Politics

Wednesday, September 19th 2018 - 08:11 UTC
China agreed to invest US$ 5bn in Venezuelan oil, alleges Maduro

Venezuelan President Nicolas Maduro said on Tuesday that new investments from China will help his country dramatically boost its oil production, doubling down on financing from the Asian nation to turn around its crashing economy.
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Tuesday, September 18th 2018 - 08:58 UTC
Trump escalates the trade war with China imposing 10% tariffs on US$ 200bn imports

United States president Donald Trump escalated his trade war with Beijing, imposing 10% tariffs on about US$ 200 billion worth of imports in a move one senior Chinese regulator said “poisoned” the atmosphere for negotiations.
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Tuesday, September 18th 2018 - 08:51 UTC
IMF's Lagarde: A no-deal Brexit would entail substantial costs for the UK economy

The International Monetary Fund has warned that a “no-deal” Brexit on World Trade Organization terms would entail “substantial costs” for the UK economy. IMF said that all likely Brexit scenarios would “entail costs”, but a disorderly departure could lead to “a significantly worse outcome”.
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Tuesday, September 18th 2018 - 08:44 UTC
Maduro's Turkish stake delight, shocks and infuriates hungry Venezuela

Venezuelan President Nicolas Maduro dined on expensive steak at a “Salt Bae” restaurant in Istanbul during a stop-off returning from a visit to China, drawing furor back home where millions struggle to get enough to eat and red meat is a rare luxury.
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Tuesday, September 18th 2018 - 08:38 UTC
Growing demand for a second referendum on Brexit, but time is running out

Calls for a second referendum on Brexit are mounting as Britain approaches the last six months before leaving the EU - but the sands of time could be running out for diehard Remainers. London Mayor Sadiq Khan became the latest big name to call for a vote, joining former prime ministers Tony Blair and John Major and celebrities like football star Gary Lineker.
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Tuesday, September 18th 2018 - 08:30 UTC
Scallop war over: French and UK fishermen reach an agreement

French and British fishermen agreed Monday to end their battle over access to scallop-rich waters in the English Channel, three weeks after the long-simmering conflict flared into a high-seas confrontation. The new deal is hoped to bring to a close the years-long “Scallop Wars” over fishing the prized mollusks in the fertile waters off the Baie de Seine area of Normandy in northwest France.
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Tuesday, September 18th 2018 - 08:24 UTC
Judge indicts ex president Cristina Fernandez and asks for her arrest

An Argentine federal judge indicted former President Cristina Fernandez on Monday and asked for her arrest for allegedly heading a corruption scheme that collected bribes from business leaders in exchange for public work contracts.
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Tuesday, September 18th 2018 - 08:23 UTC
Brazil's presidential race polarizing between Bolsonaro and Haddad, according to latest poll

Brazilian far-right presidential candidate Jair Bolsonaro held a solid lead ahead of the October 7 election following a near-fatal stabbing, but Workers Party (PT) candidate Fernando Haddad emerged in second place, signaling a potential polarized right-left runoff, a poll showed on Monday.
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Tuesday, September 18th 2018 - 06:56 UTC
Argentine Peso recovers on an IMF support message and budget presentation to Congress

Argentina's battered Peso currency inched higher and the risk of its bonds defaulting declined after the government unveiled its budget plan and the IMF said “important progress” had been made on revamping the country's standby loan agreement.
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Monday, September 17th 2018 - 09:13 UTC
Bolsonaro sends message from hospital bed and accuses rival PT of willing to win through fraud

Brazilian far-right presidential candidate Jair Bolsonaro attacked the rival Workers Party (PT) and raised the prospect of voter fraud in an address on Sunday from his hospital bed in Sao Paulo, where he is recovering from an assassination attempt.
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