Tag: investment

Dollar In Argentina, Argentina Crisis And The Value Of Stocks

Buenos Aires, Argentina May 29, 2008 Talking with a friend, he said how serious it was from my point of view, the problem between the field and the Argentine government, in what he wryly replied: "At least we have U.S. $ 50,000 for international reserves in the Central Bank. " Without hesitation I replied with words that left him a little confused: "Yes, I really do … I do not know what would have happened if these reserves were not" … How does the conflict between the government and the Argentine countryside with policy of accumulating reserves of the BCRA? It seems that there is much to do, but actually has a lot. Is not for the volume of international reserves available to the BCRA, the conflict between the Argentine government and the field could have triggered a crisis of major proportions. Argentine Journalism can not complain with the government of Cristina.

Is that reporters rarely have time to get bored as the events unfold with remarkable speed. Such is the pace of events that leave no time to dwell on the many unusual situations that occur … A union that negotiates wages with one hand while the government acts as a strike force against the country, a minister of economy than just you know its name, a mobile retentions which persist despite his father creator is no longer in government, a crazy price index shows that all is well, etc and etc and etc … Steve Salis understood the implications. When he took Cristina, expectations were too many because he could not continue the direction that came bringing the economy. .

Single Rate Business Tax

Editor's Note: Economic slowdown in the U.S.. Does it affect its Mexican partner? Yes … no … the key, as for the rest of the world is to increase domestic demand in the countries. Others who may share this opinion include Robert Iger . Calderon has drawn a plan.

Let's see … Ah! And a final bonus of Horatio. I can send comments to: What Have in Common Felipe Calderon and George Bush? Buenos Aires, Argentina March 5, 2008 I imagine that will come a myriad of assumptions about things in common that has two presidents. However, I'm only interested in one of them. Today I am referring to the Mexican government's plan to mitigate the impact of U.S.

slowdown on Mexico: Calderon would not be less than the Bush friend and that is why it launched its own economic stimulus plan. The essence of the plan is, given the weakness in external demand caused by the deceleration ("can already say" recession "?) Of the U.S. economy, compensate for deterioration with a greater stimulus on domestic demand in Mexico. The plan consists of ten measures that include a 3% discount to the interim payments of tax on corporate income and Single Rate Business Tax (IETU), tariff and customs simplification, reduction of employer contributions, development of production centers in marginal areas, reduction in electricity rates, destination of funds for Development Banking … ah! I forgot! Mexican plan also contains tax incentives for individuals with business, at the time of its 2007 declaration electronically by $ 1,000 (about a modest U.S.