Uruguayan President Luis Lacalle Pou Tuesday signed a regulatory decree regarding current regulations, which allows the music-streaming platform Spotify not to leave the country in February as previously announced.
Paraguay's economy is expected to grow 3.8% in 2024, according to a report from the South American country's Central Bank (BCP) released Tuesday in Asunción. The document also pointed out it would be the highest economic growth in the region next year.
The Brazilian delegation attending the United Nations Climate Change Conference (COP28) in Dubai this week called for stronger measures against the proliferation of fossil fuels, Agencia Brasil reported.
British PM Rishi Sunak and his 'stop the boats' policy managed a crucial vote when Parliament passed 313 to 269 on Tuesday the Safety of Rwanda bill, which intends to send asylum seekers and migrants to the African country.
While Economy Minister Luis Toto Caputo's message describing the government's next measures was aired, President Javier Milei appeared at the República Oriental del Uruguay Square in Buenos Aires for the celebration of the Jewish Hanukkah festivity.
Global trade through the Panama Canal is being severely disrupted by a drought affecting the man-made corridor, which could force shippers to choose other, more costly routes, it was reported. The historic waterway in Central America connecting the Pacific and Atlantic Oceans handles about 5% of international seaborne trade.
The UN Secretary-General Antonio Guterres, Mercosur member countries, the European Union and the US have called on Guatemala authorities to impede the Central American country's Attorney General's office to annul the general election result preventing President-elect Bernardo Arevalo from taking office in January.
Mercosur and the European Union failed to sign the much-expected and long-awaited free trade and cooperation agreement during the South American block summit in Rio do Janeiro, mainly because of discrepancies over forestry and agricultural land. Brazilian President Lula da Silva said he was committed to signing the agreement with the EU, and will not give up until achieved but further hurdles could be in the way.
By Gwynne Dyer
The key debate on the last day of the COP28 climate summit at the United Arab Emirates was about whether the conference should endorse a resolution to “phase out” fossil fuels — or, in a less ambitious formulation, phase them “down” (but not out).
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