Politics

Thursday, February 1st 2024 - 10:01 UTC
Argentine Central Bank reserves stronger after FMI disbursement

After the International Monetary Fund (IMF) Board approved the staff-level agreement with Argentina's current administration, the Government of President Javier Milei received a US$ 4.7 billion disbursement which bolstered the Central Bank (BCRA) reserves to US$ 27.635 billion, it was reported Wednesday in Buenos Aires. The latest deal between Argentina and the IMF unblocked a new series of disbursements.
Wednesday, January 31st 2024 - 15:21 UTC
A company has started the process to become the new Uruguayan flag airline

Sociedad Uruguaya de Aviación (SUA), a privately owned company, has begun the process of becoming Uruguay's new flag carrier. The endeavor is led by Antonio Rama, a Uruguayan commander who has been based in Doha for a decade.
Wednesday, January 31st 2024 - 10:59 UTC
IMF foresees gloomy near future for Argentina

Following President Javier Milei's latest measures, the International Monetary Fund (IMF) Tuesday reviewed for the worse its projections for Argentina's economy this year (-2.8%) and forecasted inflation would remain high in the short term.
Wednesday, January 31st 2024 - 10:58 UTC
Daniel Scioli leaves Brasilia for a Secretariat position in Milei’s team

Former Argentine Vice President Daniel Scioli will leave his post as Ambassador to Brazil to join President Javier Milei's team as Secretary of Tourism, Environment, and Sports, it was announced Tuesday in Buenos Aires after a meeting which was also attended by Interior Minister Guillermo Francos, who served on Scioli's cabinet when the latter was Governor of the Province of Buenos Aires.
Wednesday, January 31st 2024 - 10:56 UTC
Argentine Cabinet Chief on bilateral ties boosting mission in Washington

Argentine Cabinet Chief Nicolás Posse Tuesday met with officials from US President Joseph Biden's administration as well as with International Monetary Fund (IMF) executives to strengthen bilateral ties, it was reported in Washington DC.
Wednesday, January 31st 2024 - 10:45 UTC
Former Peruvian strongman pleads guilty in 1992 massacre case

Vladimiro Montesinos, a former aide to disgraced Peruvian President Alberto Fujimori (1990-2000), Monday agreed to plead guilty in the 1992 homicide, murder and forced disappearance Pativilca massacre, it was reported in Lima.
Wednesday, January 31st 2024 - 10:38 UTC
Lula sacks deputy intelligence chief for hindering parallel Abin probe

President Luiz Inácio Lula da Silva sacked Brazilian Intelligence Agency (Abin) Deputy Director Alessandro Moretti for allegedly hindering the ongoing probe into the Bolsonaro family's use of said services for personal gain, Agencia Brasil reported. Lula's decision was published Tuesday in an extra issue of the Official Gazette (Diário Oficial da União - DOU).
Wednesday, January 31st 2024 - 10:22 UTC
British delegation discusses sustainable developments with Paraguayan gov't

Paraguayan President Santiago Peña met Tuesday in Asunción with a British delegation to review possible sustainable investments in the South American country.
Tuesday, January 30th 2024 - 14:11 UTC
Sunak's flagship Rwanda bill criticized but sails on with Lords’ votes

BBC is reporting that Prime Minister Rishi Sunak's flagship Rwanda bill has faced strong criticism during its first debate in the House of Lords. However the move failed and peers voted, 206 to 84 to move to the next stage.
Tuesday, January 30th 2024 - 11:18 UTC
Carlos Bolsonaro's premises raided in “parallel Abin” case

Rio de Janeiro Councilman Carlos Bolsonaro has been accused of invoking his kinship to then-President Jair Bolsonaro to get information from Brazil's Intelligence Agency Abin about an ongoing investigation targeting his family, Agencia Brasil reported Monday.