Stories for July 2015

Monday, July 6th 2015 - 14:59 UTC
PetroRio buys Petrobras 20% concession in Bijupirá and Salema oil and gas fields

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

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

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'

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'

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

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

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

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

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”.
Saturday, July 4th 2015 - 07:33 UTC
Greece 'Yes' and 'No' voters tied for Sunday's referendum, shows latest poll

Greeks packed city squares for dueling rallies late into the night Friday, as polls showed a dead heat between the 'yes' and 'no' camps ahead of a bailout referendum Sunday that could be Greece's most important vote since it joined the European Union.