International

• Thursday, November 17th 2022 - 10:09 UTC

  High demand makes Iberia increase Madrid-Montevideo frequency sooner than planned

  

  Spanish airline Iberia announced this week that it will be increasing its services from Madrid to Montevideo effective Jan. 1, 2023, due to the high ticket demand that had led company directors to speed up a plan that was originally scheduled for June.

• Thursday, November 17th 2022 - 10:00 UTC

  UK's double shock, highest inflation in 41 years and a draconian Autumn budget

  

  Chancellor of the Exchequer Jeremy Hunt will unveil this Thursday before Parliament his long-awaited Autumn budget statement, having anticipated to the UK population that “we will be asking everyone for sacrifices.”

• Thursday, November 17th 2022 - 10:00 UTC

  Considerable container freight rate decline from Asia to Eastern South America

  

  The latest S&P Global Monday release on Platts Americas Container Freight shows that non-Asian export cargo bound for the East Coast of South America saw the greatest freight rate decline, dropping 51.9%, or US$ 2,700, throughout the week, to settle at US$ 2,500/FEU.

• Thursday, November 17th 2022 - 09:50 UTC

  Five more Type 26 frigates for the Royal Navy: HMS Glasgow to be delivered in mid 2020s

  

  Five more Type 26 frigates will be built for the Royal Navy, the Prime Minister has announced. Defense manufacturer BAE Systems has been awarded a £4.2 billion contract to build the five warships, on top of the three already under construction.

• Wednesday, November 16th 2022 - 22:16 UTC

  Hand-of-God ball sells for US$ 2.4 million

  

  The ball Argentine football star Diego Maradona punched through English keeper Peter Shilton's fists to score the opening goal of the quarterfinal match the eventual champions went past during the Mexico 1986 World Cup sold Wednesday at auction for £2 million (US$2.4 million).

• Wednesday, November 16th 2022 - 19:54 UTC

  Missiles crisis: Reports of war spreading to Poland cooled down

  

  The North Atlantic Treaty Organization (NATO) was placed under alert early Wednesday after two missiles hit Przewodow, a town in eastern Poland near the Ukrainian border, killing two people. The incident also led most activities at the G20 Summit in Bali, Indonesia, to be canceled as world leaders needed to focus on this more urgent matter.

• Wednesday, November 16th 2022 - 10:35 UTC

  Paraguay not bowing to global pressure against cattle farming

  

  Paraguay's delegation attending the COP27 climate summit at the Egyptian Red Sea resort of Sharm El-Sheikh Tuesday announced that the South American country would not endorse any collective statement curbing livestock farming.

• Wednesday, November 16th 2022 - 10:11 UTC

  LATAM pilots' strike avoided at last minute; airline activity rapidly picking up

  

  Minutes before deadline officials from the Chilean/Brazilian carrier Latam and the Pilots Union reached over the weekend an agreement which deactivated what seemed an unavoidable strike. The reason for the strike dates back to 2020, when Latam fired 240 pilots and cut the remaining professionals salaries by 30%.

• Wednesday, November 16th 2022 - 09:24 UTC

  Brazil signs biodiversity deal with Indonesia and Congo

  

  Brazil's Foreign Ministry announced that the South American country had reached a biodiversity agreement with Indonesia and Congo to preserve their respective tropical rainforests, which are the largest in the world.

• Wednesday, November 16th 2022 - 09:00 UTC

  The Red Ensign Group at the Amsterdam Superyacht Forum

  

  Evolve or repeat – the stark message of this year’s Superyacht Forum – will see members of the Red Ensign Group (REG) (*) driving forward discussions about the future of the industry.