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Montevideo, March 26th 2017 - 01:29 UTC

Stories for March 2017

  • Thursday, March 9th 2017 - 21:41 UTC

    Brazil denies plans to raise taxes on forex transactions to help meet fiscal target

    Meirelles said that Brazil could raise taxes or further cut spending if necessary, since there was no chance of revising the 143.1bn Reais primary deficit goal

    Brazil's central bank and finance minister denied a report that the government could raise taxes on foreign exchange transactions to help reach this year's fiscal target. Bloomberg News had reported the move was “among the options being considered” by the Brazilian government to meet its fiscal target, citing a source with direct knowledge of the issue.

  • Thursday, March 9th 2017 - 21:33 UTC

    Bolivia expands legal coca crop area by 12.000 hectares

    “We want to guarantee coca supplies for life” for Bolivians who consume the leaves legally, sometimes in ancestral rituals, Morales said in a speech.

    Bolivia passed a controversial measure on Wednesday to expand production of coca, the raw material for cocaine. Leftist president Evo Morales dismissed warnings that an increase in coca crops would fuel the illegal drug trade.

  • Thursday, March 9th 2017 - 21:21 UTC

    UN message: “Women in the Changing World of Work: Planet 50-50 by 2030”

    Eliminate all forms of violence against all women and girls in the public and private spheres, including trafficking and sexual and other types of exploitation.

    International Women’s Day is a time to reflect on progress made, to call for change and to celebrate acts of courage and determination by ordinary women who have played an extraordinary role in the history of their countries and communities, reads the United Nations message.

  • Thursday, March 9th 2017 - 21:14 UTC

    UK considered third best country in the world despite Brexit anxieties

      UK described as a “highly developed nation” that exerts “considerable international economic, political, scientific and cultural influence” on the global stage.

    Britain has retained its spot as third best country in the world despite anxieties over Brexit, a global survey suggests. Switzerland took first place followed by Canada and the UK, the survey by US News & World Report, Y&R’s BAV Consulting and the Wharton School of the University of Pennsylvania shows.

  • Thursday, March 9th 2017 - 20:11 UTC

    UK Ambassador meets with Malvinas Families commission

    The official picture of the members of the Commission with Ambassador Kent at the Embassy

    British ambassador in Buenos Aires, Mark Kent this week held a meeting with relatives of Argentine combatants who lost their lives during the Falklands conflict in 1982, according to the embassy twitter. The meeting was described as “historic”, and Ambassador Kent said that the “warm and most respectful dialogue”, addressed humanitarian issues and “how to honor the memory and dignity of the fallen in combat”.

  • Thursday, March 9th 2017 - 14:09 UTC

    Peruvian 2017 toothfish quota established at 160 tons

    Fishing for Patagonian toothfish must end when the quota is reached or, failing that, it must not exceed December 31, 2017.

    Peruvian Ministry of Production (PRODUCE) has set the maximum allowable catch quota for Patagonian toothfish (Dissostichus eleginoides) at 160 tons for 2017. According to the Ministerial Resolution No. 097-2017-PRODUCE, published on Friday in the official newspaper El Peruano, states the quota may be modified according to biological and/or environmental conditions, following a report from the Instituto Mar del Peru (IMARPE).

  • Thursday, March 9th 2017 - 13:55 UTC

    Temer launches 55 infrastructure projects to boost private investment and create 200.000 jobs

    “We are leaving behind a deep recession and entering in a phase of prosperity where private investment will be decisive,” said the president

    Brazil's President Michel Temer launched an infrastructure concessions program on Tuesday that he said should raise 45 billion Reais (US$14.43 billion) in investment in building and operating roads, port terminals, railways and power transmission lines. Temer said the program was key to restoring an attractive business environment as Brazil struggles to emerge from its worst-ever recession.

  • Thursday, March 9th 2017 - 11:32 UTC

    Brazil's fertilizer market picks up strongly as sowing area expands

    Fertilizantes Heringer forecast that Brazilian fertilizer deliveries will rose 3.0% to 35m tons this year.

    Brazil's fertilizer market, having recovered to set a fresh all-time high last year, will expand further in 2017, Fertilizantes Heringer said, as it unveiled a jump in corn nutrient volumes, but a fallback in sales to coffee growers.

  • Thursday, March 9th 2017 - 11:28 UTC

    Brazilian economy two-year contraction is slowing

    The Purchasing Managers Index (PMI) for Brazilian services, compiled by Markit, rose to 46.4 in February from 45.1 in January, its highest mark since March 2015.

    Brazilian services activity contracted at the slowest pace in two years in February, contributing to signs that Latin America's economy may soon turn the corner on a deep recession. The Purchasing Managers Index (PMI) for Brazilian services, compiled by research firm Markit, rose to 46.4 in February from 45.1 in January, hitting its highest mark since March 2015.

  • Wednesday, March 8th 2017 - 13:50 UTC

    Australia's “Angry Summer” breaks more than 200 weather records

    The Climate Council report said the season was defined by intense heat-waves and bushfires in eastern Australia but heavy rain and flooding in the west.

    More than 200 weather records were broken during Australia's most recent summer, a climate group has warned. The Climate Council report, titled “Angry Summer”, said the season was defined by intense heat-waves and bushfires in eastern Australia but heavy rain and flooding in the west.