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Montevideo, November 23rd 2024 - 20:25 UTC

Stories for January 2022

  • Thursday, January 13th 2022 - 09:59 UTC

    Meat consumption in Argentina fell despite cap on exports

    Despite 2021's fall, Argentines continue to eat more beef than any other people in the world

    Argentina has recorded a 4.8% decline in meat consumption per inhabitant despite caps on exports imposed by the administration of President Alberto Fernández, which allegedly sought to prioritize the domestic market.

  • Thursday, January 13th 2022 - 09:59 UTC

    Latin America forecasted to grow a soft 2,6% in 2022 and 2,7% in 2023, World Bank

    Inflation has risen across the region, exceeding central banks' targets in most cases.

    Growth in Latin America and the Caribbean region (LAC) rebounded to an estimated 6.7% in 2021, driven by favorable external conditions and pandemic-related developments, according to the World Bank's Global Economic Prospects. Region-wide new COVID-19 cases dropped sharply in the second half of the year, before surging in late December, even as the vaccination rollout progressed. Strong demand in key export destinations (the United States and China), high commodity prices, and continued high remittances to Central American and Caribbean countries were also supportive of growth in 2021.

  • Thursday, January 13th 2022 - 09:50 UTC

    Fifty years since the air link between Falkland Islands and Comodoro Rivadavia

    The sea plane Grumman HU-16 Albatros, from the Air Force, which started linking Stanley with Comodoro Rivadavia twice monthly

    Half a century ago, on 12 January 1972, a seaplane from the Argentine Air Force landed in Stanley harbor establishing the first regular flight between Comodoro Rivadavia and the Falkland Islands. From then onwards, ”sanitary, passenger and general cargo (mail, fresh food, and medicines) became regular flights”.

  • Thursday, January 13th 2022 - 09:49 UTC

    Bolsonaro “welcomes” Omicron – angers WHO

    WHO's Michael Ryan replied that “no virus that kills people is welcome.”

    Brazilian President Jair Bolsonaro Wednesday said the Omicron variant of the SARS-CoV-2 was “welcome” in Brazil, because it “may point to the end of the pandemic.”

  • Thursday, January 13th 2022 - 09:48 UTC

    World economy is facing Covid-19, inflation and policy uncertainty, Global Economic Prospects

    ”Rising inequality and security challenges are particularly harmful for developing countries,” said World Bank Group President David Malpass

    Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality that could endanger the recovery in emerging and developing economies, according to the World Bank’s latest Global Economic Prospects report. Global growth is expected to decelerate markedly from 5.5% in 2021 to 4.1% in 2022 and 3.2% in 2023 as pent-up demand dissipates and as fiscal and monetary support is unwound across the world.

  • Thursday, January 13th 2022 - 09:45 UTC

    ECLAC foresees growth rate in 2022 around one third of that of 2021

    ECLAC recommended consolidating the income tax on individuals and corporations, extending the scope of taxes on heritage and property, while adding new taxes on the digital economy.

    Growth in Latin America and the Caribbean will slow down in 2022 to 2.1%, after a 6.2% increase on average last year, the Economic Commission for Latin America and the Caribbean (ECLAC) forecast Wednesday in a study.

  • Thursday, January 13th 2022 - 09:40 UTC

    American Airlines aircraft vandalized by single attacker at Honduran airport

    A replacement plane needed to be sent in, the carrier explained.

    An unidentified man went berserk aboard an American Airlines Boeing 737-800 in Honduras causing havoc among travelers and crew members after breaking into the aircraft's cabin and damaging the flight controls.

  • Thursday, January 13th 2022 - 09:36 UTC

    Paraguay lowers expectations on soy due to drought

    ”A bad agricultural year has effects on the entire economy of the country,” Bertoni explained

    Paraguay's Agriculture Ministry has announced between 6 and 7 million tons of soybeans were to be harvested this season against the original projections of 10 million due to the unprecedented weather conditions.

  • Thursday, January 13th 2022 - 09:27 UTC

    Argentina: Indigenous communities want to bury ancestors in Nordelta

    “It takes a while to define where they will be buried ... but it is a place in Nordelta,” Chara said.

    The bodies of 42 members of an indigenous community who were removed from their resting places by US archaeologist Samuel Lothrop in 1925 are to be restored to their historical land in what will be the largest restitution carried out so far in Argentina and which has been approved Monday by the National Institute of Indigenous Affairs (INAI).

  • Wednesday, January 12th 2022 - 20:54 UTC

    Venezuela resumes crude exports after nine months

    US sanctions had an impact until help from allied Iran arrived

    Venezuela's state-run PDVSA will begin exporting diluted crude oil (DCO) this week after a nine-month stoppage, it was reported in Caracas. The last time PDVSA shipped diluted crude to Asia was in April last year.