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Montevideo, July 28th 2017 - 13:03 UTC

Stories for June 14th 2016

  • Tuesday, June 14th 2016 - 17:07 UTC

    Falklands commemorates 34th anniversary of Liberation Day

    A ceremony is held at the Liberation Monument each year on the 14th June to mark the end of the Falklands War and to honour those who fought during the conflict, and was lead by Parade Commander Major

    Commemorations are being held today in the Falkland Islands to mark the ending of the Falklands War, which ended 34 years ago after 74 days of Argentine occupation. Liberation Day as it is officially known in the Falklands is commemorated every year on the 14th June in the Islands and is a national holiday.

  • Tuesday, June 14th 2016 - 12:23 UTC

    Maduro appeals to bureaucratic chicaneries to impede the recall referendum

    Maduro's opponents warn Venezuela risks exploding into unrest without a vote on sacking the populist leader, whom they blame for the economic crisis

    Venezuelan President Nicolas Maduro's allies asked the Supreme Court on Monday to block a bid to call a referendum on sacking him, accusing the opposition of “fraud.” The move casts doubt on the recall vote sought by the opposition, which accuses the high court of pro-Maduro bias and has clashed with it repeatedly since winning control of congress in December.

  • Tuesday, June 14th 2016 - 12:15 UTC

    “No animosity at all towards the president”, said Macorra following a meeting with Pope Francis

    Allegedly the Pope rejected a 16,7m Pesos contribution to a papal foundation, Scholas Occurrentes

    “There is no animosity”, said Argentine Foreign Minister Susana Malcorra after meeting with Pope Francis in Rome on the sidelines of an event sponsored by the United Nations, just days after the pontiff publicly rejected a multi-million-peso “donation” from the administration of President Mauricio Macri destined for the pope’s Scholas Occurrentes program.

  • Tuesday, June 14th 2016 - 12:04 UTC

    ECB purchases 348bn Euros of corporate bonds in the first three days

    The ECB added investment grade, non-bank corporate bonds to its asset-buying program from June 8 to make borrowing cheaper

    The European Central Bank bought 348 million Euros of corporate bonds in the first three days of such purchases last week, it said on Monday, as part of its 1.74 trillion Euro scheme to revive growth and inflation. The figures are at the upper end of analyst predictions, indicating a strong start for the program and suggesting that the ECB was keen to show it can buy significant volumes.

  • Tuesday, June 14th 2016 - 09:04 UTC

    Macri's coalition trips in a mayoral race and suffers unnecessary exposure

    Mayoral candidate Eduardo Yuni, a Mauricio Macri ally, lost the election to a Peronist contender Juan Manuel Llamosas.

    Mauricio Macri's ruling coalition, “Let's Change” suffered its first electoral defeat since winning the presidential runoff last November, at a mayoral competition in the city of Rio Cuarto, Córdoba province last Sunday.

  • Tuesday, June 14th 2016 - 08:40 UTC

    Venezuela opposition leader in Latin American tour in search for support

     Capriles called on UNASUR and MERCOSUR to back his side's constitutional efforts to remove Maduro via a recall referendum.

    One of Venezuelan top opposition leader on Monday launched a tour of Latin American countries to rally support for his side in its bid to remove President Nicolas Maduro from office. Henrique Capriles, a senior figure in the opposition MUD coalition, was in Paraguay, Argentina and planned to move on to Brazil.

  • Tuesday, June 14th 2016 - 08:32 UTC

    Brazil and Argentina crop problems raise demand for US supplies

    USDA trimmed its 2015/16 Brazil corn harvest outlook by 3.5mmetric tons to 77.50m metric tons and its Brazil soy harvest outlook by 2m metric tons to 97m tons

    Domestic supplies of corn and soybeans will be tighter than expected in the United States as problems with crops in Brazil and Argentina have raised demand for U.S. supplies from overseas buyers, the U.S. Agriculture Department. In its latest monthly supply and demand report, the government cut its new-crop and old-crop ending stocks outlooks for both corn and soybeans by more than analysts had forecast.

  • Tuesday, June 14th 2016 - 08:22 UTC

    Petrobras pre-salt fields production climb to a new high in May: 1.1MMboe/d

    Pre-salt production of oil and natural gas climbed to a new high, breaking the 1 MMb/d mark for the first time on May 8.

    Petrobras’s oil production in Brazil averaged 2.16 MMboe/d in May, its fifth highest monthly figure to date. The growth was due mainly due increases from the company’s pre-salt fields, with new wells connected to the FSPO Cidade de Maricá serving the Lula field in the Santos basin.

  • Tuesday, June 14th 2016 - 07:57 UTC

    Gibraltar’s Spanish neighboring towns fear Brexit: ‘it would be a disaster’

    “For a depressed area such as La Linea de la Concepción, Gibraltar represents economic oxygen and a Brexit would see that relationship seriously damaged.”“It would be a disaster,” said Angel Serrano .

    UK exit from the European Union would be “a disaster” that would risk creating “an economic and social rift” between Gibraltar and the neighbouring region in Spain, the Cross-Frontier Group said in a report published by the Gibraltar Chronicle. The group’s president, Ángel Serrano, warned that Brexit posed a serious risk to employment and investment on both sides of the border.