November 26, 2015

President-elect Mauricio Macri today announced lawmaker Jorge Triaca will be the next Labour Minister while Carlos Melconian will head the Banco Nación and Carlos Regazzoni will lead PAMI public health insurance agency.

While visiting the new laboratories of YPF state-run company located in Berisso President Cristina Fernández de Kirchner urged the future government to “retain” the Argentine scientists who have returned to the country to work on national development.

Rogelio Frigerio, named by president-elect Mauricio Macri to be the next interior Minister, today assured one of his priorities will be to “recover federalism” adding the Interior Ministry “has lost relevance.”

By David Smith
The appointment of Susana Malcorra comes as no surprise to those who have worked with her at the United Nations over the past decade. Malcorra is a superb professional, a no-nonsense manager but also a wise diplomat, focused on achieving results, and winning hearts and minds.

Marcos Peña and Alfonso Prat-Gay are set to become two key leaders in Mauricio Macri’s national administration, according to the near-complete list of Cabinet members disclosed yesterday by the Let’s Change coalition after winning the Sunday runoff election.

offers good wishes

Obama calls Macri

New gov’t rejects rumours

Soy duty relief denied

France and Russia will exchange intelligence on Islamic State and other rebel groups to improve the effectiveness of their aerial bombing campaigns in Syria, French President Francois Hollande said after talks with Vladimir Putin.

The “blue” parallel exchange rate today fell 16 cents in underground houses and was traded at below the 15-peso mark at 14.96 pesos.

By Fermín Koop
Starting December 10, AFIP head Ricardo Echegaray will be replaced by Alberto Abad, who will seek to carry out a new tax amnesty programme as one of his first initiatives to bring foreign currency into the country amid a dollar shortage.

President-elect Mauricio Macri will send a package of economic reforms to Congress during his first week in office, newly designated Finance Minister Alfonso Prat-Gay said yesterday.

Russia sent an advanced missile system to Syria yesterday to protect its jets operating there and pledged its air force would keep flying missions near Turkish air space, sounding a defiant note after Turkey shot down a Russian fighter jet.

European shares hit three-month highs today, rising in thin trade as expectations grew for aggressive European Central Bank (ECB) action next week.

Soccer — Champions League

Di María brace helps PSG rout Malmo 5-0


Messi scores first goals after injury

Pope Francis said today in Kenya, a country that has seen a spate of attacks by Islamist militants, that dialogue between religions in Africa was essential to teach young people that violence in God's name was unjustified.

• Pope in Africa seeks religious reconciliation

If there’s one point president-elect Mauricio Macri has been crystal clear about, it’s that he hates all the rules and restrictions throttling the country’s currency market. On Tuesday, Macri reiterated his pledge to do away with the foreign-exchange controls immediately upon taking office next month.


Dollar (Official price) DOLLAR (Official price) $ 9,640 $ 9,690
Dollar Blue price) DOLLAR ("Blue" price) $ 14,81 $ 14,96
Euro EURO $ 10,600 $ 11,270
Pound POUND $ 14,556 $ 14,632
Merval MERVAL $ 13.165,400 $ 2,45
Dow Jones DOW JONES $ 17.813,390 $ 0,01
Bovespa BOVESPA $ 49.338,410 $ 0,47
Full MARKET coverage HERE

Rundown after runoff

Michael Soltys / Senior Editor

Rundown after runoff

Postcards from Europe

Ivan Briscoe

Postcards from Europe

‘I haven’t seen a more chaotic, braver country than Argentina’

By Luciana Ekdesman

• World Trade

US pushes China to obtain market access

• On Sunday

The Republicans’ xenophobic bidding war

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