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☆ Taylor Swift has reportedly entered her billionaire era with success of Eras Tour
▼ + stars: | 2023-10-27 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Taylor Swift has entered her billionaire era. The music Swift has released since 2019 is valued at $400 million, Bloomberg reports, while her income from sales of tickets and merchandise to her massive concert tour is $370 million. Her earnings from streams of her music, real estate portfolio and royalties from music sales are estimated at $310 million. Earlier this summer, Swift's Eras Tour was already poised to become the highest-grossing tour of all time, earning a record-setting $1 billion in sales. A recently released concert film of the Eras Tour quickly became the highest-grossing domestic concert film ever, raking in just short of $100 million during its opening weekend.

Persons: Taylor Swift, Travis Kelce, Swift Organizations: Super, Bloomberg, CNBC, Global

☆ NY Fed can cut off Puerto Rican bank in Venezuela-related crackdown -US judge
▼ + stars: | 2023-10-27 | by ( Jonathan Stempel | ) www.reuters.com time to read: +3 min

[1/2] The entrance to The Federal Reserve Bank of New York is seen in New York City, U.S., March 13, 2023. The New York Fed agreed to keep the bank's master account open until Koeltl ruled on the preliminary injunction motion. The New York Fed declined to comment. In 2019, the New York Fed said it would stop approving new master accounts for Puerto Rican offshore banks because of sanctions aimed at ousting Venezuela's socialist President Nicolas Maduro. The case is Banco San Juan Internacional Inc v Federal Reserve Bank of New York et al, U.S. District Court, Southern District of New York, No, 23-06414.

Persons: Brendan McDermid, John Koeltl, BSJI, Koeltl, Nicolas Maduro, Jonathan Stempel, Diane Craft, Jonathan Oatis Organizations: Federal Reserve Bank of New, REUTERS, District, Banco San Juan Internacional, New York, New, Fed, New York Fed, Venezuela's, Banco San Juan Internacional Inc, Reserve Bank of New, Court, Southern District of, Thomson Locations: Federal Reserve Bank of New York, New York City, U.S, Puerto Rican, Venezuela . U.S, Manhattan, Venezuela, OPEC, Reserve Bank of New York, Southern District, Southern District of New York, New York

☆ ATP roundup: Andrey Rublev wins in Vienna, lands Finals spot
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +2 min

Rublev had 21 winners against six unforced errors while reaching the Finals for the fourth straight year. Arnaldi had 19 winners and 11 unforced errors. Croatian wild card Borna Gojo had 22 winners and five unforced errors while upsetting sixth-seeded Tommy Paul 6-3, 6-4. Shevchenko, from Russia, had 40 winners and just eight unforced errors while outlasting third-seeded Taylor Fritz 6-7 (7), 7-6 (6), 7-6 (5). Griekspoor of the Netherlands need just 84 minutes to complete a 6-4, 6-3 win over Australia's Alex de Minaur, the No.

Persons: Andrey Rublev, Russia's Daniil Medvedev, Brendan Mcdermid, Italy's Matteo Arnaldi, Rublev, Arnaldi, Daniil Medvedev, Medvedev, Bulgaria's Grigor Dimitrov, Sinner, Lorenzo Sonego, Gojo, Tommy Paul, Tsitsipas, Tomas Machac, Frances Tiafoe, France's Gael Monfils, Basel Dominic Stricker, Alexander Shevchenko, Tallon Griekspoor, Ugo Humbert, Casper Ruud of Norway, Taylor Fritz, Alex de Minaur, France's Humbert, Nicolas Jarry of, Holger Rune, Argentina's Sebastian Baez, Felix Auger, Botic van de Zandschulp Organizations: Russia's, Russia's Daniil Medvedev REUTERS, Erste Bank, France's Gael, Swiss, Basel, Shevchenko, Denmark, Thomson Locations: Flushing Meadows , New York, United States, Vienna, Croatian, Czech Republic, Switzerland, Stricker, Russia, Netherlands, Nicolas Jarry of Chile, Canada

☆ NY Fed Can Cut off Puerto Rican Bank in Venezuela-Related Crackdown -US Judge
▼ + stars: | 2023-10-27 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

"Accepting deposits from and providing financial services to a financial institution with BSJI's record of noncompliance exposes the FRBNY and the financial system to risk," Koeltl wrote. The New York Fed agreed to keep the bank's master account open until Koeltl ruled on the preliminary injunction motion. The New York Fed did not immediately respond to similar requests. In 2019, the New York Fed said it would stop approving new master accounts for Puerto Rican offshore banks because of sanctions aimed at ousting Venezuela's socialist President Nicolas Maduro. The case is Banco San Juan Internacional Inc v Federal Reserve Bank of New York et al, U.S. District Court, Southern District of New York, No, 23-06414.

Persons: Jonathan Stempel, John Koeltl, BSJI, Koeltl, Nicolas Maduro, Diane Craft Organizations: Federal Reserve Bank of New, District, Banco San Juan Internacional, New York, New, Fed, New York Fed, Venezuela's, Banco San Juan Internacional Inc, Reserve Bank of New, Court, Southern District of Locations: U.S, Federal Reserve Bank of New York, Puerto Rican, Venezuela . U.S, Manhattan, Venezuela, OPEC, Reserve Bank of New York, Southern District, Southern District of New York, New York

AdvertisementAdvertisementYou can get Southwest's Companion Pass by earning 135,000 Rapid Rewards points within a year — and this credit card bonus will get you more than halfway there. This elevated welcome bonus is available on all three personal credit cards:AdvertisementAdvertisementThe Southwest Rapid Rewards® Priority Credit CardThe Southwest Rapid Rewards® Premier Credit CardAnd the Southwest Rapid Rewards® Plus Credit Card. Southwest Rapid Rewards® Plus Credit Card Apply now lock icon An icon in the shape of lock. Annual fee Insider’s Take The Southwest Rapid Rewards® Premier Credit Card is worth considering if you fly Southwest, even occasionally. Otherwise, have a look at other Southwest cards like the Southwest Rapid Rewards® Plus Credit Card and Southwest Rapid Rewards® Premier Credit Card, which have lower annual fees but the same elevated welcome bonus offer.

Persons: Nicolas Economou, Getty Images We're, —, We'll, you've, Miles, you'll Organizations: Rapid, Getty Images, Southwest, Rewards, Card, Southwest Airlines, Service, Southwest ®, FDIC, Rapid Rewards, Chase, eBay, Southwest Hotels Locations: U.S, Southwest

☆ Halloween candy is getting more expensive—these are the 10 states where prices have gone up the most
▼ + stars: | 2023-10-26 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

The prices in the candy aisle feel a lot more like a trick than a treat these days. This year Americans are expected to spend $3.6 billion on Halloween candy, up from $3.1 billion last year, according to the National Retail Federation. However, while candy prices are going up nationwide, some states are experiencing bigger price hikes than others. Scholarship database Scholaroo analyzed the increase in candy prices since 2020 using data from the candy and chewing gum price index. These are the states where Halloween candy prices have increased the most, and the least, since last year.

Organizations: Reese's, National Retail Federation Locations: Hawaii, Pennsylvania

☆ Different feel as England Argentina meet again in bronze final
▼ + stars: | 2023-10-26 | by ( Mitch Phillips | ) www.reuters.com time to read: +4 min

Of course the one that spoiled that streak was the agonising one-point semi-final defeat by South Africa, but it is still an England team unrecognisable in confidence and execution from the one that endured a dismal August warm-up campaign. England eventually advanced as pool winners, then beat Fiji before their Springbok loss, while Argentina improved to beat Japan to clinch second place then see off Wales in the quarter-final. Borthwick and Pumas coach Michael Cheika followed their defeats by immediately stressing that they were treating the bronze final as a match they were taking very seriously. "Winning the bronze medal is very important for the future and the legacy of the most experienced players. England have also won all four of the teams' pool clashes at the World Cup.

Persons: Steve Borthwick, Tom Curry, flyhalf George Ford, Ford banged, Michael Cheika, Borthwick, Cheika, Owen Farrell, Ford, Marcus Smith, Henry Arundell, Freddie Steward, Juan Cruz Mallia, Emiliano Boffelli, Lucio Cinti, Jeronimo de la Fuente, Mateo Carreras, Santiago Carreras, Tomas Cubelli, Facundo Isa, Marcos Kremer, Juan Martin Gonzalez, Pedro Rubiolo, Guido Petti, Francisco Gomez Kodela, Julian Montoya, Thomas Gallo, Agustin Creevy, Joel Sclavi, Eduardo Bello, Matias Alemanno, Rodrigo Bruni, Lautaro Bazan Velez, Nicolas Sanchez, Matias Moroni, Joe Marchant, Manu Tuilagi, Ben Youngs, Ben Earl, Sam Underhill, Ollie Chessum, Will Stuart, Theo Dan, Ellis Genge, Jamie George, Bevan Rodd, Dan Cole, David Ribbans, Lewis Ludlum, Danny Care, George Ford, Ollie Lawrence, Mitch Phillips, Christian Radnedge Organizations: England, Rugby, Fiji, Springbok, Japan, Borthwick, Pumas, Twickenham, Thomson Locations: Argentina, South Africa, England, Marseille, Wales, New Zealand, flyhalf

☆ Argentina poll shows ruling party hopeful Massa leading Milei
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

The survey from pollster Analogias put support for Massa, the outgoing government's economy chief, at about 42% versus 34% for Milei, a combative self-described anarco-capitalist. Political polling has been wildly off in Argentina in recent years, including ahead of last Sunday's first-round vote, when Milei led in nearly all polls but ultimately came in second to Massa by about six points. The new poll also shows nearly 18% undecided in the head-to-head match-up, while about another 6% said they will vote for no one. It also estimates Massa is winning about a third of those who supported last Sunday's fourth-place finisher, as well as almost 15% of those who opted for Bullrich. Reporting by Nicolas Misculin; Editing by David Alire Garcia; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Sergio Massa, Patricia Bullrich, Javier Milei, Analogias, Milei, Wednesday's, Massa, Proyeccion Consultoras, Nicolas Misculin, David Alire Garcia, David Gregorio Our Organizations: por la Patria, el Cambio, Massa, Bullrich, Consultora, Thomson Locations: BUENOS AIRES, Argentina, South America's

☆ Machado formally wins Venezuela primary, government warns against foreign interference
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

[1/5] Venezuelan opposition leader Maria Corina Machado attends an event to receive the credential as winner of the October 22 opposition's primary election, in Caracas, Venezuela October 26, 2023. The country's attorney general said on Wednesday his office has launched a criminal investigation into the primary and members of its organizing commission. Machado, who won about 93% of votes in the primary, met with about 10 foreign diplomats on Wednesday at her party's headquarters, sparking the government's objections. Rodriguez, the government's top negotiator in talks with the opposition, told the diplomats the primary violated electoral rules because it was organized without the help of electoral authorities and violated the Barbados deal. Machado, however, said the investigation into the primary is a "clear" violation of the Barbados deal.

Persons: Maria Corina Machado, Leonardo Fernandez Viloria, Nicolas Maduro, Machado, Maduro, Jorge Rodriguez, Rodriguez, Jesus Maria Casal, Vivian Sequera, Mayela Armas, Deisy, Julia Symmes Cobb, Rod Nickel Organizations: REUTERS, Rights, Venezuelan, The U.S . State Department, Thomson Locations: Caracas, Venezuela, Rights CARACAS, U.S, Barbados, The

The opposition and the primary's winner Maria Corina Machado have insisted repeatedly it was transparent and fair. The U.S. State Department is aware of the accusations and called for an investigation, a spokesperson said, adding the primary was "an important milestone" for Venezuela. The investigation, requested by lawmaker Jose Brito, will center on accusations of electoral violations, financial crimes and conspiracy, Saab said during a press conference. The electoral violations stem from the primary being organized without the National Electoral Council, Saab said. Voter rolls for the primary included 2 million people who neither registered nor participated, Saab said, and financing for the primary has not been made public.

Persons: Tarek Saab, Maria Corina Machado, Machado, Nicolas Maduro's, Nicolas Maduro, Jose Brito, Saab, Jesus Maria Casal, Mildred Camero, Roberto Abdul, Hadi, Vivian Sequera, Mayela Armas, Julia Symmes Cobb, Natalia Siniawski, Oliver Griffin, Helen Popper, Marguerita Choy, Rod Nickel Organizations: Venezuela's, Washington, U.S . State Department, Electoral Council, Saab, Voters, Thomson Locations: CARACAS, Washington, Maduro, Barbados, U.S, Venezuela, Sumate

☆ Argentina's Milei nabs key endorsement, but critics quickly pounce
▼ + stars: | 2023-10-25 | by ( Nicolás Misculin | ) www.reuters.com time to read: +2 min

[1/3] Conservative Patricia Bullrich, who finished third in the first round of Argentina's presidential election, attends a press conference next to Luis Petri, in Buenos Aires, Argentina October 25, 2023. While Patricia Bullrich's endorsement could lead many of her center-right coalition's voters to also support the combative outsider Milei, criticism from within her Together for Change coalition showed at least some will not follow her lead. Bullrich's public backing of Milei quickly stoked divisions in the coalition she led, which months ago was the odds-on favorite to replace Massa's Peronists. Gerardo Morales, head of the more moderate Radical Civic Union party within Bullrich's coalition, derided her endorsement as "irresponsible," adding that the party will not endorse Milei or Massa. Analysts suggest the overall impact of Bullrich's endorsement will be limited, as some of her supporters will probably break for Massa.

Persons: Patricia Bullrich, Luis Petri, Matias Baglietto, Javier Milei, Patricia Bullrich's, Sergio Massa, Milei, Bullrich's, Bullrich, Mauricio Macri, Gerardo Morales, Horacio Rodriguez Larreta, Nicolas Misculin, David Alire Garcia, Steven Grattan, Diane Craft Organizations: REUTERS, Peronist, Massa, Massa's, Radical Civic Union, Buenos Aires, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Bullrich's, Massa, Buenos

CARACAS, Venezuela (AP) — Venezuela’s chief prosecutor on Wednesday announced a criminal investigation into organizers of this past weekend's primary election that was meant to let voters choose an opposition candidate to run against President Nicolás Maduro next year. Attorney General Tarek William Saab told reporters the probe would look at allegations including that the independent National Primary Commission that organized Sunday's balloting was illegally usurping the duties of a government entity. The latest partial results released by the commission showed at least 2.3 million people within Venezuela and more than 132,000 outside the country voted Sunday. Machado, a former lawmaker, already has declared herself the winner after results showed her far ahead of nine other candidates. The partial results showed that with about 92% of tally sheets counted, Machado had 2,253,825 votes, or 92.35% of the total.

Persons: — Venezuela’s, Nicolás Maduro, Tarek William Saab, María Corina Machado, Saab, buffoonery, ” Saab, “, Machado Organizations: Wednesday, Commission, Saab, Electoral Council Locations: CARACAS, Venezuela

☆ ATP roundup: Top seed Holger Rune rallies in Basel
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +2 min

1 seed Holger Rune of Denmark bounced back from a rough first set to beat Serbia's Miomir Kecmanovic 1-6, 7-5, 6-3 in first-round action at the Swiss Indoors Basel on Tuesday. Rune overcame four double faults and 15 unforced errors by winning 30 of his 43 first-service points (69.8 percent). 4 seed Hubert Hurkacz of Poland beat Serbia's Dusan Lajovic 7-6 (2), 6-3, while fifth seed Alex de Minaur of Australia beat Diego Schwartzman of Argentina 6-4, 6-4. 4 seed Stefanos Tsitsipas of Greece beat home-country favorite Dominic Thiem 7-6 (5), 6-4 in the first round in Vienna, Austria. 3 seed Andrey Rublev of Russia defeated Australia's Alexei Popyrin 7-6 (5), 6-4, and American sixth seed Tommy Paul took care of Frenchman Alexandre Muller 6-3, 6-1.

Persons: Holger Rune, Brandon Nakashima, Aly, Denmark, Serbia's, Rune, Hubert Hurkacz, Serbia's Dusan Lajovic, Alex de Minaur, Diego Schwartzman, Nicolas Jarry of, Frenchman Adrian Mannarino, Tallon Griekspoor, Russian Alexander Shevchenko, Dominic Stricker, Dominic Thiem, Tsitsipas, Andrey Rublev, Australia's Alexei Popyrin, Tommy Paul, Frenchman Alexandre Muller, Frances Tiafoe, Daniel Evans of Great, Grigor Dimitrov of, Tomas Machac, Lorenzo Sonego Organizations: Shanghai, Sports City Arena, U.S, REUTERS, Swiss, Basel, Australia, Erste Bank, Russia, Thomson Locations: Shanghai, China, Poland, Argentina, Nicolas Jarry of Chile, Netherlands, Russian, Swiss, Greece, Vienna, Austria, American, U.S, Daniel Evans of Great Britain, Grigor Dimitrov of Bulgaria, Czech

☆ 'You gotta take the money': Billionaire Jay-Z settles question of whether lunch with him is worth over $500,000
▼ + stars: | 2023-10-24 | by ( Nicolas Vega | ) www.cnbc.com time to read: 1 min

Jay-Z has settled a viral social media debate once and for all. In an interview with CBS Mornings, the billionaire rapper gave an answer to the viral question that has bounced around the internet since 2021: Would you rather have $500,000 or lunch with Jay-Z? Any advice he could give can just as easily be found in his music, said Jay-Z, whose net worth was recently estimated to be $2.5 billion. "I wouldn't tell you to cut a bad deal," he said. "Take the $500,000, go buy some albums and listen to the albums.

Persons: Jay, Gayle King Organizations: CBS, Brooklyn - Locations: Brooklyn

☆ I tried Sweetgreen's new meals, and the chicken dinners blow the chain's salads out of the water
▼ + stars: | 2023-10-24 | by ( Nancy Luna | ) www.businessinsider.com time to read: +2 min

Insider was invited to the chain's test kitchen in Los Angeles to try the new dishes. AdvertisementAdvertisementWhen I reviewed Sweetgreen and Cava last month, I found the most superb thing on the Sweetgreen menu was not a salad. They've tested a few of these protein-packed meals over the years. But, the hot honey chicken has been the only core item on the plates menu for the past few years. Besides the new meals, we also tried a third grain the chain is adding to the menu and new toppings such as crispy onions.

Persons: —, Sweetgreen, Nicolas Jammet, Chad Brauze Organizations: Service Locations: Chipotle, Los Angeles, Cava, Angeles

Up for grabs are 8.8 million votes that went to the three losing candidates, conservative Patricia Bull, moderate Peronist governor Juan Schiaretti and leftist Myriam Bregman. Reuters GraphicsSchiaretti and Bregman, both left-leaning, in theory should shed most of their combined 2.5 million votes to Massa in the Nov. 19 head-to-head. Bullrich's 6.3 million would likely favor Milei more, but moderates in her coalition could shift to Massa. Centrist Buenos Aires city mayor Horacio Larreta lost the conservative Together for Change's internal primary to Bullrich, but did get nearly 2.7 million votes, many of which shifted to her. Luana Molenberg, a 20-year-old worker in Buenos Aires, said she hoped the anti-Milei vote would get behind Massa: "I'm very afraid that Milei will win."

Persons: Sergio Massa, Javier Milei, Agustin Marcarian, Patricia Bull, Juan Schiaretti, Myriam Bregman, Milei, Massa, Shila Vilker, Trespuntozero, Cristina Fernandez de Kirchner, Horacio Larreta, Ramiro Vitale, Luana, Federico Aurelio, Nicolas Misculin, Juan Bustamante, Adam Jourdan, Aurora Ellis Organizations: Argentine, University of Buenos, Law School, REUTERS, Peronist, Massa, International Monetary Fund, Reuters, Reuters Graphics, Reuters Graphics Reuters, Thomson Locations: University of Buenos Aires, Argentina, BUENOS AIRES, South, Bullrich, Buenos Aires

☆ Why IPAs are about to get more expensive
▼ + stars: | 2023-10-24 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

New research predicts the yield of already high-demand aroma hops to drop between 4% and 18% by 2050. This is important for the beer industry because the ever-popular India Pale Ales (IPAs) and their related off-shoots depend on aroma hops for their unique scents and bitter taste. AdvertisementAdvertisementHowever, the high-quality hops needed for IPAs to achieve their desired bitterness and aromas are already more expensive, so these beers are typically more costly than traditional styles. As the climate changes, areas that were once home to hops production become less hospitable, but new areas could open up. The authors concluded by calling on "urgent adaptation measures to stabilize international market chains," noting that these changes "will affect the economics and prospects" for European hop production.

Persons: Untappd, Nicolas Jooris Organizations: Service, Change Research, Czech Academy of Sciences, Getty, Farmers Locations: Europe, India, microbreweries, Germany, Czech Republic, Slovenia, Yakima Valley, Washington, East Coast

☆ Venezuelans in Primary Cast Ballots for Candidate to Challenge Maduro Regime
▼ + stars: | 2023-10-23 | by ( Kejal Vyas | ) www.wsj.com time to read: 1 min

A voter cast his ballot at a polling station in Caracas, Venezuela, on Sunday. Photo: Associated PressBOGOTÁ, Colombia—In polling stations from Venezuela to the U.S. to Europe, Venezuela’s opposition put on a primary election Sunday in which a conservative, pro-business engineer was expected to be chosen as the candidate to challenge authoritarian President Nicolás Maduro’s regime in next year’s presidential election. Maria Corina Machado held a commanding lead in polls, and her victory was foretold in a field of 10 candidates. But as of early Sunday night, it remained unclear if she would be permitted to run in the general election because Maduro’s government has barred her, as it has other prominent dissident politicians, from holding office.

Persons: Nicolás Maduro’s, Maria Corina Machado Locations: Caracas, Venezuela, Colombia, Europe

Machado, 56, had led her rivals by some 40 points in polls. Though five people were released, the Maduro government said last week that those with disqualifications cannot run in the 2024 contest. The opposition, which says the disqualifications are unlawful, has been reticent about what it would do if Machado wins the primary but is unable to compete in 2024. Machado has said she could pressure the electoral authorities to let her register, while others have argued a substitute will be necessary. Reporting by Vivian Sequera and Mayela Armas; Writing by Julia Symmes Cobb; Editing by Tom HogueOur Standards: The Thomson Reuters Trust Principles.

Persons: Maria Corina Machado, Nicolas Maduro, Machado, Carlos Prosperi, Maduro, Vivian Sequera, Mayela Armas, Julia Symmes Cobb, Tom Hogue Organizations: Venezuelan, Thomson Locations: Caracas, CARACAS, United States, Machado's

☆ McDonald's is giving away free fries every Friday for the rest of the year—here’s how to order
▼ + stars: | 2023-10-23 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

Now, with the fast food giant's latest promotion, you can get a free medium order of its famous fries every Friday through the end of the year — with any purchase. The "Free Fries Friday" offer begins on Oct. 27 and will continue every week until Friday, Dec. 29, giving you 10 chances to take advantage of the deal. To get the free spuds, you'll need to download the McDonald's app and make an account. The free medium fries can also be found under the deals tab. The home of the Big Mac previously gave out free fries in July in honor of National French Fry Day.

Persons: you'll, Big Mac, Fry, McDonald's Organizations: National, CNBC, Global

☆ Pepsi just opened a $50 per person diner experience for its 125th anniversary—Take a look inside
▼ + stars: | 2023-10-23 | by ( Nicolas Vega | ) www.cnbc.com time to read: 1 min

After 125 years of making soda, Pepsi has expanded its culinary offerings. This weekend, the soft drink giant unveiled the Pepsi 125 Diner, a limited-time pop up in New York City, where guests will be able to take a trip through the brand's history and enjoy a three-course meal of Pepsi-infused foods. Tickets cost $50 per person and include the three-course meal, unlimited soft drinks as well as live Pepsi-themed trivia during the two-hour engagement. There will be two seatings each day, at 5:30 p.m. and 8:30 p.m., and guests will be able to buy Pepsi cocktails and mocktails for an additional charge. CNBC Make It visited the Pepsi 125 Diner at 477 Broadway in New York City.

Organizations: Pepsi, CNBC Locations: New York City

☆ Argentina's Peronists soar in election to seal run-off with radical Milei
▼ + stars: | 2023-10-23 | by ( ) www.cnbc.com time to read: +4 min

Javier Milei, presidential candidate of the Liberty Advances coalition, speaks at his campaign headquarters after polls closed for general elections in Buenos Aires, Argentina, Oct. 22, 2023. Argentina's ruling Peronist coalition smashed expectations to lead the country's general election on Sunday, setting the stage for a polarized run-off vote next month between Economy Minister Sergio Massa and far-right libertarian radical Javier Milei. "We have never had so much polarization," said 72-year-old pensioner Silvia Monto as she voted in Buenos Aires on Sunday. "He is the only one who understands the situation in the country and understands how to save it," said Buenos Aires student Nicolas Mercado, 22. Silvana Dezilio, 37, a housewife in Buenos Aires province, said it was hard to see a positive outcome whoever won.

Persons: Javier Milei, Argentina's, Sergio Massa, Massa, Patricia Bullrich, Milei, Carlos Gutierrez, Bullrich, Silvia Monto, Nicolas Mercado, Silvana Dezilio Organizations: Liberty Advances, Peronist, International Monetary Fund Locations: Buenos Aires, Argentina, Milei, China, Brazil

☆ Machado holds huge lead in Venezuela presidential primary vote
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +1 min

Industrial engineer and former lawmaker Maria Corina Machado reacts to the vote count, after Venezuelans voted in a primary to choose a unity opposition candidate to face Venezuela's President Nicolas Maduro in his probable re-election bid in 2024, in Caracas, Venezuela October 23, 2023. REUTERS/Leonardo Fernandez Viloria Acquire Licensing RightsCARACAS, Oct 23 (Reuters) - Venezuelan opposition leader Maria Corina Machado held an overwhelming lead in the vote count on Monday evening for the South American country's opposition presidential primary with 92.56% support, according to opposition officials. Nearly 65% of ballot boxes have been counted, they added. Machado declared victory overnight after an initial count of about a fourth of the ballots cast in the Sunday contest showed she had won by a similar margin. Reporting by Vivian Sequera; Editing by David Alire GarciaOur Standards: The Thomson Reuters Trust Principles.

Persons: Maria Corina Machado, Nicolas Maduro, Leonardo Fernandez Viloria, Machado, Vivian Sequera, David Alire Garcia Organizations: REUTERS, Rights, South, Thomson Locations: Caracas, Venezuela, Rights CARACAS, Venezuelan

☆ 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

The auction could start a new chapter for the 113-year-old company, which has been owned by Venezuela for almost 40 years. Washington and Venezuela's political opposition wanted Citgo to anchor the country's economic future under a democratically elected government. The sale could become the biggest court auction ever held. Motiva, Valero and Citgo's ultimate parent, Venezuela's state oil company PDVSA, did not reply to requests for comment. "Citgo will be strategic for Venezuela in the next 20-25 years, not only as a refining company, but with an expanded role," director Medina said.

Persons: Biden, Citgo, Nicolas Maduro's, Matthew Blair, Tudor, Blair, Jose Ignacio Hernandez, Leonard Stark, PDVSA, PDV, Juan Guaido, Natalie Shkolnik, Wilk Auslander, Nicolas Maduro, Stark, Evercore, Conoco, Horacio Medina, Carlos Jorda, Medina, Hernandez, Marianna Parraga, Erwin Seba, Gary McWilliams, Anna Driver Organizations: U.S . State Department, Reuters, Marathon Petroleum, Motiva Enterprises, Valero Energy, Koch Industries, Valero, U.S . Treasury, Holt, U.S, Crystallex International, PDVSA, National Assembly, Citgo, PDV, Supreme, Evercore, ConocoPhillips, Exxon Mobil, Exxon, U.S . Treasury Department's, Foreign Assets Control, Thomson Locations: United States, Petroleum, U.S, Houston, Venezuela, Washington, Saudi, Pickering, Citgo, Delaware, Caracas

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