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Montevideo, March 28th 2024 - 11:05 UTC

Stories for July 17th 2015

  • Friday, July 17th 2015 - 07:44 UTC

    The man who silenced Maracana in 1950 passes away with full honors

    Ghiggia at the time was 22 and admits on scoring the second decisive goal (2 -1) he didn't realize until much later what a monumental feat had been achieved.

    “Only three people silenced Maracana: the Pope, Frank Sinatra and me”. The comment belongs to Alcides Ghiggia, Uruguay's last member and striker of the team that beat Brazil in the World Football Cup final of 1950 and thus winning the Jules Rimet Cup. It would be Uruguay's second world cup: the first in 1930 when it beat Argentina.

  • Friday, July 17th 2015 - 07:14 UTC

    Uruguay after a Mercosur 'action plan' to eliminate all inter-trade restrictions

    “Our maximum aspiration is for the summit to agree on making Mercosur more transparent, on admitting our shortcomings”, said the Uruguayan official

    Uruguay is attending the Mercosur summit in Brazil hoping the group implements deep changes, particularly referred to the free circulation of goods, services and production factors, and considers a six month period should be sufficient trial for the changes to become effective.

  • Friday, July 17th 2015 - 06:57 UTC

    Comparing FIFA to the mafia “is almost insulting to the mafia”. US Senate grills soccer federation

    “The fact of the matter is that what has been revealed so far is a mafia-style crime syndicate in charge of this sport” said Senator Blumenthal

    Comparing FIFA to the mafia is “almost insulting to the mafia”, a US senator said, turning up the heat on football's corruption-tainted world governing body to reform. Richard Blumenthal made the remark at a Senate subcommittee hearing scrutinizing FIFA, after US authorities in May indicted 14 people - including top football officials over tens of millions of dollars of alleged bribes for media rights contracts.

  • Friday, July 17th 2015 - 06:42 UTC

    Falklands' Premier secures two blocks in Mexico's oil industry privatization

    Mexico’s oil and gas privatization process began with shallow offshore assets; the licenses are in waters off the states of Veracruz and Tabasco

    Premier Oil, with strong involvement in the development of the Falkland Islands' oil and gas industry is among the winners in the first round of Mexico’s oil and gas privatization. The two licences secured by the London listed oil firm’s consortium were the only assets successfully auctioned by the Mexican authorities.

  • Friday, July 17th 2015 - 06:19 UTC

    Argentine economy showing slight improvement but still delicate, says IMF

    “We see a delicate situation regarding Argentina’s economy. Moving from a slight contraction to a slight growth statistically speaking” said Werner

    The International Monetary Fund (IMF) slightly improved its outlook on Argentina’s economy saying the country will grow 0.1% in 2015 and will remain stagnant in 2016. Nevertheless, IMF warned the country is going through a “very delicate” situation and insisted that the improved outlook doesn’t change its views regarding Argentina.

  • Friday, July 17th 2015 - 06:01 UTC

    Yellen says Fed remains on track to raise interest rates this year

    “If the economy evolves as we expect, economic conditions likely would make it appropriate at some point this year to raise the federal funds rate,” Yellen said

    Federal Reserve Chair Janet Yellen said the US central bank remains on track to raise interest rates this year, with labor markets expected to steadily improve and turmoil abroad unlikely to throw the US economy off track.

  • Friday, July 17th 2015 - 05:49 UTC

    “Sea for Bolivia” and “Malvinas for Argentina” pledges president Evo Morales

     “We're very happy with Argentina because we know we can always count with the Argentine people in this kind of demands”, pointed out the Bolivian leader

    Bolivian president Evo Morales defended his claim of “sea for Bolivia” and “Malvinas for Argentina”, during the last of his two-day very militant visit to Argentina before flying late Thursday to Brazil for the Mercosur summit.

  • Friday, July 17th 2015 - 05:28 UTC

    Argentine Judge who ordered a raid of Cristina Fernandez's businesses, was removed

    The raid was carried out at the real estate offices of Maximo Kirchner in Santa Cruz and involved Metropolitan Police agents, that is from Buenos Aires City.

    An Argentine judge who on Monday ordered a raid of real estate offices belonging to the son of President Cristina Fernandez, on an ongoing probe into money laundering and tax elusion, was removed from the case on Thursday. A Federal court ruled the nullity of the order issued by Judge Claudio Bonadio after a presentation by Romina Mercado, niece of President Cristina Fernandez de Kirchner and who also happens to figure as the head of the Hotesur company under investigation.

  • Friday, July 17th 2015 - 04:48 UTC

    Brazil's corruption scandals reach Lula da Silva: probe into influence peddling

    The probe targets Lula's alleged use of his clout after leaving office to help construction giant Odebrecht land billion-dollar contracts in Latam and Africa.

    Prosecutors in Brazil have announced a probe into possible influence peddling by former president Lula da Silva, involving the construction firm Odebrecht which is one of Latin America's largest engineering company. The investigation will center on Lula's alleged use of his clout after leaving office to help scandal-ridden construction giant Odebrecht land billion-dollar contracts in Latin America and Africa.