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Montevideo, November 17th 2018 - 21:31 UTC

Stories for July 15th 2015

  • Wednesday, July 15th 2015 - 08:10 UTC

    Mercosur summit in Brasilia with a conflicting agenda; Paraguay takes chair

    President Dilma Rousseff faced with a serious recession is trying to increase the scope of markets for Brazilian exports

    Mercosur will be holding its half year presidential summit in Brasilia next Thursday and Friday, an event which will expose an abundance of trade and political conflicts, discrepancies and recurrent challenges despite all its members commitment to integration. Besides full members, Argentina, Uruguay, Paraguay, Venezuela and Brazil, leaders from Chile, Peru, Ecuador, Bolivia, Colombia, Guyana and Surinam have also been announced.

  • Wednesday, July 15th 2015 - 07:59 UTC

    Catholic Church confirms 28.7% of Argentines live in poverty: 11.1 million

    Cristina Fernandez graciously told the world at last month's FAO assembly in Rome: “poverty in Argentina is below 5%”.

    The Social Observatory from the Argentine Catholic University, UCA, has reported that poverty in Argentina during 2014, included 28,7% of the population, which is equivalent to 11.5 million people, and higher than in the previous report.

  • Wednesday, July 15th 2015 - 07:51 UTC

    US female will take the helm of 91.000-ton Celebrity Summit in August

    Kate McCue, 37, has been elevated to the position of Captain based on her 15 years of experience and leadership in the maritime industry.

    For the first time in the cruise industry, an American female will take the helm of a mega-ton cruise ship. At 37 years of age, San Francisco native Kate McCue will command Celebrity Summit, a 91,000-ton, 965-foot ship in the Celebrity Cruises fleet, sailing between the eastern United States and Bermuda. As Captain, she will be responsible for the navigation of the ship and the onboard experience of its 2,158 guests and 952 crew members.

  • Wednesday, July 15th 2015 - 07:34 UTC

    Guyanese president Granger will attend Mercosur summit in Brasilia

    The Guyana delegation includes president Granger, Foreign Minister Carl Greenidge and three other government representatives

    Guyanese President David Granger and Foreign Minister Carl Greenidge plan to attend the biannual Mercosur summit in Brasilia later this next, a Foreign Ministry spokesman confirmed to the Spanish news agency EFE.

  • Wednesday, July 15th 2015 - 07:25 UTC

    Argentina's congressional index reports 1.52% inflation in June, and 27.9% in twelve months

    “The Indec rates are so distorted that even the IMF decided not to review them because they were certain they would find false numbers”, underlined Bullrich.

    Inflation in Argentina clocked 1.53% in June accumulating 27.9% in the last twelve months according to the report released on Tuesday by members of the Congressional opposition based on an average from private consultants. This week Argentina's government stats office, Indec in scheduled to announce the official rate.

  • Wednesday, July 15th 2015 - 06:53 UTC

    Exposed C24 chairman agrees to receive Gibraltar's Picardo to match a meeting with Spanish minister

    Lasso Mendoza admitted having met a Spanish minister to address Gibraltar and when exposed agreed to meet Picardo 'if the Chief Minister requested it'.

    Gibraltar Chief Minister Fabian Picardo is in New York for a meeting with the Chairman of the UN’s Decolonization Committee of 24, ambassador Xavier Lasso Mendoza. The meeting arose from the Chief Minister’s intervention before the C24 last month, during which the Ecuadorian diplomat confirmed he had met with a Spanish government minister to discuss Gibraltar, according or a report from the Gibraltar Chronicle.

  • Wednesday, July 15th 2015 - 06:40 UTC

    Greek parliament must vote on Wednesday Euro zone bailout conditions

    Tsipras: “I assume responsibility for a text I do not believe in, but which I signed to avoid disaster for the country, the collapse of the banks.”

    Greek Prime Minister Alexis Tsipras says he does not believe in a bailout offered by Euro zone leaders, but is willing to implement it. Tsipras described the deal as “harsh”, but said it was the only way for Greece to remain in the Euro.

  • Wednesday, July 15th 2015 - 06:33 UTC

    Relief from China as economy expands 7% in second quarter from a year ago

    The central bank cut interest rates for the fourth time since November last month to boost economic activity.

    Growth in the world's second largest economy, China, beat expectations in the second quarter, but it was still the weakest showing since the global financial crisis. The economy grew 7% from a year ago - matching growth in the first three months of the year, which was the lowest since 2009 when it fell to 6.6%.

  • Wednesday, July 15th 2015 - 06:25 UTC

    Petrobras board member criticizes oil-exploration and local content policies

    Castello Branco said the local-content rules create a situation that favors the formation of cartels.

    Brazil's oil-exploration and local-content policies harm Petrobras and the country as a whole, a government-appointed member of the state-run company's board said on Tuesday. The comments were made by Roberto Castello Branco, who was named earlier this year by President Dilma Rousseff's administration to be one of the government's seven representatives on Petrobras board.

  • Wednesday, July 15th 2015 - 05:45 UTC

    Brazilian politicians' property raided by police in connection with Petrobras corruption

    Senator Collor De Melo confirmed on Twitter police had searched his house, and denounced “the climate of terror” he said the investigation is creating.

    Brazilian police have carried out search operations across seven states amid an ongoing investigation into a major corruption scandal involving state-run company Petrobras. The police said in a statement on Tuesday that the 53 search and seizure operations took place in “residences, offices, company headquarters, law firms, and public institutions” and were aimed at saving evidence from destruction.

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