By Peter Bloom, Professor of Management, University of Essex – The Russian invasion of Ukraine has been widely condemned for its unjustified aggression. There are legitimate fears of a revived Russian empire and even a new world war. Less discussed is the almost half-trillion dollars (£381 billion) defense industry supplying the weapons to both sides, and the substantial profits it will make as a result.
Mark Zuckerberg's Meta, the parent company owning social media giants Facebook and Instagram will not object to postings calling for violence if they are addressed at the Russian Federation or members of its government, particularly President Vladimir Putin, whose death may be freely wished for.
Brazil's Petrobras has increased the price of refined gasoline and diesel for distributors as of March 11. The average price has gone up to R$3.86 (US$ 0.77) for regular fuel and R$4.51 (US$ 0.9) for diesel.
Chile's outgoing and incoming Presidents Sebastián Piñera and Gabriel Boric Thursday had a large series of engagements with foreign dignitaries who are in the country to attend Friday's inauguration.
Retired Bolivian Army non-commissioned officer Mario Terán Salazar dies Thursday, aged 80. Terán rose to worldwide notoriety for being the man who killed Argentine doctor turned Cuban guerrilla leader Ernesto Che Guevara in 1967.
According to a study by the Catholic University of Uruguay (UCU), that measured prices in Salto, Uruguay, and Concordia, Argentina, the former turned out to be 130.3% more expensive than the latter, it was reported.
Inflation in Chile during February climbed 0,3%, well below market expectations, but still 7,8% in the last twelve months, the highest recorded since November 2008. The release was done by the country's stats institute, INE, and was indeed a positive announcement given the private estimates (0,6% and 0,7%) and the fact that inflation was effectively surging, 1,2% in January.
The President of Uruguay, Luis Lacalle Pou, will travel on Thursday night to Chile, where on Friday will take place the ceremony of change of command and the inauguration of Gabriel Boric as the new president of the Andean country.
Argentine President Alberto Fernández and his Dominican Republic counterpart Luis Abinader Corona Wednesday signed a series of joint agreements during a meeting in Buenos Aires at Casa Rosada.
Paraguay's House of Deputies Wednesday passed a bill to repeal the law mandating the use of facemasks and also provided for the termination of the COVID-19 vaccination pass requirement. The initiative is now up to the Senate.