Translation from English

Thursday, September 25, 2014

Buenos Aires Herald

Thursday
September 25, 2014
The so called "blue" dollar fell back 20 cents today to close at 15.75 pesos, even though the stock exchange dollar rate or MEP was up 23 cents at 14.70, and the blue-chip swap rate increased by 32 cents to close at 14.73 pesos.
• Blue dollar soars, closes at 15.95 pesos • Gov’t: 'blue' dollar climbs 'not related to macroeconomic perspectives'
Industry Minister Débora Giorgi has assured the Pro.Cre.Auto program was a “success” and announced the launch of the second stage of the plan, which aims to “re-vitalize demand and reduce sector layoffs and suspensions.”
A group of neighbours have attacked a police station in Rafael Castillo, La Matanza, after a 13 year-old boy was killed by a shot in the head by four criminals.
President Cristina Fernández de Kirchner landed minutes after 10 am in Buenos Aires City Aeroparque airport back from New York, where she addressed the United Nations (UN) General Assembly and Security Council yesterday.
Following a new record high of the so called “blue” dollar -that closed at 15.95 pesos yesterday-, cabinet chief Jorge Capitanich dismissed rumours that the government is encouraging importers to buy foreign currency in the parallel market. "It is a lie, a baseless rumour," he said.
Cabinet chief Jorge Capitanich rejected claims of currency restrictions in import/export operations and accused “some businessmen and bankers” of "seeking to evade the government’s control and supervision, jeopardizing the quality of life of the Argentine people.”
President Cristina Fernández de Kirchner used today's UN General Assembly to once more demand efforts from the United Kingdom to sit down and negotiate for the disputed Malvinas Islands, while criticising the system of the Security Council dominated by five permanent members.
The National Statistics and Census Institute (INDEC) has asserted that the Argentine economy grew 0.9 percent in the second quarter of 2014 compared to the previous three month period, overturning a trend of two consecutive quarters of negative growth.
Vicepresident Amado Boudou has filed an appeal against his indictment for the purchase of an Honda vehicle in the 90s with fake documents. He reiterated his claim that the crime was commited by the agents in charge of the car’s ownership transfer.
Colombia's government and leftist FARC rebels have released copies of previously unpublished agreements reached at peace talks to end five decades of war, providing a glimpse of accords that could make up a final deal.
Following the opening remarks by UN Secretary General Ban Ki-moon, Brazil’s president Dilma Rousseff was the first head of state to address the General Assembly today. She called for a “relaunching of global economy” and a “true reform” of the UN Security Council.
By Stan Lehman
Life may still be tough for millions of poor Brazilians — but it’s also never been better. And that’s the key for President Dilma Rousseff’s re-election bid.
Angela Markel’s administration attempted to lower tensions with the Argentine government today, after controversial statements made by German Finance Minister Wolfgang Schauble regarding the so called vulture funds conflict.
• Gov't fires back at ATFA and German official
Iraq has received "credible" intelligence that Islamic State militants plan to launch attacks on subway systems in Paris and the United States, Iraqi Prime Minister Haider al-Abadi said today.
• US strikes IS while winning more pledges • France strikes IS in Iraq
Iran President Hassan Rouhani blamed the rise of the Islamic State group and other militants on "certain intelligence agencies", saying the solution to stopping them must come from the Middle East region itself and not the West.
• Obama to the UN: 'IS must be destroyed' • Germany: 'Close to nuclear deal with Iran'
The prime minister of the Kiev government accused Russia of attempting to freeze Ukraine in the coming winter by using natural gas as a weapon to subjugate the former Soviet Republic.
Eric Holder is stepping down but has agreed to stay on until a successor is named and confirmed.
The Avellaneda side beat Boca 2-1 in a match for the seventh round of the Transition tournament played at La Bombonera. Meanwhile, River achieved a 1-1 tie against Arsenal.
AFIP national tax bureau has received from France a list of 3.900 Argentine nationals or residents with accounts in HSBC Bank in Switzerland and now seeks to demand payment for undeclared money.
US stocks ended with sharp losses today, with the S&P 500 suffering its biggest one-day decline since July, as Apple tumbled and the dollar rose to a four-year high.
In tune with president Cristina Fernández de Kirchner's criticism about the US-led “war on terrorism” at the UN yesterday, Foreign Ministry Héctor Timerman said that “democracy is not imposed by bombing countries” and pointed out that the UN has “not authorized any military operation” against the Islamic State.
The government announced that airlines for both commercial and non commercial flights will be required to deliver further information of its passengers to the National Migrations Office, the AFIP tax bureau, Airport Police and Civil Aviation National Administration.
New York district judge Thomas Griesa has asked Argentina to show cause and explain why the country should not be declared in contempt, following its decision not to pay holdout investors full amount for their defaulted bonds as the judge’s ruling ordered on August 8.
Pope Francis has dismissed a conservative Paraguayan bishop who was accused of protecting a priest suspected of sexually abusing young people in the United States, the Vatican said today.
Anahí Berneri’s movie Aire libre, the searing portrait of an unsolvable marital crisis, yesterday entered the official competition of the 62nd edition of the San Sebastián Film Festival. Starring Celeste Cid and Leonardo Sbaraglia as the young couple going through the process of conjugal dissolution, Aire libre drew a mixed response from festival audiences and critics.





MARKETS ONLINE

CurrenciesBUYSELL
Dollar (Official price) DOLLAR (Official price) $ 8,390 $ 8,440
Dollar Blue price) DOLLAR ("Blue" price) $ 15,65 $ 15,75
Euro EURO $ 10,900 $ 11,350
Pound POUND $ 13,692 $ 13,774
Indices
Merval MERVAL $ 12.155,210 $ -0,83
Dow Jones DOW JONES $ 16.945,800 $ -1,54
Bovespa BOVESPA $ 55.962,080 $ -1,52
Full MARKET coverage HERE





Blue and red, a litmus test

Michael Soltys / Senior Editor / Economic Outlook

Blue and red, a litmus test

United (?) Kingdom

Andrés Federman

United (?) Kingdom



A Colombian legal tribunal has ordered 11 companies to halt gold-mining operations in a 50,000-hectare (124,000-acre) reserve in the northwest of the country and return the land to the native tribe that previously lived there.

The ceremony was held at the ambassador’s residence, it is part of 100th year anniversary celebrations

British-Argentine chamber awards sustainable leadership prizes

The British-Argentine Chamber of Commerce awarded the CCAB sustainable leadership awards to mark its 100th anniversary in a reception held at the British ambassador’s residence Monday night.
A Syrian woman with a hidden camera filmed life in the city of Raqqa under the control of the Islamic State (IS).

By Kat Waldman
I would like to dedicate this article about narcissism to a very special person: me. Dedicating a story about narcissism to yourself is a pretty clever idea. I didn’t think of it. Jeffrey Kluger did, in his new book The Narcissist Next Door: Understanding the Monster in Your Family, in Your Office, in Your Bed — in Your World.

• World Trade

‘Argentina’s legal framework must adapt to include the logistics concept’

• On Sunday

Secessionist fever

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