Stories for August 2017

Tuesday, August 8th 2017 - 17:12 UTC
Brazilian Attorney General describes president Temer as a “thug”

Brazil’s attorney general strongly criticized Congress’ lower house on Monday for voting against putting President Michel Temer on trial for bribery, adding that plea bargains being negotiated could lead to charges of racketeering and obstruction of justice.
Tuesday, August 8th 2017 - 17:05 UTC
Greenspan warns of a bubble in the bond market: low interest rates about to end

Former Federal Reserve Chairman Alan Greenspan issued a bold warning that the bond market is on the cusp of a collapse that also will threaten stock prices. The longtime central bank chief said the prolonged period of low interest rates is about to end and, with it, a bull market in fixed income that has lasted more than three decades.
Tuesday, August 8th 2017 - 16:25 UTC
Gibraltar does not rule out a third sovereignty referendum, if the need arose

The Gibraltar Government would consider holding a third referendum on the issue of sovereignty if the need arose, Chief Minister Fabian Picardo said in an interview with the Gibraltar Chronicle, even as he acknowledged “a change of tone” in Spain’s approach to the Rock.
Tuesday, August 8th 2017 - 16:16 UTC
Lib/Dem will join massive anti/Brexit protest outside Conservative conference in Manchester

Liberal Democrats will abandon political party protocol by joining pro-EU campaigners to protest against Brexit outside this year’s Conservative Party Conference. Activists are planning to stage one of the biggest marches in opposition to Britain leaving the EU when the Tories stage their annual conference in Manchester in October.
Tuesday, August 8th 2017 - 15:41 UTC
Markets (and investors) in Argentina waiting for Sunday primary results

The technical tie for the Senate seat in the province of Buenos Aires is being closely followed by the business community and potential investors in Argentina, fearing that a victory by ex president Cristina Fernandez over the candidate sponsored by president Mauricio Macri, could be interpreted as a longing for the hand-out and subsidies policies of Kirchnerism and rejection of the current economic reforms which have yet to deliver enough jobs and stable prices.
Tuesday, August 8th 2017 - 15:19 UTC
Hackers storm dozens of Venezuela websites, following the failure of “Operation David”

Supporters of Venezuelan president Nicolas Maduro marched in Caracas on Monday in support of a newly created constitutional assembly as hackers took down dozens of state websites to show their backing for a pre-dawn armed assault on a military base the day before.
Tuesday, August 8th 2017 - 15:02 UTC
Italy and France clash on control of Europe's cruise shipbuilding industry

France said it was ready to seek other buyers for its biggest shipyard should Italy refuse a 50-50 ownership split, before both countries pledged to find a solution next month. French Economy Minister Bruno Le Maire, told the Corriere della Sera daily that a deal with Fincantieri might not be thrashed out.
Tuesday, August 8th 2017 - 08:54 UTC
Royal Mint will supply Argentina with 150 million Peso coin blanks

UK’s Royal Mint will supply Argentina with 150 million peso coins, after the institution won a contract to assist with the minting of a new coin series. Announced on social media by UK chancellor Philip Hammond, the mint will work closely with its Argentine counterpart – Sociedad del Estado Casa de Moneda – to produce blanks for the new coin series.
Tuesday, August 8th 2017 - 08:14 UTC
Corbyn condemns “violence by all sides”, but avoids criticizing Maduro

Jeremy Corbyn has condemned the “violence done by all sides” in the Venezuela conflict but stopped short of criticising president, Nicolas Maduro.
Tuesday, August 8th 2017 - 07:49 UTC
Latin American foreign ministers will address Venezuelan situation in Peru

Latin American foreign ministers are scheduled to hold an extraordinary meeting this Tuesday in Lima to address the current state of affairs in Venezuela, Peruvian foreign minister Ricardo Luna announced.