Thursday
August 28, 2014

Labour Minister Carlos Tomada has affirmed it is not a government’s priority to discuss the modification of the income tax or re-opening wage talks, as dissident unions demanded during a general strike.

Dissident CGT head Hugo Moyano has thanked workers for joining today’s strike, which he insisted on describing as a “total success”, and warned the government “further measures” will be taken if their claims are not listened.

• CGT's Moyano praises strike 'success'

The 24-hour strike called by the anti-government splinters of the CGT commanded one by Hugo Moyano, the other by Luis Barrionuevo along with CTA union headed by Pablo Miceli and leftist groups was held today with pickets and road blocks across Buenos Aires City.

• UTA decides not to join Thursday’s strike • Strike preview hints at transport headaches

Amid a 36-hour protest by anti-government CTA labour union lead by Pablo Micheli and left-wing groups and as the national 24-hour strike called by anti-government CGT Union unfolds, cabinet chief Jorge Capitanich criticized MST and Labour Party leftist groups for “supporting those who earn most.”

• Micheli's CTA holds rally at Congress

The governor of Buenos Aires province Daniel Scioli said “it is a sad day” because of the national strike called by opposition unions, with plants that have “pulled down shutters” and workers on the streets.

Strike called by anti-government unions is not being supported by the majority of the labour movement, ruling Victory Front (FpV) party MP Héctor Recalde affirmed saying the protest action was a “failure.”

Human Rights Secretary of the anti-government CGT labour confederation Julio Piumato considered attendance to Thursday’s walkout was “forceful” adding that there was no “obstacle” for people going to work. “Buses are empty,” Piumato said.

BA City deputy mayor María Eugenia Vidal said demands by striking workers were “fair” but questioned pickets that were halting traffic not only in the City but in several areas across the country.

Peruvian police seized a record 6.5 tonnes of cocaine in a quiet coastal town this week, arresting seven Peruvians and two Mexicans suspected of trying to smuggle the load to Europe as coal, President Ollanta Humala said.

Economy minister Axel Kicillof left Buenos Aires today to travel to Brazil, where he will meet with fellow ministers from the country to discuss the current situation of bilateral trade and the automotive industry.

Ruling Victory Front party (FpV) leaders questioned head of the Renewal Front (RF) opposition group Sergio Massa for missing yesterday’s congress vote in which the Lower House passed almost unanimously a new pension moratorium that is expected to cover 500,000 people.

The Council of Americas 11° conference in Buenos Aires City gathered government officials, opposition leaders with presidential ambitions and businessmen at the exclusive Alvear Palace Hotel to discuss the country’s political and economic situation.

US stocks edged lower after the latest tension between Ukraine and Russia snapped the focus of investors back to the volatile region, but US economic data helped curb losses.

President Barack Obama said the United States and its allies would look for ways to expand economic sanctions on Russia after Kiev accused Moscow of moving troops into southeastern Ukraine, but he stopped short of calling the recent Russian aggression an invasion.

• Ukraine says Russia moves into southeast

President Cristina Fernández de Kirchner has revealed pictures of damaged Sarmiento trains in her Twitter account, supposedly attacked by railway unionists from delegate Rubén Sobrero sector during today’s strike, as denounced earlier by Transport Minister Florencio Randazzo.

Legendary Boca Juniors coach Carlos Bianchi's third spell with the club has come to an end, after the decision was taken by president Daniel Angelici and the board of directors to relieve him of his post.

Figures released from the National Statistics and Census Institute (INDEC) have revealed that supermarket sales increased a total of 35 percent in July compared to the same month in 2013, reaching a total of 14.74 billion pesos.

Hamas will not cease resisting Israel until all its demands are met, the group's overall leader Khaled Meshaal said, adding the latest Gaza conflict was only "a milestone to reaching our objective".

• Israel, Gaza Strip ceasefire continue

The US dollar traded steady and closed at 8.42 pesos in Buenos Aires City banks and foreign exchange offices. Low market activity was expected due to bank workers’ adherence to the national strike, affecting operations in financial entities in the country. The “blue” dollar traded at 14.38 pesos in a quiet market.

Champions League holders Real Madrid will face former European champions Liverpool, FC Basel and debutants Ludogorets of Bulgaria following the group stage draw. Bayern Munich and Manchester City were drawn in the same group for the second successive season, as were Chelsea and Schalke 04, and Arsenal and Borussia Dortmund.

Acerbic comedian and fashion critic Joan Rivers was rushed to a New York hospital after she stopped breathing during surgery on her vocal chords.

Brazilian authorities continued to search for an Argentine sailboat that went missing about 180 miles east of Río Grande with four passengers on board early on Wednesday, the Brazilian Navy reported.

A joint mission of the United Nations and the global anti-chemical arms watchdog that has overseen the destruction of Syria's toxic gas stocks will shut down on Sept. 30 though a successor unit will continue investigating, the UN chief said.

The US economy rebounded more strongly than initially thought in the second quarter and details of a report today pointed to sustainable underlying strength.






The Ebola outbreak in West Africa has killed more than 1,552 people out of 3,069 known cases in four countries and "continues to accelerate", the World Health Organisation (WHO) said adding it could infect more than 20,000 people.

• ADB: Ebola causing huge economic damage

MARKETS ONLINE

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Full MARKET coverage HERE



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By Jesse Bering

If ever you overhear someone comparing you to a dog, chances are it’s not a compliment. Yes, there’s the famous loyalty of dogs, their boundless love and devotion. Typically, though, it’s meant as a slight and a reference to some especially animalistic aspect of our four-legged friends.

Sara Netanyahu, wife of Israel’s Prime Minister Benjamin Netanyahu visited the family of Daniel Tregerman, the 4-year-old with Argentine roots who was killed by a Hamas mortar last Friday.

Stephen Hawking has become the latest celebrity to take part in the ice bucket challenge aiming at rasing money to combat the Amyotrophic Lateral Sclerosis (ALS) disease.

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Almost 20 percent of those behind bars in the federal prison system are foreigners, a percentage that falls to 3.9 percent in Buenos Aires province.

A book that reproduces Picasso’s painting with a special fabric that releases different aromas when touched seeks to make the Spanish painter’s work available to the visually impared.

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