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Montevideo, September 28th 2023 - 21:37 UTC

Stories for July 6th 2015

  • Monday, July 6th 2015 - 14:59 UTC

    PetroRio buys Petrobras 20% concession in Bijupirá and Salema oil and gas fields

    These fields are located in the Campos Basin, between 480 and 850 meters depth. Daily production averages 22 thousand barrels of oil

    Brazil's oil and gas corporation Petrobras on Friday signed with PetroRio S.A. (‘PetroRio’) the contracts for the sale of 20% of its stake in the concessions of Bijupirá and Salema fields, currently operated by Shell. The transaction amounts to US$ 25 million and is subject to adjustments that are common to this type of operation.

  • Monday, July 6th 2015 - 08:49 UTC

    Uruguay looking to increase trade and investments with India

    President Tabare Vazquez is planning to visit India next year. Despite potential trade between Uruguay and India is minimal

    Uruguay's president Tabare Vazquez is planning to visit India next year, while foreign minister Rodolfo Nin Novoa is scheduled to attend the India-Latin-American conference next October. The move is seen as an effort by Uruguay to increase its trade opportunities and access new markets, given the current difficulties to forge an agreement with the European Union.

  • Monday, July 6th 2015 - 08:46 UTC

    Shanghai Composite picking up strongly as fund managers buy stocks

    The Shanghai Composite was up 2.6% to 3,783.69 after the government announced measures over the weekend to stabilize the tumbling stock markets.

    Mainland Chinese shares surged nearly 8% on Monday despite the rest of Asian markets trading lower on Greece's rejection of austerity demands. The Shanghai Composite was up 2.6% to 3,783.69 after the government announced measures over the weekend to stabilize the tumbling stock markets.

  • Monday, July 6th 2015 - 07:55 UTC

    Francis in Ecuador repeats call 'to hear the cry of the earth and the cry of the poor'

    “I thank God for having allowed me to return to Latin America and to be here with you today in this beautiful land of Ecuador”

    Francis landed in Ecuador's capital Quito on Sunday to begin an eight-day tour of South America that will also include visits to Bolivia and Paraguay. On his first visit as pontiff to Latin America, the Argentina-born pope is scheduled to conduct masses in both Quito and the coastal city of Guayaquil before flying to Bolivia on Wednesday.

  • Monday, July 6th 2015 - 07:34 UTC

    Euro zone to hold emergency summit to discuss Greek referendum 'no'

    Commission president Juncker will hold a teleconference on Monday with European Central Bank chief Mario Draghi, Tusk and Dijsselbloem

    Euro-zone nations will hold an emergency summit on Tuesday to discuss the Greek referendum “No” result after the German and French leaders called for a meeting, EU president Donald Tusk said. The special meeting comes as Brussels reels with the implications of what the head of the Euro-group of finance ministers from the 19-country block, Jeroen Dijsselbloem, called a “very regrettable” decision.

  • Monday, July 6th 2015 - 07:22 UTC

    “An outright victory of democracy and dignity” said Cristina Fernandez on the Greek vote

    “Nobody can be asked to sign their own death certificate. The words of President Nestor Kirchner in 2003 still resound”, said Cristina Fernandez

    Argentine President Cristina Fernández used her Twitter account on Sunday to celebrate the result of a Greek bailout referendum saying it was “an outright victory of Democracy and Dignity. The Greek people have said NO.”

  • Monday, July 6th 2015 - 06:57 UTC

    Presidential hopeful Macri celebrates his successor's victory in Buenos Aires City

    BA city Mayor Macri's chief of staff was winning the election with 45.62% of votes, followed by ECO's Martín Lousteau, with 25.6% of votes.

    Saddled on eight years of Mauricio Macri as mayor of the city of Buenos Aires, his handpicked successor Horacio Rodriguez Larreta, won on Sunday Argentina's capital mayoral election, but not with the sufficient margin to avoid a run-off vote later this month. The winner needed to break the 50% mark in order to avoid the second round, which will take place July 19.

  • Monday, July 6th 2015 - 06:29 UTC

    Independent 'Peronists' keep control of Cordoba province, second largest electoral district

    This will be Schiaretti's second turn as governor, (2007/11) and also guarantees the continuity of governor Juan Manuel de la Sota’s influence in Córdoba

    The governorship of Argentina' second largest electoral district, Córdoba province was won on Sunday by Juan Schiaretti, beating all other parties and coalitions with national representation, including the Victory Front of president Cristina Fernandez.

  • Monday, July 6th 2015 - 00:22 UTC

    Ex-Anglo abattoir complex in Fray Bentos joins Unesco's World Heritage List

    Liebig Extract of Meat Co. exported meat extract and corned-beef to Europe from 1865 and the Anglo Meat Packing Plant frozen meat from 1924.

    UNESCO's World Heritage Committee approved the inscription of four cultural sites on the World Heritage List: Fray Bentos Cultural-Industrial Landscape in Uruguay; Japan’s Meiji Industrial Revolution: Iron and Steel, Shipbuilding and Coal Mining in Japan, Ephesus in Turkey and Aqueduct of Padre Tembleque Hydraulic System in Mexico. The Committee also approved the extension of Spain’s Routes of Santiago de Compostela with the addition of the “Camino Francés and Routes of Northern Spain”.