October 24, 2014

President Cristina Fernández de Kirchner 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 appeal over BoNY payment

Argentina received less foreign direct investment than any other country in the region in the first half of the year. In fact, the country’s net foreign direct investment (FDI) was not just low — it was negative.

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.

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.

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.

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”.

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.

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.

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’

European shares pared early losses as investors bet the fallout for the banking sector from stress test results due on Sunday should be contained, and took a more measured view of NY's first case of Ebola.

Dr. Craig Spencer has been placed in a quarantined unit at Bellevue Hospital, six days after returning from Guinea, renewing public jitters about transmission of the disease and rattling financial markets.

• Doctor in NY tests positive for Ebola • First case of Ebola confirmed in Mali

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 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.

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 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

By Luciana Bertoia

The year’s most high-profile legal battle will officially end in a big nothing today when the charges for malfeasance against Saavedra and Núñez prosecutor José María Campagnoli expire.

By Santiago Del Carril

Catholics should hand over any information they have about the missing children of people who were disappeared during the last military dictatorship, a leader of the Argentine Catholic Church has said.


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 $ 0,000 $ 0,00
Dow Jones DOW JONES $ 16.677,900 $ 0,00
Bovespa BOVESPA $ 51.263,100 $ 1,08
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

Seven days of wishes and jokes

Mempo Giardinelli

Seven days of wishes and jokes

Green border


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

• World Trade

Argentina adopting measures to reaffirm river and sea sovereignty

• On Sunday

How the British doomed Hong Kong

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