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Montevideo, May 24th 2018 - 13:33 UTC

Stories for January 2018

  • Wednesday, January 31st 2018 - 08:55 UTC

    UK economy expands 0.5% in fourth quarter and 1.8% for the whole of 2017

    The production-side breakdown of GDP showed that the dominant services sector advanced 0.6% in the fourth quarter, the fastest pace in a year.

    The UK economy expanded at a slightly faster pace in the fourth quarter on services and manufacturing output, but the full-year growth was the weakest in five years, preliminary data from the Office for National Statistics showed. GDP grew 0.5% sequentially in the fourth quarter, while the rate was forecast to remain unchanged at 0.4%.

  • Wednesday, January 31st 2018 - 08:42 UTC

    Guyana/Venezuela border controversy referred to the International Court of Justice

    Secretary-General Guterres stated that he has chosen the International Court of Justice as the means to be used for the solution of the controversy.

    United Nations Secretary-General, António Guterres has referred the Guyana/Venezuela border controversy to the International Court of Justice (ICJ). In a statement which was published on the UN’s website on Tuesday, Stéphane Dujarric, spokesman for the Secretary-General stated that Mr Guterres has fulfilled the responsibility that has fallen to him within the framework set by his predecessor in December 2016, and has chosen the International Court of Justice as the means to be used for the solution of the controversy.

  • Tuesday, January 30th 2018 - 19:37 UTC

    Argentina promotes B20 agenda in London

    Argentina’s recent role in Davos shows that the country is integrating to the world as a “predictable and stable partner”

    Daniel Funes de Rioja, Chair of B20, promoted the B20 agenda among British business, chambers, institutions and members of the press at the “B20 Priorities and Challenges” seminar at the Argentine Official Residence in London.

  • Tuesday, January 30th 2018 - 15:41 UTC

    Falkland Islands Outlines Fiscal Strategy for 2018/19 and Beyond

    “The Falkland Islands Government obtain almost 60% of its annual revenue from the fishing sector” (Pic R. Goodwin)

    The Falkland Islands Executive Council (its effective Cabinet) agreed late last week a set of budgeting principles for the Government over the coming financial year beginning 1st July 2018. These principles are likely to apply throughout the four year term of the current Legislative Assembly, though will be formally reviewed by the Assembly annually.

  • Tuesday, January 30th 2018 - 10:24 UTC

    Macri implements pay freeze and eliminates 1.000 “political positions”

    “If Argentines chip in, all of us who are part of politics must make twice the effort and lead by example,” Macri said

    President Mauricio Macri said on Monday that government employees in Argentina won't receive pay raises this year as part of a string of measures aimed at cutting spending. Macri also announced the elimination of 1,000 “political positions” and the firing of family members appointed as advisers by government ministers. The measure is expected to save the government about US$75 million.

  • Tuesday, January 30th 2018 - 10:16 UTC

    PM May leadership questioned by Tories divided over Europe

    No 10 says Mrs May had made progress in the negotiations and set out a “clear vision” of the UK's future relations.

    Prime minister Theresa May has been warned the UK risks disaster unless she “sees off hard Brexiteers” in her own party amid continuing Tory divisions over Europe. Ex-minister Anna Soubry said the PM must not let what she said were 35 MPs dictate the terms of the UK's EU exit.

  • Tuesday, January 30th 2018 - 10:06 UTC

    FBI's No 2 steps down; Trump publicly criticized him of political bias

    White House Press Secretary Sarah Huckabee Sanders said Trump ”stands by his previous comments” about McCabe

    Andrew McCabe, the FBI's No. 2 official whom President Donald Trump publicly criticized for alleged political bias and reportedly wanted fired, stepped down from the bureau Monday, weeks ahead of his retirement. The move followed months of blistering criticism by Trump and his Republican allies that McCabe, 49, was an anti-Trump partisan. Recent reports said McCabe had been pressured to leave the bureau.

  • Tuesday, January 30th 2018 - 10:00 UTC

    Petrobras to join the Oil and Gas Climate Initiative

    The OGCI is the CEO-led grouping of oil and gas companies that intends to lead the industry’s response to climate change

    The Oil and Gas Climate Initiative (OGCI) and Petrobras announced that the Brazilian company will join the initiative. This commitment is subject to the approval of the OGCI Climate Investments Members’ Agreement by the Petrobras board of directors.

  • Tuesday, January 30th 2018 - 09:49 UTC

    Surprise shock for Lula: praise from Temer, “he's a very charismatic figure”

    “He's a very charismatic figure. There's a reason he's leading opinion polls”, Temer said on Radio Bandeirantes. “I don't think he's dead.”

    Brazil's popular but scandal-plagued leftist ex-president Luiz Inacio Lula da Silva got an unlikely morale boost on Monday from a political nemesis, current President Michel Temer. Lula easily leads the polls heading to October's presidential election but his dream of returning to office was left in doubt last week after an appeals court upheld an earlier corruption conviction against him.

  • Tuesday, January 30th 2018 - 09:38 UTC

    Macron calls on the EU for more sanctions on Venezuela

    “Sadly things are going in the wrong direction,” Macron told a joint news conference with the visiting president of Argentina, Mauricio Macri.

    French President Emmanuel Macron called for further European Union sanctions on Venezuela, days after the 28-nation bloc agreed a travel ban and asset freezes on seven senior Venezuelan officials. The West accuses President Nicholas Maduro's government of violating democracy and human rights in the oil-producing nation, which is in the grip of a major economic and social crisis with millions suffering food and medicine shortages.