Monday, September 19, 2016 Barack Obama and his moral compromisesUS President Barack Obama waves as he boards Air Force One for his departure from Joint Base Andrews yesterday. Obama has generally stuck to passive-voice formulations, as he did in Laos, and avoided explicit apology. The New York Times’ analysis of Obama’s Laos speech appeared on page A8 of its September 8 edition. We’ll never know what, say, Latin America would be like today if the United States had done nothing to stop Cuban attempts to spread revolution during the Cold War. Erdogan certainly seems like the lesser of two evils — but Obama’s policy is nevertheless one of many moral compromises during his tenure, including his fateful decision not to intervene militarily in Syria.
September 19, 2016 03:36 UTC
President arrives in United States, representatives for Lula to hold event on sidelines Monday, September 19, 2016 Macri jets into New York ahead of UN General AssemblyPresident Mauricio Macri will renew Argentina’s sovereignty claims over the disputed Malvinas Islands during the 71st session of the United Nations (UN) General Assembly, state-run news agency Télam said yesterday. “(Argentine) sovereignty over Malvinas is permanent and a non-negotiable claim of all Argentine people,” Macri told the press after his arriva in New York yesterday, accompanied by First Lady Juliana Awada. Macri’s first speech as Argentine President at the UN General Assembly will take place tomorrow at 11.30am. The representatives will defend the president and denounce the “judicial persecution” levelled against the former president in Brazilian courts. The lawyer denied that their intention was to hinder new President Michel Temer’s participation in the Assembly, which is traditionally opened with Brazil as first speaker.
September 19, 2016 03:33 UTC
Monday, September 19, 2016 Syria ceasefire unravels as US, Russia trade accusations over deadly strikesA wounded man grimaces in pain a field hospital after an airstrike in the rebel-held town of Dael, in Deraa Governorate, Syria, yesterday. The air raid by the US-led coalition killed dozens of Syrian soldiers and led to a harsh verbal attack on Washington by Damascus and Moscow. The US military says it may have unintentionally struck Syrian troops while carrying out a raid against the Islamic State group in eastern Syria on Saturday. The seven-day ceasefire was supposed to end at midnight last night, according to a Syrian Army statement issued last week. Syrian state TV reported yesterday that dozens of residents had left rebel-held areas in Aleppo and were taken to shelters in the government-controlled part of the city.
September 19, 2016 03:33 UTC
Monday, September 19, 2016 Big events and little thingsPlenty was said at the Business and Investment Forum throughout most of last week and all had its value (even the most repeated observations about the Argentine economy might have enlightened at least some newcomers) but what went unsaid or failed to surface also deserves comment. Given that forming global value chains is the name of the game these days rather than the straight investment of national companies (if indeed there are still such things) in other countries, various opportunities might have gone missing — especially when Argentine entrepreneurial talent so often finds it easier to succeed abroad than at home. An event on this scale was always going to aim for the big picture but the sweeping generalizations leave aside the fact that the devil lies so often in the detail. Along the lines of “well begun is half done,” this forum only advanced halfway toward its aims in the best of cases — plenty of follow-up will be needed. The government is certainly not blind to this factor with various roadshows lined up for the future, starting already this week on Wall Street.
Monday, September 19, 2016 Empty seats at final gas hearingMultiple absentees as consultation on hikes endsPublic hearing on proposed natural gas price increases closed yesterday with the notable absence of 100 speakers, an express 80-minute session with only twelve debaters and an almost empty auditorium at the Usina Del Arte exhibition centre. Aranguren also announced that final details of the final natural gas rate hikes will be known in October, and that the Energy Ministry’s team will be holding a meeting today in order to schedule the new and definite increases to be applied from next month. “The state should make the proposal an open one by publishing the costs of natural gas,” state provincial prosecutor Eduardo Allende told the press. “About 40 percent of Argentine homes are (currently) paying 300 pesos (instead of 107 pesos) per month because they have to buy gas cylinders ... We want Argentines to have greater access to the natural gas network”, he concluded. On Friday, the Energy minister promised a progressive elimination of energy subsidies through October 2019, at which point they will equal zero except for Patagonia, Malargue and the Puna, where they will have energy subsidies through October 2022.
Monday, September 19, 2016 Experts advise Rosario to refloat RO-RO planBy Guillermo HáskelHerald StaffProposed US$143-million project would streamline operations for growing vehicle export and import tradeAuthorities of Rosario — the city with the world’s largest grain export port cluster — should consider refloating a long-delayed plan to build a Roll On-Roll Off (RORO) terminal to streamline growing vehicle trade, a team of experts say. Zárate, on the River Paraná, 90 kilometres northwest of Buenos Aires, handles virtually all vehicle trade in the country. It was drawn up by several experts, among them analysts from ENAPRO, the public non-state agency that runs the Rosario port complex. Rosario Port proper is located 300 kilometres northwest of Buenos Aires. The leading vehicle manufacturers are located in the Greater Buenos Aires and Zárate (57 percent), Santa Fe-Rosario (14 percent) and Greater Córdoba (29 percent).
How does absentee voting work? There is an urban legend, there is a myth that absentee votes are not counted. And what is critical to understand is that some of the races are going to be very close so absentee ballots can really make a difference in that respect. For example, 23 percent of all votes cast in Florida were absentee voting. And it is not just for people who are ready to vote with their absentee votes.
Number of Locals travelling to giant neighbour expected to rise sharply this summer Monday, September 19, 2016 Air travel shows signs of recovery as flights with Brazil take offGol workers inspect a Boeing 737 aircraft at the firm’s maintenance centre at the Tancredo Neves International Airport in Confins, Minas Gerais, Brazil in this Thursday, September 15 picture. Brazil, whose currency the real strengthened for years allowing for more travel abroad, has now gotten cheaper for foreign tourists going there. “We are not adding regular flights because we are occupying the 76 slots we are assigned per week. We are shifting flights from one destination to another to keep demand satisfied,” Gol said. But it is still a fantastic market that we know will come back, just as Brazil,” the director said.
investigation says karter properties was tied to president’s father’s fleg trading Monday, September 19, 2016 New company linked to Macri family in Panama Papers documentsA new company linked to a close friend of the Macri family registered in the Bahamas was exposed yesterday, after an investigation delved deeper into documents leaked from the Mossack Fonseca law firm earlier this year. Now, a new firm, named Karter Properties, has been linked to Fleg, according to an investigation by local daily Página/12. No-one in the Macri family is directly named in the company directory for Karter, possibly a reason why its name did not surface initially, as Fleg Trading did. Fleg Trading played a role as a holding company for the Pago Fácil business of Franco’s holding in the Mercosur giants. This occurred after Fleg Trading replaced the majority shareholder, Socma Americana (a firm where Franco, Mauricio and Mariano were registered).
Monday, September 19, 2016 IMF returns after 10-year absenceIMF’s chief Christine Lagarde will have to approve the conclusions of the IMF mission after it comes to an end on September 30. Today, IMF officials will start auditing the country’s public accounts and begin an overview of the country in line with its famous “Chapter IV” guidelines. The IMF mission arriving today will audit national accounts and gross domestic product (GDP) forecasts — ten years after they last did so. The final report would be submitted before IMF chief Christine Lagarde for approval. “The (IMF) reports usually include an overview of the economic situation, a list of the risks and suggestions over economic policy.
Soccer — Domestic League Monday, September 19, 2016 River and Boca fail to hold leadsBoth teams held to draws, Estudiantes reaches top spotRiver Plate’s perfect run ended yesterday as it drew 1-1 with San Martín of San Juan at the Monumental stadium in third-round match of the First Division tournament. River missed its chance to reach the top of the standings, although it is still unbeaten in the tournament. Meanwhile, San Martín played with counterattacks and almost put itself ahead in the 28th, when Emanuel Dening’s shot forced goalkeeper Augusto Battalla to make an acrobatic save. San Martín found the equalizer in its worst moment of the match. Uruguayan Santiago García took the ball after a Boca defensive mistake and assisted Javier Correa, who scored while goalkeeper Guillermo Sara was rushing out.
Tennis — Davis Cup Monday, September 19, 2016 Argentina reaches final after epic winMagnificent MAyer. Mayer, who unexpectedly replaced the in-form Juan Martìn del Potro for the decider, propelled the South American nation into their first final since 2011 when they lost to Spain. Argentina will face Croatia, who beat France 3-2 in the other semi, in the November 25-27 final. “Leo has played very good Davis Cup matches before. Meanwhile, in Zadar, Croatia, Marin Cilic swatted aside Frenchman Richard Gasquet in straight sets yesterday to send Croatia into the Davis Cup final for only the second time.
Monday, September 19, 2016 Bomb explodes in New York City injuring 29New York City Police Department (NYPD) officers stand near the site of an explosion in the Chelsea neighbourhood of Manhattan, New York, yesterday. “Tonight, New York City experienced a very bad incident,” de Blasio said at a press conference near the scene in Chelsea. Governor Andrew Cuomo, touring the site of the blast in Manhattan’s Chelsea neighbourhood, said there didn’t appear to be any link to international terrorism. ‘It was crazy’“People didn’t know what was going on, and that’s what was scary,” said Anthony Zayas, an actor who was in the Chelsea neighbourhood Saturday night when the bomb went off. Officials solicited tips from the public, telling reporters at a press conference in the New York Police Department’s headquarters that they didn’t know who set off the bomb or why.
Monday, September 19, 2016 Explore or Exploit – when to do whichBy Liliana PalermoFor the HeraldThink Less, Think BetterA FRIEND of mine has a bad habit of narrating his experiences as they are taking place. In a series of experiments, we gave participants a free-association task while simultaneously taxing (7) their mental capacity to different degrees. Other times, we rely on, or “exploit,” what we already know, leaning on our expectations, trusting the comfort of a predictable environment. If creativity is markedly stymied by mind wandering, it is stymied to an extent that is very noticeable, striking and significant. The good side of this is that –by all indications in the language – those who have to deal with a wandering mind are quite a number.
September 19, 2016 00:45 UTC
The Macri government is not blind to this factor because it devoted a full day of the forum (the last) to the theme of innovation. In summary, the three days of the Business and Investment Forum brought here some 1,500 CEOs, including the global heads of such big names as BP, Coca Cola, Dow, Siemens, etc. But perhaps the biggest immediate result of the forum came from outside the business world. There were also various news items during the forum days which were not directly related but somehow sent out pertinent signals. The 2017 budget on the forum’s last day was another obvious item of interest for the forum.
September 18, 2016 03:11 UTC