September 23, 2014

Cabinet chief Jorge Capitanich refused to make further comments on the new hearing called by US Judge Thomas Griesa for Friday but considered “fair and necessary” that the magistrate allows payment on Argentine bonds under local legislation.

• ‘Citibank must honour its obligations’ • 'Citibank has no gun pointed to its head, but Argentine law'

New York district judge Thomas Griesa has called a new hearing this Friday, after Citibank requested an injunction in order to honour a payment on Argentine bonds held under local legislation and in foreign currency.

Federal Planning Minister Julio De Vido spoke about US Judge Thomas Griesa’s adverse rulings in Argentina’s battle against its holdout creditors and stated that “nothing outside of the two countries will condition the agreements signed between Argentina and China.”

President Cristina Fernández de Kirchner today thanked UN chief Ban Ki-moon for the organisations support of Argentine debt restructuring, and also met with bondholder and billionaire financier George Soros, who is suing a US bank caught in the middle of the country's latest debt default.

Economy Minister Axel Kicillof responded to Citibank’s lawyer Karen Wagner comments that the bank had “a gun to its head” which would “probably go off” if the US Judiciary did not allow payment of funds blocked by US Judge Thomas Griesa. “The Citibank has no gun to its head, but the Argentine law,” Kicillof stated.

Ever since Máximo Kirchner made his first major political speech, kirchnerite leaders have expressed their support for a more active political role of the president’s son. Deputy governor of Buenos Aires province Gabriel Mariotto said “it would be great if (Máximo) presented his candidacy for Buenos Aires province” in 2015 elections.

The Bank of New York Mellon (BONY) has declined Argentina's request to relinquish its role as the country's financial agent, insisting that it would continue to abide by court rulings made in New York regarding payment to bondholders.

Pope Francis called for countries to join forces to help the rising number of migrants, thousands of whom have died this year on perilous journeys to flee poverty and war.

Dozens of protesters were arrested during a demonstration in New York City to denounce what organizers say is Wall Street's contribution to climate change.

A decorated Iraq war veteran who scaled a fence on Friday night and got into the White House had over 800 rounds of ammunition in his car and was arrested in July with a sniper rifle and a map marking the executive mansion, a federal prosecutor said.

New Zealand may vote next year on changing its flag, newly re-elected prime minister John Key has said, as the country looks to assert an identity independent of colonial ties to Britain.

Venezuelan leader Nicolas Maduro has said he will travel to New York this week for his debut appearance as president at the United Nations General Assembly despite "racist" editorials against him in major US newspapers.

The German chancellor said after meeting French premier Manuel Valls that she was impressed by the number of reforms Paris had launched, but deferred to Brussels on the halting French efforts to reduce its public deficit.

The US dollar trades unchanged at 8.44 pesos in Buenos Aires City banks and foreign exchange offices.

US President Barack Obama will make a statement today following airstrikes for the first time against the militant group in Syria, according to the White House.

The United States and Arab allies bombed Syria for the first time today, killing dozens of Islamic State fighters and members of a separate al Qaeda-linked group, pursuing a campaign against militants into a war at the heart of the Middle East.

By Ignacio Portes

The march of the 2015 Budget through Congress will officially begin today with a committee meeting at the Lower House, but despite optimistic estimates regarding the likelihood of its passing, the debate about the credibility of its macroeconomic projections is expected to steal the spotlight.

Cabinet chief Jorge Capitanich explained that the country currently imports u$s 12 billion dollars in energy but said that “strenuous efforts” are being made to increase local oil production and urged private companies to raise investment levels.

US stocks opened lower today, putting the S&P on pace for a third straight fall, as conflict in the Middle East intensified and after the US Treasury moved to curb "tax inversion" deals.

Security secretary Sergio Berni has released further information concerning an alleged terrorist threat against President Cristina Fernández de Kirchner, and assured that further measures had been taken to guarantee the head of state's safety.

By Federico Poore

In conversation with the Herald, lawyer Miguel Rodríguez Villafañe — legal representative for the Radio and Television Services (SRT) of Córdoba’s National University (UNC) — explains the scope of the judicial ruling and why he believes Cablevisión is choosing to defy the courts.

France's foreign ministry has confirmed that a video of a French man kidnapped in Algeria by a group loyal to Islamic State was genuine.

•  IS calls for attacks against US, French, Canadian, Australian citizens

Airline claims its decision is based strictly on commercial demand

British Airways reduces flights to BA

People travelling to London will see their options reduced as from next March since British Airways has decided to cut from seven to five its weekly direct flights to and from Buenos Aires due to a drop in the number of passengers.

The All Blacks flew into Buenos Aires on Sunday, a day later than their scheduled arrival due to problems with their flight. It was an expensive wait as it ended up with the team losing its flyhalf Aaron Cruden.

Racing Club looked set to continue a dark run of defeats when they went behind once more, but Gustavo Bou's excellent finish turned the corner for the Avellaneda club who secured a 1-1 draw against Newell's Old Boys.

Argentina coach Gerardo Martino has welcomed Lionel Messi back into the international fold alongside a host of new faces, but despite high expectations Carlos Tévez was not among them as the Juventus forward missed out on the Albiceleste's Asian tour.

Islamic State militants fighting in Iraq and Syria released a video that appears to show British journalist John Cantlie criticizing preparations for US-led attacks on the militant group.


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United (?) Kingdom

Andrés Federman

United (?) Kingdom

Pelé, Maradona and Messi

Eric Weil / Sportsworld

Pelé, Maradona and Messi

Eric Weil, reporter of six decades

‘I don’t like the media’s political divide’

By Gabriela Padín & Martín Zendrón

Eric Weil came to Argentina when he was 20, on his own and without speaking Spanish. He has been involved in journalism ever since. After more than 60 years working in the country, he told his beloved Herald about his Argentine experience and how he sees the future of journalism.

• World Trade

‘Argentina’s legal framework must adapt to include the logistics concept’

• On Sunday

Secessionist fever

Crimes against humanity at Campo de Mayo

Doctors refuse to testify in rights probe

By Santiago Del Carril

Three doctors refused to testify about their role in the kidnapping of newborn babies during the last military dictatorship during the trial for crimes against humanity at Campo de Mayo yesterday. Some 30 babies were believed to have been born in the Campo de Mayo Military base hospital to political prisoners who were then subsequently executed.

By Jayson McNamara

Those who choose to make Argentina their home can often face challenges adapting.

Argentina has made major achievements regarding the rights of indigenous communities during the last ten years, but areas like mental health still deserve “special attention,” a report by the Economic Commission for Latin America and the Caribbean (ECLAC) said yesterday.

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