Stories for July 27th 2017

Thursday, July 27th 2017 - 16:58 UTC
Argentina and Uruguay plan to make a joint bid to host the 2030 World Cup

Argentina and Uruguay are going ahead with plans to make a joint bid to host the 2030 World Cup despite expected competition from China and others .The South American neighbors are counting on sentimental support with Uruguay hosting the first World Cup in 1930.
Thursday, July 27th 2017 - 16:41 UTC
Trump's economic advisor Gary Cohn considered as possible next Fed chair

United States President Donald Trump named two possible candidates to run the Federal Reserve over the next few years: current Fed Chair Janet Yellen and Trump's economic adviser Gary Cohn, according to an interview with The Wall Street Journal.
Thursday, July 27th 2017 - 16:34 UTC
Fed leaves rate unchanged but will begin selling assets “relatively soon”

Leaders of the U.S. central bank said Wednesday that they were holding their benchmark lending rate at a low level — in a range between 1 and 1.25% — for the time being. Federal Reserve officials said in a report issued after their two-day policy meeting that the world's largest economy was growing at a “moderate” pace and the job market was improving, but that inflation remained a bit low.
Thursday, July 27th 2017 - 15:53 UTC
Falklands' issues Crown coin on 35th anniversary of Liberation Day

The government and Treasury of the Falkland Islands have issued (11th July) a new crown coin which remembers the 35th anniversary of the day the Islands were officially and wholly liberated from invading Argentine military forces.
Thursday, July 27th 2017 - 14:54 UTC
Brazil central bank lowers basic rate to 9.25%; expected to reach 8% by end of 2017

Brazil's central bank cut interest rates below 10% for the first time in nearly four years on Wednesday, keeping a fast pace of monetary easing as plunging inflation gave it leeway to aid an incipient recovery.The bank's nine-member monetary policy committee, known as Copom, cut its benchmark Selic rate by 100 basis points for the third straight time to 9.25%.
Thursday, July 27th 2017 - 11:40 UTC
British forces commanders oppose any ban on transgender serving in the military

Commanders from British armed forces have opposed any ban on transgender people serving in the military. It comes after Donald Trump said that transgender people would not be allowed in the US military due to “tremendous” medical costs and disruption.
Thursday, July 27th 2017 - 10:29 UTC
UK expands 0.3% in second quarter, but it is a “notable slowdown” from last year

United Kingdom economic growth edged slightly higher in the three months to June, as a stronger service sector offset weaker manufacturing and construction. The Office for National Statistics (ONS) said the economy expanded by 0.3% in the quarter, up from 0.2% in the previous three months, but added there had been a “notable slowdown” from last year.
Thursday, July 27th 2017 - 10:13 UTC
ARA Libertad docks in Southampton: Open Day on Friday and Saturday

Argentina´s navy frigate and tall ship ARA Libertad dropped anchor in Southampton on Wednesday as part of 46th midshipman promotion world tour which left Buenos Aires last March. Ambassador Carlos Sersale di Cerisano received the flagship of the Argentine Navy, while the whole operation was transmitted live from the embassy in London.
Thursday, July 27th 2017 - 10:06 UTC
Rajoy questioned on corruption: first time a Spanish serving prime minister appears in court

Spanish Prime Minister Mariano Rajoy has told the country’s National Court he did not know anything about the ruling Partido Popular’s accounting practices when a corrupt scheme allegedly helped fund it. Wednesday’s highly-anticipated hearing was the first time that a prime minister has appeared in court while holding office since Spain transitioned to democracy four decades ago.
Thursday, July 27th 2017 - 09:49 UTC
Falklands' lawmaker Michael Poole will study for an MSc at the London School of Economics.

A member of the Legislative Assembly has been named as the Falkland Islands’ latest Chevening scholar. Michael Poole MLA will head to the London School of Economics (LSE) to study for an MSc in Public Policy & Administration after the current Assembly completes its term in late September.