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Montevideo, January 20th 2018 - 03:09 UTC

Stories for January 5th 2018

  • Friday, January 5th 2018 - 11:05 UTC

    Petrobras Brazilian shareholders demand similar payment as those in a class action lawsuit in US

    Petrobras on Wednesday agreed to settle a class action lawsuit in the US that claimed damages for the oil company's role in a major bribery scheme

    Brazilian shareholders of state-controlled Petrobras are petitioning a Brazilian court to be paid on similar terms as those given to U.S. shareholders in a US$ 2.95 billion settlement, according to lawyers representing them.

  • Friday, January 5th 2018 - 10:57 UTC

    Maduro announced the bonus of Reyes Magos of almost a minimum wage

    Maduro will grant a bonus with the equivalent of US$ 3.9, to those who possess the Carnet de la Patria, an identity document created by the government that serves to regulate the purchase of food

    Four days before the beginning of an election year in Venezuela, President Nicolás Maduro announced on national television that he will grant a bonus of 500,000 bolivares, the equivalent of US$ 3.9, to those who possess the Carnet de la Patria, an identity document created by the government that serves to regulate the purchase of food and tools with which users can access pensions or bonuses of this style in exchange for their loyalty to the government party.

  • Friday, January 5th 2018 - 10:50 UTC

    Blair blasts Labour's “timidity” on a Brexit designed by the “Tory right”

    Blair urged the party he once led to “nail” the “myths” of the Brexit campaign, and fight for the rights of voters to “think again” about leaving

    Ex Labour prime minister Tony Blair has attacked Labor's “timidity” on Brexit, saying it would deliver a departure from the EU designed by the “Tory right”. He urged the party he once led to “nail” the “myths” of the Brexit campaign - and fight for the rights of voters to “think again” about leaving. He said 2018 would be the year the fate of Britain would be decided.

  • Friday, January 5th 2018 - 10:44 UTC

    Crackdown on phantom employees, “gnocchi”, in the Argentine Congress

    Authorities have begun proceedings to remove 160 of them from their positions, while 30 others decided to resign when confronted with evidence of absenteeism

    Nearly 200 phantom workers at Argentina's parliament have been caught in a crackdown on employees who only show up sporadically for their jobs, it has been reported. According to La Nacion, the Argentine Congress implemented a new attendance control system for employees two months ago, and it has already caught 190 who had not shown up for long periods without a good explanation.

  • Friday, January 5th 2018 - 10:39 UTC

    Chinese locomotives to revive Argentina's cargo train network

    Manufactured by China's CRRC Qishuyan, locomotives are a comprehensive plan to reactivate the rail system by modernizing its aging infrastructure

    A new shipment of Chinese-made locomotives arrived in the Port of Buenos Aires on Wednesday to revive Argentina's key Belgrano Cargas cargo train network. The eight locomotives will form part of a strategic rail line that traverses northern Argentina's agricultural heartland and connects producers with the eastern exporting hub of Rosario, a port located 300 km north of the capital.

  • Friday, January 5th 2018 - 10:36 UTC

    Temer dressed in jogging gear said he was “fully recovered”

    Dressed in jogging gear and flanked by bodyguards, a grinning Temer gave the “thumbs-up” sign and declared he had “fully recovered”

    Brazil’s President Michel Temer appeared keen to demonstrate on Thursday he had recovered from his latest bout of ill health, inviting the press to photograph him during a brisk walk in a Brasilia park. Temer, 77, last month underwent a “minor surgical procedure” to resolve a urethral obstruction at the Sirio-Libanes Hospital in Sao Paulo.

  • Friday, January 5th 2018 - 10:25 UTC

    Drought in north Argentina seriously delaying plating of soy and corn

    There are still nearly 12.8 million acres to be planted and 40% of this surface corresponds to northern Argentina, with wide areas of drought. Photo: Sebastián Astorga / sebastorga.com

    The drought in Argentina continues in several regions and has generated a delay of planting for the 2017-18 season. A report authored by the institution AgroEducación indicated that La Niña, though subtle, already impacts the region with temperatures above normal and scarce rains.

  • Friday, January 5th 2018 - 10:20 UTC

    Argentina sells US$ 9bn in bonds, “at the lowest yields in the country's history”

    Bonds were 2.4 times oversubscribed, as Argentina received orders for US$21.4bn,  the ministry said. Issuance would cover half of infrastructure investments this year.

    Argentina sold US$ 9 billion in a three-part dollar bond issuance that was oversubscribed on Thursday, covering nearly a third of its expected financing needs for 2018 early in the year. Latin America’s third largest economy sold US$1.75 billion in five-year bonds at a yield of 4.625%, US$ 4.25 billion of 10-year bonds at 6% and US$3 billion in 30-year bonds at 7%, the ministry said. It said the yields were the lowest in Argentina’s history.

  • Friday, January 5th 2018 - 10:15 UTC

    Mysterious death of at least 88 grey dolphins on the coast of Rio do Janeiro state

    According to the local Brazilian media Al Dia News, it's the worst mass death of the dolphin this decade, newshub.co reports.

    Environmentalists in Brazil say they are trying to figure out why more than 80 gray dolphins have died in less than a month on the coast of Rio de Janeiro state. A statement from the Gray Dolphin Institute says the dolphins died over past 17 days in the Bay of Sepetiba, a coastal district about 70 kilometers west of Rio de Janeiro. The institute is an NGO that monitors and strives to protect the dolphins.

  • Friday, January 5th 2018 - 10:06 UTC

    Falklands new Chief of Justice has very close links with the Islands

    James Lewis QC commented that he was very much looking forward “to taking up the appointment of Chief Justice and getting to know the Falkland Islands”

    On instructions from the Secretary of State, His Excellency the Governor has formally appointed Mr James Lewis QC as the Honorable the Chief Justice of the Falkland Islands. Mr Lewis was officially sworn in by the Governor at a ceremony held at Government House on Thursday 4 January.

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