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Montevideo, July 17th 2024 - 19:54 UTC

Stories for May 2023

  • Saturday, May 6th 2023 - 10:54 UTC

    Central Bank report corrects Argentina's inflation projections upwards

    For the next twelve months, the REM anticipates inflation will reach 146.5%.

    According to the Argentine Central Bank's (BCRA) Market Expectations Survey (Relevamiento de Expectativas de Mercado - REM) report published Friday, the panel of economists issuing that document has made an upward correction to their inflation forecasts for 2023, placing it at 126.4%, or 16.4 percentage points above April's projections, while last month's Consumer Price Index (CPI) is believed to be of 7.5%. The National Institute of Statistics and Census (Indec) will release the official data on May 12.

  • Saturday, May 6th 2023 - 10:51 UTC

    Peruvian Congress shelves case against Boluarte

    Forty-nine people have been killed by law enforcement officers since Boluarte took office on Dec. 7

    Despite this week's report by the Inter-American Commission on Human Rights (IACHR) condemning the killings of demonstrators, Peru's one-house Congress Friday decided to shelve the case against President Dina Boluarte and several cabinet members, it was reported in Lima.

  • Saturday, May 6th 2023 - 10:46 UTC

    Paraguayan controversial leader arrested for causing havoc

    Payo Cubas insisted his supporters should be ready to go to jail or die for their country

    Paraguay's National Police Friday arrested former Senator Paraguayo “Payo” Cubas, the National Crusade Party's (PCN) presidential candidate, who finished third in last Sunday's elections with nearly 23% of the votes, for sparking demonstrations nationwide denouncing electoral fraud.

  • Saturday, May 6th 2023 - 10:20 UTC

    Flight bookings to UK increased 149% for trips during Coronation of Charles III

    Globally, searches for international flights to the U.K. increased by 81% within 24 hours of the date of the King's Coronation being confirmed.

    When in October 2022, Buckingham Palace announced that the Coronation of King Charles III, would take place on Saturday, 6 May 2023, international flight bookings to the UK increased 149% for trips during those regal events.

  • Saturday, May 6th 2023 - 10:13 UTC

    Lula meets King Charles III the day before his coronation

    Britain pledged £ 80 million to Brazil's environmental cause

    Brazilian President Luiz Inácio Lula da Silva took part late Friday in a reception with about a thousand guests at Buckingham Palace in London, during which he exchanged a few moments with King Charles III on the eve of the latter's coronation, Agencia Brasil reported.

  • Saturday, May 6th 2023 - 10:10 UTC

    WHO announces end of Covid-19 “emergency of international concern”

    Countries must not, however, let down their guards, Doctor Tedros insisted

    The World Health Organization (WHO) Friday decided to declare “Covid-19 no longer a health emergency of international concern,” announced Director-General Tedros Adhanom Ghebreyesus, who added that the malady left “at least 20 million” people dead globally, which is almost threefold the official toll.

  • Friday, May 5th 2023 - 23:02 UTC

    Canadian company JHI to explore for oil and gas in Falklands' waters

    In December, Argos Resources agreed for Canada-based JHI to acquire Argos' PL001 Production License interests for new shares in JHI, plus a cash payment. Photo: RAPHAEL WOLLMANN/ GETTY IMAGES

    Oil and gas exploration company Argos Resources is set to sell its sole asset, the PL 001 production license in the North Falkland Islands, which is estimated to hold around 3 billion barrels of oil, to JHI. After completing the transaction, Argos plans to seek to delist from AIM and wind up the company.

  • Friday, May 5th 2023 - 17:35 UTC

    Latam: no turning back on higher air fares to Punta Arenas, “ample competition”

    The Punta Arenas international airport from where every Saturday there is a flight to MPA in the Falkland Islands

    Chile's National Economic Prosecution threw out a request to begin an investigation into the hike of air travel to Punta Arenas, decided by Latam Airlines. “It is highly unlikely to verify a conduct of excessive prices taking into account the many verification standards of such an incompetitiveness crime”, points out the resolution.

  • Friday, May 5th 2023 - 14:38 UTC

    Uruguay: President Lacalle Pou demands resignation of Housing Minister Moreira over “direct award” scandal

    The tension rises as Cabildo Abierto's leader, Manini Ríos, said that he expects President Lacalle Pou to “analyze the situation” and step back.

    Uruguay is experiencing a crisis in the government cabinet formed by a coalition of conservative parties. President Luis Lacalle Pou requested the resignation of Housing Minister Irene Moreira after a controversial direct awarding of a house to a militant of her party, Cabildo Abierto, without a lottery, as reported by Montevideo media on Friday.

  • Friday, May 5th 2023 - 11:15 UTC

    IACHR speaks of extrajudicial executions and a massacre in Peru

    President Dina Boluarte insisted on denying any responsibility for the deaths of the demonstrators

    The Inter-American Commission on Human Rights (IACHR) filed a report this week mentioning extrajudicial executions in Peru and using the word “massacre” in reference to police repression against demonstrators following the impeachment of then-President Pedro Castillo Terrones on Dec. 7.