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Montevideo, November 26th 2024 - 06:56 UTC

Stories for 2018

  • Friday, August 3rd 2018 - 09:53 UTC

    British Armed Forces face consultation review of the Troubles

    Sir Nick said serving and former service personnel should face action for “genuine” wrongdoing, but groundless cases “will not happen on my watch”

    The new head of the armed forces says he will not allow British soldiers to be “chased” by people making “vexatious claims” about their conduct in the Troubles in Northern Ireland. Chief of the Defense Staff General Sir Nick Carter told the BBC serving and former service personnel should face action for “genuine” wrongdoing, but he vowed groundless cases “will not happen on my watch”.

  • Friday, August 3rd 2018 - 09:44 UTC

    Apple becomes the first company to hit a market cap of US$ 1 trillion

    Apple reached the trillion-dollar milestone just before noon, with share price of US$ 207.05, based on a recently adjusted outstanding share count of 4,829,926,000

    Apple hit a market cap of US$1 trillion on Thursday — and hung onto the record valuation at market close — as the iPhone maker became the first publicly traded U.S. company to reach US$1 trillion.

  • Friday, August 3rd 2018 - 09:38 UTC

    Colombia's kingmaker withdraws his Senate resignation letter

    Uribe, 66,(R) is a mentor of incoming President Ivan Duque (L), who won the June 17 election as the candidate for Uribe’s right-wing Democratic Center party.

    Former Colombian President Alvaro Uribe, accused of witness tampering and bribery, asked the Senate to ignore his resignation letter so that his case remains with the Supreme Court. Uribe, who was in office from 2002 to 2010 and mounted a military offensive against Marxist guerrillas, said on Monday he would resign his seat in the Senate to concentrate on his defense after the Supreme Court called on him to testify.

  • Friday, August 3rd 2018 - 09:32 UTC

    Brazil central bank keeps interest rates at an all-time low

    Brazil's central bank kept interest rates at an all-time low on Wednesday and downplayed a recent spike in inflation, suggesting no rate hikes in the immediate future. The effect of a nationwide truckers' strike on prices is likely to fade but will probably further slow a recovery in Latin America's top economy, the bank said, underscoring the outsized impact of the late-May protests.

  • Friday, August 3rd 2018 - 09:27 UTC

    Bank of England rate hike, but “policy needs to walk not run”, says Carney

    Carney said Brexit negotiations “are entering a critical period.” BoE forecasts are based on the assumption of “a relatively smooth transition” out of the EU

    The Bank of England announced a rate hike despite ongoing uncertainty over the future of the U.K. economy. The Monetary Policy Committee voted unanimously for an increase in rates from 0.5 to 0.75% on the back of a strong labor market and credit growth.

  • Friday, August 3rd 2018 - 07:48 UTC

    Falklands contrasting opinions on the Sao Paulo air link consequences

    The Falkland Islands government preferred choice for a second commercial flight to the South American continent has met with contrasting opinions as to the practical and potential future consequences of the Sao Paulo destination.This was clearly expressed in the Letters chapter of the Penguin News. One of them comes from the FI Chamber of Commerce, and the second from the main importer of fresh produce to the Islands.

  • Friday, August 3rd 2018 - 07:24 UTC

    Falklands: Sao Paulo as second commercial flight draws strong local response

    Representatives from the tourism industry applauded the “significant milestone”

    The Falkland Island Government’s announcement of their preferred option for a second commercial flight between the Falklands and South America has been met with both applause and outrage, reports the latest edition of the Islands' weekly, Penguin News.

  • Thursday, August 2nd 2018 - 08:21 UTC

    Winner of Math's' Nobel enjoys gold medal for fifty minutes, in crime-ridden Rio

    Caucher Birkar, a Kurdish refugee turned Cambridge University math professor, was among four winners of the prestigious Fields Medal in Rio de Janeiro

    One of the winners of the award known as the Nobel Prize for mathematics had his gold medal stolen minutes after it was given to him. Caucher Birkar, a Kurdish refugee turned Cambridge University math professor, was among four winners of the prestigious Fields Medal on Wednesday in Rio de Janeiro.

  • Thursday, August 2nd 2018 - 08:04 UTC

    Power outages in Venezuela turn once rich cities into ghost towns

    In the past, Zulians considered themselves living in a “Venezuelan Texas”, rich from oil and with an identity proudly distinct from the rest of the country

    The state of Zulia, the historic heart of Venezuela’s energy industry that was for decades known for opulent oil wealth, has been plunged into darkness for several hours a day since March, sometimes leaving its 3.7 million residents with no electricity for up to 24 hours.

  • Thursday, August 2nd 2018 - 07:35 UTC

    Santos convinced that Maduro's days in Venezuela are numbered, “in the near future”

    “A country with the level of inflation that Venezuela has... that regime has to fall”, Santos said of Maduro's future

    Nicolas Maduro's days as president of crisis-ravaged Venezuela are numbered, his outgoing Colombian counterpart Juan Manuel Santos told the French government news agency.“I can see it happening in the near future,” said Santos, pointing to the International Monetary Fund's latest projection that Venezuela's inflation will hit one million percent this year.