BRASIL/ARGENTINA: Trade War Threatens Recovery.

BLOOMBERG/
Brasil has responded to recent Argentine import restrictions by blocking the entry of 500 trucks carrying apples, pears and French fries for McDonald’s restaurants. “These trade wars between neighbors are counterproductive for both sides, but Argentina has more to lose,” said analyst Boris Segura.
Argentina’s economy, South America’s second-largest after Brazil, may grow 2 percent in 2010 after shrinking 3.5 percent this year while the peso may weaken more should the dispute drag on.