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Montevideo, April 13th 2025 - 17:12 UTC

Stories for March 19th 2025

  • Wednesday, March 19th 2025 - 23:52 UTC

    Picardo reflects on Gibraltar's response to the Covid-19 crisis

    The pandemic was a turning point, Picardo stressed

    Chief Minister Fabian Picardo of Gibraltar reflected on the Covid-19 pandemic, five years after the first lockdown, calling it a “turning point in history.” Speaking at a press conference earlier this week, he described the severe challenges faced during the crisis, including the potential for thousands of deaths and the need to expand mortuary capacity.

  • Wednesday, March 19th 2025 - 20:55 UTC

    Falklands Government successfully raises funds for future capital investments

    Among critical projects are the replacement of FIPASS and the development of a new Power Station, which are both essential infrastructure for the Falklands

    The Falkland Islands Government (FIG) has successfully raised £150 million to facilitate investment in the capital program over the coming years, and in particular the replacement Port facility planned for 2027.

  • Wednesday, March 19th 2025 - 20:35 UTC

    Falklands retains S&P Global Ratings A+ with stable outlook; praise for FIG fiscal performance

    MLA Roger Spink “The A+ rating has been achieved on the basis of the many years of political and economic stability found here in the Islands”

    The Falkland Islands Government (FIG) is pleased to announce that S&P Global Ratings have confirmed that the sovereign rating for the Falkland Islands remains at A+ with a stable outlook.

  • Wednesday, March 19th 2025 - 19:53 UTC

    Peru: Pedro Castillo drops hunger strike at the request of his children

    Castillo had gone on a hunger strike on March 10 to protest against his announced conviction by a biased court

    Former Peruvian President Pedro Castillo Terrones suspended temporarily his “dry hunger strike” but insisted he would not be appearing at his trial for his failed coup d'état in 2022 because it was all a masquerade with his conviction already announced by a biased court. “As a tactical decision, and at the request of my children, my parents, and our beloved Peruvian people, I have decided to temporarily suspend it,” he wrote on social media.

  • Wednesday, March 19th 2025 - 19:09 UTC

    Milei halts scheduled trip to Israel

    Milei was visited at Casa Rosada by Israel's Ambassador Eyal Sela (L) and World Holocaust Remembrance Center and International Holocaust Remembrance Alliance President Dani Dayan (R)

    Argentine President Javier Milei announced Wednesday that he suspended his planned trip to Israel this coming weekend. Although no specific reason was given, it is speculated that the resumption of hostilities against the terrorist group Hamas coupled with various domestic challenges tipped the scale in this direction.

  • Wednesday, March 19th 2025 - 14:23 UTC

    Dollar quotation projected to rise in Paraguay

    The BCP sold US$ 216 million to the local financial market last week in an effort to contain volatility

    The US dollar is continuing to rise in Paraguay despite the Central Bank (BCP) selling US$ 216 million to local financial institutions to stabilize the currency. Experts predict the dollar could reach ₲ 8,000 in the first half of 2025, driven by international tensions and a weak soybean market.

  • Wednesday, March 19th 2025 - 10:55 UTC

    Peronists oppose Milei's intention to take another loan from the IMF

    Milei's DNU circumvented his duty to have Congress approve indebting the country, the PJ argued

    Argentina's Justicialist [Peronist] Party (PJ) led by former President Cristina Fernández de Kirchner (CFK) Tuesday expressed its rejection of President Javier Milei's Emergency Decree (DNU) 179/25 clearing the way for further borrowing from the International Monetary Fund (IMF) with no Congressional approval. The PJ deemed the initiative “illegitimate” and unconstitutional on the grounds that it violated Law 27.612, which requires the Executive to submit full IMF agreement details to Congress, and Article 75 of the National Constitution, which assigns Congress the authority to manage national debt.

  • Wednesday, March 19th 2025 - 10:47 UTC

    Caracas warns against US travel

    Jorge Rodríguez likened Washington's measure to a “vulgar kidnapping”

    Venezuela's Bolivarian Government issued earlier this week a travel advisory warning its citizens against visiting the United States following Washington's deportation of many Tren de Aragua gang members to El Salvador's maximum security Cecot prison.

  • Wednesday, March 19th 2025 - 10:12 UTC

    Brazil condemns Conmebol chief statements

    Domínguez later apologized for his remarks

    The Brazilian Government of President Luiz Inácio Lula da Silva Tuesday condemned South American Football Confederation President Alejandro Dominguez's remark comparing a Libertadores Cup without Brazilian teams to “Tarzan without Cheetah,” and criticized the sporting body for failing to combat racism effectively.

  • Wednesday, March 19th 2025 - 10:06 UTC

    Julio María Sanguinetti becomes corresponding member of Brazilian Academy of Letters

    Sanguinetti highlighted the shared history of Brazil and Uruguay

    Former Uruguayan President Julio Maria Sanguinetti was inaugurated as a corresponding member of the Brazilian Academy of Letters (ABL) last Monday. In his acceptance speech, he emphasized the shared history of Uruguay and Brazil and how territorial disputes evolved into unity and brotherhood.