Former mayor of Canelones and history professor Yamandú Orsi took the stage at Plaza Independencia, the heart of Uruguay’s democratic transitions. A warm embrace with outgoing President Luis Lacalle Pou marked the handover, a moment of continuity in a country that takes pride in its institutional stability. “I’m here if you need me,” Lacalle Pou told Orsi, offering a rare glimpse of camaraderie in the often-divisive world of politics.
Borders & Southern Petroleum plc (AIM: BOR), the oil and gas company focused on the Falkland Islands, announced the upcoming General Meeting to seek shareholder approval for its fundraising initiative. The meeting is scheduled for March 21, 2025, at the offices of Wedlake Bell LLP in London.
Uruguay will swear in Yamandú Orsi as its new president this Saturday, marking 40 years since the country’s return to democracy. Orsi, a former mayor of Canelones, will replace Luis Lacalle Pou in a ceremony that begins at 14:00 local time (17:00 GMT). His term will run until March 2030.
On his last day in office after five years, Uruguayan President Luis Lacalle Pou expressed gratitude to those who supported his administration and recalled a similar day 30 years ago when his father's (Luis Alberto Lacalle Herrera) term came to an end. President-elect Yamandú Orsi is to be sworn in Saturday in an indoor ceremony at the SODRE Auditorium as the ceremony was shifted to an indoor venue given the rain forecast.
Argentina's Deregulation Minister Federico Sturzenegger announced this week the elimination of restrictions on cultural activities dating back to the dictatorship of General Juan Carlos Onganía (1966-1970). The new Presidential Decree issued by Javier Milei will free Argentine culture from the system of state control established by the Onganía regime 50 years ago, the minister explained.
Just one day after being reported to be out of critical condition, Pope Francis had an isolated bronchospasm crisis worsening his overall respiratory state. He has completed a fortnight at Rome's Gemelli clinic, where he had been admitted on Feb. 14 for bronchitis with a polymicrobial infection and bilateral pneumonia. Despite Friday's episode, the Argentine-born Pope remained lucid and cooperative. Vatican sources confirmed Francis, 88, would not preside over the Ash Wednesday rite on March 5.
Ukrainian President Volodymyr Zelensky had a rough time Friday at the White House as his US colleague Donald Trump and Vice President J.D. Vance conveyed to him the Republican Government's view of how he handled the three-year war with Russia. Trump insisted his guest was not ready to negotiate peace with Russian President Vladimir Putin and ended up ejecting the Ukrainian delegation from the Oval Office. In a later posting on social media, Trump said the former comedian could return when he was ready for peace.
Argentine President Javier Milei urged Buenos Aires Province Governor Axel Kicillof to resign so that a federal intervention could be launched to restore order as residents of that Argentine district were enraged Thursday by the murder of a 7-year-old girl. The perpetrators were identified to be minors aged 14 and 17, and would therefore face lesser to no charges; in other words, they would be free to kill again. Let us intervene in the Province, Milei insisted.
According to a New York Times investigation, cryptocurrency businessmen paid bribes to meet Argentine President Javier Milei during the Argentina Tech Forum last October, where Milei delivered the closing speech.
According to The Economist's global Democracy Index published Thursday, Uruguay is the only country in the region with a full democracy, ranking 15th globally with a score of 8.67 out of 10.