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Montevideo, January 10th 2025 - 16:37 UTC

Stories for 2016

  • Thursday, April 7th 2016 - 09:43 UTC

    Indonesia sinks 23 foreign fishing vessels caught poaching, bringing the total to 170

    Maritime and Fisheries Minister Susi Pudjiastuti said her agency sank 10 Malaysian and 13 Vietnamese boats that were caught fishing illegally in Indonesian waters.

    Indonesian authorities sank 23 foreign fishing boats this week saying they were “operating illegally in the archipelago's vast waters in continuation efforts for anti-poaching”, China's Xinhua news agency reported. This brings the number of vessels destroyed by the Government under the policy to more than 170.

  • Thursday, April 7th 2016 - 09:32 UTC

    Infantino 'dismayed' with doubts about his integrity referred to Panama Papers; 'sad day for journalism'

    Panama Papers show that Infantino’s signature appeared on the 2006 contract with Cross Trading, owned by Hugo Jinkis, an offshore company registered in Niue.

    FIFA's Gianni Infantino says he is “dismayed” that his integrity is being doubted after he was revealed to have signed off a TV rights contract with two businessmen who were later indicted in the U.S. for bribery in FIFA’s corruption scandal.

  • Thursday, April 7th 2016 - 09:20 UTC

    MSC Cruises orders four more ships from French shipyard STX in 3.6bn Euro deal

    The companies signed a letter of intent at Elysee palace, reflecting the importance placed on the investment for President Francois Hollande employment policy

    French shipyard STX has secured an order for up to four more ships from MSC Cruises, in a 3.6 billion-Euro (US$4.1 billion) deal announced on Wednesday. MSC Cruises, part of privately owned shipping group MSC, has in recent years been the main customer for STX France, which is based at the Atlantic port of Saint-Nazaire.

  • Thursday, April 7th 2016 - 09:03 UTC

    Venezuela becomes strong client of millions of barrels of US WTI crude

    The tanker Krymsk was loaded with 500,000 barrels of West Texas Intermediate crude at the U.S. Gulf Coast on March 28. It will arrive in Curacao this week.

    Venezuela's PDVSA will discharge in the coming days its first cargo of U.S. crude bought from British BP, who along with China Oil was awarded a tender to supply the state-run company with some 8 million barrels in the second quarter, traders close to the deal revealed on Wednesday.

  • Thursday, April 7th 2016 - 08:49 UTC

    Britain's choice: economic security with the EU, or a leap into the dark

    Leaving the single market would also hit our service industries hard – and this is where our economy faces the biggest risk.

    By PM David Cameron - Prime Minister David Cameron wrote an article on the UK's economic security within the EU for The Telegraph. Imagine a world where a British airline wasn’t allowed to fly between Rome and Paris; where British farmers were slapped with a tariff if they wanted to export more beef to Europe; and where great British telecoms companies and car manufacturers faced new barriers when trying to sell their goods and services to customers in Europe.

  • Thursday, April 7th 2016 - 06:52 UTC

    Panama Papers shows shell companies prevail despite G20 announced efforts

    G20 leaders representing 80% of world economy, have vowed to crack down on the practice blamed for helping conceal money laundering, corruption and tax evasion

    The leak of 11 million documents from a Panama-based law firm offers a glimpse into the shadowy world where the rich and powerful hide their money, raising sharp questions about the use of shell companies that obscure the identities of their true owners, even if they aren’t illegal by themselves.

  • Thursday, April 7th 2016 - 06:34 UTC

    BOTs reaffirm self-governance and self-determination in reply to MP Corbyn's comments

    The head of Labor Jeremy Corbyn called for UK direct rule of BOTs, following revelations from the Panama Papers

    British Overseas Territories said they hoped that the Labour Party and other parties in the UK Parliament will remain consistent in their support for the self-governance and self-determination of the people of the BOTs and their continued growth and development.

  • Wednesday, April 6th 2016 - 08:42 UTC

    Brazil's governance crisis closer to a snap election as soon as October

    Justice Marco Aurelio Mello told the lower house to convene an impeachment committee to consider putting Temer on trial

    A Supreme Court judge ordered Brazil's Congress on Tuesday to start impeachment proceedings against Vice President Michel Temer, deepening a political crisis and uncertainty over leadership of Latin America's largest country. Justice Marco Aurelio Mello told the lower house to convene an impeachment committee to consider putting Temer on trial on charges he helped manipulate budget accounting as part of President Dilma Rousseff's administration.

  • Wednesday, April 6th 2016 - 08:19 UTC

    Ex Transport Secretary involves Nestor and Cristina Kirchner in purchase of out of service trains

    Jaime gave a long list of high profile names as the spoke before Federal Judge Julián Ercolini on the operation involving second hand carriages and engines

    Discouraging week for the Kirchner family and followers, despite the fact that he name of their main political enemy, Mauricio Macri, has cropped up in the Panama Papers. Not only Lazaro Baez, the dominant public works contractor in Santa Cruz province, and believed to be a straw man for the Kirchner family has been arrested and faces questioning on a money laundering investigation, but also former Transport Secretary Ricardo Jaime implicated the Kirchner couple and a former minister in a multimillion purchase of damaged railway materials.

  • Wednesday, April 6th 2016 - 08:03 UTC

    Kirchnerite businessman arrested; faces charges of money laundering and fiscal fraud

    Lazaro Baez in the good old times with some influential friends, Nestor and Cristina Kirchner

    An Argentine powerful public works contractor from the province of Santa Cruz and close associate of the Kirchner family, Lazaro Baez was arrested on Tuesday afternoon when he arrived in his private Lear Jet to a Buenos Aires airport. Considered one of the wealthiest men in the southern province, political turf of the Kirchner family, and with an 'unrivaled' talent for business, Baez is a main suspect of an investigation into alleged money laundering.