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☆ Ecuador’s drug kingpin José Adolfo ‘Fito’ Macías lived ‘like a king’ while locked up. His jailbreak shines a light on the country’s lawless prisons
▼ + stars: | 2024-02-20 | by ( Tara John | David Culver | ) edition.cnn.com time to read: +12 min

Macías’ prison cell is seen in these videos filmed by members of the military last year. Los Choneros and their main rival, Los Lobos, are believed to be allied with Mexican drug cartels in a war for dominance over Ecuador’s drug trade. Los Lobos saw an opening amid a violent power struggle in Los Choneros when Macías became its leader in 2020, say experts. In a music video shared online last year, the Los Choneros leader can be seen petting a rooster, apparently inside Guayaquil prison complex. But the press secretary of Ecuador’s president reckons the Los Choneros leader was told about an impending prison transfer.

Persons: José Adolfo Macías, Adolfo Macias, Fito, ”, Pablo Escobar, Macías, ” Jean Paul Pinto, Glaeldys, Julio Cesar Ballesteros, SNAI, Lenín Moreno, Ballesteros, Diana Salazar, “, ” Jeremy McDermott, it’s, Choneros, González, Mariachi Bravo, Macías ’, Michelle, Bravo, Fito ’, Daniel Noboa, Noboa, Patricia Bullrich, reckons, ” Roberto Izurieta, jailbreak, Fabricio Colón Pico, Ecuador’s Organizations: CNN, Ecuadorean, Forces, Ecuadorean Armed Forces, AFP, roosters, Prisons, Crisis, Los, Los Lobos, US Treasury Department, Ecuavisa, Marriott, Argentina’s, Argentine, Teleamazonas, Police Locations: La Regional, Colombian, Latin America, Ecuadorian, Ecuador, Colombia, SNAI, America, Americas, Los Lobos, Mexican, Choneros, Guayaquil, Guayaquil –, Argentine, Córdoba, Argentina, CNN Ecuador

RIO DE JANEIRO (AP) — Lionel Messi's Argentina squad celebrated like they'd won the World Cup again after a dramatic 1-0 win over archrival Brazil on Tuesday. It was Brazil's first home defeat ever in World Cup qualifying, a game that was delayed because of a brawl between fans in the stands. It was also the first time since 2009 that the five-time World Cup winners failed to score in a home game. Political Cartoons View All 1262 ImagesMessi left the pitch in the 78th minute amid a mixture of jeers and applause from Brazil fans. The 2026 World Cup in the United States, Mexico and Canada will include 48 teams, meaning direct entry for the top six teams from South America.

Persons: — Lionel Messi's, they'd, Messi, Nicolás, Fernando Diniz, they're, Ángel di Maria, “, Rodrigo de Paul, kneeled, Cristian Romero, Gabriel Martinelli, Rodrygo, Dibu Martinez, Otamendi, Lionel Scaloni, Endrick, Joelinton, ___ Organizations: RIO DE, archrival Brazil, Maracana, Inter Miami, South, Copa America, Brazil, ”, FIFA Locations: RIO DE JANEIRO, — Lionel Messi's Argentina, Brazil, Barcelona, Argentine, Argentina, Rio de Janeiro, Maracana, Rio, Qatar, ” Argentina, Uruguay, Colombia, Venezuela, Ecuador, Paraguay, Chile, United States, Mexico, Canada, South America, Bolivia, Montevideo, Peru

☆ Can Argentina really move from the peso to the dollar?
▼ + stars: | 2023-11-20 | by ( Hanna Ziady | ) edition.cnn.com time to read: +7 min

2 economy and ditch its peso currency in favor of the US dollar. Milei must tackle inflation above 140%, a shortfall in foreign currency reserves and the prospect of another painful recession. Argentina’s financial markets are closed Monday for a local holiday, but the peso weakened slightly in partial trade to stand at around 353.58 to the US dollar. Bruno Gennari, Argentina expert at fixed income broker dealer KNG Securities, said the peso was trading at $1,009 versus the dollar on crypto exchanges Monday, considerably weaker than the $869 and $975 rates seen on Friday. Dollarization means Argentina would give up the peso and use the US dollar as its currency, effectively wresting control of monetary policy from the country’s central bank and handing it to the US Federal Reserve.

Persons: London CNN — Javier Milei, Sergio Massa, Milei, ” —, —, ” Milei, ”, “, Bruno Gennari, Javier Milei, Natacha, dollarization, ” William Jackson, “ It’s, Thierry Larose, ” Larose, Kristalina Georgieva, Jackson, — Valentina Gonzalez, Stefano Pozzebon, Olesya Dmitracova Organizations: London CNN, Libertad Avanza, Peronist, “, ” Financial, Argentine, State, Banco, Grupo Financiero Galicia, KNG Securities, US Federal Reserve, AP, Capital Economics, Vontobel, Management, CNN, Monetary Fund, Bank, IMF, Reuters Locations: Argentina, New York, Brazil, Mexico, Dollarization, Argentina’s, Zurich, dollarization, Washington, DC, Argentine

RIO DE JANEIRO (AP) — Tensions remained high Friday in Rio de Janeiro on the eve of the Copa Libertadores soccer final, following a brawl between fan clubs and a fierce police response on the Copacabana beach the previous day. The incident marred the excitement ahead of the game between Brazil’s Fluminense and Argentina’s Boca Juniors, due on Saturday at Rio de Janeiro’s famed Maracana stadium. A mob swept across Copacabana beach, sending hundreds of others stampeding away from the commotion, some clutching caipirinhas and hastily-gathered clothes. The meeting was called after Thursday's brawl on Copacabana that saw nine arrested across the city's affluent southern zone, police said. “Fluminense fans came to take photos with the Argentines and the atmosphere was relaxed until 19:30 when the police arrived, hitting people with batons, firing shots and using tear gas,” Barbero said.

Persons: ”, Brazil Daniel Scioli, “, Facundo Barbero, ” Barbero Organizations: RIO DE, —, Copa Libertadores, Brazil’s Fluminense, Argentina’s Boca Juniors, Rio de, Conmebol, Brazilian Football Confederation, Argentine Football Association, Fluminense, Boca Juniors, Argentine's Diario, Boca, Argentine, Diario, Globo, Fluminense “ Locations: RIO DE JANEIRO, Rio de Janeiro, Maracana, Copacabana, South America, Brazil, Buenos Aires, Argentine, Rio

☆ Javier Milei wants Argentina to swap the peso for the US dollar. Here's what that would mean
▼ + stars: | 2023-10-23 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

For years, Argentinians have preferred to pay for many goods and services in greenbacks, rather than with their own collapsing currency, as part of an informal “blue dollar” currency market. To dollarize its economy, Argentina would need to exchange all pesos held by its people and businesses for US dollars, and assign a dollar value to all of its assets and contracts. The Fed would continue to set the cost of borrowing based on the needs of the US economy, not Argentina’s. Practical headacheThere’s another significant snag in Milei’s plan: Argentina doesn’t have enough dollars to ditch the peso. “People would need to take wheelbarrows of cash to convert to dollars,” Sabatini said.

Persons: Javier Milei, Sergio Massa, Argentina’s, JP Morgan, Argentinians, Milei, Natacha, Matias Baglietto, Reuters “ That’s, ” Christopher Sabatini, Kimberley Sperrfechter, ” Sperrfechter, It’s, ” Sabatini, Luis Robayo, Sabatini, ” Organizations: London CNN, National Institute of Statistics, Argentina’s, US Federal Reserve, Economic, Reuters, America, Chatham House, CNN, Capital Economics, International Monetary Fund, Getty, IMF Locations: Argentina, greenbacks, Washington, El Salvador, Panama, Ecuador, United States, Buenos Aires, AFP

☆ Women’s World Cup: Italy Starts a 16-Year-Old, and Germany Leans on Its Experience
▼ + stars: | 2023-07-24 | by ( Juliet Macur | The New York Times | ) www.nytimes.com time to read: +16 min

Women’s World Cup: Italy Starts a 16-Year-Old, and Germany Leans on Its Experience Italy’s Giulia Dragoni became one of the youngest players ever to appear in the tournament. Credit... Hannah Mckay/Reuters Morocco’s presence at the Women’s World Cup already has yielded a string of notable moments. Italy vs. Argentina Italy reached the quarterfinals of the last World Cup, a solid result after a 20-year absence from the tournament. The Brazilian legend is appearing in her sixth World Cup at age 37, and still hoping to capture an ever-elusive title. The South Koreans have made it to the knockout stage once in three previous World Cup appearances, in 2015.

Persons: Giulia Dragoni, Morocco Asanka Brendon Ratnayake, Hannah Mckay, Morocco James Ross, Robert Cianflone, Hamish Blair, Argentina Phil Walter, Abbie Parr, David Rowland, Argentina Buda Mendes, Panama Bienvenido Velasco, Naomi Girma, Julie Ertz, Alyssa Naeher, Andrew Cornaga, Vlatko Andonovski, Ertz, Andonovski, Alana Cook, Girma, ” Girma, Becky Sauerbrunn, Sauerbrunn, ” Andonovski, Nouhaila, Nouhaila Benzina, Prince Ali bin al, Hussein, Benzina, Morocco’s, Reynald Pedros, Ghizlane, Chebbak, “ It’s, ”, Megan Rapinoe, Quinn, Pedros, Sam Kerr, Australia’s Sam Kerr, Darren England, Kyra Cooney, Kerr, “, Sam, ” Cooney, we’re, Sam’s, ZT8aF7puDp — Tracey Holmes, Cooney, Cristiana, Phil Walter, Marta, Pia Sundhage, Milena Bertolini, Little Messi, Chiara Beccari, Italy nabbed, Cristiana Girelli Organizations: Morocco, Reuters, Associated Press, Argentina, Getty, Panama, Group, Argentina Cristiana, Brazil Group, Vietnam, United States, Tokyo Olympics, Portugal, U.S, North, Germany, FIFA, Moroccan, BBC, ., Ireland, United, European Locations: Germany, Morocco, Reuters Germany, Reuters Morocco, Associated Press Italy, Italy, Associated Press Argentina, Reuters Italy, Argentina, Brazil, Panama, Alyssa Naeher ., United States, Ertz, Netherlands, United, Vietnam, Melbourne ., Arab, France, Moroccan, Melbourne, Brisbane, Australia, Nigeria, Colombia, South Korea, Argentina Italy

☆ Lionel Messi scores fastest goal of his career with stunning effort after 79 seconds
▼ + stars: | 2023-06-15 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

The 35-year-old led his country to the 2022 World Cup title in Qatar last year, arguably the crowning triumph in one of the greatest football careers. “We always enjoy being with the national team,” Messi said afterwards. “Now there are World Cup qualifiers and the Copa America, it’s getting too ahead of yourself thinking about the next World Cup. Messi maniaDespite struggling with his club team Paris Saint-Germain last season, Thursday’s goal continues Messi’s excellent form for the Argentina national team. He finished the second top scorer at last year’s World Cup with seven goals and also provided three assists.

Persons: Lionel Messi, Messi, “ Messi, Emiliano Martínez, Germán, ” Messi, it’s, you’ve, Germain, “ Messi ”, d’Or Organizations: CNN, Australia, American, CONMEBOL, ”, Real Betis, Copa America, Socceroos, Paris Saint, Argentina national, Workers, Barcelona, Weibo, Major League Soccer, Inter Miami, PSG, Indonesia Locations: Argentina, Qatar, Beijing, ” Argentina, China, United States, Jakarta

☆ Lionel Messi apologizes to Paris Saint-Germain and teammates following unauthorized trip to Saudi Arabia
▼ + stars: | 2023-05-05 | by ( Matt Foster | ) edition.cnn.com time to read: +2 min

CNN —Lionel Messi apologized to Paris Saint-Germain and his teammates on Friday after taking an unauthorized trip to Saudi Arabia and missing training earlier in the week. “I wanted to make this video after everything that’s been happening,” Argentina’s World Cup-winning captain said in an Instagram story. The 35-year-old’s trip to Saudi Arabia meant he missed the team’s Monday training. “We welcome visitors from all around the world to experience a unique trip to Saudi Arabia and its hospitality.”Messi himself posted a promotion for Saudi tourism on his Instagram six days ago: “Who thought Saudi has so much green? Messi’s contract with the French capital’s premier football club expires on June 30, and his trip to Saudi Arabia comes amid multiple reports that the 35-year-old won’t stay at the Parisian club.

After Russia invaded Ukraine, the West formed what looked like an overwhelming global coalition: 141 countries supported a United Nations measure demanding that Russia unconditionally withdraw. South Korea Indonesia Israel Thailand Japan Saudi Arabia Philippines Afghanistan CambodiaBy contrast, Russia seemed isolated. Eritrea “Russian actions are being distorted” North Korea Russia Belarus Syria Eritrea “Russian actions are being distorted” North Korea Russia Belarus SyriaBut the West never won over as much of the world as it initially seemed. But like many other African countries, South Africa appears careful to balance its growing ties with Russia against maintaining a relationship with the West. Others that provided Ukraine with military support have declined to impose economic sanctions on Russia.

☆ Brazil and Argentina to discuss common currency
▼ + stars: | 2023-01-22 | by ( Lisandra Paraguassu | ) www.reuters.com time to read: +2 min

BUENOS AIRES, Jan 22 (Reuters) - Brazil and Argentina aim for greater economic integration, including the development of a common currency, Brazilian President Luiz Inacio Lula da Silva and Argentine leader Alberto Fernandez said in a joint article they penned. "We also decided to advance discussions on a common South American currency that can be used for both financial and commercial flows, reducing costs operations and our external vulnerability," the article said. Earlier in the day, the Financial Times reported the neighboring nations will announce this week that they are starting preparatory work on a common currency. . . a decision to start studying the parameters needed for a common currency, which includes everything from fiscal issues to the size of the economy and the role of central banks,” Argentina’s economy minister Sergio Massa told the Financial Times. Reporting by Lisandra Paraguassu; Additional reporting by Jyoti Narayan in Bengaluru; Editing by Tomasz Janowski and Diane CraftOur Standards: The Thomson Reuters Trust Principles.

☆ Brazil and Argentina to begin preparations for common currency, Financial Times reports
▼ + stars: | 2023-01-22 | by ( ) www.reuters.com time to read: +1 min

Jan 22 (Reuters) - Brazil and Argentina will announce this week that they are starting preparatory work on a common currency, the Financial Times reported on Sunday. The plan, set to be discussed at a summit in Buenos Aires this week, will focus on how a new currency which Brazil suggests calling the "sur" (south) could boost regional trade and reduce reliance on the U.S. dollar, FT reported citing officials. . . a decision to start studying the parameters needed for a common currency, which includes everything from fiscal issues to the size of the economy and the role of central banks,” Argentina’s economy minister Sergio Massa told the Financial Times. Politicians from both countries have discussed the ideaalready in 2019, but met with pushback from Brazil's central bank at the time. Reporting by Jyoti Narayan in Bengaluru Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

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