According to a survey published by the Argentine Confederation of Medium-Sized Companies (CAME) report released Monday in Buenos Aires, retail sales in Argentina fell 7.3% year-on-year in May as President Javier Milei's chainsaw economic policies took a deeper toll on the purchasing power of the population.
Argentina's Foreign Ministry issued a statement Monday on the 195th anniversary of the establishment of a garrison known as the Political and Military Command in the Falklands/Malvinas Islands in the name of the Province of Buenos Aires. The settlement remained there until it was displaced in 1833 by a stronger British force. The document reviewed Argentina's claims following that event.
European Union citizens switched to the right en masse at Sunday's parliamentary polls dealing a severe blow to progressive administrations such as the ones in Belgium and France, resulting in the resignation of Prime Minister Alexander De Croo and President Emmanuel Macron dissolving the National Assembly and calling snap elections, respectively.
Brazil’s Federal Supreme Court (STF) last week signed an agreement with companies such as YouTube, Google, Microsoft, Kwai, TikTok, and Meta to tackle online disinformation, Agencia Brasil reported. The initiative seeks to promote educational and awareness-raising activities regarding the negative impacts of these practices.
Dignitaries from all South American Common Market (Mercosur) nations gathered in Asunción last week to sign a declaration against terrorism which was named after the Argentine Israelite Mutual Association (AMIA) in Buenos Aires just a month before the 30th anniversary of the bombing of its headquarters on July 18, 1994, killing 85 people and leaving some 300 wounded.
Data collected by tour companies operating in Antarctica is bolstering conservation measures for whales and seals along the region’s Peninsula, according to a piece by Travel and Tour World news site.
Argentine healthcare experts in the Buenos Aires area said this weekend that medical wards were on the brink of collapse given the number of people seeking attention with symptoms of influenza or other respiratory diseases such as influenza A or pneumonia. At the same time, they encouraged the population to get vaccinated against the flu because coverage this year was below 40% while cases went up by 15% from 2023.
Brazilian President Luiz Inacio Lula da Silva will be attending this week's G7 Summit in Borgo Egnazia at the invitation of Prime Minister Georgia Meloni with a mission to focus on social inclusion and climate change, Agencia Brasil reported.
On Saturday the South Atlantic Environment Research Institute, SAERI, invited the Falkland Islands community to celebrate Oceans Day, and create awareness of how much the South Atlantic islands depend on them. According to Resolution 63/111 of December 2008, the UN General Assembly designated 8 June as World Oceans Day. And “Awaken New Depths” is the theme for World Oceans 2024.
By Christine Lagarde
The ECB has cut interest rates, 6th June. President Christine Lagarde explains why and sets out what still needs to be done to bring inflation back to 2% over the medium term. (*)