The United Stated Department is reviewing the leaked documents from a Panamanian law firm that reveal the offshore financial arrangements of global politicians and public figures, a department spokesman said on Monday. The department is determining whether the documents point to evidence of corruption and other violations of US law.
Politicians from seven parties in Brazil were named as clients of a Panama-based firm at the center of a massive data leak over possible tax evasion, O Estado de S.Paulo said on Monday.
The unemployment rate in Magallanes extreme south region of Chile recorded 1.8% in the December-February quarter according to the country's Statistics Institute, INE, which compares favorably with 2.8% in the previous quarter and the national rate of 5.9%.
The growth of Arctic sea ice this winter recorded the lowest maximum level on record, prompting fears of faster climate change than previously expected. Unusually warm temperatures were said to be responsible for the shrinkage.
Hans-Dietrich Genscher, a widely respected German elder statesman who helped break down international resistance to the 1990 reunification of East and West Germany, died on Thursday at his home near Bonn. He was 89. His office confirmed the death, saying he had been stricken by heart failure. Bonn was West Germany’s capital during the Cold War.
Argentina’s Army Chief Diego Luis Suner said on Saturday that the “Malvinas cause” continues to be a “national, standing and inalienable objective” of the Argentine people. The statement was made on the 34th anniversary of the South Atlantic conflict that was triggered by the Argentine military invasion of the Falklands in 1982.
Brazil's embattled oil company Petrobras said it will launch a voluntary layoff program to cut an estimated 12,000 jobs in a bid to save up to 33 billion reais ($9.20 billion) by 2020. The program will cost 4.4 billion reais and is open to all employees, according to a statement from Petrobras, which has been hard hit by low oil prices, refinery project problems and a massive price-fixing, bribery and political kickback scandal.
”There's not going to be a single day in the four years of (President Mauricio Macri) government in which we will not continue to fight for our rights in the South Atlantic”, said Argentine Interior minister Rogelio Frigerio during the April 2 commemoration of Malvinas war veteran and Fallen Day in Ushuaia, Tierra del Fuego.
Troubled Brazilian construction company Odebrecht SA plans to sell about 12 billion reais (US$3.4 billion) in assets to help meet its debt obligations, according to the builder’s chief executive officer. The company had a gross debt of 85 billion reais in 2014, the most recent figure available, but much of it is long-term debt and the biggest payments start only in 2025, Odebrecht CEO Newton de Souza said in an interview published Friday in the Folha de S. Paulo newspaper.
The US economy added 215,000 jobs in March, a little less than it did in February when 242,000 jobs were created. The unemployment rate has risen to 5% from 4.9%, which was an eight-year low, but the Labor Department said more Americans were finding jobs, which suggested a sign of confidence in the US economy. In effect this follows the report on the US economy which grew at an annualized rate of 1.4% in the fourth quarter of 2015s.