Wautoma, WI
Current Conditions
0:56 AM CDT
Clear
Temperature
53°F
Dew Point
33°F
Humidity
46%
Wind
SE at 9 mph
Barometer
29.99 in. F
Visibility
10.00 mi.
Sunrise
06:39 a.m.
Sunset
07:23 p.m.
Morning Forecast (7:00am-12:00pm)
Temperatures will range from 29 to 56 degrees with partly cloudy skies. Winds will range between 6 and 16 miles per hour from the east. No precipitation is expected.
7-Day Forecast
Wednesday
67°F / 29°F
Partly Cloudy
Thursday
64°F / 32°F
Partly Cloudy
Friday
44°F / 27°F
Partly Cloudy
Saturday
51°F / 27°F
Partly Cloudy
Sunday
45°F / 27°F
Cloudy
Monday
55°F / 35°F
Light Rain
Tuesday
60°F / 27°F
Partly Cloudy
Detailed Short Term Forecast
Issued at 0:56 AM CDT
Wednesday...Temperatures will range from a high of 67 to a low of 29 degrees with partly cloudy skies. Winds will range between 6 and 22 miles per hour from the southsoutheast. Less than 1 tenth inch of rain is possible.
This Afternoon ...Temperatures will range from 60 to 67 degrees with mostly clear skies. Winds will range between 16 and 22 miles per hour from the south. No precipitation is expected.
This Evening ...Temperatures will range from 64 to 57 degrees with mostly clear skies. Winds will range between 9 and 21 miles per hour from the south. No precipitation is expected.
Overnight ...Temperatures will range from 57 to 50 degrees with partly cloudy skies. Winds will range between 6 and 22 miles per hour from the south. No precipitation is expected.
Thursday...Temperatures will range from a high of 64 to a low of 32 degrees with partly cloudy skies. Winds will range between 5 and 15 miles per hour from the northnorthwest. Less than 1 tenth inch of rain is possible.

Argentina freezes prices to break inflation spiral

Feb. 7, 2013 | 0 comments

Argentina announced a two-month price freeze on supermarket products Monday in an effort to break spiraling inflation.

The price freeze applies to every product in all of the nation's largest supermarkets - a group including Walmart, Carrefour, Coto, Jumbo, Disco and other large chains.

The companies' trade group, representing 70 percent of the Argentine market, reached the accord with Commerce Secretary Guillermo Moreno, the government's news agency Telam reported.

The commerce ministry wants consumers to keep receipts and complain to a hotline about any price hikes they see before April 1.

Polls show Argentines worry most about inflation, which private economists estimate could reach 30 percent this year.

The government says it's trying to hold the next union wage hikes to 20 percent, a figure that suggests how little anyone believes the official index that pegs annual inflation at just 10 percent.

The government announced the price freeze on the first business day after the International Monetary Fund formally censured Argentina for putting out inaccurate economic data.

The IMF has given Argentina until September to bring its statistics up to international standards, or face expulsion from the world body in November.

President Cristina Fernandez and her economy minister, Hernan Lorenzino, responded over the weekend with a flurry of attacks on the IMF, saying the agency's data-gathering efforts had lost credibility in the lead-up to Argentina's historic 2001 debt default.

They said IMF advice is leading Europeans astray by favoring big banks over measures that can grow economies out of crisis.

However, Lorenzino also said that the government will begin using a new inflation index starting in fourth-quarter 2013 - just in time for the IMF's decision.

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