Stories for 13th 2015

Friday, March 6th 2015 - 07:32 UTC
PM Cameron and Peña Nieto discuss agenda of bilateral and global issues

British Prime Minister David Cameron welcomed President Peña Nieto of Mexico to Downing Street on Thursday afternoon as part of his State Visit to the UK.
Friday, March 6th 2015 - 07:27 UTC
Chilean researchers invited to UK sponsored Engineering innovation program

The United Kingdom Newton-Picarte Fund supported Chilean researchers to participate in the Royal Academy of Engineering's innovation program. Under the Leaders Innovation Fellowships scheme, 15 Chilean researchers, who are already VIU CONICYT grant receivers, travelled to London and Oxford to attend a 10 day residential program.
Friday, March 6th 2015 - 07:22 UTC
Argentina denies any devaluation to compensate for the plunge of Brazil's Real

Despite Brazil's 'violent devaluation' of its currency, Argentina will not pursue the same path because the country needs “to give certainty” and “avoid instability” said Economy minister Axel Kicillof. This week the Real plunged to its lowest level in over a decade burdened by economic and political uncertainty
Friday, March 6th 2015 - 07:06 UTC
UK leaves interest rates unchanged at record low 0.5% for six years

UK interest rates have been kept unchanged again by the Bank of England, meaning they have now been at their record low of 0.5% for six years. Rates were first cut to 0.5% in March 2009 as the Bank sought to lift economic growth amid the credit crunch.
Friday, March 6th 2015 - 06:56 UTC
Argentine central bank chairman defends the 50-peso Malvinas bill

Argentina's Central Bank Governor Alejandro Vanoli defended the new 50-peso banknote which features the Falklands/Malvinas Islands, after it was belittled by the a minister of state at the British Foreign Office.
Thursday, March 5th 2015 - 13:05 UTC
Here's what will send oil prices back up again

Oil's rapid decline since August of last year has been dramatic. To listen to some commentators you would also think it is unprecedented and irreversible. Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense. The question we should be asking ourselves is not if oil prices will recover, but when they will.
Thursday, March 5th 2015 - 11:05 UTC
WHO calls on countries to reduce sugars intake among adults and children

A new WHO guideline recommends adults and children reduce their daily intake of free sugars to less than 10% of their total energy intake. A further reduction to below 5% or roughly 25 grams (6 teaspoons) per day would provide additional health benefits.
Thursday, March 5th 2015 - 10:31 UTC
P&O Cruises Britannia calls at Gibraltar on her way to England

The biggest ship designed exclusively for Britain, Britannia called at Gibraltar on Tuesday and is due to return for a formal inaugural call on March 17. The vessel is P&O Cruises latest “modern classic”, heralding what it calls a new era of holiday choice.
Thursday, March 5th 2015 - 08:23 UTC
US Judge names lead plaintiff in class-action lawsuit against Petrobras

A U.S. federal judge on Wednesday named a trustee of a British pension fund as the lead plaintiff in a class-action lawsuit against Brazil's state-run oil company Petrobras and its top executives.
Thursday, March 5th 2015 - 08:17 UTC
Brazil raises benchmark interest to 12.75%, highest level since 2009

Brazil’s central bank raised its benchmark interest rate to 12.75% Wednesday, the highest level since 2009, as it struggles to get price increases under control amid sluggish economic growth and deepening political turmoil.