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☆ In Major Setback for Argentina's Milei, Sweeping Reform Bill Sent Back to Committee
▼ + stars: | 2024-02-06 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

BUENOS AIRES (Reuters) - A major economic reform package championed by Argentina's libertarian President Javier Milei will be sent back to a legislative committee for consideration, the president's party said on Tuesday, marking a major setback for the bill after lawmakers rejected many of its provisions. The rejections played out during the article-by-article approval process, after legislators voted to approve the so-called "omnibus" proposal in general terms late last week. Some opposition legislators called on those backing the reform package to compromise. "We ask the ruling party to have some flexibility. They love to keep losing," said opposition lawmaker Miguel Pichetto during the legislative session.

Persons: Javier Milei, Miguel Pichetto, Nicolas Misculin, David Alire Garcia Organizations: BUENOS AIRES, Reuters Locations: BUENOS, Libertad

☆ Dollar scales fresh peaks as Fed cut bets recede
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: +3 min

"A one-two punch from Jay Powell's FOMC presser and a very strong nonfarm payrolls report have essentially closed the door on a March rate cut," said Chris Weston, head of research at Pepperstone. The Japanese yen was last 0.15% lower at 148.58 per dollar, having hit a trough of 148.82 earlier in the session. Treasury yields also jumped on expectations of higher-for-longer U.S. rates, with the two-year yield, which typically reflects near-term interest rate expectations, last up nearly seven bps at 4.4386%. That did little to help the yuan, with the offshore yuan last marginally lower at 7.2182 per dollar, pressured by a stronger greenback. "So far we've just seen speculation and some media reports talking about further support for the equity market or the property market.

Persons: Jerome Powell's, Jay Powell's FOMC presser, Chris Weston, Powell, Carol Kong, CBA's Organizations: Federal Reserve, New, Traders, Fed, CBS, Sterling, Commonwealth Bank of Australia, Treasury Locations: Buenos Aires, Argentina, New Zealand

☆ In South America, African-Inspired Religions Gain More Followers
▼ + stars: | 2024-02-03 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +5 min

Followers of African-based religions are on the rise in South America new data shows, a reflection of how the region's African heritage is gaining a greater voice beyond Brazil where such traditions are widely recognized. Surveys on religious beliefs in Argentina and Uruguay point to a rising number of people who identify with African-inspired faiths. Over 2% of Uruguayans identify as followers of African-inspired faiths like Umbanda. Oral histories and traditions associated with the African-based religions have long been misunderstood or demonized as "witchcraft," she said. "We've made strides in terms of the laws around practicing our religion, that in theory protect against discrimination," she said.

Persons: Lucinda Elliott, Mother Susana Andrade, Mae Susana de Oxum, Sasha Curti, Ramirez, Curti, Candomblé, Yemanjá, WE'VE, Victoria Sotelo, Greta Pena, stigmatization, Andrade, We've, Aurora Ellis, David Gregorio Organizations: Uruguayan, Federation of, University of the, Diaspora, Argentina's National Institute Locations: Candelaria Grimberg MONTEVIDEO, Africa, Federation of Uruguay, South America, Brazil, Argentina, Uruguay, Montevideo, Uruguayan, University of the Republic, Argentine, Paraguay, European Argentina, Candelaria, Buenos Aires

☆ Argentina Lower Chamber Approves Milei's 'Omnibus' Reform Bill
▼ + stars: | 2024-02-02 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

BUENOS AIRES (Reuters) - Argentina's lower chamber of deputies gave overall approval to libertarian President Javier Milei's sweeping "omnibus" reform bill in a vote on Friday after days of debate, paving the way for a decisive vote in the Senate. The controversial reform package was approved on a vote of 144 votes in favor, and 109 against. The mammoth bill is a key plank of Milei's reforms plans for Argentina's embattled economy, which is grappling with inflation above 200%, depleted foreign currency reserves and a time-bomb of debt repayments owned to creditors and investors. Milei's Libertad Avanza party only holds a small number of seats in the 257-seat chamber, but was still able to muster enough support from likeminded allies to advance the bill. (Reporting by Nicolas Misculin and Eliana Raszewski; Editing by Diane Craft and Sandra Maler)

Persons: Javier Milei's, Milei's, Nicolas Misculin, Diane Craft, Sandra Maler Organizations: BUENOS AIRES, Reuters, Senate Locations: BUENOS

☆ 'Everything Is Melting': Argentines Seek Cool as Heat Wave Strikes
▼ + stars: | 2024-02-01 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

BUENOS AIRES (Reuters) - Argentines sought shade and tried to cool off in public fountains on Thursday as a heat wave hitting the country saw temperatures rise towards 40 degrees Celsius (104°F). "Everything is melting, everything is melting," said Diego Gatti, a 34-year-old merchant in Buenos Aires, adding that at least near the coast there was some access to water and a breeze. The South American country is home to some 45 million people and an important grains producer of soy, corn and wheat. "The heat spreads from the roof through the house, you just can't stay there. (Reporting by Miguel Lo Bianco and Horacio Soria; Writing by Adam Jourdan; Editing by Sandra Maler)

Persons: Diego Gatti, Sergio Pavon, Miguel Lo Bianco, Horacio Soria, Adam Jourdan, Sandra Maler Organizations: BUENOS AIRES, Reuters Locations: BUENOS, Buenos Aires

BUENOS AIRES, Argentina (AP) — An Argentine court on Tuesday overturned labor rules proposed by President Javier Milei that would make it easier to fire workers, in a new blow to the leader's efforts to shake up regulations that he says have hampered the country's struggling economy. The appeals court already temporarily suspended the incoming president's new regulations in early January after a legal challenge brought by the main union group, the General Labor Confederation. Milei's administration did not immediately say whether it would do so. Milei in December announced a decree that would make several changes to labor rules, like increasing job probation from three to eight months, reducing severance compensation and allowing the dismissal of workers who take part in blockades during protests. Last week, the president faced a one-day general strike, organized by the biggest union, but some government officials downplayed the effects of the protest.

Persons: —, Javier Milei, Milei Organizations: General Labor Confederation, Congress Locations: BUENOS AIRES, Argentina, Argentine, Buenos Aires

☆ Dollar steady in cautious start to busy data, Fed week
▼ + stars: | 2024-01-29 | by ( ) www.cnbc.com time to read: +3 min

U.S. one hundred dollar bills are being shown in this picture illustration taken in Buenos Aires, Argentina, on December 15, 2023. The dollar started the week on a steady footing as investors took stock of U.S. economic data ahead of the Federal Reserve policy meeting this week, while escalating geopolitical tensions in the Middle East kept risk sentiment in check. But since then, strong economic data and pushback from central bankers have prompted traders to adjust expectations. Beyond the Fed, investors will also watch for a slew of economic data including a U.S. payrolls report that will help gauge the strength of labor market. Elsewhere, the Australian dollar rose 0.21% to $0.659, while the New Zealand dollar gained 0.18% to$0.610.

Persons: Marc Chandler, Chandler, Jerome Powell, Paul Mackel, Sterling, Joe Biden, bitcoin Organizations: Federal Reserve, Fed, Federal, HSBC, Bank of England, U.S, New Zealand Locations: Buenos Aires, Argentina, U.S, Bannockburn, Jordan, Syrian, Iran, Israel

☆ Argentina's President Milei to Visit Israel in Display of Support
▼ + stars: | 2024-01-26 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

By Candelaria GrimbergBUENOS AIRES (Reuters) - Argentina's President Javier Milei said on Friday he would travel to Israel in the "coming weeks," one of his first overseas trips since the libertarian economist took office last month after pledging strong support for Israel during his campaign. Milei was speaking during a Holocaust remembrance event in Buenos Aires, where he signaled support for Israel in its ongoing conflict with Hamas in Gaza, adding that Argentina would "not remain silent in the face of Hamas terror." Eleven Argentines are among the civilian hostages held by Hamas, Milei said, in captivity since the militant group who rules the Gaza Strip went on a deadly rampage through Israel on Oct. 7. Buenos Aires has a large Jewish community and, before taking office in December, Milei said he intended to convert to Judaism. The World Court ordered Israel on Friday to prevent acts of genocide against Palestinians and do more to help civilians.

Persons: Javier Milei, Milei, Candelaria Grimberg, Brendan O'Boyle, Rosalba O'Brien Organizations: Reuters, Israel, Court Locations: Candelaria Grimberg BUENOS AIRES, Israel, Buenos Aires, Gaza, Argentina, New York City

☆ I'm 41 and don't know how to drive. People make fun of me, but I'm better off without a car.
▼ + stars: | 2024-01-24 | by ( Gary Nunn | ) www.businessinsider.com time to read: +5 min

When I tell people I'm 41 and have never learned to drive, reactions vary depending on where they're from. I'm actually quite proud that I don't drive because I don't congest the roads and the environment. Courtesy of Gary NunnThe main reason I don't drive is pure economicsDriving is expensive — outside the cost of the car itself, you have to pay for insurance, parking, registration, and gas. I also don't drive to prevent myself from being lazy. I'm healthier, have more money, and can bike, take public transportation, or jump in an Uber to get anywhere I need to go.

Persons: I've, I'm, Nunn, Gary Nunn, I'd, there've, Uber Organizations: Service, Business Locations: Los Angeles, Australia, Medway, Kent, London, Sydney, Buenos Aires, Mykonos

CNN —Argentina’s labor unions began a nationwide general strike on Wednesday against austerity measures and reforms by the country’s libertarian President Javier Milei. Thousands of people marched toward Congress in the capital of Buenos Aires on Wednesday amid the strike, which began at 10 a.m. “This is not the Argentina that I want for my grandchildren or for the future of Argentina. The strike has led to transport disruptions with flag carrier Aerolíneas Argentinas saying that it canceled all its operations on Wednesday. He famously brandished a chainsaw at several of his rallies as an illustration of his plans to slash public spending.

Persons: Javier Milei, Milei, ”, Español Organizations: CNN, of Labor, CGT, Milei, Ministry, Security Locations: Buenos Aires, Argentina

☆ FIFA Best Awards: Lionel Messi, Aitana Bonmatí, a green carpet and a mini tuxedo. Step inside the surreal world
▼ + stars: | 2024-01-16 | by ( Matias Grez | Ben Church | ) edition.cnn.com time to read: +8 min

The Spaniard went on to be crowned the Best Men’s Coach after guiding City to the treble last season. That is not normal – for anything in history.”Manchester City Pep Guardiola poses with the trophy after being named the best men's coach in 2023. Later, shortlists were determined by two separate panels of experts in men’s and women’s football. Players past and present were in attendance, including the likes of Brazilian great Ronaldo and the newly crowned Women’s Best Player, Aitana Bonmatí. I’m very happy about how women’s football has evolved in Brazil and in the world.

Persons: CNN —, Pep Guardiola, Romina Polenta, Polenta, Lionel Messi, Kylian Mbappé, Erling Haaland, “, Messi, ” Polenta, Manchester City Pep Guardiola, Michael Regan, Johanne Perraud, “ Kiki, ”, Perraud didn’t, murmurs, shortlists, Ronaldo, Aitana Bonmatí, Oussama Nacer, I’ve, Nacer, Thierry Henry, ” Johanne Perraud, Romina, Matias Grez, Spain’s Jennifer Hermoso, Luis Rubiales, Rubiales, Hermoso, Sarina Wiegman, Marta, “ There’ll, I’m, It’s, Hugo Íñiguez, Íñiguez’s, Íñiguez Organizations: CNN, FIFA, Manchester City, Spaniard, CNN Sport, Qatar, Inter Miami, MLS, Nacer, Royal Spanish Football Federation, Argentine, Colón, Salta Rodríguez Locations: London, Argentina, Qatar, Buenos Aires, France, men’s, Spain, Brazil, Salta

☆ I spent Christmas and New Year's Eve on a cruise with a few family members. I don't think I'd ever do it again.
▼ + stars: | 2024-01-16 | by ( Erin Yarnall | ) www.businessinsider.com time to read: +4 min

I spent the holidays away from home for the first time by going on a 22-day cruise over Christmas. I woke up on Christmas to views of Antarctica but missed my traditions and the rest of my family. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But this year, I spent Christmas and New Year's Eve on a 22-day Holland America cruise around South America and Antarctica. I traveled with my grandma and cousin, and our cruise began in Buenos Aires, Argentina, and ended in Santiago, Chile.

Persons: —, I've, Erin Yarnall Organizations: Service, Holland America, Southern Locations: Antarctica, Holland, South America, Buenos Aires, Argentina, Santiago , Chile, Aysén, Chile, Puerto Madryn, Chicago, Puerto Aysén, Santa, Antarctica's, Shetland

☆ Pope Says He Hopes to Visit 'Suffering' Argentina This Year
▼ + stars: | 2024-01-14 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

By Philip PullellaROME (Reuters) - Pope Francis said on Sunday that the people of Argentina are suffering and that he hopes to be able make his first trip back to his homeland in the second half of this year. On Thursday, Argentine President Javier Milei's office said he had invited the 87-year-old Francis to visit, appearing to extend an olive branch after attacking the Catholic leader in recent years. He said an eventual trip to Argentina would take place after August, when he is planning to visit some countries in Polynesia. "After that, the trip to Argentina, if it can be done, but I would like to go. Francis has made more than 40 trips outside Italy, including many in Latin America, since his election nearly 11 years ago as the first Latin American pontiff but has yet to visit Argentina.

Persons: Philip Pullella ROME, Pope Francis, Javier Milei's, Francis, Milei, It's, imbecile, Philip Pullella, Diane Craft Organizations: Argentine, Catholic Locations: Argentina, Italian, Polynesia, Buenos Aires, Italy, Latin America

☆ The sexiest new hotels for 2024
▼ + stars: | 2024-01-05 | by ( Julia Buckley | ) edition.cnn.com time to read: +23 min

This list tries to do just that – spotlight the hotels opening (or reopening, as one of them is) in 2024 that make us want to visit for the hotel alone. Properties with a little bit of oomph – the sexy hotels of 2024, as we like to call them. For spring 2024, Costa Rica’s on the cards, with this beachfront hotel at surfer central Santa Teresa, on the Pacific Coast. Existing ones have been refurbished, and new pool villas, suites and bungalows have been added to the mix. Pool villas are cute cabins with patio doors opening on the open-to-the-elements plunge pools, while the bungalows will be wood-clad, tropical spaces.

Persons: Will, ”, that’s, King Charles, Maria, Casa Lucia Argentina, swank, Kit Kemp, Kibale, Queen Elizabeth, George, Gran, Palazzo Cordusio, Cordusio, There’s, Emanuele II, Mina Al, Ras, Anantara Mina Al Arab, Ras Al Khaimah, Mina Al Arab, Al Riffa, Mollie's, who’ll, KAI Akiu, Hoshino, Rupert Peace, Michel Rojkind, Moxy Banff, Marie, they’re, Philippe Kjellgren, It’ll, Aman, you’ve, you’ll, Roma, Romeo Roma, Romeo, starchitect Zaha Hadid, Rome’s Piazza, Costa Rica’s Organizations: CNN, Casa Lucia, Bacan, Leinster, Collins, Gran Meliá, Milan, Galleria, Tunisia –, Soho, Manchester TV, Beatles, Granada Studios, Old Granada Studios, Soho House, Resorts, Michelin, Guadalupe, Moxy, VW, Brisbane . Tourism, Queensland, Casa, Hoxton, Popolo, Princeton, Hotels, Ivy League, Mercure, Darwin, Training Academy Locations: Matca, Transylvania, Romania, Romanian, Brașov, Maria, Helsinki, Finland, Buenos Aires, Argentina, Retiro, Dublin, Ireland, Merrion, Georgian Dublin, Uganda, Rwanda, Queen, Edward, Milan, Italy, Meliá, Piazza, Duomo, Ras Al Khaimah, UAE, Arabian, Dubai, Ras Al, Oman, Mina, Al, Tunisia, Douz, Sahara, Matmata, Manchester, Japan, Tokyo, Akiu, Sendai, superlatives, Kempinski, Dresden, Germany, grande, Taschenbergpalais, Baja California, Mexico, Valle, Mexican, Valle de Guadalupe, Canada, Banff, Brisbane, Australia, Brisbane ., Dios, Peru, Casa, Andina, Brazil, Bolivia, Peruvian, Folegandros, Greece, Santorini, –, Hoxton Vienna, Austria, Hoxton, Vienna, Ennismore, Landstrasse, Sainte, Marie, Madagascar, Aman Nai, Bangkok, Thailand, Aman, Nai Lert, Thai capital’s, Rome, Naples, starchitect, New Jersey, Santa Teresa, Costa Rica, Morocco, Coast, Darwin, Larrakia, Northern Territory

☆ Taylor Swift and Simone Biles in attendance as Green Bay Packers stun the Kansas City Chiefs, 27-19
▼ + stars: | 2023-12-04 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +4 min

CNN —There was some serious star power in Green Bay on Sunday afternoon. Twelve-time Grammy award-winning artist Taylor Swift was in attendance for the Kansas City Chiefs’ 27-19 road defeat against the Green Bay Packers. It was her first appearance at a Chiefs game since October 7, when the reigning Super Bowl champions took down the Los Angeles Chargers, 31-17. Lambeau featured another celebrity power couple in the stadium on Sunday: seven time Olympic gold medalist Simone Biles was in attendance to support her husband, Green Bay safety Jonathan Owens. A Sunday night upsetLove was certainly in the air in every sense in Green Bay on Sunday.

Persons: Taylor Swift, Travis Kelce, Swift, Brittany Mahomes –, Patrick Mahomes –, Kelce, Lambeau, Simone Biles, Jonathan Owens, Owens, Stacy Revere, Biles, Love, Jordan Love, Aaron Rodgers, Mahomes, Jeffrey Phelps, Carrington Valentine, Marques Valdes, Scantling . Valdes, Scantling, Mary Organizations: CNN, Kansas City Chiefs, Green Bay Packers, Kansas City, Lambeau, Chiefs, Super, Los Angeles Chargers, Packers, Getty, NFL, Detroit Lions, AP, Green Bay, New York Giants, Buffalo Bills Locations: Green Bay, Buenos Aires, Argentina, Bay, Green, Kansas City

☆ In Argentina, land of the gaucho, a home for unloved old horses
▼ + stars: | 2023-12-04 | by ( Horacio Soria | ) www.reuters.com time to read: +1 min

REUTERS/Tomas Cuesta Acquire Licensing RightsBUENOS AIRES, Dec 4 (Reuters) - Lorena Melantoni dedicates her weekends running a sanctuary for abused and abandoned horses, an issue in the South American nation known for its polo and stallion-riding gauchos. "I am an option for these old horses, ones with disabilities, amputated horses, or one-eyed horses that nobody wants to take for adoption," Melantoni told Reuters. Located in Buenos Aires province, the "Let's Dream of Hope" refuge provides a place for horses that have no other home, she explained, adding that many had suffered terrible cruelty. And then, I can leave calm and happy and I say: that's it, that made my week." Reporting by Horacio Soria; Writing by Natalia Siniawski, Editing by Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Lorena, Tomas Cuesta, Lorena Melantoni, Melantoni, Horacio Soria, Natalia Siniawski, Nick Zieminski Organizations: REUTERS, Reuters, Thomson Locations: La Plata, Buenos Aires, Argentina, BUENOS AIRES, American

☆ 3 US cities made the list of the world's top 10 most expensive places to live, report says
▼ + stars: | 2023-12-03 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

New York, Los Angeles, and San Francisco all made it into the world's top 10 most expensive cities. AdvertisementThree US cities have made it into the top 10 most expensive cities in the world in the latest Worldwide Cost of Living report from the Economist Intelligence Unit (EIU). Although three US cities made the top 10, on average North American cities fell in the rankings compared to the previous year. The Russian capital finished up 105 places lower in 142nd, while St Petersburg dropped 74 places to 147th. The world's cheapest cities included Damascus, Syria; Tehran, Iran; Buenos Aires, Argentina; and Chennai, India.

Persons: — Organizations: Economist Intelligence, Service, Economist Intelligence Unit, St Locations: New York, Los Angeles, Francisco, Western, . New York, Singapore, Zurich, Switzerland, San Francisco, Beijing, Moscow, St Petersburg, Damascus, Syria, Tehran, Iran, Buenos Aires, Argentina, Chennai, India

☆ EU-Mercosur Deal's Future up to New Argentina Government -Sources
▼ + stars: | 2023-12-02 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +3 min

"Given the transition in Argentina, we are handing the subject to the new government, which has indicated they want a deal," the Brazilian foreign ministry spokesman said. A European official with knowledge of the talks said Argentina was no longer open to finalizing the deal on Mercosur. Argentine negotiators who were due to travel to Brasilia for final push to close the deal canceled their trip, a Brazilian government trade official told Reuters. Officials wanted to wrap up agreements before Argentina's Milei takes office on Dec. 10, as he has criticized the trade deal that took two decades to negotiate. Argentina's incoming foreign minister, Diana Mondino, said it was important to sign the EU-Mercosur accord after she visited Brasilia last Sunday to meet Brazil's foreign minister.

Persons: Anthony Boadle BRASILIA, Javier Milei, Milei, Diana Mondino, Anthony Boadle, Marcela Ayres, Lisandra, Matthew Lewis Organizations: Reuters, European Union, Mercosur, Argentine, EU, Milei, Diplomats Locations: Argentina, Mercosur, Brasilia, American, Brazil, Argentine, Belen, Madrid, Jorgelina, Rosario, Buenos Aires

☆ Fans think Jack Antonoff spilled some scorching tea about Taylor Swift and Joe Alwyn's split
▼ + stars: | 2023-12-02 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

AdvertisementSwifties think Jack Antonoff spilled some tea about Taylor Swift and Joe Alwyn's split. “taylor swift wrote you’re losing me in 2021” pic.twitter.com/zX0NzbvF7c — emma (@emalee731) November 30, 2023Another added: "Sorry, can't talk. Taylor Swift wrote You're Losing Me on December 5, 2021." Taylor Swift wrote You’re Losing Me on December 5, 2021. Following her split with Alwyn, Swift was linked to "The 1975" frontman Matty Healy before spending time with Kelce.

Persons: Taylor Swift, Jack Antonoff, Joe Alwyn, —, Joe Alwyn's, Swift, Travis Kelce, Alwyn, Christopher Polk, taylor, Antonoff, Alwyn —, Alwyn's, Swifties, Jennifer Lawrence, “ taylor, ”, zX0NzbvF7c, emma, @emalee731, — Alex Goldschmidt, @alexandergold, joe alwyn Organizations: Service, NFL, NBC, NBCU, . Pop Base, Entertainment

Persons: Javier Milei, Milei, Diana Mondino, Anthony Boadle, Marcela Ayres, Lisandra, Matthew Lewis Organizations: European Union, Mercosur, Argentine, Reuters, EU, Milei, Diplomats, Thomson Locations: BRASILIA, Argentina, Mercosur, Brasilia, American, Brazil, Argentine, Belen, Madrid, Jorgelina, Rosario, Buenos Aires

☆ Argentina's incoming foreign minister says country will not join BRICS bloc
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: 1 min

BUENOS AIRES, Nov 30 (Reuters) - Argentina's incoming Foreign Minister Diana Mondino says the country will not join the BRICS grouping of developing nations in a post on social media X on Thursday. Argentina was among six countries invited to become new members of the BRICS at a summit held in South Africa in August, part of the grouping's push to reshuffle a Western-dominated world order it sees as outdated. Reporting by Adam Jourdan, Writing by Isabel WoodfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Diana Mondino, Adam Jourdan, Isabel Woodford Organizations: Thomson Locations: BUENOS AIRES, Argentina, South Africa

☆ Argentina's Milei taps ex-central banker Caputo to fix economy in crisis
▼ + stars: | 2023-11-29 | 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

Former governor of Argentina's central bank, Luis Caputo, speaks alongside Economy Minister Nicolas Dujovne during a news conference in Buenos Aires, Argentina May 4, 2018. REUTERS/Marcos Brindicci/File Photo Acquire Licensing RightsBUENOS AIRES, Nov 29 (Reuters) - Argentina President-elect Javier Milei will appoint Luis Caputo as his economy minister, he said in a radio interview on Wednesday in Buenos Aires, after a two-day trip to the United States. "The minister of economy will be Luis Caputo," Milei told Radio La Red, although his office has yet to officially confirm the nomination. This will not be the first time for Caputo, a former Wall Street banker, as a government official. The economist was later appointed as central bank governor in 2018.

Persons: Luis Caputo, Nicolas Dujovne, Marcos Brindicci, Javier Milei, Caputo, Milei, elect's, Mauricio Macri's, Jorgelina, Adam Jourdan, Bernadette Baum, Mark Porter Organizations: REUTERS, Radio La, Monetary Fund, Wall Street, IMF, Thomson Locations: Argentina's, Buenos Aires, Argentina, BUENOS AIRES, United States, dollarizing Argentina, Milei, Washington, Rosario

NXTP/Handout via REUTERS Acquire Licensing RightsMEXICO CITY, Nov 28 (Reuters) - Latin American venture capital firm NXTP has raised $98 million for a fund targeting technology startups largely in Brazil and Mexico, it said on Tuesday. Despite current macroeconomic headwinds, there is an "enormous" opportunity to invest in Latin American startups, said NXTP managing partner Darly Bendo. "We're seeing really low software penetration in Latin America" ranging from small-and-medium-size businesses to large corporations, he said. NXTP is now eyeing opportunities to invest the funds in startups primarily in Brazil, followed by Mexico. "It's an interesting moment to be investing in Latin America," said Busse, who pointed to buy-in from international and institutional investors in the latest fund as proof of increased demand.

Persons: NXTP, Darly Bendo, Alexander Busse, Bendo, Busse, Kylie Madry, Sonali Paul Organizations: Reuters, REUTERS Acquire, MEXICO CITY, Thomson Locations: Buenos Aires, Argentina, Handout, MEXICO, Brazil, Mexico, America

☆ Argentina's Milei to meet Biden aide after lunch with Bill Clinton
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, Nov 27 (Reuters) - Argentina's President-elect Javier Milei will meet with a top security aide to U.S. President Joe Biden in Washington, the White House confirmed on Monday, after the far-right libertarian lunched with former U.S. President Bill Clinton in New York. Upon arriving in the United States, Milei first visited the tomb of a well-known orthodox Jewish rabbi before having lunch with Clinton, according to a statement from the president-elect's office. On Tuesday, Milei will meet with U.S. National Security Adviser Jake Sullivan, while his economic advisers are scheduled to meet with senior U.S. finance officials to discuss the president-elect's economic priorities. Argentina is the IMF's largest debtor nation as it struggles to tame inflation approaching 150%. Milei will take office on Dec. 10 at a time when over two-fifths of Argentina's population is in poverty and a recession looms for South America's second-largest economy.

Persons: Javier Milei, Joe Biden, Bill Clinton, Milei, Luis Caputo, Karina Milei, Clinton, Jake Sullivan, Donald Trump, Jarrett Renshaw, David Lawder, Jorge Otoala, Brendan O'Boyle, David Alire Garcia, Simon Cameron, Moore Organizations: White House, U.S, Democrat, Argentine, U.S . National, International Monetary Fund, Reuters, Thomson Locations: Washington, New York, Milei, New Jersey, United States, Argentina, Buenos Aires

WASHINGTON (AP) — Argentina's right-wing President-elect Javier Milei will meet with President Joe Biden's national security adviser on Tuesday in Washington, according to the White House. National Security Council spokesman John Kirby told reporters on Monday that Milei will meet with White House national security adviser Jake Sullivan and other administration officials. The Treasury Department said in a statement that Milei's economic policy advisers will also meet with senior Treasury Officials on Tuesday. That meeting is expected to focus on the incoming Milei administration's economic policy priorities. Argentina’s president-elect has said he wants to move Argentina’s embassy in Israel from Tel Aviv to Jerusalem, emulating a move made by Trump.

Persons: —, Javier Milei, Joe Biden's, John Kirby, Milei, Jake Sullivan, Biden, Rosalynn Carter, ” Kirby, Donald Trump, Trump, ” Milei, Menachem Mendel Schneerson, Schneerson, he’s, hasn’t, “, Israel, ” ___ Politi, Fatima Hussein, Chris Megerian Organizations: WASHINGTON, House . National Security, White House, Milei, Treasury Department, International Monetary Fund, Lubavitch, Catholic, Israel, Trump, Associated Press Locations: Washington, Georgia, Colorado, Argentina, United States, New York City, Kirby, New York, Queens, Israel, Tel Aviv, Jerusalem, Buenos Aires

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