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Montevideo, October 19th 2025 - 05:02 UTC

Stories for August 27th 2025

  • Wednesday, August 27th 2025 - 10:55 UTC

    Argentina: Interest rates soar in response to new BCRA rules

    “We believe that this rate hike will be temporary,” Caputo noted

    Argentina's financial system is experiencing significant tension as a new reserve requirement scheme from the Central Bank (BCRA) forces financial institutions to drastically raise interest rates on fixed-term deposits. The average rate for a 30-day fixed-term deposit has jumped to 51.3%, a substantial increase from just a few weeks prior.

  • Wednesday, August 27th 2025 - 10:27 UTC

    Uruguay: Falkor resumes mission after repairs

    We will announce on social media when the scientific team can resume live broadcasts,” the Udelar said in a statement

    The Uruguay Sub200 expedition has resumed its study of the Uruguayan continental seabed after a technical fault forced its research vessel, the Falkor, to return to the port of Montevideo. By late Tuesday, the Falkor was due in Punta del Este.

  • Wednesday, August 27th 2025 - 10:05 UTC

    Bolsonaro under full-time surveillance

    The tracking device can be tampered with, De Moraes was advised

    Brazil's Supreme Federal Court (STF) Justice Alexandre De Moraes acquiesced to a suggestion from security authorities and allowed the Federal District's criminal police to monitor former President Jair Bolsonaro's home around the clock. Despite the electronic tracing anklet, the rightwing leader posed a flight risk, De Moraes was advised.

  • Wednesday, August 27th 2025 - 09:40 UTC

    US revokes visa of Brazilian Justice Minister Ricardo Lewandowski

    “Brazil belongs to Brazilians,” read Lula's cap

    The US Government of Republican President Donald Trump has revoked the visa of Brazil's Justice Minister Ricardo Lewandowski. Brazilian President Luiz Inácio Lula da Silva called the move “irresponsible” and “unacceptable.”

  • Wednesday, August 27th 2025 - 09:31 UTC

    Valuable painting stolen by Nazis surfaces in Mar del Plata

    The painting is believed to still be in the Mar del Plata house, but the ad photos have been removed from the realtor's website

    A centuries-old painting stolen from a Jewish art dealer by the Nazis during World War II wound up in Mar del Plata, Argentina, and it was discovered when realtors published images of a property for sale, where it was displayed by the heirs of a former German SS officer.