Argentina's inflation in January 2025 stood at 2.2%, down from 2.7% in December, the National Institute of Statistics and Census (Indec) said in a report released Thursday, which also showed yoy values of 84.5%. January's was the lowest Consumer Price Index (CPI) since July 2020 - 1.9% amid the Covid-19 pandemic - and also the best under Javier Milei, who took office on Dec. 10, 2023. The President's best previous CPI was in November 2024 at 2.4%.
Former Argentine President Cristina Fernández de Kirchner (CFK) Thursday filed an appeal to have her six-year prison sentence and lifelong disenfranchisement overturned. On the other side, the prosecution requested her sentence be upped to 12 years, citing illicit association in the Vialidad scandal regarding road works in the province of Santa Cruz.
The remains of Uruguayan soldier Rodolfo Cipriano Álvarez Suárez, who died in the Democratic Republic of Congo (DRC) earlier this month while deployed on the United Nations (UN) peacekeeping MONUSCO mission, arrived in Montevideo on Thursday. A ceremony was held at Air Base No. 1, attended by President Luis Lacalle Pou and Ministers Armando Castaingdebat (Defense) and Omar Paganini (Foreign Affairs), among other high-ranking officials.
With a score of 76 points, Uruguay topped Transparency International's latest Corruption Perceptions Index (CPI) for the Americas - 2024 issue - released earlier this week. Amid widespread regional declines, Uruguay outperformed Canada and Barbados thanks to robust democratic institutions, high transparency, strong citizen participation, and effective environmental governance. This achievement came during President Luis Lacalle Pou's last month in office. Starting March 1, he will be succeeded by Yamandú Orsi, of the opposition Broad Front (Frente Amplio - FA).
Uruguay's National Union of Construction and Related Industries (Sunca) Secretary-General Javier Díaz said the rate of labor accidents nationwide has worsened over the past five years and blamed the departing administration of President Luis Lacalle Pou for this, amid waning collective wage bargaining conditions and high unemployment and informality.
US President Donald Trump held a telephone conversation Wednesday with his Russian colleague President Vladimir Putin, with whom he discussed for over 90 minutes the idea of starting negotiations to end the war in Ukraine. Both leaders expressed their eagerness to end the conflict at the earliest opportunity possible.
Brazilian Vice President and Minister of Development, Industry, Trade and Services, Geraldo Alckmin, defended on Wednesday the establishment of exemption quotas for steel and aluminum to be shipped to the United States, as it happened during US President Donald Trump's previous government (2017-2021).
The Argentine Government of President Javier Milei Wednesday declared the tender for the Paraná-Paraguay Waterway - which handles 80% of the country's exports and is also vital for Paraguay - concession void and launched an investigation into the only bidders: Dredging Environmental and Marine Engineering (DEME) for allegedly pressuring other potential bidders not to participate. The National Commission for the Defense of Competition will look into possible anti-competitive practices or an illicit association, it was explained.
The Brazilian Air Force (FAB) Wednesday shot down a plane that clandestinely entered from Venezuela carrying drugs. The measure was within legal protocols, it was explained. The aircraft was intercepted and instructed to land but failed to comply.
Uruguay has been considered a leading country in renewable energy, with 98% of its energy eolic, but now has surprisingly has invited foreign companies to explore for offshore oil and gas reserves, attracting some of the heavy weights of he industry, which has generated certain controversy in the country regarding concerns about the impact on marine life and the potential damage to Uruguay’s current global standing. OilPrice, which specializes in the oil and gas industry information comments on the decision.