Stories for March 2025

Friday, March 14th 2025 - 10:55 UTC
Brazil lifts import taxes of foodstuffs to lower inflation

Brazil's Chamber of Foreign Trade's (Camex) Executive Management Committee (Gecex) gave its nod Thursday to the temporary removal of import taxes on nine food items to lower prices for local consumers. The tax exemption applies to boneless frozen beef, roasted and unroasted coffee beans, corn (not for sowing), certain uncooked pasta, cookies, extra virgin olive oil, crude sunflower oil, cane sugar, and preserved sardines (limited to 7,500 tons). Taxes ranging between 7.2% and 32% have been lowered to 0% in a move to curb inflation. The measure is effective starting Friday. Authorities insisted it would only be for a limited time.
Friday, March 14th 2025 - 10:11 UTC
American Airlines aircraft catches fire at Denver Airport

Just as air travel in the United States is slowing due to repeated serious incidents, an American Airlines Boeing 737-800, operating as Flight 1006 from Colorado Springs to Dallas, was diverted to Denver International Airport due to an engine problem that caused it to catch fire after an emergency landing.
Friday, March 14th 2025 - 10:04 UTC
New euthanasia bill submitted before Uruguayan Congress

Uruguayan lawmakers submitted a new euthanasia bill before the Lower House, reviving a proposal already passed there in 2022 but stalled in the Senate. The bill, introduced by deputies from the Colorado Party (PC) and the ruling Brooad Front (Frente Amplio - FA), is supported by a multiparty coalition including members of the Partido Nacional and Partido Independiente. The initiative seeks to allow assisted death for individuals with terminal, incurable, and irreversible diseases.
Friday, March 14th 2025 - 09:34 UTC
Argentina's CGT announces 24-hour general strike

Argentina's General Labor Confederation (CGT) will be staging a 24-hour general strike against the government of Javier Milei, tentatively set for before April 10. Héctor Daer, one of the CGTs triumvirs, announced the plan Thursday during a meeting with social movements and at the closing of Juan Grabois' Union of Workers of the Popular Economy (UTEP) plenary at the CGT headquarters.
Friday, March 14th 2025 - 09:28 UTC
Venezuela to resume repatriation flights for irregular migrants in the US

Venezuela's Chavista regime confirmed Thursday the resumption of repatriation flights for migrants deported from the United States under the “Return to the Homeland” Plan, following an agreement with US Special Envoy Richard Grenell. National Assembly Speaker Jorge Rodríguez announced the initiative and blamed Washington for the delays after President Donald Trump revoked Chevron's license to operate in the South American country. Since the program began, over 300 Venezuelans have been repatriated on three flights.
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.
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.
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.
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.
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..