Stories for 2017

Saturday, February 11th 2017 - 08:20 UTC
Trump pledges to honor the “One China” following a phone call with President Xi

US President Donald Trump has climbed down on past threats and agreed to honour the so-called “One China” policy. He backed the long-standing agreement during a call with Chinese President Xi Jinping, the White House said. The One China policy states that there is only one Chinese government.
Saturday, February 11th 2017 - 07:51 UTC
Brexit Bill faces Lords' battle, where Tories do not have a majority

Prime Minister Theresa May will face a parliamentary battle to get her Brexit Bill through the House of Lords as Labour launched its effort to rewrite the legislation. The House of Commons overwhelmingly backed legislation allowing the PM May to formally begin Brexit without altering it, but the British Government will face a stiffer test in the Lords where the Tories do not have a majority.
Saturday, February 11th 2017 - 07:36 UTC
Mercosur meeting in March to address internal tariffs and Mexico

Mercosur foreign ministers will be meeting next March 9 in Buenos Aires in the framework of Argentina's pro tempore chair and following on the Argentine/Brazilian presidents recent meeting when it was decided to give the group a new thrust taking advantage of the new world scenario.
Saturday, February 11th 2017 - 07:14 UTC
UK's “exit bill” £ 48 billion? “It would be like leaving a bar without paying for your drinks”

The European Commission has refused to discuss the size of the “exit bill” to be handed to the UK when it withdraws from the EU, amid reports the demand has been fixed at around £48 billion.
Friday, February 10th 2017 - 18:49 UTC
Goldman Sachs hedge fund closing London operations and moving to New York

A Goldman Sachs hedge fund is closing its London operations and moving staff to New York, the firm has confirmed. About eight staff members who were part of the Goldman Sachs Investment Partners (GSIP) Team in London have been told to move. The decision follows the departure of the team's managing director, Nick Advani.
Friday, February 10th 2017 - 18:38 UTC
Greenpeace calls on Mitsubishi not to move salmon farms to Magallanes region in Chilean Patagonia

Greenpeace has urged Japanese conglomerate Mitsubishi to stop expanding its salmon farming operations in Magallanes, as part of its new global campaign focused on protecting the seas of Chilean Patagonia. The launch of the campaign, “Save the seas at the end of the world,” brought together people and activists who gathered in lighthouses along Chile's nearly 4,000 kilometres coastline to claim protection for ecosystems of the southern seas.
Friday, February 10th 2017 - 11:33 UTC
Strike at world's largest copper mine in Chile; long conflict forecasted

Workers at BHP Billiton's Escondida copper mine in Chile, the world's largest, walked off the job on Thursday in a strike that threatens to disrupt the international supply of the widely used metal. It said no miners arrived for morning work aboard buses that normally carry upwards of 1,200 workers per shift to the vast deposit, which accounted for about 6% of global production in 2015.
Friday, February 10th 2017 - 11:28 UTC
Spain must act intelligently in its approach to Gibraltar, says foreign minister

Spain’s Foreign Minister, Alfonso Dastis, said that he believed Gibraltar should be Spanish, though he added Spain must be intelligent in its approach to the Rock. He was speaking during a wide-ranging interview on the morning politics show Los Desayunos, on state broadcaster TVE1.
Friday, February 10th 2017 - 10:24 UTC
Appeals Court rejects Trump's reinstatement of travel ban

US appeals court has rejected President Donald Trump's attempt to reinstate his ban on visitors from seven mainly Muslim countries. The 9th US Circuit Court of Appeals said it would not block a lower-court ruling that halted the order.
Thursday, February 9th 2017 - 20:41 UTC
Uruguay's budget deficit 4% of GDP in 2016, worst performance since 1989

Uruguay's budget deficit reached 4% of GDP during 2016, equivalent to US$ 2.043bn, the worst performance since 1989, according to the latest figures released by the government's stats office, INE. The previous year, 2015 ended with a budget deficit of 3.6% of GDP, which also set a record only comparable to 2002 (3.7%), when Uruguay underwent one of its most challenging financial meltdowns in decades.