Stories for May 10th 2016

Tuesday, May 10th 2016 - 18:31 UTC
Apologizes to the Brazilian people, and pledges to return US$ 280 million from a major construction contractor

Andrade Gutierrez, the second largest public works contractor in Brazil is to make public an “apology to the Brazilian people” for the illegal actions in the public construction contracts investigated by the Brazilian Federal Police's Lava Jato operation, reports Folha de Sao Paulo.
Tuesday, May 10th 2016 - 17:47 UTC
Rousseff's impeachment process back on track: Senate votes on Wednesday

Brazilian President Dilma Rousseff's impeachment process and possible suspension from office is back on track after the acting speaker of the Lower House, Waldir Maranhao repented and withdrew his controversial decision to annul an April 17 impeachment vote.
Tuesday, May 10th 2016 - 08:55 UTC
Macri strikes deal with business leaders to suspend layoffs but Congress criticizes

Argentine President Mauricio Macri has struck a temporary deal with local businessmen and some unions to suspend layoffs for 90 days. Macri's announcement of the deal on Monday comes as job cuts and high inflation rate are worrying many Argentines and Congress is in the process of approving an anti-layoffs bill that doubles severance pay and bans layoffs without cause for 180 days.
Tuesday, May 10th 2016 - 08:42 UTC
Keiko with slight lead over Kuczynski ahead of Peruvian presidential runoff

Peruvian presidential contender Keiko Fujimori has a slight lead over rival Pedro Pablo Kuczynski ahead of the June 5 run-off election, according to a poll published on Sunday. The two pro-business candidates emerged from a first round election on April 10.
Tuesday, May 10th 2016 - 06:56 UTC
Brazil's political adrift situation shocks markets but is a plum day for speculators

Brazilian markets weakened on Monday after the acting lower house speaker in Brazil's Congress annulled an impeachment vote, though losses were pared as investors bet the move would delay rather than prevent leftist President Dilma Rousseff's removal from office.
Tuesday, May 10th 2016 - 06:38 UTC
Brazil's Byzantine politics: clash between senior lawmakers extends power vacuum

Brazil's Senate forged ahead with impeachment proceedings against President Dilma Rousseff on Monday, rejecting a surprise decision by the acting speaker of the lower house, who tried to annul a key vote just days before the president could be suspended from office.
Tuesday, May 10th 2016 - 06:18 UTC
Leaving the EU would be disastrous for the Falklands, Gibraltar and Ulster

By William Hague - Among the most inspiring experiences of my time in politics was meeting people who, in spite of great pressure to the contrary, chose to be British.
Tuesday, May 10th 2016 - 06:03 UTC
Lawmakers planning to remove House acting speaker who annulled Rousseff's impeachment process

Waldir Maranaho's acting speaker post in Brazil's Lower House and his decision to annul the April 17 impeachment procedure vote against Dilma Rousseff, could be on the fire line, and even the countdown, following on fourteen parties decision to impede him from acting, according to Veja, Brazil's leading magazine.