Stories for July 2025

Tuesday, July 15th 2025 - 10:55 UTC
Argentina's F-16s said to have limited capacities due to UK concerns

According to an Argentine high-ranking military official quoted by Buenos Aires' La Política Online but left unnamed, the recent acquisition of US-built second-hand F-16 fighter jets from Denmark did not include certain features at the UK's request.
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Tuesday, July 15th 2025 - 10:21 UTC
Will Uruguay cut down the work week?

Uruguay is currently debating a potential reduction in its maximum legal work week from 48 to 40 hours, a significant discussion for a country that pioneered the eight-hour workday over a century ago. The Ministry of Labor and Social Security (MTSS) is facilitating dialogues between unions, businesses, and economic experts to explore this possibility.
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Tuesday, July 15th 2025 - 10:07 UTC
Taiwanese President awaited in Paraguay next month

Paraguayan President Santiago Peña on Monday announced that his Taiwanese colleague Lai Ching-te would visit the South American country next month. Paraguay is the only nation on the continent and one of only 12 countries globally that officially recognize Taiwan.
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Tuesday, July 15th 2025 - 10:02 UTC
Bolsonaro's conviction requested by PGR

Brazil's Attorney General's Office (PGR) on Monday filed a request before Supreme Federal Court (STF) Justice Alexandre De Moraes to convict former President Jair Bolsonaro and seven other defendants belonging to the so-called “group 1” of the Jan. 8, 2023, uprising.
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Tuesday, July 15th 2025 - 06:52 UTC
Musk, Mao and Trump’s imperial dreams

By Gwynne Dyer - The only place where some people still see Elon Musk as a political genius is China. “Brother Musk, you’ve got over a billion people on our side backing you,” wrote a fan on Weibo, China’s biggest social media site. “If Elon Musk were to found a political party,” wrote another, “his tech-driven mindset could inject fresh energy into politics.”
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Tuesday, July 15th 2025 - 06:39 UTC
Bank of England ready to make larger interest rate cuts if UK economy shows signs of slowing down

The Bank of England is prepared to make larger interest rate cuts if the job market shows signs of slowing down, Governor Andrew Bailey told The Times in an interview. “I really do believe the path is downward” on interest rates, Mr Bailey was quoted..
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Tuesday, July 15th 2025 - 06:16 UTC
Falklands, Planned emergency services exercise planned for Wednesday and Thursday around Stanley

The Falkland Islands Government is advising the local community that a joint emergency services exercise will be taking place on Wednesday, 16, and Thursday, 17 July in and around Stanley.
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Tuesday, July 15th 2025 - 04:08 UTC
Pi Network’s Market Cap Plunge

Following a spectacular entrance and initial high valuations, the market cap for Pi Network retraced sharply. With fresh data and technical analyses, the price valuation for the crypto asset is watched keenly worldwide.
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Monday, July 14th 2025 - 19:11 UTC
Judge Preska insists Argentina must pay for YPF expropriation

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.
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Monday, July 14th 2025 - 18:39 UTC
Iran's Parliament approves increased military budget

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.
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