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☆ In Argentina, Three Generations of a Peronist Family Weigh Their Vote
▼ + stars: | 2023-11-18 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +7 min

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

[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

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

☆ The Buenos Aires barber's books: a history of 19,900% inflation
▼ + stars: | 2023-10-07 | by ( Adam Jourdan | Thomson Reuters | Regional Bureau Chief In South Latin America With Previous Experience Leading Corporate News Coverage In China | ) www.reuters.com time to read: +8 min

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

☆ IMF's Argentina predicament: Seek reforms and tango on or kill the music
▼ + stars: | 2023-09-15 | by ( Jorgelina Do Rosario | ) www.reuters.com time to read: +7 min

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

☆ Argentina's cabinet chief says harvest should bring economic relief
▼ + stars: | 2023-07-21 | by ( Nicolás Misculin | ) www.reuters.com time to read: +3 min

[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

The tanker Flex Artemis was in the South Atlantic and heading northeast on Thursday, according to Refinitiv vessel tracking. It had carried LNG from Yamal in Russia, according to a trader familiar with the matter, and had arrived in Argentine waters about July 14. The Flex Artemis is carrying around 160,000 cubic meters of LNG, according to Olumide Ajayi, senior LNG analyst at Refinitiv. Leo Kabouche, LNG market analyst at consultancy Energy Aspects, said warm weather in Argentina and the start of the Nestor Kirchner pipeline is likely reducing the call on LNG. Argentina turns away Gunvor-chartered LNG tanker, citing sanctions Argentina turns away Gunvor-chartered LNG tankerReporting by Marwa Rashad in London and Julia Payne in Brussels; additional reporting by Ron Bousso in London and Nicolas Misculin in Buenos Aires; Editing by Josie Kao and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Sergio Massa, Gunvor, counterparty, Olumide Ajayi, Leo Kabouche, Nestor Kirchner, Marwa Rashad, Julia Payne, Ron Bousso, Nicolas Misculin, Josie Kao, Jonathan Oatis Organizations: Energy, Argentina, Thomson Locations: Russia, France, Argentine, Yamal, Ukraine, Geneva, Argentina, Gunvor, London, Brussels, Buenos Aires

☆ Analysis: Argentina's Vaca Muerta shale boom is running out of road
▼ + stars: | 2022-12-27 | by ( Eliana Raszewski | ) www.reuters.com time to read: +8 min

[1/4] Workers stand next to a drilling rig in Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen, Argentina November 3, 2022. It holds the world's second-largest shale gas reserves and the fourth-largest shale oil deposits. Reuters Graphics'ABOUT TO COLLAPSE'On the ground in the key Vaca Muerta shale town of Anelo the signs of strain are clear. Local and regional demand is not enough," said Ricardo Markous, president of Tecpetrol, which operates the huge Fortin de Piedra field in Vaca Muerta. There are currently around eight active fracking crews in Vaca Muerta compared to nearly 280 in the United States, Rystad said.

☆ Argentine Vice President Cristina Fernández convicted, sentenced in $1B fraud case
▼ + stars: | 2022-12-07 | by ( The Associated Press | ) www.nbcnews.com time to read: +5 min

BUENOS AIRES, Argentina— Argentine Vice President Cristina Fernández was convicted and sentenced Tuesday to six years in prison and a lifetime ban from holding public office for a fraud scheme that embezzled $1 billion through public works projects during her presidency. It was the first time an Argentine vice president has been convicted of a crime while in office. Argentina’s dominant leader this century, she was accused of improperly granting public works contracts to a construction magnate closely tied to her family. The panel also sentenced Báez and her public works secretary, José López, to six years. Fernández remains the singular leader of the leftist faction of the Peronist movement.

☆ Argentina’s VP Fernández guilty in $1B fraud, gets 6 years
▼ + stars: | 2022-12-07 | by ( ) www.cnbc.com time to read: +2 min

A three-judge panel found the Peronist leader guilty of fraud, but rejected a charge of running a criminal organization, for which the sentence could have been 12 years in prison. It was the first time an Argentine vice president has been convicted of a crime while in office. Fernández lashed out at the verdict, describing herself as the victim of a "judicial mafia." Argentina's dominant leader this century, she was accused of improperly granting public works contracts to a construction magnate closely tied to her family. The panel also sentenced Báez and her public works secretary, José López, to six years.

☆ Argentina court hands VP Cristina Kirchner 6-year jail term in graft case
▼ + stars: | 2022-12-06 | by ( Nicolás Misculin | ) www.reuters.com time to read: +3 min

The powerful vice president will not face immediate prison time and is also expected to appeal the sentence, with the case likely to spend years winding through higher courts. Fernandez de Kirchner served as president for two terms between 2007 and 2015 and commands rock-star crowds of supporters. She faced charges of alleged corruption in the awarding of public works during her presidency. Defenders of the vice president maintain she was a victim of judicial persecution. Lawyers said that Fernandez de Kirchner would not go to jail any time soon because she has immunity while serving as vice president.

☆ Leader of the Madres de Plaza de Mayo in Argentina dies at 93
▼ + stars: | 2022-11-21 | by ( Associated Press | ) www.nbcnews.com time to read: +5 min

BUENOS AIRES, Argentina — Hebe de Bonafini, who became a human rights campaigner when her two sons were arrested and disappeared under Argentina’s military dictatorship, died Sunday, her family and authorities reported. She became president two years later and led the more radical of two factions of the organization until her death. Both had been members of leftist militant groups, one of them armed, de Bonafini later said. But they began gathering every Thursday, walking counterclockwise around a clocktower in the center of the plaza. Her defense of Kirchner and his wife and successor, Cristina Fernández, sometimes led to friction with other human rights groups who had criticized some of the leftist administration’s policies.

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