Stories for 2023

Wednesday, November 1st 2023 - 14:32 UTC
Panama Canal further reduces ship crossings as more severe drought hits Lake Gatun

Higher shipping costs as the Panama Canal, one of the world’s main maritime trade routes, will further reduce daily ship crossings in the coming months due to a severe drought, the authorities managing the canal.
Wednesday, November 1st 2023 - 14:19 UTC
King Charles in Kenya addressed British colonial past and abuses

King Charles is in Kenya in his first foreign visit as a monarch to a Commonwealth nation where he addressed the colonial past of British rule in East Africa, and abuses committed by colonial forces, especially in the 1950's during the Kenyan struggle for independence.
Wednesday, November 1st 2023 - 10:30 UTC
Chile recalls Ambassador to Israel as violence in Gaza grows

President Gabriel Boric Font Tuesday recalled Chile's Ambassador to Israel Jorge Carvajal for consultations given the “unacceptable violations of international humanitarian law” in the Gaza Strip, it was reported in Santiago after a statement released by the Foreign Ministry.
Wednesday, November 1st 2023 - 10:21 UTC
Bolivia severs diplomatic ties with Israel

Bolivian Deputy Foreign Minister Freddy Mamani Machaca announced Tuesday that the South American country “condemns the aggressive and disproportionate Israeli military offensive being carried out in the Gaza Strip” and was thenceforth breaking diplomatic relations with Israel in “repudiation” of such acts. The Bolivian government made no mention of Hamas' Oct. 7 attacks.
Wednesday, November 1st 2023 - 10:10 UTC
Paraguay increasingly attractive to direct investments

According to the Central Bank of Paraguay (BCP), direct investment in the South American country reached a record US$ 725 million last year, it was reported Tuesday in Asunción.
Wednesday, November 1st 2023 - 09:13 UTC
Fuel supply in Argentine getting back to normal pending price increase

Fuel supply in Argentina is slowly getting back to normal as an increase in the price at pumps has been admitted onto a negotiating table, it was reported in Buenos Aires. After shortages throughout the weekend, the Government acquiesced to an increase in the price of gasoline.
Wednesday, November 1st 2023 - 09:01 UTC
Brazilian government announces end of privatization process of the port of Santos

Brazilian minister of Ports and Airports Silvio Costa Filho, announced the termination of the Investment Partnership Program (PPI), which had originally set the conditions for the privatization of the management of the Port of Santos.
Wednesday, November 1st 2023 - 08:58 UTC
Brazil hopeful of de-globalization, as US/China technology clash escalates

Brazil did not enjoy the globalization process that started in the 1980s to its fullest potential. Still, it may have a second chance now amid the current de-globalization process – essentially an adjustment of globalization.
Wednesday, November 1st 2023 - 08:56 UTC
Lula hails Messi's Ballon d'Or achievement

Brazilian President Luiz Inácio Lula da Silva Tuesday praised Argentine football start Lionel Messi on winning his eighth Ballon d'Or award. “Messi should serve as an example to Brazilian players,” said Lula on social media.
Wednesday, November 1st 2023 - 08:50 UTC
Chile planning a fiber link directly with Antarctica

Chile is planning an undersea fiber cable linking the country with Antarctica and several bases in the southernmost continent. With this purpose, Chile signed an agreement with Latin America's Development Bank, CAF to begin feasibility studies