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Buenos Aires Hours | Landmark global tax deal backed by 130 countries

A total of 130 countries, including Argentina, have agreed to global tax reform to ensure multinationals pay their fair share wherever they operate, the OECD said on Thursday, but some EU states refused to sign.

The Organization for Economic Co-operation and Development said in a statement that global companies, including US giants Google, Amazon, Facebook and Apple, would be taxed at a rate of at least 15% once the agreement is implemented. .

The new tax regime is expected to add some US $ 150 billion to government coffers globally once it takes effect, which the OECD hoped to be in 2023.

“The framework updates key elements of the century-old international tax system, which is no longer suited to a globalized and digitized economy of the 21st century,” said the OECD.

The formal deal follows the approval of the G7 rich country group last month, and negotiations now move on to a meeting of the G20 developed and emerging economies group on July 9 and 10 in Venice, Italy.

US President Joe Biden said the latest deal “puts us a striking distance from a comprehensive global deal to stop the race to the bottom for corporate taxes.” US Treasury Secretary Janet Yellet called it “historic.”

Germany, another proponent of tax reform, hailed a “colossal step towards tax justice”, and France said it was “the most important tax deal in a century”.

British Chancellor of the Exchequer Rishi Sunak, whose country holds the presidency of the G7, said that “the fact that 130 countries around the world, including all G20 members, are now on board, marks a new step in the our mission of global tax reform “.

Argentine Economy Minister Martín Guzmán praised the “broad international consensus” which allows “an important step” to be taken in the fight against “tax evasion by multinational companies”.

“Even if there is still a long way to go, we are facing a historic moment; a real opportunity to coordinate at the global level and to put an end to tax havens which harm the peoples of the world and their development possibilities” , underlined the minister.

Guzmán said the 15 percent rate “is still lower than what we consider optimal”, but that Argentina has decided to support the consensus agreement.

“In the interest of all”

However, not everyone agrees with the deal. Ireland and Hungary, a low-tax European Union country, have refused to sign the agreement reached within the framework of the OECD, the organization said, highlighting persistent divisions over global taxation.

The two countries are part of a group of EU countries also including Luxembourg and Poland that have relied on low tax rates to attract multinationals and grow their economies.

Ireland, the EU home to tech giants Facebook, Google and Apple, has a corporate tax rate of just 12.5%.

Irish Finance Minister Paschal Donohoe has warned that the new rules could cost Ireland 20% of its business income.

On Thursday, Donohoe said Ireland still “broadly supports” the deal, but not the 15 percent tax floor.

“Much remains to be finalized before a comprehensive agreement is reached,” he said, adding that Ireland “would engage constructively” in further talks.

An implementation agreement is scheduled for October.

Nine of the 139 participants in the talks have yet to sign the agreement.

But China, whose position was closely watched as it offers tax incentives to key sectors, approved the deal.

“It is in everyone’s interest that we reach a final agreement among all members of the Inclusive Framework as planned later this year,” said OECD Secretary-General Mathias Cormann.

“This package does not eliminate tax competition, as it should not, but it sets multilaterally agreed limits on it,” Cormann said, adding that “it also takes into account the various interests at the negotiating table. , including those in small economies and developing jurisdictions “

A “fairer” global economy

CFOs have called a minimum tax necessary to stem competition between countries over who can offer multinationals the lowest rate.

For Biden, a global tax deal will help keep the United States competitive as he proposed to raise domestic corporate taxes to pay for an infrastructure and jobs program costing around $ 2 trillion. of dollars.

The US president – whose tax plans face a potentially uphill battle in Congress – hailed an “important step in developing the global economy to be fairer for middle-class workers and families in the United States. United States and around the world ”.

He noted that the nations that signed represent more than 90 percent of the global economy.

The OECD statement said the package “will provide much needed support to governments that need to raise the necessary revenues” to set their budgets and invest in measures to support the post-Covid recovery.

Oxfam, a charity, meanwhile said the deal fell short of the level of taxation needed to give poorer countries a sufficient share of additional tax revenue.

Calling the deal “biased towards the rich and completely unfair”, Oxfam said the signatories missed a “unique opportunity to build a profoundly more equal world”.

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by Jürgen Hecker, AFP

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Buenos Aires Hours | Nearly 200 more anonymous graves found at Indigenous school in Canada and churches set on fire

Another 182 anonymous graves were discovered at a third former Indigenous residential school in Canada as two Catholic churches caught fire on Wednesday, anger mounting over the escalating abuse scandal.

The Lower Kootenay Band said experts using ground penetrating radar mapping located what are believed to be the remains of students aged seven to 15 at the former St Eugene Mission School near Cranbrook , in British Columbia.

Some of the graves are as shallow as 1 to 1.2 meters, he said. These are believed to be the remains of band members from the Ktunaxa Nation, which includes the Lower Kootenay, and neighboring Indigenous communities.

The Catholic Church operated the school on behalf of the federal government from 1912 until the early 1970s.

This grim development follows the discovery of the remains of 215 children in anonymous graves at the former Kamloops Indian Residential School in British Columbia in May and another 751 anonymous graves at another school in Marieval, SK last week. .

During a press conference, Prime Minister Justin Trudeau said these “horrific discoveries” have forced Canadians “to reflect on the historical and current injustices that indigenous peoples have faced.”

He urged everyone to participate in reconciliation, while denouncing vandalism and arson of churches across the country.

“The destruction of places of worship is not acceptable, and it must stop,” he said. “We must work together to right the wrongs of the past. Everyone has a role to play.”

Early in the morning, two churches caught fire amid growing calls for a papal apology for abuse at Canada’s residential schools.

Police say the fires at Morinville Church north of Edmonton, Alta., And St. Kateri Tekakwitha Church in the Sipekne’katik First Nation near Halifax, Nova Scotia are the subject of fire. investigated as a possible arson.

“We are investigating as a suspect,” Royal Canadian Mounted Police Corporal Sheldon Robb told AFP, speaking of the fire that ravaged the Morinville church.

Corporal Chris Marshall of the Nova Scotia RCMP said the same about the fire that severely damaged St. Kateri Tekakwitha Church.

The fires have brought to eight the number of churches across Canada destroyed or damaged by suspicious fires, most in Indigenous communities, in recent days.

Several others were vandalized, especially with red paint.

“Cultural genocide”

No direct link has been officially established between the burning of the church and the discovery of the anonymous graves.

But speculation is rampant, amid intense anger and sadness sparked by the funeral finds.

“We absolutely recognize the profound effect the unmarked tomb finds have had on First Nations people, and investigators will keep that in mind,” Marshall said.

The damaged churches were built a century ago, coinciding with the opening of 139 residential schools set up to assimilate Indigenous peoples into the Canadian mainstream.

Until the 1990s, some 150,000 Indian, Inuit and Métis youth were forcibly enrolled in schools, where students were physically and sexually assaulted by principals and teachers who stripped them of their culture and language.

More than 4,000 have died of illness and neglect in schools, according to a commission of inquiry which concluded that Canada had committed “cultural genocide.”

Trudeau last Friday apologized for “harmful government policies” and joined a chorus of appeals from Indigenous leaders to Pope Francis to do the same for the abuse in schools.

The flag atop Parliament has been lowered to commemorate the deaths of the students and will remain at half mast for Canada’s National Day on July 1, he said on Wednesday.

Assembly of First Nations National Chief Perry Bellegarde said that “every site (grave) needs to be properly investigated. Further searches for burial sites have been launched or are planned.

He also renewed his appeals to the Pope to apologize on Canadian soil directly to former students, called residential school survivors in Canada.

Their experiences, he said, caused “an intergenerational trauma that is felt to this day.”

He added that it was important that the Pope “speak directly to survivors here” in order to create “healing and reconciliation”.

The Federation of Sovereign Indigenous Nations (FSIN), which represents 74 tribes in Saskatchewan, noted that the church has yet to deliver on its pledge to provide C $ 25 million (US $ 20 million) in compensation to former students. .

So far, the church has collected and donated a paltry sum of C $ 34,650, she said in a statement.

“It is shameful that Catholics are raising millions to build multiple multi-million dollar cathedrals and only raising $ 34,650 or $ 0.30 per survivor,” FSIN said in a statement.

– AFP, Michel Comte

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Karate-After a long battle, karate gets a long-awaited chance on the biggest stage

Spanish karate kata athlete Sandra Sanchez, current world and European champion, strikes a pose during a training session in Madrid as she prepares for the upcoming Olympic Games in Tokyo, where karate will be Olympic sport for the first time on March 3, 2021. Photo taken on March 3, 2021. REUTERS / Sergio Perez / File photo

TOKYO, June 30 (Reuters) – Karate has fought a long, hard battle to earn its place as an Olympic sport.

Despite its 100 million practitioners worldwide, a solid place in popular culture and a rich history that some say dates back to the 15th century, the application of Japanese martial art to join the Olympics had been rejected three times. , including, initially, for Tokyo. 2020.

It was only through the provision of the “Olympic Agenda 2020” reform project adopted in 2014 that the hosts of the Games were allowed to offer a number of sports and karate was given a second chance.

Under pressure from then-cabinet secretary and current Prime Minister Yoshihide Suga, karate officially won its place two years later to join other Asian martial arts judo and taekwondo on the big stage in Tokyo.

Unfortunately for the Japanese Karate Federation, entry into the Olympic realm also revealed the widespread intimidation of one of its main athletes by a senior federation member in a scandal that sent shock waves through the world of local karate.

Just four months from karate’s debut at the Games, Japan Karate Federation (JKF) technical director Masao Kagawa was forced to resign when karateka Ayumi Uekusa denounced – via the Olympic Games hotline – his abuse and his unauthorized use of a bamboo stick during training which caused serious eye injury.

The federation quickly fired Kagawa as the head of the sport’s “Player Strengthening Committee” and replaced her with former popular karate champion Rika Usami, known as “the queen of kata”.

With the scandal behind it, karate will look to Tokyo 2020 to demonstrate why it deserves to be a grassroots Olympic sport.

Karate has been ruled out for Paris 2024, but it will have a place in the postponed Youth Olympics to Dakar 2026 after its debut at the 2018 youth event in Buenos Aires.

In the “kata” category, in which athletes demonstrate offensive and defensive techniques against a virtual opponent, Japan’s Ryo Kiyuna is the favorite to win what would be the first gold medal for his hometown of Okinawa, the birthplace of karate. .

For women’s kata, close competition is expected between Spanish world champion Sandra Sanchez and Japanese Kiyou Shimizu after their memorable tie-breaking match at the sport’s flagship event in 2019.

The “kumite” training category will involve 60 athletes in three weight categories each for men and women, with Frenchman Steve Dacosta, Azerbaijani Rafael Aghayev, Chinese Xiaoyan Yin and Turkish player Serap Ozcelik Arapoglu among those to watch. .

Reporting by Chang-Ran Kim, editing by Ed Osmond

Our standards: Thomson Reuters Trust Principles.

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Buenos Aires Hours | Lithium nationalism takes root in region with most resources

Politicians in Latin America, a region that accounts for more than half of the world’s lithium resources, are seeking to increase the state’s role in an industry crucial to weaning the world off fossil fuels.

In Argentina, state-owned energy companies are entering the lithium sector as authorities attempt to develop downstream industries. In Chile, a leader presidential candidate wants to do something similar just as the nation drafts a new constitution that could lead to stricter rules for minors. In Mexico, the government is studying the possibility of nationalizing lithium prospects.

True, no one in power talks about the expropriation of productive assets, and much of the anti-investor rhetoric in Chile comes from opposition groups. Yet by exacerbating inequalities and exposing supply chain vulnerabilities, the pandemic is fueling resource nationalism that could lead to less favorable conditions for producers just as they thrive in an emerging lithium battery boom. -ion.

“Country and resource reliability is something that auto and battery makers are looking at,” BTG Pactual analyst Cesar Perez-Novoa said. “So it’s a risk.”

Argentine state oil driller YPF SA confirmed this month that it will explore lithium and get involved in supplying battery production through a new unit – a strategy similar to that used to diversify into energies. renewable.

Another state-owned energy company, Ieasa, whose role of President Alberto Fernandez is reinvigorated after the previous government sought to privatize many of its assets, has said it will incorporate lithium into its business strategy, without further clarification.

Lithium-producing countries have had little success in adding value to their raw materials industries due to their remoteness from demand centers and an sometimes unfavorable business environment. In the case of Bolivia, downstream investment requirements have been one of the barriers to extracting lithium from the ground in the first place.

Argentina is banking on close ties with China, its lender of last resort, to open the door to the dream of local battery and electric vehicle factories. Argentine officials are in talks with Gotion High-Tech Co and Ganfeng Lithium Co.

Adding fuel to the fire in Argentina is a bill drafted last year by lawmakers in the ruling Frente de Todos party which seeks to declare lithium a “strategic resource.” Yet the bill is not currently under consideration, a party spokeswoman said.

In Chile, the largest supplier of lithium after Australia, a process of rewriting the constitution is expected to include a debate on how to capture more of the sector’s profits, stricter licensing requirements and the classification of water as as a national asset for public use.

It is not known whether a new constitution could overturn property rights given that the state already owns the minerals, said Renato Garín, professor at the Faculty of Law at the University of Chile, who was elected to the convention drafting the charter. Rather, the change will likely lie in environmental rules as concerns grow about the impact of lithium mining in the Atacama salt flats.

“What the new constitution will push is a leap away from mining capitalism to encourage more investment in technology,” Garín, a left-wing independent member of the assembly, said in an interview. “How to produce without destroying.

The strongest comments came from Mexico, where the government is studying state control over assets. Mexico does not yet produce lithium and, according to analysts at BTG Pactual, rhetoric is unlikely to turn into action. But this still maintains uncertainty.

Bolivia is also trying to move forward with a state approach to develop its vast deposits. After launching a series of pilot projects over the past decade – including giant evaporation ponds to replicate the brine extraction method used in Chile and Argentina – the landlocked nation is turning to new technologies.

Bolivia has launched a tender to test direct lithium mining techniques, or DLEs, with winners to be announced in the coming weeks as the state-owned lithium company and its partners complete their work. on processing prototypes and battery factories. However, Bolivia’s DLE and downstream experiences do not guarantee a significant increase in production in the near future.

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by Jonathan Gilbert & Daniela Sirtori-Cortina, Bloomberg

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Buenos Aires Hours | Argentine Senate approves law on transgender job quotas

In a major breakthrough for LGBTQ rights, Argentina’s Senate has approved sweeping legislation that requires one percent of all public sector jobs to be reserved for transgender people.

LGBT + activists hailed the passage of the trans quota law last Thursday, with many saying it would “change the lives” of many members of the trans community by including them in the formal workforce.

The bill, promoted by the ruling Frente de Todos bloc and drafted by lawmaker Gabriela Estévez (FdT-Córdoba), was approved by 55 votes to 1, with just six senators abstaining.

The initiative was supported by militant organizations, including the LGBTIQ + League of the provinces and the Federal Convocation Trans et Travesti Argentina.

Passing the law is seen as an important step forward for the trans community, which has historically had fewer employment opportunities and is vastly under-represented in leadership positions.

In addition to experiencing widespread discrimination and stigma, members of the trans community have an average life expectancy of 36 years, according to university studies.

Studies conducted by the Asociación de Travestis, Transexuales y Transgéneros de Argentina (ATTTA) have shown that 90 percent of the community is outside the formal labor market while almost 95 percent “find themselves in prostitution situations. at the extreme margins of society ”. Some 60 percent could not complete their education.

According to a separate 2017 survey in the city of Buenos Aires, only nine percent of trans people had formal jobs and 70 percent were sex workers.

Strong support

Senators voted overwhelmingly in favor of the law, which reserves one percent of public sector jobs for members of the trans community.

The only vote against the settlement was that of PRO senator from Cordoba Ernesto Martínez, while the six abstentions came from Roberto Basualdo (PyT-San Juan), Julio Cobos (UCR-Mendoza), Silvia Elías de Pérez (UCR-Tucumán), Laura Rodríguez Machado (PRO-Córdoba), Humberto Schiavoni (PRO-Misiones), Belén Tapia (UCR-Santa Cruz).

Senator PRO Gladys González (Buenos Aires City) was among those who supported the law. In doing so, she inherently criticized her own previous vote against Argentina’s landmark marriage equality law in 2010.

“I did not understand and therefore I voted with a partial vision, conditioned by culture, religion, full of prejudice and ignorance,” she admitted.

Senator Norma Durango, of the ruling Frente de Todos coalition, hailed the vote as a major step forward.

“We are discussing something beyond the transgender work quota. We are discussing whether trans people and LBGTQ will be granted rights that are guaranteed to them, as citizens: human rights. This is what we are talking about, ”she said.

Do the same

The new rules – which were initially introduced with an emergency decree last year – apply to all three branches of the federal government, decentralized and self-sufficient organizations, non-state public entities and state-owned enterprises.

In an effort to encourage private businesses to follow suit, the law also offers tax incentives and soft loans for businesses that recruit members of the trans community.

Experts say the codification of the emergency decree will strengthen its application.

To facilitate access to formal employment, the project indicates that “the requirement to complete studies [of a degree] cannot be an obstacle to entry and permanence in employment “and that” trans people are considered to be all those who perceive themselves with a gender identity that does not correspond to the sex assigned at birth “. be considered when hiring trans workers.

Argentina is somewhat of a human rights pioneer, legislating in favor of sexual diversity with its 2010 same-sex marriage law and a gender identity law a year later.

Congress is awaiting another initiative that has been in the works for a long time: the historic reparations law for trans people over 40.


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Buenos Aires Hours | Argentina imposes a daily limit of 600 people on entries from abroad

The Argentine government has announced that it will limit the number of resident citizens and foreigners who can enter the country each day to 600 people, starting Monday.

The move follows recent research which showed that nearly 40% of people returning to the country from overseas did not comply with Covid-19 quarantine rules.

The authorities are also concerned about the spread of the so-called “Delta” variant, known to be more contagious, on the national territory.

International tourism is currently suspended in Argentina, as the country’s borders are closed to non-resident foreigners.

The daily quota, which previously stood at 2,000 passengers, will be reduced to 600 people from Monday June 28 until Friday July 9 inclusive, Minister of Health Carla Vizzotti confirmed at a press conference.

The decision was taken with the aim of “minimizing the risk or delaying, as much as possible, the entry of the Delta variant which is already circulating in more than 70 countries around the world,” the minister said.

“We ask the population to minimize travel abroad, especially when there are worrying variants because they generate a significant health risk,” she added.

National Migration Director Florencia Carignano, speaking on Saturday, said the return of Argentines to the country would be carried out “in a controlled and orderly manner” to ensure that returning citizens comply with the new measures, although she has recognized that some travelers outside the country would likely face delays.

“With the established income quota of 600 people per day, the return of people who have traveled abroad will be somewhat delayed,” she admitted.

Carignano said about 1,700 and 1,800 people currently enter the country every day.

Last Friday, the government extended until July 9 an emergency decree from the DNU imposing restrictions on coronaviruses until July 9. According to the rules, activities are restricted in certain areas, depending on the number of infections and deaths in a province.

Argentina has so far recorded nearly 4.4 million confirmed cases, with more than 92,000 deaths. To date, more than 15.8 million people have received one dose, while about 3.9 million have received both injections.

Vizzotti also confirmed on Friday that Argentina signed a contract with Chinese laboratory Sinopharm for the supply of 24 million Covid-19 vaccines, the first delivery of which is expected in July.

To date, the so-called Gamma (or “Manaus”) variant, first identified in Brazil, is the predominant strain in Argentina. Only two Delta variant infections – first recorded in India – have been detected to date.


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Buenos Aires Hours | City Hall eases Covid-19 restrictions – the measures

Buenos Aires City Mayor Horacio Rodríguez Larreta on Thursday announced a relaxation of some Covid-19 restrictions, allowing more outdoor activities and the restart of in-person high school classes on a “full-time” basis.

During a press conference, the leader of Juntos por el Cambio relaxed the measures for gastronomic establishments, as well as the authorization of many sports and cultural activities.

New measures for CABA:

– Education: As of July 5, all high school / high school students return to full classes in person.

– Sports: Allowed outside and without limit of number of people.

– Bars and restaurants. The stores will be able to serve their customers inside the premises, with a maximum capacity of 30% occupancy.

– Party and event rooms. Subject to a permit, entitled to functions for gastronomic purposes, with a maximum capacity of 30 percent.

– Theaters. Expanded to a maximum capacity of 50%, with specific protocols in place.

– Gyms. Guests are allowed to train indoors, up to a maximum capacity of 30 percent.

– Meetings and conferences. From July 12, certain events (congresses, conferences and exhibitions) will be activated. Up to a maximum capacity of between 20% and 30%, depending on the size of the room, with “strict” protocols.

Unchanged measures:

– The movement of citizens is prohibited between midnight and 6 a.m., with the exception of essential workers.

– Meetings in private homes and social gatherings in homes are prohibited.

– Professional activities: always remote / home office if possible.

– Social gatherings: Only allowed in open spaces, with a maximum of 10 people.


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Argentina says AZ, single dose of Sputnik V reduces mortality by up to 80%

FILE PHOTO: People wearing protective masks against the spread of the coronavirus disease (COVID-19) walk past a closed store with a sign reading “Force, Alberto” (Argentine President Alberto Fernandez), in Buenos Aires, Argentina June 18, 2021. REUTERS / Agustin Marcarian

BUENOS AIRES (Reuters) – A single dose of the Russian Sputnik V vaccine or the University of Oxford-AstraZeneca vaccine reduces COVID-19 mortality by 70 to 80% in people aged 60 and over, according to actual data from Argentina’s national inoculation program.

Data from the preliminary study, released by the country’s health ministry on Friday, included some 450,000 people aged 60 and over who received one or two doses of either vaccine, which are most widely used in Argentina.

“The first dose generates almost 80% immunity, the second, in general, increases this response and makes it more durable over time,” said Minister of Health Carla Vizzotti in a statement, adding that with a second dose, mortality was reduced by approximately 90%.

Argentina’s vaccination campaign was built around Sputnik V and AstraZeneca vaccines, as well as Sinopharm and CoviShield injections. The country has vaccinated more than 19 million people, 3.8 million of whom received two doses.

This week, the country passed 90,000 deaths from COVID-19 as it tries to leave behind a painful second wave of the virus. It currently has one of the highest daily death rates in the world, behind Brazil, India and Colombia.

Vizzotti said the data supports the country’s vaccination strategy of having a 12-week gap between the first and second vaccines, saying this was done in order to cover as many of the at-risk population as possible with a single dose.

“It was an appropriate decision and the results of this study confirm that high protection was obtained in the vaccinated population,” she said.

Reporting by Agustin Geist; Editing by Nicolas Misculin, Adam Jourdan and David Evans

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Sports science: the seventh day of the year | new

the next wednesday june 30, at 19 hours, the fifth session of Mathematical Sciences the aura the seventh day of the year: “Management in the fields of sports training”. Physical activity and sport are currently part of the basic activities of a modern society in constant evolution and growth. This is why this program seeks again to strengthen the strategy Strengthening the sports, recreation and physical activity sectorWith the aim of increasing the individual and collective capacities of the people who are part of it and thus contribute to providing the best services and efficient performance.

Going through Training plan, From General Directorate of Social Sports and Sports Development For the Under-Secretariat of Sports, we will present these meetings of dialogue and dialogue of knowledge acquisition, in charge of representatives and experts of the sector of sport and physical education.

This meeting aims to provide modern knowledge, on the questions and considerations to be taken into account, in Department of Athletic Training in their different types of institutions.

Today will be responsible for Lc. Maple roca (journalist and graduate in management of civil society organizations, specialist in management of sports organizations, and member of Argentinian Olympic Committee through Argentinian Netball Federation -which presides-).

This year’s session will end from March to December, it will be Release And it fits perfectly virtual It covers four main themes: sports initiation and development. school and non-school physical education; Adapted Sports Sports Management.

in order to I’m writing to you And to be part of this seventh meeting in 2021 of the session, which will be Wednesday June 30 at 7 p.m. on Zoom, Enter here:

Enroll in sports science

Once the form is completed, in the days leading up to the event, you will receive a confirmation email with the meeting link so that you can participate.

During this year, 4 thematic themes will be addressed:

Start and develop the sport الرياضة

From this axis, the training area, it is proposed to deepen the bases that support the processes of starting and developing sport; By updating and mastering the skills and techniques for planning, managing and evaluating learning related to motor skills and sports techniques. Likewise, the promotion of teaching strategies and resources for targeted learning that respects and stimulates the process of developmental maturation and the ability to acquire movements is encouraged. The exercises provide a space for enrichment and exchange to broaden the tools for analyzing, designing, implementing and coordinating training processes aimed at the overall development of the athlete.

Physical education in school and out of school

We consider physical education in school and non-school environment as the basis of initiation to sport for boys, girls and adolescents. For this reason, updating teachers should be a priority to implement the teaching and learning process.

adapted sports

Sport and physical activity for people with disabilities have experienced significant development in recent years, reaching the level of participation in terms of quantity and quality, and increasingly high and demanding in terms of performance. This growth must be accompanied by an appropriate level of development, both in the resources and in the people involved, which will allow the different sports to continue to improve their working methods and their levels of performance. In this context, it is necessary to develop training guidelines in an increasingly structured and complex way according to the degree of information and knowledge possessed by the participants.

Sports management

Leading and managing sports organizations requires a degree of dedication and professionalism from both the professional leader and the charterer. Different models of business management and leadership should aim to strengthen organizations in their operations, with the understanding that medium and long term perspectives (such as business planning) allow for a better association with the situation. It should also be noted that the management of sports institutions, whether in the public or private sphere, must accept more and more professionalism and proactivity for the implementation of plans and programs with institutional and communication impact.

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Buenos Aires Hours | Paris Club Says Argentina Pledged To Reach A Deal With The IMF By Next March

The Argentine authorities are committed to reaching an agreement with the International Monetary Fund by the end of March at the latest as part of an agreement with the Paris Club to avoid a default, according to the second head of the group.

The country has also agreed to treat all other external creditors comparably as part of a deal with the rich country group in which it will make a partial payment, Club Secretary General Schwan Badirou-Gafari said in a response. by email with questions.

“Given the commitments made by the authorities regarding the conclusion of an agreement with the IMF as soon as possible and no later than the end of March 2022, as well as their commitment to respect the comparability of treatment, the Paris Club would be able to ‘avoid declaring a default at the end of July,’ said Badirou-Gafari.

Argentina said on Tuesday it will make a partial payment of $ 430 million to the club to avoid default after missing a $ 2.4 billion payment that was due last month. As part of the deal, the country has until March 31 to complete its restructuring with the Club, but Economy Minister Martín Guzmán said this deadline would have no impact on the timing of negotiations with the Club. the IMF.

The Club has asked Argentina to pay the equivalent of what it owes to Chinese lenders China Development Bank and Export-Import Bank of China this year, a person familiar with the negotiations said. The club’s creditors, mostly Western governments, were unhappy that Argentina sought to defer payments as it continued to honor its obligations to Chinese creditors on time, another source close to the talks said.

A deal with the IMF is understood to be the conclusion of a new loan program with the Washington-based lender, Badirou-Gafari added later by telephone.

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by Alonso Soto, Bloomberg

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