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Montevideo, July 31st 2026 - 15:26 UTC

International

  • Thursday, November 3rd 2016 - 10:20 UTC

    Big Danger at the Lower Bound

    Fed chair Janet Yellen tried to reassure markets but most economists are skeptical that the Fed’s unconventional policy tools are nearly so effective.

    By Kenneth Rogoff

    Markets nowadays are fixated on how high the US Federal Reserve will raise interest rates in the next 12 months. This is dangerously shortsighted: the real concern ought to be how far it could cut rates in the next deep recession. Given that the Fed may struggle just to get its base interest rate up to 2% over the coming year, there will be very little room to cut if a recession hits.

  • Thursday, November 3rd 2016 - 08:21 UTC

    Identification of Argentine soldiers' remains in Falklands: Geneva meeting in December

    There is a consensus among the Falklands, London and Buenos Aires that the best time for the forensic identification are the coming summer austral months

    Argentine and British diplomats will be meeting next 10 December in Geneva with the Red Cross to advance in the identification of the remains of 123 Argentine combatants buried at Darwin cemetery in the Falkland islands since 1982.

  • Thursday, November 3rd 2016 - 08:05 UTC

    European lawmakers in Argentina to boost EU/Mercosur trade talks

    “We will never reach any trade accord, unless we are not willing to face the domestic resistances, be it in Europe or in Mercosur”, said MEP Assis

    A European Union parliament delegation of fourteen lawmakers is in Buenos Aires to prop Mercosur/EU trade talks, and even admitting there has been advances, and prospects are encouraging, they also acknowledged that many objections from both sides persist.

  • Wednesday, November 2nd 2016 - 19:46 UTC

    Prefecture of the Falklands has new Apostolic Administrator, Fr. Hugh Allan

    The new Abbot Allan will support Fr John Wisdom o.praem, the priest who has ministered to the 230 Catholics on the Falklands since August 2015

    The Prefect for the Congregation for the Evangelisation of Peoples, Cardinal Fernando Filoni, has appointed Fr Hugh Allan OPraem, Prior of Norbertine Community of St Philip's Priory, Chelmsford, as the new Apostolic Administrator of the Prefecture of the Falkland Islands and Ecclesiastical Superior of the Missions sui iuris of the islands of Ascension, St Helena and Tristan da Cunha ad quinquennium (for a period of five years).

  • Wednesday, November 2nd 2016 - 19:27 UTC

    As expected Fed leaves rates unchanged, but the real game begins in December

    Fed chairwoman Janet Yellen has been repeatedly criticized by Republican candidate Donald Trump

    The Federal Reserve, on Wednesday following a two-day meeting, and with two members dissenting, left interest rates unchanged but anticipated the FOMC “judges that the case for an increase in the federal funds rate has continued to strengthen, but decided, for the time being, to wait for some further evidence of continued progress toward its objectives”.

  • Wednesday, November 2nd 2016 - 14:19 UTC

    EU and Canada sign free trade accord, but has to clear 40 European parliaments

    Canadian PM Justin Trudeau signed the treaty along with heads of EU institutions, a step that should enable a provisional implementation of the pact early in 2017.

    The European Union and Canada signed a free trade agreement on Sunday that aims to generate jobs and growth though it must still clear some 40 national and regional parliaments in Europe in the coming years to enter fully into force.

  • Wednesday, November 2nd 2016 - 11:05 UTC

    Portugal pledges in Brazil to promote Mercosur/EU trade agreement

    “Portugal can become another strong voice in the EU to help make possible this trade agreement the soonest possible”, said Temer

    Brazilian president Michel Temer said that Portugal and Spain are determined to help speed trade negotiations between Mercosur and the European Union. Temer made the announcement on hosting Portuguese Prime Minister Antonio Costa who was on a brief visit to Brazil for the Community of Portuguese Language Countries summit in Brasilia.

  • Wednesday, November 2nd 2016 - 10:48 UTC

    Santos state visit to UK highlights Britain's involvement in the Colombian conflict and peace process

    The Queen and the President of Colombia Juan Manuel Santos Horse Guards Parade at the start of Colombia's first ever State Visit to the UK.

    Tuesday saw the first ever state visit by a Colombian president to the UK. Nobel Peace Prize laureate, President Juan Manuel Santos is visiting for three days as an official guest of Her Majesty The Queen and the Duke of Edinburgh. He will have a working lunch with Prime Minister Theresa May, visit Belfast and attend events at Mansion House, the Natural History Museum and his old university, the LSE.

  • Wednesday, November 2nd 2016 - 08:30 UTC

    Gibraltar: Spain manages Ibero-American summit support for its sovereignty claim

    Spain confirmed that the 32 countries attending the summit have supported a call on the United Kingdom to start bilateral sovereignty talks over the Rock.

    For the first time ever, an annual Latin American Summit has endorsed Spain’s position on Gibraltar. Spain’s Secretary of State for International Cooperation in Latin America confirmed that the 32 countries attending have supported Spain’s call to the United Kingdom to start bilateral sovereignty talks over the Rock.

  • Wednesday, November 2nd 2016 - 08:03 UTC

    Caribbean BOTs form a group to focus on Brexit at the Joint Ministerial Council

    Cayman Islands Premier Alden McLaughlin said a small forum of territories was needed to deal specifically with Brexit

    Concerned about how the UK’s departure from the European Union over the next two years will impact their communities, leaders from the British Overseas Territories in the Caribbean have agreed to form a group to focus on the whole question of Brexit, reports the region's media.