Stories for 2024

Thursday, August 1st 2024 - 09:07 UTC
Brazil's Copom keeps Selic unchanged

Brazil's Central Bank (BCB) Monetary Policy Committee (Copom) unanimously agreed Wednesday to keep the Selic basic interest rate at 10.5% per year, Agencia Brasil reported. The measure followed through on June's decision to stop the downward cycle that spanned from August last year until March this year, during which the Selic was lowered by 0.5 percentage points at each meeting until in May it was 0.25 percentage points.
Thursday, August 1st 2024 - 09:06 UTC
OAS fails to pass resolution calling for transparency in Venezuela

The Organization of American States (OAS) Permanent Council was one vote short Wednesday of passing a resolution to demand that Venezuelan electoral authorities publish the minutes of each voting table which would prove there was no fraud last Sunday when the incumbent Nicolás Maduro had been lawfully chosen for the 2025-2031 term.
Thursday, August 1st 2024 - 07:48 UTC
US Fed keeps rates unchanged; chair Powell believes a cut rate “could be on the table in September”

The Unites States Federal Reserve on Wednesday, following on a two day meeting (July 30/31) kept the key interest rate unchanged at a 23 year high of 5,3%, but chairman Jerome Powell said that the stage was set for the central bank's first rate cut in four years. With lower inflation and a cooler jobs market, this could happen at the next FOMC meeting in September.
Thursday, August 1st 2024 - 04:46 UTC
The rise of Latin American video-on-demand platforms: Regional streaming service out to reclaim markets

The Latin American landscape for streaming services is ushering in an exciting time for its subscriber base. For a long time, video-on-demand (VOD) subscription services like Netflix and Amazon Prime have been the dominant players in this industry.<br />
However, regional players such as Blim in Mexico, Looke in Brazil, and Flow in Argentina are gearing up for a showdown as local streaming services look to stamp their claim on their respective markets. Do the big-name streaming services have anything to worry about?
Thursday, August 1st 2024 - 04:38 UTC
Why does the wild west era still fascinate us?

Stories of cowboys and outlaws remain a big part of the entertainment industry. The latest movies and TV shows showcase different aspects of the Wild West period, but why are people still fascinated by it?
Wednesday, July 31st 2024 - 23:55 UTC
Falklands new Acting Governor sworn in, Adam Pile OBE son of a war Veteran

Falklands Government House announced on Tuesday July 30 that the Deputy Director for the Overseas Territories Directorate of the Foreign, Commonwealth and Development Office, Adam Pile OBE, has been sworn in as the Acting Governor of the Falkland Islands and Acting Commissioner of South Georgia and the South Sandwich Islands.
Wednesday, July 31st 2024 - 22:38 UTC
YPF and Petronas announce joint LNG partnership in Argentine Patagonia

Argentina's state-run oil company YPF and its Malaysian version Petronas will invest over US$ 30 billion to build a Liquefied Natural Gas (LNG) plant in the Patagonian province of Río Negro, it was announced, thus ending speculations according to which such a facility was to be or should have been settled in the Bahía Blanca area in the province of Buenos Aires.
Wednesday, July 31st 2024 - 20:30 UTC
International community underlines lack of transparency in Venezuelan elections

The international community keeps harboring doubts as to the authenticity of the rsults for the Venezuelan presidential elections announced in Caracas by the National Electoral Council (CNE) on Sunday. A joint statement was issued Wednesday in this regard by the foreign ministers of the seven countries making up the G7, arguably the strongest nations from an economic viewpoint which also enforce democratic principles while the Carter Center, one of the observers participating in the process, admitted it could not be considered “democratic.”
Wednesday, July 31st 2024 - 11:05 UTC
At least 11 reported dead in Venezuelan rioting

At least 11 people were killed across Venezuela amid riots protesting against the announced result of Sunday's presidential elections in which the incumbent Nicolás Maduro was said to have won another six-year term (2025-2031), it was reported Tuesday in Caracas. In this scenario, 749 have been arrested and 48 law enforcement officers were reported injured. The Non-Government Organization (NGO) Foro Penal believed the number of casualties reached 29.
Wednesday, July 31st 2024 - 10:55 UTC
Lula and Biden discuss Venezuelan elections and put pressure on Maduro

Presidents Luiz Inácio Lula da Silva of Brazil and Joseph Biden of the United States Tuesday discussed the Venezuelan crisis during a telephone conversation, Agencia Brasil reported. The South American leader insisted on the importance of the minutes of each voting station being released and Biden concurred.