Marcos Peña: “Inflation Is Going Down and Economy Is Going Back To Normal”
We came from four years of economic stagnation, where businessmen were blamed for inflation, while now the President (Mauricio Macri) knows that the State is responsible for the price increases,” Peña said. According to the National Institute of Statistics and Census, inflation in July rose by 2 percent for the country as a whole. However, several indexes projected that annual inflation will be over 40 percent, a number that is much higher than the 25 percent the Macri administration expected when taking office. By this, Peña was saying that the Macri administration used a policy of economic “gradualism” to alter the economy. Electricity increases, on the other hand, are currently suspended due to a ruling from a Federal Judge who determined were disproportionate.
Source:The Bubble
August 25, 2016 19:52 UTC
An Ancient Tribute to Mother Earth Will be Performed at the Obelisco on Saturday
This Saturday at the Obelisco, history will take place as the ancient ritual of the Pachamama, a practice by which indigenous peoples pay homage to Mother Earth, will be performed for the first time in the city of Buenos Aires. The event is from 1 PM onwards and the traditional offering will be at 4 PM. “Doing it in a different space is understanding that Mother Nature is for all of us and that we are all children of the Earth. Indigenous groups make up roughly two percent of Argentina’s 44 million people. However, conflicts remain between indigenous groups, the state and private companies involved in agriculture, logging and mining, who are interested in developing on or near their lands.
Source:The Bubble
August 25, 2016 18:56 UTC
High School Students Dress Up as Nazis, Go to Nightclub and Fight Jewish Teens Because Of Course They Did
So they got into a fist fight and a few seconds later they were all being kicked out of the nightclub,” she said, certainly not wrong. On top of that, the German school of Lanús is now scrambling to do some damage control and is desperately distancing itself from its students and assuring everyone that they are not a Hitler-adoring institution. We work so German culture is not associated to Nazi culture.”“We are going to work so (the students) can reflect on this. Apologizing is not enough,” she said, adding that “the ORT students also acted poorly” but “one thing doesn’t justify the other.”Which to me doesn’t really makes sense because in this cause-effect scenario it’s not like her students decided to play Nazi dress-up because the ORT students were behaving badly. The mayor of Bariloche also commented on “the many programs” that the city has to prevent bullying and gender violence.
Source:The Bubble
August 25, 2016 18:33 UTC
Backpedaling On Gas Increases: Here’s How To Get Your Money Back
Following last week’s Supreme Court ruling, the Macri administration instructed gas distributing companies today to backpedal on the gas increases that had been applied to private residences. Here’s how they work:On the one hand, those who paid bills with price increases between May and August will have what they paid deducted from their future bills until the gas companies settle their debt. Many who have been excluded from the Supreme Court’s ruling have filed injunctions to have their increases suspended as well. Families or private residences who were granted access the so-called “social tariff” will continue to be benefited by it. Following last week’s Supreme Court ruling suspending gas bill increases for private residences, the Macri administration called for a public hearing to, once again, present its proposal to raise gas prices.
Source:The Bubble
August 25, 2016 14:37 UTC
Apples at a time for jobs
Throughout this year the opinion polls have been showing inflation to be the uppermost public concern so what happened in the last week? And then on Tuesday INDEC statistics bureau announced that unemployment had risen to 9.3 percent (see the editorial on this page). Nor are the latter fully compensated by the priorities for the mega-event, the mid-September Forum for Investment and Business. At the risk of mixing apples and oranges (so to speak), this week’s Plaza de Mayo protest by Patagonian fruit-growers has been a case study of the conundrums arising out of continuing economic disarray. Might they not be overestimating inflation by only working with listed prices instead of the prices people actually pay amid the discount wars between supermarkets?
Source:Bueno Aires Herald
August 25, 2016 03:31 UTC
Aramburu Perfects Food As Art With Buenos Aires’ Original Tasting Menu
I was physically and mentally preparing myself for an eighteen course tasting menu and I wanted a light aperitif to kill the time, I explained. Aramburu Ünder is located half a block from Aramburu Resto on a quiet street on the edge of Constitución. Before Tegui and El Baqueano, and all the other high end restaurants that now offer tasting menus, Aramburu was setting the standard. Designing a tasting menu is like taking on the role of a conductor of an orchestra. At it’s lowest, a tasting menu often is just that.
Source:The Bubble
August 25, 2016 00:56 UTC
Selena Gomez Coming To Argentina
Selena Gomez will be returning to Argentina later this year to take part in the Shout Music Festival. As part of her Revival World Tour, Gomez will be performing at the Tecnópolis in Buenos Aires on December 3rd. Along with Gomez, Shout Festival will feature a number of International artists such as Maluma and Abraham Mateo, with Gomez being the most widely-known entertainer and main act of the event. No word on whether Selena’s ex, Justin Bieber will be in attendance, although given his track record of causing chaos in Argentina, it’s not very likely. Read More: Justin Bieber To Face Argentine Judge For Past Indiscretions
Source:The Bubble
August 24, 2016 21:00 UTC
New Report Calls For More Regulation Over State Advertising Known As ‘Pauta Oficial’
Basically, giving money to media outlets the administration in power has ideological affinity with to the detriment of those with opposing views. When taking office, the Macri administration made the commitment to drastically reduce expenses in advertisement, as it considered it a dilapidation of State resources: “the dimension State [funded] advertisement has taken is madness and has to stop. The staunch opposition Indalo group came in second, getting a little over AR $67 million, or 8.39 percent of the total. La Nación, on its end, climbed from 19th to 4th place, having gotten almost AR $43 million since December. “Veintitrés” received over AR $800 million in State advertising.
Source:The Bubble
August 24, 2016 20:35 UTC
Prosecutor Asks For Cristina And Kicillof To Be Questioned On Charges Of Cover-Up
Federal Prosecutor Guillermo Marijuán has requested that former President Cristina Fernández de Kirchner and former Economy Minister Axel Kicillof be called into questioning on charges of covering-up and hiding information in their testimony. Neither Cristina nor Kicillof are allowed to leave the country until further notice. However, it should be noted that Marijuán opened the case back in June — not as a direct result of the televised exposé — and that former Treasury Prosecutor, Angelina Abbona is the main suspect of helping to cover up the “irregular” financial transactions. The hypothesis is that her office received the information on suspicious financial activity by Báez, requested by NML in 2013, and that it was willfully hidden from the judicial system because it had allegedly been deleted from the system. Federal Judge Sebastián Casanello, in charge of the Lázaro Báez case since 2013, has to decide whether or not to accept the prosecutor’s request: only then can Cristina and (or) Kicillof be called to the federal courthouse Comodoro Py for questioning.
Source:The Bubble
August 24, 2016 19:41 UTC
US Embassy Holding Absentee Voting Event In Buenos Aires
On November 8th the United States of America will be electing its next president. Seventh Grade Civics class I did not anticipate that you would be so useful!) A more in depth guide is on its way, but the easiest way most certainly is to go the event the US Embassy is putting on for this express purpose. On September 22nd yanquis can: cast absentee ballots; register and request absentee ballots; and complete federal write-in ballots. To register for the event, send an email by September 20th to VoteBuenosAires@state.gov.
Source:The Bubble
August 24, 2016 18:56 UTC
Former Planning Minister Julio De Vido To Face Oral Trial For Once Tragedy
Federal Prosecutor Ramiro González today requested former Planning Minister and current Victory Front (FPV) National Deputy Julio De Vido be sent to oral trial for the 2012 Buenos Aires railway disaster, also known as the Once Tragedy, in which 51 people were killed and 789 injured. De Vido is also being investigated in money laundering and embezzlement cases. In December, the federal court investigating the case read the verdicts for 29 people involved in the Once Tragedy. Federal Judge Claudio Bonadio prosecuted De Vido in May on the grounds that, as Planning Minister, there was “no way” that De Vido could have been oblivious of the deteriorated and sub-par state of the railway system. If he get a less severe sentence, he can request to go on probation and thus avoid doing time.
Source:The Bubble
August 24, 2016 17:26 UTC
Federal Judge Denounces ‘Judicial Mafia’ In Buenos Aires Province
Federal Judge Alfredo López claimed that there is a “judicial mafia” in Buenos Aires Province and that he has “no support” in the province and has threatened to resign. López is currently investigating an incident from two weeks ago in Mar del Plata where people threw stones at the vehicle President Mauricio Macri and Buenos Aires Province Governor María Eugenia Vidal were traveling in. “I’ve been working in the judicial system according to the law and the Constitution. I have absolutely no support of any kind from the Province of Buenos Aires,” stated López, who called on citizens to support the judicial system. I am disgusted by what I’m seeing, there’s a criminal organization within the judicial system,” said López.
Source:The Bubble
August 24, 2016 15:56 UTC
Public School Teachers Strike Across Argentina Demanding Higher Wages
Today, public school teachers across the country are striking in protest of what they consider to be inadequate salaries in light of rising inflation. The Macri administration has refused to renegotiate wage increases, an agreement reached between the government, employers and workers known as “collective bargaining.” The Public School Teacher’s Union (Ctera) will strike today, while the Private School Teacher’s Union (Sadop) will strike on September 2nd. The Teacher’s Union of Buenos Aires Province (Suteba) will also strike at some point within the next month. Read more: Public And Private Teachers To Strike Across Argentina For Higher WagesTeachers in Buenos Aires Province went on strike earlier this month, with 3.3 million children being unable to attend classes as a result. Baradel told Radio La Red, “It is incomprehensible that no one wants to talk about the fact that inflation is higher than salary raises.
Source:The Bubble
August 24, 2016 15:33 UTC
‘Door-To-Door’ Delivery Of Items Purchased Abroad Set To Start This Friday
Though they all share similar characteristics, there are certain differences regarding weight limits and monetary value. Number of items: Correo Argentino places no limits on the number of items delivered, while private couriers have a limit of five deliveries per person per calendar year. This benefit only applies to Correo Argentino, however. Electronic payment receipt (VEP): if the purchase was made via Correo Argentino, it is the buyer’s duty to obtain this receipt on AFIP’s website. Taxes: tax is set at 50 percent of the value of the goods if the product arrives via Correo Argentino.
Source:The Bubble
August 24, 2016 15:22 UTC
INDEC Report: Argentina Unemployment Rate Stands At 9.3 Percent
According to a report released yesterday by the National Statistics and Census Institute (INDEC), 9.3 percent of Argentina’s workforce (including people available and actively looking for jobs) was unemployed during the second trimester of 2016. However, in some cities with a lower unemployment rate, a large underemployment rate can be seen. For example, the underemployment rate in Tucumán is 13.9 percent. In the City of Buenos Aires, the unemployment rate is 8.5 percent (140,000 people) and underemployment is 10.2 percent (169,000). Ever since then, INDEC was criticized for presenting less-than-accurate figures on inflation, poverty and the economy at large.
Source:The Bubble
August 24, 2016 14:48 UTC