Stories for November 3rd 2017

Friday, November 3rd 2017 - 12:03 UTC
Former Argentine VP Amado Boudou arrested

Following orders from Federal Judge Ariel Lijo, Argentine Coast Guard officers placed Cristina Fernandez de Kirchner's second vice president Amado Boudou under arrest early Friday for illicit enrichment.
Friday, November 3rd 2017 - 08:12 UTC
Ex members of Catalonian government jailed by Spanish prosecution; Puigdemont remains in Belgium

A Spanish judge has ordered nine ex-members of the government in Catalonia jailed while they are investigated on possible charges of sedition, rebellion and embezzlement.
Friday, November 3rd 2017 - 08:08 UTC
Foreign Secretary commits support for freedom of expression projects

Foreign Secretary Boris Johnson has committed (Thursday 2 November) UK support for freedom of expression projects in countries where press freedom is curtailed.
Friday, November 3rd 2017 - 07:58 UTC
Maduro announces “restructuring of all future debt payments”; default round the corner?

Venezuela on Thursday announced plans to restructure its burgeoning foreign debt, a move that may lead to a default by the cash-strapped OPEC nation whose collapsing socialist economy has left its population struggling to find food and medicine.
Friday, November 3rd 2017 - 07:52 UTC
EU support: Argentina sells 30-year Euro bond, first time in history

Argentina finalized its foreign bond sale plan for 2017 on Thursday, selling 2.75 billion Euros in three bonds in an offering that was more than four times oversubscribed, the Finance Ministry said in a statement.
Friday, November 3rd 2017 - 07:45 UTC
Macri's ambitious infrastructure investment plan begins with 7.700kms of roads

Argentina hopes to attract US$26.5 billion in infrastructure investments through 2022 in the form of public-public private partnerships (PPPs), government officials told a gathering of construction and finance executives this week.
Friday, November 3rd 2017 - 07:37 UTC
Bank of England's first interest rate increase in a decade; Brexit impact hovers over future decisions

The Bank of England has raised interest rates for the first time in a decade to contain an increase in inflation stoked by the Brexit vote, in what is otherwise a moment of high uncertainty for the economy. In a statement Thursday, the bank said it had lifted its benchmark rate, which affects the cost of loans and savings rates in the wider economy, to 0.50% from the record low of 0.25%.
Friday, November 3rd 2017 - 07:25 UTC
Falklands calamari prices recover significantly as second season catch is below market expectations

Recent reports in trade journals that abundant catches during 2017 were depressing Falkland Islands loligo prices were challenged this week by local sources concerned with the fishing industry.
Friday, November 3rd 2017 - 07:08 UTC
Brazilian electorate divided on Lula: half want him as president and the other half in jail

Half of Brazilians want former President Lula da Silva to win next year's election and return to the office he occupied between 2003 and 2010. The other half wants him in prison for a corruption conviction.
Friday, November 3rd 2017 - 07:02 UTC
'Cronus' Williamson new Defense Secretary: strength or weakness of PM May's cabinet?

British Prime Minister Theresa May named Gavin Williamson defence secretary on Thursday after his predecessor, Michael Fallon, became the first casualty of a deepening scandal in British politics. Williamson, 41, is a trusted ally of the prime minister whose former job as chief whip involved enforcing discipline for May's Conservative Party in parliament.