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Montevideo, May 1st 2024 - 23:54 UTC

Stories for April 2016

  • Tuesday, April 5th 2016 - 05:53 UTC

    US looking for evidence of corruption and violation of US law in Panama Papers

     “The US Department of Justice takes very seriously all credible allegations of high level, foreign corruption that might have a link to the US” said Peter Carr

    The United Stated Department is reviewing the leaked documents from a Panamanian law firm that reveal the offshore financial arrangements of global politicians and public figures, a department spokesman said on Monday. The department is determining whether the documents point to evidence of corruption and other violations of US law.

  • Tuesday, April 5th 2016 - 05:47 UTC

    Panama Papers: Brazil with 57 names including companies and politicians from all parties

    O Estado said names in the leaked files included politicians from Brazil's largest party PMDB, which broke away from President Rousseff's coalition last week.

    Politicians from seven parties in Brazil were named as clients of a Panama-based firm at the center of a massive data leak over possible tax evasion, O Estado de S.Paulo said on Monday.

  • Monday, April 4th 2016 - 19:15 UTC

    Magallanes region has the lowest unemployment rate in Chile, 1.8%

    Magallanes 1,8% confirms its ranking as Chile´s region with lowest unemployment rate, followed by Los Lagos with a 2.2% rate and Aysén with 3.4%.

    The unemployment rate in Magallanes extreme south region of Chile recorded 1.8% in the December-February quarter according to the country's Statistics Institute, INE, which compares favorably with 2.8% in the previous quarter and the national rate of 5.9%.

  • Monday, April 4th 2016 - 06:52 UTC

    Arctic sea ice recorded its lowest maximum level on record

    The ice cover was also about 431,000 miles less than the 30-year average. Put into context, that difference is the size of Texas and California combined.

    The growth of Arctic sea ice this winter recorded the lowest maximum level on record, prompting fears of faster climate change than previously expected. Unusually warm temperatures were said to be responsible for the shrinkage.

  • Monday, April 4th 2016 - 04:25 UTC

    Genscher, an architect of reunification and modern Germany dies in Bonn

    Former German Foreign Minister Hans-Dietrich Genscher

    Hans-Dietrich Genscher, a widely respected German elder statesman who helped break down international resistance to the 1990 reunification of East and West Germany, died on Thursday at his home near Bonn. He was 89. His office confirmed the death, saying he had been stricken by heart failure. Bonn was West Germany’s capital during the Cold War.

  • Monday, April 4th 2016 - 04:20 UTC

    Argentine Army reiterates its commitment to the Malvinas cause on invasion anniversary

    “April 2, 1982 is an unforgettable date in the glorious history of the homeland,” said Suñer, calling it the “anniversary of the recovery” of the Islands.<br />

    Argentina’s Army Chief Diego Luis Suner said on Saturday that the “Malvinas cause” continues to be a “national, standing and inalienable objective” of the Argentine people. The statement was made on the 34th anniversary of the South Atlantic conflict that was triggered by the Argentine military invasion of the Falklands in 1982.

  • Monday, April 4th 2016 - 04:12 UTC

    Petrobras launches voluntary layoff program to cut 12.000 jobs

    Investors have long criticized Petrobras for over hiring and struggling to cut some of the 57,000 people it directly employs when things get tough.

    Brazil's embattled oil company Petrobras said it will launch a voluntary layoff program to cut an estimated 12,000 jobs in a bid to save up to 33 billion reais ($9.20 billion) by 2020. The program will cost 4.4 billion reais and is open to all employees, according to a statement from Petrobras, which has been hard hit by low oil prices, refinery project problems and a massive price-fixing, bribery and political kickback scandal.

  • Monday, April 4th 2016 - 04:04 UTC

    Macri's ministers pledge not a single day rest in the fight for Malvinas sovereignty

    “This is my first experience with these such solemn events and I can't but feel but highly emotional” admitted minister Frigerio

    ”There's not going to be a single day in the four years of (President Mauricio Macri) government in which we will not continue to fight for our rights in the South Atlantic”, said Argentine Interior minister Rogelio Frigerio during the April 2 commemoration of Malvinas war veteran and Fallen Day in Ushuaia, Tierra del Fuego.

  • Sunday, April 3rd 2016 - 07:52 UTC

    Mega corporation Odebrecht involved in Petrobras case, plans to sell assets to meet debt obligations

    Marcelo  Odebrecht was sentenced to 19 years in prision

    Troubled Brazilian construction company Odebrecht SA plans to sell about 12 billion reais (US$3.4 billion) in assets to help meet its debt obligations, according to the builder’s chief executive officer. The company had a gross debt of 85 billion reais in 2014, the most recent figure available, but much of it is long-term debt and the biggest payments start only in 2025, Odebrecht CEO Newton de Souza said in an interview published Friday in the Folha de S. Paulo newspaper.

  • Sunday, April 3rd 2016 - 07:43 UTC

    US economy gains confidence: 215.000 more jobs in March and 1.4% growth in fourth quarter

    The US economy added 215,000 jobs in March, a little less than it did in February when 242,000 jobs were created. The unemployment rate has risen to 5% from 4.9%, which was an eight-year low, but the Labor Department said more Americans were finding jobs, which suggested a sign of confidence in the US economy. In effect this follows the report on the US economy which grew at an annualized rate of 1.4% in the fourth quarter of 2015s.