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Montevideo, September 22nd 2024 - 09:25 UTC

Stories for 2023

  • Wednesday, March 22nd 2023 - 10:05 UTC

    BAS: A six coins series of Antarctic glaciers named after solar system planets

    There are a total of six glaciers named after planets in Antarctica and the following with be featured in this series: Mars, Mercury, Neptune, Saturn, Uranus, Venus.

    Pobjoy Mint has announced a brand-new 2023 two-pound coin series issued on behalf of the British Antarctic Territory. The six-coin series will feature the Antarctic glaciers named after planets of the solar system starting with the Mars Glacier.

  • Wednesday, March 22nd 2023 - 10:05 UTC

    UN Economic Commission for Latam and Caribbean celebrating 75th anniversary

    The Economic Commission for Latin America was established by a resolution of the UN Economic and Social Council on 25 February 1948 and began work in Santiago that same year

    The Economic Commission for Latin America and the Caribbean (ECLAC), in Santiago, Chile, is celebrating 75 years since its creation with a commitment to continue working for a more productive, inclusive and sustainable future for the region.

  • Tuesday, March 21st 2023 - 10:10 UTC

    Venezuelan oil minister resigns amid corruption scandal

    Singled out as a drug lord by the United States, El Aissami said his sidestep sought to help investigators fight PDVSA corruption

    Venezuelan Oil Minister Tareck El Aissami Monday resigned his post on Monday after the opening of a corruption investigation involving the state-owned oil company Petróleos de Venezuela (PDVSA) in which two officials have already been arrested. El Aissami, a powerful ally of President Nicolás Maduro, has been singled out by the United States as an alleged drug lord.

  • Tuesday, March 21st 2023 - 10:05 UTC

    Argentina tries to collect toll from Paraguay for Parana waterway traffic

    “This attitude of the Argentine authorities of not recognizing and ignoring international agreements and pacts is very striking,” Dos Santos explained

    As of Monday last week, Argentina's General Administration of Ports (AGP) started issuing invoices for “navigation settlements of the previous months.” In other words, a fee began to be collected for the passage of Paraguayan cargo through the Santa Fe-Confluencia section.

  • Tuesday, March 21st 2023 - 09:55 UTC

    Enslaved Paraguayan workers freed in Rio de Janeiro

    The 19 Paraguayans had been brought in blindfolded and were not aware that they were in Rio de Janeiro

    Brazil's Federal Police Monday freed 19 Paraguayan nationals who were working at a Rio de Janeiro clandestine cigarette factory in slave-like conditions, Agencia Brasil reported. The workers arrived in Brazil blindfolded and did not even know they were in the municipality of Duque de Caxias, in Baixada Fluminense.

  • Tuesday, March 21st 2023 - 09:51 UTC

    Guterres warns climate bomb ticking

    “Our world needs climate action on all fronts,” Guterres insisted

    United Nations Secretary-General António Guterres said Monday in a recorded appearance before a UN Intergovernmental Panel on Climate Change (IPCC) that in order to avoid a climate catastrophe, carbon emissions must be halved by 2030 because “the climate bomb is ticking.”

  • Tuesday, March 21st 2023 - 09:47 UTC

    Argentine electricity company under intervention for 180 days

    Edesur was deficient in the service and it was still moving on with its sale plans, Massa explained

    Following seemingly endless power cuts in the Buenos Aires area, Federal Economy Minister Sergio Massa ordered the intervention of suppliers Edesur and appointed Jorge Ferraresi as the company's new controller for a period of 180 days.

  • Tuesday, March 21st 2023 - 08:12 UTC

    Xi Jinping and Putin strengthen ties in Moscow

    Russia and China have “similar goals in future aspirations,” Xi told Putin

    Russian President Vladimir Putin and his Chinese counterpart Xi Jinping held an informal meeting Monday in Moscow. The Chinese leader is on a state visit.

  • Monday, March 20th 2023 - 16:08 UTC

    It’s the Banking Regulations, Stupid

    Silicon Valley Bank had US$ 200 billion in assets, US$ 86 billion of which was in residential mortgage-backed securities that are not due for at least ten years

    By Antonio Floglia (*), LONDON – Rather than developing a robust understanding of the errors that led to the 2008 global financial crisis, politicians and the public demanded that supervisory authorities simply double down on regulation. So, that is what they did, and we are now seeing the results with the sudden collapse of Silicon Valley Bank.

  • Monday, March 20th 2023 - 16:05 UTC

    Network of leading Western central banks ready to inject the necessary dollars liquidity

    Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Federal Reserve, and the Swiss National Bank announced the coordinated action

    Leading central banks of the West announced on Sunday a coordinated action to provide liquidity to the financial system through the US swap liquidity line arrangements. The statement was signed by Secretary of the Treasury Janet L. Yellen and Federal Reserve Board Chair Jerome H. Powell and becomes effective Monday 20 March.