MPRESS/
In an unexpected turn, Economy minister Amado Boudou announced that the government is requesting help from the IMF to devise a NEW consumer price index to monitor the domestic cost of living at a national level.
Businessmen, political opponents and foreign investors with bonds tied to consumer prices have long complained about manipulation of price indices.
The official government Indec says recent inflation is about 11% but most analysts estimate the figure at 25% and increasing.
Popular Posts
- RUSSIA : Putin Now Playing Corruption Slayer Card.
- EU / FRANCE / UK : Paris Continues Nastiness Over Cameron Euro Balk...Demanding That London Be Downgraded First!
- MEXICO : To Fend Off Brutal Zetas Narcos...Torreon Ponders Deal With Sinaloa Gang; Zetas Still Control Coal Rich Coahuila State.
- ITALY / EUROZONE : New Greek Crisis Delays Berlusconi's Love Songs CD Release.
- USA / HOUSING/ MEDIA : Is Bloomberg/Businessweek Cover...Racist?
- VENEZUELA : 09 Feb UPDATE: Caracas Finally Devalues Bolivar...By 32%.
- VENEZUELA : Bitter Election Aftermath For Opposition; Zulia Man Kills 6 After Losing Bet On Capriles.
- VENEZUELA / ARGENTINA : Hugo Paints Nestor...For Cristina; Chavez Hosts CELAC Summit...Without USA, Canada.
- RUSSIA: Anti-Corruption Blogger Alexei Navalny Emerges As Putin Party Challenger; Another Protest In 'Putin Snow Revolt.'
- GEORGIA : 2 MPs Slug It Out...On Live TV.