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Montevideo, May 24th 2024 - 16:11 UTC

Stories for April 17th 2024

  • Wednesday, April 17th 2024 - 20:38 UTC

    Brazil: Dead men don't sign IOUs

    The woman's lawyer claimed that Braga was alive when he entered the bank

    A Brazilian woman made the headlines Wednesday when she was arrested for bringing her uncle's dead body on Tuesday to a bank in Rio de Janeiro to have him “sign” the pertinent documents to collect a R$ 17,000 (US$ 3,243) loan.

  • Wednesday, April 17th 2024 - 20:11 UTC

    Celac joins worldwide condemnation of Ecuador's actions against Mexican Embassy

    Xiomara Castro summoned regional leaders to review Ecuador's police raid against the diplomatic mission in breach of international law

    Leaders of the Community of Latin American and Caribbean States (Celac) Tuesday agreed to condemn Ecuador's April 5 storming of the Mexican Embassy in Quito to abduct former Vice President Jorge Glas, who had sought asylum there after being convicted on corruption charges.

  • Wednesday, April 17th 2024 - 10:55 UTC

    IMF says Argentina improving but results not expected this year

    Milei has applied tight constraints to recover from the fiscal deficit under Alberto Fernández

    According to the World Economic Outlook released Tuesday by the International Monetary Fund (IMF), Argentina's inflation in 2024 is expected to reach 149.4%. The study also forecasted that the country's economy would fall by 2.8% this year only to bounce back in 2025 by 5%. The Consumer Price Index (CPI) would be dropping to 45%.

  • Wednesday, April 17th 2024 - 10:36 UTC

    Business forum in Bariloche to be attended by Presidents of Uruguay, Argentina, and Paraguay

    Milei attended last year's gathering as a candidate. Hotel Llao LLao

    Presidents Javier Milei of Argentina, Luis Lacalle Pou of Uruguay, and Santiago Peña of Paraguay are expected to be the three most important participants of the so-called Llao Llao Forum starting Wednesday in the Patagonian resort of Bariloche in the Argentine province of Río Negro.

  • Wednesday, April 17th 2024 - 10:18 UTC

    Brazil: Búzios deepwater field produces 1 billion barrels of oil in March

    Despite its size, Búzios trails the smaller but older Tupi field in volume output

    The Búzios Field in the Santos Basin, the largest ultra-deepwater facility of that kind worldwide, produced 1 billion barrels of oil in March, the state-owned company Petrobras announced this week, Agencia Brasil reported. Petrobras operates the field in a consortium with Pré-Sal Petróleo (PPSA) and the Chinese companies CNOOC and CNODC.

  • Wednesday, April 17th 2024 - 10:10 UTC

    Commonwealth Games future in doubt: financial benefits clash with a post colonial legacy

    In 2022, the Games were held in the English city of Birmingham, which saw over 5,000 athletes compete for 280 gold medals across 20 sports.

    The 2026 edition of the Commonwealth Games, are again in trouble with no hosts on sight. In April 2022, the Australian state of Victoria was awarded hosting rights for the 2026 edition, when over 70 nations were expected to participate. But just over a year later, it backed out.

  • Wednesday, April 17th 2024 - 10:05 UTC

    Louis Charles Baillon, the first Olympic gold medal for the Falklands, London 1908

    Louis with the English field hockey team, gold medals in 1908 Summer Olympics

    Argentina is usurping the name of Falkland Islands born Louis Charles Baillon, as the first “Argentine Malvinas” Islander to win a gold medal in the London 1908 Summer Olympics, 'mistakenly' playing for the wrong side, the English field hockey national team. Such are the reports in some Buenos Aires media who insist in considering Louis Baillon an Argentine, born in the Falklands, (Fox Bay 1881) and who left the Islands forever in 1888 when he was seven years old.

  • Wednesday, April 17th 2024 - 09:49 UTC

    German and French economies slowing down in 2024, IMF report

    The German economy is expected to grow by 0.2%, which is 0.3 percentage points less than it estimated in its January outlook

    Europe's strongest economy is expected to grow by 0.2%, 0.3 percentage points less than it estimated in its January outlook, according to the latest report from the International Monetary Fund, IMF, on Germany. This is also the weakest among the G7 group of industrialized nations.