Stories for March 13th 2025

Thursday, March 13th 2025 - 19:25 UTC
Uruguayan President backtracks on horsetaming restrictions

Uruguayan President Yamandú Orsi suspended for 180 days a regulation passed last month by the previous administration of Luis Lacalle Pou concerning the National Institute of Animal Welfare (INBA) to prioritize animal welfare in horsetaming (jineteadas). The newly-inaugurated head of State said the measure approved last Feb. 10 was too strict to rural sectors, forcing them to cancel several traditional events.
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Thursday, March 13th 2025 - 18:17 UTC
Ireland donates to Brazil's Amazon Fund

Ireland has joined as the eighth donor to Brazil's Amazon Fund, contributing € 15 million, it was reported Thursday. The fund, managed by Brazil's National Bank for Economic and Social Development (BNDES), supports conservation, monitoring, and sustainable development in the Amazon and has financed 123 projects since 2009. In 2024 alone, R$ 200 million (US$ 34.4 million at the current exchange rate) was allocated, aiding efforts to reduce deforestation, which dropped over 45% compared to 2022. Environment Minister Marina Silva emphasized that Ireland's support recognizes Brazil's achievements in combating deforestation and climate change, while the fund continues to attract international partners committed to sustainability.
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Thursday, March 13th 2025 - 18:00 UTC
Horse Racing Sports and Entertainment Surpasses Expectations with Projected 8.89% CAGR

As the months go by and new entertainment data comes in, one unexpected trend appears to be taking shape. Horse racing is soaring in popularity, and it is expected to bolster market expectations. Major economies across the world are making more investments, which is helping to foster broader interest as well as inclusivity.
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Thursday, March 13th 2025 - 17:57 UTC
Trump threatens to impose 200% tariffs on all EU alcoholic products

US President Donald Trump threatened Thursday to impose a 200% tariff on all European Union (EU) alcoholic products, including wines, champagnes, and other beverages, in response to the reinstatement of a 50% tariff on American whiskey. The EU's tariffs, announced by the European Commission on Wednesday, are set to begin on April 1 and fully take effect by April 13, targeting US$ 19.6 billion in US imports. This move retaliates against Trump's recent 25% tariffs on steel and aluminum imports starting Thursday. The EU tariffs also revive previous measures from 2018 and 2020, impacting US$ 8.7 billion in US goods, focusing on products from Republican-led states like soybeans, beef, and poultry.
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Thursday, March 13th 2025 - 10:59 UTC
House of Commons question on beneficial ownership registers in Overseas Territories

British Members or Parliament continued to discuss the implementation of publicly accessible beneficial ownership registers in the overseas territories, to which the Falkland Islands and St Helena committed to join by April 2025..
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Thursday, March 13th 2025 - 10:40 UTC
Trump's 25% tariffs: Lula's gov't favors negotiation over retaliation

The Brazilian government criticized US President Donald Trump's decision to impose a 25% tariff on steel and aluminum imports. The protectionist move is foreseen to cause the South American country around US$ 1.5 billion loss in exports, primarily affecting semi-finished products. Despite its potential impact on the steel sector, minimal effects on Brazil's GDP and total exports are projected. The Government of President Luiz Inácio Lula da Silva favors negotiation over retaliation.
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Thursday, March 13th 2025 - 10:38 UTC
Bolivian gov't announces measures to tackle fuel shortages

Bolivian President Luis Arce Catacora announced Wednesday in a broadcast message a set of ten measures adopted by his government to tackle the fuel shortage affecting his country.
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Thursday, March 13th 2025 - 10:35 UTC
Across-Amazon highway to be built for COP30 sparks controversy

As Brazilian authorities prepare for the upcoming COP30 climate summit in November in Belém, constructing a new four-lane highway - Avenida Liberdade - through the protected Amazon rainforest has sparked controversy. The structure seeks to ease traffic for the expected 50,000 attendees, including world leaders. But it has led to significant deforestation, fragmenting ecosystems and disrupting wildlife movement along its 13 kilometers.
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Thursday, March 13th 2025 - 10:31 UTC
Labour has found out it needs to continue stimulating oil and gas production

An oil industry information site has published a most interesting piece on the UK Labour government turn around in its oil and gas policy. The piece recalls that when the Labour Party of Keir Starmer won the latest UK elections, it vowed to stop new oil and gas exploration. The Starmer cabinet has stayed true to its word on that—but it is looking for ways to boost production through other means.
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Thursday, March 13th 2025 - 10:14 UTC
Falklands: Care services take giant leap forward with opening of Tussac House

The delivery of Care Services in the Falkland Islands has taken a giant leap forward with the official opening today of Tussac House, the Islands’ first purpose-built assisted living facility. A care home considered better than any in the UK according to Richard Hyslop.
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