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Montevideo, November 28th 2024 - 08:30 UTC

Latin America

  • Friday, November 22nd 2024 - 10:53 UTC

    Milei regrets ICC's measure against Netanyahu

    Israel has an ally in Argentina, insisted Milei

    Argentine President Javier Milei Thursday expressed his “profound disagreement” with the arrest warrant issued by the International Criminal Court (ICC) against Israel's Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant. In the Libertarian leader's view, the ruling “distorts the spirit of international justice.”

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  • Friday, November 22nd 2024 - 10:20 UTC

    Praise for Milei’s stabilization program: IDB approves 2 billion dollars in loans for Argentina

    The loans will assist the country in key measures to strengthen public finances, energy sector sustainability, and child development

    The Inter-American Development Bank (IDB) Executive Board approved four operations, totaling over 2 billion US dollars to support Argentina's strategy to promote fiscal sustainability and lay the groundwork for sustainable and equitable growth. The loans will assist the country in key measures to strengthen public finances, energy sector sustainability, and child development. Additionally, the IDB will support the City of Buenos Aires in improving access to public health services.

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  • Thursday, November 21st 2024 - 09:27 UTC

    Guyana oil output breaking all oil exploration and production records

    Since January 2024, oil companies offshore Guyana are pumping over 600,000 barrels per day, with developments, completed at a scorching pace

    The impoverished South American country of Guyana is emerging as a major international oil producer and exporter. The former British colony is expected to become not only South America’s top oil producer but a key driver of world petroleum supply growth. The country has also become one of the fastest growing economies in the region, according to the World Bank and the Inter-American Development Bank

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  • Wednesday, November 20th 2024 - 09:34 UTC

    Fuel supply getting back to normal in Bolivia

    “The lines we had for gasoline have progressively diminished,” Hurtado said

    Bolivia's State-run oil company YPFB announced Tuesday that it had restored fuel shipments to the levels before the 24-day road blockade by former President Evo Morales followers, which disrupted supply and caused a nationwide crisis. YPFB explained that 7 million liters of gasoline and the same amount of diesel were distributed, thus ending the long queues at petrol stations that had become a common sight in recent weeks.

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  • Tuesday, November 19th 2024 - 09:38 UTC

    Ortega discloses blueprints for projected Nicaragua Canal

    Traffic through the Panama Canal is slow and there are no alternatives, Ortega underlined

    Nicaraguan President Daniel Ortega Monday launched the blueprints for a 445-kilometer long canal through his country linking the Caribbean SSea with the Pacific Ocean, which would be an alternative to the existing transoceanic path in Panama, where the United States has a key say.

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  • Tuesday, November 19th 2024 - 08:14 UTC

    Paraguayan President hospitalized during Rio G20 with chest pains

    An ECG test showed some alterations so Peña will remain at the medical facility for now

    Paraguayan President Santiago Peña was admitted into Rio de Janeiro's Hospital Samaritano Monday while attending the G20 Summit as a guest. The 46-year-old South American leader will remain at the healthcare facility pending the outcome of a series of medical tests after feeling chest pains, Vice President Pedro Alliana said on social media.

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  • Monday, November 18th 2024 - 08:25 UTC

    Guterres says “spirit of consensus” needed

    There were fears that a future US administration under Trump would follow Milei's steps

    United Nations (UN) Secretary-General António Guterres addressed the “Argentine case” ahead of the two-day G20 Summit starting in Rio de Janeiro Tuesday and called for a “spirit of consensus” to move forward.

  • Saturday, November 16th 2024 - 10:59 UTC

    Argentina: Arrest warrants issued against 61 Brasilia rioters

    The extradition requests were filed through diplomatic channels on behalf of De Moraes

    Buenos Aires Federal Judge Daniel Rafecas issued arrest warrants for 61 suspects involved in the Jan. 8, 2023, riots in Brasilia, who had sought shelter in the neighboring country, Agencia Brasil reported. Rafecas' measure is the result of the extradition requests filed by Brazilian diplomatic authorities on behalf of case rapporteur Supreme Federal Court (STF) Justice Alexandre De Moraes.

  • Saturday, November 16th 2024 - 10:43 UTC

    Sheinbaum not happy with Moddy's lowering Mexico's grading

    “We are going to get ahead next year,” Sheinbaum insisted

    Mexican President Claudia Sheinbaum Friday expressed her disappointment after the credit rating agency Moody's lowered her country's grading from stable to negative citing an alleged “institutional weakening.” The newly elected head of state insisted “more arguments or evidence” were needed to back up that claim and denounced that there was a bias against Mexico. On Thursday, Moody's changed Mexico's credit outlook from stable to negative, due to a recent reform to the Judiciary.

  • Saturday, November 16th 2024 - 10:37 UTC

    Peru signs key FTA with Hong Kong

    Peru will become a platform of opportunities for Hong Kong businessmen and investors, Boluarte said

    Just one day after the opening of the China-financed megaport in Chancay just a few miles north of Lima, Peru signed a Free Trade Agreement (FTA) with Hong Kong to further deepen its commitment to Pacific Ocean trade. The understanding was achieved in the framework of the Asia-Pacific Economic Cooperation (APEC) Leaders' Summit in the South American country's capital.