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Montevideo, May 18th 2024 - 06:58 UTC

Stories for 2024

  • Saturday, May 11th 2024 - 10:47 UTC

    No fatalities reported after train clash in Buenos Aires

    There is a total degradation of the state-run railway company, railway union leader Maturano explained

    A train collision at 10.30 am Friday in the Buenos Aires neighborhood of Palermo left many people injured but no casualties were reported. While authorities are yet to determine the cause of the accident, railway union leaders blamed the Libertarian administration of President Javier Milei for the faulty signaling which has worsened over the past few months given the increase in copper wiring thefts.

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  • Saturday, May 11th 2024 - 10:43 UTC

    Wages trail inflation in Argentina under Milei

    Wages trail inflation in Argentina under Milei

    Inflation outpaced salaries in March by 11% to 10.3%, according to a report by Argentina's National Institute of Statistics and Censuses (Indec) released Friday in Buenos Aires. In yoy terms, the Wage Index increased by 200.8% on average (231.7% in the registered private sector, 183.7% in the public sector, and 129.2% in the informal private sector) and inflation was 287.9%, the survey showed. Hence, President Javier Milei's perception that salaries were recovering turned out inaccurate.

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  • Friday, May 10th 2024 - 21:22 UTC

    UN General Assembly okays Palestine's full membership but with no voting rights

    According to BA media, Argentina might expect Israel's reciprocity regarding the Falklands/Malvinas issue after siding with the minority on Friday

    Despite Argentina's thumbs down together with eight other countries, the United Nations (UN) decided on Friday by 143 votes in favor and 25 abstentions to upgrade Palestine's status within the organization to that of a full membership, it was reported in New York. In 2012, Palestine had been admitted as an Observer State with 138 votes in and also 9 against.

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  • Friday, May 10th 2024 - 20:27 UTC

    New incident between Argentine forces and illegal Paraguayan fishermen

    Argentina's Foreign Ministry has repeatedly turned a blind eye to the conflict, Valdés said

    The Governor of the Argentine province of Corrientes Gustavo Valdés insisted that the Foreign Ministry and the Senate should get involved after another clash was reported between unauthorized Paraguayan fishermen and the Coast Guard (Prefectura Naval Argentina - PNA). “I hope they take care and do not continue denying the conflict as they have been,” Valdés underlined.

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  • Friday, May 10th 2024 - 19:35 UTC

    Gen. Richardson warns of dangers of China's LatAm expansion

    Security and economic stability go “hand in hand,” Richardson insisted

    US Southern Command (Southcom) Chief General Laura Richardson warned during her appearance Thursday at the Ninth Hemispheric Security Conference (HSC) at the Florida International University (FIU) Miami campus, organized by the Jack D. Gordon Institute for Public Policy together with the Taeda Foundation that China's growing influence in building critical infrastructure in Latin America had raised security concerns. In addition, the region hardly benefits “from the resources that China extracts,” the four-star general stressed.

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  • Friday, May 10th 2024 - 10:59 UTC

    Thursday's strike, a wake-up call to the Argentine authorities, CGT claims

    The government needs to change course or more general strikes will be called for, Daer warned

    After Thursday's general strike, Argentina's General Labor Confederation (CGT) said the measure should be as a “wake-up call to the authorities” who “must take note” of the scenario ahead. CGT co-leader Héctor Daer also mentioned that “we take note of the support” of the workers who have suffered a hefty wage reduction since President Javier Milei took office on Dec. 10, 2023.

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  • Friday, May 10th 2024 - 10:50 UTC

    Presence of Zionist lecturer ends up in scandal at Uruguay's main university

    “Yes, I am a Zionist, and I am proud of it,” the Montevideo-born Spektorowski stressed

    A student movement resulting in the suppression of a course to be taught by Professor Alberto Spektorowski at Montevideo's Faculty of Humanities of the University of the Republic (Udelar) given his “Zionist” allegiance has led to a scandal in the Uruguayan capital involving the local Jewish community and various Members of Parliament.

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  • Friday, May 10th 2024 - 10:46 UTC

    Bank of England keeps rate at 5,25%; March inflation 3,2%, but services remain high, 6%

    Twelve-month CPI inflation fell to 3.2% in March from 3.4% in February. CPI inflation is expected to return to close to the 2% target in the near term

    The Bank of England’s Monetary Policy Committee (MPC) at its meeting ending on 8 May 2024, voted by a majority of 7–2 to maintain Bank Rate at 5.25%. Two members preferred to reduce Bank Rate by 0.25 percentage points, to 5%.

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  • Friday, May 10th 2024 - 10:40 UTC

    India will host significant Antarctica research and environmental meetings

    India’s first Antarctic research station, Dakshin Gangotri, was established in 1983. At present, India operates two year-round research stations: Maitri (1989) and Bharati (2012).

    India through the National Centre for Polar and Ocean Research (NCPOR), will host the 46th Antarctic Treaty Consultative Meeting (ATCM 46) and the 26th Meeting of the Committee for Environmental Protection (CEP 26) from May 20 to 30, 2024, in Kochi, Kerala. This is in line with India’s poise to facilitate constructive global dialogue on environmental stewardship, scientific collaboration, and cooperation in Antarctica.

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  • Thursday, May 9th 2024 - 23:31 UTC

    Brazil's Central Bank lowers Selic rate once again

    There was no indication as to what may happen in the next BCB board meeting

    Brazil's Central Bank (BCB) lowered once again the South American country's Selic benchmark interest rate to 10.5% per year amid a recent rise in the quotation of the US dollar, Agencia Brasil reported.

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