Argentina breakthrough: Grains tax to be debated in Congress

Argentina's president Cristina Kirchner decided to do what she should probably have done months ago - to submit the controversial grains tax to congress. It was the obvious thing to do, especially because the government has a majority in both houses and therefore nothing to fear.

The imposition of a sliding-scale tax on grain exports can still be implemented, but at least this way the niceties of democracy are observed and everybody gets a chance to have their say.

We'll have to see how the farmers take the news.

Meanwhile, the government still plans to go ahead with its controversial political rally on the Plaza de Mayo tomorrow.