Argentina's state-run oil company YPF has increased its prices at pumps between 9.5% and 11.5%. It was the second rise this year. Other brands such as Shell have followed suit. The last increase had been in February.
The government of Argentine Sunday decided to shut down all registrations for new soybean oil and soybean meal exports until further notice, it was announced. Authorities are also said to be planning a 2% rise to export taxes of industrial by-products, to level it up with the 33% charged to soybeans.
World leaders gathered under the Puebla Group have expressed their support to Argentine President Alberto Fernández for the deal reached with the International Monetary Fund (IMF) and for its overwhelming approval in Congress.
Chile's President Gabriel Boric Font Monday urged his Bolivian counterpart Luis Arce Catacora to resume diplomatic ties, which were severed in the 1970s.
Sanctions on Russia for the invasion of Ukraine are intensifying and biting, with consequences for the Argentine fishing industry, mainly because Russian importers are rejecting shipments as the Rubble, last week, had devalued almost 75%.
Colombian voters have taken a turn for the left following Sunday's historic support for Senator Gustavo Petro, who has been singled out in recent polls as the favorite to win the May 29 presidential elections.
The European Parliament voted last week an end to the so called “golden passports”, extended by some members of the EU to rich individuals, in this case mainly Russian oligarchs.
Plymouth-based Type 21 Club Frigate Association will be taking part in the Falkland Islands 40th Anniversary event at the National Arboretum in Staffordshire on 14th June 2022, organized by the Royal British Legion.
The fifth President of Armenia since its independence from the Soviet Union has been sworn in Sunday during a National Assembly ceremony held at the Karen Demirchyan Sports and Concert Complex in Yerevan. The currently war-torn Ukraine is also a former Soviet republic.
By Joseph E. Stiglitz and Mark Weisbrot – After long pushing failed belt-tightening policies, the International Monetary Fund has agreed to a deal that will allow Argentina's government to pursue a pro-growth strategy. The task now will be to manage the inevitable shocks that will come from today's tumultuous global economic environment.