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☆ 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

☆ Shakira stands trial in Spain for alleged tax fraud
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +2 min

Shakira poses on the red carpet during the 24th Annual Latin Grammy Awards show in Seville, Spain, November 16, 2023. The 'Hips Don't Lie' Colombian megastar, who also has a second tax fraud investigation pending with Spanish authorities, has vowed to fight what she called false accusations. She rejected a settlement offer from the prosecutor's office to close the case and is expected to testify on Monday in the first of 12 hearings scheduled until Dec. 14. The prosecutor's office is seeking an up to eight-year prison term and to claim back the taxes it says she owes. Shakira, 46, lived with former Barcelona and Spain soccer star Gerard Pique for 11 years and the couple have two children.

Persons: Shakira, Marcelo del Pozo, Gerard Pique, Shakira Isabel Mebarak Ripoll, Judge Jose Manuel del Amo Sanchez, Portugal's Cristiano Ronaldo, Argentina's Lionel Messi, Diego Costa, Bayer, Xabi Alonso, Alonso, Emma Pinedo, Aislinn Laing, Alexander Smith Organizations: REUTERS, Rights, Spanish, Bayer Leverkusen, Thomson Locations: Seville, Spain, Rights BARCELONA, Barcelona, Miami, Spanish

☆ 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's Sergio Massa concedes presidential election to Javier Milei
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +1 min

[1/2] Argentine presidential candidate Sergio Massa votes during Argentina's runoff presidential election, in Tigre, on the outskirts of Buenos Aires, Argentina November 19, 2023. Argentine Ministry of Economy/Handout via REUTERS Acquire Licensing RightsBUENOS AIRES, Nov 19 (Reuters) - Argentina presidential candidate and economy minister Sergio Massa conceded defeat to far-right libertarian Javier Milei in the country's presidential runoff on Sunday. "I have called Javier Milei to congratulate him," Massa said from his campaign headquarters in Buenos Aires. The economy minister spoke before official results were published. Reporting by Alexander Villegas and Jorgelina do Rosario, editing by Adam JourdanOur Standards: The Thomson Reuters Trust Principles.

Persons: Sergio Massa, Javier Milei, Massa, Alexander Villegas, Jorgelina, Adam Jourdan Our Organizations: Argentine, Argentine Ministry of, REUTERS Acquire, Thomson Locations: Tigre, Buenos Aires, Argentina, BUENOS AIRES, Rosario

☆ I’ll Be Far for Christmas: Why Millennials Are Booking Solo Trips This Holiday Season
▼ + stars: | 2023-11-18 | by ( Stacey Lastoe | ) www.wsj.com time to read: +1 min

NOT-HOME ALONE Katie Addo took a solo trip to Argentina last Thanksgiving—and found the experience liberating. Photo: Katie Addo (Photo); Maria Amador/The Wall Street Journal (Hand Lettering)LAST YEAR, CHRIS REICH, 34, and his extended family—10 people in total—rented a house in Turks & Caicos over the Thanksgiving weekend. “You have someone who wants to do one thing, another person who definitely doesn’t want to do that thing.”This Christmas, Reich is heading back to the Caribbean—by himself. And in late December, Reich happens to get a large chunk of time off work, one of his only opportunities to take trips abroad. “I think [my parents] want me to stay, but they know that it doesn’t make sense,” he said.

Persons: Katie Addo, Maria Amador, CHRIS REICH, —, ”, “, Reich Organizations: Street Locations: Argentina, Caicos, New York, Caribbean, Westchester County, New York City

☆ How the Architect of Argentina’s Grim Economy Is Boosting His Presidential Bid
▼ + stars: | 2023-11-18 | by ( Ryan Dubé | ) www.wsj.com time to read: 1 min

SAN MIGUEL, Argentina—As a so-called point man for the ruling Peronist political movement, Carlos Coronel does everything from organizing soccer tournaments in the working-class outskirts of Buenos Aires to helping the disabled secure artificial limbs. Now, as Argentina prepares for a presidential election on Sunday, he seeks to collect votes by fanning out across the teeming Rust Belt-like communities of a province whose voters are essential to winning the presidency.

Persons: Carlos Coronel Organizations: MIGUEL, Peronist Locations: Argentina, Buenos Aires

☆ In Argentina, Three Generations of a Peronist Family Weigh Their Vote
▼ + stars: | 2023-11-18 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +7 min

The Cepernics remain a Peronist family, three generations of the clan told Reuters, but their support for the movement has faltered. "Maybe a few will vote for Peronism," she said from her home in the province of Santa Cruz. "I grew up in a Peronist family, and I'm planning to vote blank," Marcela, a retired school teacher, said from the ice cream parlor she now runs in El Chalten, a village in Santa Cruz province. He preferred not to disclose his planned vote, although he added, "I'd never vote for Milei in my life." When democracy was restored in 1983, everyone in the family supported the Peronist movement.

Persons: Lucinda Elliott, Horacio Cordoba RIO, Catalina Cepernic's, Jorge, Juan Domingo Peron, Catalina, Peronism, Peron, Peron's, Sergio Massa, Javier Milei, I'm, Marcela Cepernic, Catalina's, Massa, Marcela, he's, Juan Manuel Cepernic, Rio Gallegos, Cristina Fernandez de Kirchner, Nestor Kirchner, Juan Manuel, I'd, PERONISM, Jorge Cepernic, grandpa, Jorge's, Marcelo, Milei's, Victoria Villarruel, Horacio Cordoba, Adam Jourdan, Rosalba O'Brien Organizations: Horacio Cordoba RIO GALLEGOS, Peronist, Reuters, Economy, Peronism, Milei, Santa Cruz, Rio, Massa, Rio Gallegos Locations: Argentina, Argentina's, Patagonia, South America, Santa Cruz, Sunday's, Peronist, El Chalten, Santa Cruz province, Rio, Peronism, Buenos Aires

Scholz, who has visited Africa several times since taking office in late 2021, will hold bilateral talks with several African countries on Sunday, before hosting a German-African investment summit at Berlin's Marriott Hotel on Monday morning. African countries have long complained that while Europe talks about investment, China actually provides financing without any moral lecturing. Still, Chinese lending in Africa is in decline, while European interest is rising as it seeks to diversify supply chains. Nearly two thirds of German companies want to expand their business in Africa, according to a study by KPMG and the German-African Business Association. The member countries of the G20 Compact are Morocco, Tunisia, Egypt, Senegal, Guinea, Ivory Coast, Ghana, Togo, Benin, Burkina Faso, Rwanda, Democratic Republic of Congo and Ethiopia.

Persons: jostling, Scholz, Macron, Ursula von der Leyen, Emmanuel Macron, Mark Rutte, Olaf Scholz, Sarah Marsh, Andreas Rinke, Mike Harrison Organizations: Africa, Dutch, African Union, KPMG, African Business Association, Democratic, Thomson Locations: Berlin, Africa, Macron BERLIN, Germany, Berlin's, Europe, United States, Russia, China, Asia, Morocco, Tunisia, Egypt, Senegal, Guinea, Ivory Coast, Ghana, Togo, Benin, Burkina Faso, Rwanda, Democratic Republic of Congo, Ethiopia

[1/3] Juan Manuel Cepernic and his father Marcelo pose for a photo at Marcelo's home, in Rio Gallegos, Argentina, November 14, 2023. The Cepernics remain a Peronist family, three generations of the clan told Reuters, but their support for the movement has faltered. "Maybe a few will vote for Peronism," she said from her home in the province of Santa Cruz. Jorge's son Marcelo ran as the Peronist candidate for city mayor of Rio Gallegos that year and won, serving until 1987. Reporting by Lucinda Elliott in Buenos Aires and Horacio Cordoba in Rio Gallegos; Editing by Adam Jourdan and Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

Persons: Juan Manuel Cepernic, Marcelo, Horacio Cordoba, Rights RIO, Catalina Cepernic's, Jorge, Juan Domingo Peron, Catalina, Peronism, Peron, Peron's, Sergio Massa, Javier Milei, I'm, Marcela Cepernic, Catalina's, Massa, Marcela, he's, Rio Gallegos, Cristina Fernandez de Kirchner, Nestor Kirchner, Juan Manuel, I'd, PERONISM, Jorge Cepernic, grandpa, Jorge's, Milei's, Victoria Villarruel, Lucinda Elliott, Adam Jourdan, Rosalba O'Brien Organizations: REUTERS, Rights, Peronist, Reuters, Economy, Peronism, Milei, Santa Cruz, Rio, Massa, Rio Gallegos, Thomson Locations: Rio Gallegos, Argentina, Argentina's, Patagonia, South America, Santa Cruz, Sunday's, Peronist, El Chalten, Santa Cruz province, Rio, Peronism, Buenos Aires

☆ Argentina's Milei gets mixed reception during night at the opera
▼ + stars: | 2023-11-18 | by ( ) www.reuters.com time to read: +2 min

[1/2] Argentine presidential candidate Javier Milei arrives at the Teatro Colon opera house with his girlfriend, Fatima Florez, ahead of the November 19 runoff elections, in Buenos Aires, Argentina November 17, 2023. REUTERS/Ramiro Souto Acquire Licensing RightsNov 18 (Reuters) - Argentine presidential candidate Javier Milei stole the spotlight on Friday evening when his presence at Argentina's most prestigious opera house sparked a rowdy shouting match just before a polarizing election concludes on Sunday. The insults provoked cheers in Milei's defense, with video of the incident sweeping across social media. The theater's director, Jorge Telerman, wrote on X, formerly Twitter, that he condemned the "expressions of intolerance" directed at Milei. The presidential hopeful winked at the opera house brouhaha on X.

Persons: Javier Milei, Fatima Florez, Ramiro Souto, Madame Butterfly, Sergio Massa, Milei, Milei's, Jorge Telerman, brouhaha, Butterfly, Brendan O'Boyle, Franklin Paul Organizations: Argentine, Teatro Colon, REUTERS, Teatro, Sunday, Franklin Paul Our, Thomson Locations: Buenos Aires, Argentina, Milei

[1/2] A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Cooler-than-expected U.S. inflation data on Tuesday and Wednesday hastened market expectations for how soon the Federal Reserve will cut rates. Such a move would weaken a major dollar support and could come as early as next year's first quarter. The yen - punished broadly this year by dollar strength - broke the 150 mark for the first time in nearly two weeks, gaining 0.69% to 149.68 to the dollar. Japanese authorities do not have specific exchange-rate levels in mind when deciding when to intervene in the currency market, Deputy Finance Minister Ryosei Akazawa told parliament on Friday.

Persons: Marcos Brindicci, Bipan Rai, Thierry Wizman, Wizman, Ryosei Akazawa, Lee Hardman, Robert Holzmann, Joachim Nagel, Christine Lagarde, Herbert Lash, Iain Withers, Rae Wee, Tom Westbrook, Alexander Smith, Matthew Lewis Organizations: REUTERS, Federal Reserve, CIBC Capital Markets, FX, Eurostat, European Central Bank, Thomson Locations: Buenos Aires, Argentina, North America, Toronto, United States, Macquarie, New York, Britain, London, Singapore

[1/2] A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Cooler-than-expected U.S. inflation data on Tuesday and Wednesday reset market expectations for how soon the Federal Reserve will cut rates and weighed on the dollar. The greenback is poised for its biggest weekly drop since July, down 1.6% over the past five days, and second-biggest decline this year. Data that showed U.S. single-family homebuilding increased marginally in October briefly supported the dollar, but with inflation the main market driver it remained lower on the day. The euro was up 0.17% at $1.0868 after Eurostat data confirmed year-on-year inflation in the euro zone slowed sharply in October.

Persons: Marcos Brindicci, Bipan Rai, Thierry Wizman, Wizman, Lee Hardman, Robert Holzmann, Joachim Nagel, Christine Lagarde, Herbert Lash, Iain Withers, Rae Wee, Tom Westbrook, Mark Potter, Kirsten Donovan Organizations: REUTERS, Federal Reserve, CIBC Capital Markets, FX, Eurostat, European Central Bank, Thomson Locations: Buenos Aires, Argentina, North America, Toronto, United States, Macquarie, New York, Britain, London, Singapore

☆ UN shares its world’s ‘best tourism villages’
▼ + stars: | 2023-11-17 | by ( Lilit Marcus | ) edition.cnn.com time to read: +5 min

For travelers who want to visit a smaller, more authentic local destination, the United Nations World Tourism Organization (UNWTO) has released this year’s list of the best tourism villages. For 2023, 55 villages were recognized by the international organization, which focuses on sustainable tourism, up from 32 last year. The list includes small towns and villages from places as diverse as Mexico, China, Ethiopia, and Italy. There’s no ranking of the villages, and they are all listed in alphabetical order in English. Highlights in EuropeEurope’s selections to the UNWTO list represent a mix of cultural and environmental differences.

Persons: Dhordo, Les Falles, Sant, Al Sela, Jordan • Barrancas, Spain •, Peru •, Egypt •, India •, Korea •, Portugal •, Colombia •, Japan •, Italy • Manteigas, Ecuador •, Pisco, Austria •, Uzbekistan •, • Siwa, Portugal • Anton, Arlberg, Tân, Viet Nam, Hungary •, Moldova • Vila, China • Organizations: CNN, United Nations World Tourism Organization, Asia Dongbaek, UNWTO, UNESCO, Reserve, Spain • Ordino, Andorra • Oyacachi, Schladming, Moldova • Locations: Tokyo, London, Mexico, China, Ethiopia, Italy, Asia, South, Jeju, Shirakawa, Japan, Gifu prefecture, Nagoya, Zhejiang, Dhordo, Rann, Kutch, India, Europe, Spain, Sigüenza, Madrid, Slunj, Croatia, Andorra, Ordino, Sant Pere, Peru, Machu Picchu, Lima, Peruvian, Chacas, Chile, La Carolina, Argentina, Biei, Tortel, Cantavieja, Spain • Chacas, Huantar, Peru • Dahshour, Egypt, Egypt • Dhordo, Republic, Korea, Korea • Douma, Lebanon, Ericeira, Portugal, Portugal • Filandia, Colombia, Huangling, Cánovas, Kandovan, Iran, Lerici, Switzerland, Mosan, Juárez, Oñati, Ecuador, Ecuador • Paucartambo, Peru • Penglipuran, Indonesia, Pisco Elqui, Pozuzo, Saint, Saty, Kazakhstan, Austria, Austria • Sehwa, Korea • Sentob, Uzbekistan, Uzbekistan • Shirakawa, Egypt • Slunj, Sortelha, Viet, Peru • Tokaj, Hungary, Hungary • Văleni, Moldova, Madalena, Portugal • Xiajiang, China • Zapatoca, Colombia • Zhagana

☆ Qatar World Cup: Amnesty International says ‘abuses persist’ and ‘too little has been done’ to protect workers
▼ + stars: | 2023-11-17 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +4 min

Qatar now leads the region on workers’ rights and labor reforms, setting an example for other countries on how a system can be successfully overhauled. Argentina's Lionel Messi lifts World Cup after defeating France in the final. Julian Finney/Getty Images Europe/Getty ImagesIn the build-up to last year’s World Cup, the organizers received widespread criticism for their treatment of migrant workers. The report did not connect all 6,500 deaths with World Cup infrastructure projects and has not been independently verified by CNN. Amnesty International also reiterated its 10-point plan which was published in the build-up to the 2022 World Cup.

Persons: Qatar’s, “, Argentina's Lionel Messi, Julian Finney, Hassan Al Thawadi, CNN’s Becky Anderson, Steve Cockburn, “ Qatar’s, ” Organizations: CNN, Amnesty International, Amnesty, Qatar’s International Media, FIFA, France, Getty, Guardian, Economic Social Justice, Qatar “, Qatar Locations: Qatar, Qatari, Europe

☆ Georgia boils Caucasian grape candy as wine harvest ends
▼ + stars: | 2023-11-17 | by ( David Chkhikvishvili | ) www.reuters.com time to read: +2 min

REUTERS/Roman Churikov/ File Photo Acquire Licensing RightsTBILISI, Nov 17 (Reuters) - Georgia's grape harvest may be over, but vineyard owner and hotelier George Piradashvili's work for the year is far from finished. At his winery in the eastern region of Khakheti, Piradashvili is boiling leftover grape juice from this year's harvest - on strings, together with flour and walnuts, to produce a signature delicacy: churchkhela. Throughout Georgia, the sticks of hard-boiled grape juice studded with walnuts hang from market stalls and shops. Chewy churchkhela sticks go some way to sweetening an otherwise heavy and often spicy diet. The grape juice must be stirred to prevent it setting too soon as it boils and thickens in great vats for hours on end - a highly physical task.

Persons: George Piradashvili, George Piradashvili's, Piradashvili, Fabrizio, Gvantsa, Felix Light, Kevin Liffey, Tomasz Janowski Organizations: REUTERS, Rights, Thomson Locations: Telavi , Georgia, Rights TBILISI, Khakheti, Throughout Georgia, Georgia, Russia, Turkey, Tbilisi, Argentina

Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. The surge in their borrowing from Chinese banks has catapulted the yuan past the euro into becoming the second-biggest currency used in global trade finance, providing a fillip to Beijing's ambitions to internationalize the yuan. "Panda bonds are steadily promoting the renminbi's function as a funding currency", the People's Bank of China (PBOC) said a report last month. German automaker Volkswagen Group (VOWG_p.DE) told Reuters it will use its inaugural 1.5 billion yuan panda bond proceeds only for its onshore China business. ($1 = 7.2421 Chinese yuan renminbi)Reporting by Samuel Shen and Rae Wee Editing by Vidya Ranganathan and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Yuan, Dado Ruvic, Fiona Lim, Lim, SWIFT, Mercedes, Yuan internationalisation, Mark Williams, It's, Maybank's Lim, Williams, Samuel Shen, Rae Wee, Vidya Ranganathan, Kim Coghill Organizations: REUTERS, Rights, BMW, Crédit Agricole S.A, National Bank of Canada, People's Bank of China, Standard Chartered Bank, Bank of China's, Volkswagen Group, Reuters, Benz Group, Capital Economics, Thomson Locations: Rights SHANGHAI, SINGAPORE, China, Hong Kong, Asia, Russia, Argentina, Pakistan, Nigeria

☆ Colombia fight back to shock Brazil, Uruguay beat Messi's Argentina
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +3 min

Nov 17 (Reuters) - Brazil lost their second consecutive World Cup qualifier match as Colombia fought back to win 2-1 against the five-times champions, who dropped to fifth place in the South American standings on Thursday. Brazil started well and dominated early proceedings, taking the lead in the fourth minute through a strike by Gabriel Martinelli, assisted by Vinicius Jr.'s fine first touch pass. Diaz burst into tears as he dedicated the win to his father who was celebrating emotionally in the stands. Goals in each half from Ronald Araujo and Darwin Nunez gave Uruguay victory over Lionel Messi's Argentina in a nervy affair at the World Cup champions' Bombonera stadium in Buenos Aires. The visitors were the better side from start to finish and the win put them second in the standings on 10 points, two behind Argentina.

Persons: Luis Diaz, Gabriel Martinelli, Vinicius Jr, Alisson, Diaz, Ronald Araujo, Darwin Nunez, Lionel Messi's, Araujo, Emiliano Martinezm, Nunez, mightily, Messi, TyC, Fernando Kallas, Michael Perry, Simon Cameron, Moore Organizations: Liverpool, Real Madrid, Metropolitano, Argentina, URUGUAY OUTCLASS WORLD, BUENOS AIRES, South America, Uruguay, World, TyC Sports, Thomson Locations: Brazil, Colombia, Barranquilla, Rio de Janeiro, URUGUAY, BUENOS, BUENOS AIRES Argentina, Uruguay, Lionel Messi's Argentina, Buenos Aires, Venezuela, Ecuador

The 125-foot Christ the Redeemer was illuminated Thursday night with a towering message welcoming the singer to the country for the latest leg of her Eras Tour. The grand show of hospitality was thanks to a charitable act by her fans and orchestrated by the Christ the Redeemer Archdiocesan Sanctuary, which manages the iconic statue. “From today onwards, I ask all fan clubs to direct their requests about the Sanctuary of Christ the Redeemer to our beloved Archdiocese. Today, the Christ statue with its arms wide open welcomes millions of selfie-snapping tourists each year. Rio is far from the only place to give Swift a special welcome for her Eras Tour.

Persons: Taylor Swift, it’s, Swifties, Eduardo Paes, Paes, ”, he'd, Omar Raposo, Father Omar, “ Young, Raposo, Rio’s, Swift, Estádio Nilton Santos, she’ll, São Paulo, Hely Olivares, “, Taylor, __ Organizations: RIO DE, Redeemer Archdiocesan, Rio, Archdiocese, United, São, Allianz Parque, Redeemer, Lilly Endowment Inc, AP Locations: RIO DE JANEIRO, Brazil, Rio de Janeiro, crowdfunding, Lagoa, “, United States, Argentina, Panama City, Rio, Princeton , New Jersey

Which is stronger will tip the balance of the South American country's presidential election on Sunday and may reshape its diplomatic ties, economic future, and the wider region's political fault lines. 'NOT MY FIRST CHOICE'Neither Massa or Milei goes into the second round with a strong mandate. "For me, neither of them represents the hopes that I have for the future of the country. This would likely put a brake on more radical reforms and force Massa or Milei to moderate. The powerful regional governors are also split between the Peronists and the main conservative coalition, with none allied to Milei.

Persons: Javier Milei, Matias Baglietto, Sergio Massa, Massa, Donald Trump, Raquel Pampa, " Massa, Fernando Pedernera, Milei's, Mario Vargas Llosa, Milei, Nicolas Troitino, Valentina, Gonzalo, Benjamin Gedan, Wilson, Adam Jourdan, Horacio Soria, Rosalba O'Brien Organizations: Argentine, REUTERS, American, International Monetary Fund, Mercosur, Massa, Milei, America, Thomson Locations: Cordoba, Argentina, BUENOS AIRES, Buenos Aires, China, Brazil, Mexico, Spain, Chile, Colombia

☆ Take Five: Black Friday is (almost) here
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +6 min

REUTERS/Kamil Krzaczynski/File Photo Acquire Licensing RightsNov 17 (Reuters) - U.S. retailers are gearing up for Black Friday, marking the start of the shopping season that follows the Thanksgiving holiday, while business activity data should gauge the temperature elsewhere. 1/ BARGAIN HUNTINGThe crucial holiday shopping season kicks off with Black Friday on Nov. 24 at a time when investors are questioning whether the consumer-driven U.S. economy can remain resilient. This year's Black Friday comes as Americans grapple with soaring interest rates and inflation that, while easing, remains above the Federal Reserve's 2% target. Already, data for October showed U.S. retail sales fell, pointing to slowing demand, although the decline was less than expected. As long as that's not the case, pressure is on the Kishida cabinet since a weak yen is unpopular politically.

Persons: Kamil Krzaczynski, Lewis Krauskopf, Kevin Buckland, Naomi Rovnick, Dhara Ranasinghe, Karin Strohecker, There's, PIMCO, Rishi Sunak, David Cameron, Jeremy Hunt, Hunt, bode, Sergio Massa, Javier Milei, Pragmatist Massa, Prinz Magtulis, Sumanta Sen, Kripa Jayaram, Pasit, Mark Potter Organizations: Walmart, REUTERS, Black, Nvidia, Insider Intelligence, European Commission, PMI, Fed, European Central Bank, Reuters Graphics Reuters, DOWNING STREET, Labour, gilts, Natwest, Reuters, Bank of Japan, Peronist, Thomson Locations: Chicago , Illinois, U.S, Argentina, Lewis, New York, Tokyo, London, Britain, Japan, Egypt, Taiwan, South Africa, India

☆ Multipolar world opens up surprising safe havens
▼ + stars: | 2023-11-17 | by ( Felix Martin | ) www.reuters.com time to read: +7 min

This new-look cap table leaves the U.S. much more vulnerable to the vagaries of foreign investors than before. In a crisis, foreign investors would rush to buy even more U.S. debt. Reuters GraphicsA less orthodox option would be to invest in emerging markets instead. The last time net equity investment in the U.S. NIIP dipped close to negative territory was as the dot-com bubble was deflating in 2001. In the next six years the U.S. saw net equity outflows equivalent to nearly 30% of GDP.

Persons: Hubert Védrine, Xi Jinping, Joe Biden, ’, Donald Trump’s, exceptionalism, NIIP, Peter Thal Larsen, Streisand Neto, Thomas Shum Organizations: Reuters, French, U.S, United, United States, Treasury, Equity, U.S . Treasury, Japan, Democratic, Cooperation Council, Peterson Institute for International, Fed, ECB ”, Thomson Locations: United States, tatters, United, U.S, China, Hong Kong, Switzerland, Singapore, Saudi Arabia, South Africa, Argentina, Mexico, Brazil, Vietnam, India, Chile, Democratic Republic of, Congo, Washington

☆ Explainer: What you need to know about Argentina's presidential election run-off
▼ + stars: | 2023-11-17 | by ( Maximilian Heath | ) www.reuters.com time to read: +4 min

BUENOS AIRES, Nov 17 (Reuters) - Argentina will vote in a run-off presidential election on Sunday, with Peronist Economy Minister Sergio Massa taking on libertarian outsider Javier Milei to determine the future of the region's second largest economy. It has one of the largest reserves of electric vehicle battery lithium, and huge shale gas and oil potential. Massa, the current government's wheeler-dealer 51-year-old economy chief, represents the ruling Union por la Patria (UP) coalition. The registry for the 2023 election is 35.4 million people and Argentines abroad can vote. In the runoff, the candidate who obtains the greatest number of total votes wins and would govern for a four-year term.

Persons: Sergio Massa, Javier Milei, Alberto Fernandez, Juan Peron, Evita, Donald Trump, Jair Bolsonaro, Massa, Milei, Patricia Bullrich, Juan Schiaretti, Pollsters, Maximilian Heath, Adam Jourdan, Andrew Cawthorne Organizations: Peronist Economy, Peronist, CARE, Monetary, WHO, La Libertad Avanza, U.S, la Patria, Pellegrini, Argentine Ministry of, REUTERS, Massa, WHAT'S, Investors, Thomson Locations: BUENOS AIRES, Argentina, China, Latin America, Brazilian, Peronism, Buenos Aires, Milei, Peronist

☆ Rio's Christ the Redeemer welcomes Taylor Swift to Brazil
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +1 min

Taylor Swift attends a premiere for Taylor Swift: The Eras Tour in Los Angeles, California, U.S., October 11, 2023. REUTERS/Mario Anzuoni/File Photo Acquire Licensing RightsRIO DE JANEIRO, Nov 16 (Reuters) - The world's most famous statue of Jesus Christ, the Christ the Redeemer statue in Rio de Janeiro, Brazil, welcomed superstar Taylor Swift to town ahead of her first set of concerts to a massive audience in Brazil. The iconic statue, known for its spread-open arms, donned a white, projected "Welcome to Brazil" T-shirt to greet the singer. The Christ the Redeemer Archdiocesan Sanctuary, which manages the monument, accepted their request, asking for donations from the Swifties in return. Reporting by Sergio Queiroz; Writing by Peter Frontini; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: Taylor Swift, Mario Anzuoni, Jesus Christ, Swift, Sergio Queiroz, Peter Frontini, Christopher Cushing Organizations: REUTERS, DE, Redeemer Archdiocesan, Thomson Locations: Los Angeles , California, U.S, DE JANEIRO, Rio de Janeiro, Brazil, United States, Mexico, Argentina, Rio, Sao Paulo

☆ Luis Díaz inspires Colombia to emotional victory as his father watches from stands after kidnap release
▼ + stars: | 2023-11-17 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

CNN —Luis Díaz scored two goals to help Colombia stun Brazil in a World Cup qualifier on Thursday, as his father watched on from the stands just a week after being released by kidnappers. On October 28, Díaz Sr. was abducted along with his wife, Cilenis Marulanda, by ELN gunmen in his hometown of Barrancas, northeastern Colombia. Marulanda was rescued later that day, but Díaz Sr. was handed over just under two weeks later to a mixed commission of UN personnel and Catholic priests on Thursday in nearby city Valledupar. Footage once again showed Díaz Sr. passionately celebrating with tears in his eyes. The five-time World Cup champion has now slipped to fifth in the qualifying standings, with Colombia up to third.

Persons: CNN — Luis Díaz, Luis Manuel Díaz, Díaz, Cilenis, Marulanda, Gabriel Martinelli, Allison, Luis Díaz, Juan Barreto, “ I’m, ” Díaz, –, Ronald Araújo, Darwin, Lionel Messi, Ballon, “, ” Messi, TyC Organizations: CNN, Estadio Metropolitano, UN, Liverpool, Brazil, Getty, BBC Sport, Messi’s, TyC Sports, Reuters, “, ”, FIFA Locations: Colombia, Brazil, Barrancas, Valledupar, Barranquilla, Brazilian, AFP, Messi’s Argentina, Argentina, Uruguay, Saudi Arabia, ” Argentina

☆ 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

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