United States

United States
Tuesday, November 24th 2015 - 13:56 UTC

Biggest pharmaceutical deal in history criticized by US political presidential hopefuls

The takeover could allow Pfizer to escape relatively high US corporate tax rates by moving its headquarters to Allergan's Dublin base.

US drugs giant Pfizer has sealed a deal to buy Botox-maker Allergan for $160bn in what is the biggest pharmaceuticals deal in history. The takeover could allow Pfizer to escape relatively high US corporate tax rates by moving its headquarters to Allergan's Dublin base.

Tuesday, November 24th 2015 - 11:29 UTC

Venezuelan military involved in cocaine transport, claims New York Attorney Office

 According to US prosecutors the Cessna Citation with 800 kg of cocaine took off from a terminal reserved for government officials at Caracas airport

The latest developments in the drug trafficking case with relatives of Venezuela’s first lady Cilia Flores indicate that the Venezuelan military is involved in transporting cocaine to Haiti for trans-shipment into the US.

Tuesday, November 24th 2015 - 10:13 UTC

Washington promises to cooperate closely with elected president Macri

 Kerry said “we are sure the United States and Argentina will continue cooperating deeply to promote regional security and prosperity”

United States State Secretary John Kerry congratulated on Monday newly elected president of Argentina Mauricio Macri saying Washington will cooperate “closely” with the administration that will take office on December 10.

Friday, November 20th 2015 - 07:24 UTC

Ten US cities selected to host the Copa America Centenario next June

The special centennial anniversary edition of South America's Cup will also include six national teams from North and Central America and the Caribbean

The one-off Copa America Centenario will be played in 10 cities across the United States next summer. On Thursday, U.S. Soccer and CONCACAF, soccer's regional governing body, announced the final venues winnowed down from the list of two dozen interested markets released in January.

Tuesday, November 17th 2015 - 08:37 UTC

Venezuela claims Maduro's nephews held in the US on cocaine smuggling charges were 'kidnapped'

In the first direct government comment on the case, Diosdado Cabello said it was an attempt by Washington to discredit Venezuela before the elections.

Two men said to be relatives of Venezuelan President Nicolas Maduro who are being held in the United States on cocaine smuggling charges were “kidnapped,” a senior member of the ruling Socialist Party said on Monday.

Saturday, November 14th 2015 - 11:07 UTC

Venezuela's First Lady nephews unveil drug trafficking before New York court

The case comes three weeks before key legislative elections that opinion polls suggest could hand Venezuela's ruling party its worst defeat in 16 years

Two nephews of Venezuela's powerful first lady were ordered held without bail in New York on Thursday after being arrested in Haiti on charges of conspiring to smuggle 800 kilograms of cocaine into the U.S.

Thursday, November 12th 2015 - 10:04 UTC

Brazil increases soybean forecast output to 102.8m tons for the 2015/16 season

Growers may reap between 101.2 million to 102.8 million metric tons of the oilseed in the 2015-2016 season, Conab said this week.

The Brazilian government increased its forecasts for what’s already expected to be a record season for soybean output and exports as farmers expand the planted area while yield prospects rise on above-average rainfall.

Thursday, November 12th 2015 - 07:29 UTC

Nephews of Venezuela's First Lady face US drug trafficing charges

The two men are due to appear before a federal judge in New York on Thursday. Venezuela has not commented on the reported arrests

Two nephews of Venezuela's first lady have been arrested in Haiti and taken to the US to face drug trafficking charges, US media reports say. Franqui Francisco Flores-de Freitas and Efrain Antonio Campo-Flores are accused of conspiring to smuggle 800kg of cocaine into the United States.

Tuesday, November 10th 2015 - 06:49 UTC

Another can of worms in Petrobras: 1.2bn dollars for a century old Texas refinery

Petrobras paid $1.2bn for the nearly century-old refinery complex, almost 30 times the amount the Belgian company Astra Oil purchased it for in 2005

Brazilian officials are investigating allegations that Petrobras overpaid hundreds of millions of dollars for the Pasadena, Texas, refinery and funneled money into a massive kickback scheme that's led to dozens of convictions and arrests and fueled calls for the impeachment of president Dilma Rousseff, who chaired the company until 2010.

Saturday, November 7th 2015 - 08:18 UTC

US unemployment drops to 5%; Fed expected to raise rates in December

Earlier this week, Janet Yellen, chair of the Fed, told a Congressional committee that a rise in US interest rates in December was “a live possibility”.

Expectations of a rise in US interest rates in December have soared following a stronger-than-expected jobs report. The US economy added 271,000 jobs in October, far exceeding the 185,000 jobs that economists had forecast.


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