RIO DE JANEIRO (AP) — Argentina's president-elect Mauricio Macri is visiting Brazil on his first international trip after winning last month's vote.In a short meeting with Brazilian President Dilma Rousseff in Brasilia, Macri called for tighter commercial relations between the two neighbors that have been at odds over trade barriers."Both countries are suffering from a recession. We want to strengthen our trade relations," Macri told reporters after the meeting. "If Read more [...]

Argentina has a bumpy road ahead. The package of economic reforms that business-friendly President-elect Mauricio Macri is preparing could increase societal tensions by stalling the social gains made under outgoing leftist President Cristina Fernández de Kirchner. But despite the likelihood of short-term hardship, Macri’s market-oriented strategy is needed to kick-start an imploding economy, business leaders and analysts say. The current model, based on so-called heterodox or neo-Keynesian Read more [...]

Shares of Telecom Argentina Stet – France Telecom S.A. (NYSE:TEO) have been handed a $19.21 price target according to the Thomson Reuters consensus. This is the mean estimate based on the brokerage analysts polled by First Call. This is according to the latest research reports available where analysts provide one year price objectives. These same analysts are expecting that the company will report earnings of $0.43 per share next quarter and $2.17 for the current year. Technical Levels Read more [...]

BUENOS AIRES The Argentine Football Association’s (AFA) bid to hold a democratic election for the first time in 36 years ended in farce on Thursday when organisers discovered an extra vote among the 75 cast by the assembly.The vote between interim AFA president Luis Segura and entrepreneur and television personality Marcelo Tinelli was postponed with no new date set after organisers found an extra ballot had been cast for a 38-38 tie.The scuppered vote is another embarrassment for football in Read more [...]

Raipur: Belgium’s Red Lions have set up a semi-final meeting against host nation India thanks to a 2-1 win over Argentina in the quarter-finals of the Hero Hockey World League Final 2015 in Raipur.Alexandre hendrickx gave Belgium the lead with a low, powerful penalty corner effort in the 22nd minute, before Sebastien Dockier added a second three minutes before the half time break, forcing the ball home following a goal-mouth scramble. A defensive error from Loick Luypaert was punished by Argentina’s Read more [...]

The drama never ends for Argentina, land of failed expectations and the setting for a great Broadway musical. Next week, a new leading man steps into the role of president with a chance to fix the broken economy and set a positive example for South American democracy. Mauricio Macri is an outsider, which in Argentina means he isn't a Peronist, the dominant political force for ages ("Evita" was the celebrated Eva Peron). If Macri turns out to be the least theatrical political figure ever, that would Read more [...]

During the campaign, President-elect Mauricio Macri winked an eye to Peronists when he unveiled a statue honoring Argentina’s most iconic populist. (Perfil) EspañolSome 51.4 percent of Argentineans — myself included — recently elected Mauricio Macri, Buenos Aires mayor and former businessman, as president. To be honest, however, we didn’t know what we were choosing. We even voted for him without being convinced that he was a good choice. He was just the only alternative to put an end to Read more [...]

When the election on November 22nd switched political powers in Argentina, there was a knee jerk speculative reaction the world would be soon flooded with soybeans. But it was a quick sell the rumor and buy the fact. The fact being the new power in Argentina will not take over until December 10 and more importantly, the simple logistics of moving grain out of Argentina will not happen overnight. Who in their right mind could imagine ocean going grain freighters would be sitting in Read more [...]

Settlement would be key for country to regain access to foreign capital markets A deal with the so-called “vulture” funds could be reached next year, president-elect Mauricio Macri said yesterday. Asked if a settlement was possible with the minority of US creditors that did not accept Argentina’s debt-restructuring offers in 2005 and 2010 and are suing the country for a bigger payday, Macri told Reuters: “Yes, of course.” A deal would allow Argentina, which has been mostly excluded from Read more [...]

Destiny Mateo New Britain’s Destiny Mateo celebrates her latest international achievement. Read more [...]