The young entrepreneurs had not only received a decent sum for their company, they had also received considerable support to grow their business and their own talents. All of the analysts, including the two managing directors, were participating regularly in S&P's <b>highly regarded educational programs</b>.</span></span></div><div class="MsoNormal" style="line-height: normal;"><br /></div><div class="MsoNormal" style="line-height: normal; text-align: justify;"><span style="font-size: large;"><b><i><span style="font-family: "Times New Roman","serif";"> </span></i><span style="font-family: "Times New Roman","serif";">Comment:</span></b></span></div><div class="MsoNormal" style="line-height: normal; text-align: justify;"><br /></div><div class="MsoNormal" style="color: blue; line-height: normal; text-align: justify;"><span style="font-size: large;"><b><i><span style="font-family: "Times New Roman","serif";">T</span></i><i><span style="font-family: "Times New Roman","serif";">o be associated with Standard & Poor's means the author of above article promotes international financial and economic institution doctrines which in many cases have proven devastating for countries applying such measures. These international vulcher financial institutions are trying everything to force Argentina into adhering to their doctrines. </span></i></b></span></div><div class="MsoNormal" style="color: blue; line-height: normal; text-align: justify;"><b><span style="font-size: large;"><i><span style="font-family: "Times New Roman","serif";">Since Argentina has been defying these doctrines successfully, powerful international financial institutions use every possible means to combat Argentines’ resistance and thus use mainstream media and finance lackeys, reporting and distorting humbly what Corporate Media and the power elite tell them to do. </span></i></span></b></div><div class="MsoNormal" style="color: blue; line-height: normal; text-align: justify;"><b><span style="font-size: large;"><i><span style="font-family: "Times New Roman","serif";">“Predicting” the possibility of Argentina defaulting once more is pure tactics and manipulative journalism, initiated by above mentioned institutions in order to create panic and cause economy turmoil.</span></i></span></b></div><div class="MsoNormal" style="color: blue; line-height: normal; text-align: justify;"><b><span style="font-size: large;"><i><span style="font-family: "Times New Roman","serif";">Just for the records, the so famed soya commodity prices are soaring once again and will continue to do so, not to mention the rest of Argentina's agriculture commodities......</span></i></span></b><br /><br /><div class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; mso-outline-level: 1;"><b><span style="font-size: large;"><i><span style="font-family: "Times New Roman","serif";"> </span></i></span></b><b><span style="font-family: "Times New Roman","serif"; font-size: 24.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 18.0pt;">Argentina expects higher crop output for 2012</span></b></div><div class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><i style="mso-bidi-font-style: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";">Via Agriculture News</span></i></div><div class="MsoNormal" style="line-height: normal;"><br /></div><div class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";">Argentina is on track to produce about 21.3 million metric tons of corn and 46.2 million of soybean during the 2011-12 seasons, based on surveys conducted by <span style="font-size: x-small;">AGROCOM</span>.</span></div><div class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";">Argentina is the world's third-largest soybean exporter and ranks No.2 in corn exports.</span></div><div class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";">Exports of grains, soybeans and related products are a significant source of government tax revenue and a major contributor to Argentina's <b>trade surplus, which totaled $10.35 billion last year</b>.</span></div><div class="MsoNormal" style="line-height: normal;"><br /></div><div class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";">The Buenos Aires Cereals Exchange said that rains in recent weeks have helped the soy crop to recover from drought conditions in December and January that damaged corn fields.</span></div><div class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";">Estimates for Argentina's 2011-12 crop production in million of metric tons. Sunseed area is measured in million hectares (HA). One hectare equals 2.47 acres.</span></div><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;"><span style="font-family: "Courier New"; font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";"><span style="mso-spacerun: yes;">                     </span>Wheat<span style="mso-spacerun: yes;">      </span>Soy<span style="mso-spacerun: yes;">         </span>Corn<span style="mso-spacerun: yes;">         </span>Sunseed </span></div><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;"><br /></div><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;"><span style="font-family: "Courier New"; font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">B.A. Cereals Exch<span style="mso-spacerun: yes;">    </span>14.0<span style="mso-spacerun: yes;">       </span>46.2<span style="mso-spacerun: yes;">        </span>21.3<span style="mso-spacerun: yes;">         </span>3.5 </span></div><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;"><span style="font-family: "Courier New"; font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Ag Ministry<span style="mso-spacerun: yes;">          </span>13.4<span style="mso-spacerun: yes;">       </span>43.5-45.0<span style="mso-spacerun: yes;">   </span>20.5-22.0<span style="mso-spacerun: yes;">    </span>3.7 </span></div><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;"><span style="font-family: "Courier New"; font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">USDA<span style="mso-spacerun: yes;">                 </span>14.5<span style="mso-spacerun: yes;">       </span>48.0<span style="mso-spacerun: yes;">        </span>22.0<span style="mso-spacerun: yes;">         </span>3.2 </span></div><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;"><span style="font-family: "Courier New"; font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Rosario Grain Exch<span style="mso-spacerun: yes;">   </span>13.7<span style="mso-spacerun: yes;">       </span>44.5<span style="mso-spacerun: yes;">        </span>19.8<span style="mso-spacerun: yes;">         </span>--</span></div><div class="MsoNormal" style="line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";">Argentina's historical production in millions of metric tons, according to the USDA:</span></div><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;"><span style="font-family: "Courier New"; font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">Wheat<span style="mso-spacerun: yes;">      </span>Soy<span style="mso-spacerun: yes;">       </span>Corn<span style="mso-spacerun: yes;">         </span>Sunseed </span></div><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;"><span style="font-family: "Courier New"; font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">2010-11<span style="mso-spacerun: yes;">   </span>15.0<span style="mso-spacerun: yes;">       </span>49<span style="mso-spacerun: yes;">          </span>22.5<span style="mso-spacerun: yes;">         </span>3.6 </span></div><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;"><span style="font-family: "Courier New"; font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">2009-10<span style="mso-spacerun: yes;">    </span>9.6<span style="mso-spacerun: yes;">       </span>54.5<span style="mso-spacerun: yes;">        </span>22.5<span style="mso-spacerun: yes;">         </span>2.3 </span></div><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;"><span style="font-family: "Courier New"; font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">2008-09<span style="mso-spacerun: yes;">   </span>10.1<span style="mso-spacerun: yes;">       </span>32.0<span style="mso-spacerun: yes;">        </span>15.0<span style="mso-spacerun: yes;">         </span>2.9 </span></div><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;"><span style="font-family: "Courier New"; font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">2007-08<span style="mso-spacerun: yes;">   </span>18.6<span style="mso-spacerun: yes;">       </span>46.2<span style="mso-spacerun: yes;">        </span>22.0<span style="mso-spacerun: yes;">         </span>4.65 </span></div><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; tab-stops: 45.8pt 91.6pt 137.4pt 183.2pt 229.0pt 274.8pt 320.6pt 366.4pt 412.2pt 458.0pt 503.8pt 549.6pt 595.4pt 641.2pt 687.0pt 732.8pt;"><span style="font-family: "Courier New"; font-size: 10.0pt; mso-fareast-font-family: "Times New Roman";">2006-07<span style="mso-spacerun: yes;">   </span>16.3<span style="mso-spacerun: yes;">       </span>48.8<span style="mso-spacerun: yes;">        </span>22.5<span style="mso-spacerun: yes;">         </span>--</span></div></div><div class="MsoNormal" style="color: blue; line-height: normal; text-align: justify;"><br /></div>

FOOD FOR THOUGHT

ALTERNATIVE MEDIA on Argentine topicsArgentina – Stretching Bonds with ChinaArgentina’s relationship with China is currently deepening due to larger interest by the Asiatic giant in soy and agro-food.Both countries have just signed reciprocal agreeme…

FOOD FOR THOUGHT

Ads

Archive