The global economic slowdown means resource-rich South America doesn't need to produce as much oil, soy or copper.
That's hurt Argentina particularly hard because it's been used to high prices for its exports. Now, the government is nationalizing nearly $30 billion in pensions.
Critics say it's because officials want to raid the system for much-needed cash.
copperArgentina To Nationalize PensionsNPR Programs: Morning Edition Fri, 10/31/2008 - 7:59am
Gold falls below to $800 an ounceBBC Finance Fri, 08/15/2008 - 9:49am
Commodity prices including gold, copper and aluminium, decline amid fears of slowing demand. Parks Dept. Scrambles To Repair Trail Of Lights Wiring After The...KEYE - CBS 42 Wed, 07/30/2008 - 10:13pm
Copper thieves have tried to pull the plug on Austin's annual Trail of Lights Festival when nearly three miles of copper, which encases the electrical wiring, were stolen right out... Indian copper firm in $2.6bn dealBBC Finance Sun, 06/01/2008 - 2:55pm
Indian copper firm Sterlite is set to buy the bulk of US firm Asarco's operating assets for $2.6bn. Roundup: Interop Las Vegas 2008ZDNET - Between the Lines Wed, 04/30/2008 - 11:43am
The big takeaway from the product fiesta that is Interop Las Vegas 2008 is that 10 GB Ethernet has finally arrived. Thieves target cell phone towers for copperKVUE - Austin Fri, 12/21/2007 - 9:00am
The Travis County Copper Theft Taskforce says it's seeing a disturbing new trend in our area when it comes to cell phone towers targeted for copper. Thieves target cell phone towers for copperKVUE - Austin Fri, 12/21/2007 - 7:00am
The Travis County Copper Theft Taskforce says it's seeing a disturbing new trend in our area when it comes to cell phone towers targeted for copper. Thieves target cell phone towers for copperKVUE - Austin Fri, 12/21/2007 - 6:00am
The Travis County Copper Theft Taskforce says it's seeing a disturbing new trend in our area when it comes to cell phone towers targeted for copper. Thieves target cell phone towers for copperKVUE - Austin Fri, 12/21/2007 - 4:40am
The Travis County Copper Theft Taskforce says it's seeing a disturbing new trend in our area when it comes to cell phone towers targeted for copper. Thieves target cell phone towers for copperKVUE - Austin Fri, 12/21/2007 - 3:40am
The Travis County Copper Theft Taskforce says it's seeing a disturbing new trend in our area when it comes to cell phone towers targeted for copper. |
