UK pubs and bars seem to have found a way to beat inflation. A report published on Friday by the Chartered Trading Standards Institute (CTSI) found that 70% of the beer and wine it sampled across the UK was being short measured. It calculated that this meant an average beer drinker was losing around £88.40 a year, while a wine drinker was losing around £114.40 per year.
Chilean and Canadian partners of the Montecon consortium handling operations in the port of Montevideo have started an arbitration process for “damages and losses” worth up to US$ 600 million against the Uruguayan State before the International Centre for Settlement of Investment Disputes (ICSID) after preventing the company from transferring and storing containers in the facility's docks. Montecon is owned by the Neltume Ports consortium.
Following on the announcement of U.K. Prime Minister Rishi Sunak who called an early parliamentary election for July 4, Buckingham Palace said that all members of the Royal Family were canceling most public engagements until after the vote to avoid doing anything that might divert attention from the campaign.
The International Court of Justice (ICJ) Friday issued a landmark ruling ordering Israel to stop its military deployment in Rafah, a spot in southern Gaza where thousands are said to have been killed since the beginning of hostilities in October last year. The highest court of the United Nations (UN) also warned that the current situation was “causing irreparable harm” nearing the genocide of the Palestinian people.
Chile's Central Bank decided to lower the monetary policy interest rate (TPM) from 6.5 to 6% and forecast additional cutbacks in the coming months. Inflation has continued to decline, although at a moderate pace due to the high persistence of the services components, the Central Bank's Board argued in its unanimous rationale given the annual price index 3.5% variation amid a downward trend.
Rumors are mounting in Buenos Aires that Cabinet Chief Nicolás Posse's remaining days in office are numbered and that his exit is already a matter of when and not of if, despite the Libertarian Government of President Javier Milei repeatedly denying the possibility. Posse did not attend Milei's rock star event this week and would not be traveling to Córdoba for Saturday's main May 25 national holiday celebrations.
The International Court of Justice (ICJ) in The Hague, The Netherlands, produced a ruling Thursday that was equally welcomed by both parties in the dispute between Ecuador and Mexico over the police raid at the Embassy in Quito to arrest former Vice President Jorge Glas, who had sought asylum to avoid incarceration after being convicted of corruption.
Protesting teachers in the Argentine city of Posadas tried to break into Misiones' provincial legislators Thursday but were dispersed and pepper-sprayed by the police. Reporters covering the incidents also needed medical attention for irritated eyes.
Uruguayan physicians reported this week that respiratory infections and emergency room visits for this type of illness are on the rise. In addition, the Health Ministry has expressed concern about the low number of pregnant women who have received the flu vaccine this season.
BBC is reporting that a London-born teenager - whose proficiency at spreading the teachings of the Catholic church online led to him being called God's influencer - is set to become a saint. Carlo Acutis died in 2006, at the age of 15, meaning he would be the first millennial - a person born in the early 1980s to late 1990s - to be canonized.