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Senate knocks down Argentine leader on grain tax - Yahoo! News - The Diigo Meta page

news.yahoo.com/...argentina_farm_crisis

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  • 22 Jul 08
    englishstudio
    Alicia Rey

    An Argentine Senate vote rejecting divisive export taxes Thursday may boost grain supply and put more food on the world's tables — if President Cristina Fernandez accepts the surprise veto by lawmakers from her own party.
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    Fernandez increased taxes by decree in March and in June submitted the package to Congress, where her coalition holds a majority, in a largely symbolic gesture. But Argentina's political system was stunned Thursday as Fernandez's own vice president cast a decisive tie-breaking vote against what she has called an attempt to spread Argentina's farm wealth among its 10 million poor.

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