Stories for February 2nd 2023

Thursday, February 2nd 2023 - 23:54 UTC
Uruguay: Drought losses estimated at USD 1.200 million, Minister says

Uruguay’s Minister of Livestock, Agriculture, and Fishing, Fernando Mattos, appeared before the Permanent Commission of Parliament at the request of the opposition Frente Amplio (Broad Front) to explain the measures taken by the government in response to the drought that has affected the country since last year.
Thursday, February 2nd 2023 - 11:03 UTC
Republicanism: Australia will honor indigenous cultures in its A$ 5 bill instead of Charles III

Australia's new Five Dollar bill will replace an image of British monarch Charles III with one honoring Australian Indigenous cultures. It is the last banknote in Australia that still bears the head of recently deceased Queen Elizabeth II.
Thursday, February 2nd 2023 - 10:59 UTC
Uruguay cattle breeders fear 'monopoly conditions' as Brazilian companies control most of the beef industry

Brazil's protein producer giant Minerva Foods issued a note to the market communicating the purchase of state-of-the-art Breeders and Packers Uruguay (BPU Meat) abattoir and processing plant for USD 40 million. The conclusion of the deal is still pending approval by the Uruguayan authorities.
Thursday, February 2nd 2023 - 10:57 UTC
Falklands Veterinary Officers report on Gentoo rookery Penguin pox

On Tuesday 24 January, Veterinary Officers and Falkland Landholdings representatives visited Berthas Beach following reports of several juvenile Gentoo penguin deaths. The unwell and dead penguins that were reported displayed severe penguin pox lesions.
Thursday, February 2nd 2023 - 10:55 UTC
Peru's Congress once again votes against advancing elections

Peru's Congress refused once again Wednesday to bring forward the elections to 2023 as requested by President Dina Boluarte who was acquiescing to the demands of the numerous demonstrators that flocked the streets and roads since the Dec. 7 impeachment of Pedro Castillo Terrones.
Thursday, February 2nd 2023 - 10:44 UTC
“Lula won't last long,” Bolsonaro warns

Former Brazilian President Jair Bolsonaro said Wednesday during a speech before a group of his followers in the US State of Florida that the current administration of President Luiz Inàcio Lula da Silva might have its days numbered.
Thursday, February 2nd 2023 - 10:32 UTC
Argentine opposition cries foul play in 2010 census

Leaders of the Argentine opposition Together for Change (Juntos por el Cambio - JxC) coalition Wednesday argued that census data regarding the population of the La Matanza constituency in the province of Buenos Aires had been tampered with in 2010 to collect undue co-participation funds for the next 12 years.
Thursday, February 2nd 2023 - 10:28 UTC
Brazil Central Bank leaves benchmark rate unchanged at 13,75%; warns about fiscal policy

Brazil's Central Bank on Wednesday left the Selic benchmark interest rate at 13,75%, but in the adjoining release, the bank's rate setting committee, Copom said the high interest rate policy is expected to last longer than market expectations because of fiscal risks
Thursday, February 2nd 2023 - 10:21 UTC
Fed admits inflation cooling, but more evidence needed that “the disinflationary process has started”

The Federal Reserve following a two day meeting announced it decided on Wednesday to raise its key interest rate a quarter point arguing that although inflation is easing it is still too high, and did not discard further rate hikes could be needed since more evidence is needed to be confident inflation is in a sustained downward path. The increase was the eighth since March.
Thursday, February 2nd 2023 - 10:15 UTC
Southern Brazil pork and poultry farmers concerned with Chinese demand for “overpriced” corn

Expectations of large Brazilian corn exports to China in 2023 are worrying Brazil’s meat companies, according to a statement from Santa Catarina’s meat processors lobby Sindicarne this week. The group said competition from Chinese buyers is already reducing local supplies and making corn used to feed poultry and pork an “overpriced” commodity.