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Montevideo, February 3rd 2025 - 17:04 UTC

Stories for January 2025

  • Thursday, January 23rd 2025 - 22:14 UTC

    Rubio ratifies US recognition of González Urrutia as Venezuela's true President

    Rubio reaffirmed the United States' support for the restoration of democracy in Venezuela

    Venezuelan opposition leaders were told by US Secretary of State Marco Rubio that the Donald Trump administration would hold Edmundo González Urrutia as the truthful President of Venezuela following the controversial July 28, 2024, elections Nicolás Maduro claimed to have won based only on a declaration from the National Electoral Council (CNE) later upheld by the Supreme Court, both of which are under the control of the Chavista regime.

  • Thursday, January 23rd 2025 - 21:45 UTC

    Milei targets progressiveness during Davos speech

    “Wokeism” has “the manifest desire to destroy criticism and dissent,” Milei warned

    Argentine President Javier Milei said Thursday during his appearance before the World Economic Forum (WEF) in Davos (Switzerland) that “we must eliminate the virus of woke ideology” that has been subverting the Western civilization's values over the past few years. Milei likened this “aberrant ideology” to a “virus” and insisted it was “the cancer that must be removed” if the “golden age” was to prevail.

  • Thursday, January 23rd 2025 - 10:22 UTC

    IMF mission arrives in Buenos Aires to discuss US$ 11 billion loan

    The IMF mission is headed by Western Hemisphere Department Deputy Director Luis Cubeddu

    An International Monetary Fund (IMF) team landed in Buenos Aires Wednesday to discuss Argentina's eligibility for a US$ 11 billion new loan to make up for the South American country's currently negative reserves. The mission is headed by the IMF's Western Hemisphere Department Deputy Director Luis Cubeddu.

  • Thursday, January 23rd 2025 - 10:21 UTC

    Chargé d'Affairs takes over US Embassy in Asunción on an interim basis

    Ostfield will most likely not be missed after he caused a lot of damage to Paraguay, Peña claimed

    As controversial US Ambassador Marc Ostfield completed his assignment in Asunción, the US diplomatic mission was left temporarily under Chargé d'Affairs Amir Masliyah -who has been Deputy Mission Chief since July 2022.

  • Thursday, January 23rd 2025 - 08:59 UTC

    Brazil: Dollar plunges to lowest level since November

    Brazil's economy was a mirror of announcements by the new Trump administration in Washington

    The US dollar fell Wednesday below R$ 6 following Donald Trump's second inauguration this week in Washington DC, thus reaching its lowest level since November. Meanwhile, the stock market fell for the first time after three straight rises. The commercial dollar closed Wednesday at R$ 5.946 after hitting R$ 5.91 around 2 pm. So far this year, the US dollar went down by 3.79%.

  • Thursday, January 23rd 2025 - 08:44 UTC

    Former Salvadoran President Funes dies in his Nicaraguan exile

    As a journalist, Funes interviewed world leaders such as Felipe González, Hugo Chávez, Fidel Castro, and Luiz Inacio Lula da Silva

    Former Salvadoran President Carlos Mauricio Funes Cartagena, better known as Mauricio Funes, died Tuesday local time in exile in Nicaragua where Daniel Ortega's Sandinista regime had granted him citizenship, the Health Ministry announced in a statement.

  • Wednesday, January 22nd 2025 - 21:13 UTC

    Milei would have no qualms breaking up with Mercosur if need be for FTA with US

    Milei is willing to pay any price to drive along what he thinks is prosperity's road

    Argentine President Javier Milei said in an interview with Bloomberg in Davos (Switzerland) that if breaking up with the Southern Common Market (Mercosur) was a requirement to sign a Free Trade Agreement (FTA) with the United States, he would not hesitate to do it.

  • Wednesday, January 22nd 2025 - 20:53 UTC

    Argentina picks Béraud to head all three Montevideo-based embassies

    Béraud is a career diplomat who has served as Ambassador to Japan and Costa Rica

    Argentina's Libertarian Government Wednesday announced the appointment of career Ambassador Alan Claudio Béraud as the new mission chief before Uruguay. Béraud is already stationed in Montevideo, where he heads Argentina's representations before the Southern Comon Market (Mercosur) and the Latin American Integration Association (ALADI).

  • Wednesday, January 22nd 2025 - 10:48 UTC

    Cuba back on US list of terrorism-sponsoring nations under Trump

    The Republican head of state placed Cuba among those nations where he had already included it during his first term in office (2017-2021)

    US President Donald Trump added Cuba once again to the list of nations sponsoring terrorism and announced tougher measures against Venezuela's Bolivarian regime which stayed in power past Jan. 10 despite half the world not recognizing Nicolás Maduro as the legitimate winner of the July 28, 2024, elections.

  • Wednesday, January 22nd 2025 - 09:30 UTC

    Brazilian Central Bank report foresees 5.08% inflation for this year

    The Brazilian real is expected to grow against the US dollar in the coming years, the Focus Bulletin said

    The Focus Bulletin released earlier this week by Brazil's Central Bank (BCB) projected a 5.08% inflation for this year in South America's largest country. The new prediction represented a slight twitch from last week's 5% National Consumer Price Index (IPCA). Meanwhile, Brazil's Gross Domestic Product (GDP) - the sum of goods and services produced in the country - is expected to grow by 2.04% in 2025, a slight improvement from 2.02% the week before.