IMF To Visit Argentina In September For First Time Since 2006
The International Monetary Fund (IMF) is set to visit Argentina in September on a consultation mission for the first time in 10 years in order to evaluate the country’s economic policies and investigate the country’s economic outlook. IMF representatives will arrive in the country on September 19th and will stay for 13 days. Once they leave the country, the reports will go directly to the head of the IMF, Christine Lagarde, and its contents could be assessed in November. Back in January, Macri and Finance Minister Alfonso Prat-Gay said they would be opening Argentina’s doors to IMF audits once again. The IMF already sent a Technical Mission to Argentina in June this year to evaluate the quality of the official Consumer Price Index (CPI) and Gross Domestic Product (GDP) data.
Source:The Bubble
August 22, 2016 16:18 UTC
Sorry, Porteños: The Subte Isn’t Following London’s ‘Night Tube’ Lead
Londoners rejoiced over the weekend as the Tube operated around the clock for the first time. Trains running every 10 minutes between 12:30 AM and 5:30 AM meant drunken revelers could afford that extra pint at the bar, knowing they wouldn’t have to shell out cash for a cab. Porteños have taken to Twitter to express their frustration that the City isn’t following London’s lead:@bamovilidad Uds que quieren ser primer mundo, copien esto: Subte 24 horas los fines de semana!! https://t.co/yHC9UuHa8C — Santi (@Santi5150) August 16, 2016“If you want to join the first world, copy this: Keeping the Subte open 24 hours on the weekend!”Londres avanza con servicio 24 horas para el Subte. RT https://t.co/HUX8lUPj1F — maximiliano ferraro (@Maxiferraro) May 23, 2016“London now offers 24-hour service on its Tube.
Source:The Bubble
August 22, 2016 15:11 UTC
Was The Now-Fired Customs Chief Victim Of A Set Up? He Sure Thinks So!
Federal Judge Ariel Lijo and Prosecutor Guillermo Marijuán are now tasked with investigating the claims. Until all that is cleared up, Javier Zabaljauregui, the Deputy General Director of Customs Control, will be taking over. In an interview with Clarín on Sunday, Centurión assured he was “victim of a mob-like operation” involving former intelligence officers. They want to take down an official and a team who are investigating issues that have upset a lot of powerful people. Everyone hated the system and the World Trade Organization (WTO) even criticized it, saying it was too restrictive on imports.
Source:The Bubble
August 22, 2016 14:48 UTC
Weekend Roundup: Argentine Head Of Customs Fired And ‘Cristileaks’
If you missed it, here’s a taste of the weekend’s biggest international distraction:PM Abe appears at Rio closing ceremony dressed as Mario. let’s get into what happened over the weekend in case your comment on Prime Minister Abe falls flat. The Head of Argentine Customs (DGA) Juan José Gómez Centurión was fired last Friday over suspicions of corruption. The corruption was allegedly committed during former Victory Front (FpV) presidential candidate Daniel Scioli’s time as governor of said province. Read more: Argentina Gives Best Olympics Performance Since 1948Go forth and show yourselves to be well informed, my loyal Monday readers!
Source:The Bubble
August 22, 2016 14:15 UTC
Off Season Fun: Colonia Del Sacramento In 48 Hours
There’s something about Colonia del Sacramento that makes you want to linger. Just across the Río de la Plata from Buenos Aires, Colonia beckons porteños and visa-renewing foreigners curious expats to Uruguay. Getting ThereImpressively intact, this modern-day/old-world city is just an hour from Buenos Aires. But once aboard the ferryboat, sit back and relax – you’re en route to visiting one of Buenos Aires’ breeziest neighbors. Climb to the top of the Faro de Colonia del Sacramento ($U25) for a 360-degree vista of the city.
Source:The Bubble
August 22, 2016 13:18 UTC
Troika seeks to relaunch EU at Italy summit
Monday, August 22, 2016 Troika seeks to relaunch EU at Italy summitGerman Chancellor Angela Merkel (centre), taly’s Prime Minister Matteo Renzi (right), and French President François Hollande (left), leave a press conference during a meeting at the chancellery in Berlin. The location for today’s summit carries particular resonance as Europe confronts Islamic extremist violence, slow economic growth and continued anxiety over the implications of the Brexit vote. Today’s mini-summit will serve as a warmup for an EU-wide summit in Bratislava in September designed to chart the EU’s post-Brexit way forward. According to recent Eurostat figures, growth was flat in Italy in the second quarter, compared with 0.4 percent growth in the EU. Youth unemployment was even worse: 36.5 percent in Italy, exceeded in the EU only by Spain, and nearly twice as high as the EU average of 18.5 percent.
Source:Bueno Aires Herald
August 22, 2016 03:11 UTC
Huge protest in Chile against private pensions
Monday, August 22, 2016 Huge protest in Chile against private pensionsDemonstrators take part in a march demanding changes to the national pension system in Santiago, yesterday. Under the current system, which was started in the 1980s during the dictatorship of general Augusto Pinochet, six private pension funds, known as “AFPs,” manage some US$160 billion in assets. Opponents of Chile’s private pension system say it forces workers to give their earnings to for-profit funds that do not ensure a dignified old age for all Chileans. But the protesters said they wanted the current system totally dismantled. Pinochet-era planCitizens are upset over the private pension system that has regularly paid out pensions under the minimum wage, currently set at just over US$380 a month.
Source:Bueno Aires Herald
August 22, 2016 03:11 UTC
Peronist unions and Macri: a year of criticism but no strikes
Government and cgt remain on negotiating terms Monday, August 22, 2016 Peronist unions and Macri: a year of criticism but no strikesPresident Mauricio Macri’s relationship with Peronist trade unions has had its ups and downs — but as president it’s been a much more quiet one than what a casual observer would expect, given their different ideological backgrounds. That protest did not include a walkout either, in contrast to industrial action that took place during the last year of Cristina Fernández de Kirchner administration. While Moyano, Caló and others have sometimes spoken critically of Macri and suggested that a general strike could be on the cards, such a move never actually took place so far. The continued flow of state funds to union-run healthcare schemes, instead, has been central in keeping Macri and the Peronist unions on the same page. Unionists also see a good relationship with Macri as important, some say in order to avoid the close scrutiny that potential corruption cases, involving some of their representatives, could bring.
Source:Bueno Aires Herald
August 22, 2016 02:48 UTC
Rosenkrantz joins Supreme Court, resetting its alignment
Days after hikes ruling, Two of President’s nominees now sit on the nation’s highest tribunal Monday, August 22, 2016 Rosenkrantz joins Supreme Court, resetting its alignmentMauricio Macri’s Supreme Court nominee Carlos Rosenkrantz will be sworn-in at the nation’s highest court today, expanding the number of sitting judges to five and potentially altering its composition in the president’s favour, just days after his government was handed a major setback by the same court. But with the new Supreme Court justice’s swearing-in, this chapter has been finally closed. On March 15, Rosenkrantz’s appointment to Supreme Court passed the Senate’s Appointments Committee. There were also calls to expand the number of justices on the Supreme Court. The two main objections to Rosenkrantz’s appointment was his having litigated for the Clarín Group against the State, and for having initially accepted this appointment as a Supreme Court justice via presidential decree.
Source:Bueno Aires Herald
August 22, 2016 02:48 UTC
Coaching, the hardest job in the country
OPINION Monday, August 22, 2016 Coaching, the hardest job in the countryBy Dan EdwardsFor the HeraldRacing’s Facundo Sava becomes first casualty before start of seasonThe Olympic Games extravaganza in Brazil was not the only place in the last week where one could witness a false start. Now the club must start from scratch, with a new man taking over a talented but underachieving group of players. That job insecurity goes a long way towards explaining why the average club values results over playing style, with three defeats almost guaranteeing a change of coaching personnel at any stage of the season. Chances are that the number will be even smaller by the mid-season break in December, as the coaching merry-go-round starts powering up for another busy year of action. Forget politics, or running a top business — running the gauntlet as a Primera División coach is undoubtedly the toughest job going in Buenos Aires and beyond.
Source:Bueno Aires Herald
August 22, 2016 02:48 UTC
Dissent undermines CGT unification
Monday, August 22, 2016 Dissent undermines CGT unificationMultiple leaders from influential labour grouping set to give today’s congress the cold shoulderThe long-awaited unification of the CGT umbrella union, which was intended to put an end to internal dissent in the highly influential labour grouping, looks set to be overshadowed today as many leaders are expected to give the crucial summit the cold shoulder. Venegas, much of whose power lies in his leadership and influence over the so-called 62 Peronist Organizations, is seen by others in the CGT as answering to Macri. The rural workers’ leader met the president at the most recent Rural Society fairgrounds exhibition and was full of praise for the government, in contrast to a more critical or ambivalent approach from other CGT leaders. Last-minute negotiationsBoth the MASA and the Venegas group are expected to abstain from voting for the incoming triumvirate, but those aligned with the triumvirate are making last-minute efforts for a change of heart. Other negotiations include what the wording of tomorrow’s CGT documents will be, with bank clerks’ unionist Sergio Palazzo calling for a strongly-worded critique of the current socio-economic situation.
Source:Bueno Aires Herald
August 22, 2016 02:48 UTC
Rio de Janeiro bids farewell to 2016 Games
Olympics — Closing ceremony Monday, August 22, 2016 Rio de Janeiro bids farewell to 2016 GamesGold medal winner judoka Paula Pareto bears the Argentine flag during the parade at the closing ceremony. But two late gold medals for the host country in its two favourite sports — men’s soccer and volleyball — helped smooth some of the rough edges around the Games for Brazilians. The first Refugee team in Olympic history, one of the biggest crowd-pleasers of the Games, marched in behind the Olympic flag, carried by a Congolese judoka and Rio resident. Paula Pareto, winner of the Olympic gold in judo in the under-48kg category, was the Argentine flag bearer. And US gymnast Simone Biles, the US flag bearer in the closing ceremony, kicked off her Olympic run by tying the record of four gold medals in a single Games.
Source:Bueno Aires Herald
August 22, 2016 02:48 UTC
Life after Rio 2016
Tonight, the 17 days of the Rio Games conclude. In the months leading up to the Olympics, athletes are defined by their preparation and sacrifice. “Everything I did, I did with the idea of going to the Olympics and winning,” Boudia said before the Rio Games began. In his book “Greater Than Gold,” released as the Rio Games opened, he revealed that he contemplated suicide. “I’ve already had [Rio] Olympic athletes calling me and saying, ‘I need to come in and talk.
Source:Bueno Aires Herald
August 21, 2016 03:54 UTC
Seven Days
Sunday, August 21, 2016 Seven DaysBy Michael Soltys / Senior EditorLAST WEEKEND. Energy Minister Juan José Aranguren is grilled in Congress over utility pricing. An Olympic gold in yachting for cancer survivor Santiago Lange and Cecilia Carranza. Attorney General Alejandra Gils Carbó broadly anticipates the next day’s Supreme Court ruling by stipulating prior public hearings. The Leones hockey team win Argentina’s third gold medal in Rio de Janeiro, beating Belgium 4-2.
Source:Bueno Aires Herald
August 21, 2016 03:54 UTC
Old-time demands are back
Sunday, August 21, 2016 Old-time demands are backBy Julio BurdmanObservatorio ElectoralInflation, crime are top main worriesAfter a first half of the year when corruption allegations against Kirchnerite leaders were a priority for the public opinion, something began to change. If we compare these figures with June, we can see how old-time demands gained ground in the concerns of society. In the 1980s, surveys made by pioneer pollsters like Edgardo Catterberg showed that democracy was also a major social concern, besides economic welfare. If the social concern about corruption is fading and thus normal demands rising, then the political agenda needs some sort of adjustment. The other says that a saturation of the public with the corruption issue lets the old-time demands back in.
Source:Bueno Aires Herald
August 21, 2016 02:37 UTC