presidential tour
Algeria trip lands deals
ALGIERS — Argentina’s president signed deals on civilian nuclear energy with her Algerian counterpart during a visit to Algeria.
Cristina Fernandez says she and President Abdelaziz Bouteflika agreed to “broaden our relations and reinforce our cooperation.”
AP
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moyano admits to recession
Unions want triple severance
Less than a week after downplaying fears of massive layoffs and saying that trade unions would not demand double severance pay, Hugo Moyano — head of the General Labour Confederation (CGT) — yesterday admitted to the existence of recession in the economy and said the organization is working on a...
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Moyano admits recession union to demand triple severance
CGT threatens with triple severance
Yesterday, Moyano used irony to once again go back on his words. “About the demand for a raise before the end of the year, the implementation of which is yet to be defined, we said we had ‘cooled’ it, but we didn’t say it was in the freezer,” Moyano said....
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Companies oppose CGT’s demands
The Argentine Industrial Union (UIA), the General Economic Confederation (CGE) and the Argentine Chamber of Commerce (CAC) yesterday criticized the demands made by the General Labour Confederation (CGT) to cope with the global financial crisis. UIA president Juan Carlos Lascurain said the possibility of implementing a double severance — as...
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‘a new right’
K blasts opposition alliance
The head of the Peronist party, Néstor Kirchner, yesterday criticized the recently created alliance between the two main political parties of the opposition, the Radical Party and the Civic Coalition, which he said were formed by Argentina’s “new right.” “They are the same people that deducted 13 percent from pensioners,...
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Irregularities in procedure
Court annulls Menem’s indictment
The Córdoba province Federal Appeals Court yesterday annulled the indictment of ex-president Carlos Menem and of the former head of the army Martín Balza, by which a court was charging them and other officials with being responsible for the explosion at a military factory in Río Tercero, Córdoba in 1995....
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Solá-led group says Kirchners are political extortionists
22 deputies break away from Ks
guillermo háskel Herald staff Claiming that President Cristina Kirchner and her husband and predecessor Néstor Kirchner are not true Peronists, 22 deputies yesterday announced that they have broken away from the Kirchners with a view to next year’s mid-term elections and 2011 presidential elections. The announcement made at the Congress building was...
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North Africa tour
CFK signs nuclear energy deal with Algeria
President Cristina Fernández de Kirchner yesterday signed deals on civilian nuclear energy with her Algerian counterpart Abdelaziz Bouteflika during her visit to the North African country, saying that “in these times, when paradigms have fallen, it is essential to strengthen” links between developing countries. “Argentina and Algeria can develop a fruitful...
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triple murder and ephedrine probes
De Carli arrested, Espinoza testifies
Businessman Hernán De Carli, allegedly linked with the General Rodríguez triple murder, was detained by the border guard yesterday upon his arrival in Buenos Aires from Uruguay. Meanwhile, Jesús Martínez Espinoza, the alleged leader of a Mexican drug ring, testified before judge Federico Faggionatto Márquez, who is probing the illegal...
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City blames national government for lack of funds
City Legislature starts discussing tax rise plan
herald staff The City Legislature yesterday started discussing the 2009 budget, studying an increase in taxes sought by the administration of City Mayor Mauricio Macri. On Saturday, the Buenos Aires City administration announced it planned to increase the Seals Tax in 2009, extending it to credit card bills (0.6 percent), the...
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Tenaris and petrobras fall
Stocks fall on global recession worries
Stocks retreated yesterday as investors worried about a deepening global recession sold off emerging market assets, while bonds ended three straight sessions of losses. The MerVal benchmark index slid 3.29 percent in light trade to 989.06, extending its losses in November to 2.15 percent as index heavyweights Tenaris and Petrobras fell. Christian...
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