Stories for 2022

Thursday, July 28th 2022 - 08:57 UTC
IDB keeps approving loans for Argentina amid frozen disbursements

The Inter-American Development Bank (IDB) has approved a credit line worth US$ 1140 million for energy investments and vowed to keep reviewing CEO Mauricio Claver-Carone's decision to halt a separate disbursement of over US$ 800 million to a country with such a credit record.
Thursday, July 28th 2022 - 07:59 UTC
Fed raises the benchmark interest rate 75 basis points, fourth time running

For the fourth time running since March the United States Federal Reserve on Wednesday increased benchmark interest rates 75 basis points to its highest level since 2018, in yet another significant effort to contain inflation which is running at a forty-year high of 9,1%, but at the same time avoiding a recession.
Wednesday, July 27th 2022 - 21:27 UTC
Biden back to work after testing negative for COVID-19

US President Joseph Biden has tested negative twice for COVID-19 and was therefore spared from further isolation, White House sources announced Wednesday.
Wednesday, July 27th 2022 - 21:25 UTC
Fauci, WHO agree: vaccines not enough to stop monkeypox

The World Health Organization (WHO) has warned earlier this week that vaccines alone are not enough to stop the spread of the monkeypox epidemic and urged people at risk to take additional precautions. Meanwhile, White House Senior Medical Adviser Dr. Anthony Fauci said in a broadcast interview that about 99% of the cases have occurred in men who have sex with men.
Wednesday, July 27th 2022 - 21:19 UTC
Future Colombian VP meets with Lula in Brazil

Former Brazilian President Luiz Inácio Lula da Silva of the Workers' Party (PT) welcomed Colombia's Vice President-elect Francia Márquez, who is on a South American tour before taking office on Aug.7.
Wednesday, July 27th 2022 - 21:00 UTC
Passarella has a neurological condition similar to Parkinson's and Alzheimer's

Daniel Alberto Passarella, who captained Argentina to their first ever World Cup title, on home soil in 1978, has been reported to have a neurodegenerative condition with combined signs and symptoms of Parkinson's and Alzheimer's disease, which keeps him isolated at home most of the time.
Wednesday, July 27th 2022 - 09:47 UTC
Court rules Uruguay may resume vaccination of children against COVID-19

A Montevideo Court of Appeals Tuesday reversed a previous decision by a lower court halting vaccination of children aged between 5 and 13 years against COVID-19, Health Minister Daniel Salinas announced. The administration of these drugs will be resumed Thursday without prior appointments needed.
Wednesday, July 27th 2022 - 09:45 UTC
“Brazil needs fertilizers to help feed the world, we can't condemn Russia” admits Bolsonaro

Brazilian president Jair Bolsonaro reiterated his opposition to economic sanctions against Russia and described the Brazilian government's position in the Ukrainian conflict as one of “equilibrium” since Brazil needs a steady supply of Russian fertilizers for its powerful agribusiness sector.
Wednesday, July 27th 2022 - 09:40 UTC
Argentine Central Bank creates “agrodollar” to boost export liquidations

Argentina's monetary authorities Tuesday announced the creation of the “agrodollar,” a special exchange rate for agrifood exporters to liquidate their revenues through formal channels at an exchange rate closer to the parallel (“blue”) quotation.
Wednesday, July 27th 2022 - 09:32 UTC
Falklands extends oil licenses two years for farm-in Rockhopper/Navitas accord

Positive news for Falklands' oil industry development. All regulatory consents for the transaction between Harbour Energy plc and Israel's Navitas Petroleum LP of its Falkland Islands offshore license interests have been approved by the Falkland Islands government and the United Kingdom minister of state.