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Montevideo, May 26th 2024 - 02:28 UTC

Stories for May 7th 2024

  • Tuesday, May 7th 2024 - 19:43 UTC

    FMI foresees rebound in Uruguay's economy

    According to the IMF, “continued vigilance of monetary policy is crucial”

    The Washington-based International Monetary Fund (IMF) released a report this week forecasting a “strong rebound” in Uruguay's economy this year. Driven by a surge in agricultural exports amid “balanced” macroeconomic risks, a 3.7% growth has been projected.

  • Tuesday, May 7th 2024 - 19:19 UTC

    Argentina is the promised land for businesspeople, Milei says

    “Argentina is becoming a freer country day by day,” Milei insisted

    Argentine President Javier Milei told attendees at the Milken Institute's Global Conference in Beverly Hills that his country “has all the conditions to be the new Mecca of the West” and asked businessmen to help build “the new Rome of the 21st Century.”

  • Tuesday, May 7th 2024 - 18:57 UTC

    Paraguay: Waterway master plan called for amid discouraging weather forecast

    The Paraguay-Paraná Waterway is fundamental for Paraguay's foreign trade

    Water levels below average at the Paraná-Paraguay river waterway have traders concerned over the future of their business. However, there seems to be consensus on the need to develop a master plan to tackle the grim situation stemming from discouraging precipitation forecasts despite abundant rainfall in recent weeks.

  • Tuesday, May 7th 2024 - 14:52 UTC

    Argentina introduces 10,000 peso banknotes amid soaring inflation

    Argentina suffers from high inflation – 287.9 % annualized last March – which requires the use of higher denomination banknotes to reduce logistic costs and facilitate transactions.  “

    Argentina has introduced a new denomination of banknotes, the 10,000 peso bill (equivalent to about 10 U.S. dollars), in response to the country's ongoing struggle with high inflation. The Central Bank of Argentina (BCRA) announced that these new banknotes will gradually enter circulation starting this Tuesday and be available at bank branches and ATMs nationwide.

  • Tuesday, May 7th 2024 - 10:53 UTC

    Bolivia: Evo Morales displaces from MAS leadership

    New MAS Chairman Grover García belongs to President Luis Arce Catacora's faction as Evo's aura seems to be coming to an end

    Former President Evo Morales has been deposed as leader of Bolivia's Movement Towards Socialism (MAS) after a party congress over the weekend chose Grover Garcia to chair the political movement. The winner is aligned with incumbent President Luis Arce Catacora, a former ally of Morales' who has become his deadliest enemy in recent years. García stems from the Single Confederation of Bolivian Peasant Workers Union (CSUTCB) and was also mayor of the municipality of Tiraque.

  • Tuesday, May 7th 2024 - 10:37 UTC

    Paraguayan health authorities warn of another disease transmitted by mosquitoes

    Oropouche causes a condition similar to that of dengue

    Paraguayan health authorities said the number of dengue cases was declining. Still, they told the population to look out for oropouche, another mosquito-borne virus that causes symptoms similar to those of dengue. Instead of the Aedes Aegypti, or pouches is carried by the Culicoides Paraensis mosquito.

  • Tuesday, May 7th 2024 - 10:26 UTC

    Bird Flu in the Falklands: 23/24 season experience and planning for 24/25

    There is evidence to suggest that some birds have been exposed to HPAI over this season and have developed antibodies

    On Thursday 2 May the Wildlife Disease Response Group, which includes representatives from Falkland Islands Government, Falklands Conservation, Falkland Islands Tourist Board, Government of South Georgia and South Sandwich Islands, UK Ministry of Defense and other relevant stakeholders, met to discuss the 23/24 summer season specifically about the HPAI situation in the Falklands and the response to it.