Stories for April 2nd 2018

Monday, April 2nd 2018 - 09:12 UTC
Maduro and cronies “grey listed” as suspects of money laundering and terrorism financing

Venezuelan president Nicolas Maduro along with more than 50 Venezuelan nationals are considered “high risk” for laundering money and financing terrorism, according to an advisory issued by Panama's economy and finance ministry.
Monday, April 2nd 2018 - 09:08 UTC
Japan admits catching 333 minke whales with no interference from protestors

Japan’s whaling fleet returned on Saturday after catching more than 300 of the mammals in the Antarctic Ocean without interference from anti-whaling protests, officials said.
Monday, April 2nd 2018 - 09:03 UTC
Venezuela rejects having Guyana's Essequibo dispute taken to the International Court of Justice

Venezuela is seeking a “practical and satisfying” solution to its border dispute with Guyana even as the Caribbean Community (CARICOM) country has already filed its application to the International Court of Justice (ICJ) in the Hague on the matter.
Monday, April 2nd 2018 - 08:57 UTC
Rousseff and Lula furious with Netflix series “The Mechanism” on corruption

Former Brazilian President Dilma Rousseff has accused Netflix of political bias and character assassination in its series based on the massive Car Wash corruption investigation that rocked Brazil’s political establishment. Since its debut last week, the series called “The Mechanism” has enthralled Brazilians with its dramatization of the political scandal that contributed to Rousseff’s downfall and impeachment in 2016.
Monday, April 2nd 2018 - 08:50 UTC
China preparing to begin paying for imported oil with the Yuan

China is taking its first steps towards paying for imported crude oil in Yuan instead of the U.S. dollar, according to Reuters, a key development in Beijing's efforts to establish its currency internationally.
Monday, April 2nd 2018 - 08:45 UTC
Barclays agrees to pay US$ 2bn to settle lawsuit for “misleading investors”

Barclays has agreed to pay US$2bn to settle a lawsuit brought by the US government over the sale of mortgage-backed securities. The US alleged that the bank had misled investors about the quality of loans backing the securities in the run-up to the financial crisis.
Monday, April 2nd 2018 - 08:39 UTC
Trade war: China slaps higher tariffs on US pork, wine and certain fruits

China has slapped extra tariffs of up to 25% on 128 U.S. products including frozen pork, as well as on wine and certain fruits and nuts, in response to U.S. duties on imports of aluminum and steel, China’s finance ministry said. The tariffs, to take effect on Monday, were released late on Sunday and matches a list of potential tariffs on up to US$3 billion in U.S. goods published by China on March 23.
Monday, April 2nd 2018 - 08:35 UTC
Chinese space station remains dumps into the South Pacific

China's Tiangong-1 space station re-entered the earth’s atmosphere and burnt up over the middle of the South Pacific on Monday, the Chinese space authority said. The craft re-entered the atmosphere around 8:15 a.m. Beijing time (0015GMT) and the “vast majority” of it had burnt up upon re-entry, the authority said in a brief statement on its website.
Monday, April 2nd 2018 - 06:01 UTC
Brazil Finance minister Meirelles expected to announce this week his presidential bid

Brazil's Finance Minister, Henrique Meirelles, will step down from the government this week and join the ranks of the ruling Brazilian Democratic Movement Party, senior government officials said. The news of Meirelles' move was broken by the government's chief of staff, Eliseu Padilha.
Monday, April 2nd 2018 - 05:28 UTC
The Economist: Mauricio Macri fights Argentina’s tradition of handouts for votes

Just off Leonardo da Vinci Avenue, a long street of modest shops and foul-smelling gutters in the district of La Matanza outside Buenos Aires, stands La Juanita, a co-operative. Founded by unemployed workers in 2001, it occupies a former school.