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Montevideo, July 17th 2024 - 12:42 UTC

Tag: Financial Times

  • Thursday, February 29th 2024 - 13:32 UTC

    President Milei anticipates decree-based economic reforms, stating Parliament's obstacles

    Addressing concerns about potential social unrest, Milei dismissed the notion unless incited by politically motivated events or foreign interference.

    Argentina's President Javier Milei, ahead of his first appearance before the Congress of the Nation for the opening of ordinary sessions, has signaled a proactive approach to economic reform. In an interview with the Financial Times, Milei emphasized his intent to implement reforms “by decree,” citing challenges in garnering parliamentary support due to the current composition.

  • Tuesday, February 14th 2023 - 10:50 UTC

    Financial Times full of praise for Uruguay

    Finance Minister Azucena Arbeleche was behind the achievements British media found worth highlighting

    When looking for a global model, the Financial Times (FT) came up with Uruguay this week while the South American country's so-called “green bond” tied to environmental goals became the “Latin American Bond of the Year in 2022” according to the International Financial Review (IFR).

  • Tuesday, January 3rd 2023 - 17:12 UTC

    “A scandal over fake passports”: Financial Times warns that reputation of Uruguay is threatened

    The case turned into “accusations of political espionage and corruption” and that it could “threaten the nation's reputation as a model of stability in Latin America”.

    The Financial Times described the event that is currently being investigated by the Uruguayan Justice related to the former presidential custodian Alejandro Astesiano and the implications that have arisen around the entourage of President Luis Lacalle Pou.

  • Tuesday, April 19th 2022 - 20:36 UTC

    Financial Times says CFK's speech fueled Falklanders' fears

    Perpetuating the current state of things is in no one's interest, the FT said

    The Financial Times said in an editorial Monday that the recent speech by Argentine Vice President Cristina Fernández de Kirchner (CFK) did nothing fue fuel fears among Falklanders who already feel threatened by the Constitution's provision stressing the South American country's claims over the archipelago and the other British Overseas Territories in the South Atlantic.

  • Thursday, January 28th 2021 - 09:42 UTC

    Brazil on the brink of financial default, points out the Financial Times

    Most of the money went on “corona vouchers”: a flat-rate temporary income boost for nearly a third of the population, points out the Financial Times

    Brazilian president Jair Bolsonaro has been s skeptical of the coronavirus pandemic and the effectiveness of different vaccines to contain it, arguing that the economy, jobs and activity, were the priority above sanitary recommendations. As a result of this approach, his administration's federal spending jumped almost 40% between January and November, according to the Institute of International Finance. And Bolsonaro had even admitted the country is “broke.”

  • Thursday, June 25th 2020 - 09:30 UTC

    UK stands for Falklands' squid in post-Brexit trade talks, Financial Times

    European diplomats told the FT that Britain had made formal representations to preserve tariff-free trade for Falklands' Loligo squid

    UK has been standing out for the Falklands and its squid and fish sales to the European Union, according to an article from the Financial Times, credited to Jim Brunsden in Brussels, and referred to the post-Brexit EU/UK trade talks.

  • Tuesday, February 18th 2020 - 06:32 UTC

    FT: “Argentina needs a plan for investment-led growth”

    IMF has tough questions to answer. It lent a record US$ 57bn to Argentina to support an economic program which failed after little more than a year.

    The Financial Times dedicated on Monday an editorial to Argentina and its current strategy to avoid again defaulting by pressing on the IMF, and later on sovereign bondholders, for a significant haircut in its national debt approaching 90% of GDP. However, FT points out that “debt talks are unlikely to succeed without a strategy for economic revival”

  • Monday, December 30th 2019 - 09:50 UTC

    Ex judge Moro chosen as one of the decade's personalities by the Financial Times

    Moro became justice minister in the government of Jair Bolsonaro, a move into politics, which could set him up for a run at the presidency.

    Brazilian Justice Minister Sergio Moro was chosen as one of the fifty personalities of the decade by the Financial Times, a list which includes activists, politicians, business people and sports persons from all over the world.

  • Tuesday, August 20th 2019 - 07:40 UTC

    Francis involvement in Argentine politics, is “an idea belonging to science fiction”

    Financial Times claimed that Pope Francis was the brains behind the Fernandez-Fernandez ticket, urging Alberto to reconcile with Cristina

    A bishop had denied point-blank any involvement of Pope Francis in Argentine politics, following on August 11 presidential primaries, which have quashed President Mauricio Macri's reelection aspirations, increasing opposition candidate Alberto Fernandez chances of taking office next 10 December, while Latin America's third economy was driven into financial chaos as the word default creeps intensely as a possibility in the near future.

  • Tuesday, October 10th 2017 - 16:37 UTC

    China's Sinopec considering selling assets in Santa Cruz, Argentina

    The 2010 acquisition marked Sinopec’s entry into Argentina when Chinese companies were looking to buy assets abroad to offset domestic production declines

    Argentina’s losses on its oil and gas assets, as well as its labor disputes, have prompted China’s Sinopec to consider selling its operations in the country. Sinopec advisors have offered up some of its assets to about a dozen large firms from the U.S., Latin America, Europe, Africa, and Russia, it was reported on Monday and confirmed in Beijing media.

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