December 19, 2014

The INDEC statistics bureau has revealed the Argentine trade surplus fell 34 percent in November, compared to the same month of 2013.

The president of the Central Bank of the Argentine Republic (BCRA) Alejandro Vanoli told the press catastrophe-like scenarios in the country’s economy have been dismissed by “several sectors.”

Questioning private-sector analysts who forecasted a peso currency devaluation for the second semester of the year Cabinet Chief Jorge Capitanich compared Argentina’s fiscal deficit with other economic results such as those of the United States and Brazil.

• ‘Private-sector corruption affects development’

Argentine ambassador to the United Kingdom Alicia Castro has accused London of “celebrating war” as a decision by British Primer Minister David Cameron to unveil a statue of late Margaret Thatcher in the disputed Malvinas Islands prompted strong condemnation from Buenos Aires.

• CFK to UK: copy US-Cuba thaw

The US dollar closed unchanged at 8.565 pesos in BA City banks and foreign exchange offices. Greenbacks in the parallel market lost five cents.

US stocks extended gains for a third session, giving the S&P 500 its best weekly performance in nearly two months as energy shares continued to rebound.

The US government has blamed North Korea for a devastating cyberattack against Sony Pictures, calling it an unacceptable act of intimidation and vowing to impose "costs and consequences" on those responsible.

By Fermín Koop

Russia’s current economic woes could end up benefiting Argentina with an increase in both grain exports and the price of commodities, which have steeply dropped over the past few months.

• Putin vows 'rebound' but no measures • Russian ruble weakens after Putin speech

Three former officers and a prison guard

Four life sentences in El Vesubio case

By Santiago Del Carril



Dollar (Official price) DOLLAR (Official price) $ 8,515 $ 8,565
Dollar Blue price) DOLLAR ("Blue" price) $ 13,00 $ 13,10
Euro EURO $ 10,720 $ 11,270
Pound POUND $ 13,309 $ 13,387
Merval MERVAL $ 8.022,150 $ 1,68
Dow Jones DOW JONES $ 17.804,800 $ 0,15
Bovespa BOVESPA $ 49.650,980 $ 2,38
Full MARKET coverage HERE

By Peter Hakim

US President Barack Obama has inverted US policy on Cuba. His Wednesday speech adopted the proposals of those who have spent a half-century arguing for a rethinking of Cuba policy. The president recognized Washington’s failure to achieve its goal of bringing political and economic openness to Cuba.

• Evo Morales: ‘Cuba bowed the US’ • Francis ‘happy’ for rapprochement • 'Obama recognised Cuba policy failed'

That elusive ‘double’

Eric Weil / Sportsworld

That elusive ‘double’

Unhappy old year

Michael Soltys / Senior Editor / Economic Outlook

Unhappy old year

The aftermath of evil


• World Trade

Yuan has real shot at IMF blessing on reserve status

• On Sunday

'Nothing will change'

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Director: Orlando Mario Vignatti - Edition No. 4345 - This publication is a property of NEFIR S.A. -RNPI Nº 5177376 - Issn 1852 - 9224 - Te. 4349-1500 - San Juan 141 , (C1063ACY) CABA