Current Edition

Current Edition
Tuesday, September 29th 2015 - 06:28 UTC

Former president says “no way Uruguay can escape the impact of the Brazilian crisis”

“I can't see how Uruguay can escape the impact of the crisis in Brazil...Uruguay will have to find other markets”, stressed Fernando Henrique Cardoso

Brazilian former president Fernando Henrique Cardoso, (1995/2002) said that the serious economic situation faced by Brazil is very complex, will take time to overcome and most surely the impact will be felt in neighboring Uruguay, a country which must target other markets, other economic spaces.

Tuesday, September 29th 2015 - 06:19 UTC

Corbyn's Falklands 'negotiable' approach causes dissent among Labour

At a reception, Hilary Benn said: “I am the shadow foreign secretary… as far as I’m concerned, we believe in self determination for the Falkland Islands”. (Pic AP)

Labour leader Jeremy Corbyn statement that the Falkland Islands are 'negotiable', a position he has maintained since he was first elected to Parliament, not only triggered immediate reaction from veterans and Falkland Islanders when he was chosen earlier this month: in effect, senior members from the party, even those within his shadow cabinet openly express their disapproval of his views, according to UK media reports.

Tuesday, September 29th 2015 - 05:46 UTC

Obama willing to work with Iran and Russia to end Syrian conflict, but not with President al-Assad

“The United States is prepared to work with any nation, including Russia and Iran, to resolve the conflict,” Obama said at gathering of world leaders.

The United States is willing to work with Iran and Russia to try to end the Syrian conflict, US President Barack Obama on Monday but insisted there could not be a return to the status quo under Syrian President Bashar al-Assad.

Tuesday, September 29th 2015 - 05:31 UTC

A new bout of losses in Asian markets over fears of growth and lower commodities prices

The Nikkei 225 index was down 3.2%. The benchmark index was at 17,086.27 points after falling to its lowest level since January in early trading.

Asian shares have headed sharply lower, following the rout in global equities as fears over growth and lower commodity prices grow. Japanese shares hit an eight-month low as investors awaited the Bank of Japan's Tankan quarterly business confidence survey, due on Wednesday.

Tuesday, September 29th 2015 - 05:17 UTC

Cristina Fernandez points her guns to the US and 'vulture funds', but no word on the Falklands

In her last address, the president defined the AMIA case “as a spider's web of foreign interests, in which the weakest and smallest are trapped”.

Addressing the UN General Assembly, President Cristina Fernandez accused the United States of 'protecting' a former Argentine intelligence agent, blasted the speculative or 'vulture funds', gave details of the Iran-US-Argentina dealings and to everybody's surprise did not mention a word about the Falkland Islands sovereignty claim.

Monday, September 28th 2015 - 11:15 UTC

Francis leaves Philadelphia with “a heart full of gratitude and hope”

At the airport, Francis thanked all those who worked to prepare for his visit. He said he was leaving the U.S. with “a heart full of gratitude and hope.”

Pope Francis left Philadelphia and is headed back to Rome on Sunday night, bringing his historic trip to the U.S. and Cuba to a close. The pope's airport farewell included appearances from Vice President Joe Biden, Philadelphia Mayor Michael Nutter and Pennsylvania Gov. Tom Wolf, as well as a performance by a high school band.

Monday, September 28th 2015 - 11:08 UTC

Francis pledges clergy and bishops abusing children will be held accountable

Earlier on Sunday, the pontiff prayed with a group of victims of child sexual abuse, saying “God weeps” for their suffering.

Pope Francis has celebrated a large open-air Mass in Philadelphia, ending his six-day visit to the US. He appealed for unity and family love, as thousands of people gathered at the city's Benjamin Franklin Parkway. Earlier, the pontiff prayed with a group of victims of child sexual abuse, saying “God weeps” for their suffering.

Monday, September 28th 2015 - 10:57 UTC

Shell stops Arctic oil exploration following 'disappointing' results

Shell said it did not find sufficient amounts of oil and gas in the Burger J well to warrant further exploration.

Royal Dutch Shell has stopped Arctic oil and gas exploration off the coast of Alaska after “disappointing” results from a key well in the Chukchi Sea. In a surprise announcement, the company said it would end exploration off Alaska “for the foreseeable future”.

Monday, September 28th 2015 - 10:45 UTC

Record soy and corn crops forecasted in South America because of stronger dollar and El Niño

Soybean crop could be much bigger than the 171 million tons of last year under challenging conditions, topping the previous record by 17 million tons. 

A combination of weather, currency and political factors should result in another huge South American crop of corn and soybeans, further depressing grain and oilseed prices, says an analyst, according to a report from Canada's The Western Producer.

Monday, September 28th 2015 - 10:35 UTC

Brazil has sufficient reserves, but Rousseff concerned about companies with dollar debts

“Brazil today has sufficient enough reserves to not have any problem, any disruption due to the dollar,” Rousseff said in an interview with GloboNews.

Brazil President Dilma Rousseff cited the nation's foreign currency reserves as a backstop to excessive volatility and weakness in the Brazilian Real.


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