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Montevideo, December 7th 2023 - 04:01 UTC

Stories for April 2nd 2016

  • Saturday, April 2nd 2016 - 09:17 UTC

    Another 'money-sin' in the Vatican: this time involves a former cardinal's penthouse

    The Vatican said it is investigating two former officials over claims money meant for a children’s hospital was used to refurbish a cardinal’s luxury apartment. Costly work at former Vatican secretary of state Cardinal Tarcisio Bertone’s flat, (seeming to clash with Pope Francis’s recommendations that church officials live as modestly as he), caused a scandal when allegations emerged that the Bambino Gesu Hospital foundation had helped foot the bill.

  • Saturday, April 2nd 2016 - 08:47 UTC

    Peru presidential election next 10 April with no clear winner

    Veronika Mendoza, a 35-year-old leftist presidential contender in Peru who is promising a new constitution to weaken the country's business elite jumped 5 percentage points in a poll and was seen as statistically tied at second with investor-favourite Pedro Pablo Kuczynski.

  • Saturday, April 2nd 2016 - 08:07 UTC

    Argentina and China reaffirm strategic relation and agree to review contracts

    The meeting of the two delegations headed by presidents Macri and Xi Jinping in Washington

    China has agreed to review contracts signed with Argentina, which need modifications, for the sake of transparency, according to Buenos Aires sources, but the overall strategic relation between the two countries and a raft of accords in different fields stands and is expected to continue to grow.

  • Saturday, April 2nd 2016 - 07:36 UTC

    Fallon celebrates the Defense budget increase, 'for the first time in six years'

    “A major milestone for Defense with our budget increasing for the first time in six years in real terms”, said Secretary Michael Fallon.

    United Kingdom Defense Secretary Michael Fallon said that April first marks the beginning of a new financial year, but above all a remarkable turnaround: “a major milestone for Defense with our budget increasing for the first time in six years in real terms”.

  • Saturday, April 2nd 2016 - 07:04 UTC

    How hedge funds held Argentina for ransom

    Companies involved include some of the best-known vulture funds, including NML Capital, subsidiary of Elliott Management, a hedge fund co-led by Paul Singer

    By Martin Guzman and Joseph E. Stiglitz (*) - Perhaps the most complex trial in history between a sovereign nation, Argentina, and its bondholders — including a group of United States-based hedge funds — officially came to an end yesterday (March 31) when the Argentine Senate ratified a settlement.