MercoPress. South Atlantic News Agency
Stories for December 20th 2018
-
Thursday, December 20th 2018 - 08:59 UTC
Fed raises interest rate but lowers 2019 forecast to two hikes in 2019
The United States Federal Reserve raised its key interest rate on Wednesday for a fourth time this year but lowered its forecast to two hikes in 2019 amid the recent stock market sell-off and uncertain growth prospects.
-
Thursday, December 20th 2018 - 08:51 UTC
United States prosecutor suing Facebook for the Cambridge Analytical scandal
Washington DC's top prosecutor is suing Facebook in the first significant US move to punish the firm for its role in the Cambridge Analytica scandal.
-
Thursday, December 20th 2018 - 08:38 UTC
What’s Behind The Crash In Crude?
Oil prices crashed to new one-year lows on Tuesday, dragged down by a deepening sense of global economic gloom as well as fears of oversupply in the oil market itself.
-
Thursday, December 20th 2018 - 08:11 UTC
Earthquake rocks Chile's Easter Island, but no tsunami
An earthquake measuring 6.2 degrees on the Richter scale struck Chile's Easter Islands in the South Pacific Ocean on Wednesday, US and Chilean seismic centres reported, while an ensuing tsunami was ruled out.
-
Thursday, December 20th 2018 - 06:56 UTC
Lula has to remain in jail while Justices decide on procedural controversy
Brazil's former president Lula da Silva remained in prison on Wednesday as two Supreme Court judges issued competing orders over whether he should be released while he tries to get his graft conviction overturned.
-
Thursday, December 20th 2018 - 06:50 UTC
Malvinas veteran reminds Congress that “war was useless, let us not spoil peace”
An Argentine former naval pilot and Malvinas veteran who recently visited the Falkland Islands came out in support of Argentine ambassador in London Carlos Sersale di Cerisiano, who has been strongly criticized and summoned by his country's congress for having referred to Falklands/Malvinas government as the Islands' “top authorities”.
