December 19, 2014

Questioning private-sector analysts who forecasted a peso currency devaluation for the second semester of the year Cabinet Chief Jorge Capitanich compared Argentina’s fiscal deficit with other economic results such as those of the United States and Brazil.

• ‘Private-sector corruption affects development’

Argentine ambassador to the United Kingdom Alicia Castro has accused London of “celebrating war” as a decision by British Primer Minister David Cameron to unveil a statue of late Margaret Thatcher in the disputed Malvinas Islands prompted strong condemnation from Buenos Aires.

• CFK to UK: copy US-Cuba thaw

The US dollar opened stable at 8.565 pesos in banks and foreign exchange agencies in the city after the last financial session was lived by traders with fear amid ongoing government controls.

US stocks were opening little changed, after the Federal Reserve's most recent policy statement sparked the best two-day run for the benchmark S&P 500 in three years.

By Fermín Koop

Russia’s current economic woes could end up benefiting Argentina with an increase in both grain exports and the price of commodities, which have steeply dropped over the past few months.

• Putin vows 'rebound' but no measures • Russian ruble weakens after Putin speech

Three former officers and a prison guard

Four life sentences in El Vesubio case

By Santiago Del Carril



Dollar (Official price) DOLLAR (Official price) $ 8,520 $ 8,570
Dollar Blue price) DOLLAR ("Blue" price) $ 13,05 $ 13,15
Euro EURO $ 10,720 $ 11,270
Pound POUND $ 13,325 $ 13,403
Merval MERVAL $ 7.992,970 $ 1,31
Dow Jones DOW JONES $ 17.818,670 $ 0,23
Bovespa BOVESPA $ 49.092,070 $ 1,23
Full MARKET coverage HERE

By Peter Hakim

US President Barack Obama has inverted US policy on Cuba. His Wednesday speech adopted the proposals of those who have spent a half-century arguing for a rethinking of Cuba policy. The president recognized Washington’s failure to achieve its goal of bringing political and economic openness to Cuba.

• Evo Morales: ‘Cuba bowed the US’ • Francis ‘happy’ for rapprochement • 'Obama recognised Cuba policy failed'

That elusive ‘double’

Eric Weil / Sportsworld

That elusive ‘double’

Unhappy old year

Michael Soltys / Senior Editor / Economic Outlook

Unhappy old year

The aftermath of evil


• World Trade

Yuan has real shot at IMF blessing on reserve status

• On Sunday

'Nothing will change'

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