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Montevideo, April 20th 2024 - 06:21 UTC

Stories for August 23rd 2018

  • Thursday, August 23rd 2018 - 08:21 UTC

    Despite trade talks, US and China will impose fresh tariffs beginning Thursday

    Tariffs come into effect as officials meet for talks in Washington. They are due to wrap up two days of negotiations on Thursday, but few hope for a breakthrough.

    United States and China are expected to impose fresh tariffs on US$ 16bn of each other's goods on Thursday as their tit-for-tat trade war rages on. The second round of tariffs will see a total of US$ 50bn worth of goods from each side that will now be taxed. Since the opening salvo in July, tensions between the world's two largest economies have escalated, hurting their companies and economies.

  • Thursday, August 23rd 2018 - 08:05 UTC

    Argentina rolling over short term debt into longer duration Treasury notes

    Treasury said it seeks to direct investors away from shorter-term central bank debt and into longer duration instruments

    Argentina sold US$2.1 billion in three and six-month treasury notes, the Treasury Ministry said on Wednesday, as it seeks to direct investors away from shorter-term central bank debt and into longer duration instruments. The amount sold represented more than double the US$ 1 billion in dollar-denominated treasury notes that mature on Friday.

  • Thursday, August 23rd 2018 - 06:44 UTC

    FIFA taking temporary control of the Uruguayan Football Association

    AUF was plunged into crisis on July 30, when the association’s president Wilmar Valdez abruptly resigned a day before he was expected to win a new term in office

    World football’s governing body FIFA is taking temporary control of the Uruguayan Football Association (AUF) due to governance concerns. FIFA, acting on information from Conmebol, South America's football association confederation announced it will set up a “normalization committee” to run the AUF until Feb. 28 of next year.

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