Thursday
September 18, 2014

New York's Second Circuit Appeals Court has heard the arguments of Citigroup, who seek to overturn a judicial order blocking the payment of Argentine bonds. The court also promised to release its decision 48 hours before the next payment deadline of September 30, although the comments from one of the judges cast doubt on the bank's posture.

The informal rate fell back by 10 cents to close at 15 pesos today, after it breached a new record mark yesterday, at 15.10 pesos. Meanwhile, the US dollar closed a cent higher at 8.44 pesos.

The government reiterated its accusations against vulture funds for this week’s ‘blue’ dollar record climb and slammed national and foreign banks for “fueling” operations in the illegal currency exchange market.

• 'No economic reason for 15-peso dollar' • 'Blue' skyrockets pushed by speculation

Opposition trade union chief Luis Barrionuevo has denied any wrongdoing in connection with his assertions that December would see an explosion in Argentina, as he gave evidence in front of the Mar del Plata Federal Prosecutor.

Aerolíneas Argentinas head Mariano Recalde expressed his “surprise” at American Airlines (AA) decision to restrict sales to and from Buenos Aires City and denied any similar measures by other airlines operating in the country.

• Gov't denounces 'speculative attacks'

The United Nations has unveiled plans for a special mission to combat the worst Ebola epidemic on record in West Africa, as the death toll hit 2,630 and France became the latest Western nation to step up its support.

Following the congressional approval of the anti-hoarding bill, Cabinet Chief Jorge Capitanich praised the reform of the previous legislation and dismissed criticism by industrial groups.

The Lower House has passed a package of anti-hoarding and consumer protection laws after a 14-hour long marathon debate. The government-sponsored bills involve the reform of the supply legislation, create a new price observatory and establish a new conflict-resolution mechanism between consumers and companies.

• Gov't defends law against 'shameless liars' • Kicillof: anti-hoarding will help small firms

Greek police has fired teargas at protesters who hurled petrol bombs and stones in Athens during a rally marking one year since the killing of an anti-fascism rapper by a far-right Golden Dawn supporter.

An attempted armed robbery that took place in August managed to transfix the country yesterday, with social media propelling the video of the incident past the two-million views mark in less than 24 hours, prompting local bike tour companies to defend themselves and their routes.

• Tourist records live robbery attempt in BA City - watch video

US stocks were rising in late morning trading with the S&P 500 hitting a record high a day after the US Federal Reserve renewed its commitment to keeping interest rates low.

Although everyone was all smiles on Tuesday night when governors from oil-producing provinces signed a deal with President Cristina Fernández de Kirchner to reform the country’s hydrocarbons law, the issue is far from resolved. Now the big question is timing.

By Luciana Bertoia

September 18 had begun as a day of hope for Jorge Julio López, who left his house that morning for an early walk before he was scheduled to attend a hearing in the trial against dictatorship repressor Miguel Osvaldo Etchecolatz.

Polls have closed in Scotland for the independence referendum today that will decide the fate of the United Kingdom, after final surveys showed the race was almost too close to call over whether the nation will stay with the 307-year union or back secession.

• Ten fault lines that may break the union

Scots head to polls, vote in independence referendum

 View photo gallery on "Scotland decides."

Scots living in Argentina

Yes or No: Two sides, one shared story

By Damian Pachter

Ukraine President Petro Poroshenko has secured $53 million in assistance from the United States but US President Barack Obama for now turned down his appeals for weapons to fight Russian-backed separatists.

Three car bombs have been detonated in adjacent Shi'ite Baghdad neighbourhoods followed by a dozen mortar rounds, killing at least 23 people and wounding more than 50, security and medical sources said.

The Islamic State (IS) has launched what seems to be a new communicational strategy, announcing a “series of videos” to show “the truth” about the IS. In a footage entitled “Lend me your ears” British journalist John Cantlie -captured by the IS in 2012- delivers a case against “Western media” portrayal of the IS.

• 'IS beheadings, a concern for mankind' • 'US won't fight another ground war in Iraq'

Argentina will face Brazil in the Davis Cup 2015 first round, the International Tennis Federation (ITF) has decided after the general annual meeting held today in Dubai, United Arab Emirates.

Militants connected with radical group Islamic State were planning to behead a member of the public in Australia, Prime Minister Tony Abbott said, after hundreds of police raided homes in a sweeping counter-terrorism operation.

Farewell to a grand dame of the stage, screen

Actors Pepe Soriano, Carlos Perciavalle, Eduardo Blanco, Lito Cruz and Luis Brandoni, and former Uruguayan president José María Sanguinetti, among other personalities, yesterday expressed their grief for the death of China Zorrilla.





British tennis star Andy Murray has come out in support of Scottish independence, just hours before millions of his fellow Scots started to vote in a referendum on whether to end the 307-year union with England.


By Jack Shenker

Something strange is happening in Scotland, and it has little to do with nationalism. On streets that are normally lined only with chain shops, budget shoppers and retail workers, there are now noisy crowds with drums and megaphones, impromptu dancing, and trestle tables stacked with political literature that keep shedding leaflets into the wind.


MARKETS ONLINE

CurrenciesBUYSELL
Dollar (Official price) DOLLAR (Official price) $ 8,380 $ 8,430
Dollar Blue price) DOLLAR ("Blue" price) $ 14,90 $ 15,00
Euro EURO $ 10,900 $ 11,350
Pound POUND $ 13,718 $ 13,808
Indices
Merval MERVAL $ 11.536,290 $ 0,21
Dow Jones DOW JONES $ 17.265,990 $ 0,64
Bovespa BOVESPA $ 58.374,480 $ -1,24
Full MARKET coverage HERE





I am 15, going on 16

Michael Soltys / Senior Editor / Economic Outlook

I am 15, going on 16

Scotland’s dilemma

Ivan Briscoe

Scotland’s dilemma

Still no order at the AFA

Eric Weil / Sportsworld

Still no order at the AFA



• World Trade

‘Argentina needs a modern, competitive national merchant marine law’

• On Sunday

Should auld acquaintance be forgot

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