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Search resuls for: "Horacio Soria"


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BUENOS AIRES (Reuters) - Argentines sought shade and tried to cool off in public fountains on Thursday as a heat wave hitting the country saw temperatures rise towards 40 degrees Celsius (104°F). "Everything is melting, everything is melting," said Diego Gatti, a 34-year-old merchant in Buenos Aires, adding that at least near the coast there was some access to water and a breeze. The South American country is home to some 45 million people and an important grains producer of soy, corn and wheat. "The heat spreads from the roof through the house, you just can't stay there. (Reporting by Miguel Lo Bianco and Horacio Soria; Writing by Adam Jourdan; Editing by Sandra Maler)
Persons: Diego Gatti, Sergio Pavon, Miguel Lo Bianco, Horacio Soria, Adam Jourdan, Sandra Maler Organizations: BUENOS AIRES, Reuters Locations: BUENOS, Buenos Aires
REUTERS/Tomas Cuesta Acquire Licensing RightsBUENOS AIRES, Dec 4 (Reuters) - Lorena Melantoni dedicates her weekends running a sanctuary for abused and abandoned horses, an issue in the South American nation known for its polo and stallion-riding gauchos. "I am an option for these old horses, ones with disabilities, amputated horses, or one-eyed horses that nobody wants to take for adoption," Melantoni told Reuters. Located in Buenos Aires province, the "Let's Dream of Hope" refuge provides a place for horses that have no other home, she explained, adding that many had suffered terrible cruelty. And then, I can leave calm and happy and I say: that's it, that made my week." Reporting by Horacio Soria; Writing by Natalia Siniawski, Editing by Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.
Persons: Lorena, Tomas Cuesta, Lorena Melantoni, Melantoni, Horacio Soria, Natalia Siniawski, Nick Zieminski Organizations: REUTERS, Reuters, Thomson Locations: La Plata, Buenos Aires, Argentina, BUENOS AIRES, American
Which is stronger will tip the balance of the South American country's presidential election on Sunday and may reshape its diplomatic ties, economic future, and the wider region's political fault lines. 'NOT MY FIRST CHOICE'Neither Massa or Milei goes into the second round with a strong mandate. "For me, neither of them represents the hopes that I have for the future of the country. This would likely put a brake on more radical reforms and force Massa or Milei to moderate. The powerful regional governors are also split between the Peronists and the main conservative coalition, with none allied to Milei.
Persons: Javier Milei, Matias Baglietto, Sergio Massa, Massa, Donald Trump, Raquel Pampa, " Massa, Fernando Pedernera, Milei's, Mario Vargas Llosa, Milei, Nicolas Troitino, Valentina, Gonzalo, Benjamin Gedan, Wilson, Adam Jourdan, Horacio Soria, Rosalba O'Brien Organizations: Argentine, REUTERS, American, International Monetary Fund, Mercosur, Massa, Milei, America, Thomson Locations: Cordoba, Argentina, BUENOS AIRES, Buenos Aires, China, Brazil, Mexico, Spain, Chile, Colombia
[1/4] Argentina's presidential candidate Sergio Massa speaks during a press conference a day after the first round of Argentina's presidential election, in Buenos Aires, Argentina October 23, 2023. But they are cautious about making hard predictions on the back of two bruising election surprises. However, pollsters Reuters spoke to said it was a "wide open" race and that either candidate could triumph. Lautaro Díaz, 35, who intends to vote for Milei, said Bullrich's backing had made the "possibility of (Milei) winning more real." Federico Aurelio, head of pollster Aresco, said the race was wide open, with plenty of time for skeptical voters to change their minds.
Persons: Sergio Massa, Cristina Sille, Javier Milei, Milei, pollsters, Vilker, Trespuntozero, Massa, Patricia Bullrich, Analogias, Bullrich, Lautaro Díaz, Matteo Bettini, Federico Aurelio, pollster Aresco, Nicolas Misculin, Horacio Soria, Adam Jourdan, Rosalba O'Brien Organizations: REUTERS, pollsters Reuters, Milei, Massa, University of San, Atlas Intel, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Massa, University of San Andres, Peronist
[1/4] Workers unload ballot boxes and voting material from a truck, ahead of the presidential election, at a school on the outskirts of Buenos Aires, Argentina October 21, 2023. The vote is a tight three-way race between frontrunner radical outsider Javier Milei, ruling Peronist Economy Minister Sergio Massa and center-right former security minister Patricia Bullrich, all offering starkly different visions for Argentina. Libertarian economist Milei is in pole position to win, though would likely face a second round. "It seems to me that it is time for change, to see how we can alter the reality of the country." Reporting by Horacio Soria and Juan Bustamante; Writing by Adam Jourdan; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.
Persons: Mariana Nedelcu, Javier Milei, Sergio Massa, Patricia Bullrich, Soledad Sanchez, Bullrich, Milei, Massa, pollsters, Hernan Etchaleco, Agustin Geist, Horacio Soria, Juan Bustamante, Adam Jourdan, Daniel Wallis Organizations: Workers, REUTERS, Argentine, Peronist Economy, International Monetary Fund, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Peronist, Bullrich
LA PLATA, Argentina, Sept 15 (Reuters) - Wielding a chainsaw above his head in the Argentine city of La Plata this week, radical presidential front-runner Javier Milei riled up thousands of supporters angry with 124% inflation and a painful cost-of-living crisis. We must remove all the people who have left this country destroyed," said Rosalia Garcia, 51, a public accountant at Milei's rally in La Plata, the capital of Buenos Aires province. "The political caste is afraid," he yelled in La Plata. Milei got just under 30% in the August primary, just ahead of Bullrich and Massa. Back in La Plata, high school student Roman Lopez, 16 - who will be a first-time voter this year - said he previously wasn't interested in politics, but Milei's energy had attracted him.
Persons: Javier Milei riled, Rosalia Garcia, Milei, Patricia Bullrich, Sergio Massa, I'm, Eduardo Murchio, it's, Sebastian Pedrozo, Roman Lopez, Horacio Soria, Juan Bustamante, Lucila Sigal, Eliana Raszewski, Rosalba O'Brien Organizations: LA, Peronist, Thomson Locations: LA PLATA, Argentina, Argentine, La Plata, October's, Buenos Aires, Milei, Bullrich, Massa, greenbacks
[1/5] A priest blesses Argentine faithfuls during San Cayetano's (Saint Cajetan) feast day, the patron saint of labour and bread, at San Cayetano church in Buenos Aires, Argentina August 7, 2023. "Walking around this neighborhood, there are many people who have come from other parts of the country to ask for work. People are asking a saint because they can't ask the politicians," said retiree Juan Mura, 58. "I would like the politicians to come here and see the reality of the people." He said he had come to pray to St. Cayetano for years and he hadn't been let down so far, despite the country's long-running economic woes.
Persons: Mariana Nedelcu, Cayetano, Juan Mura, Sergio Massa, Massa, Betina Basanta, Armando Villar, hadn't, I've, Claudia Martini, Miguel Lo Bianco, Horacio Soria, Adam Jourdan, Conor Humphries Organizations: San, REUTERS, Peronist, Thomson Locations: Argentine, Cayetano's, San Cayetano, Buenos Aires, Argentina, Mariana Nedelcu BUENOS AIRES
Argentines tighten wallets to fight spiraling inflation
  + stars: | 2023-07-13 | by ( ) www.reuters.com   time to read: +2 min
BUENOS AIRES, July 13 (Reuters) - Argentines are tightening their wallets to make end meets as the South American country battles inflation which could surpass 140% on an annual basis this year, hunting for the cheapest prices on basic goods to shield their income. Inflation in the 12 months through June hit 115.6%, official data showed on Thursday. While Argentines are on track this year to keep up their high steak consumption, higher prices are taking a bite out of their selections. Analysts forecast that annual inflation could close this year at 142.4% compared to 94.8% last year, according to a central bank poll, steadily cutting away at consumers' purchasing power in Latin America's third-largest economy. The country is seeking adjustments as rising inflation, a weakening peso and a historic drought hamper exports and financial reserves.
Persons: INDEC, Gabriel Segovia, Sergio Massa, Annabella Paez, Horacio Soria, Sarah Morland, Susan Heavey, Diane Craft Organizations: Economy, Analysts, International Monetary Fund, Reuters, IMF, Thomson Locations: BUENOS AIRES, American, Buenos Aires, Argentine, Candelaria
Buenos Aires wants faster payouts and easier economic targets. "More than a debt, it's a crime," President Fernandez wrote in a tweet on Thursday, citing a new government auditor report that concluded the original deal had lacked the required impact study and not passed through proper legislative channels. Fernandez, who has criticized the original deal before, called for an investigation "with all the weight of the law." Powerful but divisive Vice President Cristina Fernandez de Kirchner, a previous two-term president, called the original deal "scandalous" and a "scam" of the Argentine people. Macri and the IMF have defended the original deal as necessary to restore Argentina's economic stability.
Argentina is battling one of the highest inflation rates in the world, with prices growing faster at any time since 1991, raising the specter of hyperinflation and full-blown economic crisis. What it meant for small businesses like his, he said, was supplier prices changing almost daily. The clothing and footwear sector experienced the highest monthly inflation of all categories in April at 10.8%, data from statistics agency INDEC show. In a clothing market in the capital, traders pointed to higher import prices, given volatile exchange rates. "I never used to fix clothes, but people fix clothes now because they cannot afford to buy them."
[1/6] An Aedes aegypti mosquito is seen under a magnifying glass at the CNEA (National Atomic Energy Commission), in Ezeiza, in the outskirts of Buenos Aires, Argentina April 12, 2023. REUTERS/Agustin Marcarian TPX IMAGES OF THE DAYBUENOS AIRES, April 17 (Reuters) - Argentine, fighting one of its worst outbreaks of dengue in recent years, is sterilizing mosquitoes using radiation that alters their DNA before releasing them into the wild. Their population keeps on moving further south," said National Atomic Energy Commission (CNEA) biologist Marianela Garcia Alba. They expect to release the first batch of sterilized males in November. Similar techniques to sterilize pests using the same radiation found in X-rays have been utilised for decades, helping global efforts to control diseases such as chikungunya, dengue and Zika.
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.
The Vatican on Thursday said Pope Francis' health was improving and that he has resumed working while treatment continues. In the Flores neighborhood, many people reminisced about the pope, who has not been back to his homeland in the decade since he was chosen as pontiff. In the Buenos Aires Cathedral on Thursday morning, prayers were held for Pope Francis too, though his illness was cast as a just a "slight halt." Back in the neighborhood of Flores, 50-year-old housewife Marcela Borda said everyone was praying for his "speedy recovery". "It's good to pray for him, to ask for the strength he always had, and health, health for him and for everyone.
[1/3] A customer counts money before paying at a butcher shop, as inflation in Argentina hits its highest level in years, causing food prices to spiral, in Buenos Aires, Argentina September 13, 2022. REUTERS/Agustin MarcarianSAN FERNANDO, Argentina, March 14 (Reuters) - Argentina's annual inflation rate tore past 100% in February, the country's statistics agency said on Tuesday, the first time it has hit triple figures since a period of hyperinflation in 1991, over three decades ago. In Argentina's markets, shops and homes, the impact of spiraling prices is being felt keenly as one of the highest inflation rates in the world stretches people's wallets. Patricia Quiroga, 50, said 100% inflation was impossible to bear as she waiting on line to do her shopping. "I am tired, tired, just tired of all this, of the politicians who fight while the people die of hunger," she told Reuters.
BUENOS AIRES, Feb 14 (Reuters) - Argentines are increasingly feeling the impact of one of the world's highest inflation rates, with annual price rises nearing 100%, straining people's budgets as the cost of food, gas and services far outstrips salaries. The South American country, which has grappled with high inflation for years, is set to announce January data on Tuesday, with monthly inflation expected to accelerate to around 6% and the 12-month figure nearing three digits. "The truth is that I live day to day, I look for low prices, I go to markets. Argentines are fed up with inflation and many blame poor economic management and money printing by the government. Brian Muliane, a 33-year-old chiropractor, said that between inflation and taxes his business struggled to survive.
It was a third World Cup for Argentina, but the first in 36 years. Messi has long lived in the shadow of Maradona in Argentina, who fans still adore with almost God-like status. [1/13] Soccer Football - FIFA World Cup Final Qatar 2022 - Fans in Buenos Aires - Buenos Aires, Argentina - December 18, 2022 General view as Argentina fans celebrate with flares after winning the World Cup REUTERS/Mariana Nedelcu 1 2 3 4 5In the streets of the capital revelers partied early into the hours of Monday. The World Cup had been the one piece of silverware missing for Messi, 35, who has broken multiple records playing for club teams Barcelona and Paris St Germain. Sunday's final was likely his last World Cup game for his country.
Bearing flags, hats and the country's iconic blue-and-white jerseys, Argentines took over Buenos Aires' downtown and other iconic spots within minutes after the win. "It was an incredible game, at times anguishing," said 46-year-old Diego Aburgeily, who cheered on the national side from the suburbs of Buenos Aires. The South American team, which lost the final of the tournament against Germany in 2014, had not won a World Cup since 1986. [1/5] Soccer Football - FIFA World Cup Final Qatar 2022 - Fans in Buenos Aires watch Argentina v France - Buenos Aires, Argentina - December 18, 2022 Argentina fans celebrate winning the World Cup REUTERS/Agustin Marcarian 1 2 3 4 5The final penalty kick from Argentina's Gonzalo Montiel caused the ball to sail neatly into the net. The final win cements Messi's status as a legend among Argentines, with Sunday's match expected to be his last appearance in a World Cup for his country.
Citing the cool-off, Argentina's central bank held its benchmark interest rate steady at 75% later on Thuesday, extending a pause on hikes after one of the world's most aggressive tightening cycles. The official INDEC statistics agency said rolling 12-month inflation in November hit 92.4%, with prices up 85.3% during the first 11 months of the year. The monthly rate, though, was the lowest since February and well below analyst forecasts of 5.9%. "It is difficult to manage a budget from one month to the next," Natalia Jones told Reuters on the streets of Buenos Aires shopping for vegetables. Eduardo Ortega, manager of a grocery shop in Buenos Aires, said it meant people were cutting back on the amount of food they could buy.
The official INDEC statistics agency said on Thursday that rolling 12-month inflation through November hit 92.4%, with prices up 85.3% during the first 11 months of the year. The monthly rate was the lowest since February and well below analyst forecasts of 5.9%. Despite the monthly slowdown, Argentines are still battling one of the highest inflation rates in the world, which eats away at wages and saps earning power. "It is difficult to manage a budget from one month to the next," Natalia Jones told Reuters on the streets of Buenos Aires shopping for vegetables. Eduardo Ortega, manager of a grocery shop in Buenos Aires, said it meant people were cutting back on the amount of food they could buy.
BUENOS AIRES, Dec 2 (Reuters) - Jubilant fans celebrated across Argentina after the country defeated Australia on Saturday and advanced to the quarterfinals of the 2022 World Cup in Qatar. Messi, who played his 1,000th game on Saturday, opened the scoring against Australia and played a key role in Argentina reaching the quarterfinals. "We have to stay united, we took one more step and now comes a difficult one," said Messi, 35, the captain of the team who is playing his fifth World Cup. Argentina fans, some of whom even put off buying homes to see Messi play in the World Cup, hope the country will win the third World Cup. Argentina won its first world championship at home in 1978 and its second in Mexico in 1986, where Diego Maradona was a key player.
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