one of the things macri did was remove capital controls. that is something regular argentines, business owners, and investors care strongly about. that was one piece of the iceberg. deteriorating variables, high inflation, unemployment have certainly been weighing on the mood. argentines finally said that mattered more to them, than being able to take their money out of the country. what are the things that the regular argentinian who voted for fernandez are anticipating post october, if that is the way the election goes? carolina: one thing that they may expect from his type of presidency would be a return to government spending. backtina had to cut significantly to comply with the rules of our record alone with the international monetary fund. that has left us with some austerity measures that have weighed on argentines, including some in the poorest sectors of the economy. they will expect the government will be larger, they will expect a big government to continue to subsidize things such as transport, utility, and to make the day to da

have you written off macri?ng to lose and does alberto fernandez now have to prove he is not the worst case scenario? >> i think it is very difficult for macri to go ahead. there's not much you can do. he is constrained by the austerity program so there is no spending. there's not much momentum that can really gap that 15, 16% differential. joe: the argentine peso got slammed again today. didn'tez came out and he say that much but he didn't go out of his way to make the markets feel-good. is there a danger between here to provide some stability? siobhan: i think mockery, as -- i think macri, as the head of state, they should manage the financial stress as well as they can. the problem with fernandez as we are not looking to the macri administration, we are now looking at the fernandez administration he had some of his advisors have ruled out worst-case scenarios. but that is not enough. we need fiscal austerity, labor reform, pension retort -- pension reform, all the contexts. it is not sufficient to rule out th

no quick fix.s macri made a lot of improvements that he might not get credit for.rogram gote imf off to a good start. currency looked better, inflation numbers looked better, and the market was assuming that would lead to gains for macri in this election. that is why you got, in an illiquid market, a shocked reaction. caroline: fernandez, if he wins, reaction?e james: he needs to come out and give some soothing signals to the market. if you are thinking of buying and selling, take a look at incentives. there is no incentive for fernandez to stoke the fires of the market, tell them it is all macri's fault. he needs to come in, meet with his advisor, go from there. there is certainly some flexibility on the part of the imf. they don't want to see thing go any farther south than they have. ive to getn incent things moving, get things stabilized. if you think the sort of calculus on the likely part of the next president is to tamp things down -- crazy here is a statistic. agreement,f argentine debt is covered through 2020. you have bonds the yield the -- bonds a year b

what is it about macri s policies -- about macri's policies that people don't like?hat have people turned their back on? curious to whyf his term in office so far has not been as successful. carolina: you have to look at the data. it is showing that the economy is really hurting for the average argentine, not to mention companies. argentines are hurting. is up, unemployment is up, and the peso is weakening and weakening. rememberhave to that for argentines who have , it is a key gauge of the economy. the central bank hiked key rates to the highest in the world. they've now come down, but for small businesses and for consumers, taking out credit is harder than it's been in the long -- in a long time. all of these have weighed on the sentiment. to carolinathanks millan of bloomberg news. for our continuing coverage of argentina, check out our live blog. this is bloomberg. ♪ ♪ youre: it's time for latest bloomberg business flash, a look at some of the biggest business stories in the news right now. facebook is taking part in a 101 $5 million funding round -- and a $125

ri still have a >> president macri said he does chance.ll do everything he can to reverse the outcome. all theif you add up votes non-left third party candidates, they don't make up for that 15% margin. treating this as a conclusion. alberto fernandez is inevitably almost like a president-elect. the next two and a half months will prove volatile. reaction that we extremely rapid depreciation of peso, argentine assets plunging, all of the feeding into greater inflation, volatility.ncial all that makes it actually more president macri to win reelection. he hoped more positive economic monthsors in recent would turn things around for him. the 2018 currency crises. he inherited a very difficult from the pastok government. there wasn't enough time to turn thing around. didn't listen to his message about fear of a return past. was running ashe vice president, that argentines be choosing a past that represents the past associated with corruption scandals. all this to say, voters went with their pocketbooks. monthst two and a half will be volatile

and macri has said look what markets are doing right now. that is all a reflection of what people think you represent. so it is very much the blame game going on at the moment. said hes has already does not want to default on the bonds. yes, who would? but the market is seeing it very definitely now. about 75%s talking probability of a default over the next five years. according to credit default swap. matt: one of the things i was talking about with colic this morning is how likely is it that market pricing changes the outcome of an election? we have seen these kind of things before. for example in turkey, when the leader dropped out of control, or rose in relation to the dollar. when the lira dropped out of control arose in relation to the dollar. it did not seem like that affected erdogan in his situation. can we expect voters minds not to change and argentina either? >> you brought a very good point. of course we see all these numbers and they look very ugly. but again, people on the ground are not as aware of what goes on in the stock e

tom: was this a vote against macri or against madame lagarde? of both. clearly the imf package, the biggest ever credit line, clearly they were banking on a macri victory. the high interest rate and the inability to turn the economy around, argentines could not results pain, and the are very clear to see. francine: what does this all mean for peso and inflation? not open for does about three hours, but we are expecting carnage, essentially. it is unclear how the central bank can stop the selloff. it does have firepower, but we macrixpecting works for expecting a loss for macri, but nothing like this. markets are already tanking at the opening in europe. it is unclear how the central bank can stop anything. when the peso slides, that is even worse for inflation, already running at 56%. francine: thank you so much. jonathan gilbert their from our point is aries -- from our buenos aires studios. neil dwane of allianz global investors still with us. we don't really know what the economic plan of mr. fernandez is, but how would you read it? neil: it

so by the end of the year the leftists are likely to oust mr macri. that is daniel gallas.et's brief you on some other business stories. the uk is "first in line" for a trade deal with the us, president trump's national security adviserjohn bolton says. his comments came after meeting prime minister borisjohnson. according to mr bolton, deals could be done on a "sector—by—sector" basis, with an agreement on manufacturing being agreed first. that is something we have discussed in quitea that is something we have discussed in quite a bit of detail earlier in the programme. hong kong's main airport remains the focal point of pro—democracy demonstrations. that's as authorities say operations have resumed this morning. yesterday afternoon all passenger flights were cancelled as thousands of protesters converged on terminals. the flying car, it's been the pipedream of inventors for more than a century, but none has ever made it onto the market. could that be about to change? let's take a look at some of the latest and most promising developments. along a highway, the flying car m

i think people were expecting macri and fernandez to get into a run-up situation. now he may be looking at a straight outright victory, which is a real change in expectations. there was a really interesting bloomberg news story about how this is another election pollsters have gotten wrong. are we reaching a port where you can't necessarily predict to the outcome? we just don't know how this is going to play out. nejra: if we do see an ugly monday for argentine assets, is this actually a possibility that it could change the way voters vote, and doesn't necessarily we will see a loss for macri? would be onet possibility, but at least in the short term, the main concern for investors and voters in general would be how much damage is there going to be in argentine markets, and especially at a time this year, the summertime, liquidity is not that great, so it is a dangerous time for big moves in markets, especially for argentina. we will see how that impacts things moving forward. nejra: the imf -- david: the imf -- came in with a big loan target. at appears that did n

the president, mauricio macri and the finance minister, promised to come market start by stabilisingstart by stabilising the currency —— calm. but what the government is saying and what the opposition is saying is different. they say that mauricio macri will be gone —— that the finance minister will be gone by the end of the year. right now there is not a lot the finance minister can do because investors are panicking. what most a nalysts a re investors are panicking. what most analysts are saying is that from now until october, argentina can brace itself for a lot of volatility and a lot of uncertainty. before we go, a quick look at the market... equity is fairly flat in asia on wednesday. investors taking a step back after recent gains. fresh worries about a global recession meant investors dumped risky assets. jerome powell is due to make an announcement at the end of the week. i needed left to market with few catalysts ticking things on ci’oss. with few catalysts ticking things on cross. ignore the 0%, i do not know why that has come up. thousands of homeless children are growing

macri says that he will come back. is that likely? be concerned about what happens to the economy if mr. fernandez becomes president. >> he will try, he will make the effort and launch into a negative campaign. telling the voters, if you vote or the sky, the markets will tank. promising into office to improve people's economic lives, reduce poverty, inflation. none of that has happened and the voters are blaming him for the economy. if the economy gets worse, they would blame macri more, and this reduces his chances. it is hard for me to see it work. david: we heard from mr. fernandez said yesterday i have no intent to default. the markets are pricing that in pretty quickly. in the not too far distant past, argentina has defaulted. wouldance vista fernandez change the policies even from his own running mate? markets and investors are underestimating how pragmatic fernandez is. there is thinking of him and his running mate, serial defaulters, where they are not. they fear default. they do have more of an and aretionist bend, fearful of

south america, as argentine stock market and currency plunged after conservative president mauricio macri6allas has the details. monday's market meltdown in argentina is likely to have many repercussions in the region. the government tried to intervene in currency markets but there was no way to avert one of the worst days in the history of argentina's stock market. what primary election results suggest is that voters in argentina are rejecting the pro—business market reforms implemented by mr macri and his deal with the imf, to implement austerity cuts and end capital controls in argentina. in fact, what these results suggest is that voters want the return of the left—wing politicians who think argentina must ditch austerity and spend its way out of crisis. a lot of market investors believe that is the wrong way forward and that's why they've been selling their assets on monday. there were also ripple effects on neighbouring countries like brazil, that saw a drop in its stock market as well. argentina will hold elections only two months from now but the lead established by the opposition

they will say macri would be ,osing by three to six points wider margin.much it is unlikely macri canm this. a pole. having -- election is happening october 27. got 47.rto fernandez is theif they think he next president of argentina, do they know what they should be expecting? the markete take reaction today, they do not like what they are seeing. the correction may have been historic rate i never saw a currency falling 25%. gap. is a credibility what happens in the next 2.5 months of the big questions. it seems like they are comfortable in this situation where may be a little bit of chaos can help them. that is a dangerous game. .e could be in a full on crisis of chaos.ttle bit superlatives abounds. the benchmark seven-day rate in isentina now 74.7% astonishing. the result if fernandez becomes president? pablo: that is another great .uestion in the past fernandez said he would -- remember this is a record bailout argentina received under macri last year. $56 billion that needs to be repaid in 2021. fernandez wants to renegotiate that. -- it will be -- we need to see what happens in t

macri, all of this is your fault.ecause they don't trust what you are doing so go and fix it. that is the kind of deadlock we are in now. it is a very difficult situation for argentina as we head toward the october presidential election. matt: are you hearing about investors who say the 100 year bond has fallen to $.55 on the dollar, for the drop in the peso is so severe -- i've got a chart of the peso dropped which goes up when it loses value because these are how many pesos a dollar can buy, that the peso drop is so severe i will go in and try to buy these distressed assets? come i yes, that will suppose if the market continues to sell off. if you get to $.30 on the dollar, i was looking at bonds a moment ago and it looks like they are rising a little bit today so that suggests maybe the market thinks this is fully priced in. it has had its chance to reflect on the negativity of the election results and now maybe people will see this is a chance to pick up something cheap. it is a dangerous game because we are still

macri going out of office? marty: because they are very protectionist, and everybody is heading for the exits. taylor: i spoke to damian who covers aerday, lot of the emerging markets, and asking him what gauge measures the risk the most. what in your area you are researching has investors nervous the most? sarah: i would say cds. you just saw the spike on the screen. traders are pricing in about a 75% chance of a fault, up from about 5050 at the end of last week. you add it all up, you look at the decline we saw yesterday, 48% in dollar terms. that's the second word decline -- that's the second largest world default. david: we've seen argentina default in the not-too-distant past. mr. macri was trying to accommodate the imf. what happens next? marty: there's this hope that somehow macri, and he himself , but itill will win is unlikely. so you will get the imf to come in. you will see negotiations and the threat of default, and ultimately you may see that, some sort of default of argentine bonds yet again. -- t

for investors, they believe that mr macri has lost the election.rom now, they already pricing in his defeat. that is the situation in argentina. let's go back to hong kong, where the chief executive carrie lam says the chief executive carrie lam says the unrest, all those protests, is causing more damage than the financial crisis in 2008. but, are authorities spinning the protests to argue their case? have a look at this tweet from the social news network rappler. let's find out more with bbc business reporter leisha santorelli. how much truth is there that the protests are as financially damaging as the crisis ten years ago? carrie lam... that was strong language, and similarto lam... that was strong language, and similar to the very struggling which we are seeing the chinese authorities in beijing take over the protest as well, and it seems to be a ploy to take over from the protesters. there is only so long these type of protest will continue. in terms of the numbers, is it too early? is it too early to work out how much financially they are dis

and ppetite declined finally macri had to find for a asking the i.m.f. record loan.ous, why reform have the economic impact, particularly when he was sort of swept into that the this idea policies of his predecessor and and their protectionist policies didn't exactly have the economic impact that they promised. a little bit confused as to voting ple are actually for in this election? >> to answer your question, the macri chose to tackle reforms,he longer term he government described it as by stepgradualism, step and they would cut government spending. it got to a point where that was sustainable byas the markets. the argentines are voting for a overnment that is looking to reconstruct the relationships with foreign leaders around the world. hosted the g-20 last year. government a slew of leaders from around the world. hey're also voting for more transparency in discussions. rgentina has been seen as very polarized and the government had dealing with n businesses and with dealing with criticism to government. had a difficult relationship with the media. been the ot re

your take on this move by macri. justin: the timing was quite surprising.one knew things were extremely bad in argentina. they were burning through preserves quickly, having increased difficulty in rolling over short-term debt. i don't think anybody thought this would happen quite so soon. maybe what tipped the scales finally was the extraordinarily low level of their ability to roll over the debt. they thought with the real election coming up, macri thought, i had better act sooner rather than later. i think he is widely considered a lame-duck president, so it is perhaps a final throw of the dice. nejra:nejra: what sort of response might we get from the imf to all this? justin: the imf said they are already looking at it. it is interesting that imf officials have been in buenos aires for the fifth review as agreement theyan have with argentina. i would be interested to know if they were aware that this was coming at all. if they did not, then we don't know quite how they are going to see it. it probably is a form of pragmatism, but i suppose with the benef

hek what macri did, suspended the vat tax.re things that don't bode well with austerity measures. they are justified in obviously taking a little breather here. this will go a long way toward meeting with the fernandez team as well as mauricio macri. the verdict is still out. tok, fernandez holds true some of those things he has discussing, it could be painful for predators. romaine: is there a potential for sort of a bond vigilante impact to get government to move in a little bit different direction? >> the imf was very firm with how they handled argentina coming out of it. i know you mentioned nigeria. other countries like nigeria, frontiera, these are markets. investors to come in, clipped those high coupon yields. controls in no place to prevent them. i think fernandez and his team have a very good point. you need to generate long-term sustainable growth and long-term investment opportunities and that is not what is happening right now locally on the ground. caroline: quick check on the business flash headlines. looking on

fÉlix: el actual mandatario mauricio macri y alberto fernÁndez tienen un estrecho margen.alud. las mujercitas olvidaron sus enfermedades y cambiando sus batas por vestidos como nos muestra alberto garcÍa. reporteros todos en la primera vez que se maquilla. es una niÑa que pasarÁ a hacer mujer. >> bailar, aÚn no sÉ con quién. reportero: forma parte de las 15 quinceaÑeras que celebraron su cumpleaÑos en un hospital pÚblico. reportero: despuÉs de cumplir uno de sus sueÑos desea viajar por el mundo. lorena hace tres aÑos que tiene detectado un tipo de cÁncer que le provocÓ que le amputaron una pierna. estefanÍa naciÓ con vih, ya sueÑa con ser enfermera o mÉdico veterinaria. >> le dijeron que tal vez no podÍa pasar la noche aquí. reporteros todos celebraron con una misa en el auditorio. >> no tomen mucho. reportero: fue un gran momento para las quinceaÑeras. de la ciudad de mÉxico alberto garcÍa como univisiÓn. --garcÍa, univisiÓn. fÉlix: al regresar el manchester united gano. [música] (voz) esta es lucía... ...escuchando su música favorita: salsa... merengue... reguetón... hip

now you may remember monday's market meltdown in argentina, after the country's president mauricio macribuenos aires today mr macri announced a package of measures designed to ease argentina's economic crisis and woo back voters. it includes salary hikes, tax cuts and a 90—day freeze on petrol prices. speaking to us from buenos airesjimena blanco — analyst with the global risk consultancy verisk maplecroft — gave us her verdict on mr macri's measures. if you look at the measures, they are trying to address two things. the first one is the crisis and purchase of power, which began in april 2018. but the measures will only alleviate that hit the consumers suffered earlier this week, when it depreciated over 20%. so, i really it's not going to change dramatically people spending abilities. and without that, in the market won't believe he's able to turn around the election, which is causing the other crisis, which is confidence crisis whether argentina could meet its debt obligations going into 2020. the measures he announced so far he presented as being a break even measure, which balls and

centroizquierdista, fernÁndez, presuntamente por el postulante mÁs votado, seguido por el presidente macripuÉs de haber llegado al paÍs. >> el pueblo entero los esperaba para darles el Último adiÓs. el dolor para la seÑora rodrÍguez al encontrarse cara a cara con sus dos nietos sin vida, fue devastador. >> sentimos su dolor. quisiÉramos abrazarla y gritar con ella. a veces nos hacemos fuertes para que no se sienta tan mal. >> los cuerpos de los niÑos de 11 y cinco aÑos, llegaron primero que el de su madre quien serÁ repatriada posteriormente. la madre y sus hijos salieron en febrero de este aÑo hacia estados unidos en busca de un futuro mejor. >> mal agradecido. nada mÁs. nunca me imagine esto. jamÁs. >> 16 de julio el hombre reportÓ que los cuerpos yacÍan sin vida en su casa. enfrenta cargos por delito de asesinato en primer grado. >> esto que estamos pasando es algo muy duro. >> hasta abuela sÓlo le quedaran sus recuerdos.al llegar el cuerpo de la madre, este pueblo sepultara a los tres el dÍa de maÑana. hasta aquÍ el reporte. >> pasamos con nuestro meteorÓlogo fÉlix. >> vamos a conocer

cuerpos de grecia, el parado de once aÑos de edad y ever mejÍa de cinco llegaron primero que el de su macri de un futuro mejor se alojaron en a iowa, en casa de marvin orellana guatemalteco a quien rosa betis le diÓ posada aÑos atrÁs y este pueblo. nunca me imÁgenes. >> jamÁs jamas. en imÁgenes. >> el diecisÉis de julio, el propio oriana reportÓ que el cuerpo de rossibeth y sus hijos se hacÍan sin vida en su casa. hoy estÁ en prisiÓn y enfrenta un juicio por el delito de asesinato en primer grado. justicia, esto, porque esto que estamos pasando eh es algo muy duro. en. quÉ daÑos que pueden ya me entiende a apoyarlas en esta parte. a esta abuela y madre ahora sÓlo le quedarÁn los recuerdos. >> lo que no quedan conmigo que como amaban esta huelga. y era la buena, no que su mamÁ. y como amaba y a muchas chicas. >> al llegar el cuerpo de rossi p en medio de la tristeza y el dolor, este pueblo sepultar a los tres el dÍa de maÑana. el copago duras claudia mendoza, univisiÓn. en mÁs de latinoamÉrica, la administraciÓn trump incorporo a mÉxico a la lista negra de paÍses que considera no estÁn hacie

results suggest our voters in argentina are rejecting the pro—business market reforms implemented by mr macril with the imf that was to implement austerity cuts and end capital controls in argentina. in fact, what these results suggest our voters wa nt these results suggest our voters want the return of the left—wing politicians who think argentina must itch austerity and spend its way out of crisis and a lot of market investors believe that's the wrong way forward and that's why they sold their assets on monday. a new way with doing business with huawei sta rts with doing business with huawei starts this week. wants the new rule? this new rule was mandated by congress in america and it bounced the us government agencies from buying products from five chinese companies because of security concerns “— companies because of security concerns —— what's —— band. it will also affect a couple of other companies. this is separate from the troubles huawei faces from the commerce department. remember, it the company on its so—called entity list in may, which bans american companies from buying from for

stem a collapse in the currency since the 11 august primary election, which saw president mauricio macriival alberto fernandez. australia's qantas airways says annual profit fell i7% last year, worse than investors were expecting. it's been hit by the weakest australian economy since the global financial crisis a decade ago, coupled with higher fuel costs. people may have to give up private cars if the uk is to meet its climate change targets, according to members of parliament. a report by the science and technology select committee says sufficient emissions cuts can't be made by swapping to cleaner cars — and that widespread personal vehicle ownership does not appear to be compatible with significant decarbonisation. and now, what's trending in the business news this morning? wired has an in—depth investigation on what it calls ‘three years of misery inside google'. sexual harassment. hate speech. employee walkouts. it describes the tech giant as trapped in a war against itself. and there's no end in sight. bloomberg dives into the details in the us sanctions—busting case against the h

centroizquierda alberto fernÁndez con el cuartil 7% de los votos -- 47% de los votos mientras que el neoliberal macrie dieron accidente que aÚn estÁ bajo investigaciÓn. fÉlix: una identificaciÓn se vendiÓ en 5.6 millones de dÓlares, el dinero se destinarÍa para apoyar a los deportistas olÍmpicos. arantxa: de lÍder espiritual de la iglesia de la luz del mundo logrÓ reunir a 150,000 jóvenes de su congregaciÓn de los 58 paÍses. el llamado apÓstol de dios aÚn cuenta con todo el apoyo de sus fieles. reporter: keyla no dudÓ en ir a mÉxico antes de conocer la noticia, pero luego de conocerla mÁs decidiÓ venir. llora Él es un hombre honorable y honesto. reportera: ellas uno de los jÓvenes que participaron en la caminata desde el centro de la ciudad a la glorieta minerva como parte de las actividades de esta iglesia cristiana. en esta ocasiÓn habÍa mucho temor por los cientos de ataques sufridos contra los creyentes desde que en junio fue acusado su lÍder de 26 delitos graves, entre ellos pornografÍa infantil. >> en phoenix a nuestros hermanos les arrojaron un carro y otros hermanos fueron heridos. >> hay que

militares podrÍa aguantar hasta 29.000 libras tras la derrota en las primarias presidenciales mauricio macriregreso de cristina fernÁndez como vicepresidente y gracias a las millas acumuladas >>podrÍa llamarse una hazaÑa lo que hizo este abuelo al hacer realidad toda su familia con un viaje regalado la foto tambiÉn del red orto luego de acumular suficientes millas de viajero frecuente. >acumulÓ mÁs de 1 millÓn de millas lo que le permitiÓ llevar a los 33 miembros de su familia a hawai donde celebraron cumpleaÑos y otros acontecimientos familiares todo en el mismo viaje. este super abuelo generoso lidiÓ con un cÁncer esperemos que este alejandra: muy buenos dÍas, martes 13 de agosto. bienvenidos a "despierta Área de la bahÍa". gloria: buenos dÍas a todos que nos ven en casa martes dÍa favorito de la semana. listos para toda la informaciÓn. consejos para el bienestar de tu familia y el tuyo. alejandra: fuertemente criticada en las redes por publicar un vÍdeo en el que maltrata a su perro. en momentos te diremos lo que pasÓ. gloria: no te asustes si ves otros automÓviles entregando paquetes de

different policy and programs and innovations to serve the entrepreneurial market because president macriis entrepreneurs that can save argentina. emily: what happens if these policies do not remain in place or if they are upset as well? lisa: what we need right now is policy continuity, in order to avoid a macroeconomic crisis. we are all hoping that the current administration does stay on course and we do remain a country that is looking toward being part of the global capital market. if that doesn't happen, it's going to be a big challenge for argentina, for the future of its economy. we could be potentially facing another crisis like what happened in 2001, and it will not just be an economic crisis, it will be a cultural crisis. emily: talk about the kind of startups and companies that have thrived there thus far. you have an emerging fintech, ag tech sector, crypto as well. tell us more. lisa: anybody can tell you that finteching industry and industry with the centralized government in argentina is challenging. there have been successful fintech startups that have emerged from the re

avoid default and stabilise the national currency, which has been plummeting since president mauricio macrily, lost in a primary presidential election the samsung group will learn the fate of its leaderjay y lee later, as south korea's supreme court rules on whether to uphold his bribery conviction. mr lee, who is the grandson and heir of the group's founder, was sentenced in 2017 to five years imprisonment for bribing a friend of former president park geun—hye, but was released after a year following an appeal. us treasury secretary steven mnuchin says the us does not intend to intervene in currency markets to weaken the dollar, at least for the moment. mnuchin told bloomberg news that the situationcould change in the future. president trump has frequently complained that the dollar is too strong against the currencies of major trading partners, including europe and china, putting us exports at adisadvantage. that's it for the business briefing. coming up next we have been news briefing. we will take you through the front pages. one story is of course dominating, and one word, outrage. sta

con mÁs del cuarenta y siete por ciento de los votos sobre su rival, el actual presidente mauricio macris flores bien. los soldados colgaban de un cable que pendÍan de helicÓptero, pero cayeron al vacÍo. el comandante de la fuerza le dijo que la cuerda sufriÓ un corte prometio, no una investigaciÓn sobre los que estÁn. esta noche la visiÓn nocturna autoridades prometen mÁs regladas como la ocurrida la semana pasada en centros de trabajo. de la ciudad de morton en mississippi el ritmo de crecimiento del poder adquisitivo de la poblaciÓn hispana es mÁs del doble que el resto de el paÍs. segÚn informa un reporte divulgado hoy por la consultora nielsen y el mandatario electo el presidente electo de guatemala, seÑalÓ que promete revisar el acuerdo migratorio que convierte a esa naciÓn en tercer paÍs, seguro que, ademÁs se firmÓ con estados unidos el pasado veintisÉis de julio y que se encuentra suspendido por la corte de constitucionalidad con este manos esperamos esta noche en la visiÓn nocturna, eh. gracias enrique hacemos una pausa al regresar con temor, padres de la ciudad del paso mandan

but macry's losing in the primaries was devastating.was a major shock and then that bleeds into brazil brazil in currency terms, dollar terms is down about 3 1/2% today. and the sense that also in brazil you'd actually seen the pendulum -- this is what happens. it goes back and forth at least it has in the last 15 years. the question is we're actually getting to a more leftist non-democratic environment over there. that's terrible. the bottom line semiengineering markets so far have been pretty well contained in all this madness outside of what's been going on in china. if you start to see the currencies break down, and again i just bring up the chart of the brazilian real somewhere around here over the last couple of days you started to see this thing break where it looks like it could go straight to 4 e.m.'s been a problem where crisis have spread to in the past that have not start there'd and that is something that people are looking at right now. >> it's not even as if things are that great under macri so far. inflation's been skyro

stem a collapse in the currency since the 11th august primary election, which saw president mauricio macrilberto fernandez. australia's qantas airways says annual profits fell i7% last year — worse than investors were expecting. it's been hit by the weakest australian economy since the global financial crisis a decade ago — coupled with higher fuel costs. the uk government says it will sign a continuity free trade agreement with south korea later today. it aims to replicate as far as possible the terms of the existing eu— south korea deal when britain leads —— leaves the block at the end of 0ctober. monica miller is in singapore. this is the first post brexit deal with an asian country. trade ministers on both sides are expected to sign it in london later today. it will allow bilateral trade to continue in the event of a no—deal brexit, when the 31st of october comes around. trade between the de smidt countries is worth about $18 billion and that bilateral trade accou nts billion and that bilateral trade accounts for 1.1% of total british trade, which is a small comparison to what trade is

the argentinian peso lost 20% of its value against the us dollar after president macri suffered electoraleek. canada has accused the uk of "offloading its responsibilities," after a british man with dual nationality, who'd travelled to syria to join the islamic state group, was stripped of his uk citizenship. jack letts was captured by kurdish forces two years ago. he's currently being held in prison in northern syria. our security correspondent frank gardner has been speaking about the canadian reaction. apologies, we don't seem to have that from frank gardner but we do have audrey macklin. audrey macklin is a law professor at the university of toronto and specialises in citizenship and migration. she gave me her reaction to the uk's decision. think about this question. if jack letts is a threat to the national security of britain because of his involvement with isis as a foreign fighter, in what way is he less of a national security threat to canada? by the same token, by what standard could jack letts, born, raised and formed by england, be properly considered more of a responsibility

the argentinian peso lost 20% of its value against the us dollar after president macri suffered electoral week. canada has accused the uk of "offloading its responsibilities" after a british man with dual nationality who'd travelled to syria to join the islamic state group was stripped of his uk citizenship. jack letts was captured by kurdish forces two years ago. he's currently being held in prison in northern syria. our security correspondent frank gardner has been speaking about the canadian reaction. they've said they're very disappointed with this and that they have pointed out that terrorism has no borders and countries need to work together. don't forget that canada and britain are part of what is called the five eyes agreement, where they share intelligence, sensitive intelligence, with america, canada, new zealand and australia. it depends how you want to look at this. some will say this is a politically—motivated populist move to strip this dual—nat citizen of his british citizenship. he has a canadian father and a british mother. others will say this was done on sound national

stock markets and its currency have both plunged after the country's conservative president mauricio macri. the peso fell 15% against the dollar on monday after earlier plunging around 30% to a record low. some of the country's most traded stocks have also lost around half of their value in one day. some rather sad news to bring you. hotel chocolat‘s missing chocmobile van has been found burnt out, 10 days after it was reported stolen. the vehicle was found on the outskirts of bedford, about 30 miles from where it was taken. the chocolatier used the distinctive looking van at events and had appealed to the public for help finding it. the farm's founder is in morning and said it's only —— and said the van delivered chocolate happiness. concerns about the uk, —— us and china spat. 0ther concerns about the uk, —— us and china spat. other domestic prevalent stocks, meanwhile, have been hit by jitters and whether there will be a deal in the immediate aftermath of britain leaving on that expected date of october 31. all of these factors have led to investors free from equities, instead using gol

dollar after president mauricio macri was handed a major. defeat in primary elections the press so lost 14 percent of markets opened on monday mrs makris governing party polled 15 percent than the opposition candidate alberto fernandez and his running mate former president cristina fernandez de kirchner they secured more than 47 percent of the vote. a court in south africa has temporarily suspended plans to investigate president cyril ramaphosa for corruption president ram opposer had been accused of deliberately misleading parliament over a $50000.00 donation to his leadership campaign which he denies for me to miller has more from pretoria for president has managed to get a in interdict to stop the remedial action that was recommended by the public protector against him and that's link to her reports that she said he had deliberately misled parliament when answering questions around donations to his campaign when he was running for president of the african national congress on the public protector it said that the president issued to be re

. >> the peso plunges and argentinian stocks wiped out after mauricio macri's shock defeat in electionsti

argentina's president mauricio macri says he'll fight to win a 2nd term despite his defeat in sunday's presidential primary the president plummeted as a result of one point falling more than 30 percent against the dollar. the saudi arabia says it's offering its full support to yemen's government after southern separatists took control of the port city of aden crown prince mohammed bin sound man and his father king's man met leaders from the u.a.e. and yemen the u.a.e. is now urging dialogue despite backing the separatists who launched a major offensive over the weekend the saudi immorality coalition has been fighting yemen's heathy rebels for more than 4 years. the rebels say they have launched drone attacks on an airport in saudi arabia international airport is in the south of the country there's been no confirmation from the saudi government but it seems to be the latest in a series of drone attacks by the who is in the past few months. well while all this is going on civilians who've been displaced from their homes in yemen are living in increasing hardship aid is in short supply as

imf to justify going forward because you don't know ist the plan of fernandez and you don't know how macriover. joe: does the imf want to be in the business of changing its policies just because a vote went the way financial markets didn't like. right now, there is no indication that the country is going out of compliance. does that kind of create the impression of the imf picking winners and losers and politicizing? patrick: the imf does not want to be seen as forcing the situation or having impact on the election results. one of the criteria is called debt sustainability. right now, we are pricing in about 80% chance of a default. checkbox, itcular is hard for argentina to argue that it's debt is on a sustainable path. you're right, the imf does not want to worsen the situation. at the same time, it needs to make sure the integrity of the imf is preserved. joe: coming up a look at alphabet's private investment arm and why their success is raising questions. this is bloomberg. ♪ alphabet's private investment arm has been generating billions of dollars in gains lately. questions about the

sanctioned policies of president mary snow macri or the more socially inclusive but costly measures of the opposition led by alberto fernandez so that's what they're watching and waiting near the polling station behind me closed just a few minutes ago a couple of late arrivals who found their way barred to vote there 2 or 3 minutes past the past the hour but now is a party about 3 hours of nervous pacing by the candidates before the 1st official results come out the opinion polls in the days leading up to this vote had the 2 main candidates very very close to a 3 percent difference so really not a not enough. margin of error there and it's a really too close to call but this being the 1st really official opinion poll is what people are watching and waiting to see now before the vote the official vote at the end of october and how significant is the role of the former president cristina fernandez to come in this contest. well many hurrying herself included trying to play down her role there saying that she's merely the vice presidential candidate very much a number 2 to alberto fernande

avoid default and stabilise the national currency, which has been plummeting since president mauricio macri in a primary presidential election. us oil prices fell on thursday for the first time in three days after san francisco federal reserve president mary daly sounded a note of concern about the strength of us economy. uncertainy and a global growth slowdown were said to blame. the comments come after us president donald trump said on monday he believed china was sincere about wanting to reach a trade deal. south korea's highest court has ordered a retrialfor samsung heir lee jae—yong in the latest twist in the country's long running corruption case which brought down the former president. monica miller is in singapore. it does appear to be something of a setback at this stage, does it not for samsung? it is, and shares of are down almost 1.8% after the top court had announced this decision and real will i what it mines is that the group's de facto chief may get a realjail sentence if this bounces back to the lower court and they decide that happens. what he has, he has been out ofjail s

militares podrÍa aguantar hasta 29.000 libras tras la derrota en las primarias presidenciales mauricio macri celebraron cumpleaÑos y otros acontecimientos familiares todo en el mismo viaje. este super abuelo generoso lidiÓ con un cÁncer esperemos que este viaje lo acabe de aliviar. ♪ ♪ ♪ >>vayas acostumbrando porque uno de los nuestros se va al nÁpoles el chuck y lozano parece tener pie y media en el fÚtbol italiano ademÁs vamos a estar hablando de la chivas rayadas del guadalajara que despuÉs de todas las crÍticas han sumado tres victorias consecutivas en casa en la torre le han dado a los orioles marca histÓrica de los yanquis en la pelota calnt

argentina's president mauricio macri has vowed to win the 2nd term despite his defeat in sunday's presidential primary the pair say plummeted as a result at one point falling more than 30 percent against the dollar. saudi arabia says it's offering its falls a port to yemen's government after southern separatists took control of the port city of aden crown prince mohammed bin sound man and his father king's our man met leaders from the u.a.e. in german the u.a.e. is a dialogue despite supporting the separatists who launched a major offensive at the weekend. thank you drivers importer girls say they'll go back to work as a fuel crisis bites during the busy tourist season the government ordered them to end the strike after supplies ran down in much of the country including at lisbon airport alright those are the latest headlines for us here it out is there let's go back now to the father the son and the jihad. move. to push it over to the us if you hear they all mankind similar have it's on there with you that it does not fit you must by gosh love my. little don't see the the in the box of evil n

investors sell in the wake of defeat.t macri's all the action was midmorning when we got word that theiffs would be delayed until december 15. the intraday on a lot of these is where you see the action. the broader s&p 500, almost every subgroup higher. real estate is just about flat. we do see that there are gauge of the dow, nasdaq. tech and consumer facing companies gaining. apple was up 4% at one point. gap, l brands, everything moving higher that is getting released. as we moved to the risk on sentiment, gold is risk off. there is gold on the day. investors taking money off the table. still near multiyear highs on the price of gold. oil, despite the fact there is a concern about a global slowdown, we got a similar pop in the price of oil as the do's crossed the wire. shery: interesting to see the byasury markets whipsawed global events, including the trade news out of the white house, not to mention the ongoing clash in hong kong. we have seen president trump tweeting the chinese government is moving troops to the hong kong border, not to mention the south china morning post is al

losingnt mauricio macri in a prior election -- in a primary election by more than expected.h us still is chris watling. things have moved really quite aggressively and argentina. is this an e.m. event or an argentina event? chris: i think it is an argentina event. we've gone from a guy who is good at controlling the money supply, seems to be attempting to get the economy back in order, we know from argentina's problems from decades and decades, we will probably go back to the left wing stuff, the creation of money, and that is why the currency is also much and the market as well. it is not really surprising. guy: it's another return to populism. it's a theme that there are dots you can join here. chris: that's a fair point. em orat's not just an western thesis. that is a global thesis. really, you can pin it down to one clear event. it is a guy and power who is no longer going to be in power, and left-wing policies are going to come on the back of it. vonnie: but we are seeing some contagion. , afterlook at currencies the peso as the worst performer, the colombian and mexica

they probably thought with the election coming up, macri thought, i better act sooner rather than laterconsidered a lame-duck president. it is a final throw of the dice. >> the reserve bank of india approved a record payout. more than $24 billion of the federal government, boosting the coffers as the economy slows. it comes on top of new measures from the finance ministry to bolster the economy. finally, the government is going to ease fiscal policy. expectation, but one never knows. we have a government running a tight ship. what heavy lifting it has done. it is actually cut interest rates and now given a record amount of dividends to the government. not only dividend but part of its surplus which is very controversial. this will add pressure onto the minister to ease . while this comes at a good time for the reserve bank of india, whether the finance minister will bite the fiscal bullet, we -- we willthe watch for that. >> has told bloomberg to the possibility of ultra long bonds is under consideration. in an exclusive interview, he says he anticipates taking advantage of favorable co

because it was so emphatically a rejection of the free-market policies of the current administration of macrio that are both technologically with enormous total returns. we are talking about triple digit returns over the last five years. one is at 100%, the other at 60% or 70% this year. that is in the midst of everything going bad. why is that happening? these are companies that are internationally minded. most of the revenue is brought from outside argentina. they are engaged with the most advanced part of the global , and they are really benchmarks, not only for argentina, but for the world. they are competing against global giants. libra is amazon and paypal together in latin america, and they have a dominant share. -- in globant, they are engaged around the world in solutions. isn't the message these yournies are saying, that success is to go get revenue from outside argentina? that's why they've got the valuations they have. ricotta libra -- meanso libra literally free-market. they are committed to global markets, to working with customers around the world. globant is no different. the

you grew up in the 1950's, 1960's, and now we see in argentina the resounding defeat of president macrit that has done to the markets today. is the financial market much more connected today that you effect -- into account what is happening with argentina and the peso, as opposed to when you were in new york? peter: we were very egocentric in effect -- into account what is happening the '. we were right about the united states, stopped worrying about europe, we were worried about russia. to hideto take tests under your desk in the event of a nuclear attack, which was extraordinary. but we didn't have the connectivity. and importantly, finance was not as important. nobody spent all their time worrying about finance. we didn't worry about markets abroad. americans invested in america. we didn't have all of these complications. david: one of the things that we are fixated on is the fed, what will it do to the interest rate? what it does really affects the markets profoundly. the fed is increasingly saying we have to pay attention to international affairs, international trade. in doing that