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2016 St Helena’s Day celebrations were this year held on Friday 20 May 2016, and were reckoned by all to be a great success. Once again organized by New Horizons and held in lower Jamestown, traditional activities and stalls were arranged in both the Mule Yard and along the Seafront area.
United States tire maker Bridgestone is selling its business in Venezuela after six decades in the country, the latest blue chip company to abandon the country as a result of runaway inflation and strict currency controls. Bridgestone Americas said in a statement Monday that it is selling its Venezuela assets to Grupo Corimon, a local industrialist. It says the company will be called Alice Neumaticos de Venezuela.
Brazil and Argentina will work together to help find a solution to Venezuela's political crisis, Brazil's acting foreign minister said on Monday. Venezuela is facing a severe economic crisis, with the world's highest inflation and shortages. Polls indicate most Venezuelans want President Nicolas Maduro out of office.
Argentina and the new interim government of Brazil sealed this Monday their close relationship when foreign minister Jose Serra in a brief visit to Buenos Aires, his first overseas trip, met privately with President Mauricio Macri. . Earlier in the day the Brazilian official signed a memorandum of understanding for a bilateral mechanism of political coordination with his peer Susana Malcorra.
Brazil's Planning Minister Romero Juca said on Monday he will temporarily step down after a newspaper published recordings of him discussing plans to obstruct the country's biggest-ever corruption investigation, which includes him among its targets.
Francis has met the grand imam of Cairo's al-Azhar mosque after a five-year pause in dialogue between the Roman Catholic Church and the mosque, the highest authority of Sunni Islam. Sheikh Ahmed al-Tayeb visited the Vatican en route to a Paris conference involving Muslims and Catholics.
Brazil's government on Tuesday will announce spending curbs and other measures to reduce its rising debt burden and contain a fiscal deficit as it seeks to regain the confidence of investors, Finance Minister Henrique Meirelles said.
Brazilian federal judge hearing the Petrobras case, Sergio Moro, avoided commenting Monday on the voice recording in which a minister of acting-President Michel Temer suggests ways to end the investigation into corruption at the state-run oil company Petrobras, but warned that the government should not interfere in trials, which are the responsibility of the justice system.
FIFA president Gianni Infantino admits “the public view FIFA with skepticism” after a series of corruption scandals. But in answer to critics who say a recent move has weakened efforts to reform FIFA, he said “from now on the focus should be on our actions and deeds, rather than on premature conclusions and speculation.“
The G7 finance ministers and central bank governors concluded their 2-day meeting in Sendai, Japan on Sunday. The discussion of international event and banking risk has set the stage for issues to be discussed at the larger G7 leaders’ summit starting on the 26th.