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Montevideo, December 21st 2024 - 18:04 UTC

Stories for March 29th 2017

  • Wednesday, March 29th 2017 - 17:45 UTC

    Brexit: Full text of Theresa May's letter to European Council president Donald Tusk

    UK's objectives for our future partnership remain those set out in my Lancaster House speech of 17 Jan and the subsequent White Paper published on 2 February.

    Dear President Tusk
    On 23 June last year, the people of the United Kingdom voted to leave the European Union. As I have said before, that decision was no rejection of the values we share as fellow Europeans. Nor was it an attempt to do harm to the European Union or any of the remaining member states.

  • Wednesday, March 29th 2017 - 17:37 UTC

    The direction the Prime Minister is taking is “both reckless and damaging”

    If the Prime Minister is to unite the country, she must not just listen the hard line Tory ideologues on her won beaches, claimed Corbyn

    The head of UK opposition and Labour leader Jeremy Corbyn said Prime Minister Theresa May’s plans for Brexit were potentially “reckless and damaging”.

  • Wednesday, March 29th 2017 - 17:33 UTC

    “We already miss you. Thank you and good bye”

    Invoking Article 50 is not a happy occasion, said Donald Tusk

    In a press conference in Brussels, following the hand-delivered letter, EC president Donald Tusk sent a message to the UK: “We already miss you. Thank you and goodbye.”

  • Wednesday, March 29th 2017 - 17:21 UTC

    “An historic moment from which there can be no turning back”, May tells Parliament

    “This is an historic moment from which there can be no turning back. Britain is leaving the European Union”.

    Prime Minister Theresa May has kicked off the two-year process of Britain’s withdrawal from the European Union in what she said was “an historic moment from which there can be no turning back”. Minutes after a letter informing the European Council of the UK’s intention to leave, Mrs May told the House of Commons that the Government was acting on “the democratic will of the British people” expressed in last year’s referendum vote for Brexit.

  • Wednesday, March 29th 2017 - 10:46 UTC

    Falklands was awarded nine MPA contracts in five years

    The question was asked by Wes Streeting, MP for Ilford North, who visited the Falkland Islands last month in a delegation of four MPs.

    The UK Ministry of Defense has awarded nine direct contracts to locally-based businesses in the Falkland Islands over the last five years including marine services, waste management, logistics and education.Harriet Baldwin, UK Under-Secretary of State for the MoD gave the statistics in response to a question in the House of Commons by Wes Streeting, MP for Ilford North, who visited the Falkland Islands last month in a delegation of four MPs.

  • Wednesday, March 29th 2017 - 10:37 UTC

    Argentine minister confident agriculture and public works will boost the economy

    “We're witnessing an investment shock of infrastructure, as never seen before in Argentina”, emphasized Dujovne

    Argentine Finance minister Nicolas Dujovne said on Tuesday that the economy's recovery at the start of the year was based on investment and not in consumption. “It is a heterogeneous recovery, with performance in different sectors: government social expenditure was up 70% but manufacturing was down 80%, mainly because of the Brazilian recession, and domestic contraction”, admitted the minister.

  • Wednesday, March 29th 2017 - 10:25 UTC

    Argentina's economic activity up 1.1% year to year in January

    Argentina's economy grew 0.1% in the third quarter and 0.5% in the fourth quarter, emerging from a sharp recession in the first half.

    Argentina's economic activity grew in January year to year. Economic activity was 1.1% percent higher in January than twelve months before, the first year-on-year growth since last March, according to the latest release from the revamped stats office, Indec.

  • Wednesday, March 29th 2017 - 10:15 UTC

    It's official: 12.7 million Argentines live in poverty, 30.3% of the population

    At the end of 2016, a family of four needed 13.155 Pesos (approx. US$ 870) a month to purchase the Total Basic Basket to remain above poverty line

    Argentina's official poverty index in the second half of 2016 dropped to 30.3%, an estimated 12.7 million people, from 32.2% in the first half according to the country's stats office Indec. The 30.3% index includes 6.1% of indigence, which is also below the 6.3% of the first half. The drop means that 800.000 people are no longer in the poverty category index.

  • Wednesday, March 29th 2017 - 07:59 UTC

    Netherlands prepared to help with Falklands' dialogue, once UK leaves the EU

    President Macri and Dutch PM Rutte toast at the official reception for the Argentine delegation on a state visit to Holland

    Holland is prepared to contribute to the Falklands/Malvinas dialogue between Argentina and UK, once Britain has definitively left the European Union, said on Tuesday foreign minister Susana Malcorra who is part of the official delegation of president Mauricio Macri state visit to the Netherlands.

  • Wednesday, March 29th 2017 - 07:36 UTC

    Brazil ready to further cut interest rates to support economy as inflation falls

    The central bank is looking at factors like “inflation expectations and economic activity. We are open to making any decision,” said Goldfajn.

    Bigger interest rate cuts are an option for Brazil's central bank, Governor Ilan Goldfajn anticipated, signaling an emphasis on supporting the economy as inflation falls faster than expected. The central bank has lowered its benchmark rate in each of monetary policymakers' four meetings since last October, when it made the first cut in four years. The bank reduced the rate by 25 basis points in each of the first two cuts, followed by two drops of 75 basis points apiece. The rate now stands at 12.25%.

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