Stories for August 2015

Saturday, August 15th 2015 - 07:08 UTC
Twenty people killed overnight in Sao Paulo, in what seems rogue police vengeance

A least twenty people were killed and seven injured in a wave of Thursday/Friday overnight shootings in Brazil's biggest city, Sao Paulo, some of them gunned down in cold blood as they sat in a bar.Alexandre de Moraes, head of the Sao Paulo state security department, announced the death tally -- originally placed at 20 -- Friday after media reports of a deliberate massacre in the suburbs, possibly by rogue police.
Saturday, August 15th 2015 - 03:15 UTC
Gibraltar to become 'turnaround' cruise port for London based Noble Caledonia

London-based cruise company, Noble Caledonia, has announced the inclusion of Gibraltar as the turnaround port for two of its 2016 itineraries in the area. The news has been welcomed by the Rock's government which said this represented a major breakthrough achieved after years of negotiations by the cruise company’s local agent MH Bland with the support of the Gibraltar Tourist Board.
Friday, August 14th 2015 - 09:58 UTC
China and Asian markets begin to react to new Yuan daily rate-fix policy

Chinese shares rose on Friday as the central bank set the reference rate for the Yuan slightly stronger. The bank set the rate at 6.3975 per dollar compared to Thursday's close of 6.3982.
Friday, August 14th 2015 - 09:44 UTC
Argentina: July inflation 1.92% and 27.15% annually says Congressional index

Argentina's July inflation for the private financial consultants climbed 1.92% and in the last twelve months reached 27.15%, according to the report released in Congress by opposition lawmakers. The so called 'congress index' is an average of the different private consultants which is released monthly by lawmakers to avoid fines and reprisals from government.
Friday, August 14th 2015 - 09:23 UTC
Political ally who can save Rousseff from impeachment wants Brazil out of Mercosur

Renan Calheiros, president of the Brazilian Senate, and the man who could help President Dilma Rousseff avoid impeachment in Congress, has proposed a package of measures to rescue Brazil from its current stagflation, but among his demands is “an end to the customs union of Mercosur”.
Friday, August 14th 2015 - 09:06 UTC
Highest PLO award to Cristina Fernandez for supporting Palestinian state

Palestine Liberation Organization (PLO) chief Saeb Erekat praised Argentine President Cristina Fernandez for her support and recognition of the Palestinian state as he paid tribute to the backing of the region’s leaders.
Friday, August 14th 2015 - 08:45 UTC
Blair warns Labor faces 'annihilation' if it chooses Jeremy Corbyn as leader

Former British prime minister Tony Blair made a dramatic intervention into the debate over the future leadership of the Labor Party this week, warning Labour voters that the party faces “annihilation” if it chooses Jeremy Corbyn as leader.
Friday, August 14th 2015 - 08:32 UTC
UK to protest to Ecuador for harboring Assange; policing the embassy has cost 18.8m dollars

The UK is to make a formal protest to the government of Ecuador over the country's decision to “harbor” Julian Assange, the Foreign Office has said. The Wikileaks co-founder sought asylum at London's Ecuadorean embassy in 2012 to avoid extradition to Sweden.
Thursday, August 13th 2015 - 07:40 UTC
The Economist group strengthens independence through share buy-back

The Economist Group announced on 12 August 2015 that it will buy back 5.04m ordinary shares (20% of total share capital) from Pearson plc for £182m. Pearson’s remaining shares in the Group will be acquired by Exor for £287m, including all of its 1.26m B shares and 6.3m ordinary shares (30% of total share capital).<br />
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Thursday, August 13th 2015 - 07:32 UTC
Rousseff gets an extra 15 days to explain she did not doctor public accounts

President Dilma Rousseff got an extra 15 days on Wednesday to respond to allegations that she doctored public accounts last year, delaying a decision by a court that could pave the way for the populist leader's impeachment.