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Montevideo, October 1st 2023 - 06:49 UTC

Stories for April 25th 2023

  • Tuesday, April 25th 2023 - 19:46 UTC

    Argentine gov't losing grip: peso keeps plummeting

    ”We have been experiencing an atypical situation of rumors, versions, false reports, and their consequent impact on financial instruments linked to the dollar,” Massa explained

    By Mordechai Taji – Argentina's authorities are losing grip of the economy as the “blue” (a euphemism for “black market”) dollar hit AR$ 497 Tuesday before recoiling to AR$ 487, then bouncing back to AR$ 490, down again to AR$ 487 and back up once more to AR$ 495 amid growing unrest.

  • Tuesday, April 25th 2023 - 12:57 UTC

    “Blue” dollar hits AR$ 462 in Argentina

    In this scenario, the AR$ 300 agrodollar would be insufficient to yield the results the government expected

    The “blue” (a euphemism for “black market”) dollar went up another AR$S 20 Monday to close at AR$ 462 and somehow match inflation in other items of the country's economy, which it was lagging.

  • Tuesday, April 25th 2023 - 12:43 UTC

    Argentina to export oil to Chile again

    Iuliano said that if something has to be fixed, “there would be a change in the schedule.”

    Beginning in June, Argentina will resume exporting oil to Chile after 17 years, the website Rio Negro reported.

  • Tuesday, April 25th 2023 - 12:18 UTC

    Brazil passes law requiring race and ethnicity data in employee records

    Santarém highlights that racism in the workplace is easy to notice

    Brazilian President Luiz Inácio Lula da Silva has signed into law an amendment to the Statute of Racial Equality, requiring the inclusion of race and ethnicity information in administrative employee records in the public and private sectors. The move is intended to “promote ethnic equality and combat social inequalities resulting from racism,” according to the federal government. Law 14.553/23 also mandates a survey conducted every five years by the Brazilian Institute of Geography and Statistics to measure the percentage of occupation of these segments in the public sector. The government aims to produce information that can help overcome racial stigmas and guide public policy implementation.

  • Tuesday, April 25th 2023 - 12:09 UTC

    Mexican Interior Secretary denies rumors about AMLO's health

    “Speculations are the product of some people's ill will,” Secretary López said

    Mexican Secretary of the Interior Adán Augusto López Monday denied President Andrés Manuel López Obrador (AMLO) had suffered a heart attack or was even hospitalized following local media reports in that regard. AMLO is in isolation due to Covid-19, it was reported.

  • Tuesday, April 25th 2023 - 11:52 UTC

    Lula wants partnerships with private companies in developments to come

    The president of any country must attract foreign capital by offering credibility and political, social, and legal stability, Lula argued

    Brazilian President Luiz Inácio Lula da Silva Monday told a group of businessmen in the Portuguese city of Porto that his country was not willing to sell any public company but it would nevertheless welcome private entrepreneurship “to partner with us in what we need to create anew.”

  • Tuesday, April 25th 2023 - 11:47 UTC

    Deportation flights to Havana resumed

    Deportation flights from the US to Cuba were suspended in December 2020, shortly before Biden took office

    The United States has resumed its deportation flights to Cuba of the so-called undesirable migrants after the procedures were halted during the Covid-19 pandemic, the Department of Homeland Security (DHS) confirmed.