Stories for August 30th 2021

Monday, August 30th 2021 - 09:48 UTC
New limits dispute arises between Chile and Argentina

A new controversy regarding boundaries between Chile and Argentina has erupted following the issuance of charts allegedly violation of a 1984 treaty.
Monday, August 30th 2021 - 09:38 UTC
Chile and Argentina agree to discuss ongoing continental shelf differences south of Cape Horn

Chile and Argentina have resurfaced an ongoing dispute over the extent of the continental shelf in the extreme south of the South American continent, but hopefully, both sides have agreed to sit and discuss the issue bilaterally, peacefully and abstaining from any statement and/or action that can hamper the process of a harmonious dialogue.
Monday, August 30th 2021 - 09:30 UTC
Governor reelected in Argentine province of Corrientes heralds further defeats for President Fernández's party

Incumbent Governor Gustavo Valdés of the Radical Civil Union (UCR) was reelected Sunday for a new four-year term in office at the helm of the Argentine province of Corrientes.
Monday, August 30th 2021 - 09:17 UTC
Pandemic, unemployment and inflation increasing Brazilian families debts

The percentage of Brazilian indebted families reached 72,9% in August, considered a new record and a direct consequence of the economic hardships because of the pandemic, unemployment and inflation, according to a release from the National Confederation of Retail, Services and Tourism, CNC.
Monday, August 30th 2021 - 08:51 UTC
Hurricane Ida hits Louisiana, brings back memories of Katrina

Electricity supply in New Orleans was cut and the property was damaged Sunday as Hurricane Ida hit the State of Louisiana, it was reported.
Monday, August 30th 2021 - 08:31 UTC
Uruguayan President Lacalle Pou not keen on a 2nd term in 2029

Uruguayan President Luis Lacalle Pou said that “in 2029 I should be old” and downplayed his possible attempt at a new term in office. That year he will turn 56.
Monday, August 30th 2021 - 08:14 UTC
Chilean central bank expected to hike the basic rate 25 points to 1%

The Chilean central bank made public on Friday its latest Survey of Financial Operators, ahead of the Monetary Policy meeting scheduled to take place next Tuesday when most market analysts anticipate the bank will decide on a 25 points increase to its basic Monetary Policy rate from 0,75% to 1%.
Monday, August 30th 2021 - 08:00 UTC
Argentine Senate approves the Fishing Unit, as the new index value for illegal fishing fines

The Argentine Senate unanimously approved the bill which reviews and establishes new values for fines and sanctions for illegal fishing activities in the country's EEZ.
Monday, August 30th 2021 - 08:00 UTC
Israel redefining immunization as third dose of vaccine becomes widely available

A high ranking Israeli health official has admitted the country is having second thoughts about what it means to be fully vaccinated against COVID-19 as cases mount nationwide and the third dose of vaccine is being made available for whoever wants to take it.
Monday, August 30th 2021 - 07:23 UTC
US markets at new highs, following on the Fed's chair announcement

Wall Street climbed on Friday while S&P and Nasdaq reached new historic highs for the fourth time in the week following on statements from Fed chairman Jerome Powell at the Jackson Hole symposium when he anticipated a moderate, non-aggressive calendar reduction in the purchase of bonds.