Wall Street slips as investors await election outcome

US stocks opened slightly lower on Tuesday as Americans headed to vote for their next president, with the odds in favor of Democrat Hillary Clinton. The Dow Jones Industrial Average was down 20.34 points, or 0.11 percent, at 18,239.26. The S&P 500 was down 3.92 points, or 0.18 percent, at 2,127.6. The Nasdaq Composite was down 9.92 points, or 0.19 percent, at 5,156.25.

November 08, 2016 14:53 UTC

New York police officer fatally shot in Bronx shooting

Tuesday, November 8, 2016 New York police officer fatally shot in Bronx shootingA New York City police sergeant was fatally shot and a second officer was wounded in the Bronx on Friday by a heavily armed robbery suspect who was killed in the exchange of gunfire, according to authorities and local media. He was the first city police officer killed while on duty since October 2015. One officer approached the vehicle and was shot in the face by the suspect, The New York Times reported. Local media reported that the sergeant who was killed was 40 years old, and the other officer shot was 30. In May 2015, Officer Brian Moore was fatally shot while on patrol in an unmarked car in the borough of Queens.

November 08, 2016 14:47 UTC

Party dominance in Congress at stake, Senate in play

Republicans entered the election with 54 seats, led by Kentucky's Mitch McConnell, versus the Democrats' 44 seats and two independent seats. Key Senate races:Arizona - Republican Senator John McCain, 80, faces an unexpectedly strong challenge from Democratic U.S. Representative Ann Kirkpatrick, 66. Indiana - Democrat Evan Bayh, 60, is trying to recapture his Senate seat, facing Republican Representative Todd Young, 44. Bayh or Young will replace Republican Senator Dan Coats, who is retiring. Illinois - Republican Senator Mark Kirk is trying to fend off a challenge from Democratic Representative Tammy Duckworth.

November 08, 2016 14:38 UTC

Trump says he is 'last chance,' Clinton sees 'moment of reckoning'

In Iowa, Trump said he was the "last chance" to fix immigration and trade. Supporters near Pittsburgh booed a song by musician Bruce Springsteen, who is set to campaign with Clinton on Monday night. As rocker and guitarist Ted Nugent warmed up a Trump rally in a Detroit suburb, he grabbed his crotch. "By the way, my language is much, much cleaner, as you know, than Jay Z," Trump said at the same event. Trump has criticized crude language in a Friday night concert that rapper Jay Z and his wife, Beyonce, held for Clinton in Cleveland.

November 07, 2016 21:27 UTC

Israel says 'no' to Middle East peace conference in Paris

Israel on Monday formally rejected France's invitation to take part in a Middle East peace conference in Paris later this year, saying it was a distraction from the goal of direct negotiations with the Palestinians. There was no immediate comment from Vimont but the French foreign ministry said it still planned to hold the conference before the end of the year. The Palestinians have said they will attend the Paris conference if it goes ahead. Israel, which regards the United States as the chief broker in the Middle East, has long maintained that only direct negotiations with the Palestinians can lead to peace and sees France's efforts as a diversion. Israel says an international conference will also give Palestinian President Mahmoud Abbas a platform on which to grandstand, rather than engaging directly with the Israelis.

November 07, 2016 16:30 UTC

Janet Reno, first US woman attorney general, dies aged 78

Janet Reno, the first woman US attorney general who served eight tumultuous years with President Bill Clinton, has died aged 78. Reno's goddaughter, Gabrielle D'Alemberte, said she succumbed to complications of Parkinson's disease early on Monday in Miami. The blunt-spoken lawyer worked as the top US law enforcement official under Clinton from 1993 to 2001, becoming the longest-serving attorney general of the 20th century. Just weeks into the job, she authorized the deadly 1993 raid on the Branch Davidian cult compound at Waco, Texas. She always said she made decisions based on evidence and the law.

November 07, 2016 16:30 UTC

Clinton and Trump chase last-minute support

Democrat Hillary Clinton and Republican Donald Trump crisscrossed the country on Monday as they raced to sway undecided voters in a tight US presidential race that has Clinton with a narrow lead according to opinion polls. With only one day left before Election Day, the Clinton campaign was boosted by Sunday's unexpected FBI announcement that it stood by its July decision not to press any criminal charges in an investigation of Clinton's email practices. A Fox News opinion poll on Monday had former Secretary of State Clinton leading Trump, a wealthy New York real estate developer, by four percentage points among likely voters. Major bookmakers and online exchanges were more confident than public opinion polling that Clinton will win Tuesday's election. Predictit put Clinton's chances of capturing the White House at 81 percent.

November 07, 2016 16:25 UTC

Wall Street soars ahead of US election

Wall Street surged on the eve of the US presidential election, with Democratic nominee Hillary Clinton's prospects brightening after the FBI said it would not press criminal charges against her over the use of a private email server. The iShares MSCI Mexico ETF, known of late as the "Trump ETF," soared 5.12 percent and notched its best day in more than five years. The exchange-traded fund is viewed as a barometer for expectations that Republican Donald Trump could win the election since his policies are considered negative for Mexico. While polls last week showed Trump had been closing the gap, at least five major polls on Monday showed Clinton still had the lead in the race for the White House. Wall Street had closed lower for nine days in a row through Friday, its longest losing streak in more than 35 years.

November 07, 2016 15:38 UTC

Austria at a turning point

If Austria received 120,000 refugees last year, it has recently sent 12,000 newcomers back to Germany with a further 3,000 stranded in Austria, Brandstetter replied. In general, Brandstetter feels that the Mauricio Macri administration is on the right track. In part his reasons were personal, Brandstetter replied — his family was anti-Nazi and his father a conscientious objector to military service. But there was also a need to remind the younger generations of this dark chapter of Austria’s history — the birthplace of Adolf Hitler needs to come to terms with its past. At the close of the interview held just around the corner from the Recoleta Cemetery, Brandstetter expressed a keen interest to see Eva Perón’s grave.

November 04, 2016 18:18 UTC

United States braces for furious few days of campaigning

“We are going to win back the White House,” Trump told supporters gathered in the sweltering sun in Orlando. Clinton told workers in Las Vegas. A Democratic nominee for president has not won Arizona since Bill Clinton in 1996, but polls show a competitive contest there. Fundraising appeals have asked Clinton supporters to “have her back” at a difficult time. The tension was particularly acute in Miami, where the usual buffer zone between supporters and the travelling press was missing.

November 04, 2016 17:59 UTC

Steak with a silver spoon

So, cash bursting from your pockets, head to the Alvear Palace’s La Bourgogne for steak with a silver spoon. The upshot is a legit meat experience that’s served on the best china and sliced up with silver cutlery. A saucy trio comprising chimi, salsa criolla and Bearnaise form part of the line up, naturally in silver gravy boats. Splendid steak, bathed in delicious smoky aromas, with grilled seasonal veg though not even I had the gall to suck on that bone AT THE ALVEAR. Links’ rib-eye — basically my steak but off the bone — was declared “lovely,” the smoke once again integral.

November 04, 2016 17:50 UTC

“What does your wife do?”

Friday, November 4, 2016 “What does your wife do?”By Liliana PalermoFor the HeraldDouble Income, No Happiness(1)This question was probably a bit out of place not that long ago. In an era when we are expected to go above and beyond (10) for our jobs, our personal lives are suffering. Allowing some flexibility in the workplace is so important to help us maintain healthy personal lives. Marooned holdouts in quake-hit Italian town liken life to “stone age.”“rub the boss the wrong way” (9)It is a common belief that if you rub the wrong way on a cat’s fur, you annoy it because it doesn’t like that. He was known as a bad player who used to rub executive board members the wrong way.

November 04, 2016 17:49 UTC

Why Argentina Should Keep Public Universities Free for Foreign Students

Argentina’s universities have become particularly attractive to students from Chile and Colombia, both of which have been plagued by high tuition fees. With the scathingly sarcastic title “Argentina: a generous country”, Lanata lambasted foreign students as freeloaders, mooching off Argentina’s public funds to the tune of, by his calculations, $360m (pesos) per year. On a regional level, Argentina’s universities perform quite well; the UBA consistently places at the top of rankings of Latin American universities. And, as is the case with Germany, free tuition coincides with lower inequality rates in Argentina relative to other countries in the region. Argentina’s background, as a country that has traditionally welcomed and accommodated foreign students, is a powerful statement about this identity; putting up obstacles to foreign students wishing to study here would be a grave threat to it.

November 04, 2016 17:06 UTC

The government is revamping the fight against money-laundering

Friday, November 4, 2016 The government is revamping the fight against money-launderingBy Pablo WaisbergFor the HeraldThe UIF watchdog seeks to relax the controls on evasion and thus offer tax reliefThe UIF (Unidad de Información Financiera) watchdog against money-laundering is advancing towards a policy aimed at excluding tax evasion as a crime linked to money-laundering. The prosecution of tax evasion is not the same in every country with Argentina being one of the most advanced. “We have a problem because international standards require that evasion be a crime preceding money-laundering. And this difficulty has led many international banks to withdraw from markets where the implementation of these norms has proved impossible in practice. “creative accountancy” and deals with governments to pay less taxes — and tax evasion.

November 04, 2016 17:04 UTC

Congress Approves 2017 Budget

The Chamber of Deputies approved the 2017 budget yesterday with over two-thirds majority. The first budget of President Mauricio Macri’s government received 177 votes in favour, 58 against, and 4 abstentions. Speaking of the significant support for the budget, Mario Negri, spokesperson for the governing coalition Cambiemos, gave a summary at the end of the debate: “Maybe this budget doesn’t please everyone. It is the budget that we built together with the country that we inherited. It also forecasts an average exchange rate of around $18 to US$1, and an inflation rate of 17% for 2017.

November 04, 2016 12:41 UTC

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