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Montevideo, November 26th 2024 - 14:35 UTC

Politics

  • Saturday, December 16th 2023 - 10:05 UTC

    Argentina: Milei says burden on private sector is “transitory”

    Argentina: Milei says burden on private sector is “transitory”

    Argentine President Javier Milei Friday released a live broadcast through his Instagram account explaining that “The effort that falls on the private sector is transitory.” The head of state added his administration was “focused on avoiding hyperinflation.”

  • Saturday, December 16th 2023 - 10:02 UTC

    Presidential Spokesman warns Argentina going through hyperinflation

    President Milei's administration wants to put an end to privileges, Adorni also said

    Argentina's Presidential Spokesman Manuel Adorni Friday confirmed his country was going through hyperinflation since the 1% daily rate mentioned earlier this week by Economy Minister Luis Toto Caputo would result in a 3,678% per annum.

  • Friday, December 15th 2023 - 10:55 UTC

    Argentina: Inflation is 1% daily, Caputo says

    Argentina needs an orthodox fiscal policy, Caputo explained

    Argentine Economy Minister Luis Toto Caputo said Thursday that inflation in his country stood already at 1% per day and insisted that measures were being taken to get out of this “financial catastrophe” through a classic orthodox stabilization plan. “We are in that process, but we are very confident,” he stressed.

  • Friday, December 15th 2023 - 10:50 UTC

    Argentine granted CAF loan to face IMF maturities

    Milei did ask for the release of a US$ 6 billion swap agreed upon with former Economy Minister Massa

    The Argentine Government of President Javier Milei has been granted a loan of nearly US$ 1 billion by the Development Bank of Latin America and the Caribbean (CAF) to face maturities with the International Monetary Fund (IMF) later this month.

  • Friday, December 15th 2023 - 10:32 UTC

    Venezuela and Guyana not to use force over Essequibo dispute

    Ali and Maduro will meet again in three months in Brazil

    Presidents Nicolás Maduro of Venezuela and Irfaan Ali of Guyana agreed Thursday in St. Vincent and the Grenadines not to threaten each other or use force in any circumstances. The 11-topic understanding was reached in the first round of talks brokered by host Prime Minister Ralph Gonsalves as president pro-tempore of the Community of Latin American and Caribbean States (Celac).

  • Friday, December 15th 2023 - 10:20 UTC

    Paraguayan exports grow 24% driven by agriculture

    Ostfield congratulated Paraguayan meat producers for being accepted into the US market

    In the first eleven months of 2023, Paraguayan exports amounted to US$ 15.8787 billion, which represented a 24% interannual growth, it was reported in Asunción. The improvement was significantly explained by higher shipments of soybeans, rice, and soybean meal, which accounted for 69.3% of the sales abroad, reaching US$ 11,001.6 million, a 19.1% increase from November 2022.

  • Friday, December 15th 2023 - 10:11 UTC

    Chile: Presidential pardonee arrested for kidnapping

    Boric had promised to assume the pardons responsibly

    A rioter who had been convicted for his involvement in the 2019 uprisings and later pardoned by Chilean President Gabriel Boric Font was arrested Thursday by Carabineros in Copiapó on kidnapping charges.

  • Friday, December 15th 2023 - 08:12 UTC

    UK and Overseas Territories, “a modern partnership for a stronger British family”

    Mark Pollard MLA, Chair of the Falkland Islands Legislative Assembly

    The Government of the United Kingdom, and democratically elected Governments of the British Overseas Territories of Anguilla, Ascension, Bermuda, British Virgin Islands, Cayman Islands, Falkland Islands, Gibraltar, Montserrat, Pitcairn Islands, St Helena, Tristan da Cunha, and Turks and Caicos Islands met on 14 to 15 November 2023 to decide the following Joint Declaration.

  • Thursday, December 14th 2023 - 12:07 UTC

    Can Brazil stop Venezuela from invading Guyana?

     President Lula da Silva with his neighbor Nicolás Maduro

    By Thiago de Aragão (*) The Brazilian government, eager to assert itself as South America’s preeminent power, finds itself at a crossroads. The victory of libertarian opportunist Javier Milei in Argentina’s recent presidential election has added a new element of uncertainty to Brazil’s relationship with its southern neighbor.

  • Thursday, December 14th 2023 - 11:24 UTC

    “Frustration and dismay” over Falklands Exco ITQ fees decision for 2024

    ”Until now, the impact of FIGs rash and irresponsible decision making has been masked by unusually favorable economic conditions in the Loligo and toothfish fisheries.

    The following release refers to a piece published in the Penguin News, December 8/2023, page 3, “Catches and changes to ITQ fees at Fisheries meeting”. The Falkland Islands Fisheries Companies Association, FIFCA note with dismay and real concern the announcement regarding ITQ fees for 2024.