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Montevideo, June 3rd 2023 - 12:02 UTC

Stories for March 6th 2018

  • Tuesday, March 6th 2018 - 10:00 UTC

    Trump speaks openly of a “trade war”; links tariffs on steel and aluminum to a redrafted Nafta

     “For many years, NAFTA has been a disaster,” Trump said. “We are renegotiating NAFTA as I said I would, and if we don’t make a deal I will terminate NAFTA”

    U.S. President Donald Trump said on Monday the U.S. is not backing down on its decision to impose 25% tariffs on steel imports and 10% tariffs on imported aluminum products. Before a White House meeting with Israeli Prime Minister Benjamin Netanyahu, Trump suggested Mexico and Canada could be exempted from the planned tariffs if a new and “fair” North American Free Trade Agreement (NAFTA) is reached.

  • Tuesday, March 6th 2018 - 09:54 UTC

    Forget Berlusconi: Italy has become a major setback for the European Union

    If Berlusconi fails to cobble together a parliamentary majority, the Five Star Movement will likely have to form a coalition.

    Italy's general election on Sunday has so far resulted in a hung parliament, with the country's Euro skeptic Five Star Movement emerging as the single party with the most votes. The centre-right coalition headed by former Prime Minister Silvio Berlusconi is expected to gain between 248 and 268 seats and a 37% vote share, which is still short of a majority. Some 316 seats are needed to form a government.

  • Tuesday, March 6th 2018 - 09:46 UTC

    China increases its military budget 8.1% to US$ 175bn; regional powers “nervous”

    “Faced with profound changes in the national security environment, we must treat the Party’s goal of building a stronger armed forces for the new era,” said Li.

    China revealed on Monday that it will raise its military budget by US$ 175 billion for the 2018 fiscal year, 8.1% increase that is the largest military spending hike in three years. According to Premier Li Keqiang, the additional funding will “advance all aspects of military training and war preparedness, and firmly and resolvedly safeguard national sovereignty, security, and development interests.”

  • Tuesday, March 6th 2018 - 09:36 UTC

    Beijing anticipates 6.5% growth, steady rise in foreign trade and prudent and neutral monetary policy

    China opposes protectionism and supports the settlement of trade disputes through negotiation, but will “resolutely safeguard” its legitimate rights and interest.

    China aims to expand its economy by around 6.5% this year, the same as in 2017, while pressing ahead with its campaign to reduce risks in the financial system, Premier Li Keqiang said on Monday. The goal was kept unchanged even though the economy grew 6.9% last year and exceeded the government's target.

  • Tuesday, March 6th 2018 - 09:31 UTC

    Argentine seafood exports in 2017 totaled 475,591 tons and US$ 1,8bn

    Shrimp and squid catches contributed the most to last year's figures. However fish sales decreased in volume and in value

    Argentine seafood exports grew by almost 7% in volume and around 16% in dollar value during 2017, according to the final figures published by the Under-secretariat of Fisheries in its latest Report. Data from the Economics Department, based on information from INDEC shows that fisheries exports totaled US$ 1,978bn, a 16.4% higher compared to 2016, while the volume was up 6.9% to 475,591 tons.

  • Tuesday, March 6th 2018 - 09:22 UTC

    Falklands' calamari fishery: vessels equipped with robust seal exclusion devices

    Castelo carried out a pre-recruitment survey of Loligo and reported that the seals which had caused problems last season no longer seemed to be present (Pic

    Falkland Islands Director of National Resources, John Barton, reported that after a slow start, fishery catches were beginning to pick up: trawlers had started operating and there were only a few jiggers still to collect their licenses.

  • Tuesday, March 6th 2018 - 09:15 UTC

    Washington state phases out Atlantic salmon farming following the collapse of a marine net-pen

    Atlantic salmon sea net-pen farming has been targeted after some 263,000 invasive Atlantic salmon escaped last year when a marine net pen collapsed.

    After a lengthy debate, Washington State Legislature has passed a bill phasing out Atlantic salmon net-pen farming ban in the state waters. The approved bill would end state leases and permits for operations that grow nonnative finfish in state waters when current leases expire in 2022.

  • Tuesday, March 6th 2018 - 09:10 UTC

    Drifting jigger towed outside the Falklands' Conservation zone

    The Taiwanese jigger on fire (Pic A. Miller/PN)

    The Taiwanese jigger Hung Shun 1 which on 24 February caught fire to the north of the Falkland Islands capital Stanley, last Sunday was towed outside the Islands Conservation zone. When the incident took place last month all 58 crew members were swiftly and safely evacuated to another fishing vessel Lung Soon Fa 1, which was in the area at that time.

  • Tuesday, March 6th 2018 - 09:00 UTC

    Falklands: Public Accounts Committee reviews commodity prices

    PAC has an independent Chair and community members, though two Members of the Legislative Assembly also sit on the Committee at any point in time.

    During its last constitutional review, which concluded in 2008, the Falkland Islands established a Public Accounts Committee (PAC). This was based on such committees elsewhere in the world and has now been in operation for a number of years. It has an independent Chair and community members, though two Members of the Legislative Assembly also sit on the Committee at any point in time.

  • Tuesday, March 6th 2018 - 08:59 UTC

    UK supermarkets ban sales of energy drinks to children under 16

    Retailers will limit sale of energy drinks containing more than 150mg of caffeine per liter to under-16s.

    Sales of energy drinks to children under 16 have been banned in most major UK supermarkets, amid concerns about high levels of sugar and caffeine. Boots is also joining supermarkets such as Asda, Waitrose, Tesco and the Co-op in introducing the rule.

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