Stories for July 2023

Tuesday, July 25th 2023 - 11:20 UTC
Uruguayan tourists take their dollars across the border to Argentina

Argentina's economic volatility has become a magnet for Uruguayan travelers during the winter recess, causing significant losses to local businesses, it was reported in Montevideo.
Tuesday, July 25th 2023 - 11:19 UTC
State of emergency and curfew decreed in Ecuador

Ecuadorian authorities Monday declared a new state of emergency and curfew in two provinces and one city following an escalation in acts of violence, including the murder of the mayor of Manta, the country's third-largest city.
Tuesday, July 25th 2023 - 11:00 UTC
Federal Reserve anticipates a 0.25% interest rate increase this week

Despite calls to the contrary the Federal Reserve is expected to raise interest rates by another 0.25% this week with Fed Chair Jay Powell expected to leave the door open to additional rate hikes later this year.
Tuesday, July 25th 2023 - 10:54 UTC
Solution wanted at Mercosur level: mobility platforms need local HQs

According to Paraguay's Juan Marcelo Estigarribia, Executive Secretary of the South American country's Consumer and User Defense Secretariat (Sedeco), a Mercosur Technical Committee has received a complaint from his agency about the lack of representation of mobility platforms such as Uber and Bolt.
Tuesday, July 25th 2023 - 08:25 UTC
Brazilian plant to manufacture flying cars

Electric horizontal vertical takeoff and landing vehicles with room for up to five people are to be manufactured by Ever Air Mobility's plant 145 kilometers from the city of São Paulo, Embraer announced. The first deliveries of the so-called “flying cars” are due in 2026.
Monday, July 24th 2023 - 10:55 UTC
Argentina, IMF reach new understanding

Argentina and the International Monetary Fund (IMF) have reached an agreement in principle on the fifth review of the South American country's credit program, it was announced Sunday.
Monday, July 24th 2023 - 10:45 UTC
Sixty years compilation of research on Antarctic ice and topography

In a significant milestone for Antarctic research, detailed and extensive information on ice thickness and bed topography is now available for the first time in a centralized and standardized format, the British Antarctic Survey has announced.
Monday, July 24th 2023 - 10:40 UTC
Women's World Cup, flexible working hours for Brazilian civil servants to support the Canarinhas

The Brazilian government has announced civil servants can turn up to work four hours late when the national side – who go by the nickname As Canarinhas — contests the Women's World Cup tournament, co hosted by Australia and New Zealand.
Monday, July 24th 2023 - 10:35 UTC
Mayor of Ecuador's third-largest city shot dead

Agustín Intriago, the 38-tear-old mayor of Manta, Ecuador's third-largest city, was assassinated Sunday by hitmen, who shot him at least three times in the chest at around 1.30 pm local time while he was visiting a construction site, Interior Minister Juan Zapata confirmed.
Monday, July 24th 2023 - 10:32 UTC
Lula underscores importance of labor unions in Brazil

Brazilian President Luiz Inácio Lula da Silva Sunday recalled his origins as a labor union leader. During the inauguration of the ABC Metalworkers Union (SMABC) board of directors, the head of state addressed how this organization and others of its kind had helped create the Workers' Party (PT) which eventually led him to his office, “something, until then, impossible.”