Politics

Thursday, September 3rd 2015 - 07:38 UTC
Guatemala Attorney General confident president Perez will be convicted for corruption

Guatemala's attorney general said on Wednesday she is confident embattled President Otto Perez will be convicted of corruption, as the country's top court rejected his challenge to prosecutors' moves to try him.
Thursday, September 3rd 2015 - 07:21 UTC
Rousseff pledges to reduce budget deficit; denies Levy was stepping down

President Dilma Rousseff vowed on Wednesday to take new measures to reduce the deficit her administration is projecting for 2016, without ruling out more spending cuts and additional taxes in Brazil. The 2016 budget unveiled on Monday projected Brazil’s first-ever primary fiscal deficit, before payment of interest on the national debt, sparking controversy.
Thursday, September 3rd 2015 - 07:13 UTC
Brazilian VP calls on business community for a 'national alliance'

President Michel Temer asked business owners and executives for a “national alliance” to deal with Brazil's political crisis and shaky economic situation. Temer is leader of the centrist PMDB, the main governing partner of Rousseff's center-left Workers Party, PT.
Thursday, September 3rd 2015 - 07:02 UTC
Top official highlights UK/Chile knowledge and research exchange initiatives

A top British official highlighted UK-Chile knowledge exchange initiatives by recognizing the Chevening Scholarships scheme along with the science, innovation and educational achievements established through the Newton-Picarte Fund.
Thursday, September 3rd 2015 - 06:53 UTC
Malvinas chapter of “Back to the Future”, script by Argentine pope Francis

Argentina's Patagonia’s National University of San Juan Bosco (UNPSJB), based in Chubut province, officially introduced on Tuesday an academic scholarship program geared toward Falklands/Malvinas residents, and during a panel presided by Malvinas Affairs Secretary Daniel Filmus, Argentina's Under-Secretary of University Policies Laura Alonso and the university’s chief Alberto Ayape.
Wednesday, September 2nd 2015 - 08:06 UTC
Petrobras union announces an 'open-end' strike to protest investment cuts

Brazil's largest oil workers' union advised Petrobras that it plans to begin an open-ended strike against the state-run oil company starting at midnight (0300 GMT) on Friday. The strike is in protest at a recent cut of about 40% in investments by Petrobras and the planned sale of about $15.1 billion of assets, the union, known as FUP, said in a statement on Tuesday.
Wednesday, September 2nd 2015 - 06:43 UTC
Lula da Silva's top advisor charged for alleged involvement in Petrobras corruption

Police on Tuesday asked prosecutors to file charges against Brazil's former presidential chief of staff, Jose Dirceu, and top advisor of former president Lula da Silva, for alleged involvement in the massive corruption scheme at state-owned oil company Petrobras.
Wednesday, September 2nd 2015 - 06:27 UTC
Petrobras increases price of LPG by 15%, the first adjustment in 13 years

Brazil's Petrobras announced late Monday that it would raise the wholesale price of liquefied petroleum gas (LPG) by 15% effective Tuesday, the first price adjustment for the essential cooking gas in 13 years. The move is part of efforts by Petrobras to reduce losses on fuel sales, a company Petrobras source said.
Wednesday, September 2nd 2015 - 06:16 UTC
Guatemala's congress strips president Otto Perez of immunity

Guatemala's Congress voted Tuesday to strip embattled President Otto Perez's immunity, clearing the way for him to be prosecuted over allegations he masterminded a multi-million-dollar corruption scheme.
Wednesday, September 2nd 2015 - 06:01 UTC
Chinese markets open Wednesday on the slide; Canada enters recession

Asian markets continued to fall on Wednesday, with Shanghai opening down more than 4% amid continuing worries about China's growth. On Tuesday, data suggesting China's manufacturing sector was shrinking at its fastest pace in three years ignited a global market sell-off, resulting in US stocks closing down nearly 3%.