Stories for 2023

Tuesday, July 25th 2023 - 11:40 UTC
Lula expects the Central Bank to lower the benchmark interest rate next week

Brazil's President Luiz Inácio Lula da Silva and his economic team in their ongoing battle with the independent Central Bank, have anticipated they expect a cut in the benchmark interest rate, of at least 25 points, pressuring bank policymakers to lower borrowing costs given a dramatic fall in inflation.
Tuesday, July 25th 2023 - 11:35 UTC
Interpol disrupts criminal network that smuggled 5,000 Cubans to EU

Law enforcement from several European countries have disrupted an intercontinental criminal network smuggling migrants from fantasy island Cuba to the European Union. The investigation, coordinated by Europol and INTERPOL, led to the arrest of 62 persons, 25 of which were Cuban nationals and officials.
Tuesday, July 25th 2023 - 11:32 UTC
Latin-Americas' largest utilities company plans to invest US$ 17bn. in clean energy

Electrobras, Brazil's main electricity complex has plans to invest some US$ 17 billion in the next five years through mergers and acquisitions. The company said that investments in electricity generation would come in at around US$3.6 billion over the period as it moves to comply with its goal of a clean energy complex.
Tuesday, July 25th 2023 - 11:30 UTC
Falkland Islands, hockey's most remote community, Hockey News

By Ian Kennedy (*) – Located off the tip of South America near Antarctica, the Falkland Islands are a remote but growing hockey community. The Falkland Islands Hockey Association features 22 teams, both men’s and women’s, despite the Islands having a population under 4000.
Tuesday, July 25th 2023 - 11:28 UTC
Falklands congratulates Executive Head Teacher Karen Steen on MBE honor

The Falkland Islands Government wishes to congratulate Executive Head Teacher, Karen Steen, on being awarded an MBE in His Majesty the King’s Birthday Honors list. Karen now becomes a Member of the Order of the British Empire for her service to the Falkland Islands community.
Tuesday, July 25th 2023 - 11:25 UTC
Brazil: Marielle Franco's murder closer to being solved

The 2018 murder of Carioca activist and councilwoman Marielle Franco is closer to being solved, Security Minister Flávio Dino said Monday after one of the two suspects reached a plea agreement and confessed. “New evidence” confirmed the involvement of the two people arrested for the case, ex-cops Ronnie Lessa and Elcio de Queiroz, said Dino, at a press conference in Brasília.
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.