Stories for February 2018

Tuesday, February 27th 2018 - 05:46 UTC
Credit Suisse begins to move out from London, says Bloomberg report

Credit Suisse plans to move about 250 banker jobs out of London under its first phase of Brexit planning, according to reports. Employees in areas such as trading and mergers and acquisitions were likely to be relocated to Frankfurt or Madrid, Bloomberg reported. The Swiss bank employs about 5,500 staff in London. A spokesman said Credit Suisse “continued to investigate its options”.
Monday, February 26th 2018 - 09:45 UTC
Corruption allegedly involving president Temer will be probed by top prosecutor

Brazil’s top prosecutor has obtained a Supreme Court order to lift the bank secrecy of several people and companies under investigation in a port corruption case that has implicated President Michel Temer.
Monday, February 26th 2018 - 09:40 UTC
Warren Buffet receives a profit boost of US$ 29bn from Trump's tax reforms

US billionaire Warren Buffet says his conglomerate has received a profit boost of US$ 29 billion as a result of President Donald Trump's tax reforms, he says. Berkshire Hathaway reported a record quarterly and annual profit on Saturday.
Monday, February 26th 2018 - 09:32 UTC
Xi pushing for constitutional reform to stay in office indefinitely

China says it plans to scrap a two-term limit for the country’s president and vice president, a move that could allow Chinese leader Xi Jinping to stay in office indefinitely. Expectations that Xi, China’s most powerful leader since Mao Zedong, was considering staying in office for more than the typical 10 years has been building for some time now. But the outline of amendment proposals announced by state media Sunday, including Article 79, confirmed those changes could soon become a reality.
Monday, February 26th 2018 - 09:24 UTC
Berlusconi and his right wing coalition inching towards victory in Italy next week

Sidestepping sex scandals, serial gaffes and legal woes, Silvio Berlusconi’s astonishing return to front-line politics rolled on Sunday at a party gathering where adoring supporters feted the billionaire mogul as Italy’s next kingmaker.
Monday, February 26th 2018 - 09:16 UTC
Israel threatens to confiscate Christian land and assets following new municipal tax law

The Church of the Holy Sepulcher in Jerusalem locked its doors and closed until further notice to protest a new municipal tax policy and a bill that would allow the Israeli government to confiscate some church land in exchange for compensation.
Monday, February 26th 2018 - 09:09 UTC
UK/Brazil launch the Year of Science and Innovation 2018/19

The UK-Brazil Year of Science and Innovation 2018-19, will be celebrated by a cocktail reception on 27 February at the Museum of Tomorrow during the visit of the British Royal Research Ship James Cook to Rio.
Monday, February 26th 2018 - 07:28 UTC
Corbyn expected to clarify position on Brexit in a divided Labour party

The leader of Britain’s opposition Labour Party, Jeremy Corbyn, will clarify the party’s position on Brexit this Monday in a move that could lead to a major parliamentary defeat for Prime Minister Theresa May. The Prime Minister has ruled out staying in any customs union with the European Union after Brexit because it would prevent the country from striking its own new trade deals with fast-growing economies such as China and India.
Monday, February 26th 2018 - 07:22 UTC
Falklands second commercial flight: “Damage from touchdown in Argentina”

The recent statement entitled ‘Progress made towards establishing a second commercial Falkland Islands air link’ released by the Falkland Islands Government has met with a mixed reception in the Islands. While some have expressed favor others have reservations and questions such as the current letter from Eric M Goss MBE publishes in the Penguin News.
Monday, February 26th 2018 - 06:40 UTC
Falklands/Darwin cemetery operation: all ready for relatives day-trip, according to Argentina

The trip of the relatives from the now identified 88 Argentine combatants buried at Darwin Cemetery, will be arriving to the Falkland Islands in three aircraft on 26th March at 09;30, and will be leaving by 16:00 hours of the same Monday, according to reports in the Argentine media. The Argentine-Armenian businessman Eduardo Eurnekian, who in 2004 paid for the Argentine Memorial at Darwin, will be financing the operation.