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
- ITALY / BELGIUM / EUROZONE : Ouch! Roma Forced To Pay 7.814% On 2 Yr; S/P Downgrades Belgium.
- RUSSIA : 14 March UPDATE: Court Refuses To Release 2 Punk Rockers; Orthodox Church Calls Singers...'Sinners.'
- ITALY / VATICAN : Benetton's Pope Kissing Ad Shocks Vatican; Legal Action Threatened.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- EUROZONE / GERMANY / GREECE : Athens' Go Slow Mode...Exasperates Merkel.
- PERU: Mine Opponents Feel Betrayed After Humala Declares State Of Emergency In 4 Provinces Over Conga Mine Protests.
- MUSIC FOR MONDAY: Os Ritmistas Serenade Brasil Of The 60's.
- BRASIL: Piranhas Attacking Tourists In Mato Grosso River Beach.
- RUSSIA : Small Airlines...And Small Airports There...Are Growing More Dangerous.
- CUBA / BRASIL : Castro Allows Odebrecht...To Upgrade/Run Cienfuegos Sugar Mill For 13 Years.