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How Mother Figures Impact Our Lives
  + stars: | 2024-05-09 | by ( Catherine Pearson | ) www.nytimes.com   time to read: +13 min
For Mother’s Day, The Times asked readers to tell us about the mother figures in their lives. KELLY SANDOVAL, 48, SQUAMISH, B.C., CANADAI come from a multicultural background, but the Puerto Rican side of the family lived far away. When I showed up, Linda, my host mother, picked me up from the bus stop and made me tea and crumpets. If I had a nightmare and woke my mother up, she would tell me to climb into bed with Rita. During that year I also moved into my first apartment, away from the guidance of my mother.
Persons: Sara Walcott, , , Walcott, Ruth, she’d, JUDITH SHAPIRO, Halbeck, ZEVA OELBAUM, Jacqueline, ” Jacqueline, It’s, JESSICA CHAHINE, Patty, darlin, KELLY SANDOVAL, Alina, “ Fallon, FALLON ALVAREZ, Linda, We’re, BELLA MUNTZ KIRCHNER, AUSTIN , TEXAS Tenzin, CHANTAL TORTOROLI ROBERTS, Mom, idealists, ANNETTE EUFEMIO, Miss Jordan, MARJORIE GEORGE, Yoshibe, I’m, MARY HAYES, Viola, Lois, Aunt Flossy, Frankye, DOUG MOURER, MANSON, Colleen, WENDY, Greenberg, Bach, MANUEL FIGALLO, Rita, HARRIET LISS, MARY EILEEN CONNERY McDONNELL, Wilma, Ella Fitzgerald, Judy Garland, MADLYN DICKENS, Dunn, , Parkinson’s, I’ve, ” GENEVIEVE GEER, ANYA SANCHEZ, mami ”, Kitty ” —, KITTY CHACHRA Organizations: The Times, SOUTH, CANADA, Radio City Music Hall, Miss, Gloucester Cathedral, THE, The Locations: Macon , Ga, McLEAN , VA, Kansas City, Mo, New York, MONTCLAIR, N.J, France, Paris, SQUAMISH, Puerto Rican, PORTLAND, Cambridge, England, AUSTIN , TEXAS, LARCHMONT, MANILA, PHILIPPINES, BROOKLYN, N.Y, Japan, INDIANAPOLIS, Walla Walla, Wash, Northern Idaho, Swedish, Seattle, I’m, BELLINGHAM, ARLINGTON , VA, STAMFORD, CONN, GEORGETOWN, THE BRONX, MARATHON, Cava, Spain, BOULDER, COLO, India, Toronto, longhand, Delhi, WATERLOO , ONTARIO
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
"That's when you get the good s---," said a Davos attendee who is regularly selected to join the exclusive backroom of the Annual Davos Wine Forum Tasting. Zoom In Icon Arrows pointing outwards JPMorgan took over the Kirchner Museum for its annual drinks event. Zoom In Icon Arrows pointing outwards The attire of the Davos set is decidedly not chic. Zoom In Icon Arrows pointing outwards The color of your conference badge determined access to World Economic Forum events. Zoom In Icon Arrows pointing outwards Skiing and snowboarding post panels and broadcasting was another favorite pastime of some Davos goers.
Persons: bankrolled, Vladimir Putin's, Putin, George Soros, Bill Browder, Anthony Scaramucci, Anthony, Scaramucci, queued, Latour, Donald Trump, , Mark Milley, Matt Damon, Richard Branson, Andrea Bocelli, Chris Coons, Paul Ryan, bartenders, Champagne Perrier, Chateau Latour, L'Eglise, Burgundy Olivier Bernstein Bonnes, Domaine Comte Georges de Vogue, Tenuta, Casanova di Neri, Stephen King, Browder, Doug Emhoff, Gary Cohn, Ian Bremmer, Sir Martin Sorrell, Sting, Bill Gates, Sam Altman, Marc Benioff, Ray Dalio, Emhoff, Ernst Ludwig Kirchner, Brian Moynihan, IBM's Gary Cohn, Jack Hidary, Sir Richard Moore, Barry Colson, Davos goer, Moritz, Eve, CNBCers, Emmanuel Macron, John Kerry, Joe Short, roundtables, Wyclef Jean, Diane von Fürstenberg, George Osborne, David Rhodes, Osborne, Politico's Suzanne Lynch, Princess Beatrice, David Blaine, Milley —, Tij, CNBC Tij Organizations: Economic, CNBC, Congress Center, Russian, Russian Direct Investment Fund, Moonshot Investor Network, Putin, Hermitage Capital, SkyBridge, White House Communications, Chiefs, Bordeaux Smith Haut, Platz, Politico, IBM, AB InBev, White, Trump, Eurasia Group, Capital, Microsoft, Wall Street, Billionaire Microsoft, Light, Infosys, Bloomberg House, JPMorgan, Kirchner Museum, Financial, Hotel, CNBC CNBC, Bank of America, New, Davos, U.S . Climate, Accenture, Golf Club Davos, Palantir, Chancellor, Sky News's, Sting, Workers, Swiss Army, Army, Gliding Locations: Davos, Switzerland, Soviet, Ukraine, Moscow, Hungarian, Hermitage, Providence, Europe, Davos's, Bordeaux, Bordeaux Smith Haut Lafitte, Bello, Santa Cruz, Napa Valley Tuscany, Schatzalp, Scalettastrasse, Emirates, Halifax, Canada, Salt Lake City, U.S, Palantir, Swiss
Tookes told BI it was an ivory fit-and-flare gown with a sweetheart necklace and a sheer bodice. "I was super excited they had brown," she said, as the darker shade would be a better fit for her skin tone. "You're telling me that it's free to be white, but if my bride has a different skin tone than white, she has to pay extra money to get an undergarment to match her skin tone?" How fucked is that that in 2024, the 'standard,' which is free, is a 'nude skin tone?'" "I really don't want to wear a dress that stands for charging someone more off the basis of their skin tone," Tookes said.
Persons: , Tessa Tookes, Joey Kirchner, Tookes, Kirchner, Joey Kirchner Tookes didn't, she'd, Joey, I'm, she's, TikTok Organizations: Service, Paradise :, Business, Tookes Locations: Paradise, Paradise : Canada, Ontario, New York City
Populist Javier Milei, a libertarian economist and self-described “anarcho-capitalist,” won a presidential runoff election on Sunday with 55.7% of the vote. He said Monday that he would move quickly to privatize the country's state-owned media outlets and look to do the same with other public companies. “Everything that can be in the hands of the private sector will be in the hands of the private sector,” Milei told Bueno Aires station Radio Mitre. Experts immediately questioned how far Milei would get in fulfilling that vision without the support of Argentina's National Congress, where his party holds a relatively small share of seats. Monday was a public holiday in Argentina so financial markets weren’t open, but the stocks of Argentine companies that trade in New York soared.
Persons: , privatizations, Javier Milei, , ” Milei, Bueno, Mariano Machado, Milei, Diana Mondino, Cristina Fernández de Kirchner, YPF, Andrés Gil Domínguez, Mariel Fornoni, Gustavo Arballo, ” Arballo Organizations: Bueno Aires, Radio Mitre, Argentina's National, Americas, Verisk, Central Bank of, U.S, Central Bank, Argentine, Liberty, University of Buenos, Management, La Pampa National University Locations: BUENOS AIRES, Argentina, Argentina's, Central Bank of Argentina, New York, Argentine, University of Buenos Aires
Shares in Argentina's YPF soar as Milei hints at privatization
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsCompanies Ypf Sa FollowRepsol SA FollowBUENOS AIRES, Nov 20 (Reuters) - New York-traded shares in Argentine state-run oil company YPF soared more than 40% on Monday after President-elect Javier Milei said he would seek to privatize the firm. The South American country nationalized 51% of the oil company more than a decade ago from Spain's Repsol (REP.MC). YPF is Argentina's largest oil firm and oversees development of Vaca Muerta, the world's second-largest shale gas reserve and fourth-largest shale oil reserve. Shares of YPF jumped more than 40% early in the session, before paring some gains to trade up 35.2%. Global X analyst Trevor Yates said the YPF gains were related to the increasing likelihood of it being privatized and implementing an international price parity policy.
Persons: Alberto Fernandez, Cristina Fernandez de Kirchner, Agustin Marcarian, Javier Milei, Sergio Massa, YPF, Milei, Spain's, Vaca Muerta, Trevor Yates, Yates, Eliana Raszewski, Bansari Mayu, Grant McCool Organizations: Argentine, REUTERS, Global, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, New York, Argentine, American
[1/3] Juan Manuel Cepernic and his father Marcelo pose for a photo at Marcelo's home, in Rio Gallegos, Argentina, November 14, 2023. The Cepernics remain a Peronist family, three generations of the clan told Reuters, but their support for the movement has faltered. "Maybe a few will vote for Peronism," she said from her home in the province of Santa Cruz. Jorge's son Marcelo ran as the Peronist candidate for city mayor of Rio Gallegos that year and won, serving until 1987. Reporting by Lucinda Elliott in Buenos Aires and Horacio Cordoba in Rio Gallegos; Editing by Adam Jourdan and Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.
Persons: Juan Manuel Cepernic, Marcelo, Horacio Cordoba, Rights RIO, Catalina Cepernic's, Jorge, Juan Domingo Peron, Catalina, Peronism, Peron, Peron's, Sergio Massa, Javier Milei, I'm, Marcela Cepernic, Catalina's, Massa, Marcela, he's, Rio Gallegos, Cristina Fernandez de Kirchner, Nestor Kirchner, Juan Manuel, I'd, PERONISM, Jorge Cepernic, grandpa, Jorge's, Milei's, Victoria Villarruel, Lucinda Elliott, Adam Jourdan, Rosalba O'Brien Organizations: REUTERS, Rights, Peronist, Reuters, Economy, Peronism, Milei, Santa Cruz, Rio, Massa, Rio Gallegos, Thomson Locations: Rio Gallegos, Argentina, Argentina's, Patagonia, South America, Santa Cruz, Sunday's, Peronist, El Chalten, Santa Cruz province, Rio, Peronism, Buenos Aires
The Cepernics remain a Peronist family, three generations of the clan told Reuters, but their support for the movement has faltered. "Maybe a few will vote for Peronism," she said from her home in the province of Santa Cruz. "I grew up in a Peronist family, and I'm planning to vote blank," Marcela, a retired school teacher, said from the ice cream parlor she now runs in El Chalten, a village in Santa Cruz province. He preferred not to disclose his planned vote, although he added, "I'd never vote for Milei in my life." When democracy was restored in 1983, everyone in the family supported the Peronist movement.
Persons: Lucinda Elliott, Horacio Cordoba RIO, Catalina Cepernic's, Jorge, Juan Domingo Peron, Catalina, Peronism, Peron, Peron's, Sergio Massa, Javier Milei, I'm, Marcela Cepernic, Catalina's, Massa, Marcela, he's, Juan Manuel Cepernic, Rio Gallegos, Cristina Fernandez de Kirchner, Nestor Kirchner, Juan Manuel, I'd, PERONISM, Jorge Cepernic, grandpa, Jorge's, Marcelo, Milei's, Victoria Villarruel, Horacio Cordoba, Adam Jourdan, Rosalba O'Brien Organizations: Horacio Cordoba RIO GALLEGOS, Peronist, Reuters, Economy, Peronism, Milei, Santa Cruz, Rio, Massa, Rio Gallegos Locations: Argentina, Argentina's, Patagonia, South America, Santa Cruz, Sunday's, Peronist, El Chalten, Santa Cruz province, Rio, Peronism, Buenos Aires
Argentina's main political force for decades, the ruling Peronists only months ago looked down and out. It has a new front-man, Sergio Massa, who is in a tight race to win Sunday's presidential election run-off with anti-establishment outsider Javier Milei. "If Massa wins, he will build a different leadership. PERONISM: LEFT OR RIGHT? "If Massa wins, he will have to betray CFK (Kirchner): in Peronism there is no room for two commanders," said political analyst Andres Malamud.
Persons: Sergio Massa, Agustin Marcarian, Long, Juan Peron, Evita, Javier Milei, Cristina Fernandez de Kirchner, Kirchner, Alberto Fernandez, Massa, Santiago Cafiero, Fernandez, he's, Milei, Ignacio Avalos, Julia Saggini, CFK, Andres Malamud, Nicolas Misculin, Candelaria Grimberg, Lucila Sigal, Adam Jourdan, Rosalba O'Brien Organizations: CGT, of Labor, REUTERS, Voters, Peronist, Economy, Argentine, Reuters, Massa, Thomson Locations: Buenos Aires, BUENOS AIRES, Bolivia, Cuba, United States, Peronism
Up for grabs are 8.8 million votes that went to the three losing candidates, conservative Patricia Bull, moderate Peronist governor Juan Schiaretti and leftist Myriam Bregman. Reuters GraphicsSchiaretti and Bregman, both left-leaning, in theory should shed most of their combined 2.5 million votes to Massa in the Nov. 19 head-to-head. Bullrich's 6.3 million would likely favor Milei more, but moderates in her coalition could shift to Massa. Centrist Buenos Aires city mayor Horacio Larreta lost the conservative Together for Change's internal primary to Bullrich, but did get nearly 2.7 million votes, many of which shifted to her. Luana Molenberg, a 20-year-old worker in Buenos Aires, said she hoped the anti-Milei vote would get behind Massa: "I'm very afraid that Milei will win."
Persons: Sergio Massa, Javier Milei, Agustin Marcarian, Patricia Bull, Juan Schiaretti, Myriam Bregman, Milei, Massa, Shila Vilker, Trespuntozero, Cristina Fernandez de Kirchner, Horacio Larreta, Ramiro Vitale, Luana, Federico Aurelio, Nicolas Misculin, Juan Bustamante, Adam Jourdan, Aurora Ellis Organizations: Argentine, University of Buenos, Law School, REUTERS, Peronist, Massa, International Monetary Fund, Reuters, Reuters Graphics, Reuters Graphics Reuters, Thomson Locations: University of Buenos Aires, Argentina, BUENOS AIRES, South, Bullrich, Buenos Aires
[1/2] Argentina's presidential candidate Sergio Massa gestures during a press conference a day after the first round of Argentina's presidential election, in Buenos Aires, Argentina October 23, 2023. Local media reported similar though more informal campaigns in some hospitals, and the energy secretary warned the price of subsidized gas could double. 'CHAINSAWING' THE WELFARE STATE? "At the other end of the chainsaw he totes at rallies are the pocketbooks of millions of Argentines," he added. Additional reporting by Candelaria Grimberg and Lucinda Elliott; Editing by Adam Jourdan and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.
Persons: Sergio Massa, Cristina Sille, Sergio Massa's, Javier Milei, Massa, Milei, Amparo Anzaldi, Benjamin Gedan, Wilson, Cristina Fernandez de Kirchner, Ana Monclus, meanwhile, Anna, Catherine Brigida, Candelaria Grimberg, Lucinda Elliott, Adam Jourdan, Aurora Ellis Organizations: REUTERS, Argentine Economy, Peronist, Massa, Local, International Monetary Fund, Reuters, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Argentine
CNN —Polls have closed in Argentina’s presidential elections, with the leading candidates highlighting sharp contrasts between the country’s political center and its margins amid a severe economic crisis. Inflation in Argentina has soared to 138%, Reuters reports, piling pressure on ordinary people trying to manage the cost of living. Bullrich holds up her marked ballot before putting it into the ballot box during primary elections in Buenos Aires, Argentina, Sunday, Oct. 22, 2023. Massa speaks to the press after voting at the polling station in Tigre, Buenos Aires, during the presidential election on October 22, 2023. Milei greets supporters before voting during general elections in Buenos Aires, Argentina, Sunday, Oct. 22, 2023.
Persons: Javier Milei, Patricia Bullrich, Sergio Massa, , ” Laura Celiz, Alberto Fernández, , Bullrich, Gustavo Garello, Fabiana Cantilo, Massa, Emiliano Lasalvia, Cristina Fernandez de Kirchner, Milei, Rodrigo Abd, Milei’s Organizations: CNN, YouTube, Getty, International Monetary Fund, Milei Locations: Argentina, Buenos Aires, Tigre, AFP
This remote town is also where an alleged graft and money-laundering scheme related to the El Calafate hotels owned by the Kirchner family took place. In El Calafate, architect Walter Pieroni said some properties on the edge of the main commercial center could go days without water because of poor planning. In Santa Cruz, a province of some 333,000 people, fixing things was once the role of the Kirchners. Under the Kirchners, an airport was built in El Calafate, roads were paved to the glaciers, and plots of land were distributed to locals. "But they created a model that does not work and now our children have no future in this country," said Feldman, who has lived in El Calafate since 1987.
Persons: RIO, Alicia Kirchner, Kirchner, Javier Milei, Milei, " Kirchner, Nestor Kirchner, Cristina Fernandez de Kirchner, Fernandez de Kirchner, Alberto Fernandez, Patricia Bullrich, Sergio Massa, Santa Cruz, Brian Franco, Moreno, Franco, Eugenio Quiroga, El, Walter Pieroni, Weeks, Pieroni, Guillermo Carnevale, Peronist Fernandez, Mauricio Macri, Kirchnerism, Ana, Guerrero, hadn't, We've, Danny Feldman, Feldman, Lucinda Elliott, Adam Jourdan, Daniel Wallis Organizations: Peronist, Reuters, International Monetary Fund, El, Suppliers, Thomson Locations: Argentina, Rio Gallegos, Santa Cruz, Santa, China, Brazil, El Calafate, Spain, Germany, Buenos Aires
Argentina's Economic Minister Sergio Massa and Brazil's Finance Minister Fernando Haddad (not pictured) hold a news conference, at the Casa Rosada presidential palace in Buenos Aires, Argentina, January 23, 2023. Massa has his own political structures," a spokesman for the ruling party told Reuters. He studied at a Catholic school in the suburbs of Buenos Aires, joined a conservative political party and then shifted to Peronism. He rose to chief of staff under Fernandez de Kirchner(2007-15), though later left her government under a cloud and set up his own political party. He finished third in the first round of voting when he ran for president in 2015, before he returned to the Peronist coalition as a congressman in 2019.
Persons: Sergio Massa, Fernando Haddad, Agustin Marcarian, Javier Milei, Massa, Julio Burdman, Agustin Rossi, Patricia Bullrich, Alberto Fernandez, grandee Cristina Fernandez de Kirchner, Kirchner, Fernandez de Kirchner, Nicolás Misculin, Adam Jourdan, Marguerita Choy Organizations: Argentina's Economic, Brazil's Finance, Casa, REUTERS, Peronist, Observatory, Reuters, International Monetary Fund, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, U.S, Peronism, Tigre
Argentina election 2023: what you need to know
  + stars: | 2023-10-13 | by ( Maximilian Heath | ) www.reuters.com   time to read: +5 min
The election comes as Argentine voters have been hard-hit by 124% yearly inflation that has pummeled their purchasing power. Voting centers for the Oct. 22 election open at 8 a.m. local time (1100 GMT) and close at 6 p.m. Argentina's tight election races come at a time of uncertainty for the South American country facing its worst economic crisis in decades. PROJECTIONSFar-right libertarian Javier Milei is leading the polls ahead of Argentina's Oct. 22 presidential vote, but it remains a tight race between the top three candidates, three surveys showed. All three surveys had Economy Minister Sergio Massa in second place and conservative opposition candidate Patricia Bullrich in third.
Persons: Sergio Massa, Patricia Bullrich, Javier Milei, Alberto Fernandez, Dissident Peronist Juan Schiaretti, País, Myriam Bregman, Milei, Massa, Cristina Fernandez de Kirchner, Argentina's pollsters, Maximilian Heath, Rod Nickel Organizations: por la Patria, el Cambio, La Libertad Avanza, Argentine, WHO, Libertad, la Patria, el, Dissident Peronist, Frente de Izquierda, South, International Monetary Fund, Peronist, Thomson Locations: BUENOS AIRES, Argentina, Hacemos, South American
While most traders are waiting on the sidelines, anxious about the election and unsure of libertarian frontrunner Javier Milei, some daring bond investors are moving in. "There has been a lot of pain from being invested in Argentina over the past decade," Reed said. Rob Citrone, founder of U.S.-based hedge fund Discovery Capital Management, said Argentina presented one of the best opportunities in emerging markets. The depressed values offer another reason to be bullish on Argentina's debt, said Thomas Haugaard, a portfolio manager on the emerging markets debt hard currency team at Janus Henderson Investments in Copenhagen. Armando Armenta, an analyst for Latin American fixed-income and currency markets at AllianceBernstein in New York, said it was a mixed picture.
Persons: Javier Milei, Cristina Sille, Milei, Patricia Bullrich, Sergio Massa, Christine Reed, Reed, Bullrich, Mauricio Macri's, Massa, Rob Citrone, Cristina Fernandez de Kirchner, Fernandez de Kirchner, Thomas Haugaard, Janus Henderson, Haugaard, Morgan Stanley, Armando Armenta, Milei's, Rodrigo Campos, Carolina Mandl, Adam Jourdan, Paul Simao Organizations: Argentine, REUTERS, Peronist, International Monetary Fund, U.S, Discovery Capital Management, Reuters Graphics Reuters, BancTrust, Reuters, Janus, Janus Henderson Investments, Thomson Locations: Buenos Aires, Argentina, New York, Ghana, Sri Lanka, Copenhagen, Congress, AllianceBernstein
REUTERS/Agustin Marcarian Acquire Licensing RightsBUENOS AIRES, Oct 7 (Reuters) - The hand-written entries in the two dozen notebooks - date, haircut, price - chronicle decades of a Buenos Aires barber's working life. A price of 15 pesos equaled $15 with the currency peg. In her first term the haircut price rose 117%, speeding to 200% in her second term. Haircut prices rose 133% in his four years. The earliest health insurance bill he has was 798 pesos in 2007, since when it has hit 142,636 pesos, outstripping his haircut prices.
Persons: Barber Ruben Galante, Luciano Munoz, Agustin Marcarian, Ruben Galante, Alberto Fernandez, it's, Galante, Javier Milei, he's, Carlos Menem, Raul Alfonsin, Fernando de la Rua, de la Rua, Nestor Kirchner, Cristina Fernandez de Kirchner, Nestor's, Mauricio Macri, That's, Milei, Patricia Bullrich, Sergio Massa, Luciano Muñoz, Diego Maradona, Lionel Messi, Adam Jourdan, Eliana Raszewski, Prinz, Claudia Parsons Organizations: REUTERS, Reuters, Reuters Graphics Reuters Graphics, Currency, Reuters Graphics, Monetary Fund, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Belgrano, United States
This was not a WWE wrestling show, but the 2023 presidential race in Argentina where political outsider Javier Milei is the leading candidate. Argentine presidential candidate Javier Milei for La Libertad Avanza coalition gestures next to Carolina Piparo, candidate for Governor of the Province of Buenos Aires, during a campaign rally in La Plata, Buenos Aires on September 12. Milei is presenting himself as the candidate of renewal – an offer that clearly struck a chord with people in the primary vote. “I’ll vote for Milei because I think he’ll change things,” says Eduardo Murchio, a taxi driver in Argentina’s capital Buenos Aires. A worker receives Argentine peso banknotes in a shop in Buenos Aires on Sept. 26, 2023.
Persons: , Javier Milei, , , Donald Trump, Jair Bolsonaro, Carolina Piparo, Agustin Marcarian, Trump, Milei, Milei’s, Eduardo Murchio, “ I’m, it’s, Erica Canepa, Milton Friedman –, Javier Marcus, Marcus, dollarizing, Bolsonaro, Teresa Fria, Pope Francis, Pope, Satan ”, “ Pope Francis, Emiliano Lasalvia, Patricia Bullrich, Sergio Massa, Massa, Cristina Fernandez de Kirchner, Bullrich, Anita Pouchard Serra, Claudio Jacquelin, Facundo Nejamkis Organizations: CNN, WWE, Argentine, La Libertad, National Institute of Statistics, Reuters, Bloomberg, Getty, Rosario National University, Trump, Catholic, CIA, Milei, Unity, Homeland, La, Español Locations: Argentina, Mar del Plata, Argentine, Carolina, Province of Buenos Aires, La Plata, Buenos Aires, Latin America, Ecuador, El Salvador, Panama, AFP, Argentina's
But that programme failed to put South America's second-largest economy back on its feet. Even if he wins the Oct. 22 election and takes power in December, Milei would need alliances in Congress to push through reforms and a new IMF programme - Argentina's 23rd. That effort paved the way for the $57 billion programme, which ultimately failed and was replaced by the current one. Reuters Graphics Reuters GraphicsPREFERENTIAL TREATMENTThe current programme could end before its expiration in September 2024, but Argentina will still require funds. Without mentioning Argentina, the U.S. - holding the largest voting power in the Fund - recently raised its concerns.
Persons: Javier Milei, Agustin Marcarian, Mauricio Macri's, Mark Sobel, Milei, Sobel, Sergio Massa, Martin Muehleisen, Muehleisen, Nestor Kirchner, Stephen Nelson, Nelson, Walter Stoeppelwerth, Simon Quijano, Evans, Gemcorp Capital, Jay Shambaugh, Jorgelina, Karin Strohecker, Paul Simao Organizations: Argentine, La Libertad Avanza, REUTERS, IMF, International Monetary Fund, South, Peronist, Analysts, Graphics, Review Department, U.S ., Northwestern University, Reuters Graphics Reuters, Gletir SA, Gemcorp, Thomson Locations: La Plata, Buenos Aires, Argentina, Washington, U.S, Chicago, Zambia, Sri Lanka, Ghana, Egypt, Burundi, Saharan Africa, Rosario
The payout is expected to be a significant win for Burford Capital , which funded the lawsuit brought by YPF's minority shareholders, Petersen Energia Inversora and Eton Park Capital Management. Investment bank Jefferies estimates Burford Capital is entitled to around $6.3 billion from the verdict, approximately twice the company's market capitalization. Jefferies analysts led by Julian Roberts said shares of Burford have "further to go" after the stock jumped by more than 6% on Friday alone. The $16 billion payout includes around $8.4 billion in damages plus about $7.6 billion in 8% pre-judgment interest since the April 2012 seizure date determined by the judge. "We will continue to defend energy sovereignty and our state company YPF against vulture funds," Cerruti said.
Persons: Jefferies, Julian Roberts, YPF, Cristina Fernandez de Kirchner, Loretta Preska, Gabriela Cerruti, Cerruti, Numis, Burford, Jonathan Molot, Petersen, Molot Organizations: Burford Capital, Petersen Energia Inversora, Eton Park Capital Management, Investment, Jefferies, U.S, London, Cristina Fernandez de Kirchner . U.S, District, International Monetary Fund, Argentina, Eton Park Locations: U.S, Argentina, Burford, Cristina Fernandez de Kirchner ., Repsol
REUTERS/Agustin Marcarian/Illustration/File PhotoNEW YORK, Aug 15 (Reuters) - Investors in Argentina's financial markets, where bonds and the peso slid on Monday after central bank moves following a surprise primary election result, said the vote had a silver lining: it would likely hasten long-called-for economic reforms. The result initially introduced uncertainty into asset pricing, with traders selling stocks and dollar bonds - but prices later stabilized and the local stock market closed over 3% higher. Investors said this would outweigh any worries about Milei, despite some of his heterodox pledges, including to axe the central bank and dollarize the economy. Milei faces a significant challenge still to turn the primary election win into a successful run to the presidency. The central bank also increased the benchmark interest rate to 118% from 97%.
Persons: Agustin Marcarian, Javier Milei, Patricia Bullrich, Milei, Kimberley Sperrfechter, Sergio Massa, Cristina Fernandez de Kirchner, Milei's, Walter Stoeppelwerth, Shamaila Khan, Rowe Price, Samy Muaddi, Rodrigo Campos, Adam Jourdan, Rosalba O'Brien Organizations: Argentine, REUTERS, Economics, Kimberley, Peronist, Investors, Gletir SA, Emerging Markets, Asia Pacific, UBS Asset Management, Jorgelina, Thomson Locations: Argentina, Argentine, MERV, Rosario
REUTERS/Agustin Marcarian/Illustration/File PhotoNEW YORK, Aug 15 (Reuters) - Investors in Argentina's financial markets, where bonds and the peso slid on Monday after central bank moves following a surprise primary election result, said the vote had a silver lining: it would likely hasten long-called-for economic reforms. The result initially introduced uncertainty into asset pricing, with traders selling stocks and dollar bonds - but prices later stabilized and the local stock market closed over 3% higher. Investors said this would outweigh any worries about Milei, despite some of his heterodox pledges, including to axe the central bank and dollarize the economy. Milei faces a significant challenge still to turn the primary election win into a successful run to the presidency. The central bank also increased the benchmark interest rate to 118% from 97%.
Persons: Agustin Marcarian, Javier Milei, Patricia Bullrich, Milei, Kimberley Sperrfechter, Sergio Massa, Cristina Fernandez de Kirchner, Milei's, Walter Stoeppelwerth, Shamaila Khan, Rowe Price, Samy Muaddi, Rodrigo Campos, Adam Jourdan, Rosalba O'Brien Organizations: Argentine, REUTERS, Economics, Kimberley, Peronist, Investors, Gletir SA, Emerging Markets, Asia Pacific, UBS Asset Management, Jorgelina, Thomson Locations: Argentina, Argentine, MERV, Rosario
Recent attacks on prominent figures in Latin America
  + stars: | 2023-08-10 | by ( ) www.reuters.com   time to read: +2 min
Here are some other attacks on high-profile politicians from Latin America in recent years. JAIR BOLSONARO, BRAZILDuring his first campaign trail in September 2018, far-right former Brazilian President Bolsonaro was stabbed. REUTERS/Karen ToroJOVENEL MOISE, HAITIHaitian President Moise was shot dead in July 2021 and his wife, Martine Moise, was seriously wounded when heavily armed assassins stormed the couple's home. FRANCIA MARQUEZ, COLOMBIAColombia's now Vice President Marquez had a narrow escape in May 2019 before she ran for office, when attackers launched a grenade and shot at her and other environmental activists. NICOLAS MADURO, VENEZUELAVenezuelan President Maduro accused political foes of trying to kill him during an open-air speech in August 2018 by using explosive-laden drones in capital city Caracas.
Persons: Fernando Villavicencio, CRISTINA FERNANDEZ DE KIRCHNER, Cristina Fernandez de Kirchner, JAIR, Bolsonaro, Karen Toro JOVENEL MOISE, Moise, Martine Moise, IVAN DUQUE, FRANCIA, COLOMBIA Colombia's, Marquez, NICOLAS MADURO, Maduro, Steven Grattan Organizations: REUTERS, VENEZUELA Venezuelan, Thomson Locations: Ecuador, Quito, Latin America, ARGENTINA, JAIR BOLSONARO, BRAZIL, HAITI, COLOMBIA, Colombia, Venezuela, FRANCIA MARQUEZ, VENEZUELA, Caracas, Lincoln
Explainer: Why has Ecuador become so violent?
  + stars: | 2023-08-10 | by ( ) www.reuters.com   time to read: +4 min
A view of the rally site where Ecuadorean presidential candidate Fernando Villavicencio was killed at a campaign event in Quito, Ecuador August 9, 2023. REUTERS/Karen Toro/File PhotoAug 10 (Reuters) - Ecuador was reeling on Thursday from the slaying of presidential candidate Fernando Villavicencio the night before, less than two weeks before elections were to take place. The killing of Villavicencio, a vocal critic of corruption and drug crime that have beset Ecuador, underlines a deteriorating security situation in much of South America. WHAT HAS HAPPENED TO SECURITY IN ECUADOR? Verisk Maplecroft similarly attributed an "unprecedented surge in brutal criminality" to growing " trans-national drug-trafficking organizations and violent street gangs."
Persons: Fernando Villavicencio, Karen Toro, Villavicencio, Verisk Maplecroft, Guyaquil, Guillermo Lasso, Villavicencio's, Lasso, Luis Donaldo Colosio, Colombia's, Luis Carlos Galan, Cristina Fernandez De Kirchner, Jair Bolsonaro, Oliver Griffin, Cynthia Osterman Organizations: REUTERS, Colombia's Liberal, Thomson Locations: Quito, Ecuador, South America, ECUADOR, Colombia, Europe, Paraguay, Chile, Uruguay, Argentine
[1/2] Argentina's Cabinet Chief and vice presidential pre-candidate Agustin Rossi gestures in his office during an interview with Reuters, at the Casa Rosada Presidential Palace, in Buenos Aires, Argentina July 21, 2023. REUTERS/Agustin MarcarianBUENOS AIRES, July 21 (Reuters) - Argentina's financial crisis, which has been marked by exchange rate volatility and soaring inflation, should start abating in November and December, with large foreign currency inflows from the wheat harvest, cabinet chief Agustin Rossi told Reuters on Friday. Argentina's prolonged financial crisis has been aggravated by a ferocious drought that reduced crucial agricultural exports by an estimated $20 billion this year. "(Inflation) does not go down with abrupt devaluation... We do not believe that this is necessary in Argentina," Rossi said. "We are optimistic, we believe that we will find a way," Rossi said of the IMF talks.
Persons: Agustin Rossi, Agustin Marcarian, " Rossi, Nestor Kirchner, Rossi, Sergio Massa, Alberto Fernandez, Nicolás Misculin, Alexander Villegas, Rosalba O'Brien Organizations: Argentina's, Reuters, Casa, REUTERS, Peronist, International Monetary Fund, IMF, Thomson Locations: Buenos Aires, Argentina, Agustin Marcarian BUENOS AIRES, Vaca
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