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Long queues and purchase limits
De Vido accusses Shell, Petrobras of fuel shortage

Planning Minister Julio de Vido (photo) accused oil companies Shell and Petrobras of "stocking crude oil refinement in order to create a shortage in the domestic market and force YPF to increase its prices." Español

After the presentation made by Central Bank governor Mercedes Marcó del Pont, Radical Party Senator Gerardo Morales (photo) confirmed his caucus will reject the economist's appointment as head of the entity. Español
Strong debate at Upper House of Congress
Marcó del Pont briefed Senate on Decree No. 298

Central Bank interim Governor (photo) briefed the Upper House Agreements Commission on her performance regarding the implementation of Decree No. 298. "I have clear conscious the Central Bank decisions have been made within the framework of the law," the official said. Español

Senator Luis Naidenoff (photo) confirmed the Bicameral Committee will meet to debate the DNU emergency decree No. 298, which ordered the creation of the Bicentennial Fund for Stability and Reduced Indebtedness. Español

Aníbal Fernández (photo) confirmed the government seeks to enact the bill aiming to allow the use of Central Bank reserves to service public debt. Senator Carlos Verna submitted Tuesday a bill proposing the creation of the Bicentennial Fund for Stability and Reduced Indebtedness. Español
Local exchange market
US dollar ends at ARG$ 3.88

The American currency remained unchanged compared to yesterday's close. Purchase value was settled at ARG$ 3.84. Español
Country-risk drops to 721 basis points.
Bonds, coupons climb 2.6%; Merval gains 0.4%

The panel of leading stocks reaches 2.327,46 points. The dollar-linked GDP coupon meanwhile zooms 1.4%. Español

Brazil's benchmark stock index hits 69.875,13 points. The US dollar meanwhile stands at R$1,771 in the Brazilian exchange market. Español

During a meeting with UIA members, Industry Minister Débora Giorgi (photo) estimated the Argentine economy will grow 5-7 % in the current year. Español
Olivos presidencial residence
Cristina praises Bicentennial Agreement

President de Kirchner proposed "to create a Bicentennial Agreement for political, business and social actors to back the development of the domestic market." Español



THE ECONOMIST OF THE MONTH
“Argentine competitiveness will vanish in two years”
World Trade Organization
World Trade Report 2007
IMF
World Economic Outlook: Housing and the Business Cycle
Economic Outlook for Western Hemisphere
IMF Executive Board Concludes 2006 Article IV Consultation with Argentina
IMF Report about Argentina's economy
IMF role in Argentina's case over 1991-2001
IMF discusses lessons from Argentina's crisis
BIS 77th Annual Report
Piecing the puzzle together
The global economy
Emerging market economies
Monetary policy in the advanced industrial countries
Foreign exchange markets
Financial markets
The financial sector in the advanced industrial countries
Prevention rather than cure?
ECLAC
Foreign Investment in Latin America and the Caribbean
5% Growth in 2006 for Latin America and the Caribbean
Table. Latin America and the Caribbean: Gross Domestic Product
World Economic Forum
Benchmarking National Attractiveness for Private Investment in Latin American Infrastructure
World Bank
Latin America and the Caribbean regional prospects
JP Morgan Research
Argentina Investor Trip Notes
ECONOMY
Argentina to pay off debt to IMF Press release
US judge's opinion favouring Argentina's holdouts
Growth Competitiveness Index World Economic Forum
Prospectus Supplement Details of debt swap
Argentina-China talks Memorandum of Understanding
Sustainability of Argentina's debt IMF analysis
Effects of Argentina's bank consolidation in 1995-2000 IMF report

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