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Montevideo, March 24th 2017 - 19:59 UTC

International

  • Friday, March 17th 2017 - 22:02 UTC

    Trade and protectionism in the G20 Brazil/US ministerial agenda

    “Brazil actually has experience of closing down its economy,” Meirelles said. Productivity came down and the bottom line was less growth, more inflation.

    Brazil's finance minister has said that he is ready to listen to the U.S. policies on trade at this weekend's G-20 meeting but speaks from experience when he says he believes a free economy is better for everyone. “Brazil actually has experience of closing down its economy,” Henrique Meirelles said on Thursday.

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  • Friday, March 17th 2017 - 07:15 UTC

    Bank of England cautiously leaves interest rates at the record low of 0.25%

    Carney has emphasized his rate-setting board's willingness to ignore a certain level of above-target inflation prompted by the sharp plunge in sterling of around 18%

    The Bank of England (BOE) held interest rates at the record low level of 0.25% and maintained asset purchases at £435 billion on Thursday. The decision, which was made by an 8-1 majority, had been almost unanimously anticipated by central bank watchers with many expecting the BOE to choose caution until more clarity emerges on the Brexit process and the U.K. economy's capacity to manage outside of the European Union.

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  • Friday, March 17th 2017 - 06:27 UTC

    UK government rejects Scottish independence referendum: “now is not the time”

    The prime minister added: “I think we should be working to get the right deal for Scotland and the UK with our future partnership with the European Union”.

    The UK government is to reject calls for a Scottish independence referendum before Brexit after Theresa May said “now is not the time”. The prime minister said the focus should be on getting the best Brexit deal for the whole of the UK.

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  • Thursday, March 16th 2017 - 05:58 UTC

    Relief in Europe: “Netherlands said No to the wrong kind of populism”, Dutch PM Rutte claims victory

    Rutte's party won 32 seats in the 150-member legislature, 13 more than Wilders' party, which took third place with 19 seats. The Christian Democrats claimed 20.

    Dutch Prime Minister Mark Rutte on Wednesday claimed a dominating parliamentary election victory over anti-Islam lawmaker Geert Wilders, who failed the year's first litmus test for populism in Europe. Provisional results with over half the votes counted suggested Rutte's party won 32 seats in the 150-member legislature, 13 more than Wilders' party, which took only third place with 19 seats. The surging CDA Christian Democrats claimed 20.

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  • Thursday, March 16th 2017 - 05:37 UTC

    Scotland will be out of the EU either with UK or independent, PM May tells SNP leader

    Mrs. May said Scotland will be leaving the European Union, it will leave the European Union either as a member of the UK or were it independent.

    Prime Minister Theresa May has claimed that Scotland will be leaving the European Union regardless of whether or not it votes for independence. Speaking during an exchange with the SNP's Angus Robertson, Theresa May also warned against “constitutional game-playing”.

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  • Thursday, March 16th 2017 - 04:56 UTC

    Political seism in Brazil: prosecutor asks Supreme Court to open 83 new graft investigations

    Prosecutor General Rodrigo Janot also requested that the Court send 211 other requests to lower courts based on testimony by executives of Odebrecht

    Brazil's top public prosecutor seismically expanded a corruption probe of the country's political establishment on Tuesday, asking the Supreme Court to open 83 new investigations of politicians named in explosive plea bargain testimony. Prosecutor General Rodrigo Janot also requested that the Court send 211 other requests to lower courts based on much-anticipated testimony by executives of engineering group Odebrecht implicated in Brazil's biggest-ever graft scandal.

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  • Wednesday, March 15th 2017 - 07:26 UTC

    Scottish support for independence at its highest, but EU popularity has fallen

    The survey showed a higher level of support for independence than at any time since 1999 and double the level registered when the independence referendum

    Support for Scottish independence is at its highest-ever level, according to an academic study, but the Scottish Social Attitudes survey also suggested the popularity of the European Union has fallen. The researchers said this suggested focusing on EU membership may not be the best way to swing more voters towards independence.

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  • Tuesday, March 14th 2017 - 21:28 UTC

    Is a second OPEC cut on the Cards?

     U.S. shale has been capping the upside: Brent has not breached US$58 per barrel. Analysts are now mostly predicting oil prices will remain below US$60 this year.

    OPEC's coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. But resurging U.S. shale has been capping the upside, and Brent has not breached US$58 per barrel. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year.

  • Tuesday, March 14th 2017 - 21:23 UTC

    Mexico practices direct diplomacy with the Trump family at the White House

    Videgaray met Trump's son-in-law and senior advisor Jared Kushner, along with National Security Advisor H.R. McMaster and Gary Cohn, a top financial aid

    Mexico's top diplomat was in Washington last week for meetings with the U.S. government, sidestepping the normal channels and heading straight for the White House. Mexican Foreign Secretary Luis Videgaray met at the White House with President Trump's son-in-law and senior advisor Jared Kushner, along with National Security Advisor H.R. McMaster and Gary Cohn, a top financial aid, the Mexican government announced.

  • Tuesday, March 14th 2017 - 11:42 UTC

    Brexit bill expected to become law on Tuesday; process to begin end of March

    “Parliament has today backed the government in its determination to get on with the job of leaving the EU,” Brexit Secretary David Davis said.

    The British Parliament passed on Monday the Brexit bill, paving the way for the government to trigger Article 50 so the UK can leave the European Union. Peers backed down over the issues of EU residency rights and a meaningful vote on the final Brexit deal after their objections were overturned by MPs. The bill is expected to receive Royal Assent and become law on Tuesday.