Stories for April 29th 2014

Tuesday, April 29th 2014 - 21:24 UTC
IATA calls on Venezuela to honor payment of airline funds, totaling 3.9bn

The International Air Transport Association (IATA) called on the Venezuelan government urgently to honor its commitment made in March to permit the repatriation of 3.9 billion dollars of airline funds at fair exchange rates. The funds are from sales of airline tickets in Venezuela and are being held in contravention of international treaties.
Tuesday, April 29th 2014 - 06:37 UTC
Brazilian coalition members want 'Lula back' for October's election

At least twenty members of Brazil's Lower House belonging to the ruling coalition have formally asked for the return of former president Lula da Silva as candidate for next October's election given 'the current economic situation of the country', which in practical terms means dumping Dilma Rousseff's re-election pretensions.
Tuesday, April 29th 2014 - 06:31 UTC
Argentina and Brazil plan to prop economies by stimulating the auto industry

Argentine Economy Minister Axel Kicillof and Industry Minister Débora Giorgi fly to Brasilia on Tuesday in a bid to swing the automobile trade balance in Argentina’s favor, with the sector accounting for the majority of a total 3.15 billion dollars trade deficit. From Brazil Finance minister Guido Mantega confirmed bilateral discussions on the auto industry and exports.
Tuesday, April 29th 2014 - 06:27 UTC
Pope/Cristina Fernandez relation is 'fluid and direct with no intermediaries'

The relationship between Argentine President Cristina Fernández and Pope Francis “is fluid and direct” with a “permanent dialogue and no intermediaries,” Religion Secretary Guillermo Oliveri told a Buenos Aires radio on Monday from Rome, where he attended Sunday's canonization ceremonies for John Paul II and John XXIII.
Tuesday, April 29th 2014 - 06:20 UTC
Timerman in Israel to rebuild relations deteriorated because of Iran accord

Argentine Foreign Minister Héctor Timerman began a two-day visit to Israel on Monday that aims to strengthen the diplomatic ties weakened last year after the signature in Buenos Aires of the memorandum of understanding with Iran for the investigation of AMIA bombing.
Tuesday, April 29th 2014 - 06:15 UTC
Overwhelming support for Dani Alves from FIFA, fellow players and Dilma

FIFA president Joseph Blatter and several top players came out in support Monday of Barcelona right-back Dani Alves, who ate half of a banana that was thrown at him in a racist gesture a day earlier during his side's 3-2 win at Villarreal.
Tuesday, April 29th 2014 - 06:09 UTC
Buses torched in Rio after a youth dies in shootout with the police

Residents of a northern suburb of Rio do Janeiro torched five buses Monday shortly after a 17-year-old youth died in a shootout between criminals and police, Brazilian media reported. The incident again put a harsh spotlight on security in the country, just six weeks before Brazil hosts the football World Cup, with Rio staging seven matches including the July 13 final.
Tuesday, April 29th 2014 - 06:03 UTC
Three former Barclays employees charged with manipulation of Libor rate

Three former employees of Barclays have been charged in connection with the alleged manipulation of the London Interbank Offered Rate (Libor). The Serious Fraud Office, SFO, said Jay Vijay Merchant, Alex Julian Pabon and Ryan Michael Reich had been charged for “conspiracy to defraud”.
Tuesday, April 29th 2014 - 06:00 UTC
The Houblon £50 notes 20-year cycle ends next Wednesday says BoE

The £50 note featuring the first governor of the Bank of England, Sir John Houblon, will be withdrawn on Wednesday after 20 years in circulation. From that time, only the £50 banknote featuring Matthew Boulton and James Watt, which was introduced in 2011, will hold legal tender status.