Government backtracks, will give provinces additional funding for education
In a move seemingly meant to tone down its conflict with provincial leaders over federal tax shares, the Milei administration announced on Thursday that it will provide provinces with additional funding for education. Although the law that regulates educational funding and contains said provision has already expired, the specific article regarding shareable taxes has been renewed over the years in order to guarantee funding for education. “The specific assignment of shareable resources is intended to raise the educational budget for the provinces and BA City. A couple weeks ago, Chubut Governor Ignacio Torres (PRO) said he would stop delivering oil and gas to the rest of the country unless his province received its share of federal tax funds. Last week, Buenos Aires Governor Axel Kicillof announced he would take the Milei administration to the Supreme Court to demand that federal tax funding be restored to the province.
Source:Bueno Aires Herald
March 07, 2024 14:27 UTC
The Tel-Aviv Stock Exchange Reports the Results of the Financial Statements for the Fourth Quarter and Full Year 2023
Revenues in the fourth quarter totaled NIS 101 million , compared to revenues of NIS 86 million in the corresponding quarter last year, an 18% increase. The adjusted profit in 2023 totaled NIS 89 million , compared to NIS 51 million in 2022, an increase of 74%. The adjusted profit in the fourth quarter totaled NIS 23 million , compared to NIS 13 million in the corresponding quarter last year, an increase of 70%. The adjusted EBITDA for 2023 totaled NIS 158 million , compared to NIS 135 million in 2022, an increase of 17%. The adjusted profit in 2023 totaled NIS 89.3 million, compared to NIS 51.4 million in 2022, an increase of 74%.
Source:The Bubble
March 07, 2024 04:51 UTC
Buenos Aires 'D' subway line reopens March 7
The Buenos Aires subway line D will reopen on Thursday, Buenos Aires City Mayor Jorge Macri has announced. The line, which runs from the central business district through Palermo to Núñez, had been closed since January 8 for signaling system renovations. “We’ve sped up the modernization works and managed to reopen the D line ahead of time,” Macri posted on his X account. In January, the company operating the subway system announced the D line would be down while it upgraded to a more modern signaling system. In 2023, over 54 million passengers used the D line.
Source:Bueno Aires Herald
March 06, 2024 23:11 UTC
Brazil's Lula proposes law to regulate labor on ride-hailing apps
Brazilian President Luiz Inacio Lula da Silva sent a bill to congress on Monday to regulate labor rights of workers from ride-hailing apps in the country, which includes the need to pay a minimum wage. The proposal, which might affect ride-hailing companies such as Uber and Chinese Didi’s 99, must be approved by the Senate and Lower House to become a law. Uber said in a statement it sees the bill as “an important milestone towards balanced regulation of work intermediated by platforms.”. The bill also proposes to give ride-hailing workers rights such as a public pension and maternity benefits, in exchange for a social security contribution to be paid part by companies and part by the workers. However, it follows recent courts decisions in the country on not determining the ride-hailing workers as employees.
Source:Bueno Aires Herald
March 05, 2024 15:43 UTC
Haiti declares state of emergency amid surge in violence and massive jailbreaks
Law enforcement, firefighters, ambulance drivers, health personnel and duly identified journalists would not have to comply with the curfew, the statement added. Armed groups on Saturday night attacked the country’s largest prison, defying Haitian police forces who had called for help. Prime Minister Henry, who came to power in 2021 after the assassination of the country’s last president, Moïse, had previously pledged to step down by early February. US tells citizens to leaveThe United States called for its citizens to leave Haiti “as soon as possible” after the escalation in violence. Prime Minister Ariel Henry had recently traveled to Kenya to seal a deal for Kenyan forces to lead a planned U.N.-ratified mission to battle Haiti’s gangs.
Source:Bueno Aires Herald
March 05, 2024 06:23 UTC
Donald Trump: ‘I love Milei because he loves me!’
Former U.S. President Donald Trump praised President Javier Milei’s austerity measures and said he “loved” him during a campaign speech in Richmond, Virginia, on Saturday — although he did not mention Argentina’s libertarian leader by name. Even Argentina, they went MAGA, you know Argentina, great guy,” Trump told the crowd at the rally. He loves Trump, I love him, because he loves Trump. Milei addressed Trump as “president” and said he was “very generous” for mentioning him in his speech. If he wins against President Joe Biden, he would take office in January 2025, meaning that he would overlap with Milei’s presidential term by three years.
Source:Bueno Aires Herald
March 04, 2024 15:38 UTC
Governors weigh in on Milei’s proposed political pact
Twelve governors backed President Javier Milei’s proposal to sign a political pact amid unprecedented political tensions over the national government cutting funds for the provinces. Milei ultimately sent Torres the money his administration owed Chubut on Wednesday following a court order issued by the provincial judiciary. In a post on X after Milei’s speech, Torres wrote he “celebrates and agrees” with Milei’s pact proposal. Como lo dije en la apertura de sesiones, confío en que somos capaces de generar un canal de diálogo y de acuerdos entre las Provincias y la Nación, como lo hemos hecho con los intendentes de nuestra provincia. You may also be interested in: Congress opening speech: Milei promises to criminalize monetary emission and strip collective bargaining power
Source:Bueno Aires Herald
March 04, 2024 05:57 UTC
What’s Milei’s endgame?
Milei’s olive branch came on the heels of a grueling week for the government. All but one of Argentina’s governors backed Torres, escalating Milei’s wrath against them and worsening an already contentious relationship. Two days after Torres’ statement, Security Minister and PRO president Patricia Bullrich released a statement backing Milei. It should also be noted that Milei’s signature “omnibus bill” failed to garner support from provincial lawmakers in Congress. The main sticking point was how federal taxes were going to be shared — the same issue that sparked the feud between Governor Torres and Milei last week.
Source:Bueno Aires Herald
March 03, 2024 17:47 UTC
The Herald’s Guide to choosing your Argentine football side
BanfieldHometown: Banfield, Buenos Aires ProvinceFans dream of: Security in the first divisionBanfield is all about the family connection. Boca JuniorsHometown: Buenos Aires CityFans dream of: Seventh Copa Libertadores titleEven those who know nothing about Argentine football have heard of Boca. But, with Boca missing the 2024 Copa Libertadores, you won’t be betting on the winning side. HuracánHometown: Buenos Aires CityFans dream of: First division safetySince AFA settled Argentine football’s Big Five in 1937, clubs have quarreled over who’s sixth. Still, those who have celebrated the club’s record seven Copa Libertadores titles have stuck around at the darkest times.
Source:Bueno Aires Herald
March 02, 2024 21:01 UTC
Southwest Orthopaedic Specialists, PLLC Notifies of INTEGRIS Health Data Security Incident
AdvertisementOKLAHOMA CITY, March 1, 2024 /PRNewswire/ — On February 7, 2024, INTEGRIS Health, which manages certain electronic health data on behalf of Southwest Orthopaedic Specialists, PLLC (“SOS”), notified SOS that a recent data privacy incident experienced by INTEGRIS Health may have impacted information belonging to certain SOS patients. INTEGRIS Health is mailing letters to potentially impacted individuals, and no SOS systems were impacted by the INTEGRIS Health event. Upon becoming aware of the suspicious activity, INTEGRIS Health took steps to secure the environment and commenced an investigation into the nature and scope of the activity. Copy of Credit Report: You may obtain a free copy of your credit report from each of the three major credit reporting agencies once every 12 months by visiting http://www.annualcreditreport.com/, calling toll-free 1-877-322-8228, or by completing an Annual Credit Report Request Form and mailing it to Annual Credit Report Request Service, P.O. To place a fraud alert on your credit report, contact any of the three credit reporting agencies identified above.
Source:The Bubble
March 02, 2024 12:33 UTC
Office Beacon Rebrands as Flowz
AdvertisementLOS ANGELES, March 1, 2024 /PRNewswire/ — We are pleased to announce that Office Beacon, the leading provider of remote staffing services, is rebranding to Flowz – Staffing Simplified. Flowz plans to revolutionize remote staffing in a manner which is unprecedented in experience. CEO and Founder, Caroline Dalal says, “Rest assured, while our name changes, our dedication to providing stellar staffing services remains unwavering. This in-house platform will complement our staffing services, providing clients with even greater efficiency and effectiveness in managing their projects. Flowz offers subscription-based remote staffing solutions to clients worldwide.
Source:The Bubble
March 02, 2024 12:32 UTC
Dollar futures surge prompts CNV probe into leaked information
As the rumor mill churned, the volume of dollar futures operations shot up, with a marked acceleration after 2 p.m. The numbers speak for themselves: in just one day, the market saw over 50% of the volume normally traded in a week. “Ahead of the close of trading, activity increased due to expectations around the speech for the opening of congressional sessions,” a CNV source told the Herald. All week, rumors have circulated about possible announcements that Milei could make during his speech for the opening of sessions. In addition to the volumes, market analysts were struck by the spread between bid and offer on the contracts.
Source:Bueno Aires Herald
March 01, 2024 23:56 UTC
Argentina femicides keep rising after 2023 record, observatory says
Femicides in Argentina, already at a record level last year, have increased further in the first two months of 2024, a report from a local observatory on Friday showed, with more than one killing per day underscoring the deadly threat to women. The rise, of almost 10%, comes after Argentina saw a record 322 femicides last year according to separate official figures, amid rising poverty, political uncertainty and inflation decimating the population’s purchasing power. President Javier Milei dismantled the country’s women’s ministry, moving those responsibilities to the Human Capital Ministry. Campaigners for the rights of women and girls are concerned this will hurt protections for women. “What we are seeing, unfortunately, is that violence against women has been exacerbated,” said Ada Beatriz Rico, director of the observatory that carried out the report.
Source:Bueno Aires Herald
March 01, 2024 21:51 UTC
Global Security Solutions Market Forecast to 2029, by Systems, Services and Vertical
AdvertisementDUBLIN, Feb. 29, 2024 /PRNewswire/ — The “Global Security Solutions Market by Systems (Video Surveillance, Access Control, Thermal Imaging, Fire Protection, Entrance Control, Intruder Alarm), Services (Security Systems Integration, Remote Monitoring, VSaaS, ACaaS), Vertical – Forecast to 2029” report has been added to ResearchAndMarkets.com’s offering. The proliferation of smart cities and critical infrastructure projects is a key driver for the growth of the security solutions market. Entrance control system to account for the second highest CAGR for security solutions marketThe security solutions market for entrance control systems is experiencing growth due to an increased focus on enhancing access security in various sectors. Access control services to account for the second highest CAGR for security solutions marketThe security solutions market for access control services is witnessing substantial growth as organizations increasingly recognize the critical importance of controlling and securing physical access to their premises. Commercial vertical to account for the second highest CAGR for security solutions marketThe security solutions market for the commercial vertical is witnessing substantial growth due to an increasing recognition of security as a fundamental aspect of business operations.
Source:The Bubble
March 01, 2024 18:31 UTC
Unilumin and Huawei Jointly Unveiled the Smart Pole Site Joint Solution at MWC 2024
AdvertisementBARCELONA, Spain, Feb. 29, 2024 /PRNewswire/ — At MWC 2024, a premier annual event in the international telecommunications industry, Unilumin Group Co., Ltd. (Unilumin), in collaboration with Huawei, unveiled the Smart Pole Site Joint Solution to accelerate smart city transformation through ICT. Dr. Larry Li, Vice President of Unilumin, delivered the opening speech, titled “Multiple Integration, Group Intelligence Collaboration, to Create Smart City Neuron”. Larry Li, Eric He – CEO of Digital Site BU, Huawei, and Cui Dongfeng – Solution Director of Digital Site, Huawei, together released the Smart Pole Site Joint Solution. Based on Huawei’s smart pole site portfolio solution, this solution is designed to promote the construction of smart cities that emphasize secure, sustainable, intelligent, and efficient city operations, improved city governance, and comprehensive city sensing management. The Smart Pole Site Joint Solution not only signifies a new milestone in the construction of smart cities but also heralds a more efficient and intelligent transformation in urban governance.
Source:The Bubble
March 01, 2024 18:29 UTC