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Montevideo, October 22nd 2025 - 09:20 UTC

International

  • Thursday, July 9th 2015 - 06:10 UTC

    Greek banks to remain closed until next Monday as ECB caps funding

    If “there is no more political accord in sight for a program, then our rules force us to stop completely,” said ECB member Christian Noyer

    The European Central Bank capped the amount of emergency funding it is providing to the Greek banking sector at €88.6 billion on Wednesday, in a sign that the central bank is awaiting the outcome of this weekend’s crunch talks on Greece before deciding whether to extend a further financial lifeline to the indebted country.

  • Thursday, July 9th 2015 - 05:58 UTC

    China markets' volatility slide spreading to the rest of Asia

    The benchmark Shanghai Composite was down 3.6% to 3,380.31 points despite aggressive measures by regulators

    Mainland Chinese shares continued to head lower on Thursday, leading the rest of Asia down as concerns over the market's steep slide spread. The benchmark Shanghai Composite was down 3.6% to 3,380.31 points despite aggressive measures by regulators such as banning big investors from selling stocks to boost the flagging market.

  • Thursday, July 9th 2015 - 03:33 UTC

    All United Airlines grounded for almost two hours because of computer problems

    ”We are restoring regular flight operations, but some customers may experience residual delays (Wednesday),” United said in an afternoon statement.

    All United Airlines flights were grounded for almost two hours early Wednesday due to a computer hardware problem, creating travel headaches for tens of thousands of passengers that stretched into the afternoon. United said 800 flights had been delayed, with four flights canceled on its main carrier and 55 on its regional partners. A similar situation happened on 2 June when United flights were also grounded due to “automation issues.”

  • Thursday, July 9th 2015 - 02:55 UTC

    Italy's MSC Cruises with 'Opera' becomes first major line to homeport in Cuba

    The first MSC cruise will depart from Havana following MSC Opera’s Grand Voyage from Genoa to Cuba.

    Italian owned MSC Cruises will be the first major cruise line to homeport in Cuba, with the 2,120-passenger MSC Opera embarking on week-long cruises from Havana starting December 22, reports Travel Weekly.

  • Thursday, July 9th 2015 - 02:38 UTC

    Don't panic, nothing has really changed in the oil markets

       Demand for oil is heading towards record levels both internationally and in the U.S. The Greek issue is not new and it has not changed.

    Monday's 8% WTI crude decline is setting up a big opportunity for buyers. And there could be more to come. But this is driven by momentum, not by the fundamental conditions in the physical market.

  • Wednesday, July 8th 2015 - 09:08 UTC

    Chinese markets' volatility edging 'panic sentiment', admit regulators

    Chinese regulators made a string of pledges on Wednesday to try and ease the “panic sentiment” in the market

    Mainland Chinese shares continued to slide on Wednesday, falling more than 8% on opening. The slump came despite more moves by China's regulators to try and stabilize the recently volatile market.

  • Wednesday, July 8th 2015 - 08:12 UTC

    Grexit Day next Sunday, Euro Zone members warn Tsipras

    “Until now I have avoided talking about deadlines, but tonight I have to say loud and clear that the final deadline ends this week” said Donald Tusk

    Euro zone members announced on Tuesday that they have given Greece until the end of the week to come up with a proposal for sweeping reforms in return for loans that will keep the country from crashing out of Europe's currency bloc and into economic ruin.

  • Wednesday, July 8th 2015 - 08:03 UTC

    Obama calls Merkel and Tsipras calling for constructive talks

    The president “reiterated that it is in everyone's interest that Greece and its creditors reach a mutually-acceptable agreement”

    President Barack Obama on Tuesday analyzed the Greek situation in separate telephone calls to Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel, the White House said. Obama began his day with a phone conversation with Merkel, followed by another call to Tsipras.

  • Wednesday, July 8th 2015 - 07:21 UTC

    Chile official involved in 2018/2022 World Cup inspections, suspended by FIFA

    “I wonder why FIFA publishes a sanction that has outstanding resources, as this may be modified by higher courts”, said Harold Mayne-Nicholls

    The official chosen by FIFA to inspect 2018 and 2022 World Cup hosting candidates was banned from football for seven years for breaking ethics rules. FIFA’s ethics committee gave no reason for its decision to suspend Harold Mayne-Nicholls, a former president of Chile’s soccer federation who is disputing the sanction.

  • Wednesday, July 8th 2015 - 01:05 UTC

    WHO: Stepped up government tax action needed to curb tobacco epidemic

    “Raising taxes on tobacco products is one of the most effective ways to reduce consumption of products that kill”, Dr Margaret Chan said.

    Too few governments levy appropriate levels of tax on cigarettes and other tobacco products. They therefore miss out on a proven, low-cost measure to curb demand for tobacco, save lives and generate funds for stronger health services, according to the World Health Organization’s Report on the Global Tobacco Epidemic-2015.