Ken Parks

Uruguay

Uruguay Correspondent at Bloomberg News

Bloomberg News correspondent for Paraguay and Uruguay. 22+ years in Latin America. Re-tweets should not be interpreted as endorsement.

Featured in: Favicon

bloomberg.com Favicon

uol.com.br (+1) Favicon

msn.com

indiatimes.com Favicon

wsj.com

yahoo.com (+8) Favicon

aljazeera.com Favicon

infobae.com Favicon

thestar.com Favicon

chron.com + 58 more

Articles

Hackean cuenta de presidente de Paraguay; publican información falsa sobre bitcóin

2 weeks ago | bloomberg.com | Ken Parks

El presidente paraguayo, Santiago Peña, eliminó una publicación en su cuenta de X tras un probable hackeo por parte de estafadores vinculados a criptomonedas, quienes afirmaban que el país sudamericano había aprobado el bitcóin como moneda de curso legal. Calificando la publicación enviada el lunes por la tarde de “falsa”, la presidencia informó en X que la cuenta de Peña presentó actividad “irregular”, lo que sugiere un “posible acceso no autorizado”.
Paraguay’s President Deletes Bitcoin Post in Likely Crypto Scam

2 weeks ago | bloomberg.com | Ken Parks

Paraguayan President Santiago Pena in Montevideo in 2024. (Bloomberg) -- Paraguayan President Santiago Peña deleted a post on his X account after a likely hack by crypto scammers who claimed the South American nation had approved Bitcoin as legal tender.
Paraguay pitches Argentina, Brazil on natural gas pipeline plan

3 weeks ago | batimes.com.ar | Ken Parks |James Grainger

Paraguay is lobbying Argentina and Brazil to sign agreements signalling their political support for a proposed natural gas pipeline linking the three countries, according to a senior official in the landlocked South American nation. Mauricio Bejarano, deputy minister of mines and energy, is optimistic that memorandums of understanding can be signed this year and a task force created to formally study Paraguay’s plan for a 1,050-kilometre (652 mile) conduit.
Paraguay Pitches Argentina, Brazil on Natural Gas Pipeline Plan

3 weeks ago | financialpost.com | Ken Parks

Article content(Bloomberg) — Paraguay is lobbying Argentina and Brazil to sign agreements signaling their political support for a proposed natural gas pipeline linking the three countries, according to a senior official in the landlocked South American nation.
Paraguay Pitches Argentina, Brazil on Natural Gas Pipeline Plan

3 weeks ago | bloomberg.com | Ken Parks

Santiago Peña(Bloomberg) -- Paraguay is lobbying Argentina and Brazil to sign agreements signaling their political support for a proposed natural gas pipeline linking the three countries, according to a senior official in the landlocked South American nation. Mauricio Bejarano, deputy minister of mines and energy, is optimistic that memorandums of understanding can be signed this year and a task force created to formally study Paraguay’s plan for a 1,050-kilometer (652 mile) conduit.
Uruguay’s DLocal to Buy AZA Finance in Africa Push

3 weeks ago | bloomberg.com | Ken Parks |Liana Baker

The DLocal logo Photographer: Thomas Fuller/SOPA Images/LightRocket/Getty Images(Bloomberg) -- DLocal Ltd. has reached an agreement to buy African payments provider AZA Finance, as the emerging markets payments firm looks to accelerate growth outside of its stronghold of Latin America. The transaction, which is subject to regulatory approval, was announced in a statement on Tuesday that confirmed an earlier Bloomberg News report. Financial terms weren’t disclosed.
đJavaScript BasicsâââPart 4: JavaScript and the DOM + Event Listeners

4 weeks ago | medium.com | Ken Parks

LinkedIn / GitHub / My WebsiteHey everyone! Welcome back to Part 4 of the JavaScript series. If youâre just joining, check out the earlier posts covering variables, conditionals, functions, scope, and data structures like arrays and objects.
Uruguay Holds Key Rate at 9.25%, Reinforces Tight Policy Stance

1 month ago | bloomberg.com | Ken Parks

(Bloomberg) -- Uruguay’s central bank held its key interest rate at 9.25%, signaling that tight monetary policy will slow inflation to target over the next year. “This decision deepens the contractive policy bias given the decline in inflation expectations,” the bank said in a statement. Policymakers had raised borrowing costs by three quarters of a percentage point since December to cool inflation expectations. Inflation slowed to 5.4% last month, from a near two-year high in March.
Paraguay Holds Key Rate at 6% Amid Steady Inflation Expectations

1 month ago | bloomberg.com | Ken Parks

(Bloomberg) -- Paraguay’s central bank kept its benchmark interest rate steady at 6%, citing stable long-term inflation expectations congruent with its target. Friday’s policy meeting marked the 14th consecutive month the central bank held borrowing costs unchanged with inflation staying within the two-percentage point tolerance range on either side of the 3.5% target. Analysts surveyed by the central bank see the key rate finishing the year at 6%.
Polo Clubs Boom as Wealthy Converge on Hamptons of South America

1 month ago | bloomberg.com | Ken Parks

As the wealthy converge on Punta del Este, developers are building luxury polo clubs to boost the beach town’s cachet and attract new audiences to the sport. A half-hour drive from the site of Cipriani’s future oceanfront casino, the Fasano gated community and luxury hotel debuted its polo field in Punta del Este last December, outfitted with a private air strip for guests and a golf course curated by the late Arnold Palmer.