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Montevideo, May 24th 2024 - 15:31 UTC

Stories for April 12th 2024

  • Friday, April 12th 2024 - 23:55 UTC

    Milei meets Musk at Tesla factory

    Milei and Musk with Karina Milei  also shared a view on free markets

    Argentine President Javier Milei and South African-born tycoon Elon Musk met Friday at the Tesla factory in Austin, Texas, in the United States, in another sign of the liberal government's inclination to welcome global business. Musk's Internet connectivity provider Starlink has just become available to customers in the South American country.

  • Friday, April 12th 2024 - 22:20 UTC

    Brazil accounts for nearly 70% of dengue cases in LatAm and Caribbean

    Still, Brazil has reduced the number of deaths in the current dengue epidemic from previous years

    According to a survey conducted by the Pan American Health Organization (PAHO), Brazil accounted for almost 70% of dengue cases in Latin America and the Caribbean, where some 4.6 million infections were confirmed this year, representing a 237% interannual increase, Agencia Brasil reported. PAHO is the arm of the World Health Organization (WHO) in the Americas.

  • Friday, April 12th 2024 - 21:40 UTC

    Argentina: Inflation in March reaches 11%

    Friday's results somehow corroborated Economy Minister Luis Toto Caputo's forecast

    According to a report released Friday in Buenos Aires by Argentina's National Institute of Statistics and Census (Indec), the Consumer Price Index (CPI) in March in the South American country went up 11% for an interannual total of 287.9%. The new figure represented a 2.2% decrease from February but a 51.6% growth in the first quarter of 2024.

  • Friday, April 12th 2024 - 15:46 UTC

    After years of fierce debate, EU parliament passes tough migration and asylum rules

    Roberta Metsola, president of EU Parliament wrote, that the pact had been ten years in the making, but “history has been made.” (Pic AP)

    Sweeping reforms in the Europe Union migration and asylum rules with the purpose of managing the ongoing phenomenon which has caused for years a major turmoil in the EU and among its members.

  • Friday, April 12th 2024 - 15:40 UTC

    European Central bank keeps high interest rates unchanged; US surprised by rising inflation in March

    European Central Bank held interest rates at a record high, although as usual signaling it could cut interest rates at its next meeting in June.

    In a week in which the United States was surprised by an increase in inflation further delaying prospects of a soon cut in the Federal Reserve's rate cut, the European Central Bank held interest rates at a record high, although as usual signaling it could cut interest rates at its next meeting in June.

  • Friday, April 12th 2024 - 15:30 UTC

    Latin America and Caribbean persistent low growth and stalled progress, World Bank report

    “We must act decisively to help Latin America and the Caribbean break away from this cycle,” said Carlos Felipe Jaramillo, WB Vice President for LAC

    Latin America and the Caribbean (LAC) has reached a critical juncture. While the region has made significant progress in economic stabilization over recent decades, growth has stalled, undermining progress. Urgent action is needed to reverse course. In a new report, “Competition: The Missing Ingredient for Growth?” the World Bank highlights potential areas for action, emphasizing that leveraging competition policies and institutions is key to any impactful growth strategy.

  • Friday, April 12th 2024 - 10:44 UTC

    Argentine court finds Hezbollah behind 1992 and 1994 bombings in Buenos Aires

    Both events were said to be crimes against humanity and therefore no statute of limitations is applicable

    A court of appeals in Buenos Aires determined Thursday that the Iran-sponsored terrorist organization Hezbollah was behind the bombings of the Israeli Embassy in 1992 and the Jewish Welfare Association AMIA in 1994 in Buenos Aires.

  • Friday, April 12th 2024 - 10:12 UTC

    Milei's recent presence in Ushuaia triggers sovereignty concerns in Chile

    Radonich insisted Santiago needed not to just watch the ongoing events in the south from a distance

    Mayor Claudio Radonich of the southern Chilean city of Punta Arenas insisted this week that his country had “deantarticulated” over the past 30 years and urged the political leadership to be much more “intense” in matters concerning Antarctica given Argentine President Javier Milei's recent actions regarding the area when a United States base in Ushuaia was announced during US Southern Command Chief General Laura Richardson's visit.

  • Friday, April 12th 2024 - 10:02 UTC

    Libertarian Lower House bloc dented over Impeachment Committee chair feud

    The rift with Zago came as Casa Rosada needs Congress to pass a new version of the so-called Omnibus Law bill

    Argentine President Javier Milei's La Libertad Avanza (LLA) Lower House bloc head Oscar Zago was replaced by Gabriel Bornoroni following a misunderstanding involving the Impeachment Committee's chair.

  • Friday, April 12th 2024 - 09:50 UTC

    Presidents Peña and Lacalle Pou fly together to Uruguay

    Both leaders boarded a Paraguayan Air Force aircraft after attending a South American Football Confederation (Conmebol) event

    After attending a South American Football Confederation (Conmebol) event in Luque on Thursday, Presidents Luis Lacalle Pou and Santiago Peña flew to Uruguay for further engagements.