Argentine price puzzle: Officials say 6 pesos a day keeps you fed, but a ham …

As the International Monetary Fund moved closer Thursday to sanctioning Argentina for inaccurate inflation data, The Associated Press checked prices in Buenos Aires, and couldn’t find a can of soda for less than 8 pesos. Even a ham and cheese sandwich costs 13 pesos at a downtown kiosk. That’s if you skip the lettuce and tomato. Food purchased at supermarkets is more economical of course, but even there, 6 pesos bought just one can of green peas, or a pound of raw rice — not enough for a complete Read more [...]

No Argentine coaching return for Diego Maradona

Buenos Aires:  Former Argentina coach and World Cup-winning skipper Diego Maradona has revealed he will not return to coaching in his homeland owing to frustration at the way club owners deal with hiring and firing."Since that horrible business when they got rid of (Matias) Almeyda on the Wednesday and brought in Ramon Diaz on the Sunday I don't want to work in Argentine football," Read more [...]

Ex-SC Gov. Sanford to Announce Run for Congress

His spokesman Joel Sawyer confirmed to The Associated Press that the 52-year-old Sanford would announce his bid on Wednesday. The ex-Republican governor said last month that reports he was planning a political comeback were accurate and he was in Charleston last week looking for office space for his campaign. The National Review Online on Tuesday first reported the announcement. Sanford’s old 1st District seat is open. Its former occupant, U.S. Rep. Tim Scott, was appointed to the U.S. Senate Read more [...]

In Argentina, tango soothes mentally ill; Some health centers in Buenos Aires …

As the sound of tango filled the room, the students chose partners, held them close and gingerly launched into the intricate steps of Argentina's famous ballroom dance. So far, so ordinary for Buenos Aires. But this was no ordinary tango class: the dance floor was a room in a neuropsychiatric hospital and the students were mental health patients. Some health centers in Read more [...]

Argentina’s Cristina Fernandez says 2012 trade surplus $12.66 bn

Argentina's trade surplus widened to $12.66 billion in 2012 from $10.35 billion in 2011, President Cristina Fernandez said on Thursday."We finished the year with a trade surplus of $12.663 billion. In December alone the surplus was $502 million," the two-term Peronist leader said in televised remarks.The South American grains exporting country reported a $280 million trade surplus in December 2011.Growth in Latin America's No. 3 economy has slowed sharply due to sluggish global demand, high inflation, Read more [...]