Aerolíneas Argentinas Suspends Flights To Caracas Due To Security Fears
Aerolíneas Argentinas cancelled flights to Venezuela on the 10th and 12th as a preventive measure ahead of possible demonstrations against Venezuelan President Nicolás Maduro. The political and social conflict in Venezuela had its peak on Thursday with hundreds of thousand of people taking to the streets of Caracas demanding a recall referendum for President Nicolás Maduro. Aerolíneas Argentinas is hardly alone in suspending flights to Venezuela. There have been numerous cancellations this past few months due to economic difficulties in the country and security reasons, coming from Lufthansa, LATAM and Aeroméxico. Venezuela has the world’s highest inflation rate at 180% and there are shortages of basic goods as well as power shortages.
Source:The Bubble
September 05, 2016 19:41 UTC
Why Are Two US Prosecutors Snooping Around The Argentine Football Association?
At least two US prosecutors have been snooping around the Argentine Football Association’s headquarters in Buenos Aires since August 25, French news agency AFP and Clarín both confirmed this weekend. She is the person most closely associated with “FIFAGate,” the international corruption scandal which hit the governing body of international football in May last year, exacerbating an ongoing political crisis within the ranks of the Argentine Football Association. Meiszner, though now in disgrace, spent three decades at the head of Quilmes football club, whose stadium still bears his name, and was until recently both President of the Argentine Football Association and secretary-general of the South American Football Confederation CONMEBOL. American prosecutors may be particularly interested in Meizner’s close ties to Aníbal Fernández. Read more: Looks Like The Argentine Football Association Won’t Be Kicked Out Of FIFA After All
Source:The Bubble
September 05, 2016 19:30 UTC
Get Ready, Laptops May Be Getting A Whole Lot Cheaper In Argentina
The ultimate goal of the effort is to lower the cost of buying computers by no longer assembling them in Argentina. The government is adamant that this will not lead to mass firings because the workers will be reassigned to other products. This is good news for consumers: as anyone who has ever had the misfortune of having to buy a laptop, buying laptops in Argentina is way more expensive than many other countries in the world. By opening up the imports, the idea is that the domestic market will receive high-end laptops that are cheaper and better quality than those produced in the country. The government allegedly considers that the supply of good computers is essential for heightened productivity of businesses and individuals.
Source:The Bubble
September 05, 2016 18:56 UTC
Shock! Argentina Is Ranked Near Last Place Among Expat-Friendly Countries
It means that, according to the InterNations survey, in which 14,272 expatriates took part, Argentina is among THE WORST countries to be a foreigner — worse than Peru and almost as bad as Kazakhstan. The indices where Argentina does worst in are the Working Abroad Index and the Personal Finance Index, where it ranks 62nd and 63rd, respectively, out of 67 countries. Having a plethora of leisure options never seems to be an issue at least here in the City of Buenos Aires. And, hey, if you want to be healthy there’s tons of green spaces to get your running on plus the City of Buenos Aires government lends you bikes.) Read More: On “Survival Guides”: Falling In Love With Buenos Aires One Quilombo At A Time.
Source:The Bubble
September 05, 2016 18:45 UTC
The Data Is In: Yerba Mate Is Good For You
Drinking yerba mate is good for youAccording to Examine.com, an independent source of nutritional information with a team of health professionals analyzing the peer reviewed research on the subject feeling comfortable saying that there are positive indicators that yerba mate is a healthy tea with a unique composition of nutrients. Yerba mate also contains theobromine and theophylline at a ratio different than coffee and tea, which could be one of the factors behind its trademark “cleaner” energy buzz. It’s also pretty agreed upon that yerba mate has anti-inflammatory and antioxidant properties. It looks like yerba mate is pretty good for your heart. Moreover, according to another study, an increase in HDL-C (the “good cholesterol”) has been noted with regular mate consumption.
Source:The Bubble
September 05, 2016 18:45 UTC
Prosecutors Say CFK Should Be Questioned For Benefiting Lázaro Báez With Public Works
As we said, it consisted in concentrating the largest sum of state funds destined to public works in one place: Santa Cruz,” notes the request. The prosecutors allege that it’s likely at least some of this AR$16 billion ended up in the pockets of the former presidents’ family. Initially flagged for not paying taxes, later investigations refocused the case around an alleged money laundering scheme by businessman Lázaro Báez. Báez is currently behind bars and is awaiting trial for the “K Money Trail” case. Báez is also being investigated in the Hotesur and “K Money Trail” cases.
Source:The Bubble
September 05, 2016 17:48 UTC
The Five Most Shocking Videos Of Brazilian Police Violence Against Protesters
Some of the aggression was caught on video and has been making the rounds on social media since last night. Here is a small sample of the videos that recall some of the darkest times in Brazil’s history:Abuse of power. – Police car running over protesters as they run in São Paulo. The below video is from September 1 but continues to receive a lot of play on social media because it is so downright shocking. Even though protesters were left in the dark during a part of the protest (some say the Sao Paulo city government cut the power as protesters hit the Paulista-Rebouças Tunnel) protesters carried on and used lights from their mobile phones to guide the way.
Source:The Bubble
September 05, 2016 16:52 UTC
Macri Gets Lots Of Praise From World Leaders At The G-20 Summit
The G20 Summit taking place in China served to reassure President Mauricio Macri that he is set to position himself as a regional leader, as he received direct public praises from the heads of state of the United States, China and Spain. All three praises shared a common message: under his leadership, Argentina managed to “reinsert” itself into the world. Macri, on his end, assured that Argentina has made “revolutionary changes” to open up the country’s economy but called for “clear rules, long-term and low-cost financing” in order to achieve sustained economic growth. Moreover, when speaking before the other presidents during the session, Obama made a direct reference to Macri, calling him one of several presidents “who are taking the right measures,” including Indonesia and Italy. #G20 pic.twitter.com/hd1Au7osyM — Mauricio Macri (@mauriciomacri) September 5, 2016Earlier, he also held a meeting with Indian Prime Minister Narendra Modi and the two agreed to deepen bilateral ties between the countries.
Source:The Bubble
September 05, 2016 15:11 UTC
Weekend Roundup: Goodbye Plastic Bags, More Death Threats To Vidal
As of January 1, 2017, supermarkets in the City of Buenos Aires will no longer provide their customers with plastic bags. According to the City government, the plan is to reduce the number of plastic bags by 55 percent, or by 580 million. Over the weekend, a letter sent to the head of the Buenos Aires provincial police’s internal affairs department, Guillermo Berra, was revealed that allegedly outlined a police plot to kill Buenos Aires Province Governor María Eugenia Vidal and her Security Minister Cristian Ritondo. Fariña, who is under a witness protection program, received a message on his secret mobile phone number (i.e. He had first been diagnosed with cancer at 28, but survived until the age of 71.
Source:The Bubble
September 05, 2016 14:26 UTC
Cap on rental fees starts to take effect in City
A judicial ruling threatened punitive sanctions last week if real estate agents continued charging rates above the legal limit, often doubling or tripling them. Resolution 2,340, which was initially passed by the Buenos Aires City legislature in 2007, mandates that real estate companies can only charge a maximum 4.15 commission rate on a 24-month tenant contract. The real estate association president warned, though, that this could have some negative financial consequences on the more than 5,500 realtors in the city. Alba García, a realtor in the Buenos Aires City neighbourhood of Almagro, told the Herald that real estate companies were resorting to various methods to recover their losses. “We are increasing our advertising budgets, or shifting part of the commission rate charges to the owners, but it depends on each real estate firm,” she said.
Source:Bueno Aires Herald
September 05, 2016 03:00 UTC
Argentina to play without its king
Monday, September 5, 2016 Argentina to play without its kingBy Dan EdwardsFor the HeraldCoach Bauza looks for team to control both possession and tempoThe stories of Lionel Messi’s international demise, to paraphrase Mark Twain, were highly exaggerated, even if it was the Argentina captain himself that put them in motion. Tomorrow, however, Argentina will be without its king. Those two casualties were the only negative points of an Argentina debut which left plenty of credit for Bauza, often maligned as a defensive, safety-first coach. Bauza wants a team that will impose itself on the opposition, controlling both possession and tempo, and keeping play far from Sergio Romero in the Argentina net. The last time Messi dropped out of an Argentina squad, the team made a disastrous start to the World Cup qualifiers that has only now, a year later, been rectified.
Source:Bueno Aires Herald
September 05, 2016 03:00 UTC
Obama: Macri is example to the world
Monday, September 5, 2016 Obama: Macri is example to the worldUS president praises Argentine government for bucking protectionist trend at G20 summitHANGZHOU, CHINA —President Mauricio Macri got another big nod from up north yesterday, as US President Barack Obama highlighted him as one of the few national leaders setting an example for the world by going against a wave of protectionism gaining presence on a global scale, in a speech during the G20 conference. This occurred during an informal meeting held after the presidential group photo and the G20 inaugural speech given by Chinese President XI Jinping. Before the G-20 summit began yesterday, Macri met with Sun Yafang, the CEO of electronics company Huawei, a Chinese firm which specializes in electronic products and telecommunications equipment. Argentina’s ambassador to China, Diego Guelar, said Macri had been very well received at the conference. The common theme repeated were warnings over the “challenges to the global economy” that “low growth” in trade posed, with widespread questions about protectionism (see page 5).
Source:Bueno Aires Herald
September 05, 2016 03:00 UTC
What kind of person do people say you are?
Monday, September 5, 2016 What kind of person do people say you are? So how then can you work out whether you’re as good a judge of character as you think you are? If you’re an accurate forecaster of those folks’ behaviours, too, you’re more likely to be a good judge of character overall. This “at it” is that other activity the person is engaged in, which activity has textual reference, that is to say, it has to have been mentioned before. “needless to say” (11)This expression introduces such an obvious, self-evident idea, statement, situation that it doesn’t need to be expressed.
Source:Bueno Aires Herald
September 05, 2016 00:22 UTC
Carlos Bulgheroni, Argentina’s Richest Man Who Negotiated With The Taliban, Dies At 71
When Carlos Bulgheroni was 28 years old, doctors diagnosed him with cancer and said he only had five months to live. In the years since his first diagnosis, he and his brother, Alejandro, built a business empire based on the oil business that turned them into Argentina’s richest men. The Bulgheronis ended up selling 50 percent of Bridas to China’s influential state-owned oil company Cnooc in 2010 for US$3.1 billion. One of the most iconic photos of Carlos Bulgheroni shows him sitting in the desert, negotiating with the Taliban to build a pipeline through Afghanistan in 1994. The significance of that photo goes well beyond Argentina’s borders as it confirms how Carlos Bulgheroni effectively became the first Western business leader to negotiate directly with the Taliban.
Source:The Bubble
September 04, 2016 23:03 UTC
Prat-Gay: growth expected by the end of 2016
Sunday, September 4, 2016 Prat-Gay: growth expected by the end of 2016Finance Minister Alfonso Prat-Gay has announced that he expects the economy to begin growing again by the end of the year or in early 2017 while at the same time warning that “not sealing a social pact implies less economic growth and more inflation.”Prat-Gay, who has sparred with Central Bank Governor Federico Sturzenegger over the relative importance of inflation this week, told the La Nación daily yesterday that overall growth in the economy can be expected soon. That will certainly take place toward the end of this year or early next year. That means that, in the first half of the year, the economy fell by 1.3 percent, according to EMAE’s estimate. In light of that grim panorama, Prat-Gay yesterday said that there were four reasons to be optimistic for the economy. Just like we said four months ago, give me reasons to say that inflation is not going to fall.
Source:Bueno Aires Herald
September 04, 2016 03:00 UTC