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Montevideo, March 19th 2024 - 08:21 UTC

Stories for January 11th 2017

  • Wednesday, January 11th 2017 - 08:38 UTC

    Obama in his final presidential speech calls to fight for democracy and to forge a new social compact

    Capping his eight years in the White House, Obama returned to his adoptive hometown of Chicago to recast his “yes we can” campaign credo as “yes we did”.

    Change only happens when “ordinary people get involved, get engaged and come together to demand it”, said Barack Obama in his final address to the country and the world as president. “I am asking you to believe. Not in my ability to bring about change – but in yours” Obama outlined in a speech that was both a tearful goodbye and a call to arms.

  • Wednesday, January 11th 2017 - 08:29 UTC

    Macri announces program to boost development of Vaca Muerta shale formation

    YPF, BP-controlled Pan American Energy, France's Total, Shell, Chevron and US Dow, pledged to invest a combined US$5bn this year in Vaca Muerta

    Argentina's government has agreed to extend a natural gas wellhead price subsidy until 2020 and reduce labor costs in a bid to jumpstart investment in the Vaca Muerta shale formation. The agreement, reached between the national government, the provincial government of Neuquen, industry and labor unions, comes at a time of lackluster upstream activity, reflecting an uncertain price environment and cost concerns.

  • Wednesday, January 11th 2017 - 08:17 UTC

    Falkland Islands marks calendar of 2017 key anniversaries

    In addition, FIG is currently working on a small booklet chronicling the development of the Falkland Islands over the past 35 years

    The Falkland Islands government, FIG, has recalled that 2017 marks a number of key anniversaries in the Islands, including the 35th Anniversary of the Falklands War. There is currently a small working group looking to coordinate remembrance events in Stanley, though much of what is planned will be as normal and will continue to be due to the work done year-on-year by a wide range of volunteers and groups.

  • Wednesday, January 11th 2017 - 08:00 UTC

    FIFA agrees 2026 World Cup will have 48 teams; Europe clubs' association objects

    The World Cup expansion will see the number of tournament matches increase from 64 to 80 games, which will be completed in a 32-day schedule.

    FIFA's ruling body has voted unanimously to expand the World Cup from 32 to 48 teams in 2026. The FIFA Council approved the plan at its meeting Tuesday in Zurich. Under the new format, there will be 16 groups of three teams. A knockout stage for 32 teams will follow.

  • Wednesday, January 11th 2017 - 07:47 UTC

    Gibraltar has a right to reject shared sovereignty, admits Spanish minister: “we need to be realistic”

    Minister Alfonso Dastis acknowledged that Gibraltarians “have a right” to reject the offer, in an interview with the leading Spanish newspaper El País

    Spain has little prospect of gaining joint sovereignty over Gibraltar, Spanish Foreign Minister Alfonso Dastis said this weekend as he acknowledged that Gibraltarians “have a right” to reject the offer. In an interview with the leading Spanish newspaper El País, the foreign minister insisted any post-Brexit relationship between Gibraltar and the EU must first be agreed by the UK and Spain.

  • Wednesday, January 11th 2017 - 07:32 UTC

    Pound continued to slump on Tuesday; Dollar recoups waiting for Trump's media conference

    The pound continues to probe the downside as PM Theresa May's plans for Brexit come under increasing scrutiny.

    The British Pound slumped lower on ongoing Brexit worries on Tuesday, while the US Dollar recouped some of its recent losses as investors wait for President-elect Donald Trump's first press conference Wednesday. While Trump's Twitter account has been active since he won the keys to the White House and given clues to his policies, Wednesday's press conference will give Trump the platform to explain his tax and spending plans.

  • Wednesday, January 11th 2017 - 07:19 UTC

    The German Lady replies to PM May: “no negotiations based on cherry picking”

    Merkel repeated that there must be no negotiations based on “cherry picking” of the Union’s four freedoms of movement for capital, goods, services and people.

    German Chancellor Angela Merkel has stepped up pressure on Theresa May over Brexit by saying that the European Union must consider limiting UK access to the single market if it fails to accept free movement of EU citizens. The chancellor repeated her mantra that there must be no negotiations based on “cherry picking” of the Union’s four freedoms of movement for capital, goods, services and people.

  • Wednesday, January 11th 2017 - 06:48 UTC

    Falklands remembers 34th anniversary of Margaret Thatcher's first visit to the Islands

    In grateful and everlasting memory from the People and the Government of the Falkland Islands

    The Falkland Islands government remembered on Tuesday. the 34th anniversary of the first visit of ex prime minister Margaret Thatcher to the Islands. Flowers were laid by the Falklands government office representative in London, Sukey Cameron, MBE.“Flowers laid to mark #MargaretThatcherDay #Falklands. 10th January 1983 she first visited the Islands.@FalklandsGov”.