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Montevideo, October 4th 2023 - 02:24 UTC

Stories for March 2023

  • Thursday, March 30th 2023 - 10:02 UTC

    Falklands promotes the use of Water Wise

    Murrell River and Moody Brook, Stanley water sources

    Using water, a finite resource efficiently has many benefits, not only to consumers but also to the wider Falkland Islands community and environment. Simple behavioral changes such as taking showers instead of baths, turning taps off whilst cleaning teeth, and using watering cans instead of hosepipes can significantly reduce the amount of water we use on a daily basis. This would also save energy, both in homes as well as at the water treatment plant which is great for both saving money as well as for the environment.

  • Wednesday, March 29th 2023 - 14:09 UTC

    Pause AI development: Open letter from world's tech leaders urges labs to stop

    Although AI has the potential to revolutionize the world as we know it, experts are concerned about the “significant risks to humanity” that could result from uncontrolled AI.

    Elon Musk and many other experts around the world have recently signed a petition requesting a six-month pause on research into artificial intelligence (AI) that is more powerful than ChatGPT 4, the OpenAI model that was launched this month.

  • Wednesday, March 29th 2023 - 11:06 UTC

    Fire at migrant detention center in Mexico leaves 38 dead and 28 injured

    The INM confirmed the deaths of 38 people from six different nationalities (one from Colombia, one from Ecuador, 12 from El Salvador, 28 from Guatemala, 13 from Honduras, and 13 from Venezuela)

    At least 38 people were killed and 28 injured in a fire at a migrant detention center in the Mexican city of Ciudad Juarez, on the border with the United States, according to the Mexican government. The fire broke out on Monday night in the facilities of the National Migration Institute (INM) in the state of Chihuahua.

  • Wednesday, March 29th 2023 - 10:58 UTC

    Uruguay's Executive to cover for Central Bank's deficit

    Economy Ministry authorities described the problem as “an accounting issue”

    Uruguay's Executive Branch Tuesday admitted the Central Bank (BCU) reserves were below their legal threshold by Dec. 31, 2022, and a capitalization plan was therefore needed.

  • Wednesday, March 29th 2023 - 10:55 UTC

    Argentina: “Blue” dollar reaches AR$ 397

    Argentine Central Bank's reserves have been draining at a growing pace throughout 2023

    The unofficial exchange rate -commonly referred to as “blue”- between the Argentine peso and the US dollar reached AR$ 393 / 397 (buy/sale) after an AR$ 7 jump Tuesday, thus hitting a new record, it was reported in Buenos Aires. The blue dollar went up over AR$ 20 since last month for an 84.6% gap with the official quotation, which is virtually off limits for over 95% of the population to buy but available for anyone wanting to export.

  • Wednesday, March 29th 2023 - 10:53 UTC

    IMF: Central Banks must enhance transparency to build trust

    The reviews help central banks gauge their transparency and accountability, facilitating more effective communication and better-informed dialogue with lawmakers, investors, and individuals.

    By Tobias Adrian, Jihad Alwazir, Ashraf Khan and Dmytro – The Bank of Canada published a detailed summary of its Governing Council deliberations for the first time last month, joining nearly two dozen other central banks in regularly releasing detailed information on monetary policy decisions.

  • Wednesday, March 29th 2023 - 10:51 UTC

    Global trade expected to slow down in 2023, but “green goods” will remain strong, UNTAD report

    Green goods, or “environmentally friendly goods”, refer to products that are designed to use fewer resources or emit less pollution than their traditional counterparts

    Global trade was worth a record US$32 trillion in 2022, but amid deteriorating economic conditions, financial turmoil and rising uncertainties, growth turned negative in the last half of the year and is set to stagnate in the first half of 2023.

  • Wednesday, March 29th 2023 - 10:46 UTC

    Boom year for Brazilian farmers with record soybean crop and drought punishing Argentine production

    Abiove now estimates Brazil’s soy production at a record 153.6 million tons, one million more than the last projection last January.

    Brazil’s soybean output and exports in 2023 will be higher than expected, Brazilian oilseed lobby Abiove announced this week, as local farmers harvest a bumper crop. Abiove now estimates Brazil’s soy production at a record 153.6 million tons, one million more than the last projection last January.

  • Wednesday, March 29th 2023 - 10:44 UTC

    Brazil leading exports depend on China: 70% of soybeans and 63% of iron ore

    Soy, beef, pulp, sugar, chicken meat, cotton, and pork are seven of the ten most exported goods from Brazil to China

    Brazil’s main trading partner, China, is the destination for over a quarter of total Brazilian exports, involving more than US$90 billion in 2022 in transactions of commodities such as soy, crude oil, and iron ore – products that dominate the bilateral agenda between the two nations.

  • Wednesday, March 29th 2023 - 10:28 UTC

    Dengue kills 6 in Argentina

    Between 80 and 90 cases of dengue are treated daily at one single Buenos Aires hospital and the number of infections is growing

    Health authorities in the Argentine province of Tucumán Tuesday reported three more deaths due to dengue, which after last week's casualties, brings the total number of fatalities to six nationwide.