Hay Cata is a new concept brought to us by a group of friends wanting to put on a different kind of “tasting experience”. Next week’s Hay Cata will be all about the art of beer. Everyone is welcome, in their own words “Lo lindo de catar, es que nunca hay respuestas incorrectas” (the best thing about tasting is that there is never a wrong answer). The beer for tasting this time around will be provided by UK25 and Cerveza Bastion. You can also hire Hay Cata and have a tasting party at home!
Thursday, September 8, 2016 Denmark agrees to buy leaked tax data from ‘Panama Papers’ sourceIn bid to fight tax evasion, parliament approves purchase of documents to reveal offshore fundsCOPENHAGEN — Denmark revealed yesterday it will buy leaked data stolen from a Panamanian law firm that helped customers open offshore companies to avoid paying taxes, in a new battle to tackle tax evasion. Reports suggested the government had paid up to US$1 million for the data, though that number could not be confirmed. It’s unclear whether Denmark is the first country to have bought or accessed the leaked data beyond what was made public. Lauritzen said the data cost a single-digit million kroner, where one million kroner is equivalent to US$150,000. Finally, it shows that Owners, Fleg and Socma Americana are part of a triad under which there is the same economic reality, beyond the corporate veil.”Herald with AP
But it is not only a question of communicational glitches — there are also some fundamental conceptual errors. Nor does the “social tariff” offer as complete a safety net as it should be. Above all, small businesses on the brink are highly vulnerable to violent lurches in their energy costs (even 203 percent). There is an assumption that the same corporate structures prevail but they are changing like everything else in this day and age. (Next Thursday will be our 140th anniversary and for that reason Economic Outlook will be yielding this space for a special article to mark the occasion)
U.S. Vice President Joe Biden has become the latest foreign leader to praise Argentina’s new president Mauricio Macri. Biden went on to say that this shift in policies in Argentina was already bearing fruit. “The reinvigorated partnership between Argentina and United States has already opened doors to improved security, increase trade and investment, strengthen energy sector cooperation between both our nations,” the vice president added. Leaders from several countries, including the United States, Spain and China all had great things to say about the reforms Macri has instituted since taking office. Read More: Macri Gets Lots Of Praise From World Leaders At The G-20 Summit.
“In the last few months, 35,000 jobs have been created and 120,000 have been lost. Among 18-to-24-year-olds, the unemployment rate is a huge 24 percent. According to the UN’s 2015 Work for Human Development report published in August, Argentina holds the highest youth unemployment rate in Latin America. That study, which encompassed youths from ages 15 to 24, put the unemployment rate at 19.4 percent. Triaca said the bill would create 240,000 jobs a year (120,000 in the North of the country, 120,000 in the rest of the country) by encouraging companies to hire young workers, in exchange for paying fewer benefits.
The study reports that practically 20 percent of Argentine children living in urban centers suffer from inadequate nutrition, whereas 7 percent of the total also has severe nutritional deficits. Children fit into the severe needs category when they have these same problems but don’t receive aid of any kind. Read more: Death in Chaco Sparks Debate Over Malnutrition in ArgentinaThe official report from the province’s health system argued both children died of severe dehydration. UCA’s report goes on to notes that besides having unsatisfied dietary needs, half the children living in urban centers live in a household that doesn’t meet health standards. And the unsatisfied needs don’t end in their homes as the report goes on to note that 23 percent of teenagers have educational deficits.
For the uninitiated, Piazzolla is considered one of Argentina’s musical geniuses. The child of Italian immigrants, he was born in Mar del Plata. Early in his life he lived in New York City, and as a teenager and young adult he worked as a musician and composer in Buenos Aires. After earning recognition for his talent, he won a grant from the French government and studied composition with Nadia Boulanger in Paris. One of his lasting achievements is the musical style that is known as ‘Nuevo Tango.’ It combines traditional tango with elements of jazz and classical influences.
An unemployed man with a previous criminal record had to spend a month-and-a-half in prison for trying to steal a oilet from a McDonald’s in the Palermo neighborhood of the City of Buenos Aires. The 26-year-old was actually sentenced to a whopping four months behind bars, along with some community service. But considering he had already spent so long in prison, the Oral Criminal Court 29 said he could go free in order to complete 444 hours of community service within the next 18 months, reports Infonews. The incident took place on May 29 of this year at the McDonald’s on Libertador Avenue 3883, located in the Palermo neighborhood. went into the disabled toilet and removed it from where it was tacked to the floor with four nails, breaking the ceramic floor as a result.
President Mauricio Macri’s administration is dotting the I’s crossing the T’s of the 2017 budget that it will send to Congress next week. And sources tell La Nación the government expects an average exchange rate of AR$18 per US dollar next year. That figure isn’t really surprising considering the Central Bank’s survey of consultancies found that the median expectation for the exchange rate for December 2017 is AR$18.5 per US dollar. Some do expect a higher number, including Citi, which has forecast AR$20-per-dollar exchange rate for 2017 and the Orlando Ferreres consultancy that said it expects an exchange rate of AR$19.98 per dollar. The exchange rate has been relatively stable in recent weeks, staying at around the 15-peso mark.
Jovial and sincere, with a fire in his eyes as he began discussing the proud history of the Neapolitan culinary tradition. We were conducting an informal comparison of the porteño style with traditional Italian pizza and San Paolo was chosen as one of four samples. Likewise, San Paolo is the most recent enterprise in a long string of restaurants for De Rosa, who ran a number of restaurants and pizzerias across Manhattan. The result is a puffy fried dough the size of a frisbee. There’s more in the works for San Paolo.
This weekend, there will be away fans present at football matches for the first time since 2013. The first match of the Primera División (First League) to brave this will be the Olimpo vs. Lanús fixture, on Saturday at 2 PM. There will be two other matches later on in the weekend with away fans in Buenos Aires province: Estudiantes vs Sarmiento (La Plata) and San Lorenzo vs. Defensa y Justicia (Florencio Varela). Away fans have been banned by the Argentine Football Association (AFA) to attend matches in all divisions since 2013, when a Lanús fan was killed during clashes between the police and violent fans that broke out in a match against Estudiantes. Football violence has been a social problem in Argentina for some time but playing without away fans has made Argentine football a whole lot less interesting.
Well, here comes the Commerce Secretariat to lend you a hand, renewing the Price Watch Program, with 530 basic food products that will be available in 2,250 supermarkets across the country. The Price Watch Program was instituted by former president Cristina Fernández de Kirchner as a way to assure at the very least a basic basket of goods at a, let’s say, decent, price. Anyone who has tried to buy things off the Price Watch Program knows it can often be difficult, if not impossible, to find all the products on the list in a single supermarket. One of the top brands, Casancrem, is included in the Price Watch Program. You can take a look at the full Price Watch list here.
sector in trouble throughout 2016 Wednesday, September 7, 2016 Construction shows some signs of recovery after dismal start of yearThe construcion sector is showing some modest signs of life after months of plunging figures across the board. Sales of construction goods to the private sector grew 12.8 percent in August as compared to July, according to the private Construya index. The AFCP Portland Cement Manufacturers Association also reported that supplies to the domestic market rose in August 6.8 percent on an inter-annual basis — the first increase after seven straight months of contractions. Once seasonal factors are discounted, volumes dispatched in last August showed a 6.48 percent decline as compared to July. In the first eight months of the year the Construya Index showed a cumulated decline of 13.6 percent versus the same period of 2015.
Judge orders release of detained protesters, says country’s democracy seeing ‘sad days’ Wednesday, September 7, 2016 Alleged police violence in anti-Temer protests to be investigatedBRASILIA — Brazil’s attorney general’s office (MPF) yesterday launched an investigation to determine whether security forces violated human rights during street protests against President Michel Temer that took place over the weekend in the cities of São Paulo and Rio de Janeiro. The decision followed complaints made by the Never Torture Again Group and the Union of São Paulo Lawyers claiming “excessive use of violence” and “arbitrary arrests” during the demonstrations, the MPF said in a statement. Previous to the MPF’s announcement, the opposition Workers’ Party (PT) of Temer’s predecessor, impeached president Dilma Rousseff, announced that it was going to denounce the security forces’ violence before the Inter-American Commission on Human Rights (CIDH). The youths were arrested before the demonstration took place, in which — according to the organizers — around 100,000 people took part calling for Temer’s resignation and the holding of fresh elections. The youths were accused by the police and São Paulo governor Geraldo Alckmin of planning disturbances.
Soccer — South American qualifiers Wednesday, September 7, 2016 Argentina earns scrappy drawVenezuela''''s Josef Martínez (left) vies for the ball with Argentina''''s Javier Mascherano in 2-2 draw at World Cup qualifiers. Argentines Nicolás Otamendi and Javier Mascherano were yellow carded in the first half. Bauza made some changes in the last 20 minutes as Lucas Alario substituted Lucas Biglia and Ángel Correa came off the bench to replace Erik Lamela. Argentina: Sergio Romero; Pablo Zabaleta, Nicolás Otamendi, Ramiro Funes Mori and Marcos Rojo; Lucas Biglia and Javier Mascherano; Erik Lamela, Ever Banega, Angel Di María; Lucas Pratto. Chile set up an scoreless draw with Bolivia in Santiago while Brazil was hosting Colombia and Peru was facing Ecuador at press time.
