Translation from English

Wednesday, August 12, 2015

Buenos Aires Herald

Wednesday
August 12, 2015
According to the Argentine Industrial Union (UIA), industrial production in the country has grown 2.4 percent in June compared to the same month last year, after 15 consecutive months of negative results.
The US dollar closed one cent up at 9.245 pesos in banks and foreign exchange agencies, while the "blue" parallel dollar rate was four cents higher in underground houses at 14.87, after ending with a slight rise yesterday.
US District Judge Thomas Griesa has called for a new hearing between the legal representatives of Argentina and so called “vulture” funds that are now seeking a ban on payments of the Bonar 2024 bonds.
María Delfina Rossi, the daughter of Defence Minister Agustín Rossi, has been appointed to head the Banco Nación following a resolution signed by President Cristina Fernández de Kirchner.

PRO leader tries to play down renewal front leader’s third-place

Macri, Massa reject calls to unite in opposition to gov’t

President Cristina Fernández de Kirchner was closely monitoring the flooding crisis in the Buenos Aires province and the work different agencies were carrying out in the affected localities, government sources said today.
Buenos Aires province Cabinet Chief Alberto Pérez announced Governor Daniel Scioli is heading back to Argentina to be “at the front” of all government efforts to assist the victims of the severe flooding hitting Argentina’s most populated district since last week.
Economy Minister Axel Kicillof and the head of the ANSES social security office Diego Bossio held a joint conference to announce further assistance to the victims of the flooding that has affected more than 10,000 since last week in Buenos Aires province.
The National Meteorological Service (SMN) was maintaining a strong winds warning with gusts expected to reach 70 km per hour, a weather condition likely to make the situation of those affected by the flooding in BA province even worst.
At least seven people died and 300 were injured today after a strong explosion rocked a port warehouse in the city of Tianjin, in Northern China, media reported. 
By Emily Flitter

The yuan has fallen almost 4 percent in two days since the central bank announced the devaluation yesterday, but sources involved in the policy-making process said powerful voices inside the government were pushing for it to go still lower.
Cabinet Chief Aníbal Fernández ratified statements by Central Bank governor Alejandro Vanoli, saying the devaluation of China’s yuan will affect Argentina’s economy “in nothing.”
• ‘BCRA not affected by devaluation of yuan’








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CurrenciesBUYSELL
Dollar (Official price)DOLLAR (Official price)$ 9,185$ 9,235
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EuroEURO$ 10,160$ 10,700
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Full MARKET coverage HERE


Free voting, creative counting

Marcelo J. García

Free voting, creative counting

Where anything goes

James Neilson / As I See it

Where anything goes


• World Trade

Union threatens to block Argentina’s trade if Deputy Harispe’s Bill is passed

• On Sunday

Buddhas, temples and heritage


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Director: Orlando Mario Vignatti - Edition No. 4577 - This publication is a property of NEFIR S.A. -RNPI Nº 5236549 - Issn 1852 - 9224 - Te. 4349-1500 - San Juan 141 , (C1063ACY) CABA 

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