The Falkland Islands Government has twitted that last Thursday David Rutley MP, Foreign, Commonwealth, and Development Office Minister for the Americas and the Caribbean met with an elected member of the Falklands' Legislative Assembly.16 comments
Foreign Ministers Santiago Cafiero of Argentina and Mevlüt Çavusoglu of Türkiye held a meeting Friday in Istanbul to discuss bilateral ties, with a focus on science and trade, it was reported.1 comment
The World Bank (WB) announced this week the appointment of US-French Economist Marianne Fay as its new Director for Argentina, Uruguay, and Paraguay to replace Jordan Schwartz, who will head the Eastern Europe division.1 comment
The British Forces South Atlantic Command this week welcomed the arrival of HMS Medway at Mare Harbor. HMS Medway is a Batch 2 River class offshore patrol vessel, currently commissioned and since 2019 assigned long-term as Royal Navy guard ship in the Caribbean.2 comments
The Government of Chile has declared a “red alert” in the central part of the country due to the heat wave stemming from 39 major forest fires as the wave keeps spreading throughout the country, most of them in Araucania (17) but also in Bío Bío (7), Ñuble (7), Maule (4), Los Lagos (3), and one in the Santiago Metropolitan Region.Add your comment!
Peru's one-house Congress voted once again Thursday against moving forward the elections to some time in 2023. It was the third such rejection in one week while the country sinks deeper into a political crisis which added one more fatality Thursday to the growing tally recorded since the impeachment of Pedro Castillo Terrones on Dec. 7, 2022. Several ministers are expected Friday to go to Congress to present another bill proposing an early election on October 8.Add your comment!
A technical team of the International Monetary Fund (IMF) has warned that political unrest in various regions of Latin America might have consequences for the economy since it would affect how the region is perceived worldwide.1 comment
The European Central Bank increased its basic interest rate 50 basis point to 2,5% and anticipated it intended to hike by another 50 basis points in March. The move follows four hikes in 2022 which brought euro zone rates out of negative territory for the first time since 2014.Add your comment!
The Bank of England Monetary Policy Committee on Thursday voted 7-2 in favor of hiking interest rates by 50 basis points with the main rate now at 4%. However the MCP indicated in its statement that smaller hikes and an eventual end to the hiking cycle may be in the cards in coming meetings. The two dissenting members voted to leave rates unchanged at this meeting.Add your comment!
Uruguay's state-run oil company Ancap will lose US$ 72 million due to the remodeling of the La Teja Refinery to be carried out between September and December this year, during which time fuel will need to be imported, it was reported in Montevideo.Add your comment!