Stories for May 16th 2017

Tuesday, May 16th 2017 - 10:46 UTC
Argentina joins Beijing's OBOR initiative to promote trade and peace; Macri begins official visit to China

Argentina is a great producer of food commodities and is capable of feeding 400 million people, president Mauricio Macri said addressing in Beijing the One Belt One Road, OBOR, international cooperation summit, the Chinese initiative to promote peace and trade, which convened 29 world leaders from all continents.
Tuesday, May 16th 2017 - 10:34 UTC
China convenes 29 world leaders to launch its Silk Road plan to forge peace and free trade

Chinese President Xi Jinping pledged US$124 billion for his ambitious new Silk Road plan to forge a path of peace, inclusiveness and free trade, and called for the abandonment of old models based on rivalry and diplomatic power games.
Tuesday, May 16th 2017 - 10:04 UTC
Brazil states RAF Hercules flights from or to Falklands are “humanitarian motivated”

The Brazilian government discards any “irregularities” in allowing British military aircraft, flying to or from the Falkland Islands, landing in its airports since the authorizations are humanitarian motivated, revealed a source from the Brazilian government to the Argentine news agency, Telam.
Tuesday, May 16th 2017 - 08:17 UTC
Argentina to issue US$ 20bn in sovereign bonds as part of 2017 financial program

Argentina has authorized the sale of US$20 billion in sovereign bonds to be issued under U.S. and British law, according to a decree published in the government gazette on Monday. The bond issuance, to take place under opportune market conditions, is part of the government's 2017 financial program.
Tuesday, May 16th 2017 - 08:13 UTC
Temer admits not having the votes to pass the pension reform bill: investors edgy

Brazilian President Michel Temer acknowledged on Monday that he may not have the votes at present to pass his pension reform bill in the lower house of Congress, and the key measure for fiscal savings might not face a floor vote until late May.
Tuesday, May 16th 2017 - 08:05 UTC
Majority of US citizens want an “independent investigation” into Trump-Russia links, shows Reuters/Ipsos poll

A majority of US citizens including a growing number of Republicans, want to see an “independent investigation” sort out any connections between Russia and President Donald Trump during the 2016 election campaign, according to a Reuters/Ipsos opinion poll released on Monday.
Tuesday, May 16th 2017 - 07:52 UTC
Generational shift in France: Macron names a Conservative, 46, prime minister

In his first major decision, newly inaugurated French President Emmanuel Macron has named conservative lawmaker Edouard Philippe as prime minister. Philippe has been the mayor of Le Havre, a port city in the Normandy region of northern France, since 2010 and became a member of parliament for the region two years later.
Tuesday, May 16th 2017 - 07:32 UTC
JP Morgan buys new office building in Dublin which can accommodate 1.000 staff

JP Morgan, the US investment bank, has bought a new office building in Dublin that can accommodate up to 1,000 staff. The bank said the purchase reflected its thriving existing business in Dublin, where it employs 500 staff, however the new office may provide space for hundreds of JP Morgan workers that it plans to relocate from London following the Brexit decision.
Tuesday, May 16th 2017 - 07:28 UTC
Mexican leading investigative journalist in combating drug traffickers is shot dead

Award-winning Mexican journalist Javier Valdez has been shot dead in the north-western state of Sinaloa. He was killed when unidentified attackers opened fire on his car in the city of Culiacan where Valdez was working, the RioDoce website reports.
Tuesday, May 16th 2017 - 07:13 UTC
Macron and Merkel's “joint conviction” of the need to “deepen the European Union”

France's new president, Emmanuel Macron, has called for a “historic reconstruction” of Europe, saying it is “the only reaction” to fight populism. Speaking in Berlin on the first full day of his presidency, he was joined by German Chancellor Angela Merkel, who said the pair had a “joint conviction” that they needed to “deepen the European Union”.