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Montevideo, April 18th 2024 - 03:05 UTC

Stories for August 16th 2018

  • Thursday, August 16th 2018 - 10:40 UTC

    UK inflation in July climbed to 2.5%: a blip or a trend?

    Inflation in UK had been subdued for several years prior to the vote to leave EU in June 2016. But the vote caused a fall in the value of the pound, pushing inflation.

    UK inflation climbed in July as had been expected, according to the latest data from the Office of National Statistics, ONS, released on Wednesday. ONS reported that the rate of consumer price inflation, the most-watched measure, increased from 2.4% in June to 2.5% in July, reversing a trend of gradually declining inflation over the course of 2018.

  • Thursday, August 16th 2018 - 10:09 UTC

    Opposition leader claims “fractures” within the Venezuela Armed Forces

    “The conflict today is within the government — not just at the political level, but more importantly within the armed forces,” Borges said in an interview in Bogotá

    An exiled opposition leader accused by Venezuelan authorities of directing a failed plot to assassinate President Nicolás Maduro says the greatest threat to the embattled socialist leader may be his detractors in uniform standing quietly behind him.

  • Thursday, August 16th 2018 - 09:36 UTC

    US Defense secretary pledges closer ties with Argentina; condemns China's “predatory economics”

    Mattis and Aguad announced no specific agreements, but both said they hope for better defense relations between their two countries

    United States Defense Secretary Jim Mattis on Wednesday pledged closer defense cooperation with Argentina. Standing beside his Argentine counterpart, Oscar Aguad, Mattis said the military partnership can be strengthened and alluded to the help the U.S. Navy provided Argentina last November when one of its submarines went missing with 44 sailors aboard.

  • Thursday, August 16th 2018 - 09:13 UTC

    Qatar to the rescue of Turkey with US$ 15bn in direct investments

    The announcement followed a meeting of the Amir with the Turkish president Recep Tayyip Erdogan on Wednesday in Ankara

    Qatar has come to the rescue of Turkey and its ruler Amir Sheikh Tamim bin Hamad al-Thani issued directives to support the Turkish economy with a host of economic projects, investments and deposits worth a total of US$ 15 billion. This follows a meeting of the Amir with the Turkish president Recep Tayyip Erdogan on Wednesday in Ankara.

  • Thursday, August 16th 2018 - 08:52 UTC

    New president takes office in Paraguay pledging to combat poverty and corruption

    Abdo Benitez, 46, promised to combat poverty and entrenched corruption, and urged Paraguayans to “look toward the future and not remain stuck in the past”

    Mario Abdo Benitez, “Marito”, took over as Paraguay's new president on Wednesday, replacing a seemingly disgruntled Horacio Cartes, who left the inauguration ceremony before it finished. Abdo Benitez, 46, promised to combat poverty and entrenched corruption, and urged Paraguayans to “look toward the future and not remain stuck in the past” as he took the oath of office to start a five-year term.

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