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Montevideo, April 25th 2024 - 10:17 UTC

Stories for May 19th 2016

  • Thursday, May 19th 2016 - 12:15 UTC

    Monsanto threatens to leave Argentina on a seeds' inspection dispute

    The US company issued a statement saying it was ‘disappointed‘that talks with the Argentine government had not yielded an agreement on the inspection issue.

    The seeds' multinational Monsanto Co. said it would suspend future soybean technologies in Argentina, a move that could limit output of the country’s main cash crop, after a disagreement with the government over inspections of genetically modified soybeans.

  • Thursday, May 19th 2016 - 12:07 UTC

    Brazilian Justice gives Rousseff ten days to reply the claims of “a coup”

    Justice Rosa Weber follows a presentation by a group of lawmakers from the current wide ranging coalition that supports acting president Temer

    Brazils Supreme Tribunal (STF) Justice Rosa Weber has given suspended president Dilma Rousseff ten days to explain her repeated statements that the impeachment process started against her is a “coup”. Rousseff is not obliged to respond. The STF decision follows a request from a group of lawmakers via the House's prosecution office.

  • Thursday, May 19th 2016 - 12:02 UTC

    Minutes show Fed could be ready for an interest rate in June

    The suggestion that a rate increase in June is firmly on the table suggests the Fed is closer to tightening monetary policy again

    Federal Reserve officials consider the United States economy could be ready for another interest rate increase in June, according to the minutes from the central bank's April policy meeting released on Wednesday. Most participants in the policy-setting committee's April 26-27 meeting said they wanted to see signs that economic growth was picking up in the second quarter and that employment and inflation were firming, the minutes showed.

  • Thursday, May 19th 2016 - 11:57 UTC

    Meirelles unveils a dark picture of Brazil's finances and insists of pensions reform

    Meirelles said that he will have the final estimate of the primary deficit by Friday. On that date government has to issue a bimonthly report of state finances.

    Brazil's fiscal deficit prior to debt interest payments could reach 150 billion Reais (US$42.10 billion) this year as revenues collapse amid a crippling recession economy, Finance Minister Henrique Meirelles warned on Wednesday. The deficit includes eventual losses from state electricity holding Eletrobras.

  • Thursday, May 19th 2016 - 08:32 UTC

    Mujica says Maduro is “mad as a hatter” and everybody in Venezuela “have gone nuts”

    Mujica said he respects the Venezuelan president but “this does not mean I can't say that he's mad, mad as a hatter”.

    Uruguayan ex president Jose Mujica said on Wednesday that in Venezuela “everybody has gone nuts” and president Nicolas Maduro is “mad as a hatter”. The former leader was reacting to the controversy between his former foreign minister and now OAS secretary general, Luis Almagro and Maduro.

  • Thursday, May 19th 2016 - 08:14 UTC

    Maduro prepared to escalate state of emergency following massive protests

    “I will not hesitate if necessary to make such a decree to fight for the peace and security of this country,” pledged Maduro

    Venezuelan President Nicolas Maduro said on Wednesday he was prepared to escalate a state of emergency imposed this week after opposition-led protests in the capital and other cities. Maduro told supporters he would give the order - which implies suspending laws and rights to maintain public order - if “violent” anti-government acts occurred.

  • Thursday, May 19th 2016 - 08:02 UTC

    Lula's most trusted and closest political advisor sentenced to 23 years in prison

    Dirceu was former President Lula da Silva's chief of staff from 2003 to 2005 before being forced to step down over a congressional vote-buying scheme.

    A Brazilian federal judge on Wednesday sentenced Jose Dirceu, a former presidential chief of staff, to 23 years and three months in prison for his role in a massive corruption scheme centered on state-controlled oil company Petrobras. Judge Sergio Moro, who is spearheading the bribes-for-inflated contracts probe, found Dirceu guilty of accepting and paying bribes and money laundering.

  • Thursday, May 19th 2016 - 07:49 UTC

    Rousseff's party preparing a large national rally “Out with Temer”, for June first

    Falcao referred to acting president Temer as a “coup leader”, “illegal” and a “usurper”.

    Brazils' Worker's Party, PT, to which suspended President Dilma Rousseff belongs, insisted that the country is experiencing a “coup” and announced a campaign to “remove” acting President Michel Temer. PT president Rui Falcao said after a meeting of the national party directorate in Brasilia, that party members will continue “fighting the coup” and will undertake actions to raise society's awareness of the need to “get rid of Temer.”

  • Thursday, May 19th 2016 - 07:12 UTC

    “Humanitarian approach”, the new Falklands' policy of the Macri administration

    The column of Matin Dinatale, published in La Nacion displays the new policy under the heading ”Malvinas: Macri's approachment plan

    “Humanitarian approach” is how Argentine diplomacy plans to implement policy towards the Falkland Islands including greater air and sea contacts, which could lead to open trade, convincing Mercosur members to lift the ban, plus offers of specialized medicine and higher education opportunities for Falkland Islanders.

  • Thursday, May 19th 2016 - 06:50 UTC

    Argentina and US reestablish defense links after a nine-year freeze

    The delegation to Washington was headed by Angel Tello (L), head of Military Strategy and Affairs and Walter Ceballos, Defense Logistics Services

    Argentina and the United States are in the process of reestablishing strong defense links after a hiatus of seven years following this week's visit to the Pentagon of a high profile delegation from the ministry of defense which addressed several issues of mutual interest and common strategies.

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