Tuesday, March 17th 2015 - 07:59 UTC

Treasurer of Brazil’s ruling party formally charged in the Petrobras corruption scandal

Prosecutors have “ample proof” that Workers ‘Party Treasurer Joao Vaccari solicited donations from Petrobras ex/services chief Renato Duque and engineering firms’ executive

Brazilian prosecutors have formally charged the treasurer of the ruling Workers' Party and 26 others with corruption linked to state-run Petrobras, in the latest blow to President Dilma Rousseff from the widening scandal.

Tuesday, March 17th 2015 - 07:39 UTC

Cristina Fernandez manages to split the farmers’ united front after years of confrontation

‘This is a program that is the government's decision, but it is also a policy agreed upon point by point with the other side, which is the FAA,” said Cristina Fernandez on national television

Argentine president Cristina Fernandez, on the campaign trail ahead of October’s national elections, announced on Monday the creation of a new fund which will reduce by up to 50% the 'retention' taxes on exportation rights paid by small and medium agriculture farmers.

Tuesday, March 17th 2015 - 07:32 UTC

Prince Harry leaves armed forces after a decade of service including tours in Afghanistan

“The experiences I have had over the last 10 years will stay with me for the rest of my life. For that I will always be hugely grateful,” said Harry, calling it a “really tough decision”.

Britain's Prince Harry announced on Monday that he will leave the armed forces after a decade of service that included two tours of duty in Afghanistan. Queen Elizabeth's 30-year-old grandson, the fourth-in-line to the throne, said he would quit the military in June following a four-week secondment with the Australian Defense Force.

Tuesday, March 17th 2015 - 07:23 UTC

Griesa rejects Citigroup petition to allow payment of bonds issued under Argentine law

Griesa had previously allowed Citigroup to process operations on three separate occasions before making a final decision on the issue. Next set of payments must be made by March 31.

New York district judge Thomas Griesa has declined a request from the Citigroup bank to allow the entity to process the payment of Argentine bonds under local law while an appeal against the magistrate's negative ruling is being prepared.

Tuesday, March 17th 2015 - 07:18 UTC

More former Petrobras top officials arrested on money laundering investigation

Former services director Renato Duque, was arrested by Brazilian federal police at his house in Rio de Janeiro, TV Globo said, amid a new round of police operations (Pic: Estadão Conteudo)

Brazilian police arrested a former Petrobras executive on Monday, in a broad kickback and money laundering investigation that has rattled some of the nation's biggest companies and political parties.

Tuesday, March 17th 2015 - 07:07 UTC

Mexican star journalist sacked for revealing origin of First Lady’s mansion

Aristegui's investigative team revealed last year that President Pena Nieto's wife, former soap opera star Angelica Rivera, had bought a mansion from a government contractor.

An influential Mexican broadcast journalist whose report about the first lady's mansion caused a scandal was sacked on Sunday, sparking anger among supporters who called her firing an affront to freedom of speech. Carmen Aristegui had been publicly feuding with her employer, MVS Radio, in recent days after two of her investigative reporters were fired by the company.

Monday, March 16th 2015 - 11:00 UTC

Peaceful massive protests against Rousseff on Sunday throughout Brazil

Sunday-s larger than expected demonstrations promise to embolden opposition parties and restive allies who are nominally part of Rousseff's ruling coalition

Over one million demonstrators marched in cities and towns across Brazil to protest a sluggish economy, rising prices and corruption, and some even calling for the impeachment of populist President Dilma Rousseff. The marches on Sunday come as Brazil struggles to overcome economic and political malaise and pick up the pieces of a boom that crumbled once Rousseff took office in 2011.

Monday, March 16th 2015 - 10:48 UTC

President Maduro will rule the rest of the year with decree powers

“The US want to stick their hands into Venezuela's wealth, just as they have done in other countries,” ruling party legislator Tania Díaz said, on presenting the “anti-imperialist” bill

Venezuela's parliament has granted President Nicolas Maduro decree powers for the rest of 2015 in a move he says is to defend the country from US meddling but opponents decry as evidence of autocracy. In a noisy National Assembly session, ruling Socialist Party legislators, who have a majority, applauded the “Enabling Law” as a legitimate response to a US declaration that Venezuela is a security threat and sanctions on seven officials.

Monday, March 16th 2015 - 10:39 UTC

Israel newspaper questions Nisman’s accusations against Cristina Fernandez and Timerman

Nisman was “known among his colleagues for his close ties to Argentina’s intelligence services”, which “have been involved in every dirty operation you can imagine.”

Israeli newspaper Haaretz has published an article questioning the criminal accusation filed by late AMIA prosecutor Alberto Nisman against Argentine President Cristina Fernández and Foreign minister Hector Timerman, while asserting that the official's handling of the case was far from exemplary.

Monday, March 16th 2015 - 10:25 UTC

UK caught on the wrong side in a US/Beijing dispute over Chinese development bank

“There will be times when we take a different approach,” a spokesperson for Prime Minister David Cameron said about the rare rebuke from the US.

The US has expressed concern over the UK's bid to become a founding member of a Chinese-backed development bank. The UK is the first big Western economy to apply for membership of the Asian Infrastructure Investment Bank (AIIB) despite the fact that US has raised questions over the bank's commitment to international standards on governance.


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