Stories for November 2017

Thursday, November 2nd 2017 - 08:07 UTC
Ruling party schism in Ecuador, but president Moreno support climbs to 77%

Ecuador's ruling Country Alliance party, founded by former president Rafael Correa over a decade ago, has removed President Lenin Moreno as its head, citing “repeated failures” in leadership, as a schism between the former allies deepens.
Thursday, November 2nd 2017 - 07:44 UTC
Ex FARC leader will run for the presidency of Colombia in 2018

Veteran Farc (Colombian Revolutionary Armed Forces) leader Rodrigo Londono — known as ‘Timochenko’ — will run for the presidency of Colombia next year, with the backing of former Farc rebels, the group’s new political party announced. However, he and other ex-commanders will likely face trials for human rights crimes and it is unclear how they would serve in office if sentenced.
Wednesday, November 1st 2017 - 09:00 UTC
Brazil's central bank puts off signals about next year's interest rate policy

Brazil’s central bank has decided to put off any signals about its 2018 interest rate decisions, the bank said on Tuesday, leaving the door open for lower rates next year as the economy recovers with inflation under control.
Wednesday, November 1st 2017 - 08:53 UTC
Farmers' lobby chief becomes Argentine Agriculture ministry head; ex minister to Brussels to negotiate EU/Mercosur deal

Argentina will replace Agriculture Minister Ricardo Buryaile with Luis Miguel Etchevehere, currently the president of the Argentine Rural Society, the powerful agriculture and livestock industry group, Cabinet Chief Marcos Pena said on Tuesday. Buryaile will next serve as Argentina's ambassador to the European Union.
Wednesday, November 1st 2017 - 08:46 UTC
Argentina unveils plan to slash corporate income taxes to promote investment

Argentina plans to cut corporate income taxes to 25% by 2021 for companies that reinvest profits, it said on Tuesday, part of a wide-reaching tax reform bill intended to accelerate investment in Latin America's no.3 economy. The bill, which would slash taxes for companies willing to reinvest in Argentina from 35%, will be sent to Congress in the coming days, Treasury Minister Nicolas Dujovne said.
Wednesday, November 1st 2017 - 08:27 UTC
Royal Navy forced into “cannibalization” to meet the shortage of spares

The Royal Navy seems to be copying some of its Latin American peers. In effect the shortage of spares for Royal Navy warships and submarines has forced the Ministry of Defense (MoD) to strip parts from the rest of the fleet, the National Audit Office (NAO) has found.
Wednesday, November 1st 2017 - 08:17 UTC
Germany marks the 500th anniversary of the Lutheran Reformation

A special religious service is being held in the German town of Wittenberg to mark the 500th anniversary of the Reformation. On this day, 31 October, in 1517, Martin Luther is said to have nailed 95 theses to the door of All Saints' Church in the town.
Wednesday, November 1st 2017 - 08:02 UTC
Europe prepares to have jets fly with an eco-fuel mix from vegetable oil and animal fat plus kerosene

Jets in Europe will soon run on eco-fuel produced from vegetable oil and animal fat. The new fuel will be mixed with traditional kerosene. According to latest reports, planes running on the mixture of renewable and traditional fuel will start flying next year from Geneva in Switzerland.
Wednesday, November 1st 2017 - 07:52 UTC
Labour pressing UK government to release 58 Brexit impact studies

The British Labour party is seeking to up the pressure on ministers over their refusal to release a series of Brexit impact studies. The government has confirmed that 58 reports looking at different sectors of the economy have been prepared, but is resisting calls to publish them; saying to do so would undermine the UK's negotiating position.
Wednesday, November 1st 2017 - 07:17 UTC
Terrorist attack in Manhattan kills five Argentine tourists

Five of those killed after a terrorist plowed a truck through a Manhattan bike path in New York were Argentine high school pals celebrating three decades of friendship. The Argentine government identified the slain victims as Hernán Mendoza, Diego Angelini, Alejandro Pagnucco, Ariel Erlij and Hernan Ferruchi.