Stories for 2023

Thursday, November 2nd 2023 - 09:39 UTC
Brazil cuts basic interest rate to 12.25% per year

Brazil's Monetary Policy Committee (Copom) unanimously decided Wednesday to reduce the economy's basic interest rate (known as the Selic rate) by 0.5 percentage points to 12.25% per year, Agencia Brasil reported.
Thursday, November 2nd 2023 - 09:14 UTC
Price of fuel goes up in Argentine to secure supply

Argentina's state-run oil company YPF ordered an average increase of 9.75% in the prices of gasoline and diesel oil at pumps, as the freezing deal between the Economy Ministry and fuel producers came to an end Oct. 31 following a 12.5% adjustment the week after the Aug. 13 Open, Mandatory, and Simultaneous Primary (PASO) elections and their ensuing devaluation of the local currency.
Thursday, November 2nd 2023 - 09:08 UTC
Bolsonaro and Braga Netto guilty of politically using Independence Day celebrations

Former Brazilian President Jair Bolsonaro and his running mate in the 2022 elections General Walter Braga Neto were found guilty Tuesday by the Superior Electoral Court (TSE) of using the Sept. 7 Independence Day celebrations for political gain, Agencia Brasil reported.
Thursday, November 2nd 2023 - 08:39 UTC
Divergent positions: Argentina backs Israel, then condemns attacks in Palestine

Three weeks apart, the Argentine Foreign Ministry issued two communiqués with different positions on the Arab-Israeli conflict. In the first, dated October 7, Argentina clearly supports the position of Israel, which claims its position as the nation under attack and condemns the attacks of the terrorist group Hamas against the Israeli population.
Thursday, November 2nd 2023 - 08:15 UTC
Winds are changing in Colombia: Petro the big loser in Sunday's governor and mayor elections

Colombian president Gustavo Petro's allies lost by windfalls in municipal and provincial elections on Sunday, a clear sign of growing discontent with the left-leaning government and some of its promised reforms to the health system and labor bills.
Thursday, November 2nd 2023 - 08:13 UTC
Multiple cost of living support benefits ahead of winter, announces UK Conservative government

Millions of households across the United Kingdom are set to receive significant cost of living support ahead of winter, with the British government freezing bus fares in England and the second cost-of-living payment – worth £900 in total - landing directly in bank accounts.
Wednesday, November 1st 2023 - 21:23 UTC
BP third quarter profits lower than expected

British Petroleum posted profits of US$ 3.3bn (£2.7bn) between July and September, lower than predictions of US$ 4bn. Earnings were down from US$ 8.1bn in the same period in 2022 when BP made huge profits following Russia's invasion of Ukraine, which led to oil prices soaring.
Wednesday, November 1st 2023 - 21:09 UTC
Peak of England and Wales companies going bust highest since the 2009 financial crisis

Official figures from England and Wales show that the number of companies going bust this year is on track to be the highest since the financial crisis in 2009. Insolvencies rose 10% from a year ago in the three months to the end of September, and there has also been a sharp rise in the number of firms at risk of going bust.
Wednesday, November 1st 2023 - 21:06 UTC
AI becomes Collins publisher Word of the Year 2023

The contraction of artificial intelligence — AI — has been named as Collins' Word of the Year for 2023, the dictionary publisher announced this week.
“Considered to be the next great technological revolution, AI has seen rapid development and has been much talked about in 2023,” a blog post from the publisher said.
Wednesday, November 1st 2023 - 14:35 UTC
Falklands Remembrance Sunday 12 November

Gilbert House, seat of the Falkland Islands Legislative Assembly has made public the arrangements for Sunday 12 November 2023, Remembrance Sunday. The Annual Service of Remembrance, this year commemorating the 105th anniversary of the end of the First World War, will be held in Christ Church Cathedral commencing at 9.30 am.