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Montevideo, July 26th 2024 - 23:45 UTC

Stories for May 13th 2024

  • Monday, May 13th 2024 - 20:45 UTC

    Argentina passes IMF test with flying colors, will get US$ 800mn

    The IMF thanked Caputo and Bausili for their strong commitment to restoring economic stability

    After passing the eighth review of its debt refinancing program with the International Monetary Fund (IMF), Argentina is expected to receive a US$ 800 billion disbursement in the coming weeks, it was announced Monday. However, the transaction still needs to be approved by the IMF Board of Directors.

  • Monday, May 13th 2024 - 20:09 UTC

    Paraguayan beef granted entry into Canadian market

    It took Paraguay's producers almost three years and a half of learning and negotiating to reach this goal

    Canada's Food Inspection Agency (CFIA) greenlighted the entry of Paraguayan meat into their market with nine packing plants already authorized to start shipments. Paraguayan President Santiago Peña celebrated the good news with postings on social media. “I congratulate all the institutions and sectors involved for this important achievement,” he wrote.

  • Monday, May 13th 2024 - 19:38 UTC

    Brazil's Central Bank ups expansion forecast for 2024 to 2.09%

    The 2024 projection is within the inflation target range set by the BCB's National Monetary Council (CMN) of 3% (+- 1.5 percentage points)

    According to the latest issue of the Focus bulletin released Monday by Brazil's Central Bank (BCB), the economy in South America's largest country will grow by 2.09% this year, which represented an improvement from the previous 2.05% forecast, Agencia Brasil reported. The study also foresaw a yearly inflation of 3.76%.

  • Monday, May 13th 2024 - 10:59 UTC

    Falklands war: “The secret pact between Chile and the United Kingdom”, ex-head of Argentine Army

    Thatcher visits General Pinochet on the Wentworth estate

    A former commander in chief of the Argentine Army, 2003 to 2011, and Malvinas Veteran, Martín Balza in a recent column in the Buenos Aires daily Perfil, wrote a column exposing what he described as 'a secret pact between Chile and UK', to help avoid the defeat of the British Task Force in 1982 during the Falkland Islands conflict with Argentina.

  • Monday, May 13th 2024 - 10:55 UTC

    Milei and Lacalle Pou will meet eventually despite not sharing identical views, says Adorni

    Adorni represents the administration's views every morning during his press briefings

    Argentina's Presidential Spokesman Manuel Adorni said in an interview with Montevideo's El País that Presidents Luis Lacalle Pou and Javier Milei had different points of view regarding the State's role in each country's economy. The official also addressed the delay in materializing an encounter between both heads of state despite the short geographical distance separating them.

  • Monday, May 13th 2024 - 10:55 UTC

    LatAm and Caribbean hit hard by crises stemming from El Niño and climate change, according to WMO

    Rio Grande do Sul's “catastrophe is a tragic reminder of how increasingly intense and frequent climate hazards undermine socioeconomic development,” Saulo explained

    The World Meteorological Organization (WMO) pointed out last week that Latin America and the Caribbean were going through a series of weather crises linked to the El Niño phenomenon and climate change. The current one in the Brazilian State of Rio Grande do Sul was one of the worst.

  • Monday, May 13th 2024 - 10:49 UTC

    Massive aid promised to Rio Grande do Sul to overcome floods of biblical proportions

    IDB president Goldfajn has anticipated a US$ 1 billion package

    The Inter American Development Bank, IDB, has announced a package of emergency measures, plus humanitarian aid and special credits for rebuilding infrastructure in the Brazilian state of Rio Grande do Sul currently suffering from the worst floods in a century, with hundreds dead and disappeared, and over a million of the eleven million population forcibly displaced.

  • Monday, May 13th 2024 - 10:48 UTC

    Brazil to buy rice from Mercosur countries to feed storm-hit Rio Grande do Sul

    “We're going to have to import rice from Bolivia, Paraguay, Uruguay, Argentina,” Lula said upon announcing the initiative

    Brazil's National Supply Company (Conab) has been entrusted with purchasing one million tons of rice to feed the people of Rio Grande do Sul and avoid the intervention of middle people seeking a black market profit from the victims of the unprecedented storms. Under normal circumstances, Rio Grande do Sul accounts for 70% of Brazil's rice production.

  • Monday, May 13th 2024 - 10:36 UTC

    Recipient of modified pig kidney dies 7 weeks after procedure

    Slayman had been the first person alive to receive such an organ after several trials on brain-dead bodies

    Rick Slayman, a 62-year-old man who had received a genetically modified pig kidney on March 16 at Massachusetts General Hospital, died this weekend. He had terminal kidney disease when he received the organ during a four-hour operation that was considered a scientific milestone. The transplantation of organs from one species to another is a growing field known as xenotransplantation.

  • Monday, May 13th 2024 - 10:00 UTC

    Peru: New malignant tumor detected in Fujimori's tongue

    “It is my turn to fight a new battle,” Fujimori said in a video posted on X

    Former Peruvian President Alberto Fujimori was found to have yet another malignant tongue tumor, it was reported in Lima during the weekend. The 85-year-old rightwing leader, who was released from jail on Dec. 7, 2023, has suffered from a cancerous lesion for more than 27 years and has undergone six surgeries in the same place.

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