Stories for July 2022

Monday, July 18th 2022 - 09:05 UTC
Somber future ahead for Argentina's economy

Foreign Analysts do not see a bright future ahead for Argentina's economy. While some place it among the countries most likely to default its debt, others fear it might not survive a new adjustment to the basic interest rates by the United States.
Monday, July 18th 2022 - 09:03 UTC
The “nitrogen war” in Netherlands, an anticipation of times to come

Farmers in the Netherlands are revolting over the government's plan to drastically reduce nitrogen emissions by 2030 and is pointing to agriculture and farmers as the worst offenders. But farmers have taken to the streets, blocking roads, and distribution centers, and there has been some serious incidents, including police opening fire on protestors,
Monday, July 18th 2022 - 08:56 UTC
Chile injects US$ 25 billion liquidity to contain the exchange rate and inflation

After the US dollar in Chile broke the milestone exchange rate of a thousand Pesos in June, the Central Bank reacted by announcing it will literally “flood” the market with 25bn dollars, of which 10bn to be supplied to the spot market, another 10bn covering future dollar operations, and 5bn in swap deals.
Monday, July 18th 2022 - 08:45 UTC
Argentina looks out to the Sea, and celebrates its maritime space is double the land territory

Argentina on Sunday celebrated the “Day of Argentina's Sea interests,” instated in Law 25,860 in honor of Admiral Segundo Storni, who is considered the great sponsor of a national debate on sea issues and seafaring activities, focused as a State policy.
Monday, July 18th 2022 - 08:33 UTC
Brazilian businessmen eye Paraguayan move to escape inflation

Businessmen in inflation-torn Brazil are eyeing Paraguay's stabler economy as a suitable destination for future investments, it was reported Sunday in Asunción.
Monday, July 18th 2022 - 08:25 UTC
Tierra del Fuego awards Chilean and Nicaraguan ambassadors Malvinas Feat 40th anniversary medallion

Ambassadors from Chile and Nicaragua in Argentina visited the province of Tierra del Fuego where they were awarded medals commemorating the 40th anniversary of the Malvinas Feat, and were congratulated for their respective governments' unrelenting support to the Malvinas Cause.
Monday, July 18th 2022 - 08:09 UTC
CFK pushes for universal income for Argentines

Argentine Vice President Cristina Fernández de Kirchner (CFK) has been reportedly pressing Economy Minister Silvina Batakis to move forward with a proposal to create the so-called Basic Universal Wage (BUW), as a way out of the current scheme of handouts in the form of endless unemployment subsidies.
Monday, July 18th 2022 - 07:03 UTC
Fewer Chileans would reject new Constitution; still not enough

A new survey released Sunday in Santiago showed that the number of Chileans who would approve the new Constitution is on the rise against the rejection group, while President Gabriel Boric Font's approval rating has slightly from a slump just a few months after his inauguration.
Saturday, July 16th 2022 - 10:30 UTC
Colombia: Industrial output shows sharp increase

Colombia's National Administrative Department of Statistics (DANE) Friday issued a report showing that the country's industrial output during the month of May of 2022 had grown 29.9% compared to the same month of 2021.
Saturday, July 16th 2022 - 10:22 UTC
Peruvian Congress prevents the OAS General Assembly from being held for rejecting non-binary bathrooms

The General Assembly of the Organization of American States (OAS) scheduled for October is at risk, as the Peruvian Congress insists on rejecting the installation of a “neutral” or non-binary restroom during the meeting, to be held in Lima, the capital of the country.