MercoPress. South Atlantic News Agency
Stories for May 5th 2018
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Saturday, May 5th 2018 - 09:15 UTC
When Will Electric Cars Take Over The Roads?
The age of the electric vehicle (EV) will be here sooner than you think.
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Saturday, May 5th 2018 - 09:08 UTC
Trump said date and location for meeting with Kim Jong Un has been set
President Donald Trump on Friday said the date and location have been set for a meeting with North Korean leader Kim Jong Un, building suspense for the unprecedented talks, as South Korea said it would oppose a withdrawal of U.S. troops from the area.
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Saturday, May 5th 2018 - 09:05 UTC
Brazilian recovery stalls as industrial output falls 0.1% in March
Industrial output in Brazil contracted unexpectedly in March, the latest in a string of weak data suggesting a recovery in Latin America's largest economy hit a bump in the first quarter. Production fell 0.1% from February, government statistics agency IBGE announced.
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Saturday, May 5th 2018 - 08:58 UTC
Beijing triggers Marx controversy in Germany with statue donation to his home town of Trier
Chinese gift of a statue of Karl Marx is dividing Germans, as his home town of Trier prepares to unveil it 200 years after his birth. Marx co-wrote the Communist Manifesto, which said that all human history had been based on class struggle. His work remains controversial in Europe but is presented by China as central to its way of governing.
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Saturday, May 5th 2018 - 08:50 UTC
Labour party faces “unmitigated disaster” and demands a “proper post-mortem”
Jeremy Corbyn is facing a Labour backlash over his party’s “unmitigated disaster” at the polls, which prompted Theresa May to taunt his failure to make an electoral breakthrough. As the dust settled Labor’s Chukka Umunna called for his party’s ruling National Executive to set up a “proper post-mortem,” warning the results could not give it confidence it would win the next General Election.
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Saturday, May 5th 2018 - 08:26 UTC
England local elections: May relieved, Corbyn questioned and Lib-Dem surging
Britain’s two main parties emerged from May 3 local elections in England in a draw, with Labor making gains but failing to capture target councils from the Conservatives. Ukip (Independent party) was almost wiped out, losing all but three of its 126 seats, but the Liberal Democrats had a good night, gaining 75 seats and winning control of four more councils.
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Saturday, May 5th 2018 - 07:24 UTC
Argentina hikes benchmark rate to 40%, easing pressure on the Peso but not on inflation
Argentina's Central Bank on Friday hiked its benchmark interest rate to 40% to support the peso, the third such hike in just over a week and one day after the currency plunged in value. Following the decision, the peso -- which has lost more than 10% of its value in the past month -- opened 6% higher against the dollar.
