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Montevideo, May 23rd 2017 - 06:58 UTC

Stories for May 11th 2017

  • Thursday, May 11th 2017 - 23:28 UTC

    Wine tasting in London to promote the Top 100 Argentine Wines, as chosen by Tim Atkin

    Tim Atkin, MW. Ambassador Carlos Sersale and Tony Mason, CEO LATA

    “This is, probably, the largest tasting of Argentine wines to have ever been held in the United Kingdom”, read the introductory note from the renowned British wine expert and journalist Tim Atkin for the showcasing of the fifth edition of his annual report entitled “the top 100 Argentine wines” at the Ambassador’s Residence.

  • Thursday, May 11th 2017 - 13:54 UTC

    FBI chief fired after refusing to preview with Trump officials his testimony to the Senate

    Trump's sudden firing of Comey shocked Washington and plunged Trump deeper into a controversy over his campaign's alleged ties with Russia

    Anger behind president Donald Trump's firing of FBI Director James Comey on Tuesday had been building for months, but a turning point came when Comey refused to preview for top Trump aides his planned testimony to a Senate panel, White House officials said.

  • Thursday, May 11th 2017 - 12:51 UTC

    Argentine president Macri off to China and Japan in search of investments

    Macri will be received in Beijing by president Xi Jinping, when the two countries will be signing several accords totaling more than US$ 30bn

    Argentine president Mauricio Macri and a delegation of ministers and governors, are off for an Asian tour in search of investments that includes the Arab Emirates, China and Japan. The undertaking is looking for billions of dollars to help develop Argentina's infrastructure.

  • Thursday, May 11th 2017 - 12:38 UTC

    Chile cuts steel for its new 13.000 tons icebreaker to be operational in 2022/23

     “It's a great day for Chile and a great honor for me to participate in the steel plate cutting ceremony of this new icebreaker”, said president Bachelet

    Chilean president Michelle Bachelet cut the first sheet of steel for the construction of the country's new icebreaker which is expected to be operational for the 2022/23 Antarctic season, replacing the ageing Almirante Oscar Viel. The US$ 200 million plus project based on a contract with naval architects and marine engineers Vard Marine, will be built at ASMAR Talcahuano, Shipbuilding & Ship Repair Company.

  • Thursday, May 11th 2017 - 12:25 UTC

    Australian conservative government to raise taxes on five biggest banks

    Morrison said $6.2bn would be raised over four years by the new levy on big five: ANZ Bank, Westpac, National Australia Bank, Commonwealth, and Macquarie.

    Australian Treasurer Scott Morrison has unveiled a new budget which includes a surprise rise in taxation for the country's five biggest banks from July. Morrison also announced education savings which will see students pay a greater share of the cost of degrees, while infrastructure projects, health and housing affordability were also high on the government's agenda.

  • Thursday, May 11th 2017 - 12:07 UTC

    Argentina's 12-month inflation through April was 27.5%

    Clothing prices rose 5.1% in April, while housing and basic services were up 4.6%, Indec said. Consumer prices rose 9.1% overall in the first four months of the year.

    Argentina's statistics agency Indec, said on Wednesday 12-month inflation through April was 27.5%, the first time it has published 12-month inflation since President Mauricio Macri took office in December 2015 and revamped data calculations. Indec said April inflation was 2.6%, above median analyst expectations for a consumer price increase of 2.1 percent.

  • Thursday, May 11th 2017 - 11:36 UTC

    Falklands worried M/V Uruguay Reefer seems doomed to sink in the Islands Conservation Zones

    Baltmed Reefer Services Ltd. reported last Friday that cargo vessel MV Uruguay Reefer had sent a distress signal and reported severe flooding in the cargo holds.(Pic PN)

    The Falkland Islands Government (FIG) is closely monitoring the situation of the stranded M/V Uruguay Reefer and has been in contact with the vessel operators to impress upon them the need to find a solution which avoids the vessel sinking in Falkland Island Conservation Zones.

  • Thursday, May 11th 2017 - 11:29 UTC

    Lula was questioned for five hours and later called the corruption case “a farce”

    The closed hearing put Lula face-to-face with Judge Sergio Moro, a hero to many Brazilians for his relentless pursuit of powerful figures in Petrobras graft probe

    Brazil's former president Lula da Silva called the corruption trial threatening to end his storied career a “farce” during almost five hours of testimony on Wednesday. Lula is accused of receiving a seaside apartment as a kickback from the OAS construction company, and if found guilty could be barred from running for office and even jailed, destroying his hopes of coming back to power in the 2018 presidential elections.

  • Thursday, May 11th 2017 - 10:17 UTC

    Milestone ruling in Europe: parents of EU children have the right to residence

    The ECJ argued that any threat to the mother's right to remain in the EU would deprive the child of the “genuine enjoyment” of her own rights under EU law.

    Non-EU citizens may have the right to residence in the EU if their children are EU citizens, the European Court of Justice (ECJ) has ruled. The case refers to a woman from Venezuela who had a child with a Dutch citizen from whom she has since legally separated. She was denied social welfare and child benefit payments by Dutch authorities.

  • Thursday, May 11th 2017 - 09:56 UTC

    Gibraltar preparing for a hard Brexit; expects new opportunities for financial services

    “We have a with a firm commitment from the UK government to maintain and broaden access to their financial markets from Gibraltar,” Mr Tipping said.

    Gibraltar is preparing for a hard Brexit but expects new opportunities for its financial services sector despite the challenges ahead, Finance Centre Director James Tipping told a European Parliament committee in Brussels. Mr Tipping told the parliament’s Committee of Inquiry into Money Laundering, Tax Avoidance and Tax Evasion that Gibraltar’s finance centre was “small by European standards” but crucial to Gibraltar’s economy.