September 2, 2014

President Cristina Fernández de Kirchner has presented a sworn statement of her assets, which totalled more than 55 million pesos in 2013.

• Cristina: Poverty due to 'unfair distribution'

The mayor of Buenos Aires city vowed to lower inflation rates in two or three years and to “remove export tax duties” and “any impediment to export” if he is elected president in 2015 elections.

The General Presidency secretary, Oscar Parrilli, has responded to the enquiries of federal judge María Servini de Cubría with a detailed report on telephone calls from Government House, as part of an investigation into ephedrine trafficking in Argentina.

• Gov't to respond to Judge Servini's request

Cabinet Chief Jorge Capitanich adressed the warnings issued by different analysts about the government’s record monetary base expansion in August. He dismissed a negative impact on inflation rates saying “analyst’s forecasts will not necessarily happen.”

President of Brazil Dilma Rousseff asserted that unemployment and recession would be the result should Marina Silva's economic programme be put into place, as the two presidential candidates clashed in a debate ahead of the first round of elections on October 5.

Nigeria has a third confirmed case of Ebola in the oil hub of Port Harcourt, bringing the country's total confirmed infections to 17, with 271 people under surveillance, the health minister said.

By Charlie Devereux and Pablo González

Truck drivers say theft and extortion are on the rise at the country’s main port, Rosario. While police have pledged to step up security, escalating crime has boosted shipping fees and compounded delays at terminals, threatening the country’s biggest source of dollar income at a time when Central Bank reserves near an eight-year low.

Cabinet Chief Jorge Capitanich reiterated Argentina’s demand for a stay to US Judge Thomas Griesa in the dispute against its holdout creditors. “When we think of a simple, easy solution, it is up to Judge Griesa. It is to issue a stay until the first trimester of 2015,” he stated.

Agriculture Minister Carlos Casamiquela predicted that Argentine food export to Russia “could increase between 1,800 and 2,000 million dollars” and expected the operations to begin on September 15, when officials and business leaders of both countries meet in Moscow’s World Food exhibition.

By Fermín Koop

Prescription drug makers expect the government to authorize them to increase their retail prices soon as the two-month freeze on prices expired last week.

European shares edged higher to close near a recent one-month peak today, with merger and acquisition speculation about British broadcaster ITV helping media stocks and Novartis leading drugmakers.

It will be an unusually busy week in Congress as the ruling Victory Front (FpV) will try to pass a number of key initiatives in the Senate, including modifications to the 1974 Anti-Hoarding law and the change in jurisdiction for the country’s debt in a marathon session called for Wednesday.

By Guillermo Háskel

A ban which Russia clamped last month on food imports from the United States and the European Union as a retaliation for Western sanctions over its support for rebels in Ukraine, is providing a good opportunity for breadbasket Argentina, which rushed to send a trade mission to Moscow.

President Cristina Fernández de Kirchner has revealed that the Minimum Wage Council unanimously decided to raise the base salary by 31 percent for 2014, which means that workers currently earning that wage will see their incomes pass from 3,600 pesos to 4,716.

• Yasky to demand 35% minimum wage hike

After falling 15 cents earlier, the "blue" dollar bounced back to rise 15 cents and traded at 14.20 pesos, after last week's record highs. Meanwhile, the official rate closed steady at 8.42 pesos.

• Dollar for savings reaches US$260M record

Argentina's tax revenue jumped 31.3 percent in August from a year earlier to 99.7 billion pesos ($11.852 billion), the government said today.

Ukrainian President Petro Poroshenko accused Russia today of "direct and open aggression" which he said had radically changed the battlefield balance as Kiev's forces suffer major reverses in the war with pro-Moscow separatists.

• Putin calls for 'statehood' talks

A further 1,370 Iraqis were wounded and 600,000 people forced to flee as Islamic State militants, who have grabbed large areas of territory since June, pushed into land controlled by Kurdish troops and targeted religious minorities.

Andy Murray fended off Jo-Wilfried Tsonga 7-5 7-5 6-4 in intense heat at Flushing Meadows to reach the quarter-finals of the US Open.

After the controversy sparked by Security Secretary Sergio Berni’s remarks on foreigners who “come to Argentina to commit crimes”, the government has decided to launch a “round table” with NGOs to discuss migration policies.

FIBA World Cup: Argentina beat Philippines in agonising finish

The British government has said it deplored an Israeli decision to appropriate a large swathe of land inside the occupied West Bank, saying the move would seriously damage Israel's international reputation.

• Israel claims West Bank land

Prime Minister David Cameron today announced plans to strip suspected Islamist militants of their passports temporarily, to combat the threat posed by radicalized Britons returning from Syria and Iraq.

Joan Rivers’ loved ones said yesterday that they remain hopeful about her recovery three days after she went into cardiac arrest at a doctor’s office.

Heavy fighting between the Syrian army and Islamist rebels erupted today on the Golan Heights, where the militants have wrested control of a key frontier crossing which had been operated by the United Nations.

Javier Zanetti's Pupi Foundation team came out victors in a special Match for Peace organised by Pope Francis, winning 6-3 over Diego Maradona's Scholus thanks to three goals from Mauro Icardi.

• Maradona furious at Icardi appearance • Pope wishes "good luck" to players

The Interior Ministry today announced the new system to apply for a passport on the Internet is already online.


Dollar (Official price) DOLLAR (Official price) $ 8,370 $ 8,420
Dollar Blue price) DOLLAR ("Blue" price) $ 14,10 $ 14,20
Euro EURO $ 10,900 $ 11,350
Pound POUND $ 13,903 $ 13,986
Merval MERVAL $ 0,000 $ 0,00
Dow Jones DOW JONES $ 17.098,450 $ 0,11
Bovespa BOVESPA $ 0,000 $ 0,00
Full MARKET coverage HERE

Good and Bad news

Andrés Federman

Good and Bad news

Anything but war

Ivan Briscoe

Anything but war

Moyano strikes back

Martín Gambarotta

Moyano strikes back

Populists at play

James Neilson / As I See it

Populists at play

Away from  the extremes

Marcelo J. García

Away from the extremes

• World Trade

Argentine trade opportunities with Russia healthy but no panacea

• On Sunday

Brushing aside Socialist Dreams

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