28 February 2012

ARGENTINA : Cristina Takes Over Trains; Tierra del Fuego Jobs Grow But E-Goods Are Costly.

http://www.bbc.co.uk/news/world-latin-america-17198013

     After last week's deadly Buenos Aires metro train crash...that killed 51 and injured 704...the government will temporarily take-over two train lines of the system...for 15 days...or until a crash probe is finished.
     Public anger had been growing over private company TBA's neglect of the metro train system...even before the disastrous accident.


   AND:  Jobs and the electronics industry grow in Tierra del Fuego...thanks to Cristina's  
'el impuestazo'/big tax...VAT doubling...and tax incentives. But e-products cost double in BA...Apple still won't bite producing there...and Chile benefits from sales.
     A FREE Link was available yesterday...but may be blocked today. 
    The WSJ paywall is...just WEIRD!
http://online.wsj.com/article/SB10001424052970204778604577239361549940608.html