Argentina's conservative PRO party won the Buenos Aires City mayoral runoff on Sunday, clinging to its stronghold for a third consecutive term ahead of presidential elections in October, but by a smaller-than-expected margin. Horacio Rodríguez Larreta won 51.6% of ballots cast while his opponent Martin Lousteau picked up 48.4%. Public opinion polls anticipated a ten points difference.
Capital Economics, a leading macroeconomic research company has announced the imminent opening of an office in New York. The office will be led by the firm’s Chief Emerging Markets Economist, Neil Shearing, who is relocating to the US from London.
Mercosur agreed at the Brasilia summit that in the second half of the year they will address alternatives for the elimination of tariff and other similar barriers that impede the natural flow of trade of goods and services among its members. The initiative was agreed by Common Market Council, CMC, on the first day of deliberations and confirmed on Friday by the presidents of the group's full members.
In what can be considered her last speech before a Mercosur summit, Argentine president Cristina Fernandez, who is stepping down next December, hailed what she called the “magnitude of the importance of integration” in South America with the inclusion of both Venezuela and Bolivia showing the “success and the resounding failure for those who forecasted for years that the Mercosur was going to fail.”
The incumbent candidate for government chief of Buenos Aires City, Horacio Rodriguez Larreta, was at least fifteen points ahead of his challenger in Sunday's runoff, according to the latest public opinion polls before the 48 hours ban on all campaigning.
If they say I committed suicide, look for the murderer. It's not my style, investigate, said ironically Argentine judge Claudio Bonadio when he was asked how he felt after having been removed from the case looking into alleged money laundering and tax elusion in one of Cristina Fernandez de Kirchner family businesses in the hotel industry, Hotesur.
World Jewish Congress (WJC) CEO Robert Singer criticized on Friday a lack of progress in the investigation of the 1994 AMIA bombing, during the twenty first commemorations of the attack on the local Jewish community headquarters in downtown Buenos Aires.
Brazilian President Dilma Rousseff told regional peers on Friday there is no room for anti-democratic adventures in South America, a day after the speaker of Brazil's lower house said he was weighing legal arguments for her impeachment. Speaking to the heads of state of Mercosur, Rousseff said political leaders should strive for dialogue to resolve ideological differences.
UK ambassador in Buenos Aires John Freeman met with Chubut province governor Martin Buzzi in Rawson to work out the agenda of activities scheduled for the end of the month when Wales First Minister Carwyn Jones is expected to arrive for the 150th anniversary celebration of Welsh immigration to Argentina, reports the local media, Diario Jornada.
Only three people silenced Maracana: the Pope, Frank Sinatra and me. The comment belongs to Alcides Ghiggia, Uruguay's last member and striker of the team that beat Brazil in the World Football Cup final of 1950 and thus winning the Jules Rimet Cup. It would be Uruguay's second world cup: the first in 1930 when it beat Argentina.