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Montevideo, December 1st 2023 - 22:05 UTC

Stories for September 29th 2023

  • Friday, September 29th 2023 - 10:29 UTC

    Argentine Senate greenlights Income Tax reform

    Massa sent the Income Tax bill for parliamentary treatment

    The Argentine Senate Thursday passed a bill by 38 votes to 27 to up the barrier indicating who must pay the Income (Earnings) Tax. Despite opposition from Juntos por el Cambio (JxC) citing “electioneering” intentions, the measure proposed by Economy Minister and presidential candidate Sergio Massa was approved last week by the Lower House.

  • Friday, September 29th 2023 - 09:51 UTC

    US offers reward amid probe into Ecuadorian candidate's murder

    “The United States will continue to stand with the people of Ecuador,” Blinken said

    The US State Department Thursday made available US$ 5 million in rewards for information leading to the arrest of those who murdered Ecuador's presidential candidate Fernando Villavicencio last month in Quito. The State Department also offered up to US$ 1 million for clues leading to the identification of high-ranking members of the criminal group.

  • Friday, September 29th 2023 - 09:27 UTC

    Trade deal between Paraguay and the United States extended until 2025

    “This is an important milestone,” Minister Ramírez said

    Authorities from Paraguay and the United States agreed in Asunción this week to extend until 2025 an agreement in place since 2019 to expedite the exchange, marketing, importation, and exportation of agricultural products.

  • Friday, September 29th 2023 - 09:21 UTC

    Is Milei fit for the presidential debates?

    People in Argentina wonder why Milei canceled an interview with the CNN and skipped other engagements

    According to uncorroborated rumors circulating in Buenos Aires Thursday, Congressman Javier Milei, the presidential candidate from La Libertad Avanza (LLA) was suffering from some sort of mental breakdown, which raised the possibility that he might not be fit for the mandatory debates with the other four contenders who made it through the Aug. 13 Mandatory, Open, and Simultaneous Primary (PASO) elections.

  • Friday, September 29th 2023 - 08:50 UTC

    Argentina: “Blue” dollar back on the rise

    The blue dollar is the only rate available to ordinary citizens, given the numerous restrictions on currency exchange

    The so-called “blue” (a euphemism for “black market”) US dollar climbed sharply against the Argentine peso on Thursday, reaching a rate of US$ 1 = AR$ 790, it was reported in Buenos Aires. This was the highest rate since August 16, when it reached AR$ 795, and represented an increase of AR$ 43 in three days and AR$ 15 in just one day.

  • Friday, September 29th 2023 - 08:04 UTC

    China's leading property company again in financial trouble: debt of US$ 328 billion

    The company's shares ended down 19% on Wednesday in the Hong Kong market, taking their losses to 81% since the resumption of trade in late August.

    Trading of shares in Chinese property giant Evergrande and its two subsidiaries was suspended in Hong Kong on Thursday. A market statement on the Hong Kong Stock Exchange did not explain why trading in Evergrande Group's securities, and share certificates of Evergrande Property Services Group and Evergrande Electric Vehicle Group was halted.