The new government of Argentine president Javier Milei and its austerity policies to try and put the country's economy back on track received a strong boost from the International Monetary Fund, IMF, which approved the disbursement of US$ 4,7 billion.
The Bank of England Monetary Policy Committee, MPC, at its meeting ending on 31 January 2024, voted by a majority of 6–3 to maintain Bank Rate at 5.25%. Two members preferred to increase Bank Rate by 0.25 percentage points, to 5.5%. One member preferred to reduce Bank Rate by 0.25 percentage points, to 5%.
BBC has recalled that at 23:00 GMT on 31 January 2020 (midnight Brussels time, as January became February there), the EU shrank, the UK was out. Four years later, as the latest solution to one of the knottiest of consequences of Brexit, or at least the flavor of Brexit chosen, is revealed.
A ship carrying 16,000 sheep and cattle to Israel and that had been stranded off the coast of Australia in extreme heat conditions has returned to a Perth port. MV Bahijah abandoned its journey through the Red Sea - where Houthi fighters in Yemen have been attacking ships - leaving the animals stuck on board for weeks.
After the International Monetary Fund (IMF) Board approved the staff-level agreement with Argentina's current administration, the Government of President Javier Milei received a US$ 4.7 billion disbursement which bolstered the Central Bank (BCRA) reserves to US$ 27.635 billion, it was reported Wednesday in Buenos Aires. The latest deal between Argentina and the IMF unblocked a new series of disbursements.
In 2023, around 5.45 million international tourists visited the Philippines, and numbers continue to rise. Given its white sand beaches, crystal clear waters and stunning coral reefs, it’s no surprise that the Philippines has fast become a favourite with sun-seeking holidaymakers
Paraguayan President Santiago Peña met Tuesday in Asunción with a British delegation to review possible sustainable investments in the South American country.
Argentina's national road authority Vialidad Nacional (VN) Tuesday announced that traffic across the Zárate-Brazo Largo bridge would be off limits for vehicles weighing over 50,000 kilograms as a precaution following Sunday's collision between the structure and a Liberian-flagged freighter still to be removed from beneath the pillar she hit after losing rudder control.
BBC is reporting that Prime Minister Rishi Sunak's flagship Rwanda bill has faced strong criticism during its first debate in the House of Lords. However the move failed and peers voted, 206 to 84 to move to the next stage.
The Liberian-flagged freighter “En May” Sunday crashed onto one of the pillars of the Zárate-Brazo Largo bridge linking the Argentine provinces of Buenos Aires and Entre Ríos, which affected barge traffic along the Paraná River waterway, it was reported. Two tugboats were deployed to free up traffic, it was also explained.