Stories for October 2023

Friday, October 6th 2023 - 08:45 UTC
Brazil and China conduct a landmark trade operation in Yuan and Reais

For the first time a trade operation between Brazil and China was conducted in a closed-loop system using local currencies, Yuans and Reais, without any involvement of US dollars. The transactions were financed and settled in yuan, directly converted into Brazilian real, without any involvement of the US dollar.
Thursday, October 5th 2023 - 10:59 UTC
Uruguay sanctions Finnish paper company UPM for caustic soda spill into watercourse

Uruguay's Ministry of the Environment will fine the Finnish paper mill UPM after a spill of approximately one million liters from one of its plants located in the center of the country affected a watercourse that flows into the Río Negro. This event, according to official sources, occurred in August and was “accidental”.
Thursday, October 5th 2023 - 10:59 UTC
Brazil reports record trade surplus in September

Thanks to lower fuel imports and improved grain harvest results, Brazil's Ministry of Development, Industry, Trade, and Services this week announced a trade surplus of $8.904 billion for September 2023, a 51.2% improvement over the same month last year, Agencia Brasil reported.
Thursday, October 5th 2023 - 10:55 UTC
US Embassy in Montevideo: DEA will not return, but help is available

Despite the interest of Interior Minister Luis Alberto Heber, the Embassy of the United States in Montevideo said Wednesday that the Drug Enforcement Agency (DEA) has no immediate plans to reopen its office on Uruguayan territory.
Thursday, October 5th 2023 - 09:41 UTC
Inflation in Uruguay within target

Inflation in Uruguay fell again in September for the fifth consecutive month, reaching 0.61% for a year-on-year total of 3.87%, according to a National Statistics Institute (INE) report released Wednesday in Montevideo.
Thursday, October 5th 2023 - 09:20 UTC
Blue dollar knows no ceiling in Argentina

The “blue” (a euphemism for “black market”) US dollar closed at AR$ 843 Wednesday after touching AR$ 850 at some point during the day, it was reported in Buenos Aires. The new quotation at the end of the day was AR$ 36 higher than Tuesday's and meant an AR$ 497 increase so far in 2023 after reaching AR$ 346 at the end of 2022. Hence, the new gap with the official exchange rate stood at 141.4%.
Thursday, October 5th 2023 - 09:06 UTC
US: Healthcare workers on strike as syphilis cases mount

After over 75,000 healthcare workers began a strike until next Saturday, the United States is facing one of the largest-ever stoppages in the history of the sector, it was reported.
Thursday, October 5th 2023 - 08:48 UTC
FIFA confirms 2030 World Cup to be staged in Spain, Portugal, and Morocco

Football's governing body FIFA announced Wednesday that the 2030 World Cup will be returning to the continent where it all started a century before but after opening games in Argentina, Uruguay, and Paraguay, the rest of the event will be held in Spain, Portugal and Morocco.
Thursday, October 5th 2023 - 08:46 UTC
Royal Navy revamping Harland & Wolff yard in Belfast, home of the Titanic

The Royal Navy has reported that work has begun revamping the world-famous Harland & Wolff yard in Belfast, home of the Titanic so it can build three new support ships for the Navy.
Wednesday, October 4th 2023 - 19:03 UTC
South America to host Football 2030 World Cup first round matches

Although there is no confirmation yet from football's governing body FIFA, there were clues Wednesday morning that the 2030 finals might be played under a format never seen before in the competition's history that will be celebrating 100 years then.