News from South America
MercoPress South Atlantic News Agency
- US judge rules against Argentina in YPF restatization caseon July 1, 2025
Judge Loretta Preska of the Southern District Court of New York ordered Argentina to transfer 51% of YPF shares to an escrow account to settle a US$16.1 billion judgment in favor of Burford Capital and Eton Capital, stemming from the 2012 expropriation of the oil company. The ruling, which Argentina may appeal, surprised the government, as even the US […]
- Brazilian State of Goiás declares SARS emergencyon July 1, 2025
The Brazilian State of Goiás declared Monday a state of emergency due to Severe Acute Respiratory Syndrome (SARS) after the incidence rate pierced the expected cap for seven weeks in a row, with 6,743 cases of SARS, including 1,117 cases of influenza, 306 of Covid-19, 1,486 of respiratory syncytial virus, and 680 of rhinovirus.
- Paraguay promoted as tourism destination for Bolivian travelerson July 1, 2025
Officials of Paraguay’s National Secretariat of Tourism (Senatur) conducted a trade mission in Santa Cruz, Bolivia, to promote their country as a tourist destination.
- Maduro says far right's "terrorism" plans thwartedon July 1, 2025
Venezuelan ruler Nicolás Maduro said Monday during his weekly broadcast show that, with Colombia's help, his country had dismantled far-right terrorist plans. While highlighting the capture of international terrorists, he also announced the activation of a nationwide military, police, and civilian patrol system to ensure security.
- UK's Royal Train era coming to an endon July 1, 2025
King Charles III has decided to decommission the British royal train, a tradition since the Victorian era, as part of cost-cutting and modernization efforts. At the King’s request, the proportion of Crown Estate profits used to fund the monarchy has been reduced from 25% to 12%.
- Bolivia celebrates UN recognition of wiphalaon July 1, 2025
Bolivian authorities, including President Luis Arce Catacora, celebrated Monday the approval by the United Nations' (UN) General Assembly of a resolution recognizing the wiphala, a rainbow-colored, checkered emblem used by some indigenous peoples of the Andes, Amazon, Chaco, and Altiplano.
- Falklands Legislative Assembly announces Defence Force Veterans Pinon June 30, 2025
The Falkland Island Executive Council (ExCo) at their meeting on Tuesday 24th June approved the issuance of a Veteran’s pin to retired/former members of the Falkland Islands Defence Force (FIDF).
- Prosecutors want CFK transferred from house arrest to prisonon June 30, 2025
Prosecutors Diego Luciani and Sergio Mola, who got former President Cristina Fernández de Kirchner (CFK) sentenced to six years in jail for corruption in the so-called Vialidad Case, on Monday filed for her to be stripped of her house arrest privileges and be sent to an ordinary correctional facility.
- Orsi speaks wonders of 2030 Agenda in Sevilleon June 30, 2025
Speaking at the 4th International Conference on Financing for Development Monday in Seville, Spain, Uruguayan President Yamadú Orsi defended multilateralism and the 2030 Agenda as key to addressing global issues like poverty, hunger, and pollution.
- Spotlight on BA for Mercosur Summit this week: Lula meeting Milei and CFKon June 30, 2025
Argentine President Javier Milei is preparing to host the South American Common Market (Mercosur) Summit Wednesday and Thursday in Buenos Aires, during which he will have to welcome his Brazilian colleague Luiz Inácio Lula da Silva, with whom he does not see eye to eye after calling him names during the 2023 campaign.