Stories for 2017

Friday, March 31st 2017 - 04:39 UTC
Rousseff's “hangman” sentenced to 15 years in prison for corruption

A federal court sentenced Brazil’s former speaker of the Lower House, Eduardo Cunha, to more than 15 years in prison on Thursday for corruption, making him the highest-profile political conviction yet in the “Operation Car Wash” scandal. The former politician’s defense team said they would appeal the decision but Cunha will remain imprisoned pending appeal.
Thursday, March 30th 2017 - 15:39 UTC
Deutsche Bank reaffirms commitment with the City of London

Deutsche Bank has committed to moving to a new office in London, at a time when banks are assessing their place in the capital ahead of Brexit. Germany's biggest lender is in exclusive talks for a 25-year lease on a new building.
Thursday, March 30th 2017 - 10:37 UTC
Chile Day in London next June; UK ambassador underlines importance of free trade

The announcement that Chile Day will take place in London in June 2017 is good for the United Kingdom and for Chile, boosting trade and investment between our two nations, said British ambassador in Santiago, Fiona Clouder, who made it a point to praise the significance of free trade.
Thursday, March 30th 2017 - 10:15 UTC
Madrid sends Brexit “message of calm” to Spaniards who work in Gibraltar

Spain’s Foreign Minister, Alfonso Dastis, has told a leading German newspaper that Madrid will not be taking “any type of punitive measures” at the border with Gibraltar after Brexit. Dastis has made similar statements in recent days to Spanish media, but his comments to Frankfurter Allgemeine Zeitung are the first time he has spoken about the border to the international media.
Thursday, March 30th 2017 - 10:11 UTC
Brazil and US in talks for a Temer visit to the White House

Brazilian and U.S. officials are in talks about a White House visit by President Michel Temer to discuss bilateral trade and investment issues, according to Planalto sources. U.S. President Donald Trump invited Temer for a visit during a March 18 phone call, when the two leaders discussed deepening commercial and business ties between the Western Hemisphere's largest economies, the sources said.
Thursday, March 30th 2017 - 10:04 UTC
Trump reading the US$ 1 trillion ten-year infrastructure plan, but he's no longer undefeatable

United States Transportation Secretary Elaine Chao said the Trump administration would unveil a US$1 trillion infrastructure plan later this year, but she did not offer details of funding for projects.
Thursday, March 30th 2017 - 09:56 UTC
Brazilian tainted meat: minister believes “the worst of the process is over”

Worldwide markets have been slamming their doors on Brazilian meat since revelations that rotten product was being sold with faked certificates, but the agriculture minister said Thursday “the worst of the process is over.”
Thursday, March 30th 2017 - 09:40 UTC
Argentina purchasing 12 T-6C Texan training aircraft; budget too 'small' for more shopping

Argentina has few funds available to replace an outdated military fleet beyond buying 12 Beechraft Texan aircraft to train pilots, Defense Minister Julio Martinez admitted. He said actual plans were more modest than those reported by media in Argentina and Brazil in recent months, which said the government was interested in buying war planes from abroad, including from Brazil's Embraer or Mig fighters from Russia.
Thursday, March 30th 2017 - 06:47 UTC
Brexit: London's financial sector calls for a transitional deal for the industry

London’s powerhouse financial sector finds itself at a critical juncture with Article 50 about to be triggered, as the Square Mile braces itself for a jobs exodus and the potential loss of European trading rights following Brexit. City bosses and politicians have called on the UK Government to secure a transitional deal for the industry to prevent companies pre-empting uncertainty by upping sticks to rival financial centres across the globe.
Thursday, March 30th 2017 - 06:25 UTC
Brazil's Temer job on the line: Electoral Court could force him out of office on campaign financing

Brazilian President Michel Temer since taking office, in May 2016, has faced one crisis after the other, and now the man who rose to power thanks to an impeachment process of Dilma Rousseff, faces himself the threat of removal from office.