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Montevideo, June 21st 2026 - 18:05 UTC

International

  • Thursday, May 31st 2018 - 08:12 UTC

    Fed proposes simplifying trading rules for foreign banks and funds

    The Fed alongside other U.S. regulators, proposed rewriting the “Volcker Rule” introduced following the 2007-09 financial crisis

    Foreign banks and funds are set to benefit from a move by U.S. regulators to simplify a trading rule that foreign banks and regulators say has inadvertently complicated firms operating as far afield as Europe and Asia. The Federal Reserve, alongside other U.S. regulators, on Wednesday proposed rewriting the “Volcker Rule” introduced following the 2007-2009 financial crisis in a bid to simplify the regulation and make it easier for banks to comply.

  • Thursday, May 31st 2018 - 07:47 UTC

    Argentine forensic team identify remains of another combatant buried in the Falklands

    “The case of Sergeant Cisnero is the first confirmed since the historic trip of the next of kin to the Islands last March”, said a release from the Human Rights Office

    The remains of yet another Argentine combatant fallen during the Falklands conflict in 1982, and buried at the Argentine military cemetery in Darwin, have been identified bringing the number to 91, out of a total of 121 only a year ago.

  • Thursday, May 31st 2018 - 06:28 UTC

    We have neglected Latin America's realms of gold for too long - Brexit can change that

    Boris Johnson: If we get it right, the opportunities are vast

    By Boris Johnson (*) The Foreign Secretary writes in the Telegraph about his recent trip to Latin America, and the unique opportunities the region presents for the UK. Much have I travelled in the realms of gold, and many goodly states and kingdoms seen – 67, to be exact, since I have been Foreign Secretary.

  • Wednesday, May 30th 2018 - 09:26 UTC

    Global markets and the Euro his hard by the Italian political stalemate

    Italy plunged into crisis when President Sergio Mattarella vetoed the nomination of a fierce euro skeptic as economy minister

    Asian equities and the euro sank Wednesday as turmoil in Italy sparked a frantic dash for safety, while investors have also been spooked by fresh worries about the China-US trade row. Global markets have been sent into a tailspin as a political crisis unfolding in Rome has thrust the stability of the Euro zone and European Union back on to the agenda.

  • Wednesday, May 30th 2018 - 09:18 UTC

    Italian lawmakers demand EU budget commissioner be forced out of office

    EU commissioner Oettinger said here had been a “noticeable downturn” in government bonds, banks' market values and in Italy's economy in general”

    Senior Italian politicians on Tuesday called for EU budget commissioner Gunther Oettinger to resign over an “absurd” comment in which he voiced the hope that the country's poor economic situation will keep populist parties out of government.

  • Wednesday, May 30th 2018 - 09:13 UTC

    EU facing an existential crisis, argues billionaire George Soros

    Addressing the European Council on Foreign Affairs, a think tank he helped found, Soros said: “Divorce will be a long process, taking more than five years”.

    Anti-Brexit billionaire George Soros has urged the EU to “transform itself into an association that countries like Britain would want to join”. Soros said in a speech that Brexit was an “immensely damaging process” for both sides that would “probably” take more than five years to sort out. He warned the EU was “facing an existential crisis” on several fronts.

  • Wednesday, May 30th 2018 - 09:07 UTC

    Chelsea owner Abramovich granted Israeli citizenship

    An official from Israel’s Immigration Ministry, said the Chelsea football club owner was in Israel. Israel grants automatic citizenship to anyone of Jewish descent.

    An Israeli official says Russian billionaire Roman Abramovich has received Israeli citizenship after his British visa was not renewed. The official, from Israel’s Immigration Ministry, said the Chelsea football club owner arrived in Israel on Monday. Israel grants automatic citizenship to anyone of Jewish descent.

  • Wednesday, May 30th 2018 - 08:51 UTC

    The City has “huge concern” over the Brexit political debate: “services sector forgotten”

    Shadow City minister Mr Reynolds said: “The big question is, what is the parliamentary Conservative Party willing to support?''

    The City has “huge concern” over the Brexit political debate being dominated by tariffs and goods rather than the UK’s majority services sector, a shadow minister has said. Labor’s Jonathan Reynolds said that any deal which does not cover services “is clearly a very bad deal for the UK”, noting that there was a “fairly hard ball position being played by the EU”.

  • Wednesday, May 30th 2018 - 08:43 UTC

    Argentina set to expand fresh beef exports to Japan and China

    Minister Etchevehere said Argentina prides itself on the quality of its beef, and aims to carve out a significant portion of the Japanese market.

    Argentina is set to expand fresh beef exports to Asia, with Japan and China having already approved import deals, the country's agriculture minister said. Luis Miguel Etchevehere in Tokyo said that Argentina has signed a deal with the Japanese government under which Tokyo will authorize imports of fresh beef from Argentina by late July. His country has also inked a beef export agreement with Beijing.

  • Wednesday, May 30th 2018 - 08:35 UTC

    Shipping emissions the greatest challenge to oil price hikes

    On January 1, 2020, the IMO will enforce new emissions standards designed to significantly curb pollution produced by the world's ships.

    The most prominent driver of oil prices over the next two years is not likely to come from OPEC, Iran or Venezuela, but rather in the shape of a shipping revolution, analysts have warned. New rules coming into force in approximately 18 months' time are seen as a source of great concern for some of the world's biggest oil producers.