January 22, 2018
Friday, June 16, 2017

In brief

Mercadolibre: First Argentine company to join Nasdaq

The Nasdaq stock market announced on Monday that e-commerce company MercadoLibre will replace Yahoo! Inc on their index next week on June 19, becoming the first Argentine company to form part of the Nasdaq 100. Mercadolibre has a market capitalisation of an estimated US$12.4 billion. The e-commerce giant, which has its main headquarters in Buenos Aires, will be given MELI as its stock symbol. Mercadolibre is the main online retailer in Latin America, with each of its shares worth US$275. It has operations in 15 different countries in Latin America.

Portugal and Argentina agree to new flights beginning April

Portugal Prime Minister and Transport Secretary Guillermo Dietrich signed an agreement on Monday adding new flight connections that would permit Aerolíneas Argentinas airline to fly to Lisbon, Bilbao, Vigo and La Coruña via Madrid and Palma de Mallorca via Barcelona. The new flights will begin on July, 2017. The agreement, which was made with the AirEuropa airline, permits both companies to partner up on routes shared between Spain and Argentina.

Ex-ESMA visit tour

The Museum of Memory (formerly the ESMA Officers’ Quarters) is organising a tour on Saturday, June 24, in commemoration of the 40th anniversary of the forced-disappearance of journalist Enrique Raab. Writers María Moreno and Máximo Eseverri, who collaborated on a book about Raab, will lead the tour along with journalist Diego Trerotola. Raab was a well-known journalist who was kidnapped on April 16, 1977 and held in the ESMA. He is one of the the 173 press workers who were victims of the last military dictatorship (1976-1983). He worked for La Razón, Clarín and the La Opinión newspapers. Raab was politically active in the PRT Revolutionary Workers’ Party and was kidnapped with his significant other, Daniel Girón, who was later released a week later.

Judge rules in favour of repressors, cites ‘2x1’ supreme court ruling

La Plata Federal Judge Alejandro Daniel Esmoris ruled in favour of releasing two repressors serving sentences for crimes against humanity, basing it on the controversial 2x1 Supreme Court ruling. The early release request, submitted by former prison guards Ramón Fernández and Abel Dupuy both who were convicted to a 25-year prison sentence in 2010, had been accepted by Emoris who was acting as a substitute Judge in Federal Courthouse 1. However, the repressors won’t be immediately released since the prosecutors appealed the decision. “This demonstrates that if the court doesn’t make a rapid decision in reversing the effects of the illegal ruling it made, the consequences of the 2x1 will still be in effect,” said lawyer Guadalupe Godoy.

Córdoba passes bill preventing future bus driver strikes

Córdoba province’s legislature approved a bill that would declare public transport an “essential service” in the midst of a dispute bus transport companies and bus drivers that resulted in a 10-day strike and 158 drivers being fired from their jobs. The strike was lifted this week by the UTA transport union in response to the lay-offs, in order to negotiate the reincorporating of their fellow employees who had been fired. The law was passed in response to the labour conflict that involved four Córdoba city bus companies and their employees over wage hike negotiations. At least half a million commuters were affected by the 10-day strike.

BA province teachers strike

The Buenos Aires province’s teachers’ unions held their 17th strike of the year on Wednesday, accusing Governor María Eugenia Vidal’s administration of not being willing to negotiate salaries. At the same time, Vidal promised to continue to discuss the issue with the aim of resolving the conflict. Government authorities had offered a 21 percent wage hike in two quotas, with a clause that would permit an increase depending on inflation, and an additional 2,000 pesos for the loss of purchasing-power in 2016.

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Edition No. 5055 - This publication is a property of NEFIR S.A. -RNPI Nº 5343955 - Issn 1852 - 9224 - Te. 4349-1500 - San Juan 141 , (C1063ACY) CABA - Director Perdiodístico: Ricardo Daloia