Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, April 19th 2024 - 09:08 UTC

Stories for April 2016

  • Saturday, April 2nd 2016 - 07:04 UTC

    How hedge funds held Argentina for ransom

    Companies involved include some of the best-known vulture funds, including NML Capital, subsidiary of Elliott Management, a hedge fund co-led by Paul Singer

    By Martin Guzman and Joseph E. Stiglitz (*) - Perhaps the most complex trial in history between a sovereign nation, Argentina, and its bondholders — including a group of United States-based hedge funds — officially came to an end yesterday (March 31) when the Argentine Senate ratified a settlement.

  • Friday, April 1st 2016 - 07:44 UTC

    UK at Chile's Air and Space Fair offering a significant range of defense products

    This significant UK presence reflects the strong commitment that UK companies have to Chile, the Armed Forces and the region.

    Partnership, disaster relief, industrial cooperation and innovation are the main UK themes as UK companies exhibit a range of world beating defense capabilities at Chile's FIDAE 2016, some attending for the first time, others as a result of having exhibited at a successful FIDAE 2014.

  • Friday, April 1st 2016 - 07:27 UTC

    Argentina's platform claim on Falklands' sovereignty “lapped up” by various respectable media outlets

    Dr Trinidad said the Argentine government had “spun the decision of a technical and scientific body as somehow a triumph on sovereignty”.

    A Gibraltarian expert on self determination has rubbished Argentine claims that the decision by a UN Commission to extend Argentina's continental shelf to include the waters that surround the Falklands and South Georgia will be key in the dispute with Britain over the Islands.

  • Friday, April 1st 2016 - 07:03 UTC

    L'Austral, sister of Falklands-incident Le Boreal, makes inaugural call in Gibraltar

    French cruise L'Austral, sister vessel of Le Boreal docked in Gibraltar with 264 passengers

    The smallest but possibly most exclusive cruise liner to visit Gibraltar this year pulled into port on Thursday. The L’Austral, a French liner, is also the first to make an inaugural call this season. The captain of the ship, Olivier Marien, was met by the Minister for Tourism and the Captain of the Port on board.

  • Friday, April 1st 2016 - 06:38 UTC

    Busy year ahead for Gibraltar's cruise industry: 227 calls are scheduled

    This year Gibraltar is due to host 91 ships belonging to 37 different operators on 227 occasions. Cruise calls for 2015 were 204 and 181 in 2014.

    Representatives from Gibraltar have attended the annual Seatrade Cruise Global Convention took place in Fort Lauderdale, Florida. The event, which took place between March 14-17, brings together professionals from in all aspects of the cruise industry, including cruise lines, ports and ground handlers.

  • Friday, April 1st 2016 - 06:07 UTC

    Total/Exxon/Mobil drilling offshore Uruguay a record-deep well; first since 1976

    The well was spud at the “Raya/1” prospect in Block 14 by the Maersk/Venturer drilling ship

    A consortium led by France's Total and U.S.-based super major ExxonMobil Corp started this week drilling for oil off Uruguay, Industry, Energy and Mining Minister Carolina Cosse announced. Uruguay is totally reliant on imports for its oil and has for decades tried to discover possible hydrocarbons resources both in the continent and offshore.

  • Friday, April 1st 2016 - 01:30 UTC

    Falklands bid farewell to Sea King Helicopters

    The local community came to meet and greet the new AAR SAR Helicopters and crew who will replace the RAF Sea King Helicopters.

    The Falkland Islands community bid farewell to two Search & Rescue (SAR) helicopters today after over three decades of service. Both the two RAF Sea King helicopters were brought to the capital Stanley today for the local community to say goodbye, as well as meet the crew who man the aircraft. The new AAR helicopter, which will replace the existing RAF SAR service, was also present at the farewell today.

Next