Stories for May 30th 2018

Wednesday, May 30th 2018 - 09:39 UTC
Brazilian military “not worried”, with strikers; protests are protected by the Constitution

Brazil's Minister of Institutional Security Sergio Etchegoyen on Tuesday rejected calls to deploy military troops to break up protracted nationwide protests against fuel price hikes. Etchegoyen, a general appointed by President Michel Temer, said such a heavy-handed response was outdated.
Wednesday, May 30th 2018 - 09:37 UTC
State of the Nation: “incredibly exciting time for the Falkland Islands and its people”

On Tuesday May 29, Governor Nigel Phillips CBE addressed the elected Legislative Assembly of the Falkland Islands with a message on the State of the Nation.
Wednesday, May 30th 2018 - 09:35 UTC
Petrobras workers Wednesday strike was declared illegal

Brazil’s Superior Labor Court (TST) ruled on Tuesday that a 72-hour strike planned by workers of state-run oil company Petrobras was illegal, the office of the government’s solicitor general said.
Wednesday, May 30th 2018 - 09:26 UTC
Global markets and the Euro his hard by the Italian political stalemate

Asian equities and the euro sank Wednesday as turmoil in Italy sparked a frantic dash for safety, while investors have also been spooked by fresh worries about the China-US trade row. Global markets have been sent into a tailspin as a political crisis unfolding in Rome has thrust the stability of the Euro zone and European Union back on to the agenda.
Wednesday, May 30th 2018 - 09:19 UTC
Falklands 2018/19 budget reflects strength of the Islands economy

The following is the Budget 2018/19 presentation made by the Falkland Islands Financial Secretary, James Wilson.
Wednesday, May 30th 2018 - 09:18 UTC
Italian lawmakers demand EU budget commissioner be forced out of office

Senior Italian politicians on Tuesday called for EU budget commissioner Gunther Oettinger to resign over an “absurd” comment in which he voiced the hope that the country's poor economic situation will keep populist parties out of government.
Wednesday, May 30th 2018 - 09:13 UTC
EU facing an existential crisis, argues billionaire George Soros

Anti-Brexit billionaire George Soros has urged the EU to “transform itself into an association that countries like Britain would want to join”. Soros said in a speech that Brexit was an “immensely damaging process” for both sides that would “probably” take more than five years to sort out. He warned the EU was “facing an existential crisis” on several fronts.
Wednesday, May 30th 2018 - 09:07 UTC
Chelsea owner Abramovich granted Israeli citizenship

An Israeli official says Russian billionaire Roman Abramovich has received Israeli citizenship after his British visa was not renewed. The official, from Israel’s Immigration Ministry, said the Chelsea football club owner arrived in Israel on Monday. Israel grants automatic citizenship to anyone of Jewish descent.
Wednesday, May 30th 2018 - 08:58 UTC
Truckers union calls an end to the crippling strike, but some still resist

One of the main unions behind a crippling truckers' strike in Latin America's largest nation on Tuesday called on its members to return to work, warning that failing to do so would erode hard-won gains.
Wednesday, May 30th 2018 - 08:52 UTC
Falkland Islands elected government establishes new portfolio system

Members of the Falkland Islands Legislative Assembly recently reviewed the portfolio system, having now been in post for six months. The resulting changes are designed to provide greater clarity in the detail of each portfolio, as well as to ensure equity for each portfolio holder.