by Facundo Iglesia and Valen IricibarArgentina’s Lower House unexpectedly cut short what was expected to be a marathon debate on President Javier Milei’s Omnibus Bill, sending the entire bill back to commissions. Earlier on Tuesday, deputies had approved articles that would have given certain legislative powers to the president if the bill had been approved by the Senate. The Omnibus Bill proposes to deregulate vast swathes of the Argentine economy and declares a public emergency in economic, financial, security, tariff, energy, and administrative issues until December 31. After the session was lifted, Francos told the TN news channel that LLA thought they had enough votes to pass the bill. You may also be interested in: Privatization & Milei’s power to legislate: 2 omnibus bill sticking points

February 07, 2024 11:30 UTC

New hikes that more than double Buenos Aires bus and train fares took effect on February 6. Prices depend on the distance traveled, with the most expensive tickets set at AR$370 and AR$208 for buses and trains, respectively. Subway fares, which are run by the Buenos Aires City government, rose on February 4. If you do not have a DNI, you can contact the Buenos Aires City government through the contacts provided on the website. You can also register your card by calling 0800-777-SUBE (7823), clicking option 3, or going to the SUBE service centers.

February 06, 2024 21:41 UTC

The government announced the takeover of state-owned public media companies Educ.Ar, Télam, Radio y Televisión Argentina (RTA), and Contenidos Públicos for one year. “For greater efficiency in the operation of the public sector, a deep reorganization of public companies is necessary,” the decree read. In addition, Sebastián Marías was appointed as deputy controller of Radio y Televisión Argentina and, on an ad-honorem basis, of the other three. This decision to take over public media is in line with the December mega-decree which declared a public emergency in economic, financial, fiscal, administrative, social security, tariff, health, and social matters until December 31, 2025. He added that the attempt to turn public media into for-profit companies “disrupts the role of public media as a guarantor of plurality of voices and plural information.”–Herald/Télam

February 06, 2024 19:04 UTC

AMETEK’s fourth quarter 2023 sales were a record $1.73 billion, a 6.5% increase over the fourth quarter of 2022. Adjusted earnings in the quarter were a record $1.68 per diluted share, up 11% from the fourth quarter of 2022. “AMETEK’s fourth quarter and full year performance was exceptional,” noted David A. Zapico, AMETEK Chairman and Chief Executive Officer. Operating income was $1.71 billion, up 14% versus the prior year, and operating income margins were 25.9%, expanding 150 basis points over last year’s margins. EMG’s fourth quarter operating income was $112.3 million, while operating income margins were 22.7% in the quarter.

February 06, 2024 18:12 UTC

H2O Amphibious Inc: Pioneering the Future of Transportation with the Launch of Next-Generation Amphibious Cars in February 2024Advertisementwww.h2oamphibious.comSTUART, Fla., Feb. 1, 2024 /PRNewswire/ — H2O Amphibious Inc Sets the Stage for a Transportation Revolution with the Unveiling of Next-Generation Amphibious Cars in February 2024Get ready to redefine your concept of transportation as H2O Amphibious Inc prepares to unveil its next-generation amphibious cars in February 2024. Volkswagen’s World War II Schwimmwagen and Ford’s GPA model have been cornerstones in demonstrating the versatility and utility of amphibious vehicles, especially in military contexts. Anticipating the 2024 RevolutionAs we look forward to 2024, the next generation of water cars from H2O Amphibious Inc. is eagerly anticipated. With this evolution, H2O Amphibious Inc. reaffirms its position at the forefront of amphibious innovation. Join our community on YouTube for exclusive sneak peeks:– YouTube: [H2OAmphibious]Stay Tuned for the Future of TransportationThis upcoming launch represents a significant milestone in the evolution of amphibious cars.

February 06, 2024 06:03 UTC





Argentina’s Davis Cup team beat Kazakhstan 3-2 on Sunday to secure a spot in the 2024 tournament’s group stage. Sebastián Báez (25th ATP singles ranked) clinched the decider, beating Dmitry Popko (338th) by 6-4, 3-6, 7-6(6). “It was a team win because we all did our part,” said Báez after the win. Argentina joins the 11 other qualifier winners as well as 2023 winners Italy, runners-up Australia, 2024 hosts Spain and wild-card Great Britain for the Finals Group Stage, set to take place September 10 to 15 across four as yet unconfirmed cities. Winners and runners-up in the group stage make it to the knockout stage in Malaga, Spain, in November.

February 05, 2024 21:44 UTC

The Organization for Economic Co-operation and Development (OECD) has nearly doubled its inflation forecast for Argentina since November. According to its February 2024 Economic Outlook interim report, the organization expects prices in Argentina to soar by 250.6% in 2024, up from its 134.5% forecast in November. “High inflation and sizable fiscal tightening are projected to result in an output decline in Argentina in 2024 before growth recovers in 2025 as reforms start to take effect,” the report noted. Its inflation forecast for 2025 is 64.7%. It was also the highest 2023 inflation rate in Latin America, surpassing Venezuela’s, which was 193% according to the Venezuelan Finance Observatory.

February 05, 2024 19:54 UTC

Wildfires sweeping through central Chile have killed at least 99 people and hundreds are still missing, authorities said on Sunday, as President Gabriel Boric warned the country faces a “tragedy of very great magnitude”. Chile’s Legal Medical Service, the state coroner, said 99 people have died in the fires, with 32 bodies identified. Earlier in the day Boric, announcing two days of national mourning starting on Monday, said Chile should prepare itself for more bad news. “It is Chile as a whole that suffers and mourns our dead,” Boric said in a televised speech to the nation. “We are facing a tragedy of very great magnitude.”Hundreds of people also have been reported missing, authorities said.

February 04, 2024 22:34 UTC

Despite accusations of human rights violations and concerns about the economy, President Nayib Bukele continues to be widely popular and is expected to win reelection in a landslide. There have also been accusations of massive human rights violations, from forced disappearances and torture to prison overcrowding. He has also gone after human rights groups denouncing him for abuses, in one instance even calling a Human Rights Watch member “Homeboys Rights Watch.”He has also disrupted the country’s democratic institutions by replacing judiciary members with allies. In 2021, El Salvador became the first country to turn the cryptocurrency into legal tender. The most immediate consequence is the deepening of repressive policies, with the further degradation of democratic institutions and the escalation of human rights abuses.

February 04, 2024 20:48 UTC

AdvertisementQUZHOU, China, Feb. 4, 2024 /PRNewswire/ — This is a report from China.org.cn:Miaoyuan village in Quzhou city, Zhejiang province, held a ritual ceremony on Sunday to mark the arrival of spring based on the traditional Chinese calendar. The ceremony started at 9 a.m. at a local temple where participants offered flower baskets and sacrificial offerings to the God of Spring of ancient China. One of the highlights of the ceremony was the Whip the Spring Ox ritual. The village also held other activities, such as hosting an open-air market, a food exhibition with spring-themed food dishes (such as spring cakes, spring rolls, and spring pancakes), and an exhibition of photos, paintings, and poems. Village in eastern China celebrates spring with ancient ritualshttp://www.china.org.cn/china/2024-02/04/content_116985769.htmView original content to download multimedia:https://www.prnewswire.com/news-releases/village-in-eastern-china-celebrates-spring-with-ancient-rituals-302052634.htmlSOURCE China SCIODisclaimer: The above press release comes to you under an arrangement with PR Newswire.

February 04, 2024 17:29 UTC

Case, also CEO of the Rick Case Auto Group, was selected for her outstanding achievements in the auto industry and her unwavering commitment to making a positive impact in her community. Jessica Sibley, CEO of TIME, and Doug Timmerman, Ally Interim CEO and President of Dealer Financial Services, announced Case as the winner at a ceremony that honored all 49 nominees. About Ally FinancialAlly Financial Inc. (NYSE: ALLY) is a financial services company with the nation’s largest all-digital bank and an industry-leading auto financing business, driven by a mission to “Do It Right” and be a relentless ally for customers and communities. For more information and disclosures about Ally, visit https://www.ally.com/#disclosures. For further images and news on Ally, please visit http://media.ally.com.

February 04, 2024 17:11 UTC

Argentine football is admired around the world. Away fans have been banned since 2013, so fights in the stands themselves are a rare occurrence. The first is barrabravas, hard-core organized groups in Argentine football. Police crackdowns are sadly not uncommon in Argentine football, with officers often shooting rubber bullets and tear gas at crowds to disperse them. Away fans are often allowed to leave the stadium beforehand and disperse before the home crowd starts their exit.

February 03, 2024 20:44 UTC

Two human rights organizations and two press unions filed a precautionary measure before the Inter-American Commission on Human Rights (IACHR) requesting protection after national security forces thwarted pacific protests outside Congress on Wednesday and Thursday while President Javier Milei’s omnibus bill was being discussed inside. The request was filed by the Center for Legal and Social Studies (CELS), the Center of Professionals for Human Rights (CeProDH), the Buenos Aires’ Press Union (SiPreBA), and Argentina’s Photojournalist Association (Argra). “Besides, the march wasn’t neither massive nor violent — it was peaceful.”SiPreBA General Secretary Agustín Lecchi, who signed the document, told the Herald that there was particular animosity against reporters who were covering the protest. Among them were human rights lawyer Matias Aufieri — who almost lost sight in one eye — and a photographer from La Izquierda Diario. At that moment, [human rights attorney Matías Aufieri] tells one of the officers that they had shot him in the eye,” the text continues.

February 03, 2024 20:44 UTC

Inter Miami announced on Friday a new multi-year partnership with leading Argentine winery Trapiche. From our position as Argentina’s leading winery, we share that view. The winery’s presence will extend to the entire stadium during Inter Miami home matches and events. “Teaming up with Trapiche […] shows the authentic partnerships we strive to bring into our ecosystem,” said Inter Miami CF Chief Business Officer, Xavier Asensi. Located in Maipú, Mendoza province, Trapiche is Argentina’s leading winery, exporting to over 80 countries.

February 03, 2024 12:59 UTC

The International Monetary Fund praised the Milei administration’s past and future austerity measures but warned that the path to stability will be ‘challenging’ in its latest Argentina staff report, which was published Thursday. The new schedule consists of the US$4.7 billion made in January plus US$800 million on May 10, US$532 million on August 10, and US$550 million on November 10. Calling the public sector “oversized,” the Fund welcomed the elimination of ministries and cuts in transfers to provinces. However, it warned that the government should tighten its monetary policy stance to support money demand and disinflation. However, it added, economic activity and consumption were nonetheless robust in the penultimate quarter of 2023, with record-low unemployment.

February 03, 2024 00:13 UTC