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Montevideo, August 3rd 2025 - 18:18 UTC

Stories for July 14th 2025

  • Monday, July 14th 2025 - 19:11 UTC

    Judge Preska insists Argentina must pay for YPF expropriation

    Argentina has until Thursday to appeal Monday's ruling

    Judge Loretta Preska of the Southern District of New York Monday upheld her 2023 ruling against Argentina, rejecting the Libertarian Government's request to suspend the transfer of 51% of YPF shares to vulture funds Burford Capital and Eton Park Capital Management. This decision mandates the handover of shares valued at US$16.1 billion and is believed to represent a significant blow to the South American country, potentially leading to the loss of control over its national oil company.

  • Monday, July 14th 2025 - 18:39 UTC

    Iran's Parliament approves increased military budget

    President Masoud Pezeshkian admitted he sustained minor leg injuries in an Israeli airstrike

    The Iranian Parliament's National Security and Foreign Policy Committee has approved a bill to increase state military spending significantly. This legislation, supported by 120 lawmakers, aims to strengthen Iran's Armed Forces, including the Army and the Islamic Revolutionary Guard Corps (IRGC), in preparation for potential future confrontations with Israel. Deputy Defense Minister, Brigadier General Hoyatolah Qoreishi, emphasized the need for expanded budgetary resources to meet the country's defense requirements.

  • Monday, July 14th 2025 - 14:45 UTC

    Falkland Islands prepare farewell ceremony for Governor Alison Blake

    Appointed in 2020, Alison Blake was the first female Governor of the Falkland Islands

    The Falkland Islands Legislative Assembly has announced a formal farewell for Her Excellency Alison Mary Blake CMG, who will depart the Islands on Friday, 25 July 2025, marking the end of her tour as Governor.

  • Monday, July 14th 2025 - 11:03 UTC

    Bolivia ups measles vaccination with Brazilian donation

    “This week, all departments will have the vaccines,” Minister Castro said

    Bolivian health authorities expanded the age target for the nationwide measles vaccination campaign following an outbreak of the disease and the receipt of some 600,000 doses donated by the Brazilian Government. Ambassador Américo Dyott Fontenelle highlighted the importance of bilateral cooperation in this initiative.

  • Monday, July 14th 2025 - 10:59 UTC

    Brazil's inflation reported to be above target in first semester of 2025

    Galípolo said the Selic rate should remain high until it manages to push inflation within the target

    Inflation figures released last week in Brazil showed the country had pierced the target ceiling for the first time since the National Monetary Council changed early this year the way the accumulated increase is calculated. Without this twitch, the inflation target had already been breached eight times.

  • Monday, July 14th 2025 - 10:56 UTC

    Uruguay agrees to amend passports following rejection from France and Germany

    “We will resolve it,” Orsi said

    The Uruguayan Government of President Yamandú Orsi will be reversing its decision to exclude the place of birth from new passports, which resulted in a ban on entry or visa processing for holders of these documents by France and Germany. The change, implemented in April 2025, sought to align with International Civil Aviation Organization (ICAO) recommendations, but the absence of this information sparked international rejection.

  • Monday, July 14th 2025 - 10:50 UTC

    Peruaçu Caves in Brazil recognized as UNESCO World Heritage Site

    Despite its value, the park only received 14,600 visitors in 2024

    The Peruaçu Caves in Brazil's Minas Gerais State have been designated a UNESCO World Heritage Site, recognized for their “exceptional natural beauty,” geological significance, and rich prehistoric rock art.

  • Monday, July 14th 2025 - 10:44 UTC

    Milei ups rift with Villarruel

    Milei reposted publications calling Villarruel a “traitor”, a “demagogue,” and a “brute”

    Argentine President Javier Milei has publicly escalated his conflict with Vice President Victoria Villarruel, reposting a series of accusatory messages on his X account, labeling her a “traitor,” “demagogue,” and “brute.” This follows growing tension between the two, particularly after Villarruel presided over a Senate session that approved opposition-backed bills to increase pensions, which Milei vowed to veto.

  • Monday, July 14th 2025 - 09:50 UTC

    Macri and Trump meet during foootball Club World Cup final

    Macri posted on social media a picture of his gathering with the Republican leader

    Former Argentine President Mauricio Macri met Sunday with US President Donald Trump at the Club World Cup final in New Jersey which the South American leader attennded as chairman of the football governing body's FIFA Foundation. Trump was to deliver the trophy to evetual winners Chelsea FC.

  • Monday, July 14th 2025 - 06:54 UTC

    OPEC bans media outlets accused of advocating transition to “a net-zero economy”

    “We are once again very disappointed that OPEC is excluding journalists, including from Bloomberg News, from its Vienna seminar,” a spokesperson for Bloomberg said.

    The Oil-price outlet is reporting that OPEC has refused accreditation for Reuters, Bloomberg, the New York Times, the Financial Times, and the Wall Street Journal for its meeting in Vienna, which is taking place this week.

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