1/6
"So,
if something happens to me, don't look to the Mideast, look north" to
the United States, Kirchner said at Government House.
In This Pic : Cristina Kirchner
Pic Courtesy : Agencies
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2/6
The
president said local soybean producers unhappy with prices, other
exporters and car company executives, all were involved since they would
benefit from a devaluation of the peso, which is being pushed lower by
her government's selective default.
In This Pic : Cristina Kirchner
Pic Courtesy : Agencies
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3/6
"Exporters who have lost money have Argentina in a vise .. so do the car
company executives who tell consumers they have no inventory when they
do .... What they are all waiting for is a devaluation."
In This Pic : Cristina Kirchner
Pic Courtesy : Getty Images
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4/6
Argentina exited recession with 0.9-percent economic growth in the
second quarter, national statistics institute INDEC said Wednesday, a
rare bit of good news amid the country's new debt default.
In This Pic : Cristina Kirchner
Pic Courtesy : Getty Images
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5/6
But
with inflation estimated at more than 30 percent and the value of the
peso tumbling, Latin America's third-largest economy is still mired in a
slowdown after averaging 7.8-percent annual growth from 2003 to 2011.
In This Pic : Cristina Kirchner
Pic Courtesy : Getty Images
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