Stories for July 9th 2022

Saturday, July 9th 2022 - 10:30 UTC
Conviasa suspends Caracas-Buenos Aires route

Venezuela's flag carrier Conviasa has announced it will halt its Caracas-Buenos Aires route at least until September in light of the refueling problems all its aircraft face for belonging to a company blacklisted by the US Treasury.
Saturday, July 9th 2022 - 10:15 UTC
Contradicting messages from Batakis herald split devaluation

Argentine Economy Minister Silvina Batakis has been reported Friday to be evaluating several possible scenarios, all of which involve some forms of devaluation of the local peso.
Saturday, July 9th 2022 - 10:03 UTC
Uruguay Central Bank raised interest rate policy 50 basis point to 9,75%

Uruguay's Central Bank of Uruguay this week ordered a 50 basis point increase in the interest rate policy, the eighth straight increase since last August. The move, which brings the monetary policy rate to 9.75%, means the central bank has ordered 525bp of increases in total over the past 11 months. The 50bp hike was somewhat smaller than the four previous hikes, which included April’s 125bp increase and three 75bp hikes.
Saturday, July 9th 2022 - 09:58 UTC
Musk backs down on Twitter buy-over deal

South African billionaire Elon Musk finally decided not to move forward with his plans to buy over Twitter and withdraw the US$ 44 billion he had once offered.
Saturday, July 9th 2022 - 09:55 UTC
Moderna's pediatrics vax to become available in Argentina later this month

Argentina's Health Minister Carla Vizzotti Friday announced her country was about to receive the first batch of 1,400,000 doses of Moderna's pediatric COVID-19 vaccine to be applied to children between six months and three years of age.
Saturday, July 9th 2022 - 09:52 UTC
Biden signs executive order to lessen effects of Roe overturning on abortion

US President Joseph Biden Friday issued an Executive Order which would mitigate the effects of the recent overturning by the US Supreme Court of the 1973 Roe v Wade ruling which had cleared the way for abortions nationwide.
Saturday, July 9th 2022 - 09:49 UTC
Russian envoy cast aside by many as G20 Summit of FMs comes to an end

Foreign Ministers of the G20 countries had a bitter day rounding up their two-day meeting Friday in Bali, Indonesia, as the case of the war in Ukraine took center stage and divided positions among attendees.
Saturday, July 9th 2022 - 09:45 UTC
New bird species spotted in northern Argentina

The red-winged brant (Myiozetetes cayanensis), a member of the brant family that had never before been recorded in Argentina, has been sighted in Iguazú, in the province of Misiones, by a Paraguayan tourist who alerted forest rangers about his findings.
Saturday, July 9th 2022 - 09:30 UTC
Brazil grains crop estimate, 272.5 million tons helped by corn and wheat despite a slide in soybeans

Given more optimistic prospects for the supply of corn and wheat, Brazil's National Supply Company, Conab, increased, slightly, the estimate for the 2021/22 market year grain harvest. Overall this has meant that Brazil is expected to have a crop of 272.5 million tons of grains in the current season, 6.7% greater than the previous season.
Saturday, July 9th 2022 - 09:06 UTC
Food-commodity prices in June remain 23,1% higher than a year ago, FAO report

The barometer for world food commodity prices declined slightly in June for the third consecutive month, the Food and Agriculture Organization of the United Nations (FAO) reported on Friday