TriNet Announces Fourth Quarter, Fiscal Year 2023 Results, and Dividend Initiation
Net income was $67 million , or $1.31 per diluted share, compared to net income of $49 million , or $0.78 per diluted share, in the same period last year. , or per diluted share, compared to net income of , or per diluted share, in the same period last year. , or per diluted share, compared to Adjusted Net Income of , or per diluted share, in the same period last year. Net income was $375 million or $6.56 per diluted share, compared to net income of $355 million or $5.61 per diluted share, in 2022.or per diluted share, compared to net income of or per diluted share, in 2022. Adjusted Net income was $446 million or $7.81 per diluted share, compared to net income of $448 million or $7.07 per diluted share, in 2022.or per diluted share, compared to net income of or per diluted share, in 2022.
Source:The Bubble
February 16, 2024 09:39 UTC
‘People despise politicians’: Milei excoriates Congress, claims progress on inflation
President Javier Milei welcomed January’s inflation figures as a slowdown and lashed out against politicians who rejected his omnibus bill reform package in an hour-long interview with LN+ television channel on Wednesday night. The president argued that inflation is always monetary, comparing emission to trying to photocopy a plate of pasta. “If we’re going to eat dinner and we have pasta for the two of us, but then Esteban and Luis come along. In the document, she argued that dollar scarcity, not money printing, is the main driver of inflation. Milei promised that once this happens, his government would be able to release currency controls.
Source:Bueno Aires Herald
February 16, 2024 02:51 UTC
Argentina’s SMEs can now purchase dollars at the official rate
Through March 9, 10,000 SMEs with debts of up to US$500,000 will be able to access dollars through a schedule established by the Economy Ministry. The Central Bank made the decision days ago as demand for series 1 BOPREAL bonds improved, mostly from big businesses. That accounts for almost 80% of SMEs and over 70% of registered companies, according to the Central Bank. Central Bank dollar purchasesThe other factor at play is the Central Bank’s purchases, which are inspiring greater confidence. That’s putting pressure on the exchange rate.
Source:Bueno Aires Herald
February 16, 2024 01:43 UTC
El Cruce: What it’s like running Patagonia's 100km mountain ultramarathon
It was my second day running Argentina’s most daunting endurance run, and every part of my body was aching in protest. I prepared for and ran El Cruce with 13 runners from Palermo Adventure Team. Danielle embarks on El Cruce. El Cruce organizers take care of setting up tents, cooking, and transporting bags between campsites. Saucony El Cruce is in early December each year.
Source:Bueno Aires Herald
February 15, 2024 11:09 UTC
Argentina starts 2024 with a 20.6% monthly inflation rate
Argentina’s monthly inflation rate reached 20.6% in January 2024, according to the National Institute for Statistics and Census (INDEC, for its Spanish acronym). The category that saw the biggest monthly increase is “other goods and services,” which went up by 44.4%. It was followed by transportation, which went up by 26.3% mainly due to increases in public transportation and fuel. However, the Fund’s chief economist, Pierre-Olivier Gourinchas, said in a press conference that inflation would decrease to “single digits by the middle of this year” and could fall “even further.”The IMF calculated that the 2024 inflation rate will be around 150% and that the country’s GDP will fall by 2.8 percentage points. You may also be interested in: OECD: Argentina inflation projected to hit 251% in 2024
Source:Bueno Aires Herald
February 15, 2024 11:08 UTC
Forced by political weakness, Milei is set to explore joint government with PRO
Within this context of extreme political weakness and institutional fragility, Milei will negotiate with Mauricio Macri the possibility of forming a joint government with PRO. The main opposition to this is Karina Milei, who continues to reject a merger between PRO and LLA. “When you get back, we’ll talk.” In an almost disdainful tone, Macri exchanged messages with Milei while the president was in Israel and Rome. He admires Milei’s conviction to carry out austerity measures without considering the political costs but doubts his management capacity. Without allies and confronted with the governors, Milei is now withdrawing into his inner circle while he awaits a call from Macri.
Source:Bueno Aires Herald
February 14, 2024 14:12 UTC
Argentina Open 2024: Schwartzman hints at retirement, Coria wins 3-hour epic
This week, the Herald is reporting on the ground from the Argentina Open, so check back for updates! Former top ten Argentine Diego Schwartzman (118th ATP singles ranked) hinted at retirement after losing 2-6, 6-1, 6-4 to Colombian Daniel Galán (80) in the Argentina Open. After a marathon game lasting over three hours, the Argentine won 7-5, 4-6, 7-5 to secure a spot in the round of 16. Image: Diego Schwartzman plays at the 2024 Argentina Open. Source: Argentina Open press
Source:Bueno Aires Herald
February 14, 2024 02:45 UTC
Buenos Aires to host 2024 Copa Libertadores final
The 2024 Copa Libertadores final will be played in Buenos Aires. Es oficial: Buenos Aires será sede de la final de la Copa @Libertadores 2024. 😀🩵🇦🇷 — AFA (@afa) February 13, 2024While Buenos Aires will be hosting, the stadium has yet to be announced. Buenos Aires has 18 football stadiums — more than any other city in the world. “I’d love to host the 2024 final here,” River president Jorge Brito told InfoBae recently.
Source:Bueno Aires Herald
February 13, 2024 23:05 UTC
Has the government gone dead cat?
Buenos Aires Herald editorialIn British politics, a strategy known as the dead cat has entered the limelight in recent years. As Boris Johnson wrote in 2013, when you have lost an argument beyond all hope, the dead cat is a way of distracting your adversaries. If you slam a dead cat onto the table, you may not win — but you can be pretty sure people will be talking about something else because now there’s now a dead cat on the table. As with the omnibus bill failure, what’s really behind the anti-abortion bill that fell flat despite raising alarms is an open question. Either way, it seems like the bizarre dead cat metaphor could be useful in the coming years.
Source:Bueno Aires Herald
February 12, 2024 00:31 UTC
Translation troubles: half oranges
In that sense, the literal translation works pretty well, since finding a partner is unfortunately framed as a “hunt” in several languages. As a fun aside, the person being targeted by the metaphorical greyhounds is usually oblivious to it. Fun as flying greyhounds sound, we’d usually just say te está tirando onda. ChamuyoThis lunfardo titan is used all the time: it’s “sweet talk,” the act of sweet talking (the verb form chamuyar) and sweet talker (chamuyero/a/e). Share your thoughts and translation hang-ups with us on Facebook, Twitter or Instagram!
Source:Bueno Aires Herald
February 11, 2024 20:36 UTC
An exhibition that explores AI, culture, and what it means to be an artist today
Technology and art have long overlapped, but talk about crossovers between the two has skyrocketed since the eruption of Artificial Intelligence (AI). The main feature is the art exhibition, featuring works by artist Tomás García, which will be on display all month. Aimed at advanced users, the talk will show how digital creators can use AI as an “assistant” in the creative process. There will also be a panel discussion on the ethical and cultural debates surrounding the relationship between AI and art. The speakers will be artist Tomas García, art duo Hypereikon, and Walter Gamarotta, Technological Director of Orsai, a platform-cum-cultural community that produces books, magazines, and films.
Source:Bueno Aires Herald
February 10, 2024 23:45 UTC
Buenos Aires policewoman’s car filled with cocaine explodes
A Buenos Aires police sergeant’s car with nearly 20 kilograms of cocaine hidden in the gas tank exploded in Orán, Salta, on Wednesday. An Orán judge ordered Chaparro to be put under preventive detention for sixty days, following the request of a prosecutor. The incident occurred Wednesday night at a Orán gas station where Chaparro arrived aboard a Ford Fiesta with her children. After the explosion, people in the station noticed that the car and the surrounding area were covered with a white powder that turned out to be cocaine. She was currently on medical leave and had traveled to Corrientes and then to Salta with her children, Télam reported.
Source:Bueno Aires Herald
February 10, 2024 20:16 UTC
Robot Waiter Market to Capture Revenue Share of $1.97 Billion by 2028, Driven by Evolution of Offline & Online Distribution Channels in Hospitality Industry
Robot Waiter Market to Capture Revenue Share of $1.97 Billion by 2028, Driven by Evolution of Offline & Online Distribution Channels in Hospitality Industry – AriztonAdvertisementCHICAGO, Feb. 8, 2024 /PRNewswire/ — According to Arizton’s latest research report, the global robot waiter market is growing at a CAGR of 35.14% during 2022-2028. Online distribution channels play a significant role in the robot waiter market, as they leverage the digital landscape to connect robot waiter manufacturers with potential customers. Precise estimation of market size: Accurate assessments of the robot waiter market size and its contribution and focusing on key market segments. Which region dominates the global robot waiter market share? Get the Detailed TOC @ https://www.arizton.com/market-reports/robot-waiter-water?details=tableOfContentsCheck Out Some of the Top Selling Research Reports:Agriculture Drone Market – Global Outlook & Forecast 2023-2028Robotic Floor Scrubber Market – Global Outlook & Forecast 2023-2028Automated Guided Cart Market – Global Outlook and Forecast 2023-2028Self-Service Kiosk Market – Global Outlook & Forecast 2023-2028Why Arizton?
Source:The Bubble
February 09, 2024 07:10 UTC
Government halts transport subsidies, discretionary funds to provinces
The government announced on Thursday that it would decrease subsidies to companies providing transport services nationally — a move that impacts the price of public transport across Argentine provinces. The new measure, together with a 98% cut of discretionary funding for provinces throughout January has provoked an outcry from governors. The transport cuts announced on Thursday via a communiqué include eliminating a national fund that supports public transport in the provinces (Fondo Compensador del Interior) and an unspecified decrease in subsidies for companies providing transportation services in the Buenos Aires Metropolitan Area (AMBA). According to the communiqué, this is to directly send aid to users who need it most through the SUBE transport card. “This is related to the Fiscal Pact that the governors and the national government signed between 2017 and 2018, where they committed to progressively eliminate differential subsidies.
Source:Bueno Aires Herald
February 09, 2024 00:32 UTC
Milei's deputies present bill to overturn legalization of abortion
Six deputies from Milei’s La Libertad Avanza coalition have presented a bill that would criminalize elective abortion in Argentina, overturning the landmark 2020 Congress decision to legalize the procedure. Critics have argued that the bill is a political diversion strategy to draw attention away from the failure of Milei’s omnibus bill project. The bill filed this week proposes repealing the 2020 abortion law. “We believe there is no reason, however dramatic it is, that justifies throwing away an innocent life,” the bill reads. However, as soon as the bill had been presented, deputy Lilia Lemoine told news website Corta that she had not signed the bill.
Source:Bueno Aires Herald
February 08, 2024 19:40 UTC