Stories for 2024

Friday, April 12th 2024 - 15:40 UTC
European Central bank keeps high interest rates unchanged; US surprised by rising inflation in March

In a week in which the United States was surprised by an increase in inflation further delaying prospects of a soon cut in the Federal Reserve's rate cut, the European Central Bank held interest rates at a record high, although as usual signaling it could cut interest rates at its next meeting in June.
Friday, April 12th 2024 - 15:30 UTC
Latin America and Caribbean persistent low growth and stalled progress, World Bank report

Latin America and the Caribbean (LAC) has reached a critical juncture. While the region has made significant progress in economic stabilization over recent decades, growth has stalled, undermining progress. Urgent action is needed to reverse course. In a new report, “Competition: The Missing Ingredient for Growth?” the World Bank highlights potential areas for action, emphasizing that leveraging competition policies and institutions is key to any impactful growth strategy.
Friday, April 12th 2024 - 10:44 UTC
Argentine court finds Hezbollah behind 1992 and 1994 bombings in Buenos Aires

A court of appeals in Buenos Aires determined Thursday that the Iran-sponsored terrorist organization Hezbollah was behind the bombings of the Israeli Embassy in 1992 and the Jewish Welfare Association AMIA in 1994 in Buenos Aires.
Friday, April 12th 2024 - 10:12 UTC
Milei's recent presence in Ushuaia triggers sovereignty concerns in Chile

Mayor Claudio Radonich of the southern Chilean city of Punta Arenas insisted this week that his country had “deantarticulated” over the past 30 years and urged the political leadership to be much more “intense” in matters concerning Antarctica given Argentine President Javier Milei's recent actions regarding the area when a United States base in Ushuaia was announced during US Southern Command Chief General Laura Richardson's visit.
Friday, April 12th 2024 - 10:02 UTC
Libertarian Lower House bloc dented over Impeachment Committee chair feud

Argentine President Javier Milei's La Libertad Avanza (LLA) Lower House bloc head Oscar Zago was replaced by Gabriel Bornoroni following a misunderstanding involving the Impeachment Committee's chair.
Friday, April 12th 2024 - 09:50 UTC
Presidents Peña and Lacalle Pou fly together to Uruguay

After attending a South American Football Confederation (Conmebol) event in Luque on Thursday, Presidents Luis Lacalle Pou and Santiago Peña flew to Uruguay for further engagements.
Thursday, April 11th 2024 - 19:44 UTC
Rotating supply cuts launched as Bogotá's water reservoirs are running dry

Authorities in the capital of Colombia began rationing water on Thursday as local reservoirs were reported to be nearing alarming levels due to the El Niño phenomenon coupled with the aftermaths of global warming. It has not been ruled out that the severe drought might result as well in an energy crisis hitting some 10 million people who live in Bogotá and the surrounding areas.
Thursday, April 11th 2024 - 18:58 UTC
Uruguay: Number of dengue cases on the rise in Salto

Uruguayan health authorities have expressed their concern about the recent increase in the number of cases of dengue fever in the town of Salto, where over 130 detections have been confirmed.
Thursday, April 11th 2024 - 18:29 UTC
Rise of neo‑Nazi groups reported in Brazil

According to a study from Brazil’s National Human Rights Council based on various surveys, the presence of Nazi groups in the South American country is alarmingly on the rise. The document was submitted before the United Nations (UN), Agencia Brasil reported this week.
Thursday, April 11th 2024 - 10:55 UTC
Demonstrators arrested, reporters wounded as police crush demonstration in Buenos Aires

Protesters were wounded and arrested in Buenos Aires Wednesday as law enforcement forces crushed a demonstration along the iconic 9 de Julio Avenue against the policies of Libertarian President Javier Milei that rendered social organizations almost helpless in the face of increasing constraints. Some journalists were also injured or apprehended during the incidents.