Stories for March 2023

Friday, March 31st 2023 - 16:04 UTC
Two-thirds of high-net-worth individuals investing in Uruguay are Argentinean: see details

The sector of investment advisors and portfolio managers in Uruguay grew in the number of clients and employees last year. This sector currently manages the money of 36,170 clients, 63% of whom are Argentine, with a total of US$ 28.93 billion invested in different instruments.
Friday, March 31st 2023 - 15:36 UTC
54% of Uruguayans reject social security reform

The Uruguayan government has passed a social security reform bill in the Senate. However, objections from the Cabildo Abierto party, a partner of the ruling coalition, have generated uncertainty about its implementation.
Friday, March 31st 2023 - 10:26 UTC
Uruguayan authorities exchange data with CIA to fight crime

As the United States intelligence apparatus seems to be expanding throughout the region, Uruguay's Interior Minister Luis Alberto Heber Thursday admitted the South American country exchanged information with the US Central Intelligence Agency (CIA).
Friday, March 31st 2023 - 09:31 UTC
Argentina's poverty indexes on the rise

Argentina's National Institute of Statistics and Census (Indec) Thursday released a study showing that 39.2% of the South American country's economically active population was living in poverty in the second half of 2022, an increase from the 37.3% recorded during the same period of 2021
Friday, March 31st 2023 - 09:00 UTC
Von der Leyen says Mercosur deal a priority but Argentina warns “not so fast”

European Commission President Ursula von der Leyen said the agreement with Mercosur was a priority, but Argentina's government has second thoughts about the advantages it would actually entail, it was reported Thursday.
Friday, March 31st 2023 - 08:36 UTC
Argentina to launch “agro dollar” exchange rate

Argentine Economy Minister Sergio Massa Thursday announced the creation of the so-called “agro dollar,” a new exchange rate for agrifood exports, which seeks to help replenish the country's impoverished coffers while simplifying foreign currency operations for all rural producers.
Friday, March 31st 2023 - 08:18 UTC
Bolsonaro returns to Brazil despite being under investigation

Former Brazilian President Jair Bolsonaro landed in Brasilia on a Gol Airlines flight from Orlando at 6.37 am local time Thursday after having left the country while he was still head of state in late December to skip Luiz Inácio Lula Da Silva's inauguration.
Friday, March 31st 2023 - 08:09 UTC
US: Trump indicted in Stormy Daniels case

A New York Grand Jury Thursday voted in favor of indicting former US President Donald Trump for the US$ 130,000 payment during the 2016 presidential campaign to porn actress Stormy Daniels for her silence about an alleged relationship between the two of them.
Thursday, March 30th 2023 - 16:24 UTC
France denies blocking EU-Mercosur agreement but reiterates demands

France denies blocking the EU-Mercosur agreement, which it vetoed since it was signed in 2019. However, it reiterates its demands to correct it and says it is waiting for the outcome of the negotiations being conducted by the European Commission with its South American partners.
Thursday, March 30th 2023 - 15:39 UTC
Gibraltar Airport Tunnel Opens

Jim Watt - Gibraltar. The tunnel for traffic to access the frontier with Spain without having to cross the runway has been an ongoing project beset with delays.