United States

• Friday, August 11th 2023 - 17:37 UTC

  Inflation in US remains stubborn with 3,2% in twelve months to July

  

  The rate of inflation in the United States was 3.2% over the year to July, driven by higher housing, car insurance and food costs, the Labor Department said. That was up from 3% in June, which was the lowest rate in more than two years.

• Thursday, August 10th 2023 - 11:25 UTC

  Uruguay Peso, most overvalued currency against US dollar says the Big Mac Index

  

  The Uruguayan Peso is turning out to be one of the most overvalued currencies (out of 52 surveys) against the US dollar. In other words according to the Big Mac Index, the US dollar is cheap in Uruguay and well below what is considered the long term “equilibrium point”.

• Friday, August 4th 2023 - 09:52 UTC

  Espionage charges filed against two US Navy sailors

  

  Two California-based US Navy Sailors arrested for allegedly supplying sensitive military Information to China were formally charged Thursday in two separate cases. It remains to be determined whether each accused was aware of the other's activities regarding details on wartime exercises, naval operations, and critical technical material. Both men pleaded not guilty in federal courts in San Diego and Los Angeles.

• Wednesday, August 2nd 2023 - 10:34 UTC

  Fitch downgrades US credit rating to AA+; Yellen calls it “arbitrary” and “outdated data”

  

  Fitch has downgraded the United States Government's credit rating following concerns over the state of the country's finances and its debt burden.

• Tuesday, August 1st 2023 - 20:26 UTC

  NASA Chief says Argentine astronaut may soon travel to International Space Station

  

  NASA's Administrator Bill Nelson said Monday while visiting the Teófilo Tabanera Space Center (CETT) of the National Space Activities Commission (Conae), in the town of Falda del Cañete in the Argentine province of Córdoba, that an astronaut from the South American country might soon be traveling to the International Space Station.

• Monday, July 31st 2023 - 10:30 UTC

  US lawmakers discuss bilateral issues with Paraguay's next President

  

  A delegation of lawmakers from the United States headed by Congressman Adam Smith (D) Sunday met in Asunción with Paraguay's President-elect Santiago Peña to discuss future bilateral relations, particularly on security and trade, it was reported. Peña's chosen Foreign Minister Rubén Ramírez Lezcano, who also took part in the discussions, spoke of a “very productive” encounter. Peña is to take office Aug. 15.

• Monday, July 31st 2023 - 02:45 UTC

  US emergency alert: Air conditioners to fight heat wave could cause power outages

  

  Energy providers are warning United States clients to be frugal with air-conditioning this weekend, as intense heat and increased demand could lead to blackouts. Nearly 200 million Americans are under “dangerously hot conditions” alerts with temperatures expected to soar past 100F (38C) in several major cities.

• Saturday, July 29th 2023 - 10:53 UTC

  Biden says Lula wants to meet him

  

  US President Joseph Biden Friday said his Brazilian counterpart Luiz Inácio Lula da Silva wanted to meet him to discuss climate issues, Agencia Brasil reported. “Lula of Brazil wants to meet with me soon because you know there is more carbon absorbed from the air in the Amazon than all the carbon admitted to the United States annually,” Biden pointed out during a campaign event.

• Friday, July 28th 2023 - 11:19 UTC

  NYC court US$ 300 million bond for British tycoon and Patagonian landowner

  

  A New York City court has imposed sweeping restrictions on British billionaire Joe Lewis as he awaits trial on insider trading charges. Mr Lewis, 86, pleaded not guilty and was granted US$ 300m (£230m) bail.

• Friday, July 28th 2023 - 10:39 UTC

  Uruguay: Desalination plant arrives from United States to fight the water crisis

  

  Uruguayan authorities Thursday confirmed the arrival in Montevideo of a desalination plant bought in the United States to fight the water crisis hitting the country. The piece of equipment was expected to take about four weeks to be delivered from Houston, but in the end, it was over two months.