Flooding on the river coasts and northern Argentina

By Argentine Red Cross The situation worsens as the number of families impacted by the flooding in the north and central parts of the country grows.  The Argentine Red Cross is mobilizing First Aid and Health units to set up health posts in different affected areas. According to Argentine Red Cross estimates, over 25,000 people have been affected by the overflow of the Uruguay and Paraná Rivers.  Argentine Red Cross volunteers and technical teams have been mobilized to the most affected areas Read more [...]

Aguero wants Argentina teammate Messi to join him at City

Sergio Aguero wants Argentina team-mate Lionel Messi to join him at Manchester City - but he admits a move is "difficult". In October, Sky Sports' Spanish football expert Guillem Balague revealed the 28-year-old Barcelona forward was the closest he had ever been to leaving the club and could be open to a move away from the Camp Nou in the near future.  Balague also said City were attempting to lure Messi to Manchester and Aguero has now had his say on a potential move for his compatriot. Read more [...]

Telecom Argentina SA (TEO) Receives Sell Rating from JPMorgan Chase & Co.

JPMorgan Chase Co. reiterated their sell rating on shares of Telecom Argentina SA (NYSE:TEO) in a research note released on Tuesday, Marketbeat reports. Several other research firms have also commented on TEO. TheStreet upgraded shares of Telecom Argentina SA from a hold rating to a buy rating in a research note on Thursday, September 17th. Goldman Sachs upgraded shares of Telecom Argentina SA from a sell rating to a neutral rating in a research note on Monday, November 23rd. Santander upgraded Read more [...]

Solenn Heussaff and Nico Bolzico get married in Argentina?

December 30 2015 .st_icon_fade_in { background:url("/assets/images/share-sprite.png"); height: 49px; width: 50px; background-position: -8px -68px; overflow: hidden; } .st_twitter_custom { background:url("/assets/images/share-sprite.png"); cursor: pointer; background-position: 391px -14px; overflow: hidden; } .st_twitter_custom > .st_icon_fade_in { background:url("/assets/images/share-sprite.png"); height: 49px; width: 50px; background-position: Read more [...]

Sentences of up to 9 yrs for deadly Argentina railroad crash

Ampliar Hundreds of relatives of the victims of the Once train crash protest outside a Buenos Aires courthouse. EFE Buenos Aires, Dec 29 (EFE).- An Argentine court on Tuesday handed down prison sentences of up to nine years for those charged in the 2012 train accident in Buenos Aires that killed 51 people and injured more than 700. Former federal transportation secretaries Ricardo Jaime, who served from 2003-2008, Read more [...]

Argentina cuts taxes on new cars in bid to boost auto production

LIMA Dec 29 Argentina's new center-right government is cutting excise taxes on new cars in a bid to bolster local automaking, the country's production minister said on Tuesday.The government of Mauricio Macri will analyze the impacts of the lowered taxes after six months and modify them as needed, Production Minister Francisco Cabrera said.A tax on cars that cost more than 350,000 pesos ($27,000) will fall to 10 percent from 30 percent while a tax on luxury vehicles that cost more than 800,000 Read more [...]

Ex-ministers jailed over Argentina crash

Image copyrightReuters Image caption Relatives of the victims gathered outside the courthouse in Buenos Aires to call for justice A court in Buenos Aires has given jail sentences to two former Argentine transport ministers for a train crash which killed 51 people in 2012. Ricardo Jaime and Pablo Schiavi were given six- and eight-year sentences for negligence. The accident, which injured 789 people, happened when a morning rush hour Read more [...]

Democracy makes for a good year in Latin America

People freely chose to change the political direction NEW YORK — Latin America does not have a lot of reasons to be cheerful about the year coming to an end. The end of the commodity boom has hit LatAm economies hard. Everywhere in the region, presidents are battling high disapproval ratings. Social discontent is growing. But despite the bleak outlook, 2015 is ending on a high note for democracy in Latin America. The presidential elections in Argentina and Guatemala and the recent legislative Read more [...]

In 2016, a tough row to hoe on the farm

A strong dollar, China's slowdown, political upheaval in Latin America and a global grain glut will all combine to make 2016 another challenging year for the American farmer. For 2015, the U.S. Department of Agriculture forecasts farm income will drop 38 percent to $55.9 billion, the lowest in a decade.This agriculture sector contraction comes after years of robust expansion. According to the USDA, net farm income went from just over $50 billion in 2000 to close to $130 billion Read more [...]