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Montevideo, December 22nd 2024 - 06:23 UTC

Stories for May 18th 2018

  • Friday, May 18th 2018 - 09:06 UTC

    Maduro wraps up electoral campaign next to Erdogan and Maradona

    At Maduro's closing campaign in central Caracas, Maradona surprised the crowd by dancing a catchy reggaeton song while waving a Venezuelan flag

    Venezuela's diplomatically isolated president got a show of support from his Turkish counterpart Tayyip Erdogan and Argentine soccer legend Diego Maradona on Thursday ahead of a weekend election widely decried as unfair. The United States, the European Union and major Latin American countries have criticized Sunday's vote in which populist President Nicolas Maduro is likely to win re-election to a six-year term.

  • Friday, May 18th 2018 - 08:56 UTC

    UN report: Growth in global economy exceeds expectations, but increased risks could threaten economic outlook

    Global growth expected to exceed 3% for 2018 and 2019

    Growth in the world economy is surpassing expectations and global GDP is now expected to expand by more than three per cent this year and in 2019, reflecting strong growth in developed countries and broadly favourable investment conditions, a new UN report finds.

  • Friday, May 18th 2018 - 08:48 UTC

    Brazilian government anticipates lower economic growth for 2018

    President Temer's Chief of Staff Eliseu Padilha said in a teleconference that “if the analysis were done today, we would have a tendency closer to 2.5%.”

    The Brazilian government on Thursday admitted for the first time this year that economic growth in 2018 will be below the original target of 3% projected in January. The downgrade followed the release of economic indicators showing a slower than expected recovery.

  • Friday, May 18th 2018 - 08:42 UTC

    Ebola outbreak in Congo's jungle and in urban area of a 1.2m city

    DRC's Health ministry announced the finding, after laboratory tests conducted by the Institut National de Recherche Biomédicale, confirmed one specimen as positive

    One new case of Ebola virus disease (EVD) has been confirmed in Wangata, one of the three health zones of Mbandaka, a city of nearly 1.2 million people in Equateur Province in northwestern Democratic Republic of the Congo. United Nations troops are stationed in the area as part of the peacekeeping effort.

  • Friday, May 18th 2018 - 08:34 UTC

    Lula lashes out at his “farce” imprisonment; Judge strips him of presidential privileges

    Lula's jailing in April almost certainly knocks him out of the October election in which opinion polls show him to be the frontrunner.

    Brazil's ex-president Luiz Inacio Lula da Silva on Thursday lashed out against his imprisonment for corruption but the government rejected his claim to have been victim of a “farce” and a judge stripped him of presidential privileges. In a column in French newspaper Le Monde, Lula called his conviction and 12 year sentence for graft “a judicial farce” and said that presidential elections would be unfair without his participation.

  • Friday, May 18th 2018 - 08:24 UTC

    Oil hits US$ 80, its highest level since 2014; London's FTSE on new all time-high

    Higher oil prices pushed the shares of energy firms in European stock markets higher, helping London's FTSE to set a new all-time high

    Benchmark oil contract Brent North Sea hit its highest level since late 2014 on Thursday, breaching US$ 80 per barrel, with some market players predicting it could rise all the way to US$ 100. Higher oil prices, in turn, pushed the shares of energy firms in European stock markets higher, helping London's FTSE to set a new all-time high, and the Paris CAC to establish a fresh 2018 peak.

  • Friday, May 18th 2018 - 08:19 UTC

    Europe's top court rules in favor of bees banning three insecticides

    In April EU governments agreed to ban all use of three neo-nicotinoids outdoors. Seeds treated with them can still be used in greenhouses.

    The EU's top court has backed an almost complete EU-wide ban on the use of three insecticides, which studies have linked to declining bee populations. Chemicals giants Bayer and Syngenta had gone to the European Court of Justice (ECJ) hoping to get the restrictions on neo-nicotinoids overturned.

  • Friday, May 18th 2018 - 07:49 UTC

    IMF confirms support for Macri, but also with greater focus on social protection

    Rice stressed that the current situation, marked by “renewed financial market volatility” is very different than the last time Argentina went to the IMF for aid.

    The International Monetary Fund will move quickly to agree on a loan program to support Argentina but there are no details yet on what it will entail, a fund spokesman said on Thursday. However spokesperson Gerry Rice also underlined that the IMF nowadays has a greater focus on social protection, in particular towards the most vulnerable, ensuring the economy and living standards.

  • Friday, May 18th 2018 - 07:37 UTC

    Cross-party group of UK parliamentarians on two-day visit to Gibraltar

    The Parliamentarians received a detailed briefing on Brexit issues from the Deputy Chief Minister Dr Joseph Garcia, and later toured the frontier area with Spain

    A cross-party group of UK parliamentarians is in Gibraltar on a two-day working visit. The visit takes place against the backdrop of the negotiations for the United Kingdom and Gibraltar to leave the European Union, which means that it will centre on Brexit issues.

  • Friday, May 18th 2018 - 07:15 UTC

    Falklands Government reception in London on 5th June

    The reception is usually attended by UK officials, Members of Parliament, diplomats, Falkland Islands officials, friends and supporters of the Falklands.

    The Falkland Islands Government has announced that this year's reception will be taking place on June 5th at Middle Temple Hall, The Honorable Society of the Middle Temple in London.

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