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Montevideo, April 24th 2024 - 09:06 UTC

Stories for January 18th 2024

  • Thursday, January 18th 2024 - 21:13 UTC

    Argentina: Record highs in parallel dollar rates as the country grapples with economic challenges

    While the wholesale dollar rises by only 70 cents to $819.30, the dynamic “blue” dollar or parallel rate was around $1,240, near its intraday nominal peak of $1,250, presenting a 51.4% gap

    The strength of the dollar in alternative markets is once again exerting pressure on financial dealings on Thursday, with the exchange rate gap reaching 60%, posing challenges to President Javier Milei's economic plan amidst soaring inflation and increasing poverty.

  • Thursday, January 18th 2024 - 10:59 UTC

    Milei holds “very good” meeting with Georgieva

    Milei and Georgieva met for 25 minutes

    Argentine President Javier Milei said his 25-minute meeting Wednesday with International Monetary Fund (IMF) Managing Director Kristalina Georgieva at the World Economic Forum was “very good” after a verbal agreement was reached last week between the credit agency and the South American country. It was the first time that Milei and Georgieva saw each other face to face.

  • Thursday, January 18th 2024 - 10:56 UTC

    Ecuadorean prosecutor handling last week's TV station seizure shot dead

    Suárez has been involved in several high-profile cases related to corruption and organized crime

    Ecuadorean Prosecutor César Suárez who was handling the investigation into the Jan. 9 seizure of a Public TV station by a drug-trafficking gang, was shot dead Wednesday in Guayaquil, adding to the South American country's wave of crime and violence. Suárez took over 20 gunshots, it was reported. National Police “specialized units” have been assigned to the case.

  • Thursday, January 18th 2024 - 10:55 UTC

    Argentina: New oil spill recorded off Bahía Blanca

    The German oil company Oiltanking was involved in both incidents a fortnight apart

    Argentine authorities in the city port of Bahía Blanca in the province of Buenos Aires said a new oil spill had been reported after the one late last month. However, this time around the damage would have been controlled in less time, it was explained.

  • Thursday, January 18th 2024 - 10:47 UTC

    Javier Milei warns WEF that Western civilization “is in danger”

    “Capitalism is the only tool we have to end hunger and poverty on the planet,” Milei argued

    Argentine President Javier Milei Wednesday warned global leaders at the World Economic Forum in Davos, Switzerland, that the Western civilization was in peril as it was plunging into socialism and neomarxism. His remarks drew mixed reactions: While his Libertarian followers were elated to hear him say that there, others could simply not believe their ears, some of them through an interpreter because Milei spoke in Spanish.

  • Thursday, January 18th 2024 - 10:41 UTC

    Uruguayan homes for the elderly not fond of Covid-19 vax booster doses

    Vaccinated or not, people still get infected, they argued

    One day after Uruguay's Health Ministry announced a new Covid-19 vaccination campaign, a business guild bringing together homes for the elderly announced no booster doses would be encouraged on their part.

  • Thursday, January 18th 2024 - 10:40 UTC

    South Georgia flag flies in London to celebrate Possession Day

    South Georgia flag proudly flies over King Charles Street

    This Wednesday 17 January, the flag of UK Overseas Territory South Georgia & the South Sandwich Islands proudly flew over King Charles Street in London to celebrate South Georgia Possession Day. English explorer captain James Cook aboard HMS Resolution named the Island 'Isle of Georgia' in honor of the then Monarch, King George III of Great Britain and Ireland.

  • Thursday, January 18th 2024 - 10:40 UTC

    The Canadian touch for the growing hockey sport in the Falkland Islands

    Tamara landed in the Falklands and although the geographic distance from Ontario to the Islands is more than 11,700 km, she quickly found a small town feeling

    Bringing her love of sport across the world, Canadian Tamara Simmons is more than a coach and administrator of the growing hockey sport in the Falkland Islands. A valuable mentor and friend, she has grown into a role model, helping to empower a new generation find their love and determination for the sport.

  • Thursday, January 18th 2024 - 10:34 UTC

    Argentine province to have its own currency

    “The [federal] Government forces us to do this because of the cruelty of the adjustment,” Quintela said

    The Argentine province of La Rioja's legislature Wednesday approved the issuance of a quasi-monetary unit to pay the public workers' salaries as budgetary restrictions from the federal government begin to be felt.

  • Thursday, January 18th 2024 - 10:15 UTC

    HMS Forth helps to understand extent of avian flu in South Georgia

    A seal keeps watch on HMS Forth at Grytviken

    Crew of Royal Navy Falklands patrol ship HMS Forth helped scientists understand the global impact of bird flu as the ship resumed South Atlantic duties after nearly a year away. The ship transported an expert to the island chain of South Georgia to see if the disease had reached the sub-Antarctic for the first time.

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