A quick analysis by the Chair from the UK Office for Budget Responsibility, Richard Hughes, on the Budget announced to Parliament on Wednesday by Chancellor of the Exchequer, Rachel Reeves MP.
The US State Department Wednesday gave its nod to the possible sale of high-tech equipment for Argentina's F-16 combat aircraft. The US$ 941 million operation has the Fort Worth (Texas) based company Lockheed Martin as the primary contractor. “This agreement reinforces US foreign policy and security objectives by supporting the security of an important ally in South America,” the State Department said in a statement.
Venezuela's Bolivarian regime Wednesday summoned its Ambassador in Brasilia to Caracas for consultations in repudiation of statements by President Luiz Inácio Lula da Silva's foreign affairs advisor Celso Amorim, Agencia Brasil reported.
It will be business as usual for Argentines on Thursday after the bus drivers' Unión Tranviarios Automotor (UTA) lifted the strike following an understanding with the Labor Ministry and the companies represented by the Asociación Argentina de Empresarios del Transporte Automotor.
Argentine President Javier Milei sacked Foreign Ministry Diana Mondino Wednesday after Argentina voted in line with most countries at the United Nations (UN) against the US trade embargo on Cuba in force since 1962. The 32nd consecutive non-binding resolution in the same regard was passed with 187 votes in favor, two against (USA and Israel) and one abstention (Moldova). Mondino will be replaced by the current ambassador to the United States, Gerardo Werthein.
Local authorities have left behind the rescue efforts and moved on the the body-retrieving and identification phase Wednesday after at least 62 people died in the Spanish Community of Valencia as a consequence of this week's severe flooding caused by the Isolated High-Level Depression (known for its Spanish acronym DANA, depresión aislada en niveles altos). Another person was reported dead in the central region of Castilla-La Mancha.
Now that the Argentine president Javier Milei has made public a shopping list to equip the armed forces, such as the US manufactured F16 from Denmark for the Air Force, plus tanks, armored vehicles and modern warfare elements such as drones, rockets for the army, and also some surface vessels for the navy, and possibly Scorpane French/Spanish submarines, such as the navies of Brazil and Chile, it is interesting to recall an incident almost sixty years ago when a sea incursion to the Falkland Islands.
The Spanish Government of Prime Minister Pedro Sánchez will be appointing Joaquín María de Arístegui Laborde as the new Ambassador to Buenos Aires, thus restoring the full strength of its diplomatic mission in the Argentine capital following rifts with President Javier Milei earlier this year.
Argentina's state-run oil company YPF announced Tuesday that it plans to sell its shares in cooking gas distributor Metrogas to invest those funds in Vaca Muerta. YPF CEO Horacio Marín also outlined before the Inter-American Council of Trade and Production (Cicyp) the strategy to increase by fourfold the company's value over the next four years.
United Nations (UN) Secretary-General António Guterres urged countries to set aside their business models and prioritize nature, which is neither infinite nor free. He made those remarks in the Colombian city of Cali during his appearance at the Global Biodiversity Conference (COP 16).