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Montevideo, November 27th 2025 - 08:00 UTC

Stories for November 7th 2025

  • Friday, November 7th 2025 - 12:25 UTC

    Lula invites other countries to support TFFF initiative

    “We will be proud to remember that it was in the heart of the Amazon rainforest that we took this step together,” insisted Lula

    Upon launching the Tropical Forest Forever Facility (TFFF) during the Climate Summit in the Amazon city of Belém, in the State of Pará, on Thursday afternoon, Brazilian President Luiz Inácio Lula da Silva invited other nations to support the initiative. “Forests are worth more standing than cut down. They should be included in our countries’ GDP. Ecosystem services need to be remunerated, as do the people who protect forests. International green funds are not up to the challenge,” insisted Lula.

  • Friday, November 7th 2025 - 12:19 UTC

    Milei criticizes Mamdani and praises Trump

    Milei described his recent Oct. 26 election win as a “plebiscite for two models of the country”

    In his appearance on Thursday at the America Business Forum in Miami, Argentine President Javier Milei seized the opportunity to lambast New York City Mayor-elect Zohran Mamdani, praise his US colleague Donald Trump, and seek investments for his country. Milei described his own electoral victory as a mandate for capitalist reform.

  • Friday, November 7th 2025 - 12:15 UTC

    New trial against CFK begins in Buenos Aires

    Given the high number of witnesses and defendants, the court expects the trial to last several years

    The so-called “notebook” trial against former Argentine President Cristina Fernández de Kirchner (CFK) kicked off in Buenos Aires on Thursday in a streaming fashion, with the defendant appearing online from her house arrest, where she is already serving another sentence for corruption.

  • Friday, November 7th 2025 - 12:08 UTC

    Áñez released from prison - consequences for judges incarcerating her expected

    Áñez admitted her health had deteriorated while in detention

    Upon her release from the Miraflores prison on Thursday, Former Bolivian President Jeanine Áñez pointed out that the political “monster” had to be defeated for her to be freed after nearly five years, and the truth of the 2019 crisis recognized.

  • Friday, November 7th 2025 - 12:01 UTC

    Top IMF economist reviews Western Hemisphere's economic situation

    Nigel Chalk reviewed Paraguay's case while the IMF was launching the latest edition of its Economic Outlook for the Americas

    In an interview with Asunción's Última Hora, Nigel Chalk, Director of the Western Hemisphere Department at the International Monetary Fund (IMF), highlighted the importance of fiscal consolidation and structural reforms to bolster resilience and growth potential, particularly amid shifting global conditions. The interview coincided with the launch of the IMF's Economic Outlook for the Americas report.

  • Friday, November 7th 2025 - 11:05 UTC

    Global money supply upswing gives Bitcoin a macro tailwind

    Photo: Pexels

    Global money supply has climbed through 2025, and that matters for assets that respond to liquidity. The latest read frames the move: an 8% rise in broad money (M2) since January, with the three-month pace softer but still positive. That backdrop helps explain why Bitcoin has held firm near six figures despite choppy ETF flows and noisy headlines.

  • Friday, November 7th 2025 - 10:55 UTC

    US Senate rejects resolution to curb Trump’s military actions in Venezuela

    The proposal, drafted by Senators Tim Kaine, Adam Schiff, and Republican Rand Paul, aimed to reaffirm Congress’s authority as the only body empowered to declare war

    The US Senate, controlled by Republicans, rejected on Thursday a bipartisan resolution that sought to block President Donald Trump from launching military operations in Venezuela without congressional approval. The measure was defeated 51 to 49, with only two Republican senators siding with Democrats.

  • Friday, November 7th 2025 - 10:48 UTC

    Brazil grows cheaper for Uruguayans, with price gaps of up to 394%

    Economy and Finance Minister Gabriel Oddone said the government is finalizing regulations for measures approved in June to alleviate the impact on border cities

    Brazil continues to offer a cheaper alternative for Uruguayan consumers, with goods costing between two and four times less in border cities. According to a report by the Economic Observatory of the Catholic University of Uruguay (UCU), cited by El País, prices in the Brazilian city of Quaraí are on average 74.4% lower than in neighboring Artigas, marking a widening gap compared to previous months.

  • Friday, November 7th 2025 - 10:38 UTC

    Trump intensifies pressure on Maduro after Senate refuses to limit his military powers

    Trump defended the US military’s extrajudicial strikes. “We’re blowing up cartel terrorists linked to Maduro’s regime”

    Despite the legislative setback, President Donald Trump continues to escalate his campaign against Venezuelan President Nicolás Maduro, whom he accuses of leading a regional narcotics network.

  • Friday, November 7th 2025 - 10:18 UTC

    Falklands, Parental Fees Cap Raised Under Childcare Subsidy Regulations

    Director of Education, Sarah Stannard, said: “Childcare providers play a vital role in supporting families to work and in supporting good levels of development for early year’s children

    The Falkland Islands Executive Council (ExCo) has approved an amendment to the Childcare Subsidy Regulations 2021 to raise the cap on parental fees from £2.75 to £3 an hour. This change in the cap will allow registered childcare providers to set the parental fee at any value up to £3 an hour. The change in the cap will take place once the Childcare Subsidy Regulations have been published in the Gazette.

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