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Montevideo, December 24th 2025 - 03:16 UTC

Politics

  • Saturday, July 25th 2015 - 05:55 UTC

    Mother and aunt at the launching of Maximo Kirchner's campaign for Congress

    Under the slogan “Always Santa Cruz”, Maximo's campaign recalls the figure of his late father Nestor with fragments from his Argentina’s minimum wagespeeches in radio and TV spots

    President Cristina Fernandez underlined the achievements of her government which, she said, have set the foundations of 'a bright future ahead for Argentina', and openly sponsored the electoral aspirations of Kirchner family members, during a political rally held in Santa Cruz province, from where the powerful presidential couple that has dominated Argentine politics for the last twelve years emerged in 2002/03.

  • Saturday, July 25th 2015 - 05:24 UTC

    Economic activity in Argentina picking up, according to Indec

    The increase in May was boosted by agro exports, the construction sector, consumption and extractive industries, according to a private sector report.

    Economic activity in Argentina has increased 2.2% in May, compared to the same month of 2014, according to the country's stats office, Indec. Compared to April this year, economic activity has grown 0.8%, the Monthly Economic Activity Index revealed.

  • Saturday, July 25th 2015 - 05:14 UTC

    FIFA admits corruption scandal is putting off new World Cup sponsors

    Secretary-general Jerome Valcke said: “The current situation doesn't help to finalize any new agreements.”

    FIFA has admitted the corruption scandal is putting off new World Cup sponsors and plans to hold a summit with existing backers in August. Secretary-general Jerome Valcke said: “The current situation doesn't help to finalize any new agreements.”

  • Saturday, July 25th 2015 - 00:39 UTC

    Brazil's Odebrecht CEO charged with money laundering, corruption and criminal conspiracy

    “Today we take yet another important step in combating impunity,” prosecutor Deltan Dallagnol said at a news conference.

    Brazilian prosecutors presented formal charges on Friday against the chief executive of Latin America's largest engineering firm and other senior executives detained last month in a landmark investigation meant to show that the country's elite are not above the law.

  • Friday, July 24th 2015 - 11:18 UTC

    More job losses coming to U.S. shale

    With prices of both Brent and WTI moving towards $50 per barrel, this is bad news for the U.S. shale sector which is already dealing with rising debt

    With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran's crude oil supply would further contribute to the already rising global supply glut. The economic crisis in Greece, OPEC's high production levels and China's market turmoil have created more pressure on oil prices, making a price rebound look highly unlikely in the near future.

  • Friday, July 24th 2015 - 11:02 UTC

    US filings for unemployment benefits fall to its lowest since 1973

    The bullish jobs picture, together with a firm housing market brings the Federal Reserve a step closer to hike interest rates this year.

    The number of US citizens filing new applications for unemployment benefits last week dropped to its lowest level in more than 41 and a half years (1973), suggesting the labor market maintained a sturdy pace of job growth in July.

  • Friday, July 24th 2015 - 10:15 UTC

    Japan's largest media company buys the Financial Times in a £844m deal

    The battle for the FT turned into a duel between Nikkei and Axel Springer, two groups keen to develop their global presence in the English-language market.

    Nikkei, Japan’s largest media company, is to buy the FT Group from Pearson for £844m, after stunning its rival bidder Germany’s Axel Springer with an eleventh hour offer for the London-based global news organisation. The deal marks the end of an era, bringing the curtain down on Pearson's 58 year ownership of the Financial Times at a time of upheaval in the global media industry.

  • Friday, July 24th 2015 - 09:38 UTC

    ExxonMobil find in Guyana's waters could be worth 12 times the country's GDP

    Liza-1 was drilled in the Stabroek Block and encountered more than 295 feet of “high-quality oil-bearing sandstone reservoirs.”

    The Exxon Mobil oil find in Guyana, which has triggered a strong reaction from neighboring Venezuela could be worth 12 times more than that nation’s GDP. In effect according to a Guyanese minister, the find at Liza-1well in offshore Guyana could be worth about $40 billion at current international crude prices.

  • Friday, July 24th 2015 - 09:02 UTC

    Bermuda Premier calls on British Overseas Territories for a 'united front'

    The meetings are intended as a planning session to discuss issues affecting the BOTs in advance of a Joint Ministerial Conference scheduled for November (Pic Bernews)

    Bermuda Premier Michael Dunkley called for the British Overseas Territories (BOTs) to present a united front in key areas and for the leaders to work together to best represent the people of the region. Premier Dunkley opened on Thursday the Pre-Joint ministerial council which convened leaders from several BOTs including the Falklands MLA Roger Edwards, as reported by the island's Royal Gazette.

  • Friday, July 24th 2015 - 06:01 UTC

    Falklands/Malvinas: Argentina asks why UK is not punished for not complying with UN

    “Why some countries are punished if they don't accept UN resolutions, while others that are founding members” can look aside and not comply asked Filmus

    Argentine diplomats questioned in Montevideo why the United Kingdom is not punished for its denial to comply with the UN General Assembly Resolution from 1965 which calls on Argentina and the UK to sit and dialogue on the Falklands/Malvinas dispute. They also denied any attempts from Argentina to suffocate the Falklands economy or hydrocarbons industry.