MercoPress. South Atlantic News Agency
Stories for July 1st 2025
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Tuesday, July 1st 2025 - 10:55 UTC
US judge rules against Argentina in YPF restatization case
Judge Loretta Preska of the Southern District Court of New York ordered Argentina to transfer 51% of YPF shares to an escrow account to settle a US$16.1 billion judgment in favor of Burford Capital and Eton Capital, stemming from the 2012 expropriation of the oil company. The ruling, which Argentina may appeal, surprised the government, as even the US Department of Justice opposed it. The decision led to a sharp decline in YPF shares (1.4% on Wall Street, 3% locally) and a 2% drop in the Merval index.
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Tuesday, July 1st 2025 - 10:32 UTC
Brazilian State of Goiás declares SARS emergency
The Brazilian State of Goiás declared Monday a state of emergency due to Severe Acute Respiratory Syndrome (SARS) after the incidence rate pierced the expected cap for seven weeks in a row, with 6,743 cases of SARS, including 1,117 cases of influenza, 306 of Covid-19, 1,486 of respiratory syncytial virus, and 680 of rhinovirus.
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Tuesday, July 1st 2025 - 09:59 UTC
UK's Royal Train era coming to an end
King Charles III has decided to decommission the British royal train, a tradition since the Victorian era, as part of cost-cutting and modernization efforts. At the King’s request, the proportion of Crown Estate profits used to fund the monarchy has been reduced from 25% to 12%.
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Tuesday, July 1st 2025 - 09:59 UTC
Maduro says far right's “terrorism” plans thwarted
Venezuelan ruler Nicolás Maduro said Monday during his weekly broadcast show that, with Colombia's help, his country had dismantled far-right terrorist plans. While highlighting the capture of international terrorists, he also announced the activation of a nationwide military, police, and civilian patrol system to ensure security.
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Tuesday, July 1st 2025 - 09:56 UTC
Bolivia celebrates UN recognition of wiphala
Bolivian authorities, including President Luis Arce Catacora, celebrated Monday the approval by the United Nations' (UN) General Assembly of a resolution recognizing the wiphala, a rainbow-colored, checkered emblem used by some indigenous peoples of the Andes, Amazon, Chaco, and Altiplano.
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Tuesday, July 1st 2025 - 07:00 UTC
Paraguay promoted as tourism destination for Bolivian travelers
Officials of Paraguay’s National Secretariat of Tourism (Senatur) conducted a trade mission in Santa Cruz, Bolivia, to promote their country as a tourist destination.
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