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Montevideo, November 27th 2024 - 06:31 UTC

Stories for 2018

  • Monday, June 11th 2018 - 07:28 UTC

    Argentina/Falklands “constructive spirit” will be tested at the UN C24 presentations

    Argentine president Mauricio Macri and Canadian Prime Minister Justin Trudeau during the recent meeting held in Quebec

    The constructive spirit and pragmatic attitude towards Argentina/United Kingdom relations and shared interests seems to have spilled positively to international forae, for example the latest OAS general assembly declaration regarding the Malvinas Islands, which does not mention “militarization of the South Atlantic or nuclear arms”, as was common in the Kirchner couple years, and rather keeps to the traditional annual disputed sovereignty claim under the umbrella of the United Nations.

  • Saturday, June 9th 2018 - 08:29 UTC

    Brazilian consumer prices climb 0.4% in May; impact of truckers strike and fuel prices expected in June

    Slowing inflation over the past two years has led the central bank to cut its benchmark Selic rate to a record low of 6.5% from 14.25% in October of 2016.

    Brazil's 12-month inflation accelerated in May from April amid strong fuel prices. Consumer prices rose 0.40% in the month, compared with an increase of 0.22% in April, statistics agency IBGE said on Friday. The consumer price index advanced 2.86% in May from a year earlier, up from April's 2.76% pace.

  • Friday, June 8th 2018 - 11:46 UTC

    Falklands government to focus on family-friendly legislation in 2018/19

    The Islands plan to implement updated maritime legislation over the coming year.(Pic FIG)

    In setting its legislative priorities for the next twelve months, the Falkland Islands Government has signalled an intention to focus on legislation of interest to families. The Islands are internally self-governing, with much law created locally or adapted from elsewhere in the world. The program for the next year was published this week alongside their fiscal budget for the year.

  • Friday, June 8th 2018 - 08:35 UTC

    Temer denies any risk of a currency crisis; Central bank pledges “all the necessary liquidity”

    Investor confidence in Temer's government was shaken after it was forced to reinstate costly fuel subsidies following a strike by truckers

    Brazilian President Michel Temer said on Thursday there was no risk of a currency crisis in Latin America's largest economy despite sharp falls in the exchange rate, while the central bank chief pledged to maintain the bank's intervention in the market.

  • Friday, June 8th 2018 - 08:28 UTC

    China plans temporary anti-dumping measures on Brazilian broilers

    Brazil accounted for more than 50% of broiler products supplied to China, world’s No. 2 poultry consumer, between 2013 and 2016, the commerce ministry said

    China will impose temporary anti-dumping measures on Brazilian broiler chickens from June 9, the commerce ministry said on Friday, after finding in a preliminary ruling that its domestic industry has been substantially damaged by the imports. Local firms buying Brazilian chicken will be required to pay deposits ranging from 18.8% to 38.4% of the value of their shipments, the ministry said in a statement. The measures cover products supplied by top Brazilian exporters JBS and BRF.

  • Friday, June 8th 2018 - 08:25 UTC

    Brazil launches massive package of soft loans for agriculture, US$ 51.13bn

    The loans and credit lines will be accessible to producers starting July 1 and through June 30, 2019, Maggi said

    Brazil announced on Wednesday evening that it has earmarked up to 194.3 billion Reais or US$ 51.13bn in loans to promote large and medium-sized agricultural producers. At a ceremony in the capital Brasilia, President Michel Temer and his Agriculture Minister Blairo Maggi unveiled the government's “2018-19 Agriculture and Cattle Ranching Program”, which devotes slightly more resources to the sector than last year's 190.25 billion Reais (US$ 50.06 billion).

  • Friday, June 8th 2018 - 08:18 UTC

    Friend of the Sea remembers “ship strikes” between vessels and cetaceans remain unnoticed and unreported

    The day the world celebrates marine life, collisions between vessels and cetaceans – commonly known as ship strikes – are still unnoticed and unreported.

    On occasion of the World Oceans Day, international NGO Friend of the Sea calls both the shipping industry and consumers to take actions to prevent ship strikes

  • Friday, June 8th 2018 - 07:30 UTC

    IMF and Argentina agree on a 36-month US$ 50bn Stand-By Arrangement

    Christine Lagarde said the plan is owned and designed by the Argentine government, aimed at strengthening the economy for the benefit of all Argentines

    The Argentine authorities and IMF staff have reached an agreement on a 36-month Stand-By Arrangement (SBA) amounting to US$50 billion (equivalent to about SDR 35.379 billion or about 1,110% of Argentina’s quota in the IMF). This staff-level agreement will be subject to approval by the IMF’s Executive Board, which will consider Argentina’s economic plan in the coming days.

  • Friday, June 8th 2018 - 07:25 UTC

    2018 World Oceans Day theme: “Clean our Ocean!”

    Each year on the evening of World Oceans Day, the  Empire State Building is lit in blue to honor the world’s oceans.

    The United Nations celebrates World Oceans Day every year on June 8. As part of the celebrations, the Office of Legal Affairs, Division for Ocean Affairs and the Law of the Sea organizes several events and hosts a reception at United Nations Headquarters in New York City, where the Secretary-General’s Annual World Oceans Day Message is delivered and the winners of the Annual World Oceans Day Oceanic Photo Competition are announced.

  • Friday, June 8th 2018 - 07:13 UTC

    Boris Johnson anticipates Brexit “meltdown” and admits to admiring Trump...and his methods

    The UK foreign secretary also referred to the Treasury as the “heart of Remain”, according to a report by Buzzfeed.

    Boris Johnson reportedly warned there may be a Brexit “meltdown” in comments made at a private dinner this week. The UK foreign secretary also referred to the Treasury as the “heart of Remain”, according to a report by Buzzfeed.