May 27, 2016

President Mauricio Macri today announced the government will submit a bill to Congress for a new tax amnesty plan, another bill to pay retirees who sued the state for higher pensions, and the launch of a Universal Pension for Old Age for those who have never paid contributions nor reach the qualifying years to receive a state pension.

The investigation into money-laundering allegations against Kirchnerite businessman Lázaro Báez took a new twist yesterday after one of his sons filed a legal challenge against Sebastián Casanello, accusing the federal judge of bias and of manipulating the probe to benefit former president Cristina Fernández de Kirchner.

president files sworn statement of assets

Macri holds 18 million pesos in Bahamas offshore account

President Mauricio Macri’s declared personal fortune doubled during 2015 to 110 million pesos (US$7.8 million) from some 52 million pesos in 2014, it was revealed yesterday, after he publicly released his first affidavit to the National Anti-corruption Office (OA) as president.

Former Planning minister Julio De Vido picked up a fresh legal headache yesterday after federal prosecutor Patricio Evers requested an investigation be opened against the national lawmaker for allegations that a contract to build two offices in Santiago del Estero province included above-market prices.

Interior Minister Rogelio Frigerio admitted the 400 percent limit imposed on the natural gas rates adjustments in the Patagonian region represents “an important raise” but said “the tariff adjustment in 2016 is over.” He predicted all lawsuits initiated after the hikes “will start falling alone.”

The head of state and his allies appeared to receive a dressing down and public scolding yesterday during the traditional May Revolution Day commemoration service from the Archbishop of Buenos Aires Mario Poli, following recent tensions over job stability and the impact of spending cuts.

The government is giving off more signs that debt-fuelled investment is its main bet to revive Argentina’s stagnant economy, both through state spending in public works and with private projects.

The US Federal Reserve should raise interest rates "in the coming months" if economic growth picks up as expected and jobs continue to be generated, Fed Chair Janet Yellen said on Friday.

With a triumphant pile of delegates in hand, Republican Donald Trump claimed support from “almost everybody” in his party yesterday and turned his attention to his likely Democratic presidential opponent, Hillary Clinton, who is still locked in a divisive primary contest with Bernie Sanders.

General Labour Confederation (CGT) trade union union leaders backed down yesterday from holding a potential strike in reaction to President Mauricio Macri’s veto of a highly controversial “anti-layoffs” law last week.

Police on Thursday were investigating a shooting that left one man dead and three other people wounded shortly before a concert by rapper T.I. in lower Manhattan.

Almost one out of every 10 complaints denouncing human-trafficking in Argentina involved the complicity of a public official, the Attorney General’s Unit against Human-Trafficking (Protex) has revealed.

Audio shows Senate President Renan Calheiros plotting to weaken anti-graft tool

Leaked recordings pile pressure on allies of Brazil’s interim leader

Brazil’s interim president announced a steep round of austerity measures yesterday aimed at pulling the region’s largest economy from its worst crisis in decades, warning that a failure to act would sentence future generations to “extraordinary hardship.”

SOCCER — national team

Argentina to play last warm-up today

By Santiago del Carril
A historic verdict that could for the first time judicially confirm the cooperation between the Southern Cone region’s military dictatorships in eliminating political activists — in what is known as Operation Condor — could be given today, opening the door for further investigations.

Two months ago, Argentina won approval from the United Nations (UN) Special Commission on the Continental Shelf (CONPLA) for an expansion of its sovereign maritime territory following a detailed report and request submitted to the body in 2009. The move expanded Argentina’s rights and sovereign territory in the South Atlantic Ocean by around 35 percent.

Future imperfect

Michael Soltys / Senior Editor

Future imperfect

Still arguing over Super League

Eric Weil / Sportsworld

Still arguing over Super League

A world without work

James Neilson / As I See it

A world without work

Veto power

Martín Gambarotta - News Editor

Veto power

• World Trade

Mercosur pundits split over deal with EU

• On Sunday

End of An Era

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