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Montevideo, April 21st 2024 - 21:33 UTC

Stories for March 28th 2024

  • Thursday, March 28th 2024 - 19:53 UTC

    Car sales plummet in Argentina

    The less expensive brand-new units sell for at least US$ 20,000, a price the market is not validating

    The business of selling cars in Argentina contracted 36.6% in the last 12 months as the South American country faces considerably high prices in US dollars coupled with rampant inflation and unemployment, it was reported in Buenos Aires.

  • Thursday, March 28th 2024 - 19:32 UTC

    Brazil's newest sub christened before Lula and Macron

    The Brazilian submarines are bigger than the original French Scorpene model from which they derive

    Presidents Emmanuel Macron of France and Luiz Inácio Lula da Silva of Brazil Thursday visited the Itaguaí Naval Complex, the facilities in the State of Rio de Janeiro where the Tonelero (S-42) submarine -a joint undertaking between the two countries- was christened by First Lady Rosângela Lula da Silva.

  • Thursday, March 28th 2024 - 18:57 UTC

    Chile: Slight increase in unemployment reported

    The increase in the labor force was greater than the increase in the number of employed people, Chile's INE found

    Chile's National Statistics Institute (INE) released a report Thursday showing that unemployment in the mobile quarter from December 2023 to February 2024 reached 8.5%, an annual increase of 0.1%. In the Santiago Metropolitan Region (RM), it reached 9.3%, which represented a decrease of 0.4% in twelve months.

  • Thursday, March 28th 2024 - 11:59 UTC

    Colombia expels Argentina's diplomatic mission over Milei statements against Petro

    Milei spoke ill of “the respected Mr Gustavo Petro,” Bogota's Foreign Ministry argued

    Gustavo Petro ordered all of Argentina's diplomatic staff in Colombia expelled after derogatory remarks against him by fellow President Javier Milei during an interview with CNN. The Libertarian leader called him a “murderer, terrorist,” given his past as a M-19 guerrilla fighter. Colombia also withdrew its Ambassador from Buenos Aires.

  • Thursday, March 28th 2024 - 11:53 UTC

    “Democracy returned to Argentina thanks to Margaret Thatcher,” Argentine historian said

    Former Prime Minister Margaret Thatcher

    ”You really want to know why democracy returned to Argentina, (1983), it's hard to say, and you need guts to say it, but all of us Argentines must know it, and accept it, democracy returned to Argentina thanks to Margaret Thatcher, and the Malvinas adventure defeat...”

  • Thursday, March 28th 2024 - 11:40 UTC

    Venezuela: Rosales claims he is not Maduro's candidate

    Besides Rosales, most “opposition” candidates are believed to be collaborators of the ruling party

    Former Zulia governor Manuel Rosales, who once challenged the late Hugo Chávez Frías for Venezuela's presidency, said he was willing to withdraw from this year's July 28 elections if another opposition candidate made it through the restrictions imposed by Nicolás Maduro's regime. “I am not Maduro's candidate,” he insisted after becoming the most prominent contender on behalf of a fragmented opposition.

  • Thursday, March 28th 2024 - 11:31 UTC

    Uruguayan rural producers affected by stronger local currency

    “Supply and demand determine what the dollar is worth,” Central Bank President Labat has said

    Uruguay's rural producers underlined that the constant appreciation of the local peso against the US dollar was detrimental to their exporting activities and insisted that the appropriate exchange rate should be US$ 1 = UY$ 58 instead of UY$ 37.5, which represents a 3.9% drop so far this year.

  • Thursday, March 28th 2024 - 10:40 UTC

    Strategies for crafting effective partnership agreements

    Photo: Unsplash

    Partnerships play a vital role in pushing growth, innovation, and success in business. Whether you are starting a new venture or strengthening an existing collaboration, the foundation of a fruitful partnership lies in a well-crafted partnership agreement. An effective partnership agreement outlines all parties' terms, responsibilities, and expectations, setting the stage for a harmonious and productive business relationship. In this article, we will study strategies for creating partnership agreements that are comprehensive, clear, and conducive to sustainable partnerships.