Tuesday
April 5, 2016

After a worldwide scandal sparked by the so called “Panama Papers” leak, President Mauricio Macri today came on stage to defend himself as he is one of the world leaders to appear as director of an offshore society.

In an attempt to defend President Mauricio Macri from what is a worldwide political scandal, Vicepresident Gabriela Michetti today stated “there is nothing illegal or unethical” in the alleged participation of the head of state in an offshore society.

President Mauricio Macri’s relationship with the provinces has proved to be key in recent weeks, with federal government promises of financial aid used as leverage to ensure congressional support from governors. But when it comes to Santa Cruz, the situation is quite different.

The biggest leak of documents to journalists in history, which are being investigated by more than 100 news organizations across the world, yesterday exposed the offshore holdings of a number of world leaders — among them, President Mauricio Macri.

Accused of running contraband in high-profile 1990s case

Not the first time president has been accused of breaking the law

US President Barack Obama and NATO Secretary-General Jens Stoltenberg said on Monday that NATO could help Libya counter Islamic State militants as well as train and assist troops in Iraq, Jordan and elsewhere to fight the insurgent group.

Former presidential candidate for the Victory Front (FpV) Daniel Scioli said he “anticipated the adjustment and devaluation” that Mauricio Macri was going to carry out if he won the November 22 runoff.

By Fermín Koop

It may have started as a simple holiday with his family, but President Mauricio Macri’s trip to Patagonia last week prompted a complaint at the Anti-Corruption Office and has put British businessman Joseph Lewis, the owner of a 12,000 hectares estate where Macri stayed, in the spotlight once again.

Secretary General of the CTA Autonomous splinter Pablo Micheli warned the hikes in public services will take the country “directly” to a “social and union conflict.” "We will not abandon the streets," he affirmed.

• Natural gas, water hiked 300% • UIA warns 200,000 jobs at stake • Hikes will add 2 points to inflation

The government marked its first Malvinas War Veterans Day by underscoring its commitment to regaining control over the islands and highlighting the recent extension of the country’s continental shelf as a means to that end.

Interest in Aerolíneas Argentinas market share

Airlines see new opportunities

Import needs not likely to persist

Brazil demand for Argentine corn seen as short-term

The US Justice Department is reviewing the leaked documents from a Panamanian law firm that reveal the offshore financial arrangements of global politicians and public figures, a department spokesman said on Monday.

Governments across the world began investigating possible financial wrongdoing by the rich and powerful on Monday following a leak of documents from a Panamanian law firm which allegedly showed how clients avoided tax or laundered money.

Argentina's opposition exhorted President Mauricio Macri on Monday to explain why he had moonlighted as director of an offshore company in the Bahamas, as revealed in a leak of documents from a Panamanian law firm.

Politicians from seven parties in Brazil were named as clients of a Panama-based firm at the center of a massive data leak over possible tax evasion, O Estado de S.Paulo said on Monday.

An international collection of journalists published a report yesterday on the financial activities of a dozen current and former world leaders that said associates of Russian President Vladimir Putin have moved as much as US$2 billion through offshore accounts.

Former Transport secretary Ricardo Jaime will be taken under custody to the Comodoro Py courthouse today to answer questions before Federal Judge Julián Ercolini about alleged irregularities in the purchase of Spanish and Portuguese trains.

US stocks ended weaker on Monday, pulling back from a recent rally that took them to new 2016 highs, as losses in commodity-related and industrial shares offset gains in healthcare.

Emerging markets (EM) are fast losing their shine for the world’s biggest investment banks. Faced with falling fees from fewer deals — and bleak prospects ahead — many have put the brakes on decade-long expansions, with some cutting jobs and shutting offices.

Buenos Aires is upping its profile and may function as a lever for the Mercosur bloc and the European Union (EU) to ink a free-trade deal that has been delayed for years.

Donald Trump’s prediction that the US economy was on the verge of a “very massive recession” hit a wall of scepticism yesterday from economists who questioned the Republican presidential front-runner’s calculations.

By Dana Milbank

By Dan Edwards

Soccer — Domestic League

Boca easily beats Atlético Rafaela 3-0

Soccer — Spanish League

Ronaldo ends Barça unbeaten run

More than 18,900 confirmed cases

Dengue claims first two victims in BA City









First time in 34 years that Royal Navy withdraws vessel

Malvinas left without warships

The Malvinas Islands were left without the protection and presence of a major British warship for the first time in 34 years over the weekend, after the Royal Navy chose to withdraw its continual presence of a destroyer or frigate in the South Atlantic, which serves as a guard for the islands.

The US dollar today ended four cents higher today at 15.06 pesos, in banks and foreign exchange agencies after accumulating a 28 cent rise last week, amid a recovery of the demand for greenbacks and a fewer liquidation from grain exporting firms.


Trilogy of challenges ahead

Andrés Federman

Trilogy of challenges ahead

It also happened to Qatar

Eric Weil / Sportsworld

It also happened to Qatar

The politics of mantras

Sebastián Lacunza

The politics of mantras

The twilight of the BRICS

James Neilson / As I See it

The twilight of the BRICS

Seven days

Michael Soltys / Senior Editor

Seven days

Macri’s front for victory

Martín Gambarotta - News Editor

Macri’s front for victory

Snapping journalism

Marcelo García

Snapping journalism


By Liliana Palermo


Historian Lucas Bilbao, author of The Prophet of Genocide

‘At least 100 chaplains worked in torture centres’

By Santiago Del Carril


Ezequiel Donati, alfajores baker

Alpha love

By Sorrel Moseley-Williams

• World Trade

New hopes for Mercosur-EU free trade deal

• On Sunday

For Latin American environmentalists, death is a constant companion

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