Uruguay's central bank on Tuesday announced an increase of 75 basis points to 9,25%, in its monetary policy reference rate, meaning also the bank has entered the contractive phase, as so many other Latin American central banks, in an effort to rein in inflation.Add your comment!
The intense heat wave in India which has turned out to be the hottest spring in the last one hundred years is having its impact on people, fauna and agriculture. Thermometers recording 50 degrees centigrade, and the lack of water, has forced the government in New Delhi to halt all wheat exports, in anticipation of any shortages that could lead to extreme situations.Add your comment!
The European Union has announced that it will respond with all measures at its disposal if the British government pushes ahead with unilateral changes to the Brexit deal on Northern Ireland. UK has said it wants to change the legally binding treaty that it signed less than two years ago.1 comment
Fast food giant McDonald's and French auto maker Renault are leaving Russia and its lucrative market because of an unpredictable operating environment. McDonald's has been in Russia since the collapse of the Soviet Union, and has hundreds of outlets and employs thousands, but it has joined many other Western companies exiting the Russian market because of the international sanctions following the invasion of Ukraine.Add your comment!
Although cyclones are rare in the area, Uruguay's Institute of Meteorology (Inumet) has issued a yellow warning regarding the possible arrival of a subtropical cyclone to the southern part of the country sometime Tuesday.Add your comment!
Spanish foreign minister Jose Manuel Albares called on his EU peers on Monday to definitively advance in the ratification of the trade accords of the European Union with Chile, Mexico and Mercosur.1 comment
Argentina's Health Minister Carla Vizzotti Monday confirmed the country was going through its fourth wave of COVID-19. The official also pointed out that “we are in a different situation” now.Add your comment!
Chile's Minister of the General Secretariat of the Presidency, Giorgio Jackson, Monday admitted the Government was reviewing security measures to be taken in the future following a robbery at the home of Defense Minister Maya Fernández and a shooting against one of President Gabriel Boric Font's bodyguards.Add your comment!
Cuba's one-party legislature Sunday passed a new Penal Code, which was considered to be modern and adjusted to the country's socialist reality, it was announced in Havana.Add your comment!
NATO secretary-general Jens Stoltenberg has said that Sweden and Finland's applications to join the alliance will be fast-tracked. Explaining the decision behind her country's intention to become a member, Swedish Prime Minister Magdalena Andersson said abandoning decades of political neutrality was a direct result of the Russian invasion of Ukraine.Add your comment!