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Montevideo, October 16th 2018 - 05:55 UTC

International

  • Friday, November 14th 2008 - 20:00 UTC

    Japan pledges 100 billion USD to boost IMF crisis fund

    Prime Minister Taro Aso

    Japan will propose at the upcoming Group of 20 Washington summit the doubling of the current 340 billion dollars provided to the International Monetary Fund to help strengthen its capacity to address financial crises and is willing to pledge 100 billion US dollars of its reserves, according to government sources in Tokyo.

  • Friday, November 14th 2008 - 20:00 UTC

    Bush defends 60 years of free-market system success

    Bush: 'It would a terrible mistake to allow a few months of crisis to undermine 60 years of success'

    US President George W Bush has admitted the financial system needs reforming, but insists the credit crunch was not a failure of the free-market system. Speaking Thursday in New York, Mr Bush said that while financial markets did need some new regulation and more transparency, free trade should not be restricted.

  • Friday, November 14th 2008 - 20:00 UTC

    High unemployment and modest 2010 upturn, SAYS OECD

    Economic activity is expected to fall by 0.9% in the United States in 2009, by 0.5% in the Euro area and by 0.1% in Japan as OECD countries enter a protracted slowdown, according to latest projections.

  • Friday, November 14th 2008 - 20:00 UTC

    Euro zone officially in recession; first time since 1999

    The Euro-zone has officially slipped into recession after EU figures showed that the economy shrank by 0.2% in the third quarter. This follows a 0.2% contraction in the 15-nation area in the previous quarter from April to June. Two quarters of negative growth define a technical recession.

  • Friday, November 14th 2008 - 20:00 UTC

    Pre G20 summit positions sees Brown line up with Bush

    PM Brown: 'Protections is the road to ruin'

    British Prime Minister Gordon Brown has urged leaders of the G20 developed and emerging economies to resist calls for protectionism. Speaking in New York ahead of the weekend G 20 summit on the widening global financial crisis PM Brown said protectionism was “the road to ruin”.

  • Friday, November 14th 2008 - 20:00 UTC

    UK postgraduate training for hundreds of Chileans

    Foreign Secretary David Miliband and Chilean Foreign Minister Alejandro Foxley signed Friday in London a Memorandum of Understanding on Educational Scholarships, the first of its kind and which will help increase the number of Chilean students in the UK.

  • Thursday, November 13th 2008 - 20:00 UTC

    Doha round trade deal “within grasp” says EU, US and G20

    U.S. trade representative Susan Schwab

    A deal on the Doha round of trade talks could be reached within weeks and a summit of industrial and emerging countries this weekend must send a clear signal to achieve this, the EU top trade official said.

  • Thursday, November 13th 2008 - 20:00 UTC

    Gibraltar hosts Liberal MPs from 22 EU countries

    The Bureau of the Alliance of Liberals and Democrats for Europe (ALDE) began this week a three day meeting in Gibraltar under the theme of “Gibraltar in the EU”.

  • Thursday, November 13th 2008 - 20:00 UTC

    Wheat producing countries on alert over damaging fungus

    A United Nations-backed conference of major wheat producing countries has concluded with a call for urgent international action prevent and control a dangerous fungus that can cause heavy damage to wheat crops and threatens food security.

  • Thursday, November 13th 2008 - 20:00 UTC

    Former Falklands governor fined for insider trading

    Fall from grace: Richard Ralph was found guilty of insider trading

    Former Governor of the Falkland Islands and a past British ambassador to Peru has been fined by the Financial Services Authority (FSA) for insider dealing in an AIM-listed mining company which he chaired, reports Thursday edition of The Times.