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Montevideo, February 6th 2025 - 16:28 UTC

Stories for February 2025

  • Thursday, February 6th 2025 - 13:19 UTC

    EU juggling options for if or when Trump imposes tariffs

    Sefcovic said the EU's response would be firm

    Given US President Donald Trump's tariffs imposition spree that has already hit Mexico, Canada, and China, the European Union (EU) is considering retaliatory measures should these threats materialize. The European Commission is considering using the “anti-circumvention instrument” (ACI), which allows restrictions in response to coerci⁷ve trade actions by other countries.

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  • Thursday, February 6th 2025 - 10:07 UTC

    Brazil: Coffee price expected to remain high

    On the New York Stock Exchange, the main contracts for Arabica coffee reached all-time highs

    The Brazilian Coffee Industry Association (ABIC) said it expects prices to continue rising in the coming weeks, at least until this year's harvest, which begins around April or May, due to recent adverse weather coupled with increasing global consumption boosted by exports to the newest customer: China.

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  • Thursday, February 6th 2025 - 10:04 UTC

    No free ride for US ships through Panama Canal

    The Government of Panama did agree to give transit priority to US ships

    The Panama Canal Authority Wednesday denied an earlier announcement by the U.S. State Department that ships flying its flag would pass through the iconic interoceanic waterway toll-free.

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  • Thursday, February 6th 2025 - 08:30 UTC

    Milei now wants Argentina to quit the Paris Agreement

    Milei's government keeps taking stage countering progressive measures adopted under previous administrations

    After pulling his country from the World Health Organization (WHO), Argentine President Javier Milei admitted Wednesday in an interview with a French outlet that he intended to withdraw from the 2015 Paris Agreement to limit greenhouse gas emmissions to preserve the planet's temperature from rising. “The environmentalist agenda is a real fraud,” said Milei, thus echoing similar recent statements from US President Donald Trump. To withdraw from the Paris Agreement, Law 27.270 would have to b e repealed by Congress.

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  • Thursday, February 6th 2025 - 08:23 UTC

    Uruguay's inflation reaches 1.1% in January

    The interannual index fell within the Government's target range

    Uruguay's Consumer Price Index (CPI) went up 1.1% last month and 5.05% interannually, the National Institute of Statistics (INE) said in a report released Wednesday in Montevideo. Wednesday's figures represented a slight improvement for President Luis Lacalle Pou's administration after recording 1.53% in January 2024 for a 5.09% yoy.

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  • Wednesday, February 5th 2025 - 23:06 UTC

    Milei pulls Argentina out of WHO

    Leaving the WHO does not mean leaving the PAHO, Health Minister Mario Lugones explained

    Argentine Presidential Spokesman Manuel Adorni announced Wednesday during his morning press briefing that his country would be following in on Donald Trump's steps and withdrawing from the World Health Organization (WHO), which entailed disbursements totaling around US$ 10 million annually.

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  • Wednesday, February 5th 2025 - 18:52 UTC

    Trump's idea on Gaza makes no sense to Lula

    “The United States is isolating itself from the world,” Lula insisted

    Brazilian President Luiz Inácio Lula da Silva said that his US colleague Donald Trump's idea to take over the Gaza Strip made no sense. He also found the idea of relocating the local population to other countries hard to swallow. The Republican leader made these announcements Tuesday after meeting at the White House with Israeli Prime Minister Benjamin Netanyahu.

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  • Wednesday, February 5th 2025 - 13:28 UTC

    Argentine authorities take action against RAM for Patagonia fires

    “I am a militant of the Mapuche cause,” Jones-Huala insisted

    Argentine Security Minister Patricia Bullrich said Tuesday that the Libertarian Government of President Javier Milei would be declaring the Ancestral Mapuche Resistance (RAM) a terrorist group, in addition to other measures against lonko (leader) Facundo Jones-Huala, who claimed responsibility for the arson-caused wildfires in the Patagonian province of Chubut and urged his comrades to up the armed struggle because all those “tools are valid for the liberation of our people.” Jones-Huala also denied any involvement in the fire affecting El Bolsón in the province of Río Negro. “Against landowners yes, but not against our environment,” Jones Huala said earlier this week.

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  • Wednesday, February 5th 2025 - 11:43 UTC

    Tax collection above expectations in Paraguay

    Orué highlighted the 16 consecutive months of sustained increase

    Paraguay's National Directorate of Tax Revenues (DNIT) announced Tuesday that collection last month far exceeded expectations after posting a 9.1% yoy improvement. A DNIT report mentioned raking in ₲ 3.19 trillion (around US$ 405 million), which represented US$ 33.9 million more than in the same month of 2024.

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  • Wednesday, February 5th 2025 - 11:27 UTC

    US to take control of Gaza and redevelop it, Trump says

    Netanyahu welcomed Trump's initiative but human rights groups said it meant ethnic cleansing

    US President Donald Trump announced Tuesday during a joint press conference with Israeli Prime Minister Benjamin Netanyahu at the White House that his country intends to seize control of the Gaza Strip and have the local population resettled elsewhere. The Republican leader said rebuilding the enclave was near impossible after it became a “demolition site” following Israel's retaliation for the Oct. 7, 2023, mass murders and abductions from the Gaza-based pro-Palestine terrorist group Hamas.

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