Politics

Wednesday, May 15th 2024 - 19:20 UTC
Lula orders major reshuffle at Petrobras' helm

President Luiz Inácio Lula da Silva has ordered a reshuffle at the top of Brazil's state-run oil company Petrobras, with Magda Chambriard replacing Jean-Paul Prates as CEO, Agencia Brasil reported. Following the head of state's decision late Tuesday, the board of directors approved the early termination of Prates' term Wednesday morning. In the meantime, and until Chambriard takes office, Corporate Affairs Executive Director Clarice Coppetti has been appointed on an interim basis.
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Wednesday, May 15th 2024 - 16:58 UTC
Milei celebrates inflation figures football-style

Argentine President Javier Milei became overtly extrovert on social media Tuesday after the National Institute of Statistics and Census (Indec) announced that April's monthly Consumer Price Index (CPI) had stood at 8.8%. “GOOOOOOOOOOOOOOOOOOOL...!!!!,” he wrote in football-fan mode. Meanwhile, Presidential Spokesman Manuel Adorni said inflation had “its death certificate signed.”
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Wednesday, May 15th 2024 - 16:40 UTC
Rioting in French Overseas Territory over voting rights diluting indigenous Kanaks influence

The government of the French Overseas Territory of New Caledonia, to the east of Australia appealed to security forces and issued a 12-hour overnight curfew for Tuesday night following violent protests and rioting in the capital Noumea.
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Wednesday, May 15th 2024 - 16:40 UTC
Uruguay has new rules for housing of street dwellers in Winter

An initiative from Uruguay's ruling Multicolor coalition for the compulsory hospitalization of street dwellers has been signed into law, it was reported in Montevideo. The opposition Broad Front (Frente Amplio - FA) was split when voting in the Lower House.
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Wednesday, May 15th 2024 - 16:39 UTC
Paraguayan President off on US, Taiwan tour

Paraguayan President Santiago Peña left Tuesday for the United States to participate in a series of engagements regarding security and technology until May 17 when he will go to Taiwan. Peña took heavy criticism for bringing along his son Gonzalo Peña. The head of state said he would cover his son's expenses with his own money but is yet to show concrete evidence thereof.
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Wednesday, May 15th 2024 - 10:33 UTC
Uruguay leads in Latin America by far in the Good Government Index

The Chandler Institute of Governance (CIG) is launching the fourth edition of the Chandler Good Government Index (CGGI) this Wednesday, live from London with an event featuring Julia Gillard AC, Australia’s 27th Prime Minister. The performance Index shows Uruguay clearly rose in Latin America, on the “Leadership and Foresight, and Attractive Marketplace” pillars.
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Tuesday, May 14th 2024 - 23:05 UTC
Argentina: Inflation keeps decelerating in April

Argentina's National Institute of Statistics and Census (Indec) Tuesday announced that April's Consumer Price Index (CPI) stood “at 8.8% in April 2024 compared to March and 289.4% year-on-year.” The government agency also noted in its X account that “they accumulated an increase of 65% in the first quarter.”
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Tuesday, May 14th 2024 - 20:51 UTC
BRICS Bank comes to Rio Grande do Sul's rescue

The Shanghai-based New Development Bank (NDB) will grant funding worth R$ 5.7 billion (US$ 1.1 billion) to rebuild the Brazilian State of Rio Grande do Sul still grappling to recover from the unprecedented storms since April 29, Agencia Brasil reported Tuesday. The NDB, also known as the BRICS Bank, will release the money through a partnership with the Banco do Brasil (BB), the National Bank for Economic and Social Development (Banco Nacional de Desenvolvimento Econômico e Social - BNDES), and the Regional Development Bank of the Far South (Banco Regional de Desenvolvimento do Extremo Sul - BRDE).
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Tuesday, May 14th 2024 - 10:54 UTC
Caricom joins forces to tackle arms trade

Dignitaries of Caribbean Community (Caricom) countries have signed the first-ever international treaty to regulate the trade of conventional weapons and promote peace by preventing the illicit trafficking of small arms and light weapons in the region.
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Tuesday, May 14th 2024 - 10:49 UTC
Man who threw bottle at Milei jailed for 3 and a half years

A Buenos Aires court Monday validated a plea agreement with the prosecution whereby the man who threw a bottle at President Javier Milei's motorcade on inauguration day has been sentenced to three and a half years in prison. In the incident, the perpetrator nearly missed the head of state's head and hit a security guard instead.
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