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Montevideo, December 23rd 2024 - 18:30 UTC

Stories for July 11th 2024

  • Thursday, July 11th 2024 - 21:40 UTC

    Uruguay faces persistent fiscal deficit: Levels match end of previous administration

    The Ministry of Economy, led by Azucena Arbeleche (right), has explained that the unexpected drop in inflation, which ended 2023 at 5.1%, impacted fiscal revenues, particularly VAT collection

    The fiscal deficit in Uruguay has reached levels comparable to those at the end of the previous leftist Frente Amplio's administration, posing a significant challenge to the current government a few months before the next elections. The latest data, adjusted for extraordinary factors such as the pandemic, indicates that the consolidated fiscal deficit stands at 4.4% of GDP, mirroring the 2019 figures.

  • Thursday, July 11th 2024 - 19:46 UTC

    Colombian VP's car shot at; she was elsewhere

    Márquez urged the EMC guerrillas to “allow Cauca to live in peace and move forward”

    The car Colombian Vice President Francia Márquez usually rides was shot at Wednesday although the apparent target of the onslaught was not aboard at the time of the attack, it was reported from her native southwestern city of Suárez.

  • Thursday, July 11th 2024 - 19:17 UTC

    Buenos Aires the best city in the region, The Economist finds

    Founded in 1580, the Argentine capital topped the list for the third consecutive year

    Buenos Aires was once again picked by The Economist as the most liveable city in South America according to the outlet's usual scale measuring environmental, cultural, and infrastructural issues in addition to stability and medical care. The Argentine capital topped the list for the third year in a row, standing out for its highly regarded UBA (University of Buenos Aires) among other perks.

  • Thursday, July 11th 2024 - 12:25 UTC

    Argentine airline pilots announce strike against deregulation

    The measure has been announced with the winter school recess coming nearer

    Argentine airline pilots announced a strike for Friday, the last working day before the winter school break and judiciary recess, to protest against the decision of President Javier Milei's Government to open up the industry to foreign players through deregulation.

  • Thursday, July 11th 2024 - 11:29 UTC

    Milei blames lawmakers for the delays in his government's achievements

    The President spoke of “serial goofers” doing “their things” to keep the government off track by wanting to spend recklessly

    During his appearance at the celebrations of the Buenos Aires Stock Exchange's 170th Anniversary, Argentine President Javier Milei warned that he would veto any initiative from Congress hindering his administration's fiscal balance and elaborated on what he believes to be the reasons for the so-called “blue” (a euphemism for “black market”) exchange rate between the local peso and the US dollar rising again.

  • Thursday, July 11th 2024 - 03:09 UTC

    Colombia outpace Uruguay to reach their third Copa America final

    A precise header from Jefferson Lerma (16) after 39 minutes gave Colombia the decisive goal

    Colombia earned a most-deserved passage to Sunday's Copa America football final with defending champions Argentina by defeating Uruguay 1-0 despite being short of a man for more than half the match in Charlotte's Bank of America Stadium in South Carolina.