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Montevideo, December 23rd 2024 - 11:06 UTC

Stories for May 2024

  • Wednesday, May 8th 2024 - 10:59 UTC

    Falklands: “Our relation with Argentina is cyclical, one step forward and two back”

    MLA Pollard: “It appears to us that Argentina have a president here that probably cares more about trying to care their economy,” and focus perhaps slightly less on us”

    Argentine president Javier Milei has shocked his country's public opinion admitting that the Falkland Islands are still British, but he has not dropped the sovereignty claim and has vowed to recover them, by diplomatic means, in “a long-term process.”

  • Wednesday, May 8th 2024 - 10:49 UTC

    Kirchner Cultural Center (CCK) in BA to be renamed Palacio Libertad

    Under Mauricio Macri (2015-2019) several initiatives to rename it were unsuccessful

    Argentine authorities announced Tuesday that the Kirchner Cultural Center in Buenos Aires would be renamed “Palacio Libertad,” Presidential Spokesman Manuel Adorni confirmed. Still, Adorni failed to specify when the name change would become effective but it was explained that the modification would stem from a Casa Rosada decree.

  • Wednesday, May 8th 2024 - 10:45 UTC

    CFK says Milei plans to instate a 21st-century colonialism

    “I think we are in the presence of a political force that has a problem with women,” CFK underlined

    Former Argentine President Cristina Fernández de Kirchner (CFK) admitted Tuesday during an event at the headquarters of the Instituto Patria in Buenos Aires that she was “not a feminist” and drew mixed reactions from her followers.

  • Wednesday, May 8th 2024 - 10:37 UTC

    Rio Grande do Sul: Situation keeps getting worse

    Leite described the situation as a “catastrophe”

    According to the latest bulletin, 95 people have been killed so far in the Brazilian state of Rio Grande do Sul by the highly unusual heavy rains hitting the area since April 19, Agencia Brasil reported. Governor Eduardo Leite confirmed that 131 people were missing and at least 401 towns (out of 497 statewide) had been affected.

  • Wednesday, May 8th 2024 - 10:34 UTC

    Brasil: Cármen Lúcia to replace Alexandre De Moraes as TSE Chief Justice

    Lúcia has already been the first woman ever to chair the TSE

    Cármen Lúcia has been slated to succeed Alexandre De Moraes as Chief Justice of Brazil's Superior Electoral Court (TSE) starting June 3. It will be Lúcia's second term in the post. In 2012 she became the first woman ever to hold that office. Her term will span through 2026. The TSE is made up of at least seven justices, three from the Supreme Federal Court (STF), two from the Superior Court of Justice (STJ), and two lawyers.

  • 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.