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Montevideo, November 21st 2024 - 19:53 UTC

Stories for June 2017

  • Thursday, June 8th 2017 - 07:02 UTC

    Santander rescues Banco Popular, which was “failing or likely to fail”

    Buying Banco Popular will cost Santander 7bn euros, around 2bn euros more than analysts had expected.

    Spanish Banco Popular has been rescued from the brink of collapse by larger rival Santander for one Euro. Buying Banco Popular will cost Santander 7bn euros, around 2bn euros more than analysts had expected. Banco Popular was described by the European Central Bank as “failing or likely to fail” due to its dwindling cash reserves.The bank has struggled after billions in property investments turned sour.

  • Thursday, June 8th 2017 - 06:46 UTC

    German nuclear energy utilities victory: top court declares tax on fuel rods illegal

    The Constitutional Court ruled the tax was “unconstitutional and void”. Between 2011 and 2016, nuclear power operators made payments of more than 6bn euros (Pic Reuters)

    Germany's energy utilities look set to receive refunds of billions of euros after the government's tax on their use of nuclear fuel rods was declared illegal by the country's top court. Between 2011 and 2016, nuclear power operators made payments of more than 6bn euros to the government. The Constitutional Court has ruled the tax was “unconstitutional and void”.

  • Thursday, June 8th 2017 - 06:11 UTC

    Thursday night UK will know the winner of the general election

    Some votes have already been cast, through postal voting, which accounted for 16.4% of the total electorate at the 2015 general election.

    Millions of people will be casting their vote in the UK general election later. Polls open at 07:00 BST at more than 40,000 polling stations across the country, with counting starting once voting ends at 22:00 BST. A total of 650 Westminster MPs will be elected, with about 46.9 million people registered to vote. That is up from the last general election, in 2015, when there were 46.4 million registered voters.

  • Wednesday, June 7th 2017 - 09:24 UTC

    Barriers in London central bridges; cyclists protest width of lanes

    London Cycling Campaign said it was fully supportive of Met, TfL and boroughs involved taking urgent steps to provide extra protection for Londoners and visitors (Pic Reuters)

    Barriers have been installed on three central London bridges following the latest terror attack to hit the British capital. The structures have been introduced to stop traffic from mounting the pavement on Westminster, Lambeth and Waterloo bridges.

  • Wednesday, June 7th 2017 - 09:19 UTC

    Falklands government welcomes Red Cross team to begin humanitarian work

    Mr. Corbaz arrived at the Falkland Islands on Saturday 3rd June 2017, and together with his team are expected to begin preparation work immediately. (Pic AP)

    The Falkland Islands government, FIG, has extended its welcome to Laurent Corbaz, head of the International Committee of the Red Cross, ICRC, project to identify the remains of the unknown Argentine soldiers buried at the Darwin Cemetery.

  • Wednesday, June 7th 2017 - 08:58 UTC

    FAO meets in Oslo to discuss agreement on ports and IUU fishing

    Designed to prevent fishing vessels from landing IUU catches, PSMA is part of a global effort to safeguard global marine natural resources, Graziano da Silva said.

    The Agreement on Port State Measures (PSMA) to Prevent, Deter and Eliminate Illegal, Unreported and Unregulated (IUU) Fishing, an international treaty aimed at stopping rogue fishing practices, gives the world “all the instruments necessary to achieve our goal,” FAO Director-General Jose Graziano da Silva said.

  • Wednesday, June 7th 2017 - 08:27 UTC

    Argentina and UK agree to implement the trade and investment March MoU

    Ambassador Sersale di Cerisano, minister Greg Hands and Production minister Francisco Cabrera at the Embassy in London

    Argentina and UK agreed to begin implementing in August/September the trade and investment chapters included in the in Memorandum of Understanding signed last March in Buenos Aires. Argentine Production minister Francisco Cabrera is currently in London for a round of business talks with the private sector but also met Trade and Investment minister Greg Hands to continue advancing with the MoU.

  • Wednesday, June 7th 2017 - 07:18 UTC

    Brazilian meat packer Minerva buys JBS plants in Mercosur member countries

    JBS said in a Tuesday securities filing that it sold meat processing plants in the three countries for US$300 million to Minerva in Sao Paulo state.

    The Brazilian meatpacking giant JBS says it has sold its units Mercosur members, Argentina, Paraguay and Uruguay to companies controlled by a rival meat processing company in Brazil. JBS said in a Tuesday securities filing that it sold meat processing plants in the three countries for US$300 million to Minerva in Sao Paulo state.

  • Wednesday, June 7th 2017 - 07:07 UTC

    US Navy received its most powerful aircraft carrier ever: US$ 12,9 billion

    USS Gerald Ford is nearly 1,100 feet long with an expanded flight deck width of 256 feet, allowing it to hold more than 75 aircraft at a time.

    The United States Navy received the most powerful addition yet to its fleet of aircraft super carriers Thursday, the USS Gerald R. Ford. After 12 years of construction and US$12.9 billion, the new carrier was delivered to the Navy from Newport Shpbuilding.

  • Wednesday, June 7th 2017 - 06:38 UTC

    UK election: only half of under 30 certain to vote on Thursday, shows poll

    The National Centre for Social Research, an independent research group, found that 53% of Britons under the age of 30 were certain to vote.

    Only half of Britons under the age of 30 say they are certain to vote in Thursday’s election, according to a survey that casts doubt on Labour leader Jeremy Corbyn’s strategy of energizing non-voters. According to the Financial Times, the youth vote has been a source of uncertainty in opinion polls, some of which imply turnout among young people of up to 80% on Thursday — nearly double the levels seen in previous elections.