Stories for February 11th 2017

Saturday, February 11th 2017 - 13:29 UTC
German top banker warns London could lose role as gateway to Europe's financial hub

One of Germany's most senior banking regulators has warned London that it is likely to lose its role as “the gateway to Europe” for vital financial services. Dr Andreas Dombret, executive board member for the German central bank, the Bundesbank, said that even if banking rules were “equivalent” between the UK and the rest of the European Union that was “miles away from access to the single market”.
Saturday, February 11th 2017 - 10:52 UTC
Fears police strike and street violence could spread to Rio do Janeiro

A partial police shutdown over unpaid wages put Rio de Janeiro on edge Friday, sparking fears of chaos similar to that seen in a neighboring Espirito Santo state where police are in revolt and criminals have run amok. Morale among street police is low as a result of nearly bankrupt Rio state's inability to pay full wages, as well as brutal crime fighting that has seen more than 3,000 officers killed in Rio since 1994.
Saturday, February 11th 2017 - 10:40 UTC
Malcorra hopes to meet Tillerson and arrange a Trump/Macri summit

Argentine foreign minister Susana Malcorra said that she will be meeting Secretary of State Rex Tillerson and expects to advance in arranging a meeting between presidents Donald Trump and Mauricio Macri, as had been agreed when the two spoke on the phone in late November.
Saturday, February 11th 2017 - 08:44 UTC
Falklands lawmaker meets PM May; OTs Brexit discussions in London

Falkland Islands Member of the Legislative Assembly, Michael Poole has had a busy week in London which included a visit to Number 10 Downing Street where he met Prime Minister Theresa May.
Saturday, February 11th 2017 - 08:20 UTC
Trump pledges to honor the “One China” following a phone call with President Xi

US President Donald Trump has climbed down on past threats and agreed to honour the so-called “One China” policy. He backed the long-standing agreement during a call with Chinese President Xi Jinping, the White House said. The One China policy states that there is only one Chinese government.
Saturday, February 11th 2017 - 07:51 UTC
Brexit Bill faces Lords' battle, where Tories do not have a majority

Prime Minister Theresa May will face a parliamentary battle to get her Brexit Bill through the House of Lords as Labour launched its effort to rewrite the legislation. The House of Commons overwhelmingly backed legislation allowing the PM May to formally begin Brexit without altering it, but the British Government will face a stiffer test in the Lords where the Tories do not have a majority.
Saturday, February 11th 2017 - 07:36 UTC
Mercosur meeting in March to address internal tariffs and Mexico

Mercosur foreign ministers will be meeting next March 9 in Buenos Aires in the framework of Argentina's pro tempore chair and following on the Argentine/Brazilian presidents recent meeting when it was decided to give the group a new thrust taking advantage of the new world scenario.
Saturday, February 11th 2017 - 07:14 UTC
UK's “exit bill” £ 48 billion? “It would be like leaving a bar without paying for your drinks”

The European Commission has refused to discuss the size of the “exit bill” to be handed to the UK when it withdraws from the EU, amid reports the demand has been fixed at around £48 billion.