DIRS.INFO The most relevant business & tech news

☆ Trump's plans to change healthcare could slash insurance for some low-income Americans and retirees
▼ + stars: | 2024-11-16 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

Trump said he plans to change the Affordable Care Act, which provides healthcare for 45 million Americans. AdvertisementDonald Trump's return to the Oval Office could mean changes to Americans' healthcare coverage, based on his previous comments and actions while president. AdvertisementAs president, he will also have the power to influence America's healthcare landscape, including insurance coverage, drug price negotiations, government health and safety regulations, and reproductive healthcare access. Any changes to Medicaid and Medicare under Trump could also cause those with ACA insurance see a reduction in their care options. This could mean some Americans on ACA plans could face higher out-of-pocket costs and fewer in-network care options.

Persons: Trump, Donald Trump's, Barack Obama, Ji, Joe Biden's, Robert F, Kennedy Jr, Kennedy, Karoline Leavitt, Vance Organizations: Affordable, ACA, of Health, Human Services, Congressional, Office, Business, Trump, Georgetown University, DC, Insurance, Department of Health, Congress, Republican, House

The Summary FEMA and NOAA have become politicized as the frequency and severity of natural disasters have increased. With the neck-and-neck 2024 election just days away, the futures of the federal agencies responsible for weather forecasting, climate change research and disaster recovery hang in the balance. And with it, they’ve become a target for some conservatives who are skeptical of climate change and want to slash government budgets. “Climate change is a very unique problem in that, like most environmental problems, it doesn’t respect our political boundaries and it doesn’t respect our state boundaries,” he said. “We need centralized federal agencies to respond to climate change, agencies that can handle big, significant, multistate disasters at the appropriate scale.”

Persons: they’ve, Donald Trump, Elon Musk, Trump, ”, Craig Fugate, Obama, It’s, “, Helene, Milton . Trump, Jared Moskowitz, Ron DeSantis, Hurricane Michael, ” Moskowitz, Rick Scott, Milton, Hurricane Milton, Pete Beach, Tristan Wheelock, Fugate, ” Matthew Sanders, ” Sanders, Matthew Burgess, ” Burgess, DeNa Carlis, Sanders Organizations: FEMA, NOAA, Oceanic, Atmospheric Administration, Federal Emergency Management Agency, Heritage Foundation, Trump, NBC, National Weather Service, Emergency Management, Gov, North, Hurricane, Bloomberg, Getty, Environmental, Stanford University, College of Business, University of Wyoming, ”, NWS Locations: United States, Milton, U.S, Florida, ”, North Carolina, St, Pete Beach , FL

The Biden administration has announced it is planning to deploy dozens of ground-based Starlink devices that connect with satellites to provide internet services to remote areas. “Since the Hurricane Helene disaster, SpaceX has sent as many Starlink terminals as possible to help areas in need,” Musk wrote on X Tuesday. “Earlier today, @realDonaldTrump alerted me to additional people who need Starlink Internet in North Carolina. In addition to Starlink and SpaceX, Musk also owns Tesla and X, formerly Twitter — and he has bragged about the power he now exerts. “Between Tesla, Starlink & Twitter, I may have more real-time global economic data in one head than anyone ever,” Musk posted on X last year.

Persons: Hurricane Helene, Biden, Elon Musk, Donald Trump, Joe Biden, Kamala Harris, Musk, Starlinks, Trump, ” Musk, ” It’s, ” Organizations: SpaceX, Federal Emergency Management Agency, Trump, Hurricane, Russian, Pentagon, Chinese Communist Party, CNN, Institute for National Defense and Security Research, Times, U.S ., NASA, Twitter Locations: Appalachia, Hurricane, North Carolina, “, Ukrainian, Sevastopol, ”, U.S, Ukraine, Taiwan, China, Washington

☆ Elon Musk's ideas about government efficiency are all wrong, political scientists say
▼ + stars: | 2024-09-14 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +8 min

But two political scientists told Business Insider that Musk's desire to run the US government like a private business — an approach many private sector professionals have supported for decades — isn't as foolproof as the CEO might think. AdvertisementTrump, a businessman turned politician, based much of his first presidential campaign on the notion that his experience in the private sector would guide his approach to politics. "In the private sector, the motive is profit. "But inefficiency in the private sector isn't the same." Advertisement"A business isn't really self-correcting, at least not as easily as government is," Crouse said.

Persons: —, Elon, Trump, Musk, Hillary Clinton, he's, it's, Patricia Crouse, Grose, Al Gore, Cynthia Johnson, Ronald Reagan, George W, Bush, isn't, Elon Musk, Crouse Organizations: Service, Summit, Business, Trump, University of New, University of Southern, Reinventing, Community Initiative, Washington, Twitter Locations: Los Angeles, University of New Haven, University of Southern California, Reaganomics, Texas, Pennsylvania, America

☆ Fact check: Harris campaign social media account has repeatedly deceived with misleading edits and captions
▼ + stars: | 2024-09-14 | by ( Daniel Dale | ) edition.cnn.com time to read: +17 min

Washington CNN —A social media account run by Vice President Kamala Harris’ campaign has been repeatedly deceptive. But the account, which the Harris campaign calls its “official rapid response page,” has itself made inaccurate comments on multiple occasions. The Harris campaign declined to comment on this @KamalaHQ post. The Harris campaign defended this @KamalaHQ post by arguing that “Trump’s entire platform is about embracing ‘tough’ policy of the past” on various subjects. The very next day, the Harris campaign used the @KamalaHQ account to tout her own popularity among chief executives.

Persons: Kamala Harris ’, Donald Trump, Harris, Trump, ”, “ Trump, “ Donald Trump, Kamala Harris, “, —, Charlottesville counterprotester Heather Heyer, David Muir, Muir, Sean Hannity, Laura Ingraham, Jesse, Watters, Greg Gutfeld —, Vance, Sen, JD Vance, Trump’s, Barack Obama, it’s, doesn’t, you’ll, “ Vance, William Martin, Martin, Vance “, JD Vance ”, Sally Smith, “ Smith, ’, Jack Posobiec, Posobiec Organizations: Washington CNN, Trump, ABC News, Fox News, ”, Department of Veterans Affairs, Marine Corps, of Veterans Affairs, Heritage Foundation, Republican, Social Security, of New, International Association of Fire Fighters, “ Trump, Trump loyalists Locations: Wilkes, Barre , Pennsylvania, North Carolina, Pennsylvania, ‘ Pennsylvania, Arizona, Tucson, Charlottesville, California, Your, of New York, America, ”

☆ JD Vance said he would 'consider' privatizing some veteran healthcare services if elected
▼ + stars: | 2024-09-13 | by ( Rebecca Kheel | ) www.businessinsider.com time to read: +6 min

Read previewRepublican vice presidential nominee Sen. JD Vance expressed support for expanding veterans' ability to use private doctors in a podcast interview this week. "I think I'd consider it," replied Vance, a former enlisted Marine who deployed to Iraq in a public affairs role. AdvertisementThe Trump campaign shot back that the Harris campaign was taking Vance out of context. During his first term in office, Trump expanded veterans' ability to see non-VA doctors using VA funding by signing the Mission Act. AdvertisementThe Mission Act received bipartisan support when it passed in 2018, but it has since become more partisan.

Persons: —, Sen, JD Vance, Shawn Ryan, Vance, You'll, Donald Trump, Kamala Harris, Tammy Duckworth, Harris, cochair, William Martin, Kamala, It's, JD, Trump, Biden, you've Organizations: Service, Navy, Department of Veterans Affairs, Business, Marine, Marine Corps, Republicans, GOP, Democratic, Iraq, Veterans, Trump, of Veterans Affairs, Congressional Republicans, Republican Locations: Iraq, Illinois

☆ Alberto Fujimori, ex-Peruvian president convicted of human rights abuses, dies at 86
▼ + stars: | 2024-09-12 | by ( The Associated Press | ) www.nbcnews.com time to read: +8 min

His daughter said in July that he was planning to run for Peru’s presidency for the fourth time in 2026. The former university president and mathematics professor was the consummate political outsider when he emerged from obscurity to win Peru’s 1990 election over writer Mario Vargas Llosa. He had hoped to run for Peru’s presidency in 2006, but instead wound up in court facing charges of abuse of power. He became the first former president in the world to be tried and convicted in his own country for human rights violations. “After a long battle with cancer, our father, Alberto Fujimori, has just departed to meet the Lord,” she said on X Wednesday.

Persons: Peru — Alberto Fujimori, Keiko Fujimori, Fujimori, Mario Vargas Llosa, elbowing, Vladimiro Montesinos, Keiko, “, Alberto Fujimori, ”, ” Fujimori’s, Susana Higuchi, Kenji, Vargas Llosa, El, Abimael Guzmán, didn’t, Pablo Kuczynski Organizations: Peru’s, University of Wisconsin, Agricultural University Locations: LIMA, Peru, Lima, Japan, Chile, ”, France, United States, Privatizing, El chino, Ecuador, Fujimori, Peru’s

☆ The D.M.V.’s Lessons on Equality - The New York Times
▼ + stars: | 2024-07-31 | by ( Tressie Mcmillan Cottom | ) www.nytimes.com time to read: +5 min

Don’t Tell My Friends, But… is a seriesin which we asked Times columnistswhateveryone else is wrong about. (To the credit of those department workers’ good humor, I’ve seen a photo of that sloth posted in my local D.M.V.) I hate the way people hate the D.M.V. But that does not account for why it is cool to hate the D.M.V. We should revel in the fact that there is no express lane for beautiful, rich people to renew their licenses.

Persons: “, I’ve, revel Organizations: Corporations Locations: Target, New Jersey

☆ Netflix cofounder Reed Hastings, who bought a ski mountain in Utah, snaps up more land for his public-private mountain experiment
▼ + stars: | 2024-03-29 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Reed Hastings is turning part of Powder Mountain into a ski club for the wealthy. Powder Mountain is the largest ski resort in the country. Related storiesThe former Netflix CEO said he is privatizing part of Powder Mountain to help remediate years of financial struggles. AdvertisementThe mountain was previously owned by a group of millennial investors who struggled to maintain the mountain, according to a report from The Information. Hastings announced his plans to make part of the ski resort private in December 2023, but Powder Mountain announced a new land acquisition and lift on Friday.

Persons: Reed Hastings, —, He's, Hastings, Ian Matteson Organizations: Netflix, Service, The New York Times, Meriwether Companies, Forbes Locations: Africa, Ogden, The, Sierra Nevada, Utah

☆ Byron Donalds, potential VP pick, once attacked Trump and praised outsourcing, privatizing entitlements
▼ + stars: | 2024-03-29 | by ( Andrew Kaczynski | Em Steck | ) edition.cnn.com time to read: +7 min

“President Trump is considering Byron as his running mate because of the Congressman’s steadfast support for the 45th President and his historic policy agenda. Donalds rose to prominence in Trump world last year when the Florida congressman endorsed Trump over Florida Gov. While Trump has asked allies their thoughts on Donalds as vice president, advisers have acknowledged the complications of this scenario given they both are residents of Florida. But Donalds’ embrace of Trump when running for Congress was a far cry from his tea party activism a decade ago. During his 2012 campaign for Congress, Donalds heavily embraced calls to privatize Social Security and Medicare – two programs Trump (and Donalds) now promise not to cut.

Persons: Byron Donalds, Donald Trump, Donalds, Barack Obama, “ Trump, ” Donalds, CNN’s KFile, Trump, –, Obama, Facebook “ Trump, Bush, ” “ Trump, Trump’s, Byron, ”, Ohio Sen, J.D, Vance, Elise Stefanik, Florida Sen, Marco Rubio, Joe Biden, Ron DeSantis, He’s, Mitt Romney, Romney, it’s, “ I’m, Paul Ryan Organizations: CNN, Florida Republican Rep, Facebook, White, Social Security, “, Republican, New York, Trump, Florida Gov, Fox News, GOP, Congress, statehouse, Democrats, Rep, Republicans Locations: China, Michigan, Ohio, Florida, Trump, let’s, Bangladesh, Taiwan, Chile

☆ I was laid off from Rivian after surviving 3 earlier layoffs. It was almost a relief when it was over.
▼ + stars: | 2024-02-25 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

One laid-off worker said it was their fourth round of layoffs at Rivian, but anxiety was still high. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThis as-told-to essay is based on a conversation with a former Rivian employee who was laid off Thursday and spoke anonymously to protect their privacy. This is the fourth round of layoffs I've experienced at Rivian, so I'm a little bit jaded at this point. As much as I loved working for Rivian — I thought the culture was great, the people were fantastic, and the pay was really good — layoffs felt constant.

Persons: Rivian, they'd, —, I've, messaged, I'm, It's, We'd, it's Organizations: Service, Chicago Tribune, Ford, Amazon, Gado, Rivian, Business Locations: Rivian, R1S

☆ Tourists stranded after Peru protests block access to Machu Picchu
▼ + stars: | 2024-01-30 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Reuters —Protests in Peru are blocking access to Machu Picchu, one of South America’s most popular heritage sites, with local anger over a new ticketing system halting rail transport to the iconic Incan site and leaving some tourists stranded. The protests, which began late last week, have left hundreds of tourists, who flock to Machu Picchu from all over the world, unable to reach the site. The protesters are blocking access to the popular heritage site. Carolina Paucar/AFP/Getty ImagesCommunity representatives in Machu Picchu fear that the new electronic ticket sales platform will hurt local businesses by “privatizing” sales and directing profits to one single firm. In September, Peru temporarily closed three areas of Machu Picchu, a UNESCO World Heritage Site built in the 15th century as a religious sanctuary for the Incas, due to site deterioration brought on by heavy visitor volumes.

Persons: Leslie Urteaga, Carolina Paucar, “ Organizations: Reuters, Getty Images, UNESCO, Heritage Locations: Peru, Machu Picchu, Carolina, AFP

☆ Labour leader Starmer praises Thatcher in bid to woo UK Conservative voters
▼ + stars: | 2023-12-03 | by ( ) www.reuters.com time to read: +2 min

Keir Starmer, leader of Britain's Labour Party, speaks during the Prime Minister's Questions, at the House of Commons in London, Britain November 29, 2023. UK Parliament/Jessica Taylor/Handout via REUTERS/File Photo Acquire Licensing RightsLONDON, Dec 3 (Reuters) - Keir Starmer, leader of Britain's main opposition Labour Party, has praised former Prime Minister Margaret Thatcher, a deeply unpopular figure among many Labour supporters, as he seeks to woo Conservative voters before an election expected next year. Thatcher, dubbed the "Iron Lady" by the UK press at the time, was Britain's Conservative leader from 1979 to 1990. "Every moment of meaningful change in modern British politics begins with the realisation that politics must act in service of the British people, rather than dictating to them," Starmer wrote in an article for the Sunday Telegraph newspaper. After hailing Thatcher, Starmer wrote that Labour had "changed dramatically in the last three years".

Persons: Keir Starmer, Jessica Taylor, Handout, Britain's, Margaret Thatcher, Starmer, Rishi Sunak's, Thatcher, Tony Blair, Clement Attlee, Jeremy Corbyn, Victoria Atkins, Margaret Thatcher's, Michael Holden, Bernadette Baum Organizations: Britain's Labour Party, REUTERS, Labour Party, Labour, Conservative, Sunday Telegraph, Sky News, Thomson Locations: London, Britain

☆ Argentina's Milei Says Shutting Central Bank 'Non-Negotiable'
▼ + stars: | 2023-11-24 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

BUENOS AIRES (Reuters) - Argentina's President-elect Javier Milei said on Friday that the closure of the country's central bank, a signature campaign pledge, was a "non-negotiable matter", according to a statement from his office posted on social media platform X. Argentina's social security administration ANSES, a key institution given Milei's pledge to slash state spending and subsidies, will be lead by economist Osvaldo Giordano from the key central Cordoba region, the statement added. That marks a shift from a previous plan that Milei would appoint a close ally to lead the administration. Milei faces major hurdles to implement his more radical reform plans, which include dollarizing the economy, shutting the central bank and privatizing state companies like YPF, which will take time if they can be done at all. Milei also has to juggle demands from the more mainstream conservative bloc, whose public backing was key to him winning the run-off election last week.

Persons: Javier Milei, Osvaldo Giordano, Horacio Marin, Milei, Gabriel Araujo, Adam Jourdan Organizations: BUENOS AIRES, Reuters Locations: BUENOS, Cordoba

☆ Argentina's Milei says shutting central bank 'non-negotiable'
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +1 min

BUENOS AIRES, Nov 24 (Reuters) - Argentina's President-elect Javier Milei said on Friday that the closure of the country's central bank, a signature campaign pledge, was a "non-negotiable matter", according to a statement from his office posted on social media platform X. Argentina's social security administration ANSES, a key institution given Milei's pledge to slash state spending and subsidies, will be lead by economist Osvaldo Giordano from the key central Cordoba region, the statement added. That marks a shift from a previous plan that Milei would appoint a close ally to lead the administration. Milei faces major hurdles to implement his more radical reform plans, which include dollarizing the economy, shutting the central bank and privatizing state companies like YPF, which will take time if they can be done at all. Milei also has to juggle demands from the more mainstream conservative bloc, whose public backing was key to him winning the run-off election last week.

Persons: Javier Milei, Osvaldo Giordano, Horacio Marin, Milei, Gabriel Araujo, Adam Jourdan Our Organizations: Thomson Locations: BUENOS AIRES, Cordoba

☆ Mexico's America Movil denies report it's eyeing Argentine telecoms firm Arsat
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +1 min

The logo of America Movil is pictured on the wall at a reception area in the company's corporate offices, in Mexico City, Mexico January 25, 2022. REUTERS/Gustavo Graf/File Photo Acquire Licensing RightsMEXICO CITY, Nov 23 (Reuters) - America Movil (AMXB.MX), the Mexican telecommunications company controlled by billionaire Carlos Slim, on Thursday denied a report it is in talks with Argentine President-elect Javier Milei's team to buy Argentina's state telecoms company Arsat. Citing sources close to the matter, website La Politica Online said plans to sell Arsat are very advanced, and reported that a member of Milei's transition team on Tuesday held talks with executives from America Movil's Argentine unit, Claro. La Politica Online said the value of Arsat was discussed during the talks with a figure of around $930 million mentioned. A spokesperson for Milei's transition team did not immediately respond to a request for comment.

Persons: Gustavo Graf, Carlos Slim, Javier Milei's, Arturo Elias, Slim's, Arsat, Dave Graham, Eliana, Jonathan Oatis, Marguerita Choy Organizations: REUTERS, MEXICO CITY, Argentine, Reuters, Politica, America Movil's, Thomson Locations: Mexico City, Mexico, MEXICO, Mexican, America Movil's Argentine, Claro

Labor union leaders said Thursday they are paying close attention to what the libertarian president-elect says and what they are hearing is in opposition to their interests. “In the moment they move forward with reforms related to labor rights, both individual and collective, and when the labor organizations affected by these adjustments request it, the CGT will take a stance,” Dear said. “We expect absolutely nothing from Javier Milei.”Catalano was one of the representatives of labor unions and social organizations who joined the Mothers of Plaza de Mayo in their weekly march in downtown Buenos Aires Thursday. There’s also concern among human rights organizations about a potential setback in policies that allowed for the prosecution of perpetrators of crimes against humanity during the dictatorship. Leaders of leftist social organizations also held a meeting Thursday to discuss their response to Milei’s policies and “a plan for struggle against austerity” that will involve street protests.

Persons: Javier Milei, ” Héctor, Pablo Biró, Milei, ”, ” Daniel Catalano, ” Catalano, There’s, “ it’s, Nicolás Saldías, ” Sadias, —, Débora Rey Organizations: Labor, Confederation, Airline Pilots Association, Aerolineas Argentinas, Milei, State Workers ’ Association, de Mayo, Economist Intelligence, Latin, Associated Press Locations: BUENOS AIRES, Argentina, “, Buenos Aires, Latin America, Caribbean, ” Argentina

☆ Argentina Readies to Vote in Likely Presidential Election Thriller
▼ + stars: | 2023-11-19 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +4 min

Massa offers continuity but has been at the helm during the worst economic crisis in two decades. With many voters unconvinced by either, some have characterized the vote as a choice of the "lesser evil": fear of Milei's painful economic medicine or anger at Massa over the economic crisis. "The election will mark a profound rupture in the system of political representation in Argentina," said Julio Burdman, director of the consultancy Observatorio Electoral. "You cannot vote for the current government under these conditions and a blank vote will only favor it. In the first-round vote in October, Massa won 36.7% of the votes compared to some 30% for Milei.

Persons: Sergio Massa, Javier Milei, Massa, Julio Burdman, Milei, he's, Matias Kawior, South, Santiago Neria, Patricia Bullrich, Nicolás Misculin, Candelaria Grimberg, Rosalba O'Brien Organizations: Reuters, Peronist, Massa, International Monetary Fund Locations: Misculin BUENOS AIRES, China, United States, Brazil, Argentina, Buenos Aires

☆ Argentina votes in nail-biter election with libertarian slight favorite
▼ + stars: | 2023-11-19 | by ( Nicolás Misculin | ) www.reuters.com time to read: +4 min

The election sees Peronist Economy Minister Sergio Massa, at the helm for the country's worst economic crisis in two decades, go head-to-head with radical libertarian outsider Javier Milei, the slight pre-election favorite in the polls. "The election will mark a profound rupture in the system of political representation in Argentina," said Julio Burdman, director of the consultancy Observatorio Electoral. Massa, 51, an experienced political wheeler-dealer, has been clawing back votes with tax cuts and campaigns highlighting Milei's radical plans to slash state spending. In the first-round vote in October, Massa won 36.7% of the votes compared to some 30% for Milei. The libertarian has since won public backing from third-place finisher Patricia Bullrich, though it's by no means certain all her votes will shift to him.

Persons: Sergio Massa, Javier Milei, Milei, Massa, Julio Burdman, he's, Matias Kawior, South, Santiago Neria, Patricia Bullrich, Nicolás Misculin, Candelaria Grimberg, Rosalba O'Brien Organizations: Peronist, Massa, International Monetary Fund, Thomson Locations: BUENOS AIRES, China, United States, Brazil, Argentina, Buenos Aires

☆ Argentina election: Will Milei’s plan to ditch peso for the dollar be a vote-winner against Massa?
▼ + stars: | 2023-11-16 | by ( Analysis Stefano Pozzebon | ) edition.cnn.com time to read: +8 min

To fix the problem, Argentina should abandon the peso and adopt the dollar, whose value is set by the US Federal Reserve and cannot be printed at will. Massa has criticized the plan for dollarization as a surrender of national sovereignty and attempted to show that the government’s current actions are already paying dividends. Other mainstream politicians, including former the President Mauricio Macri and another former election candidate, Patricia Bullrich, have endorsed Milei despite sharing some reservations on dollarization. ET) and the vote count is expected to be quick – barring any unforeseen problems or objections, that is. Milei appeared to question the results of the first round of voting in October, although his party did not formally appeal.

Persons: Argentina’s, Sergio Massa, Javier Milei, Milei, Massa, dollarization, Pope Francis, “, Satan ”, Francis, Tucker Carlson, Milton Friedman, Argentinians, Mauricio Macri, Patricia Bullrich, Brazil’s Luiz Inácio Lula da Silva, Colombia’s Gustavo Petro, Spain’s José Luis Rodriguez Zapatero, Jair Bolsonaro, Mario Vargas Llosa, Mariano Rajoy, Donald Trump Organizations: CNN, Massa, Union por la Patria, Union, La Libertad, US Federal Reserve, Cato Institute Locations: Buenos Aires, Argentina, South America, Latin America, Ecuador, El Salvador, US, Argentina’s, Peruvian, Spanish

☆ Argentina's presidential candidates face $12 bln energy subsidy conundrum
▼ + stars: | 2023-11-15 | by ( Eliana Raszewski | ) www.reuters.com time to read: +5 min

Milei has said he will cut all subsidies, but admitted it would have to be done slowly. He admitted hiking energy bills was tough medicine in a society already hurting, but argued it needed to be done. "If you increase energy prices today, there is an inflationary peak and it's over. Conservative leader Mauricio Macri (2015-19) cut energy subsidies back. "I don't think Milei will eliminate all subsidies," she said, adding she would likely vote for him for a "change".

Persons: Marcos Brindicci, Sergio Massa, Javier Milei, Milei, Massa, Emilio Apud, Daniel Dreizzen, Peronist Massa, Mauricio Macri, Vaca Muerta, Aleph's, Raquel Ramírez, Eliana Raszewski, Adam Jourdan, Marguerita Choy Organizations: REUTERS, International Monetary Fund, Aleph Energy, Reuters Graphics, Peronist, IMF, Conservative, Reuters, Massa, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, China, America

☆ Argentina Heads to the Polls in Grip of Fierce Economic Crisis
▼ + stars: | 2023-10-22 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +3 min

Milei, pledging to "chainsaw" the economic and political status quo, is the candidate to beat, with angry voters flocking to his tear-it-all-down message, fed up with inflation at 138% and poverty affecting over two-fifths of the population. Amid this crisis Milei has risen abruptly, pledging shock therapy to fix the economy including dollarizing, shutting the central bank, slashing the size of government drastically and privatizing state entities. Massa, current economy chief, remains in the running despite overseeing inflation hitting triple digits for the first time since 1991. He is pledging to cut the fiscal deficit, stick with the peso and defend the Peronist social welfare safety net. Pollsters see her as the most likely of the top three runners to miss out on a second round.

Persons: Argentina's, Javier Milei, Sergio Massa, Patricia Bullrich, Milei, Federico Aurelio, Donald Trump, Jair Bolsonaro, Massa, Bullrich, Nicolas Mercado, Flavia Vázquez, Pollsters, Nicolas Misculin, Adam Jourdan, Chizu Organizations: Reuters, American, Peronist Economy, International Monetary Fund Locations: Misculin BUENOS AIRES, China, Brazil, Buenos Aires

☆ Argentina heads to the polls in grip of fierce economic crisis
▼ + stars: | 2023-10-22 | by ( Nicolás Misculin | ) www.reuters.com time to read: +3 min

Workers load ballot boxes and voting material into a truck, ahead of the presidential election, in Buenos Aires, Argentina October 21, 2023. Milei, pledging to "chainsaw" the economic and political status quo, is the candidate to beat, with angry voters flocking to his tear-it-all-down message, fed up with inflation at 138% and poverty affecting over two-fifths of the population. Massa, current economy chief, remains in the running despite overseeing inflation hitting triple digits for the first time since 1991. He is pledging to cut the fiscal deficit, stick with the peso and defend the Peronist social welfare safety net. Pollsters see her as the most likely of the top three runners to miss out on a second round.

Persons: Mariana Nedelcu, Argentina's, Javier Milei, Sergio Massa, Patricia Bullrich, Milei, Federico Aurelio, Donald Trump, Jair Bolsonaro, Massa, Bullrich, Nicolas Mercado, Flavia Vázquez, Pollsters, Nicolas Misculin, Adam Jourdan, Chizu Organizations: REUTERS, American, Peronist Economy, International Monetary Fund, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, China, Brazil

[1/4] Maria Corina Machado, candidate of the Vente Venezuela party for the opposition primaries and Freddy Superlano, leader of the Voluntad Popular party, raise their arms as they pose for pictures after a press conference, in Caracas, Venezuela October 13, 2023. The primary is the first held by Venezuela's opposition in over a decade. Favorite Maria Corina Machado is barred from holding public office, in a move criticized by the opposition and the U.S alike, and it is not clear what will happen if she wins the primary. Two other candidates - former presidential candidate Henrique Capriles and ex-lawmaker Freddy Superlano - have already withdrawn their candidacies because of similar disqualifications. The U.S. government has conveyed to Maduro bans must be lifted for all opposition presidential candidates by the end of November in exchange for sanction relief, a senior U.S. official said on Wednesday.

Persons: Maria Corina Machado, Freddy Superlano, Leonardo Fernandez, Nicolas Maduro, Henrique Capriles, MARIA CORINA MACHADO, Machado, CARLOS PROSPERI Prosperi, Prosperi, Solorzano, Deisy Buitrago, Vivian Sequera, Mayela Armas, Oliver Griffin, Marguerita Choy Organizations: REUTERS, Voters, U.S, World Bank, Inter, American Development Bank, International Monetary Fund, Accion Democratica, Criminal Court, United Nations, Thomson Locations: Venezuela, Caracas, CARACAS, U.S, Guarico

[1/3] A general view shows Haifa Port, which is to be sold to India's Adani Ports and local partner Gadot in Haifa, Israel July 24, 2022. Ashdod port has imposed restrictions on the transport of hazardous materials which has meant slower transits. Around 13 ships - comprising cargo, container and dry bulk vessels - were currently moored inside Ashdod port, according to MarineTraffic data. "The Suez Canal, a critical waterway for various commercial vessels, including container ships, may face disruptions," Container xChange CEO Christian Roeloffs said. The Marshall Islands registry, one of the world's top shipping flags, last week raised the security level for Israel's ports and its territorial waters to their highest.

Persons: Gadot, Ilan Rosenberg, Christian Roeloffs, Jonathan Saul, Ari Rabinovitch, David Evans, Louise Heavens Organizations: Haifa Port, Adani, REUTERS, Rights, Israel's, Port, MSC, Ministry, Marshall, Thomson Locations: Haifa, Israel, Gaza, Ashkelon, Ashdod, Port, Port of Haifa, ”, Israel's, Suez, Hormuz, United States, Arabian, Strait, Gulf of Oman and Red, Jerusalem

Search resuls for: "Privatizing"

25 mentions found