AP / M.WARREN
Soaring commodity prices have helped President Christina Kirchner...aka CFK...increase the minimum wage this month by 25%...welfare payments by 23%...and retiree pensions.
But inflation continues to devalue any increases.
The IMF now says it can no longer trust the government's inflation stats...and will supplement figures with data from private consultants and provincial governments.
The province of San Luis reports 26% inflation...equal to Venezuela's.
Popular Posts
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- ARGENTINA: Gen. Menendez...Gets Another Life Sentence...For Killing 5 During "Dirty War."
- MEXICO: Indigena Michoacan Residents Defy Narcos.
- MEXICO: Little Hope Remains For 9 Coal Miners After Explosion Kills 5; Billionaire Carlos Slim Slammed By Court.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- MEXICO: C.Bank Bought...90 Tons Of Gold...In Past 3 Months.
- SERBIA: Singer "Ceca" Charged With Embezzlement.
- HONDURAS: Zelaya Free To Return...After Arrest Warrants Dismissed.
- EASTERN EUROPE: 17 Mar. UPDATE: 2 New Nukes...Still In Poles Future...Despite Japanese Tragedy; Merkel Imposes Old Nukes Moratorium; Czechs, Slovaks And Others Support New Nukes.
- MONDAY MORNING MUSIC: From USA: Katy Perry's "Rainbow."