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Montevideo, November 22nd 2024 - 00:43 UTC

Stories for May 19th 2023

  • Friday, May 19th 2023 - 10:03 UTC

    Conviction of former Paraguayan ministers upheld by Supreme Court

    Cardozo was Minister of Agriculture and Livestock during the government of President Fernando Lugo (2008-2012)

    The prison sentences of former ministers of Agriculture and Livestock Enzo Cardozo and Rody Godoy for fraud and breach of trust were confirmed Thursday by Paraguay's Supreme Court, which turned down the unconstitutionality actions filed by the defendants, who were therefore transferred to the national Tacumbú penitentiary for the next 10 and 7 years respectively.

  • Friday, May 19th 2023 - 09:30 UTC

    A BRICS revival is capable of challenging Western led international institutions?

    BRICS saw their economic alignment as an opportunity to expand their global influence by creating an alternative to West-led international institutions

    By Ana Palacios, WASHINGTON, DC – There was a time when everyone was talking about a group of fast-growing emerging economies with huge potential. But the BRICS – Brazil, Russia, India, China, and South Africa – struggled to transform themselves from a promising asset class into a unified real-world diplomatic and financial player. Is this finally changing?

  • Friday, May 19th 2023 - 09:00 UTC

    Brazilian meatpackers in US facing rough times because of less cattle and inflation

    JBS and Marfrig plants in the US suffered squeezed margins due to higher cattle prices amid low supply

    Brazilian meatpackers have seen their balance sheet profits drop significantly during the first quarter of the year given the negative performance of sales in the United States. Losses have been considered more serious than those caused by the nearly month long suspension of Brazilian beef sales to China, the country's other main market.

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