Stories for November 2024

Saturday, November 9th 2024 - 10:43 UTC
BCP President says inflation no longer a problem

Paraguayan Central Bank (BCP) President Carlos Carvallo said Friday in Luque at the Expo Paraguay Brazil convention that inflation in his country was no longer a concern. He made those remarks during his appearance at a panel titled “Inflation, currency, and macroeconomic challenges, and the BCP's strategic vision” at the event held at the South American Football Confederation's (Conmebol) headquarters.
Saturday, November 9th 2024 - 10:34 UTC
Car sales skyrocket in Brazil

Car sales in Brazil went up 21.6% interannually last month, the best performance since 2014, according to a National Association of Automotive Vehicle Manufacturers (Anfavea) report released this week. The document mentioned 264,949 units sold last month alone, a 12.1% growth from September and also the highest monthly sales volume since December 2014.
Saturday, November 9th 2024 - 10:29 UTC
Paraguay joins Lula's Global Alliance Against Hunger

The Paraguayan Government of President Santiago Peña Friday announced the South American country's “formal and voluntary” adherence to the Global Alliance Against Hunger and Poverty, an initiative fostered by Brazilian President Luiz Inácio Lula da Silva during his current G20 rotating leadership.
Saturday, November 9th 2024 - 10:26 UTC
Spanish language Royal Academy incorporates the word “Che” to its latest dictionary edition

The River Plate word “che,” (‘chey’ in Falklands), has been officially incorporated into the latest edition of the Spanish Real Academy in recognition of the dynamic and inclusive Spanish language and its many linguistic versions in Latin America.
Friday, November 8th 2024 - 22:26 UTC
Bolivia's Constitutional Court rules Evo may never run again for president

Bolivia's Plurinational Constitutional Tribunal (TCP) ruled Friday once again that former President Juan Evo Morales Ayma is banned from running again for such an office, given the number of terms already served. The TCP thus insisted that no elected authority can seek a third term after having been reelected consecutively or otherwise.
Friday, November 8th 2024 - 21:51 UTC
Ramp handling company out, Aerolíneas Argentinas might follow suit

The Aerolíneas Argentinas pilots agreed not to stage any further strikes as long as wage negotiations with the Argentine government keep going on, pilots union leader
Mateo Ferreira told reporters after Friday's meeting. “We are reassuring passengers that at least the pilots' union will not take measures of force,” he stressed. If no arrangement is reached, “a crisis procedure” would be set in motion, whereby “the arbitrator is the Labor Secretary,” he also explained.
Friday, November 8th 2024 - 19:21 UTC
US Federal Reserve cuts rate by 25 basis points, but future decisions to be conditioned by Trump and Republicans dominance

The US Federal Reserve’s Open Market Committee cut interest rates by a quarter percentage point, on Thursday, the same week in which Donald Trump was swept in as elected president with a Legislative and Judicial branch packed with his conservative populists.
Friday, November 8th 2024 - 19:17 UTC
Bank of England cut the key interest rate to 4.75%, but anticipates a more cautious approach to further trims

The Bank of England in an almost unanimous decision cut interest rates by 25 basis points on Thursday, a boost relief for mortgage holders, but also raised its inflation forecast following on Labor’s government budget and global uncertainty, which most probably conditions future policy easing.
Friday, November 8th 2024 - 19:05 UTC
Falklands orders four new Britten-Norman 2B-26 Islander aircraft

The Falkland Islands Government has signed a Letter of Intent with Britten-Norman with a view to ordering four new BN2B-26 Islander aircraft at a total value of US$9.75 million, reported the British manufacturer
Friday, November 8th 2024 - 10:55 UTC
“Falklands are British”, an unequivocal message from UK Minister for the Armed Forces

Plymouth has a long and rich naval history. It is celebrated as where Sir Francis Drake played bowls as the Spanish Armada loomed in 1588 and as a key embarkation point for invading Allied forces on D-Day. However, the city’s critical role in the Falklands War is perhaps less widely appreciated.