(Bloomberg) -- Argentina's energy rationing may
chill South America's second-largest economy -- along with
President Nestor Kirchner's political popularity.
As the southern hemisphere's winter sets in, cutbacks in
electricity and natural gas are leaving potatoes to rot at
McCain Foods Ltd.'s French fry plant in Buenos Aires province
and workers idled at Fiat SpA's car factory in Cordoba. Energy
supplies in Argentina have failed to keep up with surging
demand, exacerbating shortages to the point where there's no
quick solution, analysts say.
Read more at Bloomberg Emerging Markets News
chill South America's second-largest economy -- along with
President Nestor Kirchner's political popularity.
As the southern hemisphere's winter sets in, cutbacks in
electricity and natural gas are leaving potatoes to rot at
McCain Foods Ltd.'s French fry plant in Buenos Aires province
and workers idled at Fiat SpA's car factory in Cordoba. Energy
supplies in Argentina have failed to keep up with surging
demand, exacerbating shortages to the point where there's no
quick solution, analysts say.
Read more at Bloomberg Emerging Markets News
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