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MercoPress, en Español

Montevideo, November 28th 2024 - 02:43 UTC

Stories for 2018

  • Wednesday, May 2nd 2018 - 20:45 UTC

    Fed leaves rates unchanged, confirms inflation near 2% target; hike expected at June meeting

    Jerome H. Powell chaired the Federal Open Market Committee, which voted unanimously the policy action. Next meeting in June 12/13

    The Federal Reserve on Wednesday left its benchmark interest rate unchanged, confirmed that inflation is near its 2% target, and strangely enough did not mention a word about the looming international trade confrontation. The central bank after a two-day meeting said inflation over the next 12 months should “run near” the 2% target, updating its language from March that indicated inflation would “move up” towards that level.

  • Wednesday, May 2nd 2018 - 08:36 UTC

    No peace for PM May: Brexiteer MPs deliver an ultimatum on customs union

    Allegedly chancellor Philip Hammond favors a customs partnership whereby UK n collects the EU's tariffs on goods coming from other countries on the EU's behalf

    Senior Brexiteer MPs have delivered an “ultimatum” demanding Prime Minister Theresa May drops one of the government's preferred post-Brexit customs options. A 30-page document passed to the BBC says a “customs partnership” would make meaningful trade deals “impossible” and render the International Trade Department “obsolete”.

  • Wednesday, May 2nd 2018 - 08:31 UTC

    Petrobras increases offshore production: plans an extra million bpd output next year

    The seven new platforms would allow Petrobras, whose output has declined this year, to add up to 500,000 barrels per day of new oil production next year

    Brazil’s state-controlled Petrobras expects oil production to start by the end of June at its Tartaruga Verde e Mestica offshore platform, the second of seven facilities planned to be installed this year, a company executive said on Monday.

  • Wednesday, May 2nd 2018 - 08:25 UTC

    UK agrees on new measures to increase transparency in offshore havens

    Campaigners say public registers make it easier to uncover corruption, money laundering and tax dodging. The move was backed by both Labour and Tory MPs.

    The British government has agreed to calls for new measures aimed at increasing transparency in offshore tax havens. Facing a possible Commons defeat, ministers said they would not oppose an amendment to force British overseas territories to publish details of the true owners of companies based there.

  • Wednesday, May 2nd 2018 - 08:18 UTC

    Trump's 2015 “Super” health report was dictated by the president, claims doctor

    Mr Bornstein also said that government officials had carried out a “raid” on his offices in February 2017, removing all of Mr. Trump's medical records

    Donald Trump's former doctor has said he did not write a 2015 letter declaring the then-Republican presidential candidate's “astonishingly excellent” health, US media report. “[Trump] dictated that whole letter,” Harold Bornstein told CNN on Tuesday.

  • Wednesday, May 2nd 2018 - 08:13 UTC

    UK-US launch Antarctica research program to predict sea-level rise

    The mission will deploy teams of researchers, using a suite of technologies to investigate changes on the ice and in the ocean.

    A new UK-U.S. Antarctic research program to improve the prediction of future sea-level rise was launched on Monday at British Antarctic Survey (BAS), Cambridge. The £20 million 5-year research collaboration, funded jointly by the UK Natural Environment Research Council (NERC) and the U.S. National Science Foundation (NSF), brings together over 100 polar scientists from leading UK and U.S. research organizations.

  • Wednesday, May 2nd 2018 - 08:08 UTC

    Towering inferno in Sao Paulo: 24-storey building collapses after huge blaze

    Firefighters work to extinguish the fire in a 24-storey building used by squatters that later collapsed in Sao Paulo, Brazil, the largest city in Latin America

    A 24-storey building used by squatters in the center of Sao Paulo, Brazil's biggest city, collapsed early Tuesday after a blaze that tore through the structure, leaving at least three missing. Survivors described waking in the night to find themselves surrounded by flames and escaping with their children before the tower turned to rubble.

  • Tuesday, May 1st 2018 - 10:30 UTC

    Brexit: EU feels there is “a real risk” no agreement can be reached with UK

    Barnier and Taoiseach Varadkar heaped further pressure on Britain to offer more detailed solutions to progress talks ahead of the next summit of EU leaders in June.

    The EU’s chief Brexit negotiator Michel Barnier has said that there is “a real risk” that no agreement will be reached with the UK in talks on its withdrawal from the political bloc. Speaking on a visit to the Border area of Ireland, Mr Barnier said that the EU was preparing for all options, including the possibility that Brussels and London cannot reach a deal on the UK’s departure in March 2019.

  • Tuesday, May 1st 2018 - 10:29 UTC

    European signatories reaffirm support for Iran deal, despite Trump saying Teheran is lying

    UK, France and Germany - reaffirmed their backing for the deal, as US president Donald Trump continues to threatens to walk away from the agreement.

    The UK has backed a “vitally important” nuclear deal with Iran, despite accusations from the US and Israel that Iranians are pursuing atomic weapons. Israeli PM Benjamin Netanyahu claims thousands of “secret nuclear files” proved Iran covertly sought nuclear weapons - an accusation Iran rejects.

  • Tuesday, May 1st 2018 - 10:24 UTC

    Falklands annual Safeguarding Report calls for Islands to be “Model of Best Practice”

    The annual report, and much of the work undertaken by the Safeguarding Board, focuses on children as those wider issues are dealt with separately. (Pic Penguin News)

    Last week the Falkland Islands Government published their annual report on safeguarding and child protection issues in the Islands. The Government is obliged legally to publish an annual report on such matters, a requirement brought into law in 2014 after a number of historic issues were discovered and investigated in recent years. This document looks to summarize activities in this field over the past year and does not provide any details on individual cases.