Argy Meeting Latest

Early reports from Argentina suggest that Tuesday's meeting has ended without any significant progress being made on a reduction of the export tax on soybeans.

It's no huge surprise, the government have made their position clear on this one, we all know that they can't afford to give up the soy tax, they need it to at least attempt to balance the books.

Last week's concessions are already looking like the sop they were, a fudge around the main issue.

Even last week's agreed tinkerings haven't actually been implemented yet, that gave the farmers something else to complain about.

Neither side seems prepared to budge. "Perhaps they are nostalgic over times when the government was easy to handle, times when things always ended in measures that went against the people," said Fernandez on television after the meeting.

So, where do we go from here, is it down to a strike I fear? - as Haircut 100 would say.