Stories for 2017

Saturday, July 8th 2017 - 23:32 UTC
Brazil plans to overhaul power market to eliminate money losing subsidiaries

Brazil has announced plans to overhaul the power market which could lead to higher rates and rid the state controlled Electrobras utility of money losing subsidiaries.
Saturday, July 8th 2017 - 22:08 UTC
Leopoldo Lopez released from prison to house arrest

Venezuelan opposition leader Leopoldo Lopez, whose imprisonment has been a rallying cry for anti-regime demonstrators, has been released to house arrest because of health concerns, the nation's Supreme Court said Saturday morning. Lopez has been detained since early 2014 over accusations of inciting anti-government protests.
Saturday, July 8th 2017 - 10:52 UTC
Harvard University selling timberland in Uruguay; endowment unloading natural resources assets

Harvard University is trying to sell timberland located in Uruguay worth about US$120 million, including a eucalyptus forest, as the endowment moves to unload natural resources assets to boost the fund’s performance, according to a report from Bloomberg.
Saturday, July 8th 2017 - 10:30 UTC
Falklands and seven BOT's at House of Lords' EU committee to discuss Brexit

The House of Lords EU Committee will next week take evidence from representatives of eight of the British Overseas Territories as its scrutiny of the impact of Brexit continues. Among the territories taking part in the session and giving evidence to the committee will be Bermuda, British Virgin Islands, Falkland Islands, Montserrat and St Helena.
Saturday, July 8th 2017 - 10:12 UTC
Canning House to host round table with UK ambassadors from Southern Cone

British Ambassadors to the Southern Cone countries, Argentina, Brazil, Uruguay and Chile will be attending Canning House to give round-table briefings on their experiences since their recent appointments to their respective posts. They will present the latest political, economic and business updates from those countries and answer any questions during the closed round-table session.
Saturday, July 8th 2017 - 09:54 UTC
U.S. adds 220.000 jobs in June; unemployment slightly up as more people returns to the jobs market

U.S. employers added 222,000 jobs in June, the most in four months, a reassuring sign that businesses may be confident enough to keep hiring despite a slow-growing economy. The government also revised up its estimate of job growth for April and May by a combined 47,000.
Saturday, July 8th 2017 - 09:41 UTC
Brazilian government prunes the corruption investigation “Operation Car Wash”

Brazil's federal police announced late Thursday that they are shutting down the primary task force assigned to a jumbo corruption investigation, drawing criticism from prosecutors who said it would undermine the probe. The investigation, known as “Operation Car Wash,” is Brazil's largest-ever corruption probe. It has jailed top politicians and business executives and led to allegations against President Michel Temer.
Saturday, July 8th 2017 - 07:44 UTC
Trump and Putin hold “robust” two-and-a-quarter hours discussions and shake hands

Donald Trump and Vladimir Putin discussed on Friday the alleged Russian hacking of last year's US presidential election during their first meeting. US Secretary of State Rex Tillerson described the exchanges as “robust”, and Russian Foreign Minister Sergei Lavrov said Mr Trump had accepted Putin's assertions that his country was not responsible.
Saturday, July 8th 2017 - 01:13 UTC
Macri-May meeting in Hamburg suspended; rescheduling under consideration

The first day of the G20 summit is nearly over, and on Friday afternoon in Hamburg, British Prime Minister Theresa May canceled her solo meeting with Argentine President Mauricio Macri due to “scheduling problems.”
Friday, July 7th 2017 - 17:22 UTC
WHO warns about the spread of gonorrhea, and failure of antibiotics

Oral sex is producing dangerous gonorrhea and a decline in condom use is helping it to spread, the World Health Organization says. It is warning that if you contract gonorrhea, it is now much harder to treat and in some cases impossible.