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Montevideo, November 2nd 2024 - 15:23 UTC

Stories for November 18th 2023

  • Saturday, November 18th 2023 - 10:57 UTC

    No favorite between Milei and Massa ahead of runoff

    Whoever wins on Sunday will succeed Alberto Fernández for the 2023-2027 term

    One day before the runoff election between Economy Minister Sergio Massa and Libertarian Congressman Javier Milei, most opinion polls do not agree on who is more likely to become Argentina's next president. The only consensus seems to hinge on the role of undecided voters who make up their minds at the last minute. In addition, many are already certain they will cast a blank ballot in a country where such an act is mandatory.

  • Saturday, November 18th 2023 - 10:45 UTC

    Lula critical of United Nations Security Council

    “We will fail the millions of people who go hungry around the world while billions of dollars are spent on wars,” Lula insisted

    Brazilian President Luiz Inácio Lula da Silva blamed international bodies such as the United Nations Security Council (UNSC) for their “failure” to find a solution to the ongoing humanitarian crises.

  • Saturday, November 18th 2023 - 10:42 UTC

    Linking the gov't to drug trafficking is serious, Lacalle warns

    Lacalle is off to China for a meeting with Xi Jinping in an attempt to finalize a free trade agreement (FTA) between the two countries, among other issues

    On his last full day in the country before leaving for China, Uruguayan President Luis Lacalle Pou criticized opposition leaders for suggesting he was involved in drug trafficking, which the Marset scandal that led to the resignation of several ministers earlier this month would allegedly prove.

  • Saturday, November 18th 2023 - 10:37 UTC

    World Bank grants Uruguay green-oriented loan

    “The approval of this loan instrument is another innovative step by the country,” Arbeleche said

    Uruguay has been granted an unprecedented US$ 350 million loan by the World Bank (WB). Although there is nothing new with borrowing, the so-called Programmatic Loan for Development Policies and Reform Implementation will entail a reduction of the interest rate whenever certain environmental goals are met, it was explained in Montevideo.

  • Saturday, November 18th 2023 - 10:30 UTC

    Argentine government and consultants anticipate a great 2023/24 agricultural year

    Economy minister Sergio Massa blames this year's financial adversities to the drought and extremely poor harvest

    Under pressure from the Argentine incumbent presidential candidate for this Sunday's election runoff, and current Economy minister, Sergio Massa, grain markets in the country are forecasting a promising boom for the next agriculture year, with recovered crops and increased revenue to the tune of some US$ 20bn.

  • Saturday, November 18th 2023 - 10:28 UTC

    Free supply of oral contraception at local pharmacies for women in England

    The scheme is part of NHS’s primary care access recovery plan, making it quicker and easier for millions of people to access healthcare on their high street.

    Thousands of women across England will soon be able to get the contraceptive pill at their local pharmacy without needing to contact their GP first, according to a release from the Government. From next month, pharmacies across the country will begin offering the new service for the first time, increasing choice for women in how they can access contraception.

  • Saturday, November 18th 2023 - 10:26 UTC

    IMF considering a 50% increase in quotas to reinforce global financial stability

    ”To safeguard global financial stability and respond to members’ potential needs in an uncertain, shock-prone world,” Managing Director Kristalina Georgieva said

    The International Monetary Fund, IMF, Executive Board has approved a proposal to be considered by the Board of Governors to conclude the 16 th General Review of Quotas (16 th Review) with a significant increase in quotas. The proposal follows the guidance from the International Monetary and Financial Committee (IMFC) at the 2023 Annual Meetings.

  • Saturday, November 18th 2023 - 10:12 UTC

    Paraguayan corn exports fall sharply

    Lower corn production in the last season, coupled with a fall in international prices, has contributed significantly to the latest figures

    According to a foreign trade report issued by the Central Bank of Paraguay (BCP) on Friday in Asunción, the South American country suffered a 25.4% drop in corn exports in October compared to the same period last year.

  • Saturday, November 18th 2023 - 09:42 UTC

    Sentenced Mapuche leaders cry 'neo-fascist counter-offensive'

    Ernesto Llaitul was arrested in September 2022, a week after his father

    Four Mapuche rebels from the Arauco Malleco Coordinating Committee (CAM) rebel group in southern Chile said Friday that the prison sentences handed down to them earlier this week were a sign of the neo-fascist counter-offensive against the autonomist movement seeking to regain political-territorial rights.