Stories for May 2023

Tuesday, May 23rd 2023 - 11:42 UTC
Argentina introduces new banknote amid high inflation

Argentina launched the AR$ 2,000 banknote on Monday, with a value slightly exceeding US$ 4 in the unofficial exchange rate. It will be the highest denomination banknote in a country where year-on-year inflation has reached 108%.
Tuesday, May 23rd 2023 - 11:21 UTC
Depletion of the Colorado River forces California, Arizona and Nevada to a conservation agreement

Three western US states have agreed to draw less water from the drought-depleted Colorado River in exchange for US$1.2bn in federal funding. Arizona, California and Nevada said the deal would conserve at least 3 million acre-feet of water to the end of 2026.
Tuesday, May 23rd 2023 - 11:11 UTC
Norwegian catches for UK Fish and chips, and the price now averages £9

The soaring price of the UK staple fish and chips has become a national controversy from the moment a portion of the dish in Somerset can cost as much as £14, while the UK average is £9, according to the ONS, reports BBC. But, the 19% increase has nothing to do with profiteering, the National Federation of Fish Friers (NFFF) says.
Tuesday, May 23rd 2023 - 11:08 UTC
Colombia halts ceasefire with FARC dissidents after 4 murders

Colombian authorities Monday announced the unilateral suspension of the ceasefire with dissident Revolutionary Armed Forces of Colombia (FARC), known as the Central General Staff (EMC-FARC), after the recruitment and murder of four children from the Murui indigenous community, it was reported in Bogota.
Tuesday, May 23rd 2023 - 10:56 UTC
Chile's advantageous position in electromobility development highlighted

During her participation in the Raw Materials Convention between the European Union and Latin America 2023 in Argentina, Chile's Mining Minister Marcela Hernando highlighted her country's advantageous position for the development of electromobility due to its large copper and lithium reserves.
Tuesday, May 23rd 2023 - 10:47 UTC
Uruguay to import bottled water: desalinization plant does not fit in aircraft

Uruguay's Economy Ministry Monday greenlighted the tax-free import of bottled water as one of the measures against the drought affecting Montevideo and the metropolitan area, it was reported. Meanwhile, Presidential Secretary Álvaro Delgado confirmed that the desalination plant to be brought from Houston does not fit “by 15 centimeters” in the C-130 Hercules aircraft sent to pick it up and it will therefore take “a few weeks” to reach South America by ship.
Tuesday, May 23rd 2023 - 08:05 UTC
At least 20 killed in student dormitory fire in Guyana

At least 20 people were killed and several more were injured in a fire that started around midnight Sunday in a student dormitory at a secondary school in Mahdia, southwest of the city of Georgetown, it was reported.
Tuesday, May 23rd 2023 - 07:23 UTC
Sinn Fein which calls for a united Ireland, becomes largest party in Northern Ireland

The Irish nationalist party, Sinn Fein, has become the largest party in Northern Ireland in Sunday's local election results. But rather than break a political deadlock in the North, Sinn Fein’s striking gains may harden the sectarian divide that has long complicated its fragile government.
Tuesday, May 23rd 2023 - 02:20 UTC
James Cleverly, British Foreign Secretary: UK Stands as Latin America's Oldest Friend

James Cleverly, United Kingdom's Foreign Minister, delivered a significant speech today in Santiago de Chile, outlining the United Kingdom's vision for its future relations with Latin America. Against the backdrop of the bicentennial celebration of the UK-Latin America relationship, Cleverly expressed his pride in the UK's historical support for the region's struggle for independence two centuries ago, positioning the UK as “the oldest friend of the region.”
Monday, May 22nd 2023 - 10:48 UTC
Chilean large port reflects the slower performance of the country's economy

San Antonio, the largest port complex in Chile, had its fourth consecutive month with negative figures, as cargo handling experienced a 13.7% decline in April. Throughout the first quarter, it saw a 14.5% decrease.