Banana producers in Paraguay and Bolivia have agreed to resume shipments to Argentina after the outgoing administration of President Alberto Fernández authorized the use of foreign currency to pay for those imports.
After Sunday's loss of Unión por la Patria (UP) of Economy Minister Sergio Massa to La Libertad Avanza's Javier Milei in Argentina's presidential runoff elections, the country's ruling party was delivered yet another blow this week when manual counting handed the post of Mayor of the exclusive beach resort of Pinamar in the Province of Buenos Aires to the Juntos por el Cambio (JxC) candidate by just one vote over his UP rival.
Falkland Holdings Group PLC on Friday said pretax profit fell steeply in its latest half year, but that revenue increased 17%, and expects a strong rebound of the Falkland Islands construction and the start of the South Atlantic tourist season, Alliance News reported.
The terrorist organization Hamas Friday handed over 13 hostages of the over 200 taken from Israel in the Oct. 7 attacks. The measure was enacted during a four-day ceasefire which also allowed for the release in return of 39 Palestinians who were serving prison sentences. Further swaps are expected in the coming days.
Uruguay's Navy has captured a Brazilian-flagged fishing vessel carrying some three tons of illegal catch, it was reported Friday in Montevideo.
Argentina's future government of President-elect Javier Milei intends to privatize the Paraná Paraguay Waterway and bidding documents have already been drafted, but collecting tolls would remain in place, it was reported Thursday in Buenos Aires. Future Infrastructure Minister Guillermo Ferraro is said to have been working on the issue for weeks.
Former President Mauricio Macri is collecting on his Propuesta Republicana (PRO) party contribution to have Javier Milei win last Sunday's runoff against Economy Minister Sergio Massa and two of the most prominent members of the next administration's cabinet will be from Macrist allegiance, it was reported Thursday in Buenos Aires.
The World Health Organization (WHO) has requested that Chinese health authorities explain the rapid spread of a respiratory disease among children.
The Central Bank of Paraguay (BCP) lowered its benchmark interest rate from 8.50 to 7.25%, for a cumulative reduction of 1.25 basis points so far this year, in response to an encouraging macroeconomic scenario and positive international economic indicators. The decision was made after a meeting of the Monetary Policy Committee (MPC) late Wednesday, it was reported in Asunción.
Daniel Noboa, aged 35, was sworn in Thursday as Ecuador's new president during a ceremony at Quito's Legislative Palace. He will be at the helm of this country for 18 months to complete the term of office left unfinished by Guillermo Lasso, who activated the so-called crossed-death mechanism to avoid impeachment and called for snap elections.