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Montevideo, July 18th 2018 - 00:56 UTC

Stories for 2017

  • Friday, April 7th 2017 - 12:14 UTC

    Temer accepts to water down landmark pensions' reform to ensure congressional approval

    A revamp of Brazil's costly pension system is the centerpiece of Temer's crusade to balance the government budget and reverse the rise in public debt

    Brazilian President Michel Temer plans to water down its landmark pension reform proposal to ease lawmakers' resistance to the controversial bill key to rebalance the government's depleted finances. Temer said in a radio interview on Thursday he has authorized the lawmaker sponsoring the plan to alter its terms as long as he maintains the bill's minimum retirement age. He did not specify what changes could take place.

  • Friday, April 7th 2017 - 11:52 UTC

    Manchester City parent company purchases Uruguayan football club

    Manchester City chairman Khaldoon after confirming the purchase of Athletic Torque

    Manchester City's owners have confirmed their purchase of Uruguayan club Atletico Torque as the Abu Dhabi-based investors add to their growing portfolio. City's parent company, City Football Group (CFG), announced second tier Atletico Torque will become part of their global network of clubs.

  • Friday, April 7th 2017 - 10:39 UTC

    Mercosur and Pacific Alliance summit will address potential convergence and Trump's protectionism

    Malcorra's task will be to ensure that the Venezuelan situation does not push aside the main purpose of the summit

    Mercosur and Pacific Alliance foreign ministers are scheduled to meet this Friday in Buenos Aires, on an Argentine initiative to advance in a possible political and trade confluence with the prospect of a regional alliance in the near future. The controversial Venezuela case will also be on the table, but attendants have anticipated that they won't let this issue dominate the agenda or cast a shadow on the purpose of the summit.

  • Friday, April 7th 2017 - 10:31 UTC

    “I have gotten nothing” from Xi, but a strong friendship has developed, Trump admits

    Trump said the two leaders had quickly “developed a friendship,” and he predicted that “long term we’re going to have a very, very great relationship”

    United States President Donald Trump said to light laughter at a Thursday evening dinner he hosted for Chinese President Xi Jinping that after a long discussion, “I have gotten nothing, absolutely nothing” from his guest. But Trump added that the two leaders, who chatted earlier at the president’s Florida resort, had quickly “developed a friendship,” and he predicted that “long term we’re going to have a very, very great relationship and I look very much forward to it.”

  • Friday, April 7th 2017 - 10:07 UTC

    Without consent from Gibraltarians, no sovereignty negotiations, PM May tells Donald Tusk

    “The PM reiterated UK’s desire to ensure a deep and special partnership with the European Union following its exit”

    Prime Minister Theresa May reiterated on Thursday the UK’s desire to ensure a deep and special partnership with the European Union, but as the UK exits the EU and “there would be no negotiation on the sovereignty of Gibraltar without the consent of its people”. Mrs. May made the statement after meeting at 10 Downing Street with the president of the European Council Donald Tusk for talks following the triggering of Article 50.

  • Friday, April 7th 2017 - 09:55 UTC

    Nigel Farage proposes a Gibraltar referendum to become part of the UK

    Farage said he supports holding a referendum giving Gibraltarians the chance to enjoy devolved powers such as Scotland, Wales and Northern Ireland.

    One in three people in Britain would cede at least some sovereignty over Gibraltar for a better Brexit deal according to a YouGov poll made public this week. The poll conclusions were released when Nigel Farage, Britain's leading Brexiteer expressed support for proposals to hold a referendum in Gibraltar to ask whether they want to become part of the UK.

  • Friday, April 7th 2017 - 08:15 UTC

    Massive stoppage in metropolitan Buenos Aires but with limited response in the rest of the country

    In Buenos Aires the strike shut down schools, banks and public transport and demonstrators blocked streets as Macri hosted an international economic forum. (Pic Clarin))

    Airlines in Argentina grounded international flights and riot police scuffled with protesters on Thursday as workers staged a general strike to protest job and pay cuts. Conservative President Mauricio Macri condemned the call to strike where he faces midterm legislative elections in October.

  • Thursday, April 6th 2017 - 14:59 UTC

    UK services sector grows stronger than expected during March

    The services sector, which accounts for three-quarters of the UK economy, said business activity and new work grew at the strongest rate so far this year.

    Activity in the UK's dominant services sector rose at a faster-than-expected pace in March. The Markit/CIPS purchasing managers' index (PMI) for services rose to 55, compared with economists' expectations of a slight increase to 53.5. The services sector, which accounts for three-quarters of the UK economy, said business activity and new work grew at the strongest rate so far this year.

  • Thursday, April 6th 2017 - 12:53 UTC

    Uruguay's March inflation finally drops to the Central bank target range

    Regarding food and beverage, bread and cereals was up 0.89% in March. Meat climbed 0.35%, pushed mainly by higher poultry prices, 3.47%.

    Consumer prices in Uruguay rose 0.68% in March, the government said in a statement on Wednesday, bringing the country's 12-month inflation rate to 6.81%. It was the first time since December 2010 that Uruguayan inflation was within the country's 3% to 7% target range.

  • Thursday, April 6th 2017 - 12:46 UTC

    Trump removes top strategist Steve Bannon from the Security Council

    Critics have branded Mr Bannon - who once managed populist, right-wing Breitbart News - as a white nationalist.

    President Donald Trump has removed his senior strategist Steve Bannon from the US National Security Council (NSC). The appointment in January raised fears that the circle of US intelligence chiefs was being politicized.