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☆ Investigators not yet ready to release Liam Payne’s body to his family
▼ + stars: | 2024-10-22 | by ( Artemis Moshtaghian | ) edition.cnn.com time to read: +4 min

CNN —Investigators looking into the death of singer Liam Payne said they are not yet ready to release his body to his family, pending further toxicology reports, according to a statement from prosecutors in Buenos Aires, Argentina. Geoff Payne, father of the former One Direction singer, arrived in Buenos Aires on Friday. The circumstances surrounding the former One Direction star’s fatal fall from a third floor balcony at CasaSur Palermo Hotel in Buenos Aires last week remain under investigation by authorities. “Everything indicates that the musician was alone when the fall occurred,” the public prosecutor’s office in Argentina said Thursday. Payne’s father, Geoff Payne, traveled to Buenos Aires on Friday, visiting the hotel where his son died.

Persons: Liam Payne, Geoff Payne, “, ”, Payne, – Harry Styles, Niall Horan, Louis Tomlinson, Zayn Malik –, Marcelo Roma, Bear, Cheryl Cole Organizations: CNN, Prosecutor’s Office, Public Prosecutor’s Office, Associated Press, Todo Noticias Locations: Buenos Aires, Argentina, Payne’s

☆ Hundreds of One Direction fans gather in London to sing, cry and say goodbye to Liam Payne
▼ + stars: | 2024-10-21 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +1 min

Hundreds of One Direction fans gathered in London’s Hyde Park on Sunday to pay their respects to Liam Payne, the former member of the British-Irish boy band who died on Wednesday after falling from a hotel balcony in Buenos Aires, Argentina. Despite rainy weather, the queue to get in front of the park’s Peter Pan statue — where fans young and old were placing flowers, heart-shaped balloons and letters in memory of Payne — stretched back as far as the eye could see. Minute-long moments of silence were held every hour on the dot, when the crowd got so quiet one could hear a pin drop. Jordi, 24, choked up telling Variety how One Direction helped her find a community during adolescence. “I was thinking about it on the train here, and I think my love for this band has been the only constant that I’ve had,” she said.

Persons: Liam Payne, Peter Pan, Payne —, Jordi, “, I’ve, ”, Payne Locations: London’s Hyde, Buenos Aires, Argentina

☆ Liam Payne fans gather in great crowds to pay tribute in London’s Hyde Park
▼ + stars: | 2024-10-20 | by ( Sara Smart | Alli Rosenbloom | ) edition.cnn.com time to read: +3 min

Crowds gathered near the park’s Peter Pan statue, where they placed handwritten letters, teddy bears, balloons, photos and flowers, according to photos shared from the memorial. The scene created what looked like a scrapbook of both the singer’s life and the fans whose lives he touched. The Hyde Park memorial is one of many fan-organized vigils held throughout the weekend, with Payne’s supporters paying tribute to the singer in London, Japan, Australia and US, among others. Tributes placed at a memorial for former One Direction singer Liam Payne at London's Hyde Park on Sunday. Then he remembered thousands of people still followed @1DAlert and “I knew this was the best place for me to be.”Fans comforting each other while paying tribute to Liam Payne at a memorial held on Sunday in London's Hyde Park.

Persons: CNN — London’s, Liam Payne, Peter Pan, Hyde, Hollie Adams, ”, we’re, Jonathan Brady, Joseph Azar, Azar, “, Justin Tallis, ’, ” Azar Organizations: CNN, Reuters, New York City, WCBS, ”, Getty Locations: Buenos Aires, London, Japan, Australia, London's, Paris, Milan, New York, London's Hyde

☆ Liam Payne’s body to be delivered to his family when pending clinical tests are finished, source says
▼ + stars: | 2024-10-19 | by ( Manuela Castro | Darío Klein | ) edition.cnn.com time to read: +3 min

Buenos Aries CNN —The body of British musician Liam Payne, who died Wednesday in Buenos Aires, will not be delivered to his family until authorities conclude the final clinical tests, a source told CNN Saturday. Geoff Payne, father of the former One Direction singer, arrived in Buenos Aires on Friday. The source told CNN authorities allowed Payne to see his son’s body in the morgue. CNN previously reported Payne wanted to visit his son’s room but was not allowed to enter due to the ongoing investigation. “Given the heartbreaking loss experienced this week, I’ve made the decision to postpone the US leg of the STAIRWAY TO THE SKY Tour,” Malik said on X.

Persons: Buenos, Liam Payne, Geoff Payne, Payne, Harry Styles, Niall Horan, Louis Tomlinson, Zayn Malik –, –, “ We’re, ” Malik, “, I’ve, Malik, ”, CNN’s Michelle Watson, Susannah Cullinane Organizations: Buenos Aries CNN, CNN, Authorities, CasaSur Locations: British, Buenos Aires, Argentina

☆ Liam Payne’s cause of death confirmed in autopsy report: What is polytrauma?
▼ + stars: | 2024-10-18 | by ( Chrissy Callahan | ) www.nbcnews.com time to read: +6 min

An autopsy report has confirmed Liam Payne’s cause of death a day after the singer passed away at the age of 31. The Sistema de Atencio Medica de Emergencia shared the following statement with Telemundo, part of NBCUniversal, after Payne’s death. What did Liam Payne’s autopsy report show? What was in the 911 call before Liam Payne’s death? The call was placed minutes before Payne’s death, according to the prosecutor’s office.

Persons: Liam Payne’s, Liam Payne, Emergencia, “, Liam James Payne, Payne, Payne “, ”, it’s Organizations: Argentina National Prosecutor’s Office, Medica, Telemundo, Associated Press, Security Ministry, Prosecutor’s Office, TODAY.com, National Library of Medicine, Casa Locations: Argentina, NBCUniversal, “ British, Palermo, Buenos Aires

The death of Hamas leader Yahya Sinwar opens a window of opportunity for Israel to end the war in Gaza. The Texas Supreme Court halted the execution of an inmate in a “shaken baby syndrome” case. The length of the stay was not specified but the state Supreme Court wrote in the opinion that the lower court should act swiftly. NOAA issues winter weather forecast as Phoenix finally snaps heat streakParts of Washington state saw the first bouts of snowfall this season, a preview of what’s expected for the region this winter. While forecasters are looking ahead to winter, Phoenix, until Tuesday, had been trapped in a summer that wouldn’t end.

Persons: Yahya Sinwar, Rob Gronkowski, Netanyahu, Sinwar, Ismail Haniyeh, Benjamin Netanyahu, ”, Bruce Riedel, Biden, Antony Blinken, Aaron David Miller, ” Miller, Robert Roberson, Roberson, Read, “, Amanda Hernandez, Trump, Donald Trump, Roe, Wade, Aquilino Gonell, Kamala Harris ’, Joe Biden, Elon Musk, Harris, Mark Cuban, ➡️ Harris, Sen, John McCain, it’s, ➡️ Tim Walz, Mitch McConnell, ➡️, Liam Payne’s, Liam Payne, Luciano Gonzalez, Helene, Laith Wallschleger, Aaron Hernandez, Travis Kelce, Brian Urlacher, JJ Watt, ” Wallschleger, Greg Rosenstein, Elizabeth Robinson Organizations: The Texas Supreme, Israel, Israeli, CIA, Carnegie Endowment, International, Texas Supreme, Texas Department, Criminal Justice, NOAA, Phoenix, Atmospheric Administration, U.S . Capitol, Fox News, Univision, Capitol Police, House, ➡️, Elon, Trump . ➡️, Trump, NBC News, Anadolu, Getty, Apalachee High School, NFL, NBC Locations: Israel, Gaza, The, U.S, Texas, Washington, Phoenix, Arizona, British, Buenos Aires, Argentina, Dallas, Georgia, FX’s

Christopher Polk/Getty Images Payne takes a selfie with fans at the 2014 ARIA Awards in Sydney. Cameron Spencer/Getty Images Payne performs with One Direction during one of their last concerts together in Los Angeles in 2015. Terence Patrick/CBS/Getty Images Payne poses for photos with his then partner Cheryl Cole at the 2018 BRIT Awards in London. Joe Maher/FilmMagic/Getty Images Payne performs on "The Today Show" in 2019 to promote the release of his first solo album. Kate Green/Getty Images Payne warms up before Soccer Aid for UNICEF 2023 charity match in Manchester, England.

Persons: Liam Payne’s, Payne, ’, Marcelo Roma, Liam Payne, James Shaw, Shutterstock Payne, Louis Tomlinson, Zayn Malik, Harry Styles, Niall Horan, Nicole Scherzinger, Ken McKay, Shutterstock, Dave Hogan, Christopher Polk, Cameron Spencer, James Corden, James Van Der Beek, Jim Gaffigan, Terence Patrick, Cheryl Cole, Bear, Joe Maher, FilmMagic, Kate Green, Will Matthews, Marc Piasecki, Luis Robayo, Singer Liam Payne, ”, ‘, they’re “, “ Liam, ” Harry Styles, Zayn Malik –, –, “ We’re, Liam, Simon Cowell, Malik, ” Tomlinson, Agustin Marcarian, REUTERS Payne, Tomlinson, ” Malik, “, ” Horan, he’s “, ” Styles Organizations: CNN, Party, Fremantle Media, Getty, CBS, NBC, Soccer Aid, UNICEF, Todo Noticias, Associated Press, UK’s, Media, REUTERS Locations: Buenos Aires, Argentina, London, Wolverhampton , England, Barbados, Los Angeles, Sydney, Manchester, England, Paris, AFP

☆ Cheryl Cole pays tribute to Liam Payne, condemns ‘abhorrent’ reports about his death
▼ + stars: | 2024-10-18 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Liam Payne’s former partner, Cheryl Cole, paid tribute to the late singer in a statement on Friday in which she pleaded for sensitivity in coverage of his death. Payne and Cole, a recording artist and former judge on the UK version of “The X Factor,” were in a relationship between 2016 and 2018. In a video shared on YouTube in 2023, Payne shared his appreciation for Cole and talked about the love and affection he felt for Bear. He’s growing up far too quickly,” Payne shared at the time. He’s a wonder.”Cole wrote of her concern their son someday seeing media reports about his father’s death.

Persons: Liam Payne’s, Cheryl Cole, Payne, Cole, Bear, ” Cole, Liam, “ Liam, “, ” Payne, ” Organizations: CNN, YouTube Locations: Buenos Aires, Argentina

☆ Liam Payne's 'heartbroken' family share tribute after pop star's hotel death
▼ + stars: | 2024-10-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +3 min

LONDON — Liam Payne's family paid tribute to the pop star following his death after falling from a hotel balcony in Argentina Wednesday. Staff inside the hotel where Liam Payne died after falling from a third floor balcony in Buenos Aires on Wednesday. Since the news of Payne's death, One Direction fans have gathered at the Casa Sur Palermo Hotel in Buenos Aires to pay tribute to Payne and sing some of the group's songs. Fans mourn outside Casa Sur Hotel hours after former One Direction star Liam Payne, 31, died on Wednesday. Tobias Skarlovnik / Getty ImagesAsked on X whether he had seen the news about Payne's death, he replied: "I have it's very sad."

Persons: Liam Payne's, Liam, Payne, Liam Payne, Luciano Gonzalez, Simon Cowell, Rebecca Ferguson, hadn't, Ferguson, Liam Gallagher, Tobias Skarlovnik Organizations: Press Association, Staff, Wednesday, Anadolu, Getty, Syco Records, U.S, Billboard, Casa Sur Palermo, Casa Sur Locations: Argentina, London, Buenos Aires, British, Casa

☆ Hotel called 911 about Liam Payne 'breaking the whole room' while intoxicated before his fatal fall
▼ + stars: | 2024-10-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: 1 min

The hotel in Argentina where One Direction star Liam Payne fell to his death Wednesday night called 911 about his destructive behavior after he had "overindulged on drugs and alcohol," according to a transcript of the call. "We have a guest who is overindulged in drugs and alcohol and ... Well, when he is conscious he breaks, he is breaking the whole room. Well, we need you to send someone, please," the call from the Casa Sur Palermo hotel in Buenos Aires said. The caller tells the operator that police are needed "urgently" because he was at risk. "The guest is in a room that has a balcony and, well, we are a little afraid that he might do something life-threatening," the caller said, according to audio obtained via local media by Telemundo.

Persons: Liam Payne Organizations: Casa Sur Palermo, Telemundo Locations: Argentina, Buenos Aires

☆ Liam Payne changed the music industry in One Direction. Solo success was harder.
▼ + stars: | 2024-10-17 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Liam Payne, a singer who was part of One Direction, died Wednesday at the age of 31. One Direction was one of the most successful pop acts of the 2010s before they went on hiatus. The band never reformed, and Payne struggled to break out as a solo artist. AdvertisementThe death of Liam Payne, once part of One Direction, was a dark and abrupt turn for a person in a boy band that reinvigorated the pop-music industry. They became international stars, filling a gap in the market for a new type of boy band.

Persons: Liam Payne, Payne, —, Harry Styles, Louis Tomlinson, Niall Horan, Zayn Malik, Simon Cowell, Stephen Graham, Michael Tran, Forbes, Taylor Swift, Savan, Stone, Kotecha, Alexis Petridis, Karwai Tang, WireImage Payne, Cowell, Rolling Stone, Styles, Payne's, would've Organizations: Service, Goldsmiths , University of London, Guardian, Billboard, YouTube, iFL Locations: Buenos Aires, Argentina, London

☆ Liam Payne and his fans grew up together. A look back at his life in the spotlight
▼ + stars: | 2024-10-17 | by ( Lisa Respers France | ) edition.cnn.com time to read: +9 min

At the time, the young Payne said he was more focused making music than schoolwork. Christopher Polk/Getty Images Payne takes a selfie with fans at the 2014 ARIA Awards in Sydney. Terence Patrick/CBS/Getty Images Payne poses for photos with his then partner Cheryl Cole at the 2018 BRIT Awards in London. Joe Maher/FilmMagic/Getty Images Payne performs on "The Today Show" in 2019 to promote the release of his first solo album. Zayn Malik, Louis Tomlinson, Liam Payne, Niall Horan and Harry Styles on the 'The X Factor' in 2010.

Persons: Liam Payne, Payne, “, ”, Louis Walsh, James Shaw, Shutterstock Payne, Louis Tomlinson, Zayn Malik, Harry Styles, Niall Horan, Nicole Scherzinger, Ken McKay, Shutterstock, Dave Hogan, Christopher Polk, Cameron Spencer, James Corden, James Van Der Beek, Jim Gaffigan, Terence Patrick, Cheryl Cole, Bear, Joe Maher, FilmMagic, Kate Green, Will Matthews, Marc Piasecki, Luis Robayo, Singer Liam Payne, ” Payne, I’ve, Frank Sinatra’s, Simon Cowell, Michael Buble’s, ” Cowell, Cowell, Directioners ”, Iron, “ He’s, Malik, Cole, Tolga Akmen, 😘😘 Organizations: CNN, Wolverhampton, Party, Fremantle Media, Getty, CBS, NBC, Soccer Aid, UNICEF, MTV Locations: Buenos Aires, Argentina, London, Wolverhampton , England, Barbados, Los Angeles, Sydney, Manchester, England, Paris, AFP, “

CNN —Former One Direction band member Liam Payne has died at age 31 after falling from the third floor of the CasaSur Palermo Hotel in Buenos Aires, Argentina, according to police. “We have a guest who is overwhelmed with drugs and alcohol,” the hotel manager said on the call. Police officers stand guard at the entrance of the hotel where British singer Liam Payne died in Buenos Aires on Wednesday. Juan Mabromata/AFP/Getty ImagesMental health strugglesIn recent years, Payne spoke publicly about facing battles with his mental health and substance abuse. “It’s wild, but it was like the only way you could get frustration out in the day,” he said.

Persons: Liam Payne, Payne, Pablo Policicchio, Payne “, Juan Mabromata, Middleton, “, ”, superstardom Payne, Simon Cowell’s, Harry Styles, Niall Horan, Zayn Malik, Louis Tomlinson, ” Payne, Bear, Cheryl Tweedy Organizations: CNN, Todo Noticias, ”, Police, Buenos Aires Security Ministry, Associated Press, ” Police, Buenos, Authorities, Wednesday, Wolverhampton College, British TV, Girls Locations: Buenos Aires, Argentina, British, AFP, English, Wolverhampton, City

☆ Liam Payne’s shocking death prompts outpouring of grief and questions
▼ + stars: | 2024-10-17 | by ( Sandra Gonzalez | ) edition.cnn.com time to read: +4 min

Payne, 31, had died earlier in the day after falling from the third floor of the hotel, according to a statement from Buenos Aires police. In death, Payne was afforded privacy he was rarely given in life. Fans place candles outside the hotel where Liam Payne, former One Direction member, was found dead, in Buenos Aires, Argentina, on Wednesday. I can not believe he is gone.”Louis Tomlinson, Liam Payne, Harry Styles, Zayn Malik and Niall Horan of One Direction in 2012. He was also seen attending his former bandmate Horan’s concert in Buenos Aires on October 2, according to videos posted on social media from the show.

Persons: Liam Payne, Pablo Policicchio, Payne “, van, Payne, Agustin Marcarian, Simon Cowell, Harry Styles, Zayn Malik, Louis Tomlinson, Niall Horan –, Cowell, ” Payne, “, ”, ” Malik, Charlie Puth, Zedd, ” Puth, “ Liam, ” Louis Tomlinson, Niall Horan, Theo Wargo, Horan’s, ” “ Organizations: CNN, Buenos Aires Security Ministry, Associated Press, ” Police, YouTube Locations: Buenos Aires, Payne, Argentina

☆ One Direction members mourn death of Liam Payne: ‘We will miss him terribly’
▼ + stars: | 2024-10-17 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +4 min

“And for the record, Liam was in my opinion the most vital part of One Direction. Malik left the group in 2015, spawning the announcement that One Direction was going on an “indefinite hiatus” the following year. All five former members went on to pursue solo careers, including Payne, who released his most recent single “Teardrops” in March. Just weeks before his death, Payne was seen in Argentina attending Horan’s concert, posting videos of himself dancing and singing along on his Snapchat page. Payne’s family previously said a statement that they’re “heartbroken” by his death, according to the UK’s PA Media news agency.

Persons: Harry Styles, Niall Horan, Zayn Malik, Louis Tomlinson, Liam Payne, ”, ” Styles, Horan, Malik, Tomlinson, Liam, ” Tomlinson, Payne, ” “ Liam, “, Bear, Simon Cowell, Styles, Christopher Polk, “ I’ve, ” Payne, they’re, “ Liam, Cowell Organizations: CNN, Demand Entertainment, UK’s, Media, Fremantle UK Locations: ”, Buenos Aires, Argentina, Los Angeles

☆ Lionel Messi equals Cristiano Ronaldo’s hat-trick record after vintage performance for Argentina
▼ + stars: | 2024-10-16 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

CNN —Lionel Messi rolled back the years with a vintage performance for Argentina on Tuesday, scoring three goals in his nation’s 6-0 thrashing of Bolivia in a 2026 World Cup qualifier. It was the 37-year-old’s 10th international hat-trick, a tally which draws him level with Cristiano Ronaldo’s record in men’s soccer. It was Messi who got the party started, capitalizing on a defensive error to put his country ahead after 19 minutes. The former Barcelona superstar then whipped the home crowd into a frenzy with two quick goals before the final whistle. Messi was making just his second appearance for his country since July after overcoming an ankle injury.

Persons: Lionel Messi, Cristiano Ronaldo’s, “, ” Messi, I’ll, Messi, unselfishly, Lautaro Martínez, Julián Álvarez, Luis Robayo, Thiago Almada, Messi wasn’t Organizations: CNN, Argentina, Estadio Monumental, Inter Miami, Messi, Bolivian, Venezuela, CONMEBOL Locations: Bolivia, soccer, Buenos Aires, Argentina, AFP, Barcelona, Colombia, Paraguay

CNN —Liam Payne, a former member of boyband One Direction, has died after falling from the window of a hotel in Buenos Aires, according to police there. Payne was best known as a member of the famed British boyband One Direction. It’s just a nice driving jam — imagine driving down the coast.”From left to right, Niall Horan, Liam Payne, Louis Tomlinson and Harry Styles of the band "One Direction" performing in Los Angeles in 2015. In a video shared on YouTube in 2023, Payne talked about the love and affection he felt for his son, Bear. He’s growing up far too quickly,” Payne shared at the time.

Persons: Liam Payne, Payne, Niall Horan’s, Harry Styles, Zayn Malik, Louis Tomlinson, Horan, “, ” Payne, Louis, Niall Horan, Kevork Djansezian, ”, Cheryl Cole Organizations: CNN, Street, 14B, British, Entertainment, Fleetwood, Girls, YouTube Locations: Buenos Aires, Costa, Palermo, Argentina, Los Angeles, South America

☆ Liam Payne, former One Direction star, dead at 31 in Buenos Aires: reports
▼ + stars: | 2024-10-16 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

One Direction singer Liam Payne died at the age of 31, multiple outlets reported. Go to newsletter preferences Thanks for signing up! AdvertisementFormer One Direction singer Liam Payne has died after falling from his hotel balcony in Argentina, according to multiple reports. According to Argentine outlet La Nación, police in the Palermo neighborhood were called to the Casa Sur hotel after reports that a man was behaving aggressively in the building. Alberto Crescenti, head of the state emergency medical system, said, "We were alerted about a person who was in an internal courtyard of Casa Sur Hotel."

Persons: Liam Payne, Payne, —, Alberto Crescenti Organizations: British, Service, Casa, Business Locations: Argentina, Argentine, Palermo, Casa Sur

☆ Israel is trying to dismantle Hezbollah's leadership, but there's a big problem
▼ + stars: | 2024-10-10 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +5 min

Israel has been targeting Hezbollah's leaders with a series of air strikes. Hezbollah's leadership crisis may lead to internal power struggles and strategic shifts. AdvertisementIsrael is continuing its relentless campaign to dismantle Hezbollah's leadership. Israel says it killed Hezbollah chief Hassan Nasrallah in an airstrike on Beirut. As well as taking out Hezbollah's leadership with strikes in Lebanon and Gaza, Israel is also weighing up a counterattack against Iran after it launched a ballistic missile attack.

Persons: —, Hassan Nasrallah, Hezbollah's, Fu'ad, Ali Karaki, Ibrahim Aqeel, Hashem Safieddine, Israel, Chris McGrath, Benjamin Netanyahu, it's, Netanyahu, Mohammed Albasha, Albasha, Antony Loewenstein, KAWNAT HAJU, William F, Wechsler, Abbas al, Mireille Rebeiz, Nasrallah, Al, Ahmet Kaya Organizations: Service, Israel, Palestine, Sky News, Getty, Atlantic Council, Rafik Hariri Center and Middle, Islamic Jihad Organization, Middle East, Dickinson College, UK's National Institute of Economic, Social Research, CNN Locations: Israel, Syria's, Golan, Beirut, Chris McGrath Israeli, US, Lebanon, AFP, Rafik, Buenos Aires, Iran, Pennsylvania, Gaza

☆ A world-champion quant trader with a 491% annual return shares an easy pattern that's profitable in 72% of test samples and can be manually executed
▼ + stars: | 2024-09-28 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

He's a quant fund manager who uses hundreds of models to execute trades across multiple assets. And he's good at what he does: in the 2023 World Cup Championship of Futures Trading, Scherman finished first with a 491.4% return, according to competition records. I was trading in the Argentina market," Scherman said. This is because a trader can't predict the next market regime and must prove that their thesis can survive changes. "I need to have the capital to recover from that loss," Scherman said.

Persons: Ivan Scherman, —, Scherman, hadn't, David Aronson, shouldn't, it's Organizations: Futures, Service, New York Stock Exchange, Chicago Mercantile Exchange, University of Buenos, Argentine Financial Markets Institute Locations: Buenos Aires, Argentina, University of Buenos Aires

☆ Argentina poverty rate soars over 50% as Milei austerity bites
▼ + stars: | 2024-09-27 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Argentina’s poverty rate soared to almost 53% in the first half of the year, official data released on Thursday showed, the first hard evidence of the painful impact of libertarian President Javier Milei’s tough austerity measures. The data underscores how Milei’s spending cuts, aimed at overturning a deep fiscal deficit, have caused major short-term pain. The country is in a deep recession and inflation remains in triple digits, though there are signs things are improving. ‘Any level of poverty is horrendous’Agustin Salvia, director of the UCA’s Observatory, said that there was a significant impact at the start of the year from Milei’s policies. “If you look at the whole story, it shows a deterioration in the first quarter.

Persons: Javier Milei’s, ”, Irma Casal, Agustin Salvia, Manuel Adorni, Milei Organizations: Catholic University of Argentina’s, UCA’s Locations: American, Buenos Aires

☆ Apartment rents are down and supply is up 170% in Buenos Aires since Argentina scrapped all rental regulations
▼ + stars: | 2024-09-25 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +1 min

Buenos Aires is seeing apartment rents down 40% and supply up over 170%, the WSJ reported this week. The controls limited annual rent increases, causing landlords to leave units empty or hike up initial lease prices. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Since last October, rents have fallen 40% and supply has skyrocketed over 170%, according to The Wall Street Journal.

Persons: — Organizations: Service, Wall Street, Business Locations: Buenos Aires, Argentina

☆ Meet the Latin American e-commerce platform that's outperforming Amazon this year
▼ + stars: | 2024-09-24 | by ( Kate Rooney | ) www.cnbc.com time to read: +4 min

One of the world's largest e-commerce companies is emerging as a top pick on Wall Street as investors look for tech opportunities beyond the Magnificent Seven. "There was no venture capital for Latin America. Last year, venture-backed companies in Latin America raised $3.3 billion across nearly 1,000 deals, according to PitchBook. E-commerce and online payments are steadily growing, and Latin America has a young, mobile-savvy population of more than 600 million people. "When you look at the penetration of e-commerce in Latin America, it's still quite low compared to the U.S., Europe or Asia," Galperin told CNBC.

Persons: Marcos Gaplerin, Brad Gerstner, Gerstner, CNBC's Scott Wapner, Goldman Sachs, It's, Buenos Aires Galperin, Galperin, MercadoLibre, We've, it's Organizations: Nasdaq, Wall Street, Stanford Graduate School of Business, CNBC, Stanford, eBay Locations: Delaware, Brazil, Argentina, Mexico, Chile, South America, Mercado Pago, Buenos Aires, Palo Alto , California, California, America, Silicon Valley, New York, Sand, West, Latin America, U.S, Europe, Asia

☆ A California Gen Xer who retired early to Colombia on a $3,423 monthly pension explains how much he pays for housing and other bills
▼ + stars: | 2024-09-22 | by ( Allie Kelly | ) www.businessinsider.com time to read: +3 min

Read previewTo Jeremy Teitelbaum, the weather in Pereira, Colombia, feels like "eternal spring." According to documents reviewed by Business Insider, he lives on his $3,423 monthly teaching pension. According to the Social Security Administration, over 700,000 US workers retired abroad in 2022, the latest available data. This trend comes as millions of baby boomers are living on fixed Social Security or pension incomes with limited savings. Once he begins collecting Social Security, Teitelbaum said his teaching pension will be reduced.

Persons: —, Jeremy Teitelbaum, Teitelbaum, Teitelbaum hasn't, Pereira — Organizations: Service, Business, International, Social Security Administration, Security Locations: Pereira, Colombia, San Luis Obispo , California, America, Texas, Panama , California, Italy, Minnesota, Mexico, California, Machu Picchu, Buenos Aires, Los Angeles

☆ Dollar catches footing ahead of Fed
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: +3 min

The dollar steadied on Wednesday as stronger-than-expected U.S. retail sales had traders slightly trimming bets that the U.S. easing cycle will begin with an outsized interest rate cut. The Federal Reserve is expected to make its first interest rate cut in more than four years at 1800 GMT, which will be followed by a news conference half an hour later. A rate cut is fully priced, with interest rate futures implying a 63% chance of a 50 basis point cut, after flirting with 70% a day earlier. Traders say the Fed's tone as well as the size of the rate cut will drive the next moves in the foreign exchange market. China's stock, bond and currency markets resume trade on Wednesday after the mid-autumn festival break, though it is a holiday on Wednesday in Hong Kong.

Persons: Nathan Swami, Swami Organizations: Federal, Traders, Citi, Australian, New Zealand, Sterling, Bank of, ANZ Bank Locations: Buenos Aires, Argentina, Asia, U.S, Japan, Atlanta, Singapore, Hong Kong, Bank of England

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