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MercoPress, en Español

Montevideo, November 22nd 2024 - 03:46 UTC

Stories for March 2017

  • Tuesday, March 14th 2017 - 21:28 UTC

    Is a second OPEC cut on the Cards?

    U.S. shale has been capping the upside: Brent has not breached US$58 per barrel. Analysts are now mostly predicting oil prices will remain below US$60 this year.

    OPEC's coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. But resurging U.S. shale has been capping the upside, and Brent has not breached US$58 per barrel. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year.

  • Tuesday, March 14th 2017 - 21:23 UTC

    Mexico practices direct diplomacy with the Trump family at the White House

    Videgaray met Trump's son-in-law and senior advisor Jared Kushner, along with National Security Advisor H.R. McMaster and Gary Cohn, a top financial aid

    Mexico's top diplomat was in Washington last week for meetings with the U.S. government, sidestepping the normal channels and heading straight for the White House. Mexican Foreign Secretary Luis Videgaray met at the White House with President Trump's son-in-law and senior advisor Jared Kushner, along with National Security Advisor H.R. McMaster and Gary Cohn, a top financial aid, the Mexican government announced.

  • Tuesday, March 14th 2017 - 21:08 UTC

    Death toll in girls shelter in Guatemala rises to 40; allegedly they were locked in by officials

    The 40th victim died on Sunday in hospital. Out of 22 girls admitted, 10 have died, five have been discharged, four are stable condition and two in critical condition.

    The death toll from the fire at Guatemala's Virgen de la Asunción shelter for girls in the municipality of San José Pinula has risen to 40, officials said. Four of the girls hospitalized after the fire last Wednesday were flown on an airplane ambulance to the United States for treatment at the Shriners Hospital for Children of Galveston, Texas, Saturday night.

  • Tuesday, March 14th 2017 - 12:08 UTC

    Macri administration feels the pressure from trade unions

    “One can suspect that this is linked to the fact that this is an election year,” Frigerio said. Labor issues would be resolved through negotiation rather than strikes.

    Argentine labor unions appear to be pressuring the government by holding marches and threatening strikes ahead of the country's key October mid-term elections, Interior Minister Rogelio Frigerio said Monday.

  • Tuesday, March 14th 2017 - 12:00 UTC

    Chaotic concert in Argentina leaves two dead, a dozen injured and some teen agers still missing

    Solari halted his performance several times, calling from the stage for security to help people who were stuck in the stampede and appeared to be fainting.

    Two people were killed and over a dozen were injured when spectators rushed the stage at a chaotic outdoor rock concert in Argentina. The deadly crush of fans was blamed on lack of crowd control at Saturday's event featuring popular performer Indio Solari in the town of Olavarria.

  • Tuesday, March 14th 2017 - 11:42 UTC

    Brexit bill expected to become law on Tuesday; process to begin end of March

    “Parliament has today backed the government in its determination to get on with the job of leaving the EU,” Brexit Secretary David Davis said.

    The British Parliament passed on Monday the Brexit bill, paving the way for the government to trigger Article 50 so the UK can leave the European Union. Peers backed down over the issues of EU residency rights and a meaningful vote on the final Brexit deal after their objections were overturned by MPs. The bill is expected to receive Royal Assent and become law on Tuesday.

  • Tuesday, March 14th 2017 - 06:49 UTC

    Argentina protests with Brasilia over Falklands RAF flights calling in Brazil

    Allegedly according to the report during 2016 at least six Royal Air Force flights called at Brazilian airports en route to MPA in the Falklands.

    The Argentine government reiterated on Monday its disappointment with the UK military flights linking with the Falkland Islands and calling in Brazil. “We made a complaint to Brazil regarding flights and we have also instructed our embassy in the UK”, said Malcorra speaking to the media.

  • Tuesday, March 14th 2017 - 06:36 UTC

    Scottish government plans second independence referendum in 2018/19

    The Scottish first minister said the move was needed to protect Scottish interests in the wake of the UK voting to leave the EU.

    Scotland's First Minister Nicola Sturgeon has confirmed she will ask for permission to hold a second referendum on Scottish independence, and the vote would be held between the autumn of 2018 and the spring of the following year. That would coincide with the expected conclusion of the UK's Brexit negotiations.

  • Tuesday, March 14th 2017 - 06:26 UTC

    Falklands denies any commitment to reduce oil royalty has been entered

    Luxton said “FIG does not intend to embark on negotiating fiscal policy through the media” and confirmed no commitment to reduce royalty had been entered

    The Falkland Islands government announced on Monday that it is currently in discussion with Premier Oil on a wide range of issues with the objective of progressing the Sea Lion development towards a successful project sanction.

  • Monday, March 13th 2017 - 18:52 UTC

    Airbnb raises US$ 1 billion to expand operations; company valued at US$ 30bn

    Airbnb's regulatory filing shows the online marketplace and hospitality service firm has raised an additional US$450m, taking the total amount raised to US$1.03bn.

    Airbnb has raised around US$1bn in a funding round to expand its operations, the San Francisco- based start-up revealed in a SEC filing last Thursday. The Series F funding round commenced in June 2016 and by September last year it had managed to raise about US$550m. Investors such as Alphabet's venture capital arm GV, had then purchased stake in the start-up for US$105 per share.