Two human rights organizations and two press unions filed a precautionary measure before the Inter-American Commission on Human Rights (IACHR) requesting protection after national security forces thwarted pacific protests outside Congress on Wednesday and Thursday while President Javier Milei’s omnibus bill was being discussed inside. The request was filed by the Center for Legal and Social Studies (CELS), the Center of Professionals for Human Rights (CeProDH), the Buenos Aires’ Press Union (SiPreBA), and Argentina’s Photojournalist Association (Argra). “Besides, the march wasn’t neither massive nor violent — it was peaceful.”SiPreBA General Secretary Agustín Lecchi, who signed the document, told the Herald that there was particular animosity against reporters who were covering the protest. Among them were human rights lawyer Matias Aufieri — who almost lost sight in one eye — and a photographer from La Izquierda Diario. At that moment, [human rights attorney Matías Aufieri] tells one of the officers that they had shot him in the eye,” the text continues.
Source:Bueno Aires Herald
February 03, 2024 20:44 UTC
Inter Miami announced on Friday a new multi-year partnership with leading Argentine winery Trapiche. From our position as Argentina’s leading winery, we share that view. The winery’s presence will extend to the entire stadium during Inter Miami home matches and events. “Teaming up with Trapiche […] shows the authentic partnerships we strive to bring into our ecosystem,” said Inter Miami CF Chief Business Officer, Xavier Asensi. Located in Maipú, Mendoza province, Trapiche is Argentina’s leading winery, exporting to over 80 countries.
Source:Bueno Aires Herald
February 03, 2024 12:59 UTC
The International Monetary Fund praised the Milei administration’s past and future austerity measures but warned that the path to stability will be ‘challenging’ in its latest Argentina staff report, which was published Thursday. The new schedule consists of the US$4.7 billion made in January plus US$800 million on May 10, US$532 million on August 10, and US$550 million on November 10. Calling the public sector “oversized,” the Fund welcomed the elimination of ministries and cuts in transfers to provinces. However, it warned that the government should tighten its monetary policy stance to support money demand and disinflation. However, it added, economic activity and consumption were nonetheless robust in the penultimate quarter of 2023, with record-low unemployment.
Source:Bueno Aires Herald
February 03, 2024 00:13 UTC
In the closing moments of the session, the government agreed to remove nine more companies from the list subject to privatization. The tension level in the chamber grew in the evening as information about the police crackdown against protesters on the streets began coming in through media outlets and social media. Police could be seen using water cannons, rubber bullets, and tear gas to clear protesters, hitting demonstrators, journalists, and deputies. Journalist union SIPREBA reported that at least 25 of those were media members covering the crackdown. Social leader Eduardo Belliboni, from the left-wing movement Polo Obrero, was shown lying on the ground, visibly hurt.
Source:Bueno Aires Herald
February 02, 2024 20:43 UTC
Almost 300 articles have been pruned from President Javier Milei’s omnibus bill after intense negotiations between ruling coalition La Libertad Avanza (LLA) and opposition blocs. The most recent changes were agreed during a legislative commission session on Tuesday and announced Wednesday during the ongoing session. However, the elimination of a large section of the security chapter targeting social protest and an article on the budget to protect native forests was a surprise. What’s still in the billThe privatization of 41 state-owned companies, one of the most controversial parts of the bill, was left untouched. Most of the environment chapter was left untouched, including reforms to a law protecting glaciers, and broader permission to burn fields.
Source:Bueno Aires Herald
January 31, 2024 21:55 UTC
The International Monetary Fund (IMF) has changed its forecast for Argentina’s economy and now estimates that GDP will shrink by 2.8 points in 2024 — a whopping 5.6 downward revision from its October forecast, when it expected the country’s economy to grow by 2.8 points. The IMF also calculated that the 2024 inflation rate will be around 150%, according to Chief Economist Pierre-Olivier Gourinchas. Gourinchas stated that the government is trying to reach a 2% fiscal surplus, or a five percentage point GDP adjustment, in 2024. On January 10, the IMF and Argentina reached a staff-level agreement that could mean access to US$4.7 billion. The following week, Economy Minister Luis Caputo met with Gita Gopinath, the lender’s first deputy managing director.
Source:Bueno Aires Herald
January 31, 2024 12:52 UTC
After, they will vote on the bill as a whole and then on each article separately. Major points of the bill, such as the fiscal chapter, have been removed to get more support. A source from the Hacemos bloc told the Herald that Interior Minister Guillermo Francos agreed to discuss the possibility of adding that proposal to the bill. “It is very difficult to help those who do not allow themselves or do not want to be helped,” the Hacemos source said. “We will pay special attention to the delegation of legislative powers,” the Hacemos source said, claiming that as of Tuesday afternoon, LLA had closed down on all communications.
Source:Bueno Aires Herald
January 30, 2024 23:56 UTC
Large swathes of central and northern Argentina are facing another day of intense heat on Tuesday, with maximum temperatures forecast to reach 41°C in some cases. The National Meteorological Service (SMN) has a red alert in place for Mendoza province, north and central Neuquén, northwestern Río Negro, southern San Juan, northern and western San Luis, and the south of Buenos Aires province, with maximum temperatures around 37°C. In the cities of Mendoza, San Luis and Bahía Blanca, a high of 39°C is expected this afternoon. A red alert means temperatures are “very dangerous and can affect everyone, even healthy individuals,” according to the SMN. Several districts in southern Neuquén and western and central Río Negro were under orange alert on Tuesday, indicating that temperatures can be dangerous, especially for at-risk groups.
Source:Bueno Aires Herald
January 30, 2024 19:08 UTC
If nothing else, Wednesday’s events showed that Argentina’s tradition of protesting is alive and well. Opposition to the omnibus bill and the mega-decree was the backbone of the general strike: within the demands, fighting the mega-decree’s labor reform chapter was key. It’s a far cry from Milei’s version that it can all be attributed to a “caste” clinging to its privileges. Protests are meant to be visible, meaning that attempts to curtail this characteristic are akin to censoring them. The dissonance between the government’s rhetoric and reality continued on Friday night when Economy Minister Luis Caputo announced that they would be dropping the fiscal chapter of the omnibus bill to pave the way for its approval.
Source:Bueno Aires Herald
January 28, 2024 20:04 UTC
Argentine cinema has been depicting the country’s unique and frenzied economic woes since its very beginning. Landmark films are timeless, and Sweet Money is arguably the finest depiction of struggling Argentines trying to survive their country’s swinging economy. It is also a good tutorial on what to look out for when you walk the streets of Buenos Aires. Exchange Exchange (Cambio Cambio; Lautaro García Candela, 2022)Argentines are obsessed with the U.S. dollar. In his latest film, director Lautaro García Candela set out to portray the underground exchange market with Cambio Cambio (“Exchange Exchange”), entitled as the catchphrase arbolitos blurt out all around Florida street.
Source:Bueno Aires Herald
January 28, 2024 09:11 UTC
AdvertisementOTTAWA, ON, Jan. 27, 2024 /CNW/ –Note: All times localNational Capital Region, Canada 4:00 p.m. The Prime Minister will attend the state funeral of the Honourable Ed Broadbent. Note for media:Pooled coverageThis document is also available at https://pm.gc.caSOURCE Prime Minister’s OfficeDisclaimer: 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
January 28, 2024 09:00 UTC
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Source:The Bubble
January 27, 2024 08:32 UTC
Economy Minister Luis Caputo said on Friday that the government will drop the fiscal chapter of the omnibus bill. He also stated that the lowering of the the income tax law the government is seeking, a bill Milei recently sent to Congress, has also been placed temporarily on hold. After protracted negotiations, the omnibus bill was scheduled to be voted on Thursday but was later postponed to next week to try and secure all the votes, a spokesperson for Lower House President Martín Menem told the Herald. Together with President Javier Milei’s mega-decree, the omnibus bill seeks to reshape the way in which the country’s economic and administrative systems work. The bill originally aimed to give Milei the faculty to legislate without resorting to Congress for two years, but it was reduced to one after negotiations with members of some opposition parties.
Source:Bueno Aires Herald
January 27, 2024 00:27 UTC
President Javier Milei said Argentina is “very close” to being able to dollarize its economy, a flagship proposal of the libertarian economist’s campaign that some observers said had seemingly been put on ice. “We are very close to being able to dollarize,” Milei said in an interview with Colombian journalist Patricia Jainot uploaded on Thursday to her You Tube account. “If we could clear all the interest-bearing liabilities, Argentina would be in a position to dollarize [its economy] with very little money. The president added that dollarization had been delayed due to the “macroeconomic disaster” that his government received from the previous administration. “To dollarize, you need dollars — and [the government] doesn’t have them.”The Herald reached out to a Economy Ministry spokesperson for comment but did not receive an immediate response.
Source:Bueno Aires Herald
January 26, 2024 22:35 UTC
Venezuelan President Nicolas Maduro warned on Thursday that a deal with the political opposition for elections to be held later this year was in danger of collapse, after what he has described as “conspiracies” against him. Later, U.S. officials said they were “concerned” about the arrests, which included members of the political opposition. “Today the Barbados agreements are mortally wounded, they’re in intensive care, they were stabbed, kicked,” Maduro said in a televised state broadcast. “Hopefully we can save the Barbados agreements and, through dialogue, reach real overarching agreements through national consensus,” he added. The government’s arrest of opposition members could put the agreements at risk, and cause the sanctions to snap back.
Source:Bueno Aires Herald
January 26, 2024 16:20 UTC