News: 2014-02-20

Emerging markets
El desempleo bajó al 6,4%, según el Indec - Ambito.com
According to official estimates Argentine unemployment was 6.4% in Q4 2013, down from 6.9% a year ago. The article here goes into great detail about participation rates and unemployment in specific regions. Nonetheless, these figures cannot be believed because unemployment is one area beyond inflation where the government's figures are suspect. Moreover, unemployment is increasing according to private estimates.
Los subsidios crecieron 34% el año pasado
Subsidies in Argentina increased 34% last year to 134 billion pesos. The government is now reviewing whether to cut these transport nd energy subsidies as the country is in crisis and foreign reserves are dwindling.
El gasto en subsidios en transporte, combustible ...


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