By The Daily Mail

Opposition candidate Mauricio Macri won Argentina's presidential election on Sunday marking an end to the often-combative era of President Cristina Fernandez de Kirchner.

Fernandez, along with her late husband, dominated the country's political scene for 12 years and rewrote its social contract.

Ruling party candidate Daniel Scioli, Fernandez's chosen successor, conceded the vote late last night and said he had called Macri to congratulate him on a victory that promises to chart Argentina on a more free market, less state interventionist course.

'Today is a historic day,' said Macri, 56, as he addressed thousands of cheering supporters as horns were heard blaring across Buenos Aires.

'This is the beginning of a new era that has to carry us toward the opportunities we need to grow and progress,' Macri told supporters at his headquarters, which pulsed with Latin music and was festooned with white and sky-blue balloons, the colors of the Argentine flag.

His victory could also see an improvement in relations with Britain as Macri has indicated he will take a less aggressive and confrontational stance over the disputed Falkland Islands.
Before the election he also said he would not be appointing a Falklands Minister and wanted to have good relations with all countries. 

With 98 per cent of the vote counted, Macri had 51.45 per cent support compared to 48.55 per cent for Scioli.

The victory by the business-friendly candidate, who gained a national profile as president of the popular Boca Juniors soccer club, comes after he did better than expected in the first round on October 25.

The close first round forced a runoff with Scioli, the governor of the vast Buenos Aires province.

Macri, the outgoing mayor of Buenos Aires, hails from one of the country's richest families.

On the campaign trail, he sometimes talked about being kidnapped in the early 1990s, an experience he... (Read More)

By BBC

In the future, books about Argentina's economic history in the early 21st Century will have to come with a comprehensive glossary.

South America's second-largest economy has been through so many different economic policies and experiments in the past two decades that a whole new vocabulary has sprung up to explain day-to-day economic transactions.

Buenos Aires' main commercial street, Calle Florida, now has dozens of "little trees" (arbolitos), the name given to black-market traders who buy and sell dollars openly in the streets. They stand around like bushes holding up their green leaves (dollar bills).

Some traders prefer to "make puree" ("hacer puré"), which is to buy dollars from the government and resell them to the "caves" ("cuevas"), the illegal exchange rate shops that deal with "blue" (black-market dollars).

This dynamic jargon is a reflex of a country that has been through a sort of economic rollercoaster ride for the past 15 years.

In 2001, the country had plunged into chaos - politically volatile, financially bankrupt and with violence erupting in the streets. It famously had three different presidents in two weeks.

By the second half of the decade, however, it was one of the fastest-growing economies in the world, on the back of soaring... (Read More)

By Diario Uno

El cine se mete de lleno en el mundo de la vitivinicultura. Es que el Instituto Nacional de Cine y Artes Visuales (INCCA) tendrá una sala cinematográfica en el Instituto Nacional de Vitivinicultura (INV).

La instalación es el resultado de un convenio de cooperación entre los dos organismos nacionales.

 En la sede el INV en Mendoza desde hace tiempo se vienen desarrollando actividades culturales y sociales. La Peatonal del Vino es el ejemplo más claro. En este lugar, justamente, en breve también se brindará... (Read More)

By The Bubble

Last year 90,000 spectators enjoyed the one hundred performances by 400 musicians in six different venues at the Buenos Aires Jazz Festival. As of last night, opened by New York artist, Peter Bernstein, in the Usina del Arte, we have a whole week to be whisked away into the dreamy onda of the greatest jazz musicians in the world. (If you missed Berstein last night, fear not, he is performing again in La Sala De Cámara de la Usina at 7.30PM tonight.)

Launched in 2002, it has attracted hundreds of thousands of visitors over the years, culminating into the greatest festival of its kind in Latin America. Adrian Iaies, the named directed of the annual festival for almost a decade, says that the event “aims not only to provide jazz with a privileged space in the city but also to... (Read More)

By ABC News

Argentina's two presidential candidates on Sunday claimed the other was lying and running from his record during a debate filled with barbs that were clearly aimed at appealing to undecided voters a week before an historic runoff election.

Ruling party candidate Daniel Scioli, the chosen successor of outgoing President Cristina Fernandez, said the economic ideas of opposition candidate Mauricio Macri "were a danger for society" and would "bring Argentina to its knees."

Scioli, the governor of the vast Buenos Aires province, argued that a devaluation of the Argentine peso was inevitable under Macri, as were cuts to popular social welfare programs for the poor and subsidies for everything from gas bills to bus fares.

"Who is going to pay for the huge devaluation?" said Scioli.

Macri, the mayor of Buenos Aires who has run on free-market ideas, countered that the biggest problem facing the country was a government that... (Read More)

By The Bubble

With the close of the 2015 Association of Tennis Professionals season, Argentina is experiencing its first year without a title in 18 years.

Since 1997, there hasn’t been a season when an Argentine player hasn’t won at least one tournament title – the last being in mid-2014 by Leonardo Mayer (currently ranked 35) in Hamburg. Mayer lost to French player Richard Gasquet in the Masters 1000 Series in Paris, the final ATP tournament of the season, ending the hopes of... (Read More)

By The Bubble

Nearly the entire coastal and southern portions of the City of Buenos Aires could be completely underwater by 2100 if greenhouse gas emissions continue at their current rate, according to a report and interactive map published by Climate Central.

If we continue to see a predicted global temperature rise of 4°C (and corresponding sea level rise), between 470 to 760 million people living along the world’s coastlines would... (Read More)

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