MercoPress. South Atlantic News Agency
Stories for December 13th 2018
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Thursday, December 13th 2018 - 07:07 UTC
Spain's minimum wage will increase by 22% in 2019, announces PM Sanchez
Spain's minimum wage will jump by 22% in 2019 - the largest annual increase in more than 40 years. It means millions of low-paid workers could see a pay rise from €736 ($835; £665) to €900, effective from January. Prime Minister Pedro Sanchez announced the increase on Wednesday, declaring “a rich country cannot have poor workers”.
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Thursday, December 13th 2018 - 06:57 UTC
Brazilian central bank keeps interest rates at an all time low
The Brazilian central bank on Wednesday held interest rates at an all-time low, as widely expected, and hinted that it will hold off from raising them for longer than expected. The bank’s nine-member monetary policy committee, Copom, kept the benchmark Selic rate at 6.50 percent for a sixth straight meeting.
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Thursday, December 13th 2018 - 06:36 UTC
Pyrrhic victory for Theresa May: 37% of Tories voted against her; Brexit gridlock in parliament remains
Prime Minister Theresa May has won a vote of confidence in her leadership of the Conservative Party by 200 to 117. After securing 63% of the total vote, she is now immune from a leadership challenge for a year. Speaking in Downing Street, she vowed to deliver the Brexit “people voted for” but said she had listened to the concerns of MPs who voted against her.
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Thursday, December 13th 2018 - 06:22 UTC
Falklands goes ahead with negotiations and contract for second commercial flight
The Executive Council has today Wednesday authorised the Chief Executive of the Falkland Islands Government to complete the necessary negotiations with LATAM Airlines Brazil and to finalise a contract, subject to agreement with MLAs, to establish and operate a new weekly route between Sao Paulo and the Falkland Islands.
