The Argentine government of President Alberto Fernández supports a court ruling whereby lands in the province of Bariloche are to be handed over to Mapuche groups, Casa Rosada Spokeswoman Gabriela Cerruti announced.
Møller-Maersk has warned of growing economic risks including potential stagflation and Chinese factory closures even as the world’s largest container shipping group by profits reported a record quarter.
Private estimates fell short in Chile on Thursday when the Central Bank monetary policy desk announced an increase in the base rate of 125 points, to 8,25%, the highest since September 2008 in an effort to contain the strong sustained inflation. According to the bank's chair, Rosanna Costa the monetary policy desk decision was unanimous.
Scientists have managed to measure the belching and flatulence of cattle from space. This is considered important since the International Agency of Energy and the US Department of Agriculture estimate that methane from cows' burps and farts has a great influence on climate change and global warming.
Russian soldiers have reportedly looted some five million dollars worth of agricultural state-of-the-art equipment from Ukraine, but it is not clear whether they have been able to man it, given their sophisticated software system.
As anticipated Brazil's central bank, in a unanimous decision, raised interest rates by 1% to 12,75%, the highest in five years, to contain double digit inflation. However policymakers suggested their tenth straight rate increase would not be the last in what has been one of the world’s most aggressive ongoing rate hike cycles.
The Bank of England on Thursday increased for the fourth consecutive time the base rate interest to 1% in an attempt to contain inflation and despite admitting the prospect of recession. The energy crunch, the Russian war in Ukraine, and lesser household incomes are expected to contribute to weaker growth.
People across the United Kingdom headed to the polls on Thursday for local and regional elections in a vote that will indicate the mood of the British public midway through the first full term of Boris Johnson's premiership.
Car manufacturing in Argentine recorded a substantial increase in April, according to the latest monthly report by the Association of Manufacturers (Adefa), making it the third consecutive month with a favorable output.
Despite several convictions in his native Colombia, Dairo Antonio Usuga, leader of the Gulf Clan drug-trafficking gang better known as “Otoniel” has been extradited to the United States on Wednesday to face various charges in both New York and Florida.