Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, November 14th 2024 - 21:51 UTC

Stories for April 10th 2015

  • Friday, April 10th 2015 - 07:14 UTC

    Cuba and US hold historic meeting at highest level in Panama

    Few details have emerged from the meeting between Kerry and Rodriguez. The last comparable event was in 1959, between Fidel Castro and Richard Nixon.

    US Secretary of State John Kerry and Cuban Foreign Minister Bruno Rodriguez have held talks, in the highest level meeting between the two countries in more than half a century. The two were involved in closed-door discussions after arriving in Panama for a summit.

  • Friday, April 10th 2015 - 07:12 UTC

    Jeremy Clarkson pulls out as guest host in the “Have I Got News For You” show

    The popular show man, sacked from Top Gear, was scheduled to appear on the new program April 24

    Jeremy Clarkson has pulled out of his planned appearance as guest host of the BBC show Have I Got News For You. He had been due to appear on 24 April in his first BBC appearance since being dropped as a co-presenter of Top Gear, following an attacked on a producer.

  • Friday, April 10th 2015 - 05:26 UTC

    Fitch Ratings lowered Brazil's investment grade outlook to negative

    “Brazil's three-year growth average of only 1.5%, compared to the 'BBB' median of 3.2%, highlights the structural nature of the under-performance,”

    Fitch Ratings lowered Thursday the outlook on Brazil's investment grade BBB rating to negative, warning that government efforts to turn around the economy risked getting derailed. The Brazilian economy, the world's seventh-largest, stagnated with just 0.1% growth last year as the drag of rising inflation erased the effect of hosting the football World Cup in June and July and gearing up for the Rio Olympics next year.

  • Friday, April 10th 2015 - 05:24 UTC

    Rousseff declares Petrobras 'clean' after purging corrupt managers and practices

    ”Petrobras is still standing. It has cleaned up what it had to clean up and got rid of those who took advantage of their positions to enrich themselves,'' Rousseff said

    Brazil's State-run oil company Petrobras has purged corrupt managers and put a graft scandal behind it, while hitting record output levels from offshore deposits, President Dilma Rousseff said Thursday. The indictment of former senior executives of Petrobras the investigation of dozens of political allies of Rousseff in the multibillion-dollar kickback scandal has thrown her government into crisis and undermined investor confidence in Brazil.

  • Friday, April 10th 2015 - 03:09 UTC

    “UK has no doubt about sovereignty over the Falklands and Islanders right to decide their future”

    “We object strongly to recent statements by the Argentine president and the Argentine ambassador to London, and so summoned the ambassador to account for these”

    The UK Foreign Office summoned Argentine Ambassador Alicia Castro to object recent remarks regarding the Falkland Islands by President Cristina Fernandez and the diplomat based in London. An FCO spokesperson said that Britain has no doubt about its sovereignty over the Falkland Islands and surrounding maritime areas, nor about the Falkland Islanders' right to decide their own future.

  • Friday, April 10th 2015 - 03:06 UTC

    Uruguay considering extending length of oil exploration contracts

    “If we find oil, there is no possible scenario in which this could be profitable and be developed” said de Santa Ana, ANCAP exploration manager

    Uruguay is considering extending the length of its oil exploration contracts with foreign companies drilling in its waters in order to shore up investment at a time of plunging crude prices, it said on Wednesday. BP, BG Group, Total, a joint venture of Tullow Oil and Inpex, and a consortium of YPF, Royal Dutch Shell and Galp all have exploration agreements and have invested around $2 billion to date.

  • Friday, April 10th 2015 - 03:03 UTC

    Argentina ordered to pay 405m dollars to nationalized Suez water works

    The French group released a short statement indicating it accepted the judgment and expressing its hope that Argentina complies with the compensation order.

    The World Bank's International Centre for Settlement of Investment Disputes (ICSID) has ordered Argentina to pay 405 million dollars to French company Suez, who saw their contract for water and drainage provision cancelled in 2006. The service had been privatized in the nineties during the presidency of Carlos Menem.

  • Friday, April 10th 2015 - 03:00 UTC

    Falklands' bumper year for Illex squid predicts fisheries scientist

    Illex squid catches caught this season are already 150,000 tons. Last year the fishery had a record catch of over 306,000 tons.

    The Falkland Islands are set to have another bumper year of Illex squid catches with 150,000 tons already caught this season. Last year the fishery had a record catch of over 306,000 tons. It is, “a record catch at this point in the season, at least in the last 25 years of the fishery” Senior Scientist at the Falkland Islands Fisheries Department Dr Sasha Arkhipkin, told Penguin News.

  • Friday, April 10th 2015 - 00:44 UTC

    Cristina Fernandez will visit his close new friend Putin on April 22/23

    Putin made an official visit to the Buenos Aires in July 2014, during which time the two countries signed energy and cooperation deals

    Argentine President Cristina Fernández will be heading to Moscow in just under two weeks upon invitation from Russian President Vladimir Putin to mark 130 years of diplomatic relations between the two countries. The announcement of the president’s 22/23 April visit to Russia came amid news that she would also visit Pope Francis in the Vatican on June 7.

  • Friday, April 10th 2015 - 00:25 UTC

    Five Falklands' oil companies accused of violating Argentine law and UN resolutions

    CFK accused the companies of “carrying out hydrocarbon exploration activities on Argentina's continental shelf without obtaining the corresponding authorization”

    Argentina's government on Thursday formally accused five oil companies of conducting illegal exploration work off the British-ruled Falkland Islands, which Buenos Aires claims as its own. The companies are Britain's Rockhopper Exploration plc, Premier Oil plc and Falkland Oil and Gas Ltd; Houston-based Noble Energy Inc.; and Italy's Edison International SpA, Argentina's Foreign Ministry said in a statement.