September 1, 2015

The Central Bank chief Alejandro Vanoli today ruled out once again a peso devaluation before the end of Cristina Fernández de Kirchner’s mandate in December.

Argentina has obtained a favourable ruling in its long-term legal conflict with the so-called “vulture” funds, as a previous decision from New York Judge Thomas Griesa which opened the door for Central Bank’s assets to be seized as compensation to the plaintiffs was reversed on appeal.

If property is not diplomatic nor military

Holdouts still can sue for other assets despite ruling

Victory Front presidential candidate Daniel Scioli met with around 100 standing mayors and election hopefuls in Florencio Varela, where he assured that the party was committed to expanding consumption and would work on bringing money back to the country.

Opposition leaders in Tucumán province who had vowed to contest the result of the gubernatorial elections held on August 23 left supporters holding their breath yesterday as they postponed the plan of taking the issue before the courts until today.

Tucumán Governor José Alperovich yesterday acknowledged that bags of food were handed over ahead of the August 23 gubernatorial elections — but stressed that both pro- and anti-government politicians had done so.

By Luciana Bertoia

The headquarters of the Grandmothers of Plaza de Mayo once again became a place of joy and celebration on Monday as the iconic human rights group announced that yet another child who was snatched from their parents during the country’s military dictatorship had been identified.

• Activists warn candidates

The Brazilian government for the first time ever sent Congress a budget bill that forecasts a primary deficit and urged lawmakers to help fix a fiscal crisis that threatens the country’s investment-grade rating.

New material from Malvinas conflict

War veterans to expand evidence of 1982 abuse

Veterans from the 1982 Malvinas war will continue to voice their condemnation of abuse suffered at the hands of their superior officers as a legal team reiterate their demands for recognition and justice before federal courts in Río Grande today.

The World Trade Organization today ordered the United States to lift a 14- year ban on Argentina beef imports. "It’s a huge victory for the country but also for Argentine cattle breeders who we expect they receive the news with joy,” Foreign Minister Héctor Timerman said during a press briefing held this morning at Government House.

Following Monday’s ruling favouring Argentina in its long-standing battle against so called “vulture” funds, Cabinet Chief Aníbal Fernández said holdouts now have “less fire power,” also praising Cristina Kirchner who managed to “stand in solitude” in its position unlike PRO party presidential candidate Mauricio Macri who said Buenos Aires should pay “vultures” in full.

The US dollar opened stable today in banks and foreign exchange agencies at 9.31 pesos, while the "blue" paralell rate ended August with a 3.5 percent hike at 15.47 pesos.

European stocks were extending the losses of recent weeks after weak manufacturing data from China again raised concerns over the health of its economy.

The Sustainable Development Goals (SDGs) will include targets for information and communication technologies, such as strengthening the Internet. And Latin America will be behind from the start in aspects that are key to increasing its educational and medical uses, bolster security and expand bandwidth.

Returning from her summer break in mid-August, German Chancellor Angela Merkel raised some eyebrows by describing Europe’s refugee problem as a bigger challenge than the Greece crisis, which had overshadowed all else in the first half of 2015.

Pope Francis will give all priests discretion to formally forgive women who have had abortions and seek absolution during the Roman Catholic Church's upcoming Holy Year, in the Argentine pontiff's latest move towards a more open and inclusive church.


Dollar (Official price) DOLLAR (Official price) $ 9,260 $ 9,310
Dollar Blue price) DOLLAR ("Blue" price) $ 15,32 $ 15,47
Euro EURO $ 10,580 $ 11,230
Pound POUND $ 14,205 $ 14,291
Merval MERVAL $ 0,000 $ 0,00
Dow Jones DOW JONES $ 16.219,800 $ -1,86
Bovespa BOVESPA $ 45.516,560 $ -2,38
Full MARKET coverage HERE

Power and money

James Neilson / As I See it

Power and money

Claudio Tolcachir, playwright, director, actor and founder of Timbre 4

‘Identifying with the victimizer is something that interests me more’

By Veronica Stewart

• World Trade

Argentina lost ‘half a million small- and mid-sized farmers’ since 1976 military coup

• On Sunday

American Idol?

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Transfer of land to Salta’s indigenous people making slow progress

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