International
Walmart reports Q2 sales surge, partly due to inflation
AFP
Walmart reported a jump in quarterly revenues Tuesday partly driven by inflation as the retail giant signaled it expects its US sales growth to moderate over the next six months.
The big-box retailer, which had cut its profit forecast three weeks ago due to shifting consumer behavior, said pricing pressures on consumers boosted sales of groceries, while denting demand for other items such as apparel, electronics and home products.
Revenues for its second fiscal quarter ending July 31 were $152.9 billion, up 8.4 percent from the year-ago period.
Profits rose 20.4 percent to $5.1 billion, with some of the increase connected to the accounting for an asset sale in Brazil.
Walmart’s US comparable store sales rose 6.5 percent from one year ago, but the company expects about three percent growth in the second half of 2022.
Higher gasoline prices, along with elevated prices for grocery-item staples have been prompting more consumers to “trade down” to lower-priced goods.
On the positive side, gas prices have gradually fallen during the summer, mitigating this effect somewhat.
“We’re pleased to see more customers choosing Walmart during this inflationary period, and we’re working hard to support them as they prioritize their spending,” Walmart Chief Executive Doug McMillon said in a news release.
McMillon said the company made “good progress” to manage supply chain costs “and that work is ongoing.”
Shares of Walmart rose 3.7 percent to $137.48 in Tuesday pre-market trading.
International
Petro accuses top guerrilla leader of bribing officers to evade military strikes
The president of Colombia, Gustavo Petro, said Saturday that the country’s most wanted guerrilla leader is bribing members of the security forces to obtain advance information and evade military operations.
According to the government, Iván Mordisco, a dissident leader of the now-defunct FARC, is currently on the run in the जंगल following an الجيش bombardment last week that killed six of his closest collaborators in the department of Vaupés.
Authorities believe the guerrilla commander had been at the site shortly before the operation. “He buys off the commanders who are supposed to capture him; that’s how he escapes the bombings, but leaves his own people to die. He is warned before every strike,” Petro wrote on social media platform X.
The six individuals killed in the strike were part of Mordisco’s security ring, according to Defense Minister Pedro Sánchez.
Local media reported that one of those killed was a woman known as “alias Lorena,” who was allegedly Mordisco’s partner and the mother of his child.
After failed attempts to negotiate peace, Petro’s administration has shifted to a more aggressive military strategy against the guerrilla leader. In recent months, three of Mordisco’s brothers have been captured and now face charges including homicide, kidnapping, and arms trafficking.
Central America
Costa Rica urges China to halt actions against Panama-flagged vessels
The government of Costa Rica on Saturday called on China to halt retaliatory actions against vessels flying the Panamaflag, amid escalating tensions over control of two strategic ports linked to the Panama Canal.
In a statement shared on social media, Costa Rica’s Foreign Ministry warned that the situation “puts global trade at risk” and expressed its “deep concern and strongest condemnation” over what it described as “arbitrary and unjustified delays and inspections in Chinese ports.”
The Costa Rican government urged “full respect for international law, particularly the United Nations Convention on the Law of the Sea,” while reaffirming its “unconditional support and solidarity” with Panama.
San José’s position aligns with growing international criticism from countries including Honduras, Peru, Paraguay, Israeland Ukraine.
Paraguayan authorities described the detentions as “unacceptable” and pointed to what they called “undue pressure” on the Panamanian government.
International
Mexico leads global cases of enforced disappearances, UN report finds
Mexico accounts for the highest number of urgent actions related to enforced disappearances worldwide, according to the latest report by the UN Committee on Enforced Disappearances.
The report, released by I(dh)eas, indicates that Mexico has accumulated 819 cases between 2012 and February 2026, representing 38% of the global total.
In the past five months alone, 40 new urgent requests have been recorded — more than one-third of all such actions worldwide during that period.
The report warns that this trend reflects a structural problem, as the urgent action mechanism — originally intended as an exceptional measure — has become routine in Mexico.
Although the Mexican state formally complies with response deadlines, the Committee identified significant shortcomings in the implementation of these measures. These include the lack of comprehensive search plans, delays in key investigative procedures such as video surveillance and phone data analysis, and insufficient inquiries into possible links involving state agents.
The report also highlights inadequate protection for relatives and individuals involved in search efforts, including cases of reprisals.
Among the most serious incidents documented is the disappearance of a father who had denounced alleged involvement of authorities in his son’s case in the state of Guanajuato.
The accumulation of cases could lead to the application of Article 34 of the Convention, which would allow for the launch of an international investigation into systematic enforced disappearances.
Geographically, the state of Chiapas accounts for 30% of the new urgent actions, many of them linked to collective disappearances of migrants.
Petro accuses top guerrilla leader of bribing officers to evade military strikes
Costa Rica urges China to halt actions against Panama-flagged vessels
Mexico leads global cases of enforced disappearances, UN report finds
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
Defense Minister commends salvadoran soldier for Central American Cross Country victory
Extension of the state of emergency approved in southern Chile
-
International4 days agoSpain rebukes U.S. over euthanasia case as minister defends legal framework
-
International4 days agoNew York City lifts TikTok ban on government devices under new security rules
-
International2 days agoLe pape Léon XIV appelle à relancer le dialogue pour une paix au Moyen-Orient
-
International2 days agoDevotees in Philippines mark Holy Week with extreme rituals despite rising costs
-
Internacionales2 days agoEcuador extends state of emergency amid escalating violence and crime crackdown
-
International2 days agoMexico leads global cases of enforced disappearances, UN report finds
-
Central America10 hours agoCosta Rica urges China to halt actions against Panama-flagged vessels
-
International10 hours agoPetro accuses top guerrilla leader of bribing officers to evade military strikes