Wautoma, WI
Current Conditions
0:56 AM CDT
Clear
Temperature
72°F
Dew Point
37°F
Humidity
28%
Wind
ESE at 14 mph
Barometer
29.61 in. F
Visibility
10.00 mi.
Sunrise
06:07 a.m.
Sunset
07:45 p.m.
Afternoon Forecast (12:00pm-7:00pm)
Temperatures will range from 65 to 70 degrees with partly cloudy skies. Winds will range between 11 and 16 miles per hour from the southeast. No precipitation is expected.
7-Day Forecast
Sunday
70°F / 50°F
Light Rain
Monday
50°F / 35°F
Light Rain
Tuesday
45°F / 27°F
Mostly Cloudy
Wednesday
39°F / 27°F
Mostly Cloudy
Thursday
43°F / 27°F
Partly Cloudy
Friday
42°F / 28°F
Partly Cloudy
Saturday
44°F / 28°F
Sunny
Detailed Short Term Forecast
Issued at 0:56 AM CDT
Sunday...Temperatures will range from a high of 70 to a low of 50 degrees with mostly cloudy skies. Winds will range between 6 and 16 miles per hour from the east. 0.37 inches of rain are expected.
This Evening ...Temperatures will range from 62 to 53 degrees with mostly cloudy skies. Winds will range between 9 and 13 miles per hour from the east. No precipitation is expected.
Overnight ...Temperatures will range from 53 to 51 degrees with cloudy skies. Winds will remain steady around 7 miles per hour from the northwest. Expect rain amounts between a quarter and half of an inch.
Monday...Temperatures will range from a high of 50 to a low of 35 degrees with mostly cloudy skies. Winds will range between 13 and 26 miles per hour from the west. 0.22 inches of rain are expected.

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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