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☆ Colombia eyes two rate cuts before year-end, finance minister says
▼ + stars: | 2023-10-14 | by ( Jorgelina Do Rosario | Thomson Reuters | Jorgelina Do Rosario Is Emerging Markets Correspondent At Reuters Based In London | ) www.reuters.com time to read: +2 min

"The expectation is for another cut in December," Bonilla told Reuters on the sidelines of the World Bank and International Monetary Fund meetings in Marrakech. "The message of reducing the key rate is for all the banks, because today the rate is an obstacle for economic recovery," he added. The central bank held the key rate steady at 13.25% in September for the third time in a row, citing stubborn inflation. That was down from highs in 2022, but still more than double the central bank's long-term target of 3%. The central bank's technical team expects Colombia's economy to grow 0.9% this year, compared with an expansion of 7.3% in 2022.

Persons: Ricardo Bonilla, Susana Vera, Bonilla, Gustavo Petro, Jorgelina, Julia Symmes Cobb, Mark Potter, Helen Popper Our Organizations: Colombia's, Reuters, International Monetary Fund, World Bank, REUTERS, Rights, Colombian Finance, Thomson Locations: Marrakech, Morocco, Rights MARRAKECH, Israel, Hamas, Rosario

REUTERS/Susana Vera Acquire Licensing RightsMARRAKECH, Oct 14 (Reuters) - Ukraine is finding it harder to secure financial support as the attention of officials in key donor countries shifts to upcoming elections and geopolitical tensions heighten, Finance Minister Serhiy Marchenko told Reuters on Saturday. As the war with Russia rages on, Ukraine needs to secure Western financial support to cover a $43 billion budget gap in 2024. Marchenko said "a geopolitical shift and internal political context in different countries" was dampening governments' appetite to support Ukraine, mentioning elections scheduled in the U.S. and the European Union next year. Marchenko said Ukraine is seeking 18 billion euros of that in 2024, matching the package received for this year. Ukraine's economy is set to grow 5% in 2024, Marchenko told the meetings earlier this week, and sufficient gas storage for the winter should buttress the economy from a potential rise in prices, he told Reuters.

Persons: Finance Serhiy Marchenko, Susana Vera, Serhiy Marchenko, Marchenko, Jorgelina, Rosario, Elisa Martinuzzi, Helen Popper Our Organizations: Finance, Reuters, International Monetary Fund, World Bank, REUTERS, Rights, Bank, European Union, IMF, EU, Thomson Locations: Marrakech, Morocco, Rights MARRAKECH, Ukraine, Russia, Israel, U.S, Japan, United Kingdom, United States

Zambia will pay about $750 million in the next decade compared to almost $6 billion that was due to official creditors before the debt restructuring. "The next step is to secure a comparable agreement with our private creditors," Zambia's finance minister, Situmbeko Musokotwane, said. Zambia is committed to remaining in arrears to its commercial external creditors, the ministry said, until it secures a debt deal with comparable terms to the official creditor agreement. It is unclear how long the signing of the agreements between Zambia and each bilateral creditor is going to take. On Thursday, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said Zambia had signed the MoU with official creditors, which was later walked back by Zambia's finance minister and the IMF.

Persons: Situmbeko Musokotwane, Susana Vera, Musokotwane, Kristalina Georgieva, Rachel Savage, Jorgelina, Giles Elgood Organizations: Zambia's, IMF, World Bank, REUTERS, Rights, Paris Club, OCC, Monetary Fund, Thomson Locations: Marrakech, Morocco, Rights MARRAKECH, Zambia, China, France, Africa, Rosario

☆ Argentina election 2023: what you need to know
▼ + stars: | 2023-10-13 | by ( Maximilian Heath | ) www.reuters.com time to read: +5 min

The election comes as Argentine voters have been hard-hit by 124% yearly inflation that has pummeled their purchasing power. Voting centers for the Oct. 22 election open at 8 a.m. local time (1100 GMT) and close at 6 p.m. Argentina's tight election races come at a time of uncertainty for the South American country facing its worst economic crisis in decades. PROJECTIONSFar-right libertarian Javier Milei is leading the polls ahead of Argentina's Oct. 22 presidential vote, but it remains a tight race between the top three candidates, three surveys showed. All three surveys had Economy Minister Sergio Massa in second place and conservative opposition candidate Patricia Bullrich in third.

Persons: Sergio Massa, Patricia Bullrich, Javier Milei, Alberto Fernandez, Dissident Peronist Juan Schiaretti, País, Myriam Bregman, Milei, Massa, Cristina Fernandez de Kirchner, Argentina's pollsters, Maximilian Heath, Rod Nickel Organizations: por la Patria, el Cambio, La Libertad Avanza, Argentine, WHO, Libertad, la Patria, el, Dissident Peronist, Frente de Izquierda, South, International Monetary Fund, Peronist, Thomson Locations: BUENOS AIRES, Argentina, Hacemos, South American

REUTERS/Susana Vera Acquire Licensing RightsMARRAKECH, Morocco, Oct 13 (Reuters) - The International Monetary Fund's engagement with El Salvador has been "very productive" following a recent visit from a negotiating team, but an agreement is "not there yet" for a new financing program, an IMF official said on Friday. "The engagement with El Salvador has been very productive," Rodrigo Valdes, director of the IMF's Western Hemisphere Department, told Reuters. "We just had a mission there, a negotiating mission, but we knew that it would be a first step," he said. The IMF said in late September that it was working with El Salvador on "technical issues" and on minimizing the risks from the country's adoption of bitcoin as legal tender. "In other countries fragmentation, low popularity, are constraints for policy actions and here they have a very valuable opportunity," the IMF official said.

Persons: Western Hemisphere Department Rodrigo Valdes, Susana Vera, El Salvador, Rodrigo Valdes, Valdes, we're, Nayib Bukele, El, Bukele, Jorgelina, Rodrigo Campos, Nelson Renteria, Paul Simao Organizations: International Monetary Fund, Western Hemisphere Department, Reuters, IMF, World Bank, REUTERS, Rights, Monetary, El, Salvadoran, Thomson Locations: Marrakech, Morocco, Rights MARRAKECH, El Salvador, Salvadoran, Rosario, New York, San Salvador

☆ Supporters of Palestinians and Israelis Rally Separately at New York's Times Square
▼ + stars: | 2023-10-13 | by ( ) www.wsj.com time to read: 1 min

Chants of “Free, Free Palestine” echoed through Times Square in Midtown Manhattan on Friday as Palestinian supporters, waving signs and green, red, black and white flags, filled three blocks along Broadway near 42nd Street. “I support a free Palestine, but I don’t condone the attacks from Hamas, no way,” said Marcelo Taboada, who is from Buenos Aires and attended the pro-Palestinian rally. “Nobody who defends the Palestinian cause seriously could support what Hamas did.”

Persons: ”, Marcelo Taboada, “ Organizations: Hamas Locations: Palestine, Midtown Manhattan, Buenos Aires

☆ Argentina central bank hikes key rate to 133% as inflation worsens
▼ + stars: | 2023-10-12 | by ( Jorge Otaola | ) www.reuters.com time to read: +2 min

The facade of Argentina's Central Bank is pictured in the financial district of Buenos Aires, Argentina December 7, 2021. Argentina's central bank is struggling to keep the benchmark interest rate in line with inflation expectations, with a central bank poll of analysts later in the day forecasting inflation to end the year at more than 180%. Reuters Graphics Reuters GraphicsThe impacts of inflation has been worsened by the government's near-18% devaluation of the peso in mid-August, which coincided with the prior central bank hike, where it increased the interest rate from 97% to 118%. Milei, who is seeking to shut the central bank and dollarize the economy to tame inflation, recently recommended depositors avoid renewing bank holdings in pesos, arguing that the peso does not even serve as "excrement." The central bank's rate change on Thursday came after a last-minute decision not to raise the rate to 145% "following a leak," after Reuters reported the higher figure, citing a source close to the bank.

Persons: Agustin Marcarian, Alberto Fernandez, Javier Milei, Jorge Otaola, Brendan O'Boyle, Isabel Woodford, Anthony Esposito, Richard Chang, Jamie Freed Organizations: Central, REUTERS, Graphics Reuters, Reuters, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES

☆ Argentina cenbank raises interest rate to 145% as peso falters - source
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +1 min

The facade of Argentina's Central Bank is pictured in the financial district of Buenos Aires, Argentina December 7, 2021. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsBUENOS AIRES, Oct 12 (Reuters) - Argentina's central bank raised the country's benchmark interest rate to 145% from 118% on Thursday, a source close to the matter told Reuters, as the South American country battles triple-digit annual inflation. The hike follows the rapid freefall of Argentina's peso, with the currency surpassing the psychological barrier of 1,000 pesos per U.S. dollar earlier this week with less than two weeks before a crucial presidential election. That brought the annual inflation rate to 138.3%. Reporting by Jorge Otaola; Writing by Brendan O'Boyle; Editing by Anthony EspositoOur Standards: The Thomson Reuters Trust Principles.

Persons: Agustin Marcarian, Jorge Otaola, Brendan O'Boyle, Anthony Esposito Organizations: Central, REUTERS, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, American

MONTEVIDEO, Uruguay (AP) — A buyer from Argentina paid $42,120 for a manuscript of works, including seven unpublished stories, by legendary Argentine writer Julio Cortázar at an auction Thursday in the Uruguayan capital, Montevideo. 1952” was the basis for the writer’s iconic “Cronopios and Famas” book, published in 1962. In 1952, Cortázar sent a manuscript titled “Stories of Cronopios and Famas” from Paris to Luis María Baudizzone, the head of Argentine Argos publishing. It could easily have been lost.”Vega speculates that Cortázar “lost track of the manuscript” after he sent it to Baudizzone. The heir contacted Lucio Aquilanti, a Buenos Aires antiquarian bookseller, and a prominent Cortázar bibliographer, who confirmed the piece’s authenticity.

Persons: Julio Cortázar, Historias, y, ”, Cronopios, King, Hilario, Cortázar, Luis María Baudizzone, “, cronopios, ” Cortázar, Eduardo Jonquiéres, Jonquiéres, ” Roberto Vega, ” Vega, Cortázar “, Lucio Aquilanti Organizations: Paris, Argentine Argos, famas, Associated Press Locations: MONTEVIDEO, Uruguay, Argentina, Argentine, Uruguayan, Montevideo, Buenos Aires, Paris, Baudizzone, Americas, Europe

☆ IMF says Sri Lanka debt talks ongoing, unaware of specific deals
▼ + stars: | 2023-10-11 | by ( Jorgelina Do Rosario | Thomson Reuters | Jorgelina Do Rosario Is Emerging Markets Correspondent At Reuters Based In London | ) www.reuters.com time to read: +3 min

A general view of the main business district as rain clouds gather above in Colombo, Sri Lanka, November 17, 2020. Peter Breuer told Reuters on the sidelines of the World Bank IMF annual meetings in Marrakech that talks between Sri Lanka and all its creditors were ongoing. "We will need to assess the entire package of agreements in its totality to assess consistency with IMF debt targets," Breuer said. Sri Lanka, mired in its worst economic crisis in 70 years, is in debt restructuring talks with a range of creditors, including China, its largest single creditor. Sri Lanka owed Exim $4.1 billion, or 11% of it foreign currency debt, at the end of 2022.

Persons: Dinuka, Peter Breuer, Breuer, Ranjith Siyambalapitiya, Jamie Fallon, Rosario, Libby George, Karin Strohecker, John Stonestreet, Nick Macfie Organizations: REUTERS, Rights, Monetary Fund, Sri, Reuters, World Bank IMF, Export, Import Bank of, Paris Club, Tellimer Research, Thomson Locations: Colombo, Sri Lanka, Rights MARRAKECH, China, Marrakech, Import Bank of China, Japan, India, France

☆ Argentina retail prices to maintain double-digit rise in September - Reuters poll
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

The consumer price index (CPI) rose 12.4% in August, while annual inflation topped 124% in the month. "September marks the second consecutive month with double-digit inflation," said Eugenio Mari, chief economist at the Libertad y Progreso Foundation. The projections among the analysts surveyed ranged from a minimum rise of 10.7% to a maximum of 13.8% for September. However, economist Martin Kalos estimated that September's inflation figure "is similar to that of August. The official statistics institute INDEC will publish September's inflation data on Thursday at 1900 GMT, while the central bank will release its Market Expectations Survey (REM) shortly after.

Persons: Ernesto Acuna, Agustin Marcarian, Eugenio Mari, Paula Gandara, Martin Kalos, There's, Walter Bianchi, Jorge Otaola, Jonathan Oatis Organizations: REUTERS, Libertad y Progreso Foundation, Adcap Asset Management, Economic Policy, Economy Ministry, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES

☆ Messi still in doubt for Paraguay qualifier, says Scaloni
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +1 min

Oct 11 (Reuters) - Argentina captain Lionel Messi is still a doubt for the World Cup qualifier against Paraguay, coach Lionel Scaloni said on Wednesday. Messi was included in the world champions' squad despite being sidelined by the muscle problem he sustained month which has kept him out of action for his U.S. side Inter Miami. Scaloni said the 36-year-old forward had been training well ahead of the match on Thursday. "We know that they are important absentees but those who come (to replace them) are very capable and can even stay," Scaloni added. Argentina host Paraguay at the Estadio Monumental in Buenos Aires before facing Peru in Lima on Oct. 17.

Persons: Lionel Messi, Lionel Scaloni, Messi, Scaloni, Angel Di Maria, Angel Correa, Paulo Dybala, Angelica Medina Organizations: World, Paraguay, Inter Miami, AS Roma, Estadio Monumental, Thomson Locations: Argentina, Peru, Paraguay, Buenos Aires, Lima, Mexico City

☆ Argentine executives pitch fiscal discipline as election hits home stretch
▼ + stars: | 2023-10-11 | by ( Jorge Otaola | ) www.reuters.com time to read: +2 min

The candidates mostly agree, however, on reducing the government's large fiscal deficit, like many business leaders. "We Argentines must stop arguing about obvious things like public spending," said Javier Goni, CEO of agribusiness company Ledesma. The election is playing out as the government struggles to service its $44 billion loan with the International Monetary Fund. The IMF forecasts that Argentina's economy will shrink 2.3% this year, with central bank reserves in the red after a historic drought trimmed $20 billion from key agricultural exports. Reporting by Jorge Otaola; Writing by Brendan O'Boyle; Editing by David Alire Garcia and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Sergio Massa, Patricia Bullrich, Javier Milei, Javier Milei's dollarization, Sergio Massa's, Javier Goni, Oscar Andreani, Jorge Otaola, Brendan O'Boyle, David Alire Garcia, Leslie Adler Organizations: por la Patria, el Cambio, La Libertad Avanza, Reuters, Ledesma, International Monetary Fund, IMF, Thomson Locations: BUENOS AIRES

☆ Argentina launches 5G auction in bid to raise over $1 billion
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +1 min

BUENOS AIRES, Oct 11 (Reuters) - Argentina's government said on Wednesday that it will launch a 5G spectrum auction on Oct. 24 in a bid to raise some $1.05 billion. Three provider companies have already qualified as bidders for operating the frequency bands, which range from 3,300 MHz to 3,600 MHz. "In this offer, a total of 300 MHz will be submitted to the auction procedure, in three lots of 100 MHz each," a statement from Argentina's economy ministry said. The government highlighted that the deployment of 5G constitutes a medium- and long-term state policy, which requires collaboration between the public and private sectors to upgrade network infrastructure. Reporting by Lucila Sigal; Writing by Brendan O'Boyle; Editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Lucila Sigal, Brendan O'Boyle, Jonathan Oatis Organizations: Thomson Locations: BUENOS AIRES

☆ Argentine peso descent quickens, hits new record low
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +2 min

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. Since the primary vote, the currency has shed 44% of its value. "Everything is working against the peso because basically nobody wants to deal with them," a capital bank manager with business in Argentina said on condition on anonymity. "So it doesn't matter what you pay for a dollar, the objective is to dollarize before the elections and wait to see who becomes president." Reporting by Jorge Otaola and Walter Bianchi; Editing by David Alire Garcia and Richard ChangOur Standards: The Thomson Reuters Trust Principles.

Persons: Agustin Marcarian, Alberto Fernandez, Javier Milei, Salvador Vitelli, Jorge Otaola, Walter Bianchi, David Alire Garcia, Richard Chang Organizations: Argentine, REUTERS, Thomson Locations: BUENOS AIRES, Argentina

More cuts are expected in the coming months, though Costa didn't provide any details on future decisions. Costa said the bank has already incorporated high interest rates from the U.S. Fed and other central banks from developed economies in its September report. "But we have to keep looking closely at U.S. rates," Costa said. Costa added the bank has also factored in weaker demand from China, one of Chile's largest copper consumers, but the impact was larger than expected. "The Chinese economy is going to develop with less force than expected, but there are other factors that hold up copper prices," Costa said.

Persons: Central Bank of Chile Rosanna Costa, Susana Vera, Rosanna Costa, Costa, Costa didn't, Jorgelina, Alexander Villegas, Chizu Organizations: Central Bank of, Reuters, International Monetary Fund, World Bank, REUTERS, U.S . Fed, Thomson Locations: Central Bank of Chile, Marrakech, Morocco, MARRAKECH, SANTIAGO, Chile, U.S, China, Rosario

☆ Robert De Niro takes on Argentine swear words and steak in new TV dramedy
▼ + stars: | 2023-10-10 | by ( Lucila Sigal | ) www.reuters.com time to read: +2 min

Actors Robert De Niro and Luis Brandoni perform during the filming of the series "Nada", in Buenos Aires, Argentina May 7, 2022. Star+/Handout via REUTERS/File Photo Acquire Licensing RightsBUENOS AIRES, Oct 10 (Reuters) - Oscar-winning actor Robert De Niro will make his small-screen debut this week, starring in an Argentine television series where he gets to grips with Buenos Aires slang and samples the local cuisine. That's kind of why we put together this list of Argentine insults and their meanings," co-director Gaston Duprat told Reuters. "Nada" marks the first time De Niro, 80, will star in a television series. Spread out across five half-hour episodes, De Niro offers up bits of Argentine slang in each one.

Persons: Robert De Niro, Luis Brandoni, Manuel, De Niro, Gaston Duprat, Lucila Sigal, Isabel Woodford, Rosalba O'Brien Organizations: REUTERS, Aires, Reuters, La Boca, Hulu, Disney, San Sebastian Festival, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Argentine, American, leche, America, United States, Europe, Spain

☆ Argentina retail prices to maintain double-digit rise in September, Reuters poll shows
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +2 min

BUENOS AIRES, Argentina (AP) — Argentina’s firebrand populist presidential candidate Javier Milei, the front-runner to win the election later this month, is coming under fire from his rivals who blame him for a sharp depreciation of the local currency in the parallel market. Milei has continued to tout his controversial plan for dollarization of the South American country’s economy. With a little less than two weeks to go before the Oct. 22 presidential election, the Argentine peso has sharply depreciated over the past week. Milei, an anti-establishment candidate who admires former U.S. President Donald Trump, has said he wants to replace the peso with the dollar and says Argentina’s Central Bank should be abolished. Milei’s opponents in the presidential race sharply criticized his words, saying he’s fomenting a run on the peso.

Persons: —, Javier Milei, Milei, Donald Trump, ”, ” Ramiro Marra, Milei’s, Sergio Massa, ” Patricia Bullrich, “, ” Milei Organizations: Argentine, U.S, Bank, Buenos, “, Union, Homeland, United Locations: BUENOS AIRES, Argentina, Argentine, Buenos Aires, Milei’s, Massa

While most traders are waiting on the sidelines, anxious about the election and unsure of libertarian frontrunner Javier Milei, some daring bond investors are moving in. "There has been a lot of pain from being invested in Argentina over the past decade," Reed said. Rob Citrone, founder of U.S.-based hedge fund Discovery Capital Management, said Argentina presented one of the best opportunities in emerging markets. The depressed values offer another reason to be bullish on Argentina's debt, said Thomas Haugaard, a portfolio manager on the emerging markets debt hard currency team at Janus Henderson Investments in Copenhagen. Armando Armenta, an analyst for Latin American fixed-income and currency markets at AllianceBernstein in New York, said it was a mixed picture.

Persons: Javier Milei, Cristina Sille, Milei, Patricia Bullrich, Sergio Massa, Christine Reed, Reed, Bullrich, Mauricio Macri's, Massa, Rob Citrone, Cristina Fernandez de Kirchner, Fernandez de Kirchner, Thomas Haugaard, Janus Henderson, Haugaard, Morgan Stanley, Armando Armenta, Milei's, Rodrigo Campos, Carolina Mandl, Adam Jourdan, Paul Simao Organizations: Argentine, REUTERS, Peronist, International Monetary Fund, U.S, Discovery Capital Management, Reuters Graphics Reuters, BancTrust, Reuters, Janus, Janus Henderson Investments, Thomson Locations: Buenos Aires, Argentina, New York, Ghana, Sri Lanka, Copenhagen, Congress, AllianceBernstein

☆ What is Lebanon's Hezbollah?
▼ + stars: | 2023-10-08 | by ( ) www.reuters.com time to read: +5 min

ORIGINSIran's Revolutionary Guards founded Hezbollah in 1982 to export its Islamic Revolution and fight Israeli forces that had invaded Lebanon. Lebanese parties opposed to Hezbollah say the group has undermined the state and accuse it of unilaterally leading Lebanon into conflicts. Hezbollah fighters took over parts of Beirut after the government vowed to take action against the group's military communications network. Referring to those attacks and hostage-taking, Hezbollah leader Nasrallah said in a 2022 interview they were carried out by small groups not linked to Hezbollah. TERRORIST DESIGNATIONSWestern countries including the United States designate Hezbollah a terrorist organisation.

Persons: Aziz Taher REFILE, Israel, Bashar al, Assad, Sayyed Hassan Nasrallah, Saudi Arabia spiralled, Syria, Rafik al, Hariri, Michel Aoun, Imad Moughniyah, Nasrallah, Tom Perry, Elaine Hardcastle Organizations: REUTERS, Rights, Guards, Islamic, POWER Hezbollah, United, West, Marine, U.S ., European Union, Thomson Locations: Halta, Lebanon, Israel, Rights BEIRUT, Gaza, Iran, Lebanese, United States, Syria, Iraq, Saudi Arabia, Yemen, LEBANON, Beirut, Saudi, U.S, Arab, Argentina, Buenos Aires

☆ The Buenos Aires barber's books: a history of 19,900% inflation
▼ + stars: | 2023-10-07 | by ( Adam Jourdan | Thomson Reuters | Regional Bureau Chief In South Latin America With Previous Experience Leading Corporate News Coverage In China | ) www.reuters.com time to read: +8 min

REUTERS/Agustin Marcarian Acquire Licensing RightsBUENOS AIRES, Oct 7 (Reuters) - The hand-written entries in the two dozen notebooks - date, haircut, price - chronicle decades of a Buenos Aires barber's working life. A price of 15 pesos equaled $15 with the currency peg. In her first term the haircut price rose 117%, speeding to 200% in her second term. Haircut prices rose 133% in his four years. The earliest health insurance bill he has was 798 pesos in 2007, since when it has hit 142,636 pesos, outstripping his haircut prices.

Persons: Barber Ruben Galante, Luciano Munoz, Agustin Marcarian, Ruben Galante, Alberto Fernandez, it's, Galante, Javier Milei, he's, Carlos Menem, Raul Alfonsin, Fernando de la Rua, de la Rua, Nestor Kirchner, Cristina Fernandez de Kirchner, Nestor's, Mauricio Macri, That's, Milei, Patricia Bullrich, Sergio Massa, Luciano Muñoz, Diego Maradona, Lionel Messi, Adam Jourdan, Eliana Raszewski, Prinz, Claudia Parsons Organizations: REUTERS, Reuters, Reuters Graphics Reuters Graphics, Currency, Reuters Graphics, Monetary Fund, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Belgrano, United States

☆ How Karol G went from a Latin music star to a fashion icon
▼ + stars: | 2023-10-06 | by ( Robb Young | Graciela Martin | ) edition.cnn.com time to read: +24 min

With 66 million followers on the platform, Karol G ranks 70th in terms of follower count but 6th when it comes to engagement rates. But the label’s enthusiasm for its Karol G campaign a half-year after its release is telling, nonetheless. Karol G attends the #BoF500 Gala during Paris Fashion Week at Shangri-La Hotel Paris on September 30, 2023 in Paris, France. By the time Karol G entered the scene in a big way, fashion, luxury and sportswear giants were still warming up to her male counterparts. People aren’t as fixated on that anymore.”Indeed, it is the shift in attitudes toward language that appears to have helped Karol G secure the Loewe deal.

Persons: Karol G, Jonathan Anderson, Karol’s, Shakira, — Karol G, Provenza, “, ”, Nicki Minaj —, Karol, Karol G's, she’s, Lea Colombo, “ Karol G, Charlie Smith, Loewe, couldn’t, Ricky Martin’s, hasn’t, “ I’ve, Anderson, Karol G’s, ” Karol G, Christopher Polk, SocialBook, Kim Kardashian, Julian Martinez, ” Martinez, “ Karol, Miu, Roberto Cavalli, Gina Ferazzi, Loewe’s Smith, Jacquemus, Barbie, Emilio Pucci, —, Vetements, Rick Owens, Pascal Le Segretain, Maykol Sanchez, Spotify’s, Yankee’s, Don Omar’s, Maluma, J, Nicky Jam, . Ivy Queen, Jennifer Lopez, Shakira —, Burberry —, Becky G —, Karol —, Ovy, Bad Bunny, Rich Fury, Karla Martínez, There’s, Leila Cobo, Billboard’s, ” Cobo, aren’t, “ Jonathan, ” Karol, Carolina Giraldo Navarro, Colombia’s, J Balvin, Cobo, She’s, ” she’s, haven’t, ’ ” Karol G, Alexander Tamargo, Nina García, Elle, García, ” García, I’ve, I’m, it’s, Brett Alan Nelson, I’d Organizations: The, Fashion, CNN, —, Billboard, MTV, New York City’s Rockefeller Center, Variety, Los Angeles Times, Getty, Brands, Los, Paris, Spotify, Reebok, Umbro, Dolce, Gabbana, Nike, Guess, Adidas, Trailblazers, Burberry, Levi’s, Kappa, Puerto Rican, Pew Research Center, Limits, Vogue Mexico, reggaeton’s, Loewe, Carolina, Puerto Locations: Spanish, ”, Latin America, New York, Newark , New Jersey, California, Versailles, bejeweled, Paris, France, Spain, Italy, Germany, Canada, America, Balmain, Barcelona, Rosalía, American, Panama, Jamaica, Puerto Rico, Dominican, Caribbean, Medellín, Colombia, Puerto, Miami, Mexico City, Buenos Aires, Santiago, Chile, Austin, Austin , Texas, Mexico, North America, Europe, Dubai, Singapore, Nairobi, Puerto Rican, Sera, Miami , Florida, Colombiamoda

☆ Buenos Aires Cirque du Soleil show honors 'superhero' Messi
▼ + stars: | 2023-10-06 | by ( Lucila Sigal | ) www.reuters.com time to read: +1 min

[1/5] An acrobat trains during a rehearsal before the premiere of the Cirque du Soleil's show inspired by Argentine soccer star Lionel Messi "Messi10", in Buenos Aires, Argentina September 29, 2023. REUTERS/Mariana Nedelcu/File Photo Acquire Licensing RightsBUENOS AIRES, Oct 6 (Reuters) - Mimicking soccer moves and with a musical backdrop overlaid with enthusiastic TV commentary, Cirque du Soleil launched a show in Buenos Aires this week that celebrates beloved Argentine football star Lionel Messi. The Argentine team shirt with the Messi 10 on the back is like Superman's cape," said producer Diego Saenz at a rehearsal of the show, which features artists and acrobats from 15 countries. The show is set to tour across Latin America next year, likely ending in Miami. Reporting by Lucila Sigal, Writing by Rosalba O'Brien, Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

Persons: Lionel Messi, Mariana Nedelcu, Diego Saenz, Lucila Sigal, Rosalba O'Brien, Sandra Maler Organizations: REUTERS, du Soleil, Argentine, Messi, Thomson Locations: Argentine, Buenos Aires, Argentina, BUENOS AIRES, Qatar, Canadian, America, Miami

☆ Argentina Inc doesn't want dollarization, business leaders say
▼ + stars: | 2023-10-06 | by ( Jorge Otaola | ) www.reuters.com time to read: +3 min

[1/3] Supporters of Argentine presidential candidate Javier Milei hold dollar bills with his face on them, during a campaign rally, in Buenos Aires, Argentina September 25, 2023. REUTERS/Cristina Sille/File Photo Acquire Licensing RightsMAR DEL PLATA, Argentina, Oct 6 (Reuters) - Corporate Argentina is strongly against full dollarization of the economy, one of the key proposals of presidential election frontrunner Javier Milei, according to 125 business people Reuters spoke to. The survey gives the clearest and most in-depth view yet on how corporate Argentina sees the dollarization debate, which is at the heart of the election race towards the Oct. 22 vote. Some two-thirds of those Reuters spoke to supported a bi-monetary system proposed by conservative candidate Patricia Bullrich, who is popular with business leaders but lagging in wider opinion polls. Most business people surveyed at the IDEA business summit said it was important to keep the peso to be able to adjust monetary variables and maintain competitiveness.

Persons: Javier Milei, Cristina Sille, Patricia Bullrich, Milei, Sergio Massa, Jorge Otaola, Adam Jourdan, Rosalba O'Brien Organizations: Argentine, REUTERS, DEL PLATA, Reuters, IDEA, Massa, Milei, Thomson Locations: Buenos Aires, Argentina, Mar del Plata, Ecuador, El Salvador

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