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Montevideo, April 26th 2024 - 22:52 UTC

Stories for April 22nd 2023

  • Saturday, April 22nd 2023 - 10:55 UTC

    Argentina: Ruling coalition welcomes President Fernández's announcement

    For Máximo Kirchner's La Cámpora, the President's message was long overdue

    Argentine President Alberto Fernández's announcement that he would not seek reelection was welcomed within the ruling Frente de Todos (FdT) coalition, which now has the opportunity to submit several candidacies to be decided upon at the Aug. 13 Open, Mandatory and Simultaneous Primary (PASO) elections.

  • Saturday, April 22nd 2023 - 10:54 UTC

    Argentina: How did the President's announcement hit the foreign exchange market?

    It was the second consecutive day of acquiring dollars for the BCRA.

    President Alberto Fernández's announcement Friday that he would not seek reelection this year triggered the US dollar further up against the Argentine peso, reaching AR$437 / AR$442 (buy/sale) at the “blue” (a euphemism for “black market”) exchange rate. Meanwhile, the official rate stood at AR$217/AR$225 (buy/sale), for a gap of 102.26% between the two quotations.

  • Saturday, April 22nd 2023 - 10:49 UTC

    Why was Lula not quite welcome in Lisbon?

    Brazil's President landed in Portugal on an official visit seeking to reverse the isolation from the Bolsonar years

    Brazilian President Luiz Inácio Lula da Silva Friday landed in Lisbon for the first stop of his European tour seeking to overcome the isolation the South American country sank into under Jair Bolsonaro. However, it was not all cheers and smiles following his remarks regarding Ukraine and Russia, whom he both blamed for starting the current war.

  • Saturday, April 22nd 2023 - 10:41 UTC

    Uruguayan banks and transport announce 24-hour strike for when?

    The proposed reforms are “a mere patch that the new technological realities and the labor world will make obsolete in a very short time,” AEBU argues

    Uruguayan public transport drivers and bank clerks will stage a 24-hour nationwide strike to protest against President Luis Lacalle Pou's attempt to reform the country's pension system and increase the retirement age, which is causing concern, particularly when such a move was something the head of state had vowed during his campaign that he would not seek.

  • Saturday, April 22nd 2023 - 10:24 UTC

    Brazil: No secrecy on Jan. 8 riots footage, De Moraes rules

    De Moraes insisted the investigation involves all rioters and also all civilian and military public agents who looked the other way

    Brazilian Supreme Federal Court (STF) Justice Alexandre De Moraes Friday ruled to lift the seal of secrecy from images of vandalism recorded during the Jan. 8 riots in the Planalto Palace, Agencia Brasil reported. The magistrate's decision is part of the STF investigation into the coup d'état investigation.

  • Saturday, April 22nd 2023 - 10:20 UTC

    Former President Toledo due in Lima Sunday to stand trial

    Toledo faces up to 20 years in prison if convicted

    Former Peruvian President Alejandro Toledo turned himself in to US authorities Friday and is to remain in custody pending his extradition to the South American country, which is scheduled for Sunday on a commercial flight to Lima, where he will be housed at the Barbadillo prison alongside his former colleagues Alberto Fujimori and Pedro Castillo.