The Republican Party has retained its majority in the US House of Representatives, projections suggest early Wednesday. The TV networks ABC and NBC both projected a Republican majority in the 435-seat chamber, which the party has controlled since 2010.
Under the administration of president Mauricio Macri, the relation between Argentina and the US has entered a new dynamic phase and somehow those close links could be affected if the Republican candidate wins on Tuesday, said foreign minister Susana Malcorra.
A majority of South American presidents would prefer to see former Secretary of State Hillary Clinton at the White House, while a few believe whoever wins will make not much of a difference for the continent. Nevertheless be it Hillary or Trump there is mostly respect for US institutions.
Analysts estimate Clinton would continue the bilateral relationship, while Trump is a mystery that would halt trade and investment worldwide
María Eugenia Vidal, governor of the province of Buenos Aires, reached an agreement with the World Bank for a 380-million-dollars loan to finance infrastructure works that would be beneficial to more than sixty municipalities. Bidding to start in March.
Buenos Aires' Ezeiza International Airport was shortlisted by the Department of Homeland Security of the United States along with ten other terminals in the world to be of “assessed preference” in the preclearance program.
The Electoral Observation Mission of the Organization of American States (EOM/OAS) to the United States has completed the deployment of its observers and experts ahead of the General Elections that will be held next Tuesday, November 8th. On November 9th, the day after the election, the Chief of the OAS Mission will present a preliminary report.
Hillary Clinton leads Donald Trump, 46%-42% natiowide, with data updated Thursday to include two new national surveys taken after Friday's revelation that the FBI would review new emails to assess The Decmocrate candidate's handling of classified material at the State Department.
Central Bank governor and finance ministry are in the process of adjusting their economic policy should the Republican candidate be elected. Mexican Central Bank governor Agustín Carstens, notorious for having stated that a victory for Donald Trump would hit his country like a hurricane, admitted Thursday he is readying a contingency plan for an “adverse” election result in the United States' presidential elections.
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By Kenneth Rogoff
Markets nowadays are fixated on how high the US Federal Reserve will raise interest rates in the next 12 months. This is dangerously shortsighted: the real concern ought to be how far it could cut rates in the next deep recession. Given that the Fed may struggle just to get its base interest rate up to 2% over the coming year, there will be very little room to cut if a recession hits.