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MercoPress, en Español

Montevideo, May 8th 2024 - 02:13 UTC

Stories for June 20th 2019

  • Thursday, June 20th 2019 - 09:42 UTC

    IAATO welcomes ten new members to its responsible Antarctica tourism fold

    The newest affiliates bring IAATO’s membership to 116; comprising 48 operators, five provisional operators, and 63 associate members

    The International Association of Antarctica Tour Operators (IAATO) has welcomed ten new members into the responsible tourism fold. Members welcomed Provisional Operators Cookson Adventures and Princess Cruises into the Association, while granting provisional operator Albatros Expeditions full Operator status and welcoming Across Latin America – China, Caissa Tourism Group – China, Damen Shipyards, Lamei Tours China, Mystic Cruises, Pelorus and Pro Fuels as Associate Members, at its annual meeting, held in Cape Town, South Africa.

  • Thursday, June 20th 2019 - 09:40 UTC

    Torrential rains in Uruguay forces 7.400 to abandon their homes

    Troops will continue monitoring the situation because “there are many people who do not want to leave their homes due to fear of being looted” Bayardi said.

    Torrential rains in central and southern Uruguay in the past several days have caused massive floods and forced some 7,400 people to leave their homes, according to the latest update by the country's National Emergency System.

  • Thursday, June 20th 2019 - 09:20 UTC

    Vale resumes full operations at Brucutu mine easing pressure on iron ore markets

    Vale shares were up 1.1% in early trading in Sao Paulo, touching a two-month high and outperforming the broader benchmark Bovespa index

    Brazilian miner Vale SA said on Wednesday that it will fully resume operations at its Brucutu mine within 72 hours after an appeals court overturned an earlier ruling that halted processing because of concern about the safety of a nearby dam.

  • Thursday, June 20th 2019 - 09:00 UTC

    Divided Fed says no rates changes until 2020; criticism from Trump expected

    FOMC voted 9-1 to keep the benchmark rate in a target range of 2.25% to 2.5%, where it has been since December’s controversial quarter-point increase. (Pic. Reuters)

    A divided Federal Reserve held the line on interest rates Wednesday and indicated formally that no cuts are coming in 2019. The decision came amid divisions over what is ahead and still leaves open the possibility that policy loosening could happen before the end of the year depending on how conditions unfold.

  • Thursday, June 20th 2019 - 08:50 UTC

    Brazil central bank leaves benchmark rate at 6.50%; forecasts of 5.50% by December

    Announcing its decision hours after the Fed opened the door for U.S. interest rate cuts, Copom voted unanimously to keep the Selic rate unchanged

    Brazil’s central bank held its benchmark interest rate at a record-low 6.50% on Wednesday, as expected, holding back from signalling looser policy because of doubts on economic reforms. The scenario outlined by policymakers was one of anaemic economic growth and high levels of economic slack putting downward pressure on inflation at home, plus the prospect of interest rates coming down in major developed economies.

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