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Montevideo, March 20th 2026 - 07:00 UTC

International

  • Saturday, August 5th 2017 - 07:37 UTC

    The political motive behind football’s biggest transfer

    Neymar’s new club Paris Saint-Germain (PSG) are owned by Qatari Sports Investment (QSI), a closed shareholding organisation founded in 2005

    by Luke Blackstock -The change of employer for 25-year-old, Brazilian footballer Neymar da Silva Santos Jr and a diplomatic crisis halfway around the world apparently have no link. Neymar has become the world’s most expensive footballer after signing for Paris Saint-Germain, and priced away from one of its biggest clubs.

  • Saturday, August 5th 2017 - 06:54 UTC

    Standard Chartered moves European base to Frankfurt because of Brexit

    German's strong credit rating informed the bank's location choice, said chief executive Bill Winters. The bank has about 100 staff in Frankfurt currently.

    Standard Chartered is set to spend about US$20m to turn its Frankfurt office into a European base due to Brexit. The bank plans to create a subsidiary at its German branch to maintain access to the European market after Britain withdraws from the European Union.

  • Friday, August 4th 2017 - 08:35 UTC

    Brexit uncertainty pounding the economy says Bank of England governor

     ”It's evident...that uncertainties about the eventual relationship (with EU) are weighing on the decisions of some businesses”, said Mark Carney

    The governor of the Bank of England has warned that uncertainty over Brexit is already weighing on the economy. Mark Carney's comments came as the Bank voted to hold rates and cut growth forecasts. It edged this year's growth forecast down to 1.7% from its previous forecast of 1.9% made in May and also cut the forecast for 2018 from 1.7% to 1.6%.

  • Friday, August 4th 2017 - 07:45 UTC

    British Labour party divided on support for Venezuela's Maduro regime

    Shadow foreign minister Liz McInnes called on the government of Venezuela to recognize its responsibilities to protect human rights, free speech and rule of law.

    Labour MP close to Jeremy Corbyn has criticized the US's decision to impose sanctions on the Venezuelan president. Chris Williamson said it would be “better to facilitate talks” between the government and opposition amid ongoing political unrest and violence.

  • Friday, August 4th 2017 - 07:08 UTC

    Venezuela diverting oil to Russia's Rosneft, ignoring contracts in the US

    Venezuela's oil output has declined since 2012 with the fall accelerating this year amid a lack of investment and payment delays to suppliers.

    Venezuela's state-run PDVSA has reduced crude sales to its U.S. refining unit Citgo Petroleum while increasing supply to Russia's Rosneft, following a plan signed in May to catch up on overdue deliveries, according to PDVSA documents, sources from the company and its joint ventures.

  • Thursday, August 3rd 2017 - 23:38 UTC

    Qatar files a complaint to WTO on the trade embargo imposed by Gulf neighbors

    The complaint filed with the WTO includes a request for “formal consultations” between Qatar and its neighbors. (Pic Reuters)

    Qatar has filed a complaint with the World Trade Organization over a trade embargo imposed by its Gulf neighbors. The complaint accuses Saudi Arabia, Bahrain and the United Arab Emirates of violating the trade group's “core laws and conventions on trade of goods and services, and trade-related aspects of intellectual property,” according to a statement from Qatar's ministry of economy and commerce.

  • Thursday, August 3rd 2017 - 21:20 UTC

    A century ago the first aircraft lands on the deck of a moving ship

    On 2 August 1917, Capt Edwin Dunning made aviation history by becoming the first man to land a plane on a moving ship. The pilot, 25, was born in South Africa

    The 100th anniversary of the first time an aircraft touched down on the deck of a moving ship is to be marked. Squadron Commander Edwin Dunning landed a Sopwith Pup biplane on HMS Furious in Scapa Flow, Orkney, on 2 August, 1917.

  • Thursday, August 3rd 2017 - 15:38 UTC

    Wall Street breaks the 22.000 mark for the first time

    Analysts said despite the euphoria from the Dow’s fresh record, investors were still watching the US Federal Reserve’s plan to unload its balance sheet

    Asian markets paused for breath Thursday after Wall Street smashed through 22,000 for the first time, with regional traders focused on fresh clues on the health of the US economy. Strong Apple earnings propelled the Dow above the barrier to mark its sixth straight record close — but the tech-heavy Nasdaq closed marginally lower.

  • Thursday, August 3rd 2017 - 08:31 UTC

    Prince Philip, 96, bows out of public life after more than 22.000 presentations

    The Duke of Edinburgh attended a parade of Royal Marines at Buckingham Palace and met servicemen that had taken part in a race to raise money for charity.

    Prince Philip, the 96-year-old husband of Britain’s Queen Elizabeth, bowed out of public life on Wednesday with his final solo appearance at an official event, ending a royal career marked by occasional gaffes that landed him in hot water.

  • Thursday, August 3rd 2017 - 08:02 UTC

    Post-Brexit triggers whisky industry controversy in Scotland

    Mundell said that identifying new markets and tackling tariffs,  UK government is paving the way for an even brighter future for Scotland's whisky industry.”

    With whisky boosting the UK economy by about £5 billion a year, Scottish Secretary David Mundell said ministers are keen to open up new markets around the world for the iconic drink. He spoke out ahead of a meeting on the island of Islay, in the Hebrides, which is home to several distilleries.