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Montevideo, September 19th 2024 - 15:56 UTC

Stories for 2024

  • Friday, August 2nd 2024 - 11:57 UTC

    Bank of England cuts basic rate to 5% in divided vote; monetary policy will continue restrictive

    Andrew Bailey, Chair of the Bank of England, admitted that the fall in interest rates was “not mission accomplished yet”.

    The Bank of England Monetary Policy Committee, MPC at its meeting ending on 31 July 2024, voted by a majority of 5–4 to reduce Bank Rate by 0.25 percentage points, to 5%. Four members preferred to maintain Bank Rate at 5.25%.

  • Friday, August 2nd 2024 - 11:24 UTC

    PM Keir Starmer and Lula da Sila confirm close relations between Brazil/ UK 

     Sir Keir Starmer and Lula da Silva

    United Kingdom Prime Minister Keir Starmer spoke with Brazilian President Lula da Silva this week. The Brazilian President warmly welcomed the Prime Minister’s recent election victory, and the leaders discussed the close areas of collaboration between the UK and Brazil, including on climate and nature. 

  • Friday, August 2nd 2024 - 10:55 UTC

    US says González Urrutia won the Venezuelan elections

    The State Secretary recalled that the results announced by the opposition would corroborate the exit polls and the conclusions of independent observers

    US Secretary of State Antony Blinken admitted Thursday that opposition candidate Edmundo González Urrutia had won Sunday's elections in Venezuela despite the National Electoral Council (CNE) announcing that the incumbent Nicolás Maduro had prevailed with 51.2% of the vote to 44.2%.

  • Friday, August 2nd 2024 - 10:19 UTC

    Chile's Central Bank keeps TPM interest rate unchanged

    The TPM is thus expected to keep dropping “during the monetary policy horizon” but not now, the bank insisted

    Chile's Central Bank decided this week to keep the monetary policy interest rate (TPM) unchanged at 5.75%, it was announced in Santiago after Wednesday's monthly Council meeting during which July's 0.25% lowering from 6% was upheld.

  • Friday, August 2nd 2024 - 08:44 UTC

    Maduro says maximum security prisons await protesters

    Maduro also joked that the incarcerated protesters should be put to work to “build more roads”

    Venezuelan President Nicolás Maduro announced Thursday that two maximum security prisons were to be refurbished in haste to house and “reeducate” the political opponents of his regime who were arrested during the recent protests following his fudgy reelection last Sunday.

  • Friday, August 2nd 2024 - 08:44 UTC

    Milei and Macri meet at Olivos presidential residence

    Macri said at a rally that he would still support Milei but PRO and LLA would not merge

    Argentine President Javier Milei welcomed former head of state Mauricio Macri (2015-2019) at the Olivos residence. The private encounter lasted about four hours. No information was released about the issues discussed but Spokesman Manuel Adorni said it was “a meeting of friends.” According to local media, it was a follow-up on the talks they held on July 8 and 9 in Tucumán during the signing of the so-called May Pact.

  • Thursday, August 1st 2024 - 23:00 UTC

    Petrobras increases yoy output in 2Q of 2024

    A milestone for Petrobras milestones in this quarter was the arrival of the Marechal Duque de Caxias FPSO vessel platform

    Brazil's State-run company Petrobras posted this week a 2.4% interannual increase in oil and natural gas output in the second quarter of 2024, with 2.7 million barrels of oil equivalent per day (boed) thanks to improving performances at five sea platforms and 12 wells, eight of them in the Campos Basin and four in the Santos one. However, compared to this year's first quarter of this year, average production fell 2.8% due to maintenance shutdowns and the natural decline of mature fields.

  • Thursday, August 1st 2024 - 21:03 UTC

    Brazilian flag flies over Argentine Embassy in Caracas

    Brazil is also representing Peruvian interests in Venezuela

    The Brazilian flag was hoisted Thursday at the Argentine Embassy in Caracas, where six Venezuelan asylum seekers were left behind by the departing diplomatic team.

  • Thursday, August 1st 2024 - 10:50 UTC

    Falklands stands down on Argos Georgia missing crewmembers recovery

    Vessels travelling the datum area over the coming weeks are being encouraged to look out for any signs of those still missing or debris and report them to FIMA

    On Wednesday 31 July 2024, the Falkland Islands Government formally stood down the recovery efforts to locate the missing crew members following the loss of the fishing vessel Argos Georgia. This follows consideration of all circumstances and in line with all international requirements.

  • Thursday, August 1st 2024 - 10:06 UTC

    Musk agrees to fight Maduro “mano a mano”

    I'll take you on your ride to Mars offer “but you're coming with me,” Maduro said

    Tycoon Elon Musk Wednesday accepted Venezuelan President Nicolás Maduro's challenge to engage in a fistfight. “If I win, he resigns as dictator of Venezuela,” the Tesla CEO said in his reply. If defeated, Musk -whose company SpaceX has launched numerous satellites into orbit- also offered to give Maduro a free ride to Mars.