Stories for December 11th 2024

Wednesday, December 11th 2024 - 10:55 UTC
Milei reviews his first year in office

Argentine President Javier Milei reviewed his first year in office, during which he did manage to slow down inflation, albeit at a cost. “I want to thank the ordinary Argentines who were treated as second-class citizens for decades,” he said during his broadcast message.
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Wednesday, December 11th 2024 - 10:46 UTC
Brazil's inflation slows down, IBGE announces

The Broad National Consumer Price Index (IPCA) in South America's largest country stood at 0.39% in November, according to the Institute of Geography and Statistics (IBGE) survey released Tuesday, Agencia Brasil reported. The new figures represented a slowdown from October's 0.56%, which “does not indicate a drop in prices but rather a slower pace of increases” as food items kept driving the IPCA upwards.
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Wednesday, December 11th 2024 - 10:45 UTC
Argentine gov't repeals ancestral land ownership claims in Patagonia

Indigenous communities in Argentine Patagonia voiced their rejection of the Federal Government's Decree 1083/2024 signed Tuesday repealing the territorial emergency in the region which entitled them to claim ancestral land ownership. “It will bring consequences that everyone will regret,” a Mapuche group warned.
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Wednesday, December 11th 2024 - 10:24 UTC
Orsi tells US Ambassador: “We will continue working together”

Uruguay's President-elect Yamandú Orsi promised US Ambassador Heide Fulton that “we will continue working together” after his March 1 inauguration. During their meeting Tuesday at the Hampton by Hilton hotel in Montevideo where Orsi set up his transition offices, the diplomat replied that her office would keep working to add Uruguayan nationals to the visa waiver program.
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Wednesday, December 11th 2024 - 10:09 UTC
Labour pledges 150 major infrastructure projects and 1.5 million homes, biggest building boom in half century

The new Labour government in Britain is pledging more giga-factories, solar farms, roads, and railway lines are set to be green-lighted in the next five years, adding billions to the economy, as part of stretching new milestones.
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Wednesday, December 11th 2024 - 10:05 UTC
International Soil and Water Forum opened in Bangkok to tackle water scarcity and soil degradation

The first International Soil and Water Forum opened this week in Bangkok to map out concrete measures to boost global efforts in managing water scarcity and reversing soil degradation – both critical for global food security and environmental health.
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Wednesday, December 11th 2024 - 09:23 UTC
Cuban’s misery and darkness increase with blackouts and lack of fuel

The Cuban energy crisis situation with its frequent blackouts and fuel shortages means increased economic hardship leading to social unrest, according to international news agencies reports. Blaming the US embargo is the common reaction from the government, but also are an aging infrastructure, lack of investment, plus insufficient supply of fuel add to the people’s misery, living in darkness and uncertainty.
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Wednesday, December 11th 2024 - 09:01 UTC
November FAO Food Price Index, highest since April 2023, boosted by dairy and vegetable oils

The FAO Food Price Index, FFPI, averaged 127.5 points in November 2024, up 0.5 percent from the October level and reaching its highest value since April 2023. The increase was driven by higher price quotations for dairy products and vegetable oils, which slightly outweighed declines in the meat, cereals, and sugar quotations. Compared to historical levels, the FFPI in November was 5.7 percent higher than its corresponding value a year ago but remained 20.4 percent below its peak of 160.2 points reached in March 2022.
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Wednesday, December 11th 2024 - 09:01 UTC
Brazil becomes world’s leading cotton producer and exporter, ahead of US

Brazil has become the world’s leading producer and exporter of cotton, the preeminence of United States. Brazil’s s cotton planted area reached a record 1.97 million hectares, driven by favorable prices and reduced production costs.
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