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Montevideo, March 29th 2024 - 15:32 UTC

Stories for 2018

  • Thursday, August 23rd 2018 - 08:21 UTC

    Despite trade talks, US and China will impose fresh tariffs beginning Thursday

    Tariffs come into effect as officials meet for talks in Washington. They are due to wrap up two days of negotiations on Thursday, but few hope for a breakthrough.

    United States and China are expected to impose fresh tariffs on US$ 16bn of each other's goods on Thursday as their tit-for-tat trade war rages on. The second round of tariffs will see a total of US$ 50bn worth of goods from each side that will now be taxed. Since the opening salvo in July, tensions between the world's two largest economies have escalated, hurting their companies and economies.

  • Thursday, August 23rd 2018 - 08:05 UTC

    Argentina rolling over short term debt into longer duration Treasury notes

    Treasury said it seeks to direct investors away from shorter-term central bank debt and into longer duration instruments

    Argentina sold US$2.1 billion in three and six-month treasury notes, the Treasury Ministry said on Wednesday, as it seeks to direct investors away from shorter-term central bank debt and into longer duration instruments. The amount sold represented more than double the US$ 1 billion in dollar-denominated treasury notes that mature on Friday.

  • Thursday, August 23rd 2018 - 06:44 UTC

    FIFA taking temporary control of the Uruguayan Football Association

    AUF was plunged into crisis on July 30, when the association’s president Wilmar Valdez abruptly resigned a day before he was expected to win a new term in office

    World football’s governing body FIFA is taking temporary control of the Uruguayan Football Association (AUF) due to governance concerns. FIFA, acting on information from Conmebol, South America's football association confederation announced it will set up a “normalization committee” to run the AUF until Feb. 28 of next year.

  • Wednesday, August 22nd 2018 - 09:00 UTC

    Venezuelan businesses shut down shops to protest last monetary measures

    As a currency devaluation and package of economic measures went into effect, the opposition asked storekeepers to shut up shop in protest

    Venezuela's streets were quieter than normal on Tuesday, as a currency devaluation and package of economic measures by populist president Nicolas Maduro went into effect, and the opposition asked storekeepers to shut up shop in protest. Venezuela on Monday cut five zeros from prices and pegged the country’s currency to an obscure state-backed cryptocurrency, as part of a broad set of measures meant to address hyperinflation and an economic crisis.

  • Wednesday, August 22nd 2018 - 08:59 UTC

    Jeremy Corbyn’s blunder may be the straw that breaks the camel’s back

    A photograph in the Daily Mail showed the Labour leader laying a wreath in a cemetery in Tunisia four years ago

    It sounds like a tempest in a teapot, but it could bring down Jeremy Corbyn, the leader of Britain’s Labour Party — and that could end up meaning that Britain doesn’t leave the European Union after all.

  • Wednesday, August 22nd 2018 - 08:49 UTC

    Oil price war to begin: Saudi Arabia and Iran reignites the market

    Iran has slashed its official selling prices (OSPs) for all grades to all markets for September, looking to monetize what could be its last oil sales to some markets

    The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil.

  • Wednesday, August 22nd 2018 - 08:40 UTC

    Brazil's Real plunges past four to the US dollar, first time since March 2016

    The Real weakened past four to the U.S. dollar, as investors fretted over the country's latest election polls. The benchmark Bovespa stock index slipped 1.5%

    Most emerging market currencies worldwide rallied on Tuesday after U.S. President Donald Trump criticized the head of the Federal Reserve for raising interest rates, while Brazil's Real fell to its lowest in more than two years on political concerns.

  • Wednesday, August 22nd 2018 - 08:38 UTC

    Measles cases hit record high in the European Region

    Seven countries have seen over 1000 infections in children and adults this year: France, Georgia, Greece, Italy, the Russian Federation, Serbia and Ukraine

    Over 41 000 children and adults in the WHO European Region have been infected with measles in the first 6 months of 2018. The total number for this period far exceeds the 12-month totals reported for every other year this decade.

  • Wednesday, August 22nd 2018 - 08:30 UTC

    Patagonian toothfish sampling project in Argentina/Uruguay Common Fishing Zone

    A special pistol imported from Australia will be used to mark specimens of Patagonian toothfish, and thus follow their migratory movements

    A genetic exploration and sampling project of the Patagonian toothfish in the Argentine-Uruguayan Common Fishing Zone (ZCPAU).has been launched. The project, developed by the company Argenova with its longliner Argenova XIV is being done with the participation of scientists from Argentina's National Institue of Fisheries Research and Development (INIDEP) and with the Estremar company.

  • Wednesday, August 22nd 2018 - 06:59 UTC

    OAS Observation Mission Visits Brazil ahead of October elections

    Chief of Mission, ex Costa Rica president Laura Chinchilla is scheduled to meet with Brazilian head of state Michel Temer in Planalto Palace

    The Chief of the Electoral Observation Mission of the Organization of American States (EOM/OAS) to the October 7 general elections in Brazil, the former President of Costa Rica Laura Chinchilla, arrived in Brasilia to learn about the advances made in the organization of the election. This is the first time that the OAS has observed an electoral process in Brazil.