Friday
September 19, 2014

AFSCA media watchdog has sent a warning to Clarín Group urging the media conglomerate to clarify a “possible violation of anti-monopoly principles” identified in the adjustment plan to the Media Law submitted by the group.

A US appeals court dismissed an appeal by Citigroup Inc and Argentina of an order blocking the bank from processing payments on $8.4 billion in bonds issued under the country's laws following its 2002 default.

• NY court promises Citi decision

President Cristina Fernández de Kirchner has arrived in Rome where she will be meeting Pope Francis on Saturday in the Vactican’s Santa Marta residency. Both leaders are likely to discuss Argentina’s situation with the pontiff expected to express his support to the country in its legal dispute against vulture funds.

• ‘Local vultures’ behind speculative attack

The so called “blue” dollar traded steady and closed at 15 pesos following yesterday’s fall and Wednesday’s sharp climb when, pushed by speculation, greenbacks in the informal market hit a record high. In BA City banks and foreign exchange offices, the official rate of the American currency jumped to 8.44 pesos.

Cabinet Chief Jorge Capitanich renewed the government’s criticism of the so called “blue” dollar operations calling on savers to not lean towards the “illegal” market to get greenbacks.

• Capitanich takes aim at banks • Recalde says AA's restriction 'suspicious'

US stocks closed little changed today after Alibaba's strong debut was offset by falling technology shares as Oracle and Yahoo stumbled, but the Dow managed to edge higher to set a record for a second straight session.

Opposition trade union chief Luis Barrionuevo has denied any wrongdoing in connection with his assertions that December would see an explosion in Argentina, as he gave evidence in front of the Mar del Plata Federal Prosecutor.

The Lower House has passed a package of anti-hoarding and consumer protection laws after a 14-hour long marathon debate. The government-sponsored bills involve the reform of the supply legislation, create a new price observatory and establish a new conflict-resolution mechanism between consumers and companies.

• Gov't defends law against 'shameless liars' • Kicillof: anti-hoarding will help small firms

Following the congressional approval of the anti-hoarding bill, Cabinet Chief Jorge Capitanich praised the reform of the previous legislation and dismissed criticism by industrial groups.

Greek police has fired teargas at protesters who hurled petrol bombs and stones in Athens during a rally marking one year since the killing of an anti-fascism rapper by a Golden Dawn supporter.

Three car bombs have been detonated in adjacent Shi'ite Baghdad neighbourhoods followed by a dozen mortar rounds, killing at least 23 people and wounding more than 50, security and medical sources said.

The Argentine government yesterday declared two days of national mourning for the death of celebrated Uruguayan actress China Zorrilla, defining her as “a true representative of River Plate culture.”

• Farewell to a grand dame of the stage, screen

US Secretary of State John Kerry has said that Iran had a role to play in a global coalition to tackle Islamic State militants who have seized swaths of Iraq and Syria and proclaimed a caliphate in the heart of the Middle East.

White House staff and reporters returned to the building after being briefly evacuated tonight because of an intruder on the grounds, a Reuters witness said.

Streets in the capital of Sierra Leone were deserted as the West African state began a contested, three-day lockdown in a bid to halt the worst Ebola outbreak on record. President Ernest Bai Koroma urged people to heed the emergency measures.

Pro-Russian separatists and representatives from Kiev and Moscow agreed today on further measures to ensure a cease-fire between Ukrainian troops and pro-Russian separatists.

• Ukraine president secures US military aid

The leader of Spain's Catalonia region said he would defy Madrid to hold a non-binding independence vote in less than two months, saying his people deserved the same right to determine their future as Scots who voted to stay in Britain.

Scotland spurned independence in a historic referendum that threatened to rip the United Kingdom apart, sow financial turmoil and diminish Britain’s remaining global clout.

• Andy Murray says 'Yes' • Scots head to polls - Photo gallery • 'No' wins in four small constituencies

By James Grainger

On this monumental day in British history, as we wake up to learn whether Scotland has chosen to break a 307-year union or to continue as part of the United Kingdom, the lords, ladies and assorted MPs of Westminster will be biting their nails down to stubs.

• Economy is crucial to Scotland vote • Yes or No: Two sides, one shared story • Scottish question through Argentine eyes • 'A weak UK could lead to Malvinas dialogue'

The best Argentine hockey player of all times Luciana Aymar has announced she will be retiring from the “Leonas” national team at the end of the year, after playing in the Champions Trophy in Mendoza.

The US Senate approved Obama's plan for training and arming moderate Syrian rebels to battle Islamic State militants today, a major part of his military campaign to "degrade and destroy" the radical group.

• Obama: Vote shows Americans united

Veteran playmaker Juan Román Riquelme let loose with a stunning free-kick to help Argentinos Juniors to a 1-0 victory over Racing Club, sending the La Paternal club into the quarter-finals of the Copa Argentina.

Argentina will face Brazil in the Davis Cup 2015 first round, the International Tennis Federation (ITF) has decided after the general annual meeting held today in Dubai, United Arab Emirates.

By Luciana Ekdesman

Far from the daily life of showbiz, in some place of Buenos Aires lives a Finnish woman who revolutionized the metal scene. She was one of the first female singers in metal and a pioneer of the so-called opera-metal subgenre. After being booted out of Nightwish, Tarja Turunen moved to her Argentine husband’s home country where she feels “free.”





With special front pages featuring flags and quotes from poet Robert Burns, Scottish and English newspapers caught the drama and sense of history surrounding Scotland’s independence referendum.

Big question, short answer

PICTURE OF THE WEEK.

MARKETS ONLINE

CurrenciesBUYSELL
Dollar (Official price) DOLLAR (Official price) $ 8,390 $ 8,440
Dollar Blue price) DOLLAR ("Blue" price) $ 14,90 $ 15,00
Euro EURO $ 10,900 $ 11,350
Pound POUND $ 13,667 $ 13,749
Indices
Merval MERVAL $ 11.580,910 $ 0,38
Dow Jones DOW JONES $ 17.279,740 $ 0,08
Bovespa BOVESPA $ 57.788,700 $ -1,00
Full MARKET coverage HERE






I am 15, going on 16

Michael Soltys / Senior Editor / Economic Outlook

I am 15, going on 16

Scotland’s dilemma

Ivan Briscoe

Scotland’s dilemma



• World Trade

‘Argentina needs a modern, competitive national merchant marine law’

• On Sunday

Should auld acquaintance be forgot

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