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Montevideo, May 19th 2022 - 14:44 UTC

Tag: Financial Times

  • 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.

  • Thursday, August 13th 2015 - 07:40 UTC

    The Economist group strengthens independence through share buy-back

    “This agreement will also lead to the sale of the Economist Complex, which has served us well for many years”.

    The Economist Group announced on 12 August 2015 that it will buy back 5.04m ordinary shares (20% of total share capital) from Pearson plc for £182m. Pearson’s remaining shares in the Group will be acquired by Exor for £287m, including all of its 1.26m B shares and 6.3m ordinary shares (30% of total share capital).<br />
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  • Monday, July 27th 2015 - 11:58 UTC

    Pearson prepared to sell 50% stake in The Economist; deal should be over b by end of summer

    Pearson said it was in discussions regarding the sale of the Economist but there was “no certainty that this process will lead to a transaction”.

    Publishing company Pearson has confirmed plans to sell its 50% stake in the Economist Group. The statement from the firm came just days after it announced the sale of the Financial Times to Japan's Nikkei.

  • 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.