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☆ Druckenmiller says he bought five Argentinian stocks, praises Javier Milei's policies
▼ + stars: | 2024-05-07 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

"The only free market leader in the world right now, bizarrely, is in Argentina of all places," Druckenmiller said. Milei took office in December, promising economic reforms after Argentina was hit hard by inflation. I bought all of them, we did some work on them, I increased my positions," Druckenmiller said. ARGT 1D mountain The Global X MSCI Argentina ETF rose on Tuesday morning. The Global X MSCI Argentina ETF (ARGT) , which includes many of the stocks listed above, rose more than 1% in premarket trading Tuesday.

Persons: Stanley Druckenmiller, Druckenmiller, Javier Milei, Milei, Soros, Duquesne, it's Organizations: Economic, Duquesne Family, Grupo, Arcos, Banco BBVA Argentina, Mercadolibre, Grupo Financiero Galicia, Banco Locations: Argentina, Davos, U.S, Americas

☆ Two strangers swooped in to save a couple’s wedding day
▼ + stars: | 2024-04-19 | by ( Aj Willingham | ) edition.cnn.com time to read: +5 min

Ezequiel Marcellini BodasOh, and there were tears. Then, the officiant asked for their wedding rings to seal the deal. Once they realized what was wrong, the Argentinian couple offered their own wedding rings without a second thought. Photographer Ezequiel Marcellini captured images of the unexpected wedding encounter. The two couples exchanged “thank yous” and “congratulations,” and posed for a few pictures that will undoubtedly have a special place in the Jackson’s wedding album.

Persons: Shannon Jackson, ” Calivé Jackson, “, vivre, —, “ Shannon, ” Jackson, Shannon, Calivé Jackson, Ezequiel Marcellini Bodas, Ezequiel Marcellini, “ We’ve, yous ”, ” Organizations: CNN, Jacksons Locations: Playa Del Carmen, Trinidad and Tobago, Mexico

☆ Meghan, Duchess of Sussex unveils first product from American Riviera Orchard
▼ + stars: | 2024-04-16 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —Meghan, Duchess of Sussex has unveiled the first product from her new lifestyle brand American Riviera Orchard, sending jars of strawberry jam to influencers and friends. Several people have posted about the jam to social media, including fashion designer Tracy Robbins and Argentinian socialite Delfina Blaquier. “Breakfast, lunch and dinner just got a little sweeter,” Robbins wrote in the second image, with both photos showing a jar labeled “17 of 50.”A photo of American Riviera Orchard jam posted to Instagram by Tracy Robbins. Meghan rebranded the account American Riviera Orchard, and the bio confirms the account is run by her. The American Riviera Orchard website is similarly mysterious, featuring just a landing page.

Persons: CNN — Meghan, Duchess of Sussex, Tracy Robbins, Delfina Blaquier, Robbins, ” Robbins, Instagram Blaquier, ”, Meghan, butters, Richard Genow, Prince Harry, “ Organizations: CNN, Archewell Productions, Netflix Locations: Instagram, Wellington , Florida

☆ Gender-affirming surgery threatens ‘unique dignity’ of a person, Vatican says
▼ + stars: | 2024-04-08 | by ( Christopher Lamb | ) edition.cnn.com time to read: +6 min

“It follows that any sex-change intervention, as a rule, risks threatening the unique dignity the person has received from the moment of conception,” it adds. The latest Vatican document identifies various “violations” to human dignity, including in the digital world, pointing to the trends where people’s personal lives are laid bare and “combed over” anonymously. “There is a widespread notion that euthanasia or assisted suicide is somehow consistent with respect for the dignity of the human person,” the document states. He also pointed out that church opposition to abortion is not down to “fanaticism” but a consistent defense of the human person. He pointed out that the new document lists violence against women before abortion in its list of violations against human dignity.

Persons: Pope Francis, ”, Francis, “, Cardinal Victor Manuel Fernández –, ” Francis DeBernardo, ” Pope Francis, Cardinal Fernández, Cardinal Fernández’s Organizations: CNN, New Ways Ministry Locations: Torvaianica, Rome, Vatican, Africa

☆ Argentina’s Milei accused of double standards in a scandal over a 48% pay raise
▼ + stars: | 2024-03-12 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Argentina's President Javier Milei gestures while delivering his first policy speech to parliament during the inauguration of the 142nd ordinary session of Congress in Buenos Aires on March 1, 2024. Argentina's Javier Milei has been accused of hypocrisy for orchestrating a substantial increase in presidential pay while pushing through an austerity package, in a scandal that has rocked the right-wing populist's government. It reflected a 48% increase in presidential pay from January. The libertarian economist, who has often been compared to former U.S. President Donald Trump, sought to defend the pay increase by claiming it was automatically triggered by a decree signed by former President Cristina Fernandez de Kirchner 14 years ago. Opposition lawmakers, however, said the president's own signature was used on a February decree that enabled the pay increase.

Persons: Javier Milei, Argentina's Javier Milei, Milei, Omar Yasin, Donald Trump, Cristina Fernandez de Kirchner, Cristina Kirchner Organizations: 142nd, Argentine Locations: Buenos Aires, Milei

Mickey Todiwala | CNBC Make ItShe first learned about the program from her husband, who'd read about it online. Mickey Todiwala | CNBC Make ItRubia Daniels says her background in construction is helpful to envision what her final space will look like. On one recent visit to Mussomeli, Daniels brought along two fellow Californians, Alfredo Ramirez and his mother, Elena, to tour the houses. Meredith Tabbone 1-euro homeowner from ChicagoTabbone flew to see her new home for the first time in June 2019. Mussomeli, Sicily, has seen its population decline from roughly 16,000 in the 1950s to less than 10,000 today.

Persons: Rubia Daniels, Daniels, who've, Vittorio Sgarbi, Mickey Todiwala, Toti, who'd, didn't, she's, Alfredo Ramirez, Elena, Meredith Tabbone, Tabbone, Chicago Tabbone, I've, Danny McCubbin, who's, Jamie Oliver, McCubbin, Mussomeli, Prezioso, Natalie Milazzo, Milazzo, Nigrelli, Martina Giracello, Gianluca Militello, Giracello, It's, Meredith Tabbone Tabbone Organizations: CNBC, realtors, U.S Locations: Sicily, Berkeley, Calif, Italy, Salemi, Towns, Sicily's, Palermo, Belgian, Mussomeli, California, Petaluma , Calif, Sambuca, Sicilia, Chicago, United States, Australia, London, Mussomeli's, Milan, Cammarata, Caltanissetta, Europe, Africa, Airbnbs

☆ I've been living abroad since 2021. After dating in places like Spain, France, Scotland, I never want to date in the US again.
▼ + stars: | 2024-02-21 | by ( Evan Lambert | ) www.businessinsider.com time to read: +5 min

In any case, lockdowns eventually ended, vaccines were finally released, and I became a digital nomad in the summer of 2021 — and then, I began to date men abroad. Here's what I learned after dating guys in Scotland, France, Spain, and Argentina. Still, the guy was more present during our relationship than any of the men I'd dated back in the US. I had to check my privilege after dating in ArgentinaWhile dating in Argentina, I faced a bit of a reality check. To acknowledge this privilege — and balance it out — I began addressing Americans' "travel privilege" in my writing and engaging more with local communities abroad.

Persons: they'd, I'm, lockdowns, —, bonnie, I'd, Evan Lambert, Michel Organizations: Service, Scotland —, Mont Saint, US, Western Unions Locations: United States, New York, Scotland, France, Spain, Argentina, Edinburgh, Scottish, America, Mont, Central Park

☆ Jordan Spieth’s disqualification reignites ‘dumbest rule in all of sports’ debate
▼ + stars: | 2024-02-20 | by ( Jack Bantock | ) edition.cnn.com time to read: +9 min

Under Rule 3.3b (3) of the USGA Rules of Golf, the world No. “Rules are rules,” he added in his post on X, formerly known as Twitter. Spieth’s fellow pro Michael S. Kim labeled the rule “stupid,” even with “many safeguards,” while PGA Tour caddie Kip Henley lamented “another benchmark in the dumbest rule in all of sports.”“Seriously, why even have scorecards on the PGA Tour?” Henley asked in another post. USGA rules do not disqualify players for returning a score higher than their actual score, only those returned that are lower. The PGA Tour, in accordance with USGA guidelines, follows a multi-step process to check the scorecards of fields peaking at 156-strong.

Persons: Jordan Spieth, Spieth, –, Hideki Matsuyama, Michael S, Kim, Kip Henley, “, ” Henley, ”, Eddie Pepperell, Dylan Wu, Wu, Jared C, Tilton, Roberto De Vicenzo, Tommy Aaron, Vicenzo, Bob Goalby, Wyndham Clark, Carlota Ciganda, Rory McIlroy’s, we’re, ’, ” McIlroy, Ryan Kang, Xander Schauffele, ” “ Jordan, …, ” Schauffele, It’s, Scottie Scheffler, – caddie, ” Scheffler, Ronald Martinez, Luke Kerr, Dineen, Kerr, Joel Beall, ain’t, “ Spieth, “ It’s, ” Beall Organizations: CNN, Riviera Country Club, USGA, Twitter, ”, Tour, Royal Liverpool Golf Club, Evian, CNN Sport, ” CNN, PGA, NBC Sports, “, PGA Tour Locations: American, California, –, Hoylake, England

☆ Israeli strikes deepen panic in Rafah as UN aid chief warns a ground offensive could result in ‘slaughter’
▼ + stars: | 2024-02-14 | by ( Helen Regan | ) edition.cnn.com time to read: +9 min

It remains unclear how or when a ground offensive would unfold, and that uncertainty is adding to anxiety among Palestinians in Rafah about where to go and what to do. Israeli military action in Rafah “has already led to and will result in further large scale killing, harm and destruction,” the government said in its request to the World Court. “We cannot afford an Israeli attack on Rafah… We cannot stand by and let this continue,” he said. Palestinians inspect damaged buildings after Israeli airstrikes on Rafah, southern Gaza Strip, on February 12, 2024. They told us this area was safe… they told us Rafah was safe.

Persons: Leo Varadkar, Peter Lerner, ”, “ We’re, … We’re, We’ve, Mo’men, Martin Griffiths, Israel, Benjamin Netanyahu, “, Lerner, Gaza ”, UN’s Griffiths, Ashraf Amra, Antonio Tajani, King Abdullah II, Israel “, Varadkar, Karim Khan, Daniel Hagari, Abed Rahim Khatib, Khan Younis, We’re, Jarwan, ” Nahla, Netanyahu, ” Netanyahu Organizations: CNN, United Nations, International Court, Reuters, ” United, Israel Defense Forces, Residents, Getty, Criminal, European Union, Foreign Ministry, Criminal Court, ICC, Palestine Red Crescent Society, Israeli Air Force, World Health Organization Locations: Rafah, Gaza, Israel, Gazan, ” Israel, Palestinian, ” United Nations, Hamas’s, South Africa, Rafah “, Deir, Balah, Deir al, Anadolu, European, United Kingdom, Saudi Arabia, Egypt, Jordan, Qatar, China, Italian, ”, Palestine, Al

☆ Sebastian Pinera: Former Chilean president has died in a helicopter crash, says his office
▼ + stars: | 2024-02-06 | by ( Anneclaire Stapleton | Tara John | ) edition.cnn.com time to read: +3 min

CNN —Former Chilean President Sebastian Pinera has died in a helicopter crash in Chile. At the time of the crash, there was widespread rainfall in the area, but it is unclear if the weather caused the crash. Pinera, who was 74 years old, was Chile’s president from 2010 to 2014 and again from 2018 to 2022. The unrest led then-outgoing President Pinera to agree to a popular vote about the need to change the constitution inherited from the dictatorship. “I met President Pinera several years ago.

Persons: CNN —, Sebastian Pinera, of Interior Carolina Tohá, Pinera, Gabriel Boric, “, ”, Pinera’s, Michelle Bachelet, ” Boric, Luis Lacalle Pou, Javier Milei Organizations: CNN, CNN — Former Chilean, Chilean, of Interior, Harvard University, Forbes, Banco Locations: Chile, Ríos, Chilean, United States, San Jose, Uruguay, Argentina

☆ A wife and mother opened her marriage after 9 years of monogamy. A 'freedom-to-do list' helped her take the first step.
▼ + stars: | 2024-02-01 | by ( Julia Naftulin | ) www.businessinsider.com time to read: +5 min

By societal standards, Winter was living a fulfilling life as a mother, career woman, and wife — and someone who almost always followed rules. I didn't do anything that had dire consequences, but I think I needed that," Winter, the author of "More: A Memoir of Open Marriage," told Business Insider. AdvertisementNow with 15 years of an open marriage under her belt, Winter's memoir chronicles her trial-and-error approach to creating the marriage and life she desired. Winter vowing to 'do dumb shit' catapulted her into an open marriageIn making her list, Winter learned how openness in a relationship is often about more than sex. Winter told BI that having sex outside her 24-year marriage over the years has also helped her feel more at peace with her life as a mother and wife.

Persons: Molly Roden Winter, —, Stewart, Winter Organizations: Service, Business Locations: New York City, Brooklyn

BUENOS AIRES, Argentina (AP) — An Argentine court on Tuesday overturned labor rules proposed by President Javier Milei that would make it easier to fire workers, in a new blow to the leader's efforts to shake up regulations that he says have hampered the country's struggling economy. The appeals court already temporarily suspended the incoming president's new regulations in early January after a legal challenge brought by the main union group, the General Labor Confederation. Milei's administration did not immediately say whether it would do so. Milei in December announced a decree that would make several changes to labor rules, like increasing job probation from three to eight months, reducing severance compensation and allowing the dismissal of workers who take part in blockades during protests. Last week, the president faced a one-day general strike, organized by the biggest union, but some government officials downplayed the effects of the protest.

Persons: —, Javier Milei, Milei Organizations: General Labor Confederation, Congress Locations: BUENOS AIRES, Argentina, Argentine, Buenos Aires

☆ Messi's new Inter Miami soccer jersey replaces crypto firm logo with cruise operator icon
▼ + stars: | 2024-01-25 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Benjamin Cremaschi #30, Lionel Messi #10 and Luis Suarez #9 of Inter Miami CF unveil new jerseys during the Royal Carribean & Inter Miami CF Launch Event on January 23, 2024 in Miami, Florida. Argentinian superstar Lionel Messi and his teammates at Major League Soccer's Inter Miami will wear the icon of Royal Caribbean International on their jerseys for the upcoming campaign, replacing crypto investment firm XBTO as the club's main sponsor. In a statement published Tuesday, Royal Caribbean International announced it would soon "make its mark front and center" on the Inter Miami's team's soccer jerseys. The sponsorship deal is likely seeking to harness Messi's popularity ahead of the eight-time Ballon d'Or winner's second season at Inter Miami. Alongside partnering with Hard Rock International for a "Milanese style" chicken sandwich, Messi recently helped Royal Caribbean International to launch its enormous "Icon of the Seas" ship.

Persons: Benjamin Cremaschi, Lionel Messi, Luis Suarez, Jason Liberty, Messi Organizations: Inter Miami CF, Royal, Inter Miami, Major League Soccer's Inter Miami, Royal Caribbean International, Inter Miami's, Royal Caribbean Group, Hard, International Locations: Miami , Florida, Florida, South Florida

☆ Argentina's shock peso devaluation weighs on sportswear brand Puma
▼ + stars: | 2024-01-24 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

German sports retailer Puma on Wednesday said Argentina's major devaluation of its currency in December hit its financial results. Full-year currency-adjusted sales growth was estimated at 6.6%, versus an outlook for high single-digit growth, with sales of around 8.6 million euros ($9.37 million). Earnings before interest and taxes (EBIT) came in at around 622 million euros. The impact was particularly pronounced in the fourth quarter, where "the application of hyperinflationary accounting led to a sales decline," Puma said in the results. However, the consensus does not take negative effects from the extraordinary devaluation of the Argentine peso into account," it added.

Persons: Puma Organizations: Puma, Argentine Locations: London

REUTERS/Mike Blake//File Photo Acquire Licensing RightsDUBAI, Dec 1 (Reuters) - A United Nations-led effort to use space satellites to detect methane leaks from fossil fuel infrastructure has alerted governments to 127 major methane plumes across four continents since its launch at the start of this year. Environment Programme's (UNEP) Methane Alert and Response System (MARS) was created to support a 2021 global pledge by more than 150 countries to cut methane emissions by 30% by 2030. "Every kilogram of methane matters, but what we can see from our satellites is only the most outrageous of those emissions," said Manfredi Caltagirone, head of UNEP's International Methane Emissions Observatory. While satellites picked up more than 127 major plumes in 2023, some appeared short-lived and therefore too hard to trace, he said. Super-emitting events such as these are responsible for between 8% and 12% of methane emissions from the oil and gas industry.

Persons: Mike Blake, Manfredi Caltagirone, Caltagirone, Gloria Dickie, Barbara Lewis Organizations: REUTERS, Rights, United Nations, Programme's, UNEP, MARS, Thomson Locations: Pixley , California, U.S, Argentina, Dubai

☆ How do the Croc Docs, a team of Florida scientists who wrangle crocodiles and alligators, stay safe? 'Very carefully.'
▼ + stars: | 2023-11-23 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +7 min

University of Florida's Croc Docs are a team of biologists who study crocodilians and other reptiles. Mazzotti has spent the decades since studying crocodiles, alligators, and many other reptile species in Everglades National Park and beyond. The Croc Docs' work includes monitoring alligators and crocodiles to see how they are responding to Everglades restoration. University of Florida's Croc DocsOne of the Croc Docs' latest successes has been nearly eradicating invasive caimans from south Florida. Many of the species the Croc Docs deal with, like Burmese pythons, are rare and incredibly cryptic, with a very low probability of actually being spotted.

Persons: Frank Mazzotti, Doc, —, hadn't, Mazzotti, feasted, He's, Elizabeth Sutton, they've, it's, William Whelpley, Analise, There's Organizations: Florida's, Service, University of Florida, Sports Illustrated, Business, University of Florida's, of Florida's, Docs Locations: Florida, Caribbean

☆ Violent clashes mar Brazil v Argentina World Cup qualifier
▼ + stars: | 2023-11-22 | by ( Fernando Kallas | ) www.reuters.com time to read: +2 min

[1/4] Soccer Football - World Cup - South American Qualifiers - Brazil v Argentina - Estadio Maracana, Rio de Janeiro, Brazil - November 21, 2023 Fans clash with security staff in the stands causing a delay to the start of the match REUTERS/Ricardo Moraes Acquire Licensing RightsRIO DE JANEIRO, Nov 21 (Reuters) - The start of the World Cup qualifier between Brazil and Argentina was delayed by half an hour after violent clashes between police and visiting fans at Maracana Stadium on Tuesday. Some Argentina fans responded by ripping up and throwing seats at the officers as nearby fans panicked and came onto the pitch to escape the fighting. One Argentina fan lay prone on the pitch with a bloodied face before being taken from the stadium on a stretcher. On Tuesday, the Argentina players eventually returned once the police had corralled the visiting fans in a pen and the match started after a lengthy delay. It was a third straight defeat for five-times World Cup winners Brazil, who had midfielder Joelinton sent off 18 minutes from time.

Persons: Ricardo Moraes, Lionel Messi, Messi, Nicolas Otamendi, Joelinton, Fernando Kallas, Nick Mulvenney, Stephen Coates Organizations: Soccer, Estadio Maracana, REUTERS, DE, Maracana, Argentina, Libertadores, Argentina's Boca Juniors, Brazil's Fluminense, Copa Libertadores, Brazil, Thomson Locations: Brazil, Argentina, Rio de Janeiro, DE JANEIRO

☆ The US dollar is central to Argentina's plan to fix its broken economy. There's just one hitch.
▼ + stars: | 2023-11-22 | by ( George Glover | ) www.businessinsider.com time to read: +5 min

Argentina's new president Javier Milei wants to adopt the US dollar to tame sky-high inflation. There's a major problem with his plan to revive the ailing South American economy. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRight-wing economist Javier Milei won Argentina's presidential runoff Sunday – and that means the country could soon ditch the peso for the US dollar. Under the president-elect's plan, the government would scrap the peso and replace it with the dollar.

Persons: Javier Milei, doesn't, —, Milei, Mary, Read, John Hopkins, Steve Hanke, Guillermo Ortiz, Nora Mazzini, Lucila Bonilla Organizations: Service, Central Bank of, US Federal Reserve, International Monetary Fund, Bank, Reuters, Bloomberg, Bank of Mexico, Economics, Oxford Economics Locations: Central Bank of Argentina, Ecuador, El, Panama, Argentina, Mar del Plata, Argentine

☆ Fact Check: Image of Argentina’s new VP wearing white dress is digitally altered
▼ + stars: | 2023-11-22 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

An image of Argentina’s newly elected Vice-President Victoria Villarruel wearing a white dress alongside her running mate Javier Milei is digitally altered. In the original photograph, Villarruel was pictured wearing a suit jacket. In the unaltered photograph, Villarruel was wearing a light blue blazer, not a long white dress. The unaltered photograph was published by various Argentinian outlets including El Tribuno and El Diario Argentina. The original photo shows Victoria Villarruel wearing a suit jacket, not a white dress.

Persons: Victoria Villarruel, Javier Milei, Villarruel, El Tribuno, Milei, Sergio Massa, Read Organizations: Facebook, Twitter, El, El Diario, YouTube, Argentine Nation, Congress, La, Economy, Reuters, Thomson Locations: Villarruel’s, El, El Diario Argentina, La Nacion

☆ Argentina hand Brazil third straight loss after crowd trouble at Maracana
▼ + stars: | 2023-11-22 | by ( Fernando Kallas | ) www.reuters.com time to read: +3 min

"The truth is that this group continues to achieve historic things, once again," Argentina captain Lionel Messi told reporters. "It is something very nice to be able to win here in Brazil, after how strong they have been at home throughout their history." Brazil were arguably the better side and almost scored from a corner just before halftime through a Gabriel Martinelli strike that defender Christian Romero cleared off the goal line. They wasted a golden opportunity to score in the 47th minute when Martinelli missed an absolute sitter, striking a close-range shot straight at the goalkeeper. Reporting by Fernando Kallas, editing by Nick MulvenneyOur Standards: The Thomson Reuters Trust Principles.

Persons: Nicolas Otamendi, Lionel Messi, Gabriel Martinelli, Christian Romero, Vinicius Jr, Marquinhos, Martinelli, Otamendi, Celso, Joelinton, Rodrigo de Paul, Fernando Kallas, Nick Mulvenney Organizations: RIO DE, Brazil, Argentina, Thomson Locations: RIO DE JANEIRO, Argentina, Brazil

☆ Argentina President-Elect Milei Meets Outgoing Fernandez After Election Win
▼ + stars: | 2023-11-21 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

BUENOS AIRES (Reuters) - Argentinian President-elect Javier Milei arrived on Tuesday morning at the presidential residence in the suburbs of Buenos Aires to meet outgoing Peronist leader Alberto Fernandez, to begin a transition that looks likely to be complex. Local television showed the arrival of Milei, a libertarian who has pledged to privatize public firms, eliminate the central bank and dollarize the economy, at the presidential residence in Olivos. Fernandez failed to tame inflation heading towards 150%. Spokespeople for Milei and for Fernandez declined to give further details about the meeting. Milei, an outsider libertarian who has rattled the South American country's political landscape with his abrupt rise, beat Peronist Sergio Massa in a run-off election on Sunday.

Persons: Javier Milei, Alberto Fernandez, Fernandez, Peronist Sergio Massa, Nicolas Misculin, Nick Macfie Organizations: BUENOS AIRES, Reuters, Peronist Locations: BUENOS, Buenos Aires, Olivos, China, Brazil

☆ Argentine ETF trading surges after election, led by small investors
▼ + stars: | 2023-11-20 | by ( Suzanne Mcgee | ) www.reuters.com time to read: +2 min

The Global X MSCI Argentina ETF , which offers exposure to a basket of the country's most liquid stocks, soared more than 13% on Monday and hit its highest level since September. While the South American country's markets are closed on Monday for a local holiday, U.S.-listed shares of Argentinian companies also surged in U.S. trading. The gains for the ETF came through large amounts of small trades, Todd Sohn, an ETF analyst at Strategas in New York, said. By mid-morning, the value of trading in the ETF had topped $11 million, compared with average of about $1 million a day throughout 2023. "These small country funds are ideal vehicles for small day traders who jump on events" like Sunday's presidential election in Argentina, Sohn said.

Persons: Agustin Marcarian, Argentina's Javier Milei, Todd Sohn, Sohn, Suzanne McGee, Megan Davies, Andrew Heavens Organizations: REUTERS, Argentina ETF, Management, Inc, U.S, Banco, Grupo Financiero, Thomson Locations: Buenos Aires, Argentina, American, New York, ARGT, Grupo Financiero Galicia

☆ OpenAI Upheaval in Focus, Microsoft Stock Edges Higher: Stock Market News Today
▼ + stars: | 2023-11-20 | by ( ) www.wsj.com time to read: +1 min

Microsoft stock was gaining after the software giant said Sam Altman—OpenAI's fired chief executive—would lead its new advanced AI research team . Now more than 500 OpenAI employees have threatened to leave the company if the current board doesn't resign and reinstate Altman. The chip maker’s stock—which has been a big contributor to the S&P 500's gains this year—was also higher in recent trading. All three major stock indexes are coming off their third straight weekly advance, including a 2.2% gain for the S&P 500. Benchmarks in Asia mostly rose, with consumer and tech stocks helping push Hong Kong’s Hang Seng Index up 1.9%.

Persons: Sam Altman — OpenAI's, —, Altman, Javier Milei Organizations: Microsoft, Nvidia, Nasdaq, Bayer, Bristol Myers Squibb, U.S, Treasury, greenback, Global Locations: OpenAI, U.S, Europe, Asia

☆ Peso dollarization: Milei’s victory in Argentina election puts the currency’s future in doubt
▼ + stars: | 2023-11-19 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +1 min

CNN —Libertarian Javier Milei’s victory Sunday in Argentina’s presidential run-off contest has far-reaching consequences for the country’s struggling economy, including the fate of the peso. A political outsider who ran on a promise to “break the status quo,” Milei’s economic platform rested on a desire to dollarize the Argentinian economy. Dollarization means the country would give up the Argentine peso and use the US dollar as its currency. Milei’s proposal to switch Argentina’s currency from the peso to the US dollar rests on the argument that the dollar is stronger than the peso and, unlike the peso, cannot be printed at will. Sergio Massa, the country’s current economy minister and Milei’s run-off opponent, had criticized the plan for dollarization as a surrender of national sovereignty.

Persons: Javier Milei’s, Sergio Massa, CNN’s Abel Alvarado Organizations: CNN, Argentine, Cato Institute Locations: Washington decisionmakers, Ecuador, El Salvador, Argentina, Washington , DC

☆ Italy's Transgender Women Thank Pope for Making Them Feel 'More Human'
▼ + stars: | 2023-11-19 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

But for transgender women who live there it had seemed light years away until a rapprochement with the Catholic Church that began during the COVID-19 lockdown and led to an invitation to have lunch with Pope Francis on Sunday. Last week, the Vatican's doctrinal office issued a statement saying transgender people can be godparents at Roman Catholic baptisms, witnesses at religious weddings and receive baptism themselves. As well as sending money, the cardinal arranged for them to have COVID vaccinations in the Vatican and to meet the pope. "For us, he is our saint," Salas said of Conocchia last week. On Sunday, Conocchia arrived at the Vatican on a bus with about 50 poor from his parish, including transgender people, both foreign born and Italian.

Persons: Oriana Boselli, Antonio Denti, Philip Pullella TORVAIANICA, Pope Francis, Claudia Victoria Salas, Carla Segovia, Salas, Francis, Father Andrea Conocchia, Conocchia, " Salas, Segovia, Philip Pullella, Barbara Lewis Organizations: VATICAN CITY, Catholic Church, Immaculate Locations: Italy, VATICAN, Torvaianica

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