Stories for March 2016

Friday, March 11th 2016 - 05:18 UTC
Brazil's Odebrecht network of alleged bribery practices investigated in several Latin American countries

Argentina is investigating whether the local unit of Brazil's Odebrecht paid bribes to government officials, an Argentine prosecutor said this week, deepening the regional fallout from the biggest corruption scandal in Brazil’s history.
Thursday, March 10th 2016 - 21:28 UTC
Catches of Peruvian giant squid are showing a slow recovery: shift of oceans winds

Catches of Peruvian giant squid (Dosidicus gigas) are showing a slow recovery, something that has long been awaited not only by local fishermen and industrialists, but also by the largest processors in Europe and Asia.
Thursday, March 10th 2016 - 06:47 UTC
Prosecutors ask for Lula da Silva to be placed under formal investigation

Prosecutors in Brazil asked Wednesday that powerful ex-president Luiz Inacio Lula da Silva, who was questioned this week in a huge corruption probe, be placed under formal investigation. The press service of the Sao Paulo state prosecutors' office said precise details of the request were not yet known and that a news conference would be held Thursday.
Thursday, March 10th 2016 - 06:26 UTC
Falklands' sovereignty issues has been solved, says MLA Phyllis Rendell

The member of the Falklands/Malvinas legislative assembly Phyllis Rendell on a private visit to Paraguay openly stated that the South Atlantic archipelago claimed by Argentina is a British Overseas Territory and underlined that the sovereignty issue was settled with a war between the two sides over thirty years ago.
Thursday, March 10th 2016 - 05:49 UTC
CEO Galuccio confirms he's leaving YPF and pledges “ordered transition”

Miguel Galuccio confirmed he will be resigning as Argentina's YPF CEO and said he will guarantee an “ordered transition” ahead of the appointment of his successor. In a statement released on Wednesday, Galuccio said he will remain in his position until the upcoming Ordinary Shareholders Assembly takes place. He is expected to leave the state-run company after April 30.
Thursday, March 10th 2016 - 05:40 UTC
American Airlines axes Caracas New-York until market conditions improve

American Airlines said this week it will ax its Caracas to New York route on April 4 due to low demand just over three months after reinstating it. The surprise move comes amid a years-long battle between American Airlines Group and the Venezuelan government in which the world's largest airline says it has not been able to repatriate revenue.
Thursday, March 10th 2016 - 05:26 UTC
Murdoch and The Sun gets the Queen involved in the Brexit debate

Buckingham Palace said it had launched an official complaint with Britain's press watchdog on Wednesday over a newspaper report that Queen Elizabeth backs a British exit from the European Union, saying the monarch remains politically neutral.
Thursday, March 10th 2016 - 05:18 UTC
Argentine construction chamber admits 54.000 jobs losses in a “complicated transition”

Argentina's Construction Chamber president Juan Chediack said 54,000 jobs have been lost in the sector since December. In statements to a local radio, Chediack pointed out the drop in construction jobs was a result of two factors: ”2015 fiscal deficit that provoked the nonpayment of works, and high inflation that pretty much stopped private developments, which are important job engines.”
Thursday, March 10th 2016 - 05:03 UTC
United States joins worldwide effort against illegal fishing

The United States has brought added momentum to global efforts targeting illegal fishing by adhering to a FAO-brokered international pact.US Ambassador to the United Nations agencies in Rome, David Lane, this week formally presented FAO Director-General José Graziano da Silva with the US' instrument of ratification of the Agreement on Port State Measures to Prevent, Deter and Eliminate Illegal, Unreported and Unregulated Fishing.
Thursday, March 10th 2016 - 03:59 UTC
Spain's Socialists would continue “dialogue and friendship” with Gibraltar even with Brexit

Spain’s Socialist party would continue to advocate “dialogue and friendship” with Gibraltar even if the UK voted to leave the European Union, the PSOE’s MP for Cádiz said during a visit to the Rock.