Stories for March 2024

Tuesday, March 12th 2024 - 10:46 UTC
Bolivian Senate stalling World Bank loan could make it go away

Bolivian authorities need to have the Senate approve a US$ 125 million loan from the World Bank at the earliest or else the credit agency might backtrack on granting it, Hydrocarbons Ministry Spokeswoman Rocío Molina warned Monday. Other five credits might follow suit given the Upper House's tardiness, Molina explained.
Tuesday, March 12th 2024 - 10:38 UTC
Brazil to build memorial site for Covid-19 victims

Brazilian authorities will build a memorial in Rio de Janeiro to honor the some 710,000 people who died of COVID-19 during the international crisis, Agencia Brasil reported.
Tuesday, March 12th 2024 - 10:34 UTC
Charges filed against former Paraguayan President for misuse of confidential data

Paraguayan prosecutors agreed Monday to press charges against former President Mario Abdo Benítez following complaints filed by fellow former head of state Horacio Cartes, it was reported in Asunción. Although both leaders belong to the Colorado Party -also known as the National Republican Alliance or ANR- Cartes currently chairs the grouping.
Tuesday, March 12th 2024 - 10:26 UTC
Argentina's Central Bank lowers interest rate

Argentina's Central Bank Monday lowered the annual interest rate from 110% to 80% “to strengthen the national economy and improve liquidity in the financial market,” it was reported in Buenos Aires. In addition, it was left up to each bank to decide on the minimum rate for fixed-term deposits.
Tuesday, March 12th 2024 - 10:13 UTC
King Charles III message on the 75th anniversary of the Commonwealth

The seventy-fifth anniversary of The Commonwealth is a moment to reflect on the remarkable journey that our unique family of free and independent nations has made since 1949, King Charles III started his speech..
Tuesday, March 12th 2024 - 10:07 UTC
Falklands Legislative Assembly Commemorates Commonwealth Day 2024

As the Commonwealth of Nations marks Commonwealth Day, the Falkland Islands Legislative Assembly reaffirms its unwavering commitment to the shared values and principles upheld by the Commonwealth community.
Tuesday, March 12th 2024 - 10:00 UTC
With elections in June, EU plans to delay rules on imports from deforested areas and freeze the Green Deal

Following serious and combined complaints from Latin American, Asian and African countries, the European Union is prepared to delay the rules on exports from deforestation areas, it was reported in Brussels.
Monday, March 11th 2024 - 19:28 UTC
Latam flight incident leaves dozens injured on route from Sydney to Santiago

A Latam flight traveling from Sydney to Santiago de Chile encountered a “technical incident,” causing severe turbulence that left approximately 50 passengers injured. The Boeing 787 Dreamliner aircraft made an unscheduled landing in New Zealand, where 12 people were hospitalized for treatment.
Monday, March 11th 2024 - 11:32 UTC
Milei caught red-handed “increasing” his own salary by 48%

Just a few days after ordering Lower House Speaker Martín Menem to reverse his decision together with Vice President Victoria Villarruel to increase the wages of lawmakers by around 30%, Argentine President Javier Milei was forced to announce that he would do the same regarding a pay hike of around 48% he had decreed for himself and the members of his cabinet, it was reported in Buenos Aires during the weekend.
Monday, March 11th 2024 - 11:04 UTC
Paraguay, the best place in the region for business, says FGV

The Latin American Economic Climate Index (ICE) released this weekend by Brazil's Getúlio Vargas Foundation (FGV) highlighted Paraguay as the Mecca for business ventures in the region given the country's outstanding performance.