Milei’s infrastructure plans for Vaca Muerta: freight train and aqueduct
Guillermo Ferraro, president-elect Javier Milei’s pick for infrastructure minister, described Vaca Muerta as the “core” to plan freight transport in Argentina and announced two developments the La Libertad Avanza (LLA) administration is interested in pursuing: the North-Patagonian train and an aqueduct. In a TV interview, Ferraro laid out his vision for financing infrastructure during Milei’s upcoming administration. “Everything the private sector can do, the private sector will do,” he said. Freight trains will be one of their infrastructure priorities, and he used the Vaca Muerta shale oil field as an example. Since there is valuable cargo, an opportunity arises for the private sector, naturally.
Source:Bueno Aires Herald
November 28, 2023 11:42 UTC
Cricket in Argentina: A 200-year-old tradition looking to make a comeback
It’s Argentina’s national cricket team, and they represent a tradition that goes back over 200 years. The Argentine men’s national cricket team dominates the South American Cricket Championship, lifting it for a record 12th time in 2023, ten more than anyone else. Argentina is one of 96 associate members of the International Cricket Council (ICC), meaning that cricket is played there, but it does not qualify as a full member. “In those days, the Marylebone Cricket Club (MCC) used to visit with a team that was virtually the English national team. “We have important clubs that played cricket long ago and have grass and synthetic fields,” said Pereyra.
Source:Bueno Aires Herald
November 27, 2023 15:57 UTC
Pope in 'good, stable' condition, on antibiotic IV for lung inflammation
Pope Francis, who is suffering from lung inflammation, is in “good and stable” condition, receiving antibiotic therapy intravenously, and will limit his activities for the next few days in order to conserve his strength, the Vatican said on Monday. “The pope’s condition is good and stable, he does not have a fever and his respiratory condition is decidedly improving,” Bruni said. Bruni added that Francis, 86, would continue to carry out “easier”, institutional tasks, his condition permitting. On Saturday, a government source confirmed that Argentina’s outgoing President Alberto Fernández will not meet with the Pope this week. When he raised his right hand a bandage holding an IV tube used to administer the antibiotics was visible.
Source:Bueno Aires Herald
November 27, 2023 12:43 UTC
Ireland wants to deepen relations with Latin America and the Caribbean
This week, Ireland held an inaugural Business and Economic Forum for the Latin American and Caribbean region in Dublin. Under the Global Ireland initiative, we have opened new embassies in Santiago de Chile and Bogota in recent years, alongside regional Offices for Central America and for the Caribbean. In 2022, we also launched our first-ever Strategy for Latin America and the Caribbean. We are starting from a privileged position in this endeavor, because the links between Ireland and the countries of Latin America and the Caribbean, and particularly Argentina, go back for centuries. On the investment front, more and more Irish companies are choosing to operate in Latin America.
Source:Bueno Aires Herald
November 27, 2023 06:25 UTC
Father of two Argentine Hamas hostages says they are alive and well
Some of the 24 hostages released on Friday by Hamas said they had seen or been with them, according to their father Itzik Horn, said news agency Télam. As part of their agreement, on Friday Hamas released 24 hostages, including 13 Israelis, 10 Thais, and a Filipino; Israel did the same with 39 Palestinian prisoners. None of the Argentine hostages have been released yet. On Saturday, Hamas released another 17 hostages, in exchange for the release of 39 Palestinian prisoners. Some famous Argentines like actor Ricardo Darín participated in the video, in which they called for the release of all the Argentine hostages, and showed pictures of Yair and Eitan Horn.
Source:Bueno Aires Herald
November 27, 2023 04:43 UTC
Dictatorship-era threat: green Ford Falcon parked outside Senate
Green Ford Falcons have been sighted outside the Senate and another ministry in an apparent intimidation strategy, according to reports made to the Herald. One such Falcon was seen parked outside a Senate annex on both Tuesday and Wednesday with a Federal Police badge sitting on the dashboard behind the steering wheel. “They’re choosing the Falcon, a symbol of a specific type of political repression — clandestine repression.”Sources in the Senate told the Herald that the Ford Falcon was parked outside during the meeting between Villarruel and Vice President Cristina Fernández de Kirchner to discuss the government transition. Ministry staff had to be evacuated on Friday following two bomb threats, made specifically to the 144 helpline for those suffering gender-based violence. “Those who work on these issues within the 144 helpline know full well that violence can never be a path to development.
Source:Bueno Aires Herald
November 26, 2023 14:55 UTC
Work Together to Create Value for Customers
It is the first choice for Shandong Heavy Industry Group to gather strength and deepen the development for Middle East and Africa market, and is also the second stop for Shandong Heavy Industry Global Partner Conference. Shandong Heavy Industry Group, headquartered in Jinan, China, is a global industrial equipment group with annual revenue of 72 billion US dollars. Heavy-duty engines, heavy-duty transmissions, heavy-duty trucks, industrial forklifts, luxury yachts and other products lead the world in technology and sales. The companies can customize a full range of integrated product portfolio solutions for global customers in multiple scenarios and individual needs to create maximum value for customers. View original content to download multimedia:https://www.prnewswire.com/news-releases/work-together-to-create-value-for-customers-301997465.htmlSOURCE Shandong Heavy Industry GroupDisclaimer: The above press release comes to you under an arrangement with PR Newswire.
Source:The Bubble
November 26, 2023 10:51 UTC
Alberto Fernández will move to Spain after presidency
Argentine President Alberto Fernández will move to Spain after the end of his presidency on December 10, presidential spokesperson Gabriela Cerruti confirmed Saturday. Fernández had already hinted at his future plans in an interview he gave last week to Spanish media outlet El País. Asked what he would do after Milei’s inauguration on the 10th, the president said he had been offered teaching positions in Spain, which he was currently considering. The visit to the Vatican, which would have been the president’s final official trip, has been rescheduled until after Fernández settles in Spain. Fernández and Milei began transition talks Tuesday morning at the presidential residence in Olivos, Buenos Aires province, where Milei will move when he takes office.
Source:Bueno Aires Herald
November 26, 2023 08:27 UTC
A star is born: Michelin makes its first selections in Argentina
And the Michelin star goes to…On Friday night, Michelin, the French tire company and owner of the world’s most prestigious restaurant guidebook, announced its starred selections for Buenos Aires and Mendoza. Earlier this week, The Best Chef ranked the restaurant’s chef, Gonzalo Aramburu, as the 89th best in the world for 2023. The names were revealed at the “Star Revelation 2024” gala at Arena Studios in La Boca Friday night. Argentine Tourism and Sports Minister Matías Lammens, who publicized Argentina’s agreement with Michelin in July, was on hand to celebrate the occasion. In September, renowned Argentine chef Francis Mallman took to Instagram to rail against Michelin’s star system and its effect on dining culture.
Source:Bueno Aires Herald
November 25, 2023 14:25 UTC
Analysis: The Central Bank’s interest-bearing liabilities are not the main problem
Of that, 10 percentage points would correspond to recovering Central Bank interest-bearing liabilities (LELIQ and repo operations). On the contrary, the Central Bank uses these interest-bearing liabilities to regulate the monetary volume and short-term reference rates. Since the day after the runoff, Milei has been making comments about solving the problem of the central bank’s interest-bearing liabilities as soon as possible to enable the elimination of currency controls. However, of all the Argentine economy’s problems, interest-bearing liabilities are by no means the most important. If progress is made in that direction, the stock of interest-bearing liabilities will be reduced, thus making exchange rate unification possible.
Source:Bueno Aires Herald
November 25, 2023 11:18 UTC
Jowell Global Ltd. Announces First Half 2023 Unaudited Financial Results
Our household products revenue for the first half 2023 increased by about $17.4 million or 56.1% as compared to the same period of 2022. Cost of revenues of household products for the first half 2023 increased about 67.0% as compared to the same period of 2022. Cost of revenues of household products for the first half 2023 increased about 67.0% as compared to the same period of 2022. Fulfillment expenses as a percentage of total revenues were 2.3% in the first half of 2023, up from 1.7% in the first half of 2022. The decrease was primarily due to a $0.9 million decrease in bad debt expense and $1.0 million decreased in share-based compensation of services provided.
Source:The Bubble
November 25, 2023 10:18 UTC
LLA economic advisor says he’s cutting formal ties with Milei’s party
Economist Carlos Rodríguez said Friday that he was “ending all formal ties regarding economic advisory” with La Libertad Avanza (LLA). Rodríguez was part of a an LLA team that met with the IMF following the libertarian economist’s victory in the August primaries. Today is the right time, given that Javier [Milei] has designated the Economy Minister and changed the president of the Central Bank. He’s not the right person; being the economy minister has a different set of job requirements,” Rodríguez said. Carlos Rodríguez graduated as an economist from the University of Buenos Aires and has a PhD from Chicago University.
Source:Bueno Aires Herald
November 24, 2023 19:47 UTC
Buenos Aires Herald
The libertarian bested Peronist candidate and current Economy Minister Sergio Massa, winning 56% of the vote to Massa’s 44%. During the first presidential debate, Milei noted that he had since apologized to the spiritual leader of more than two-thirds of Argentines. On the home front, Milei unofficially confirmed a number of ministers and that his government will have just eight ministries, half of the current number. The latter two “Frankenstein’s ministries,” as we’ll call them, are both amalgamations of numerous current cabinet-level agencies.And what of Sergio Massa? Having appointed a four-person transition group to coordinate with Milei’s economy team, Massa later said that he would remain in office until Alberto Fernández’s term ends on December 10.
Source:Bueno Aires Herald
November 24, 2023 17:13 UTC
MARPAI TO HOST INVESTOR WEBCAST ON NOVEMBER 29, 2023
AdvertisementNEW YORK, Nov. 23, 2023 /PRNewswire/ — Marpai, Inc. (“Marpai” or the “Company”) (Nasdaq: MRAI), an independent national Third-Party Administrator (TPA) company transforming the $22 billion TPA market supporting self-funded employer health plans will host an Investors Webcast on Wednesday, November 29 at 8:00 a.m. Marpai works to deliver the healthiest member population for the health plan budget utilizing our proactive data analytics programs and partners. Operating nationwide, Marpai offers access to leading provider networks including Aetna and Cigna and a full suite of TPA services. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Except as required by law, Marpai does not undertake any responsibility to revise or update any forward-looking statements whether as a result of new information, future events or otherwise.
Source:The Bubble
November 24, 2023 15:39 UTC
Canadian Investment Regulatory Organization Trade Resumption – STER
AdvertisementVANCOUVER, BC, Nov. 23, 2023 /CNW/ – Trading resumes in:Company: Steer Technologies Inc.TSX-Venture Symbol: STERAll Issues: YesResumption (ET): 9:30 AM 11/24/2023CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/ResumptionsDisclaimer: The above press release comes to you under an arrangement with PR Newswire. Bubblear.com takes no editorial responsibility for the same.
Source:The Bubble
November 24, 2023 09:30 UTC