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The South American country's markets are closed on Monday for a local holiday, so will only fully trade on Tuesday. Overseas-listed sovereign bonds and some equities will trade, mainly in Europe and the United States. In his first speech Milei pledged speedy reforms to fix an economy mired in crisis. If Milei can convince the market that the chainsaw (fiscal discipline) is the heart and soul of his presidency then bonds rally," he said. But he still faces a divided Congress where his Liberty Advances bloc only has a small share of seats.
Persons: Javier Milei's, Sergio Massa, Juan Manuel Pazos, Milei, Mauricio Macri, Patricia Bullrich, Martin Castellano, Walter Stoeppelwerth, Gletir, Gustavo Ber, Jorgelina, Walter Bianchi, Jorge Otaola, Christopher Cushing Organizations: Peronist, FX, Institute of International Finance, Liberty, Thomson Locations: BUENOS AIRES, Argentine, American, Europe, United States, Buenos Aires, Rosario
An armored vehicle escorting a MINUSMA logistic convoy from Gao to Kidal, is parked as trucks pass by, Mali February 16, 2017. Shortly after the last U.N. convoy rolled out, the ethnic Tuareg rebels announced they had taken over the base. The Tuareg rebels signed a 2015 peace agreement brokered by MINUSMA but maintained control of much of the north from Kidal. The first sign of trouble came in early August, when fighting broke out between Mali's army and Tuareg rebels around the U.N.'s camp in Ber in the north. As in Kidal, peacekeepers destroyed equipment before leaving that could have been transported in trucks earlier, if the government had allowed.
Persons: MINUSMA, Sylvain Liechti, jeopardising U.N, couldn't, Fatoumata Sinkoun Kaba, Yvan Guichaoua, Edward McAllister, David Lewis, Michelle Nichols, Mahamat, Alexandra Zavis, Daniel Flynn Organizations: UN, DAKAR, United Nations, U.N, Reuters, Authorities, Security, Islamic State, Department of Peace Operations, Department of Operational, Wagner Group, MINUSMA, University of Kent's Brussels School of International Studies, Thomson Locations: Gao, Mali, Kidal, West Africa, Malian, al Qaeda, Algeria, Mauritania, Ber, Tessalit, Algerian, Bamako, Dakar, Nairobi, New York, N'Djamena
Sterling hits fresh multi-month lows on dollar and euro
  + stars: | 2023-09-25 | by ( Alun John | ) www.reuters.com   time to read: +2 min
Pound Sterling notes and change are seen inside a cash resgister in a coffee shop in Manchester, Britain, Septem,ber 21, 2018. Sterling, on Monday, dropped as much as 0.25% to $1.2213 its lowest since March 2023, though later steadied to trade flat on the day at $1.2242. The euro on Monday briefly touched 87.03 pence, its highest since May, and was last flat a touch below that level. "What we’re seeing today is the Chinese real estate worries bleeding into the European session, weighing on equity markets and then on the euro and sterling," said Nick Rees, FX market analyst at Monex Europe. "That builds on what happened last week with the Bank of England," said Rees, "Markets are now thinking about what the Bank is seeing in the economy."
Persons: Pound Sterling, ber, Phil Noble, BOE, Liz, Nick Rees, Rees, Alun John, Alex Richardson Organizations: REUTERS, Bank of, Bank of England, European Central Bank, Federal Reserve, FX, Monex, Global, China, HK, Thomson Locations: Manchester, Britain
A one hundred Argentine peso bill sits on top of several one hundred U.S. dollar bills in this illustration picture taken October 17, 2022. The Sunday primary vote saw outsider candidate Javier Milei, who has pledged to dollarize the economy and eventually scrap the central bank, win the largest share of the vote. Analyst Salvador Vitelli, however, said that despite the new measures a further devaluation was expected, even after the central bank pegged the official exchange rate at 350 pesos per dollar until the election. "The market does not seem to believe that they will be able to maintain the exchange rate until October," he said. Reporting by Walter Bianchi, Jorge Otaola and Lucinda Elliott; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.
Persons: Agustin Marcarian, Gustavo Ber, Javier Milei, Salvador Vitelli, Milei, Patricia Bullrich, Sergio Massa, Milei's dollarization, Peter West, Walter Bianchi, Jorge Otaola, Lucinda Elliott, Jamie Freed Organizations: Argentine, REUTERS, Reuters Graphics Reuters, Peronist, Economy, Monetary Fund, Sovereign, Thomson Locations: BUENOS AIRES, MERV
[1/3] Pound notes and change are seen inside a cash resgister in a coffee shop in Manchester, Britain, Septem,ber 21, 2018. REUTERS/Phil Noble/LONDON/SINGAPORE, July 19 (Reuters) - Sterling slid on Wednesday after lower-than-expected British inflation data suggested the Bank of England might not have to raise rates quite as high as expected, while the latest dovish comments from the Bank of Japan caused the yen to soften. ,That was the British currency's lowest in a week against the dollar, as it continued to roll off a 15-month high of $1.3144 hit Thursday. Bank of Japan Governor Kazuo Ueda said on Tuesday there was still some distance to sustainably achieving the central bank's 2% inflation target, signalling his resolve to maintain ultra-loose monetary policy for the time being, in contrast to the hawkishness at other major central banks. Economists polled by Reuters expect the Fed to deliver a 25-basis-point rate hike at its upcoming policy meeting this month, with a majority betting that will bring an end to the central bank's current monetary tightening cycle.
Persons: ber, Phil Noble, Sterling, , Kenneth Broux, Kazuo Ueda, Alun John, Rae Wee, Shri Navaratnam, Sam Holmes, Sharon Singleton Organizations: REUTERS, LONDON, Bank of England, Bank of Japan, Societe Generale, New Zealand, Federal, Reuters, Thomson Locations: Manchester, Britain, SINGAPORE, British, Asia Pacific, London, Singapore
AMSTERDAM, July 5 (Reuters) - Twitter is not the right place to seek information during an emergency, Dutch politicians and a prominent online group said on Wednesday, following an incident in which citizens were directed to the platform for updates during a large storm. Twitter could not immediately be reached for comment. "It's ridiculous to use Twitter," said Bits of Freedom spokesperson Ber Engels, citing problems with dis-information and Twitter being hard to reach quickly for people without accounts. "You might see one tweet with great information from emergency services, but maybe there are 10 tweets that Twitter prioritizes which contain completely false information," he said. The regional fire department's Twitter account is not verified.
Persons: Nico Drost's, Ber Engels, hasn't, Elon Musk, Toby Sterling, David Holmes Organizations: Twitter, Amsterdam's, Thomson Locations: AMSTERDAM, North Holland, Amsterdam, Netherlands
BUENOS AIRES/NEW YORK, June 18 (Reuters) - Argentina and the International Monetary Fund (IMF) have a $44 billion dilemma, with the two sides set to meet for crunch talks to revamp the country's huge, wobbling debt deal, key to avoiding default on billions in looming debt payments. Economy Minister Sergio Massa is expected in Washington as early as this week to try to unlock talks to accelerate IMF disbursements and ease economic targets attached to the deal, with investors and traders watching closely. "The fund knows that Argentina is a problem, it is its main debtor, but it seems to me that the negotiation has stagnated. Reuters Graphics'DAMAGE CONTROL'The government is hoping to bring forward over $10 billion in IMF disbursements scheduled for this year, though is reluctant to agree to tough austerity measures with an eye on October general elections where it faces likely defeat. "Investors are paying real attention to signs from the IMF negotiations," said economist Gustavo Ber.
Persons: Sergio Massa, Ricardo Delgado, Massa, Hugo Godoy, Gustavo Ber, Walter Bianchi, Rodrigo Campos, Adam Jourdan, Daniel Wallis Organizations: BUENOS AIRES, International Monetary Fund, Economy, IMF, Reuters Graphics, Reuters, Institute of International Finance, Reuters Graphics Reuters, Thomson Locations: BUENOS, Argentina, Washington, Argentine, Buenos Aires, China
DAKAR, June 9 (Reuters) - At least one United Nations peacekeeper was killed and four others seriously injured when their patrol was attacked in northern Mali on Friday, the peacekeeping mission MINUSMA said. MINUSMA said on Twitter the patrol first encountered an improvised explosive device and was then hit with a direct fire attack. It did not name perpetrators but said it was a "complex attack" and that updates on casualties would follow. Islamist militants, some with links to al Qaeda and Islamic State, have been waging an insurgency in northern Mali since they hijacked a Tuareg rebellion in 2012. At least 303 MINUSMA personnel have been killed in hostile acts in Mali since the start of the mission in 2013, making it the deadliest U.N. peacekeeping mission in the world.
Persons: MINUSMA, Sofia Christensen, Toby Chopra, Sriraj Organizations: United Nations peacekeeper, Twitter, Islamic, United Nations, Thomson Locations: DAKAR, Mali, Ber, Tombouctou, al Qaeda, Islamic State, Sahel
BUENOS AIRES, May 15 (Reuters) - Argentina's government is bolstering its economic defenses as it battles runaway inflation that hit 109% in April, fast draining central bank foreign currency reserves, a weakening peso and simmering market fears of a sharp-shock devaluation. The economy ministry announced a package of measures on Sunday including new interest rate hikes, more central bank intervention in currency markets and fast-tracked deals with creditors after inflation overshot all forecasts last week. Investment bank J.P. Morgan said an "onslaught of inflation" had forced the government to take "emergency measures". That's created a dilemma for the government: how to tame inflation and avoid a crash in the currency, while protecting the scarce foreign currency reserves in the bank. "If the BCRA (central bank) speeds up a devaluation, it will be adding more gasoline to the fire.
BUENOS AIRES, April 12 (Reuters) - Argentina central bank board have been discussing the idea of another potential interest rate hike from the current 78% level, an adviser to the bank said on Wednesday, with analysts anticipating a 200-basis-point raise to contend with annual inflation running at over 100%. "The possibility of a new rate rise has been raised, but it is not yet defined," an advisor to the central bank told Reuters, asking not to be named as the discussions were private. A central bank spokesman declined to comment. Analysts, however, unanimously agreed another hike was likely, with monthly inflation for March expected to have accelerated to above 7%, the fastest since July last year. He agreed the rate would likely rise to 80%.
BUENOS AIRES, April 10 (Reuters) - Argentina has patched up its wobbly economy with a so-called "soy dollar" preferential exchange rate to boost grains exports and bring in much-needed foreign currency, which analysts said would give the government breathing room, at least temporarily. "The 'farm dollar' will not create extra foreign currency, but at least will accelerate it coming in and so provide temporary relief," said economist Gustavo Ber, adding that foreign currency reserves had hit "critical levels." Reuters Graphics Reuters GraphicsThe so-called "soy dollar" was used twice last year and did help create a boost in exports, at least in the short-term helping ease availability of foreign currency. "This new measure aims to buy two months, which in the current context is not insignificant," Geretto told Reuters. Reporting by Walter Bianchi and Anna-Catherine Brigida; Editing by Adam Jourdan and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.
Dollars trade at around twice the price they do at the official exchange rate with even banks offering openly offering unofficial rates. An Economy Ministry source denied to Reuters the possibility of the formalization of official parallel FX rates, while a central bank spokesman declined to comment on the topic. Local economist Gustavo Ber said the "daily bleeding" of reserves was a rising concern, with traders closely watching what happened with the peso crawling-peg. The rising pressure on the currency has seen dollars trade at 400 pesos per dollar in parallel markets, compared to 205 pesos at the official rate. Maximiliano Donzelli, analyst at IOL, said a sharp devaluation remained unlikely despite the growing pressure, with temporary and targeted parallel rates more likely.
[1/5] A person with luggage stands in an airport hall, as airport workers protest at BER airport during a strike called by German trade union Verdi, in Berlin, Germany, March 13, 2023. REUTERS/Christian MangBERLIN, March 13 (Reuters) - Berlin, Bremen and Hamburg airports said no commercial flights would take off on Monday due to a strike by trade union Verdi over pay. "Due to the warning strike by employees at the aviation security controls, no commercial departures will take place at BER today, March 13. Incoming flights may also be affected," Berlin airport said on its website. Verdi has called for security staff to strike at Berlin airport due to disputes over pay for working nights, weekends and bank holidays that had been going on for years.
German trade union Verdi on Wednesday called on workers at Frankfurt, Munich, Stuttgart, Hamburg, Dortmund, Hanover and Bremen airports to go on a 24-hour strike, saying collective bargaining efforts had made little progress. "On Friday, February 17, 2023, there will therefore be massive disruptions to air traffic," said Fraport (FRAG.DE), the operator of Frankfurt airport, which counted more than 48 million passengers in 2022. The walkout also coincides with the start of the 59th Munich Security Conference (MSC), which brings hundreds of delegates to the Bavarian capital, including several global leaders. The issue would be discussed with the airport on Thursday, the Verdi spokesperson added. The union is currently in negotiations for three groups of workers: ground service staff, public sector officials and aviation security workers.
BERLIN, Jan 25 (Reuters) - All flights were cancelled at Germany's BER airport in the capital Berlin on Wednesday, the operator said, as staff went on strike for the day to press pay demands. The Ver.di union called on airport staff in ground services, aviation security and at the airport company to strike in the wage dispute. It called the one-day work stoppage over what it said was insufficient progress in the three parallel wage talks. [1/7] Demonstrators hold a banner during a general strike by employees over pay demands, at the Berlin Brandenburg Airport (BER), in Schoenefeld near Berlin, Germany January 25, 2023. A source told Reuters that a draft of this report forecast 6% inflation this year and 2.8% for 2024.
Strike over pay at Berlin airport grounds all flights -operator
  + stars: | 2023-01-25 | by ( ) www.reuters.com   time to read: +1 min
[1/6] A view shows empty check-in counters and kiosks, during a general strike by employees over pay demands, at the Berlin Brandenburg Airport (BER), in Schoenefeld near Berlin, Germany January 25, 2023. REUTERS/Michele TantussiBERLIN, Jan 25 (Reuters) - Staff at Germany's BER airport in capital Berlin went on strike to press their pay demands on Wednesday and the airport operator said all regular passenger flights were cancelled as a result. The Ver.di union called on airport staff in ground services, aviation security and at the airport company to strike in the wage dispute. It called the one-day work stoppage over what it said was insufficient progress in wage talks. Reporting by Klaus Lauer; Writing by Paul Carrel; Editing by Tom HogueOur Standards: The Thomson Reuters Trust Principles.
BERLIN, Jan 23 (Reuters) - The operator of Germany's BER airport in the capital Berlin expects a strike planned for Wednesday to ground all regular passenger flights, the airport operator told Reuters on Monday. Around 300 takeoffs and landings were planned for Wednesday, when 35,000 passengers were to travel via the airport. "The airport company must assume in this situation that no regular passenger flights can take place at BER on this day," a spokesperson said. The Ver.di union has called on airport staff in ground services, aviation security and at the airport company to strike in a wage dispute. The union said it expects many workers to participate and all air traffic to and from Berlin to be affected by the all day strike.
The Williams Racing team has won nine World Constructors' Championships and seven World Drivers' Championships in Formula 1. He said all F1 teams faced the challenge of "how to spend the money wisely and be highly efficient." "We won't be as competitive as someone with a few years of experience in F1," Capito said. "It's also a good opportunity for the young drivers. Capito added that he was determined to keep morale high, which "has to come from the leader."
Berlin airport reopens runways after climate protest
  + stars: | 2022-11-24 | by ( ) www.cnbc.com   time to read: +1 min
A climate activist glues herself to a runway at the Berlin Brandenburg Airport (BER) during a protest, in Berlin, Germany November 24, 2022, in this still image obtained from a handout video. The activists from the Last Generation environmental group called on the public to stop travelling by air and on the government to stop subsidising it. The protest, the latest by climate activists in Germany, also urged the government to expand cheap train travel offers. A spokesperson for the airport said the activists had entered the airport from two points in the north and south, and police had detained them. Flight tracking website FlightRadar24 showed some aircraft that were originally heading to the airport changed their route.
However in the 2023/24 financial year, gilt issuance is expected to jump to 238 billion pounds, according to the median poll forecast, the second highest ever after the 486 billion pounds of issuance in 2020/21 to fund COVID-19 support measures. “It feels like there shouldn’t be too many surprises, but the gilt market remains febrile, and even small news could create oversized reactions,” he said. Gilt issuance is distinct from public sector net borrowing (PSNB), the main borrowing measure forecast by Britain’s Office for Budget Responsibility. Here GEMMs expect PSNB, excluding public-sector banks, to rise to a median 187 billion pounds, almost double the 99 billion pounds forecast by the OBR in March. Next year it is forecast to fall to 142 billion pounds, versus an OBR forecast of 50.2 billion pounds.
Еще один пассажирский самолет Ryanair, направлявшийся из Дублина в польский город Краков, совершил вынужденную посадку в Берлине из-за сообщения о заложенной на борту бомбе. Во время проверки самолета никаких подозрительных объектов не обнаружили. xСамолет Ryanair, летевший из Дублина в Краков, вечером 30 мая совершил посадку в аэропорту Берлин-Бранденбург после получения сообщения о заложенной на борту бомбе. «Самолет Ryanair, совершивший аварийную посадку, сообщил об аварийной воздушной ситуации. Представитель берлинской полиции заявил, что во время проверки самолета и багажа пассажиров никаких опасных объектов правоохранители не обнаружили.
Locations: Дублин, Краков, Берлин, БерлинБранденбург, ЯнПетер Хаак
Procuratura din Moscova a atras atenţia să nu aibă loc manifestaţii neautorizate la aeroport şi a ameninţat că, în caz contrar, vor fi luate măsuri. El a fost externat la 23 septembrie, după ce, conform spitalului, starea sa „s-a îmbunătăţit suficient". Germania, sprijinită de aliaţii săi, a afirmat că opozantul preşedintelui rus a fost victima unei otrăviri cu un agent neurotoxic din familia Noviciok. Liderul rus a respins acuzaţiile. Oficiali ruşi au refuzat într-o primă fază să accepte şi că Navalnîi a fost otrăvit.
Persons: Opozantul, Vladimir Putin, ., Aleksei Navalnîi, El, Putin ., ruşi Organizations: Pobeda Locations: Berlin, BER, Moscova, Germania, Rusia, Rusiei, Siberia
Procuratura din Moscova a atras atenţia să nu aibă loc manifestaţii neautorizate la aeroport şi a ameninţat că, în caz contrar, vor fi luate măsuri. El a fost externat la 23 septembrie, după ce, conform spitalului, starea sa "s-a îmbunătăţit suficient". Germania, sprijinită de aliaţii săi, a afirmat că opozantul preşedintelui rus a fost victima unei otrăviri cu un agent neurotoxic din familia Noviciok. Navalnâi a dat vina pentru otrăvire pe FSB, serviciul secret al Rusiei, la ordinele lui Putin. Oficiali ruşi au refuzat într-o primă fază să accepte şi că Navalnâi a fost otrăvit.
Persons: Alexei Navalnâi, Alexei Navalnîi, Opozantul, Vladimir Putin, ., Aleksei Navalnâi, El, Putin ., ruşi Organizations: Pobeda Locations: Moscova, Berlin, BER, Germania, Rusia, Rusiei, Siberia
Mult aşteptatul nou aeroport din Berlin va trebui să îşi închidă unul dintre terminale anul viitor, la doar câteva luni după ce a fost dat în funcţiune, a declarat luni un purtător de cuvânt, potrivit DPA.Terminalul 5 va fi scos din funcţiune din martie, iniţial pentru un an, a confirmat un purtător de cuvânt al operatorului aeroportului BER.El a invocat ca motiv al deciziei pandemia de coronavirus, care a dus la scăderea drastică a numărului de pasageri.Pasagerii cunoşteau Terminalul 5 sub denumirea anterioară de Aeroportul Schoenefeld, înainte ca acesta, care data din anii '70, să fie încorporat în marele aeroport învecinat BER, din periferia de sud-est a Berlinului.Terminalul 1 a fost deschis la 31 octombrie, după o întârziere de nouă ani şi o triplare a planului iniţial de buget care era de două miliarde de euro.Terminalul 5 trebuia iniţial să stea deschis timp de mai mulţi ani, pentru că cererea de pasageri urma să depăşească actuala capacitate a noii infrastructuri, asta până când a venit pandemia.BER găzduieşte în prezent circa o cincime din numărul anticipat de avioane şi o zecime din pasageri, conform companiei sprijinite de stat care îl gestionează.BER are de fapt trei terminale, însă Terminalul 2 va rămâne închis pentru moment din cauza crizei. Nu se ştie când va fi redeschis, scrie agerpres.ro.
Organizations: Aeroportul Locations: Berlin, BER
Centrul de Mediere a Camerei de Comerț și Industrie a fost deschis după renovareCentrul de Mediere al Camerei de Comerț și Industrie a fost deschis după renovare în cadrul Proiectului de mediere și arbitraj comercial din Republica Moldova, lansat de către Organizația pentru Dreptul Internațional pentru Dezvoltare (IDLO) și Banca Europeană Pentru Reconstrucție și Dezvoltare (BER...
Organizations: Organizația, Banca Europeană Locations: Republica Moldova
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