Friday
February 8, 2013

European Union leaders reached agreement on the bloc's long-term spending plans until the end of the decade today after more than 24 hours of negotiation, the president of the European Council said.

After last night's announcement made by Cristina Fernández de Kirchner that the deal with Iran to open up a truth commission to investigate the 1994 terrorist attack on the AMIA Jewish centre was sent to Congress, the president of the entity Guillermo Borger said that the decision puts the centre at risk for a “third attack.”

• CFK sends Iran agreement to Congress

Four car bombs killed at least 31 people at street markets in Iraq today, police and medics said, as sectarian violence grows ahead of provincial elections in April.

Vice-President Amado Boudou assured he is not thinking of resigning from office, said he has nothing to hide about his assets and insisted that there is no relation between him and businessman Alejandro Vanderbroele, who acquired the mint printing company formerly known as Ciccone.

Foreign Minister Héctor Timerman said today that the British government’s position on Malvinas Islands “smells too much like petroleum”, revealing that UK’s biggest interest in keeping the invaded archipelago is due to potential oil findings.

• Timerman: Malvinas sets a test for international legal system • 'Malvinas islanders referendum has no legal value,' Timerman

Agribusiness giant Bunge yesterday admitted the historic US drought had tripped up its well-connected risk management team and also said its chief executive will step down.

The director of the United Supermarkets Association, Juan José Vasco Martínez, assured that there are no shortages of those goods that large supermarket chains had agreed on freezing prices with the government, but recognized the industry trails an excess demand.

• Chinese supermarkets join price freeze

Pentagon leaders told Congress yesterday that they had supported a recommendation to arm Syrian rebels promoted by the State Department and CIA but which President Barack Obama ultimately decided against.

US President Barack Obama told congressional Democrats today he is willing to agree to a "big deal" with Congress on spending cuts and tax reforms to end uncertainty over the budget deficit, but insisted that new revenues be part of the package.

Tunisia sank deeper into political crisis yesterday, as the ruling Islamist party rejected its own prime minister’s decision to replace the government after the assassination of a leftist politician led to a wave of angry protests.

Defence Minister Arturo Puricelli called today “unacceptable” the chantings of Chilean marines inciting to kill Argentines, Bolivians and Peruvians.

Iran's highest authority, Ayatollah Ali Khamenei, today rejected an offer of direct talks made by US Vice President Joe Biden this week, saying they would not solve the problems between them, Iranian media reported.

The US dollar edged up today at exchange house and banks in the banking district of the capital city, trading at a rate of AR$4.95 and AR$5.005. The price of the ‘blue’ dollar (black market price) moved down, trading at AR$7.59 and AR$7.64.

US stock index rose today after a batch of positive economic data points, but gains were checked with the benchmark S&P index at five-year highs as investors looked for strong catalysts to push the market further upward.


Blizzard begins to wallop northeastern US, flights cancelled

An earthquake with a preliminary 7.1 magnitude struck 270 miles east of Kira Kira on the Solomon Islands, the US Geological Survey said.

The long-planned and suspended Subte underground train station in Recoleta was yesterday officially postponed and transferred to a different site.

The European Central Bank will monitor the economic impact of a strengthening euro, ECB President Mario Draghi said today, feeding expectations the climbing currency could open the door to an interest rate cut.

By Juan Carlos Fontana
The brainchild of director Patricio Orozco, this tribute to the Bard opens today running until Saturday 16. Venues include the just-inaugurated Globe Theatre, and all events are free admission.

The government yesterday officially sacked three officials involved in an alleged swindle in cahoots with consumer defence insitutions and banks, although their specific role in the scam has not yet been confirmed.

Leftist Ecuadorean President Rafael Correa has maintained a huge lead over his nearest opposition rival in the run-up to the Feb. 17 elections, recent polls show.

Luiz Felipe Scolari's second coming as Brazil manager ended in a defeat as goals from Wayne Rooney and Frank Lampard earned a vibrant England side a 2-1 win at Wembley today, their first over the south Americans for 23 years.


BuenosAiresHerald.com Deputy Editor Adrian Bono hosts a new episode of Trending Now, where he explores some of the most talked-about topics on Twitter in Argentina.


Trouble is brewing

James Neilson

Trouble is brewing

Flight of the posh

Ivan Briscoe

Flight of the posh

Outside looking in

Michael Soltys

Outside looking in

The cable guy

Marcelo J. García

The cable guy

Readying for the election year

Martín Gambarotta

Readying for the election year

MARKETS

Dollar Dolar $ 4,955 $ 5,005
Euro Euro $ 6,660 $ 6,840
Pound Euro $ 7,829 $ 7,913
Other currencies

• World Trade

ANA seeks damages from Boeing for 787 woes

• On Sunday

Tea for who?

For anyone who cringed just a little while watching the trailer for Lincoln and worried that it might be a near-parody of a Steven Spielberg film, with its heartfelt proclamations, sentimental tones and inspiring John Williams score, fret not.

• Daniel Day-Lewis seen as winning Oscar

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