Thursday
November 13, 2014
The Central Bank has informed it will start to publish the results of
their inspections to financial entities in their website, starting
from today.
Cabinet chief Jorge Capitanich spoke about the sanctions
received by six major global banks yesterday and likened it to the
recent government’s raids on brokerage firms and underground
foreign-exchange houses in the local market. “This takes place in
Argentina and, as you can see, in major countries,” he stressed.
• Regulators fine global banks $4.3 billion
The Buenos Aires province Lower House has approved the new
budget law for 2015, as well as an additional tax bill which estimates
public spending at 246.2 billion pesos and 30 percent rise in rural
and urban real-estate tax.
Cabinet chief Jorge Capitanich said that the bill to reform
the Criminal Procedural Code is open to the “democratic contribution
from all political sectors,” following the 40 amendments the project
received yesterday in the Senate Committee.
• Procedural Code gets 40 amendments
The Confederation of Industrial Unions of the Republic of Argentina
(CSIRA) led by SMATA’s Ricardo Punanelli and UOM’s Antonio Caló have
announced unions and business leaders will sign a joint document
reaffirming their “unconditional support” to the “industrial model
conducted by President Cristina Kirchner.”
As she gradually resumes activities following a week in hospital
where she was treated for a sigmoiditis condion - an inflammation of the
sigmoid colon -, President Cristina Fernández de Kirchner signed the
extension of Congress ordinary sessions till December 31st.
The Dow industrials closed at a record high today, boosted by
gains in Wal-Mart, but the S&P 500 was little changed as energy
shares tracked crude futures prices lower.
Internationally renowned Zen monk Thich Nhat Hanh, who in the 1960s
came to prominence as an opponent of the Vietnam war, is in intensive
care in France after suffering a brain hemorrhage, his official website
said.
By Federico Poore
Spanish telecommunications conglomerate Telefónica has emerged as
the clear winner of the media policies imposed by President Cristina
Fernández de Kirhcner.
• Digital Argentina: gov’t accepts key changes
Cabinet chief Jorge Capitanich said that president Cristina
Fernández de Kirchner is slowly returning to work after suffering from
sigmoiditis, an infection of the colon. Still resting at Olivos
presidential residence, Ms. Kirchner met with several officials to
discuss the main topics in the government's agenda.
Spain's former minister Rodolfo Martín Villa, one of the
Franco-era officials whose extradition was requested by Federal Judge
María Servini de Cubría, said that he wants to testify in Buenos Aires,
despite Spain’s refusal to carry out the extradition.
In case it hits financial trouble
“Anti-vulture” provisions will be included in Mexico’s latest
bond issuance in New York to keep speculators similar to the ones who
plagued Argentina after its 2001 default from targeting the country in
the event it hits financial trouble in the future.
The Vatican is working to install public showers in St.
Peter’s Square for homeless people to use, the papal almoner Bishop
Konrad Krajewski announced.
A German court has convicted four men of being members or supporters
of al Qaeda and planning a potentially lethal attack on German soil,
handing them sentences of up to nine years behind bars.
Prosector General of the Procelac economic crimes bureau Carlos
Gonella has vowed tightening controls on the financial market to combat
activities he considered “immodest.”
• Gov’t to tighten exchange market controls
The swap deal reached with China has allowed to put downward pressure
on the informal dollar leading to a significant drop in the parallel
rate, former president of the Central Bank Mario Blejer considered.
Mexican Finance Minister Luis Videgaray said that there would
likely be some impact on Latin America's No. 2 economy from protests
over the apparent massacre of 43 students abducted by police seven
weeks ago.
Israel and the Palestinians have pledged to take concrete
steps to calm tensions around Jerusalem's holiest site, US Secretary of
State John Kerry said today after talks in the Jordanian capital.
At least 35 people were wounded after two buses of the 96 line
crashed in the intersection of Avenida de Mayo and Berón de Astrada,
in Ramos Mejía, Buenos Aires province.
Sebastián Penco salvaged a point for Independiente as the Avellaneda
side drew 1-1 with neighbours Arsenal, but the result was not enough
for the Rojo to keep up with the front-runners in the Transition
Championship race with four games remaining of the season.
The issue of what to do with the expansion of the top division to 30
teams beginning in 2015 continues to divide football down the middle.
On one side of the debate, some of Argentina's most popular clubs such
as River Plate, Boca Juniors and San Lorenzo have demanded measures be
taken to reverse the bloated league as soon as possible.
Roger Federer annihilated Andy Murray 6-0 6-1 to seal top spot
in Group B at the ATP World Tour Finals and send the shell-shocked
home favourite crashing out of the tournament.
Former Brazil striker Pelé has undegone a procedure to remove
kidney stones that were obstructing his urinary tract, his doctors at a
Sao Paulo hospital said.
Italy's match against Argentina in Genoa has been brought
forward from Saturday to Friday, with kick-off scheduled for 3.15pm
local time, because bad weather is expected in the Liguria region, the
Italian federation announced.
Banks across the country remained closed to public today, in
the second day of a 48-hours strike launched by the Banking Association
(AB) to demand a raise in the income tax floor.
A massive explosion was registered in the Buenos Aires
province locality of General Rodríguez today when a warehouse full of
gas cylinders caught fire, forcing neighbours to be evacuated. Neither
dead nor injured people were reported. Attorney in charge of the
investigation Pablo Vieiro said the burst was "intentional."
A European probe that landed on a comet in a first for space
exploration is resting on the surface despite technical problems,
pictures beamed half a billion kilometres (300 million miles) back to
Earth have showed.
• Philae probe lands on comet
MARKETS ONLINE
CurrenciesBUYSELL
DOLLAR (Official price)
$ 8,470
$ 8,520
DOLLAR ("Blue" price)
$ 13,30
$ 13,40
EURO
$ 10,720
$ 11,240
POUND
$ 13,306
$ 13,385
Indices
MERVAL
$ 9.919,510
$ -1,51
DOW JONES
$ 17.652,790
$ 0,23
BOVESPA
$ 51.846,030
$ -2,14
Full MARKET coverage HERE
Michael Soltys / Senior Editor / Economic Outlook
The group Ancestral Mapuche Resistance (RAM) claimed
responsibility for a series of attacks on Neumeyer Mountain Shelter,
the Catholic Cathedral and Chile’s Consulate in Río Negro province and
called for a “political solution” to their claims. The group urged all
Mapuches to join them in the fight “against the real enemy (…) the
invaders, usurpers and destroyers of the (Mapuche) people.”
Thirty-seven percent of secondary-school students between the
ages of 15 and 18 report being victims of discrimination in the
education institution they attend, a report by a LGBT rights group
revealed yesterday.
By Alina Simone
Cosmologist Alex Vilenkin gave a lecture at the Hayden Planetarium in
New York earlier this year called “The Universe and Beyond.” After the
talk, my friends and I had the same reaction: “That was awesome! I
didn’t understand a thing.”
Argentina considering far-reaching modernization of BA Port
Momentous, historic, life-changing
Inside BuenosAiresHerald.com
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