MercoPress. South Atlantic News Agency
Stories for May 19th 2025
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Monday, May 19th 2025 - 08:26 UTC
Moody’s lowers US credit rating; US budget deficit plus 6% of GDP
Moody’s Ratings decision last week to lower the US credit rating to Aa1 from Aaa, (the highest investment-grade position) triggered strong reactions and criticisms from President Donald Trump and his political advisor.
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Monday, May 19th 2025 - 07:56 UTC
Leon XIV formally starts his papacy with mass at St Peter's Square
Pope Leo XIV was inaugurated Sunday in a mass attended by some 100,000 people in St. Peter's Square. The 69-year-old Robert Francis Prevost, formerly a cardinal and missionary in Peru, received the fisherman’s ring and pallium, symbolizing his role as a “fisher of men.” Prevost holds dual US and Peruvian citizenship. These countries were represented by Vice President JD Vance and President Dina Boluarte, respectively. Among the 150 countries sending dignitaries were Brazil and Paraguay.
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Monday, May 19th 2025 - 07:33 UTC
UN Special Committee meets in Timor, ahead of the C24 in June in New York
The Special Committee on Decolonization is set to convene the Pacific Regional Seminar in Dili, Timor-Leste, from May 21 to 23, 2025. This event is part of the Fourth International Decade for the Eradication of Colonialism, which spans from 2021 to 2030.
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Monday, May 19th 2025 - 03:18 UTC
The Expansion Of The Online Entertainment Industry In Latin America In 2025
Latin America is no longer a quiet contender in the world of online entertainment. This region has a booming industry, which continues to grow year-on-year due to internet penetration and smartphone uptake. The online casinos, streaming, and gaming sectors are all enjoying expansion, and forecasts indicate that the momentum is not going to cease anytime soon.
