Paraguay's Central Bank (BCP) announced this week that inflation in February amounted to 0% from January's values despite increases in education and food, particularly eggs, it was reported in Asunción. In the same month last year, the Consumer Price Index (CPI) had gone up 0.5%. However, these achievements have a price tag.
China on Tuesday announced an ambitious economic growth target of 5% for 2024, vowing to “seek progress while maintaining stability” amid a sluggish economy and weak confidence among investors and consumers. This contrasts with the 5,2% reported for 2023 and 3% during 2022.
In 2019 the Falkland Islands Government (FIG) and the National Sports Council (NSC) agreed that investment in sports in the Falkland Islands was a key priority and a dedicated sports facility should be developed. FIG’s technical experts calculated that the cost of the facilities that would be required to future proof the facility would be around £6-£10m depending on detailed specifications.
In a bid to enhance its infrastructure, the Falkland Islands Government (FIG) has taken significant steps towards the replacement of the Stanley port facility, known as FIPASS. Following recent executive council meetings, two pivotal papers have been approved to advance the project.
Argentina's state-run news service Télam came to an end Monday when 700 of its workers received emails telling them they should not show up for work because they had been placed on leave while the outlet's website shows a sign reading it is “under reconstruction.” President Javier Milei had announced on March 1 that one of his spending cuts would involve closing what he dubbed “a nest of Kirchnerite propaganda.”
Uruguayan health authorities confirmed Monday the second case of autochthonous dengue in the country, it was reported in Montevideo.
Brazil's Central Bank (BCB) President Roberto Campos Neto said on Monday that inflation in South America's largest country was taking a turn in a benign direction, Agencia Brasil reported. In his view, the services sector requires the most attention because it has started to put a bit of pressure on prices.
The two main contenders for the primaries of Uruguay's opposition Broad Front (Frente Amplio - FA) have launched their bids to succeed Luis Lacalle Pou at the Executive Tower. To do this, frontrunner Yamandú Orsi resigned as mayor (governor) of Canelones while Carolina Cosse is on leave as mayor of Montevideo until July 8.
Brazilian President Luiz Inácio Lula da Silva Monday suggested International Monetary Fund (IMF) Managing Director Kristalina Georgieva should move on with the reform of the credit agency, among other issues they discussed during their “good conversation” in Brasilia where they also reviewed “social inclusion” and the “Poverty in the world” project.
US Global Anti-Corruption Coordinator Richard Nephew told Paraguayan President Santiago Peña in Asunción on Monday that Washington would “continue to use a full range of tools to advance US priorities in anti-corruption activities, including strengthening capabilities in criminal justice and oversight of accountability institutions.”