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Montevideo, November 20th 2018 - 22:08 UTC

International

  • Saturday, March 7th 2009 - 15:03 UTC

    Lloyds Banking Group full nationalization closer

    Britain’s Lloyds Banking Group is close to a deal with the government for a £258bn asset insurance scheme, according to BBC sources. The agreement could increase the taxpayer's share in the bank from its current level of 43% to as much as 70%, according to reports.

  • Friday, March 6th 2009 - 10:30 UTC

    Gibraltar: Spain praises Princess Anne “low profile” visit

    Princess Anne and Surgeon Cr. Joe Neary at the Princess Royal Medical Centre (Pic MoD/2009)

    A leading Spanish Senator welcomed Gibraltar’s Chief Minister’s decision not to greet the Princess Royal at the runway when she arrived on an official visit to the Rock

  • Friday, March 6th 2009 - 09:03 UTC

    China’s “most difficult year” sends shivers to Mercosur

    Premier Wen Jiabao fears slow down could lead to political instability

    Chinese Premier Wen Jiabao has said the current year will be the most difficult the country has faced this century because of the global economic crisis. Addressing parliament this week, Mr Wen reiterated that there would be a 585 billion US dollars investment program to stimulate the Chinese economy.

  • Friday, March 6th 2009 - 09:01 UTC

    UK cuts rates to 0.5% and unveils plan “to ease” £ 150 billion

    The BoE has continually cut Britain's borrowing costs since October last year

    The Bank of England slashed Thursday rates to 0.5% and unveiled plans to pump up to £150 billion into the economy in its boldest bid yet to tackle the recession. Official borrowing costs have now fallen for six months in a row but the Bank's Monetary Policy Committee believes rate cuts alone will not be enough.

  • Friday, March 6th 2009 - 09:00 UTC

    Trichet promises “non standard measures” to prop Euro economy

    The European Central Bank (ECB) has cut its key interest rate to 1.5% from 2.0%, the lowest since it started setting euro rates in January 1999. It followed a cut in UK rates by the Bank of England. US and Japanese rates are, in effect, already at zero.

  • Thursday, March 5th 2009 - 17:09 UTC

    Gibraltar & recession: “little Britain in the sun”, or the Rock?

    At the Gibraltar border, a steady stream of pedestrians and vehicles enters the territory. It is mid-morning, and the Spanish are coming. Overhead, the Union flag flutters nervously, as it has, in one form or other, since Spain ceded the Rock to the UK in 1713.

  • Thursday, March 5th 2009 - 17:05 UTC

    Brown urges US not to succumb to protectionism

    Brown Tells Congress To 'Seize This Moment'

    Gordon Brown has received a standing ovation from the US Congress after he called for a renewal “of the special relationship for our generation”. Mr Brown, the fifth UK prime minister in history to address both houses on Capitol Hill, urged the US and UK to push for “essential” economic changes.

  • Thursday, March 5th 2009 - 16:50 UTC

    Princess Anne in Gibraltar amid Spanish complaints

    After her arrival The Princess inspected a Tri-Service Guard of Honour

    HRH Princess Anne arrived in Gibraltar Wednesday on an official visit to the disputed territory that has stirred up old tensions between Britain and Spain. The Spanish government made an official complaint to British authorities ahead of the royal visit describing it as “inopportune” and an affront to Spain, which contests London's rule over the strategic territory.

  • Wednesday, March 4th 2009 - 16:49 UTC

    Brazil, Germany help boost car sales; US continues to plunge

    Car sales in Brazil and Germany soared in February helped by tax breaks and a cash bonus to scrap old vehicles. In Brazil Fiat SpA reported its third straight sales increase in February and in Germany sales rose by 22% compared with the same month last year, reaching their highest level for 10 years.

  • Tuesday, March 3rd 2009 - 23:00 UTC

    UK's top historian denied access to his MI5 file

    Historian Eric Hobsbawm

    The British government has been challenged to explain why Britain's most eminent historian has been barred from seeing a file kept on him by the domestic spy agency, MI5.