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Montevideo, March 29th 2025 - 08:03 UTC

Stories for February 27th 2025

  • Thursday, February 27th 2025 - 20:37 UTC

    Bolivia launches industrialized iron complex

    The steel from El Mutún could boost Iranian and Russian developments in the country

    Bolivian President Luis Arce inaugurated the El Mutún complex, the South American country's first industrialized iron facility, which can boost other infrastructure developments, particularly those sponsored by Russia and Iran.

  • Thursday, February 27th 2025 - 18:20 UTC

    Falklands: Loligo fishing season to open on 1 March

    Following discussions with the fishing industry, the Falkland Islands Government Fisheries Department has confirmed that the Loligo fishing season will begin on 1 March.

  • Thursday, February 27th 2025 - 13:36 UTC

    Argentina lifts restrictions on exporting live cattle

    Argentina's extraordinary number of self-imposed restrictions has been omitted from the debate for decades, Sturzenegger explained

    Argentine President Javier Milei's Decree 133/25 ending a 50-year ban on exporting live cattle was published Wednesday in the Official Gazette. The measure had been adopted in 1973 due to supply issues. The Libertarian Government's initiative thus opens new market opportunities for the livestock sector.

  • Thursday, February 27th 2025 - 13:20 UTC

    Deaths and robbery reported during Chile's blackout

    Troops were deployed during the power cut to enforce the curfew

    As Chile's electricity supply gradually went back to normal Wednesday, one death and an armed robbery were reported following Tuesday's 10-hour blackout resulting in a nationwide curfew.

  • Thursday, February 27th 2025 - 10:34 UTC

    Trump ends Biden's oil concessions to Venezuela

    Electoral conditions within Venezuela have not been fulfilled, Trump argued

    US President Donald Trump has revoked the oil concessions granted to Venezuela by his predecessor, Joseph Biden, due to non-compliance with electoral conditions and lack of cooperation in the process of deporting “violent criminals,” it was announced in Washington DC. This decision impacts Chevron's operations in Venezuela, which were authorized by Biden in 2022.

  • Thursday, February 27th 2025 - 10:32 UTC

    Orsi's inauguration rescheduled to indoor venue amid rain forecast

    Weather permitting, Orsi will greet the citizenry at Montevideo's Independence Square after being sworn in. Photo: Sebastián Astorga

    Uruguayan authorities announced Wednesday that Saturday's presidential inauguration of Yamandó Orsi will be held at the Official Service for Broadcasting, Performances, and Shows (Servicio Oficial de Difusión, Representaciones y Espectáculos - SODRE) Auditorium in Montevideo, thus choosing an indoor venue given the forecast of rain.

  • Thursday, February 27th 2025 - 10:29 UTC

    Petrobras' 2024 profits below those attained the year before

    The exchange rate variation impacted negatively on the company's performance

    Brazil's State-owned oil company Petrobras activities yielded R$36.6 billion (US$7.5 billion) in profits last year, according to a report released Wednesday in Brasilia. However, these figures are below 2023's performance, when the company recorded a net profit of R$124.6 billion (US$24.9 billion), the exchange rate variation in debts between Petrobras and its subsidiaries abroad playing a key role in these results.

  • Thursday, February 27th 2025 - 10:23 UTC

    Milei to open 2025 Legislature amid opposition lawmakers' absence

    The Argentine President is to open the new Legislature with his popularity waning after the $LIBRA cryptofiasco and the controversial appointment of Supreme Court Justices

    Argentine President Javier Milei plans to announce over 30 new bills during the opening of the 2025 Legislature next Saturday. As outlined in the Constitution, his participation in this event keeps him from attending Yamandú Orsi's inauguration in Montevideo. The Libertarian leader plans to deliver a 40-page speech lasting at least 45 minutes, focusing on issues the government deems essential for the country's future.

  • Thursday, February 27th 2025 - 10:13 UTC

    Falkland Islanders will never forget those who served and sacrificed to liberate the Islands, Alex Baker MP

    MPs from the UK Armed Forces Parliamentary scheme at the monument dedicated to Margaret Thatcher

    Two members of the UK Armed Forces Parliamentary scheme, who last week spent time with British Forces at the Mount Pleasant Complex, have published pieces on their experiences for their communities back in UK. They are Alex Baker MP Labour for Aldershot and Peter Bedford MP Conservative for Leicestershire.

  • Thursday, February 27th 2025 - 09:18 UTC

    MPs visit to Falklands, “highlights longstanding bond between FIG and UK”

    Meeting with members of the Falklands Legislative Assembly at Gilbert House

    With Westminster in recess two delegations of MPs visited the Falkland Islands last week. One of them, was invited by the members of the Falklands elected Legislative Assembly and was made up of Richard Baker MP (Labour, Glenrothes and Mid Fife); Seamus Logan MP (SNP, Aberdeenshire North and Moray East); Jamie Stone MP (Liberal Democrat, Caithness, Sutherland and Easter Ross); and Andrew Mitchell MP (Conservative, Sutton Coldfield).