Stories for January 29th 2025

Wednesday, January 29th 2025 - 20:39 UTC
Milei’s Davos speech triggers political and social uproar

Argentine President Javier Milei generated a wave of criticism after his statements at the World Economic Forum in Davos, where he linked homosexuality with pedophilia. His words triggered the call for an “anti-fascist” march, which is expected to be massive in Buenos Aires and other cities of the country
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Wednesday, January 29th 2025 - 20:07 UTC
Financial scandal in Uruguay: Conexión Ganadera and the model that ended up as a Ponzi scheme

The collapse of Conexión Ganadera, one of Uruguay's leading cattle investment firms, has left hundreds of savers in suspense after it was revealed that its financial model operated as a Ponzi scheme. This was stated by accountant Ricardo Giovio, hired by the company to evaluate its situation.
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Wednesday, January 29th 2025 - 11:47 UTC
Lula da Silva returns to full daily activity…and problems

Brazilian president Lula da Silva received medical discharge and can return to normal every day routine, including travelling and physical activities, as informed by a release from the Syrian-Lebanese Hospital in Brasilia.
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Wednesday, January 29th 2025 - 10:49 UTC
UK launches trade envoys to drive UK exports and investments

A new ‘global growth team’ of UK Trade Envoys has been appointed by the Trade Secretary to drive UK exports and investment as the Government pulls every lever available to drive economic growth under its Plan for Change.
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Wednesday, January 29th 2025 - 10:44 UTC
Falklands KEMH laboratory receives accreditation from UKAS

The King Edward VII Memorial Hospital (KEMH) is pleased to announce that its food and water laboratory has received accreditation from the United Kingdom Accreditation Service (UKAS).
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Wednesday, January 29th 2025 - 10:39 UTC
IMF mission leaves Buenos Aires but talks will continue

The International Monetary Fund's (IMF) team rounded up its mission to Buenos Aires Monday saying that negotiations for a new loan will continue. IMF Managing Director Kristalina Georgieva's envoys held meetings with Economy Minister Luis Toto Caputo and other high-ranking officials from the libertarian administration, after which they reckoned that some progress had been made.
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Wednesday, January 29th 2025 - 09:56 UTC
Chile's Central Bank keeps benchmark interest rate at 5%

Chile's Central Bank Council unanimously voted Tuesday in favor of keeping the monetary policy interest rate (TPM) at 5% for the second month in a row amid high volatility in global financial markets after the recent change of government in the United States. Tuesday's decision halted a downward trend that had been going on for months.
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Wednesday, January 29th 2025 - 09:32 UTC
New Uruguayan airline launched

The company to pick up the baton from Pluna as Uruguay's flag airline was launched Tuesday during a press conference at Montevideo's Carrasco International Airport. SUA (Sociedad Uruguaya de Aviación) intends to position the air terminal as a regional logistics hub by reducing flight times and costs to destinations in Mercosur and Chile, it was explained.
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Wednesday, January 29th 2025 - 09:17 UTC
Taxing the “super rich” pays off for Brazil's gov't

Brazilian Finance Minister Fernando Haddad's policy of taxing the “super rich” yielded unprecedented returns of R$ 20.6 billion (US$ 3.32 billion) to the South American country's coffers in 2024, Federal Revenue Secretary Robinson Barreirinhas confirmed Tuesday. The strategy focuses on exclusive investment funds and offshore assets, it was explained.
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Wednesday, January 29th 2025 - 08:36 UTC
Trump's gov't supports Guyana's case regarding Essequibo dispute

US Secretary of State Marco Rubio and Guyanese President Dr. Irfaan Ali held a telephone conversation earlier this week during which the new Republican administration of President Donald Trump ratified its steadfast support of Guyana’s territorial integrity “in the face of Nicolás Maduro and his cronies’ bellicose actions” regarding sovereignty over the Essequibo region, Spokesperson Tammy Bruce confirmed. They also reviewed the ongoing illegal migration crisis.
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