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Montevideo, March 29th 2024 - 09:07 UTC

International

  • Thursday, March 22nd 2018 - 22:16 UTC

    Trump calls for reciprocity and reveals US$ 60bn tariffs in China imports

    Trump signed a presidential memorandum directing the US Trade Representative to publish a proposed list of products in 15 days, with an intended tariff increase

    President Donald Trump announced on Thursday his plans for tariffs on up to US$60 billion annually in Chinese imports, designed as retaliation for an administration report that will outline Beijing’s violation of U.S. intellectual property rights.

  • Thursday, March 22nd 2018 - 22:04 UTC

    Falklands ready for the Argentine next of kin visit

    The Argentine Memorial which holds 123 graves of Argentine combatants from the 1982 conflict

    The Falkland Islands government has announced details of next Monday's visit of relatives of the Argentine fallen soldiers whose remains, at the Argentine military cemetery at Darwin, were recently identified by a special team led by the International Red Cross. The release states the following:

  • Thursday, March 22nd 2018 - 16:00 UTC

    Brazil instructs federal communications agencies to reduce coverage of the murder of Marielle Franco

    The deaths of Marielle Franco and her chauffer Gomes have prompted a series of protests throughout Brazil and in other countries

    Journalists and radio broadcasters at Empresa Brasileira de Comunicação (Brazil Communication Company, or EBC), a federal public agency, protested on March 20 against direction given by company managers to reduce coverage of the murders of Marielle Franco, a city councilor for Rio de Janeiro, and her driver Anderson Gomes, both killed in a March 4 shooting.

  • Thursday, March 22nd 2018 - 14:53 UTC

    Cambridge Analytica partner in Brazil under prosecutor investigation

    André Torretta, the president of the Brazilian firm, is known as a pioneer in specialized consulting among Brazil's C-suite business leaders

    Brazilian prosecutors on Wednesday said they had opened an investigation into whether London-based political consultancy Cambridge Analytica acted illegally in Brazil, as controversy over the firm’s data harvesting practices spreads across the globe.

  • Thursday, March 22nd 2018 - 14:04 UTC

    Zuckenberg admitted the network “made mistakes”, and was willing to testify before Congress

    In a statement Zuckerberg admitted a “breach of trust” occurred and with CNN said he was “really sorry”, and pledged action against “rogue apps”.

    Facebook founder Mark Zuckerberg has admitted that the social network “made mistakes” that led to millions of Facebook users having their data exploited by a political consultancy.Cambridge Analytica is accused of improperly using the data on behalf of political clients. In a statement Zuckerberg said a “breach of trust” had occurred. In a later interview with CNN he said he was “really sorry”, and pledged to take action against “rogue apps”.

  • Wednesday, March 21st 2018 - 20:27 UTC

    Peruvian president offers resignation to Congress ahead of an impeachment vote

    Kuczynski's resignation follows the shock revelation of several of the president's allies caught allegedly trying to buy a lawmaker to block the impeachment.

    Embattled President Pedro Pablo Kuczynski has offered his resignation to Peru's congress ahead of a scheduled vote on whether to impeach the former Wall Street investor on corruption charges, according to a presidential aide. If congress accepts the resignation, power would transfer to Vice President Martin Vizcarra, who is serving as Peru's ambassador to Canada.

  • Wednesday, March 21st 2018 - 20:25 UTC

    Powell's Fed confirms gradualism: anticipates 5 more modest rate increases in next 21 months

    Jerome Powell said the Fed expects to increase rates twice more this year, and in 2019 from two to three, reflecting on faster growth and lower unemployment.

    The Federal Reserve is raising its benchmark interest rate to reflect a solid U.S. economy and signaling that it's sticking with a gradual approach to rate hikes for 2018 under its new chairman, Jerome Powell. The Fed said it expects to increase rates twice more this year. At the same time, it increased its estimate for rate hikes in 2019 from two to three, reflecting an expectation of faster growth and lower unemployment.

  • Wednesday, March 21st 2018 - 10:07 UTC

    Facebook shareholder suing the company, which has lost US$ 50bn in value

    Cambridge Analytica, a US-based subsidiary of UK-based firm SCL, obtained as many as 50 million Facebook profiles by abusing Facebook's data sharing features

    A Facebook shareholder is suing the social media giant for allegedly misleading investors in the Cambridge Analytica affair that's currently rocking the social network. Fan Yuan, who owns Facebook stock, filed a lawsuit Tuesday in the District Court of Northern California, located in San Francisco, on behalf of Facebook shareholders. Gizmodo first reported the lawsuit, which is seeking class action status. You can read the full complaint here.

  • Wednesday, March 21st 2018 - 10:03 UTC

    Financial leaders reject protectionism, but prepare for a trade war

    U.S. President Donald Trump is expected to unveil tariffs on up to US$ 60 billion in Chinese technology and telecoms products by Friday

    The world’s financial leaders rejected protectionism on Tuesday and urged “further dialogue” on trade, but failed to diffuse the threat of a trade war days before U.S. metals tariffs take effect and Washington is to announce measures against China. Finance ministers and central bankers of the world’s 20 biggest economies, which represent 75% of world trade and 85% of global gross domestic product, discussed trade disruptions as a risk to growth at a two-day meeting.

  • Wednesday, March 21st 2018 - 07:37 UTC

    UK inflation drops to 2.7% in February, weakest increase since July 2017

    Petrol prices fell on the month and food prices rose more slowly than in February 2017. Also pushing down on inflation was a slower rise in the price of ferry tickets

    UK inflation was weaker than expected in February easing some of the squeeze on households' spending power but doing little to change bets on a Bank of England rate rise in May. Official data showed consumer prices rose by an annual 2.7% last month, the weakest increase since July of last year and down from a rise of 3.0% in January.