United States

United States
Tuesday, July 26th 2016 - 17:42 UTC

Nephews of Venezuela's First Lady confess to trying to smuggle 800 kilos of cocaine to the US

Efraín Campo and Francisco Flores were arrested last November in Haiti in a sting operation coordinated by the Drug Enforcement Administration.

Two nephews of Venezuela’s powerful first lady Cilia Flores, confessed to trying to smuggle 800 kilograms of cocaine into the US, according to prosecutors in the politically-charged case. The court filings by prosecutors shed new light on the case that has sounded alarm bells about high-level corruption and drug trafficking by Venezuela’s political elite at a time of increasing economic and political turmoil in the country.

Wednesday, July 13th 2016 - 06:58 UTC

G20 trade ministers Shanghai meeting question China's industries overcapacity

 “We agree that we need to do more to achieve our common objectives for global growth, stability and prosperity.” said China’s Commerce Minister Gao Hucheng

In the face of a “worrying” rise in protectionism, trade ministers from the world’s major economies have agreed to cut trade costs, increase policy coordination and enhance financing, China’s Commerce Minister Gao Hucheng announced at the closing of the Group of 20, G20, meeting in Shanghai.

Wednesday, July 13th 2016 - 06:30 UTC

HSBC 2012 money laundering was so great that if charged it could have led to 'a global financial disaster'

The bank, which has its headquarters in London, paid a US$1.92bn settlement but did not face criminal charges . No top officials at HSBC faced any charges.

United States officials refused to prosecute HSBC for money laundering in 2012 because of concerns within the Department of Justice that it would cause a “global financial disaster”, a report says. A US Congressional report revealed UK officials, including Chancellor George Osborne, added to pressure by warning the US it could lead to market turmoil.

Monday, July 11th 2016 - 07:21 UTC

US employment rebounds strongly during June

Manufacturing employment rose by 14,000, there were 29,900 more jobs in the retail sector, and the leisure and hospitality sectors gained 59,000 jobs

US economy created 287,000 jobs in June, rebounding strongly from disappointing growth in May. The figure was much stronger than forecast, and the dollar and yields on US government bonds rose in the belief a US rate rise was now more likely.

Monday, July 11th 2016 - 07:16 UTC

Lord Prescott admits Iraq war was “illegal” and a “catastrophic decision”

Writing in the Sunday Mirror, Lord Prescott said he would live with the “catastrophic decision” for the rest of his life.

John Prescott, who was deputy prime minister when Britain went to war with Iraq in 2003, says the invasion by UK and US forces was “illegal”. Writing in the Sunday Mirror, he said he would live with the “catastrophic decision” for the rest of his life.

Monday, July 11th 2016 - 06:12 UTC

Disenchantment with Trump and Hillary makes room for an alternative candidate, shows Reuters/Ipsos poll

Poll shows 21% of likely voters will not back Trump or Clinton in the November presidential election.

A public opinion poll from Ipsos, contracted and publishes by Reuters shows that United States citizens demand for an alternative to the two main presidential candidates has surged since the last election, underscoring the unpopularity of Republican Donald Trump and Democrat Hillary Clinton.

Saturday, July 9th 2016 - 09:29 UTC

Ex Guantanamo Diyab could be in Brazil, but he “is not infringing the law or on the run”

Diyab is believe to be in the Uruguay-Brazil border twin cities which has a long resident Middle East population

Jihad Ahmad Diyab, the ex Guantanamo Syrian inmate which was liberated and given refuge in Uruguay, and apparently recently crossed the border to neighboring Brazil “has not infringed any law” and is “not on the run”, according to Christian Mirza who acts as a link between the Uruguayan government and the ex Guantanamo prisoners accepted by Uruguay at the end of 2014.

Saturday, July 9th 2016 - 07:26 UTC

Uruguay wins lead case against Philip Morris over strict anti-tobacco law

“The Uruguayan state has emerged victorious and the tobacco company's claims have been roundly rejected,” President Tabare Vasquez said in national television

Uruguay won on Friday an arbitration case against US tobacco giant Philip Morris, which sued the state claiming its strict anti-tobacco law harmed the cigarette maker's business, both sides said. Philip Morris argued that Uruguay had violated terms of a bilateral investment treaty with Switzerland, where it has its main headquarters.

Saturday, July 9th 2016 - 06:15 UTC

International anti tobacco philanthropies hail Uruguay´s legal victory against Philip Morris

“This is a major victory for the people of Uruguay, it shows countries everywhere can stand up to tobacco companies and win”, said Michael R Bloomberg

In a historic public health victory that will be felt around the world, Uruguay has won an international legal battle against Philip Morris International to uphold its strong laws to reduce tobacco use. The event was underlined by international philanthropies, which also supported Uruguay during the litigation.

Friday, July 8th 2016 - 09:47 UTC

Macri extends business tour to Idaho for a techno conference presided by Bill Gates

Among the attendants are Bill and Melinda Gates (Microsoft), Larry Page (Google), Mark Zuckerberg (Facebook), media magnate Rupert Murdoch

Following his business promoting visit to France, Belgium and Germany, Argentine president Mauricio Macri is attending the Sun Valley Conference in the city of Idaho, United States, which is presided over by Microsoft creator Bill Gates.

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