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Montevideo, March 25th 2023 - 11:27 UTC

Stories for July 2015

  • Monday, July 27th 2015 - 05:30 UTC

    Gibraltar complains about queues at the border with Spain; drop in tourism expenditure

    “The effects of these seem to be designed to cause as much disruption as possible,” said Deputy Chief minister Dr Garcia

    The Gibraltar Government has included the long queues of last Thursday afternoon at the frontier with Spain in its latest report to the European Union. Deputy Chief Minister Dr Joseph Garcia said the report will be presented “in order to draw attention to the manner in which the Spanish government is implementing the recommendations made by the commission”.

  • Monday, July 27th 2015 - 05:20 UTC

    Guyana warns in Washington about the Venezuelan threat to its territory

    “Guyana at the moment is facing a challenge to its survival by a larger state,” Granger said at the William Perry Center of Hemispheric Defense Studies.

    Guyana's territorial dispute with neighboring Venezuela represents a threat to its very survival, President David Granger warned Friday in Washington. After a recent offshore oil find, the row between the two countries has escalated, with Venezuela laying claim to a huge swathe of Guyana's territory.

  • Saturday, July 25th 2015 - 06:16 UTC

    Petrobras workers on a nationwide 24 hour strike to protest sale of assets

    Caroline Cavassa, a press officer for the National Oil Workers Federation, said 90% of the company's 86,000 workers joined the strike in 12 states.

    Tens of thousands of workers at Brazil's state-owned Petrobras went on a nationwide 24-hour strike on Friday to protest the oil company's plans to sell 15.1 billion dollars worth of assets by the end of next year to help pay off a debt of about 120 billion dollars.

  • Saturday, July 25th 2015 - 05:55 UTC

    Mother and aunt at the launching of Maximo Kirchner's campaign for Congress

    Under the slogan “Always Santa Cruz”, Maximo's campaign recalls the figure of his late father Nestor with fragments from his Argentina’s minimum wagespeeches in radio and TV spots

    President Cristina Fernandez underlined the achievements of her government which, she said, have set the foundations of 'a bright future ahead for Argentina', and openly sponsored the electoral aspirations of Kirchner family members, during a political rally held in Santa Cruz province, from where the powerful presidential couple that has dominated Argentine politics for the last twelve years emerged in 2002/03.

  • Saturday, July 25th 2015 - 05:24 UTC

    Economic activity in Argentina picking up, according to Indec

    The increase in May was boosted by agro exports, the construction sector, consumption and extractive industries, according to a private sector report.

    Economic activity in Argentina has increased 2.2% in May, compared to the same month of 2014, according to the country's stats office, Indec. Compared to April this year, economic activity has grown 0.8%, the Monthly Economic Activity Index revealed.

  • Saturday, July 25th 2015 - 05:14 UTC

    FIFA admits corruption scandal is putting off new World Cup sponsors

    Secretary-general Jerome Valcke said: “The current situation doesn't help to finalize any new agreements.”

    FIFA has admitted the corruption scandal is putting off new World Cup sponsors and plans to hold a summit with existing backers in August. Secretary-general Jerome Valcke said: “The current situation doesn't help to finalize any new agreements.”

  • Saturday, July 25th 2015 - 00:39 UTC

    Brazil's Odebrecht CEO charged with money laundering, corruption and criminal conspiracy

    “Today we take yet another important step in combating impunity,” prosecutor Deltan Dallagnol said at a news conference.

    Brazilian prosecutors presented formal charges on Friday against the chief executive of Latin America's largest engineering firm and other senior executives detained last month in a landmark investigation meant to show that the country's elite are not above the law.

  • Saturday, July 25th 2015 - 00:33 UTC

    Falklands' trawlers under investigation for alleged misreported catches

    Fishing companies applied for the release of the vessels which had been called in by the Director of Fisheries John Barton for investigation in late June

    Three Falkland Islands fishing vessels' owner/operators were ordered by the Supreme Court to pay £200.000 security bonds to return to sea while investigations are ongoing on potential anomalies on their catches and species reports. The value of the vessels range between one and 3.5 million pounds.

  • Friday, July 24th 2015 - 20:21 UTC

    Tourism as a tool for development under-financed, claims Taleb Rifai

    UNWTO chief underlined that tourism has been identified by half of the world´s Least Developed Countries as a priority instrument for poverty reduction.

    Tourism’s underrepresentation in international financing for development flows remains a critical hurdle to overcome in order to fully deploy its development potential. Despite being a high impact economic activity, a major job generator and key export sector accounting for 6% of total world trade, tourism receives only 0.78% of the total Aid for Trade (AfT) disbursements and a mere 0.097% of the total Official Development Assistance (ODA).

  • Friday, July 24th 2015 - 11:18 UTC

    More job losses coming to U.S. shale

    With prices of both Brent and WTI moving towards $50 per barrel, this is bad news for the U.S. shale sector which is already dealing with rising debt

    With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran's crude oil supply would further contribute to the already rising global supply glut. The economic crisis in Greece, OPEC's high production levels and China's market turmoil have created more pressure on oil prices, making a price rebound look highly unlikely in the near future.