Stories for May 2022

Monday, May 16th 2022 - 09:47 UTC
Murdered Paraguayan Prosecutor laid to rest

Paraguayan anti-drug and organized crime Prosecutor Marcelo Pecci, who was murdered in cold blood last week while honeymooning in an exclusive beach resort in Colombia, was laid to rest at Asunción's Recoleta Cemetery Sunday.
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Monday, May 16th 2022 - 09:45 UTC
Colombian election in two weeks could represent a historic change in the country's history

The specter of assassination is again haunting the electoral campaign in Colombia, where a left-wing candidate has a real chance of becoming president for the first time in a country that has a history of political careers ending in a hail of bullets.
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Monday, May 16th 2022 - 09:32 UTC
Finland, Sweden confirm they would seek full NATO membership

Finland Sunday confirmed it would apply for membership to the North Atlantic Treaty Organization (NATO), thus changing the geopolitical scenario in Europe less than three months after Russia's invasion of Ukraine.
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Monday, May 16th 2022 - 09:29 UTC
Argentina preparing to become a BRICS member with support from China and Brazil

Argentina has been invited by Chinese president Xi Jinping to participate in three BRICS events taking place in the coming four weeks. The first will be a get-together of political parties, social organizations and think tanks, a second on May 20th, is a summit of foreign ministers from Brazil, Russia, India, China, and South Africa, BRICS full members, and the Argentine minister guest. Finally, on June24 a summit of the five-plus one leaders is scheduled.
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Monday, May 16th 2022 - 09:26 UTC
Weighting SDR's currency basket, Dollar and Yuan up; Euro, Yen and Pound down

IMF increased the Chinese Yuan's weighting in the Special Drawing Rights (SDR) currency basket to 12.28% from 10.92% in its first regular review of the SDR valuation since the Chinese currency was first included in the basket in 2016, the Chinese central bank, PCB, reported on Sunday.
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Monday, May 16th 2022 - 09:22 UTC
Turkey conditions Finland and Sweden NATO memberships: “they harbor terrorists”

Finland and Sweden allegedly are determined to become full members of the North Atlantic Treaty Organization, dropping decades of full or observant neutrality regarding the powerful neighbor Russia and its current leader Vladimir Putin.
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Monday, May 16th 2022 - 09:13 UTC
China cuts mortgage rates for first home buyers; combats real estate giants speculation

China wants to inject more dynamism to the housing market and the Central bank plus the insurance regulator announced on Sunday a significant interest rate cut for first home buyers. This follows on almost two years of rampant speculation among giant real estate companies that almost led to a collapse of the market.
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Monday, May 16th 2022 - 09:09 UTC
Tri-Service fly-past to celebrate Queen's Platinum Jubilee

A fly-past by dozens of aircraft from the Royal Navy, British Army and Royal Air Force will soar over Buckingham Palace on 2 June as the UK celebrates the Queen's Platinum Jubilee.
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Monday, May 16th 2022 - 09:02 UTC
Biden picks candidate for Montevideo Embassy

US President Joseph Biden has chosen his nominee for the position of Ambassador to Montevideo, which now needs Congressional approval.
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Monday, May 16th 2022 - 09:00 UTC
Argentine Pope canonizes first Uruguayan Saint

Pope Francis Sunday raised the first Uruguayan national to sainthood from St. Peter's Square when he canonized Mother Francisca Rubatto, an Italian-Uruguayan nun who lived between 1844 and 1904.
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