Stories for April 2023

Monday, April 24th 2023 - 17:05 UTC
Worldwide military expenditure increased 3,7% in 2022, SIPRI report

The Stockholm International Peace Research Institute (SIPRI), a leading global security think tank, reported that countries around the world are spending record amounts of money in defense budgets. Some of the reasons for this new trend, inflation, the war in Ukraine, US efforts to outpace China.
Monday, April 24th 2023 - 17:02 UTC
Argentine inflation has the country printing money in France, Malta, Spain, China and Brazil

The explosive inflation situation in chaotic Argentina, close to 120% in twelve months, with the CPI at 7,7% in March ( and roaring during the three weeks of April) is showing that the country is incapable of supplying the necessary demand for bills and thus must appeal to the printing in foreign mint houses, of billions of Argentine bills.
Monday, April 24th 2023 - 16:53 UTC
ECLAC downgrades growth estimates to 1,2% this year for Latin America and the Caribbean

New projections released by the United Nations Economic Commission for Latin America and the Caribbean, ECLAC, estimate all sub-regions will experience lower growth this year compared with 2022.
Monday, April 24th 2023 - 16:32 UTC
Moscow warns Ukraine's Black Sea “export channel” conditioned by West obstacles to Russian trade

Moscow warned that the outlook for extending a deal beyond May 18 that allows the safe wartime export of grain and fertilizer from several Ukrainian Black Sea ports was “not great” as Russia’s own such exports still faced obstacles.
Monday, April 24th 2023 - 11:03 UTC
FIFA's U20 World Cup in Argentina and a toponymy controversy over “Malvinas” stadium

The FIFA Council has confirmed Argentina as the host of the FIFA U-20 World Cup 2023. The decision follows the removal of the original tournament host, Indonesia, as well as a subsequent bid submitted by the Argentine Football Association (AFA) and an on-site inspection by a FIFA delegation to the South American country last week.
Monday, April 24th 2023 - 10:59 UTC
Brazilian official says Mercosur-EU deal may be closed this year

Márcio Elias, executive secretary of Brazil's Ministry of Development, Industry, Trade, and Services, said Sunday that the federal government intends to close the free trade agreement between Mercosur and the European Union this year.
Monday, April 24th 2023 - 10:49 UTC
Revolutionary method to be used in Brazil against dengue

Scientists in Brazil are working on a large-scale mosquito factory in a move to protect up to 70 million people from viruses such as dengue, it was reported by the journal Nature.
Monday, April 24th 2023 - 10:41 UTC
Portugal and Brazil do not think alike regarding Ukraine

While Brazilian President Luiz Inácio Lula da Silva insisted in Lisbon on the need for a “negotiated” peace between Russia and Ukraine, his Portuguese hosts were quick to show their disagreement with an initiative that could “benefit the offender.”
Monday, April 24th 2023 - 10:18 UTC
AMLO down with Covid-19 again

Mexico's 69-year-old President Andrés Manuel López Obrador (AMLO) Sunday announced he had tested positive for Covid-19 for the third time in his life and was therefore returning to the Federal District (DF) to remain in isolation. All his engagements have been canceled until further notice.
Monday, April 24th 2023 - 10:15 UTC
Toledo taken to Barbadillo prison in Lima

Alejandro Toledo is already sharing the Barbadillo Prison facilities with fellow former Peruvian Presidents Alberto Fujimori and Pedro Castillo after his extradition from the United States was completed Sunday. He is to stand trial for allegedly receiving bribes worth US$ 35 million from the Brazilian construction company Odebrecht.