October 24, 2014

President Cristina Fernández de Kirchner today met with Grandmothers of the Plaza de Mayo leader Estela de Carlotto and the activist's recovered grandson Guido Ignacio in her residence in Olivos, before heading a rally in the province of Chaco.

A US judge has scheduled a December 2 hearing to weigh arguments over whether Citigroup Inc should be allowed to process an expected interest payment by Argentina on bonds issued under its local laws following its 2002 default.

• US court denies Argentina appeal over bond payment to BONY

Ruling Victory Front’s Senator Aníbal Fernández rejected claims that the new Criminal Procedural Code reform is “xenophobic” and defended the initiative that seeks to deport foreigners who are found guilty of a crime once they have served their sentence.

Cabinet chief Jorge Capitanich rejected statements made yesterday by economists gathered at the Institue for Argentina’s Entrepreneurial Development (IDEA) 50th annual conference in Mar del Plata that the current economic model is “finished”.

The Arsat-1 geostationary satellite launched last week finished the third and last manoeuvre in order to remain in orbit permanently, 36,000 km away from earth.

Justice Secretary Julián Álvarez explained that according to the proposed new Criminal Procedural Code foreigners who are found guilty of an ‘insignificant crime’ will not be expelled.

By Luciana Bertoia

The government’s push to be able to deport foreigners who are found guilty of a crime earned it some unusual bedfellows yesterday as Sergio Massa’s Renewal Front backed the initiative while human rights groups — and even some right-wing sectors — questioned the move, calling it opportunistic and ill-conceived.

Grain exports will total US$5.7 billion in the fourth quarter of the calendar year, the CIARA and CEC chambers promised yesterday, after seemingly successful negotiations with a national government that is eager to inject much-needed export dollars into the economy.

Foreigners who are caught committing a crime and who do not have their residency documents in order will be deported according to the new Criminal Procedural Code that President Kirchner yesterday said the Executive will be sending to Congress today.

• CFK sends new Criminal Code to Congress • 'Code will be an efficient tool to fight crime’

Cabinet chief Jorge Capitanich said that “there has been practically no change” in the number of real estate agencies in the past year, in response to remarks by the vicepresident of the Argentine Real Estate Chamber, Armando Pepe, who had said that 884 real estate firms had closed in Buenos Aires City.

The United Nations Human Rights Committee has called on China to ensure universal suffrage in Hong Kong, stressing that included the right to stand for election as well as the right to vote.

• Protests continue after failure of talks

A controversial Internet neutrality bill opposed by telecom companies was all but cleared for debate in the Senate yesterday following amendments that net neutrality proponents saw as positive, including the removal of questionable articles that made reference to special exceptions.

• What does the bill say

The country’s trade surplus plunged 44 percent in September, on the year, to US$404 million, breaking a three-month trend of rising surpluses, the INDEC national statistics bureau announced yesterday.

Cabinet chief Jorge Capitanich hit out against market forces whom he accused of trying to attack the administration of president Cristina Fernández de Kirchner, as he appeared before the Senate for the latest briefing.

The blue-chip swap rate continued its downward path today, sinking 40 cents to 13.07 pesos. The stock market currency also fell while the so called “blue” dollar reversed earlier losses and climbed one cent to 14.70 pesos.

At least one gendarme and several protesters have been injured during a clash in Panamericana highway between the Gendarmerie and former employees of Lear automaker, who were demanding to be re-incorporated in the company.

The National Statistics and Census Institute (INDEC) has revealed a drop in economic activity of 1.2 percent during August, compared to the same month last year.

European Union leaders have struck a deal on a new target to cut carbon emissions out to 2030, calling it a new global standard but leaving critics warning that compromises had undermined the fight against climate change.

Brazil's President Dilma Rousseff has a clear lead of between 6 and 8 percentage points over her pro-business challenger Aecio Neves ahead of Sunday's presidential election runoff, two polls have shown.

Suspected Boko Haram militants kidnapped at least 25 girls in an attack on a remote town in northeastern Nigeria, witnesses to the attack said, despite talks aimed at freeing more than 200 other female hostages the militants seized in April.

Starting March 2015, temporary appartment rentals in Argentina will have to be registered at the AFIP tax bureau, according to a decision published in the official bulletin.

Earnings from Caterpillar and 3M drove Wall Street higher today but stocks pared gains in late trading after reports that a New York hospital was running Ebola tests on a healthcare worker.

Tottenham Hotspur's Erik Lamela scored a stunning 'rabona' goal to light up today's Europa League action, wrapping his left boot around his right leg 20 metres out and blasting the ball into the top corner.

Canadian Prime Minister Stephen Harper vowed to redouble the country's fight against "terrorist organizations" abroad after a reported convert to Islam rampaged through parliament, shocking the usually tranquil capital city.

• Soldier killed as Canada parliament attacked

The mayor of Iguala, in the southern Mexican state of Guerrero, ordered a police attack that resulted in six deaths and the disappearance of 43 students who remain missing weeks later, the country’s top prosecutor said yesterday.

A physician with Doctors without Borders who recently returned from West Africa has tested positive for Ebola, the New York Times reported.

Mali has confirmed its first case of Ebola, becoming the sixth West African country to be touched by the worst outbreak on record of the haemorrhagic fever, which has killed nearly 4,900 people.


Dollar (Official price) DOLLAR (Official price) $ 8,450 $ 8,500
Dollar Blue price) DOLLAR ("Blue" price) $ 14,60 $ 14,70
Euro EURO $ 10,770 $ 11,290
Pound POUND $ 13,545 $ 13,626
Merval MERVAL $ 10.268,010 $ -2,65
Dow Jones DOW JONES $ 16.677,900 $ 1,32
Bovespa BOVESPA $ 50.713,260 $ -3,24
Full MARKET coverage HERE

Never-ending cycles

Michael Soltys / Senior Editor / Economic Outlook

Never-ending cycles

Die Hard Dilma Rousseff

Patricio Navia

Die Hard Dilma Rousseff

Disciplinary ineptitude

Eric Weil / Sportsworld

Disciplinary ineptitude

Seven days of wishes and jokes

Mempo Giardinelli

Seven days of wishes and jokes

Dozens of military officers who were complicit in crimes against humanity in the country during the 1976-1983 military dictatorship had been sent to Spain for training, new documents revealed yesterday.

According to statistics released by the National Department of Mental Health and Adictions of the Health Ministry, an “evident rise in the prevalence of alcohol abuse in high-school students” has been registered in 2001-2011, with trends reaching a highest rate (67 percent) in the 2001-2005 period.

By Kate Greene

Why would anyone think a woman would be the first to space, anyway? Medical studies, for one thing. Some studies in the 1950s and ‘60s suggested female bodies had stronger hearts and could better withstand vibrations and radiation exposure. Moreover, psychological studies suggested that women coped better than men in isolation and when deprived of sensory inputs.

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