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Montevideo, December 3rd 2024 - 17:13 UTC

Stories for July 2023

  • Friday, July 28th 2023 - 11:19 UTC

    NYC court US$ 300 million bond for British tycoon and Patagonian landowner

    British billionaire Joe Lewis as he awaits trial on insider trading charges. Mr Lewis, 86, pleaded not guilty and was granted US$ 300m (£230m) bail.

    A New York City court has imposed sweeping restrictions on British billionaire Joe Lewis as he awaits trial on insider trading charges. Mr Lewis, 86, pleaded not guilty and was granted US$ 300m (£230m) bail.

  • Friday, July 28th 2023 - 10:45 UTC

    Argentina: “Blue” dollar breaks another record

    The BCRA sold some 13 million yuan (around US$ 2 million).

    The so-called “blue” (a euphemism for “black market”) dollar in Argentina broke another record Thursday and closed at AR$ 553, it was reported in Buenos Aires. In some provinces such as Buenos Aires and Santa Fe the quotation went up to AR$558, according to local media.

  • Friday, July 28th 2023 - 10:44 UTC

    MLAs debate, income distribution and social inequality stats in the Falkland Islands

    MLA Pollard: “When selling the Falklands as a place to live we may be tempted to keep the 1% in when talking about average wage, but take it out when talking about income inequality”

    Social inequality is likely to be lower in the Falkland Islands than in countries with similar incomes according to the Chief Executive - so the people here are better off he says. But he also suggested that commonly used tools for measuring social inequality in larger countries might not be appropriate for the Falklands.

  • Friday, July 28th 2023 - 10:39 UTC

    Uruguay: Desalination plant arrives from United States to fight the water crisis

    The unit did not fit into the aircraft and had to be carried by ship

    Uruguayan authorities Thursday confirmed the arrival in Montevideo of a desalination plant bought in the United States to fight the water crisis hitting the country. The piece of equipment was expected to take about four weeks to be delivered from Houston, but in the end, it was over two months.

  • Friday, July 28th 2023 - 10:30 UTC

    Falklands lawmakers want Stanley Growers back in the private sector

    Jan and Tim Miller, the pioneers and successful Falklands greenhouse farmers of fresh produce in the Islands

    The Falkland Islands Government is committed to continuing to operate the Stanley Growers business, including fresh imports, MLA Mark Pollard said in the Legislative Assembly on Thursday.

  • Friday, July 28th 2023 - 10:28 UTC

    Amnesty International concerned over human rights violations in Peru

    Boluarte's Government has not recognized its responsibility nor apologized to the families of the victims, AI noted

    Amnesty International (AI) Thursday conveyed its concern to Peruvian President Dina Boluarte regarding human rights violations in the South American country ahead of its July 28 Independence Day celebrations.

  • Friday, July 28th 2023 - 10:25 UTC

    Argentina signs Artemis Accords with NASA

    “The Artemis Accords constitute a contribution to the development of space activities with peaceful purposes at a global level,” Filmus said

    Argentine Science Minister Daniel Filmus Thursday signed the Artemis Accords during a ceremony at Casa Rosada with President Alberto Fernández, NASA Administrator Bill Nelson, US Ambassador Marc R. Stanley, and Foreign Minister Santiago Cafiero. Argentina became the 28th nation to sign the Accords, and the fifth Latin American country, following Brazil, Colombia, Ecuador, and Mexico.

  • Friday, July 28th 2023 - 10:17 UTC

    Poverty in Chile hits historic low

    “This news shows that we are moving in the right direction,” Boric said

    According to the National Socioeconomic Characterization Survey (Casen) conducted by the Ministry of Social Development and Family with the collaboration of the University of Chile released Thursday, poverty in the South American country reached a historic low, falling from 10.7% in 2020 to 6.5%.

  • Friday, July 28th 2023 - 10:09 UTC

    “Alive” survivor Coche Inciarte dies aged 75

    “There are 16 cordilleras, one for each of the 16 of us who have survived, and although based on the same facts, they are somewhat different,” wrote Coche in his memoirs

    José Luis “Coche” Inciarte, one of the 16 survivors from the Uruguayan Air Force Flight 571 crash into the Andes mountains on Friday, October 13, 1972, died Thursday at the age of 75, it was reported in Montevideo. With Inciarte's death, 14 survivors of the tragedy remain alive. On June 5, 2015, Javier Methol passed away due to cancer and severe bone problems.

  • Friday, July 28th 2023 - 09:51 UTC

    Euro zone raises benchmark interest rate to 4,25% for the ninth time running

    The Frankfurt-based bank said in a statement that while inflation is slowing, it's still expected to be “too high for too long.”

    The European Central Bank on Thursday increased the key interest rate in the Eurozone by 0.25 percentage points to 4.25%. The decision to hike rates for a ninth straight time is part of the ongoing campaign to bring down inflation, but as inflation pressures show tentative signs of easing, recession worries mount.