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.
Popular Posts
- CANADA / MEXICO / CHILE : Former BC Woman Cop Murdered In Playa Del Carmen; Barrick Gold Fined $16 Million For Pascua-Lama, May Suspend Mine.
- CHINA / VIDEO : Dissident Artist Ai Weiwei Releases Critical Funky Rock Video.
- RUSSIA / CZECH REP / SWEDEN / MEXICO / BRASIL: Gauging Navalny's Real Support; American Sought For 4 Murders In Brno; Rioting Near Stockholm Spreads On 4th Night; Vigilantes Continue Narco Fight In Tierra Caliente; October Auction Scheduled For Giant Libra Subsalt Field.
- EL SALVADOR : Supreme Court Ruling Threatens 60,000 Gang War Truce.
- COSTA RICA / PERU / COLOMBIA : 17 May UPDATE : 2 More Aides Resign After Prez. Chinchilla Comes Under Fire For Free Flights On Alleged Narco Jet; Key Minister Resigns Over Flight From Bogus Person.
- BRASIL : Dilma Wins Port Privatization Approval From Congress.
- ITALY : Ruby Heartstealer Testifies About Bunga Bunga Parties at Milano Trial.
- BRASIL / ITALY / GUATEMALA / USA / RUSSIA: 1 Dead, 7 Injured In Rio Fuel Tanks Fires/ Blasts; Ruby Heartstealer Admits Lying About Silvio's Sex Parties, Money; Ex-Prez Alfonso Portillo Extradited To USA For Money Laundering; Moscow Bans VKontakte By 'Mistake.'
- AUSTIN / TECHNOLOGY : TWITTER Is NewsBlog's New Home.
- GUATEMALA : Court Throws Out Rios Montt Genocide Conviction; Trial Restart Ordered.