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Montevideo, July 4th 2025 - 17:49 UTC

International

  • Wednesday, August 12th 2009 - 11:58 UTC

    OPEC expects demand for crude to decline further next year

    The oil cartel blames the slow global economic recovery

    Oil prices have fallen after producers group OPEC said it now expected demand for its crude to decline further than predicted next year. Blaming the slow nature of the global economic recovery, OPEC now expects demand for its crude to average 27.97 million barrels per day in 2010.

  • Wednesday, August 12th 2009 - 11:50 UTC

    Biggest gems heist in British history: £ 40 million

    Two smartly dressed armed robbers emptied Graff Jewellers in London's West End

    Police are hunting robbers who stole items worth nearly £40m in what is believed to be the biggest gems heist in British history. Two smartly-dressed armed robbers stole jewellery worth almost £40 million from Graff Jewellers in London's West End last Thursday.

  • Tuesday, August 11th 2009 - 12:13 UTC

    Repsol denies Chinese 17 billion USD offer for YPF

    The deal could be China’s biggest overseas investment

    Spain’s largest oil producer Repsol-YPF denied receiving an offer for its Argentine YPF unit following a report that Chinese companies had proposed buying its stake.

  • Tuesday, August 11th 2009 - 11:10 UTC

    Oxford University warns against Tamiflu drug for children

    Children who were otherwise healthy could suffer more harm than benefit from taking Tamiflu or another anti-viral, Relenza, says the British Medical Journal.

    Children should not be given the anti-viral drug Tamiflu to combat swine flu, Oxford University researchers have said. They urged the United Kingdom Department of Health to urgently rethink its policy on giving the drugs to youngsters affected by the current flu pandemic.

  • Tuesday, August 11th 2009 - 11:05 UTC

    Big Government and how Great Depression II was averted, by Paul Krugman

    Nobel Prize Krugman praises the US federal government

    Under the title of “Averting the worst” Nobel Prize Paul Krugman praised “Big Government” for having saved the United States (and the world) from a second Great Depression

  • Monday, August 10th 2009 - 11:31 UTC

    Don’t forget UK troops in Falklands, says Conservative MP

    Thanet North representative Roger Gale made a visit in mid winter (when the worst snowfall in 20 years), but was impressed by the morale of the forces.

    United Kingdom Defence chiefs should not let the war in Afghanistan distract them from the needs of other British soldiers around the world such as the Falkland Islands, warns a Tory MP.

  • Monday, August 10th 2009 - 11:25 UTC

    Lloyds Banking Group considering how to limit government stake

    The bank already 43% government owned could see that share increase to 60%

    The UK part-nationalised Lloyds Banking Group may raise billions of pounds from shareholders to reduce its reliance on the taxpayer, it has been reported. The bank - which is 43% state-owned - is considering the move to avoid the £16 billion cost of placing billions in toxic debts into a taxpayer-backed insurance scheme, the Sunday Times reports.

  • Monday, August 10th 2009 - 11:02 UTC

    Bidders have no plans to close plants or drop the Vauxhall brand

    General Motors bankruptcy has sent shockwaves to Germany’s Opel and UK Vauxhall

    One of the last two bidders in the running to buy Britain’s Vauxhall car maker has said it has no plans to close its two UK plants or drop the brand. Belgian investment group RHJ International is vying with Canadian firm Magna International to buy the European arm of ailing General Motors, which owns Germany's Opel as well as Vauxhall.

  • Saturday, August 8th 2009 - 13:35 UTC

    UK reasserts authority over Gibraltar’s waters

    Spain considers Gibraltar territorial waters as part of its responsibilities

    Defra, the United Kingdom’s Department for Environment, Food and Rural Affairs, has reasserted UK’s authority over Gibraltar waters and objects to Spain’s designation. The statement of position comes as the Foreign Office is expected to announce its position in relation to Gibraltar’s lawsuit against the European Commission in this respect.

  • Friday, August 7th 2009 - 11:41 UTC

    Jobs outlook in China remains “very grave” warn officials

    Millions of migrant workers returning from the farms have failed to secure work in the cities and protests have erupted in some areas.

    China's job outlook remains “very grave” and could deteriorate further, a senior official has said. The government is under “enormous pressure” to create jobs, said Wang Yadong at the Ministry of Human Resources and Social Security