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☆ I went to a food festival where Latina chefs shared their culinary journeys — and fed my Boricua soul
▼ + stars: | 2024-05-02 | by ( Sofía Viera | ) www.businessinsider.com time to read: +7 min

I spoke with Latina chefs about their culinary crafts at a Latin food festival in New Jersey. On a warm, sunny April day in Paramus, New Jersey, the Westfield Garden State Plaza parking lot transformed into a Latin food festival. Children enjoy the warm weather and live music during a Latin food festival in Paramus, New Jersey. Cynthia Soto, owner of Empanada Lady stands for a portrait near her food stand during the Latin food festival. Honestly, I wasn't expecting much when I heard about a Latin food festival in Paramus.

Persons: —, Hurricane Maria, Alvarado Jr, Cynthia Soto, Soto, I've, Franny Reyes, Kathy Quiroga —, Reyes, Sweets, they've, they're, Quiroga, Kathy Quiroga, Karla, Bianca, Margarita, Amores, Fernandez, Sofía Viera Organizations: Puerto Rican, Service, Westfield Garden, Hurricane, BI, BI Entrepreneurship, Latina, Puerto Locations: New Jersey, Puerto, Paramus , New Jersey, Puerto Rico, Jersey, José, Puerto Rican, Piñones , Puerto Rico, Dominican, Long, Kathy Quiroga — Dominican, Reyes, Puerto Rican Cuban, East Coast, mayo, Paramus, Brooklyn

☆ A couple bought a $2 million home in New York occupied by a squatter who found loopholes in the law and won't leave
▼ + stars: | 2024-03-16 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +7 min

The Landa family attempted to move in but couldn't because of a loophole in New York City's squatters' rights laws. The Landas told WABC 7 that they purchased the home because it's right next door to family members. Related storiesThe couple told WABC 7 that they've had five hearings, but the process keeps getting delayed. Advertisement"It makes me feel completely forgotten in this legal system, unfair, and not able to do anything," Joseph told WABC 7. Advertisement"A revelation will turn this narrative on its head," O'Sullivan told WABC 7.

Persons: Joseph, Susana Landa, hasn't, —, they'd, Susana Landa —, Brett Flores, Flores, It's, Bernard Fernandez, Fernandez, Landa, Joseph Russo, Alex, Susana, they've, Landas, they're, who've, Dennis O'Sullivan, Anthony Mordente, Flores —, Brett Fisher —, O'Sullivan, he'd, Flores hadn't Organizations: Service, Down, Google, Business, WABC, ABC, BI, Trust, The New York State Senate, New, New York Post, Daily Mail, Fox, Queens County Civil Locations: Queens , New York, New York, York City, Queens, New York City

MEXICO CITY (AP) — Regional Mexican music — a catchall term that encompasses mariachi, banda, corridos, norteño, sierreño and other genres — has become a global phenomenon, topping music charts and reaching new audiences as it crosses borders. Overall, regional Mexican music grew 60% in the U.S., accounting for a whopping 21.9 billion on-demand audio streams. On Spotify, Mexican music grew 400% worldwide over the last five years, according to Uriel Waizel, lead editor at Spotify Mexico. And I think that is exciting.”Waizel says that while Mexican music is centuries old, “current Mexican music is breaking because it is the music that young people listen to." Actor and singer Lucero, a veteran performer of regional Mexican music, also remembers those days.

Persons: Selena Quintanilla, Eslabon, Pluma’s “ Ella Baila Sola, ”, Eslabon Armado, Junior, Leila Cobo, Billboard’s, Uriel Waizel, Pluma, Taylor Swift, ” Cobo, Waizel, Édgar Barrera, Drake, Barrera, Carín León, Maluma, Don Juan, León, ” Maluma, Pedro Tovar, wasn't, Juan Gabriel, Vicente Fernández's, “, ’ ”, Gabriel Abaroa Jr, Lucero, Becky G, couldn't, it’s, I’m, ” ___ Sherman Organizations: MEXICO CITY, — Regional, Spotify, Grupo Frontera, U.S ., Fuerza Regida, Associated Press, Cobo, Spotify Mexico, YouTube, Fuerza, Premios Juventud, AP, Latin Recording Academy, Mexicans Locations: MEXICO, Mexican, “, U.S, Mexico, Frontera, Puerto Rico, ’, Mexican American, Los Angeles

☆ Wall Street hikes forecasts for anti-obesity drug sales to $100 billion and beyond — A look at the numbers
▼ + stars: | 2023-10-23 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +3 min

Most analysts predict the market for new weight loss drugs like Wegovy and Mounjaro will be enormous, but estimates vary for its exact size depending on who you ask. On Monday, Citi raised its estimate for incretin drug sales to $71 billion by 2035, up from its prior estimate of $55 billion. Last month, the firm made a case for there being a $150 billion to $200 billion opportunity for these drugs. At the moment, private insurance coverage isn't a guarantee for those seeking weight loss treatment, and the federal Medicare program doesn't cover weight loss drugs at all. Lilly expects the Food and Drug Administration to approve this drug to treat obesity by the end of this year.

Persons: Seamus, Fernandez, Andrew Baum, Goldman Sachs, Chris Shibutani, Shibutani, Eli Lilly, Lilly Organizations: Monday, Citi, Wegovy, Food and Drug Administration Locations: GLP

☆ China activates $6.5 bln swap line with Argentina
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +1 min

The agreement with China has helped Argentina increase its depleted foreign currency reserves as it undergoes a major economic crisis, with annual inflation above 130% and central bank dollar reserves hitting negative levels. The Wednesday move in practice increases the amount Argentina can access as part of the swap line formalized in early 2023. This is the second swap line with China activated during Fernandez's presidency. According to an official bank source, the total amount of the swap line stood at 47 billion yuans . Libertarian Javier Milei, who has vowed to dollarize the economy and shut down the central bank, is seen as the front-runner.

Persons: Alberto Fernandez, Xi Jinping's, Fernandez, Javier Milei, Jorge Otaola, Steven Grattan Organizations: Argentine, Radio, Fernandez's, Thomson Locations: BUENOS AIRES, China, Argentina

☆ Argentina's ruling Peronist party wins provincial elections
▼ + stars: | 2023-05-15 | by ( ) www.reuters.com time to read: +1 min

May 14 - Argentina's ruling Peronist party posted strong wins in elections Sunday, appearing to hold control over three provinces just months ahead of presidential elections in which support for the party is flagging. The results come as a relief to President Alberto Fernandez's ranks as economic unrest has shaken the party's hold over the country. Fernandez has said he is not seeking re-election, however a Peronist coalition is still aiming to hold onto power. Although the outcome is good news for the party, its fate in the presidential elections will likely be decided in more populous provinces, such as Buenos Aires, Cordoba, Santa Fe and Mendoza. Reporting by Maximilian Heath; Writing by Kylie Madry; Editing by Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

The measures include an interest rate hike by the central bank, the economy ministry said in a statement. The ministry did not elaborate, but an official source told Reuters the hike would be 600 basis points, bringing the rate up to 97%. The rate hike will take effect Monday, the source added. The South American nation is battling to bring down inflation that hit 109% on an annual basis in April. The central bank will also increase its intervention in the foreign-exchange market and double down on its currency devaluation plan, the ministry said.

☆ Argentina vows to battle peso slide towards 500 per dollar in black market
▼ + stars: | 2023-04-25 | by ( Rodrigo Campos | ) www.reuters.com time to read: +4 min

The peso hit 495 against the dollar on Tuesday in informal markets that have flourished as the official foreign exchange market is under tight controls. That is down from 400 pesos per dollar just over a week ago and compares to the official spot rate of around 221. The official peso, which is in a controlled, sliding peg to the dollar, has fallen 20% so far this year. The gap between the black and official rates of some 122% is the widest since July. Last week, Argentina's central bank raised its benchmark interest rate by 300 basis points to 81% after inflation soared past expectations in March to 7.7%, the fastest monthly increase in two decades.

☆ U.S. finishes Billie Jean King Cup qualifying unbeaten
▼ + stars: | 2023-04-16 | by ( ) www.reuters.com time to read: +4 min

Each best-of-five series consists of two singles matches on the first day, then the reverse singles matches followed by a doubles match on the second day. The doubles match pitting Juvan and Zidansek against Irina Bara and Monica Niculescu was suspended at 3-3 in the first set. Jule Niemeier posted a three-set win over Beatriz Haddad Maia, and then Anna-Lena Friedsam lost only one game in defeating Laura Pigossi. Kazakhstan's Elena Rybakina handed Poland's Magda Linette her second loss in two days to clinch the 3-1 series win in Astana, Kazakhstan. After Fernandez's three-set win over Ysaline Bonaventure, Belgium's Greet Minnen again knotted the match with a three-set win over Katherine Sebov.

REUTERS/Agustin MarcarianBUENOS AIRES, April 14 (Reuters) - Argentines, painfully accustomed to decades of spiraling prices, say that the current 102.5%-and-climbing inflation rate is on another level and is making it almost impossible to get by. "In my case, I have zero capacity to save," said Claudia Hernansaez, a publishing company employee. "In one year, beef went from around 1,000 pesos ($4.66) or 1,200 pesos to 2,800 pesos." Paola Lavezzari, also in publishing, said inflation was forcing her to tighten the purse strings and buy cheaper products. Because what you used to consume of a better quality, today is unaffordable," she said.

☆ Leylah Fernandez urges athletes to become financially literate as soon as possible
▼ + stars: | 2023-03-03 | by ( Stefanie Kratter | ) www.cnbc.com time to read: +2 min

She's won two Women's Tennis Association titles and was a U.S. Open finalist in 2021. This week, Fernandez was in New York as Morgan Stanley and the WTA announced a new, multi-year global partnership. "Morgan Stanley's partnership with the WTA is a great step forward for women's sports in general. Morgan Stanley was drawn to Fernandez's leadership example. She also reflects our brand values, including giving back to the community, and valuing equity and inclusion," said Alice Milligan, Morgan Stanley's chief marketing officer.

☆ Argentina government loses Senate power after senators exit coalition
▼ + stars: | 2023-02-23 | by ( ) www.reuters.com time to read: +1 min

BUENOS AIRES, Feb 22 (Reuters) - Argentina's ruling Peronist coalition was dealt a blow on Wednesday when four of its senators announced their departure, weakening the government's sway in the Senate just eight months before high-stakes general elections. Senators Edgardo Kueider, Guillermo Snopek, Carlos Espinola and Maria Eugenia Catalfamo said they would leave the center-left alliance that supports President Alberto Fernandez and his powerful vice president, Cristina Kirchner. The departures from Fernandez's coalition leave it with 31 seats in the 72-seat Senate. The Peronists were badly beaten in 2021 congressional elections, which showed the conservative opposition well ahead in popular support. (This story has been corrected to fix the number of months until general elections to eight from six in paragraph 1)Reporting by Nicolás Misculin; Editing by Bradley PerrettOur Standards: The Thomson Reuters Trust Principles.

☆ Rule-bending Chelsea take transfer gamble to give Potter ultimate selection headache
▼ + stars: | 2023-02-01 | by ( Peter Hall | ) www.reuters.com time to read: +4 min

Premier League soccer clubs spent a record 815 million pounds ($1.00 billion) in the January transfer window, an analysis from Deloitte's Sports Business Group said on Wednesday. It has, however, angered those who claim the Premier League is becoming a de facto European Super League due to its spending power. "What I'm worried about is the Premier League, and I've been worried for many years now," Spain's La Liga president Javier Tebas told a new conference this month. There is no sustainability in the Premier League. The Premier League is not a financially sustainable model."

☆ Argentina president seeks to impeach Supreme Court chief after clash
▼ + stars: | 2023-01-03 | by ( ) www.reuters.com time to read: +1 min

BUENOS AIRES, Jan 3 (Reuters) - Argentine President Alberto Fernandez on Tuesday said he would seek to impeach the head of the Supreme Court, after the two powers recently clashed over a court decision to award more state funds to the city of Buenos Aires. Fernandez said in a statement that he had signed, along with various provincial governors, a request for the impeachment of Supreme Court President Horacio Rosatti as well as other members of the top court, escalating a fight with the judiciary. Fernandez had rejected a Supreme Court ruling in December to give a larger proportion of state funds to the opposition-controlled city of Buenos Aires, before backtracking and saying that he would comply with the ruling he called "unfair". Reuters could not immediately reach the Supreme Court or Rosatti for comment. Fernandez called on his Frente de Todos coalition to support his plan to start the impeachment process in Congress.

☆ A Democratic congresswoman just joined the long list of lawmakers who've violated a federal conflict-of-interest law
▼ + stars: | 2022-12-09 | by ( Madison Hall | ) www.businessinsider.com time to read: +4 min

Democratic Rep. Teresa Leger Fernandez of New Mexico recently violated a federal conflict-of-interest and transparency law. Her office said an "electronic error" prevented her from disclosing a stock sale for nearly two years. A congressional stock disclosure filing from Rep. Teresa Leger Fernandez, submitted in December 2022. In this particular instance, the aide noted, Fernandez directed the firm to sell the stock. Fernandez's aide, in a statement, told Insider that the congresswoman "supports a ban on members of Congress owning individual stocks."

☆ 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.

☆ Messi keeps World Cup dream alive with magic strike against Mexico
▼ + stars: | 2022-11-26 | by ( Karolos Grohmann | ) www.reuters.com time to read: +3 min

Summary Messi goal helps Argentina beat Mexico 2-0Late Fernandez goal wraps up all three pointsMessi equals Maradona's World Cup games and goalsLUSAIL, Qatar, Nov 26 (Reuters) - Lionel Messi kept his dream of winning his first World Cup alive by rifling in the opening goal in Saturday's 2-0 victory over Mexico in World Cup Group C, proving he was far from done in the tournament. The Argentine, competing in his fifth World Cup at age 35, has won every other major title in his career but has failed to lift the coveted trophy despite making the final in 2014. "Today starts another World Cup for Argentina," Messi said. Apart from a Lautaro Martinez effort that was well off the mark and another from Messi, Argentina were toothless up front. The South Americans looked more determined after the break and their captain and talisman dragged them out of trouble with his second goal of the tournament.

Early voting turnout data suggests Latino voters were crucial in flipping the Republican district and electing Democratic Latino officials in the nation’s most heavily Hispanic state. Barreto has been tracking Latino voters' influence in contested races nationwide. While ballots are still being counted in New Mexico, Barreto estimates that 67% of all Latino registered voters in the 2nd Congressional District (about 134,100 Latino voters) participated in the 2022 midterm election. Democratic Rep. Melanie Stansbury comfortably prevailed against Michelle Garcia Holmes, a Republican Latina, to represent the state's 1st Congressional District. Follow NBC Latino on Facebook, Twitter and Instagram.

☆ Democratic Rep. Teresa Leger Fernández faces off against Republican Alexis Martinez Johnson in New Mexico's 3rd Congressional District election
▼ + stars: | 2022-11-05 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Rep. Teresa Leger Fernández is running against Republican Alexis Martinez Johnson in New Mexico's 3rd Congressional District. Democratic incumbent Rep. Teresa Leger Fernández faces off against Republican Alexis Martinez Johnson in New Mexico's 3rd Congressional District. New Mexico's 3rd Congressional District candidatesLeger Fernández, first elected in 2020, is seeking a second term in Congress. Martinez Johnson, Leger Fernández's challenger, is an environmental engineer who's worked with energy companies on the eastern side of the state. Voting history for New Mexico's 3rd Congressional DistrictNew Mexico's 3rd Congressional District covers large swaths of southeast New Mexico.

☆ Argentina inflation undershoots, easing pressure to hike rates
▼ + stars: | 2022-10-14 | by ( Walter Bianchi | ) www.reuters.com time to read: +2 min

The government's INDEC statistics agency reported on Friday the monthly inflation was 6.2% last month, slower than in August and undershooting analyst forecasts of a 6.7% increase. Aldo Abram, executive director at consultancy Libertad y Progreso, said inflation would remain high into next year, before easing back ahead of presidential elections. Argentines on the street said they were increasingly struggling to afford things as prices outstripped salaries. "You have to pay attention to how much things cost because there are things that you can't pay for. You have to eliminate things from your diet because wages can't keep up," 53-year-old housewife Claudia Villalba told Reuters.

☆ Argentina's replaces three ministers amid economic crisis, puts more women in power
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +1 min

BUENOS AIRES, 10 Oct (Reuters) - Argentine President Alberto Fernandez on Monday again reshuffled his Cabinet and appointed three women to lead the labor, social development and women's ministries, as a deep economic crisis has sparked weeks of protests. Ayelen Mazzina, current secretary of Women, Diversity and Equality of San Luis province, will take over as the new minister of Women, Gender and Diversity. She will replace Elizabeth Gomez Alcorta who resigned after opposing the eviction of a group of indigenous Mapuche women from land in the southern Patagonia region. The latest Cabinet changes come less than three months after the government reshuffled the economic ministries, naming Sergio Massa to be Argentina's economy "superminister" in an attempt to contain the worsening economic crisis. Register now for FREE unlimited access to Reuters.com RegisterReporting by Eliana Raszewski; Editing by Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

☆ Argentina to raise public transport fares by 40% in Buenos Aires
▼ + stars: | 2022-07-21 | by ( ) www.reuters.com time to read: +1 min

BUENOS AIRES, July 21 (Reuters) - Argentina's government will raise public transportation fares by 40% in the Buenos Aires metropolitan area in August, ending a freeze that had been in place since 2019, according to a notice published in the country's official gazette on Thursday. The price hike, which followed a non-binding consultation, will not make up for the rise in the consumer price index, which just this year could exceed 80%, according to private estimates. Starting in August, the minimum bus ticket in Buenos Aires will cost 25.20 pesos ($0.19), up from the current 18 pesos ($ 0.14). Argentine President Alberto Fernandez's Peronist government is grappling with spiraling inflation and tensions within the ruling coalition. Reporting by Walter Bianchi, Edited by Maximilian Heath; Writing by Aida Pelaez-Fernandez; Editing by Paul SimaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Alberto Fernandez's, Walter Bianchi, Maximilian Heath, Aida Pelaez, Fernandez, Paul Simao Organizations: Alberto Fernandez's Peronist, Thomson Locations: BUENOS AIRES, Buenos Aires, Argentine

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