Stories for June 2018

Wednesday, June 20th 2018 - 08:37 UTC
General Electric loses its place in the Dow Jones average after more than 100 years

General Electric is losing its place on the Dow Jones Industrial Average after more than 100 years in a move that reflects a fall in the firm's fortunes and changes to the US economy. Walgreens Boots Alliance is to take its spot on the financial index, which tracks shares of 30 companies deemed representative of the US economy. The change takes effect on 26 June.
Wednesday, June 20th 2018 - 08:31 UTC
Global Index decides on Wednesday if it includes Argentina and Saudi Arabia

Global index compiler MSCI is considering including Argentina and Saudi Arabia in its emerging market indexes at a review of its widely-tracked benchmark on Wednesday, and could potentially announce candidates that may join its indexes in future.
Wednesday, June 20th 2018 - 08:24 UTC
Brexit bill (and Theresa May) face crucial vote in a divided House

Prime Minister Theresa May’s Brexit plans were rejected by parliament’s upper chamber on Monday, setting up a confrontation with pro-EU MPs later this week which will test her ability to lead a minority government.
Wednesday, June 20th 2018 - 08:16 UTC
“Beware of little David”, Lula da Silva tells Brazil' team ahead of the match with Costa Rica

Ex president Lula da Silva is serving a 12-year sentence for corruption in Curitiba, but as all Brazilians loves football, the national sport, and has been contracted as a commentator for the World's Cup in Russia.
Wednesday, June 20th 2018 - 08:10 UTC
Emotional tribute of Dutch Queen Maxima to her deceased younger sister

Argentine born Dutch Queen Maxima on Tuesday paid an emotional tribute to her beloved late younger sister, who was found dead earlier this month in Buenos Aires in a suspected suicide. In a rare public and personal speech – her first public appearance since the death – the queen thanked all those who have sent letters and messages following the death earlier this month of Inés Zorreguieta, her younger sister.
Wednesday, June 20th 2018 - 07:25 UTC
United States abandons UN Human Rights Council, “an organization not worthy of its name”

The United States is leaving the United Nations’ Human Rights Council, US envoy to the UN Nikki Haley announced on Tuesday, calling it “an organization that is not worthy of its name”, and marking the latest withdrawal by the Trump administration from an international institution.
Wednesday, June 20th 2018 - 06:54 UTC
Argentine central bank contains run on the Peso, and major dumping of bonds

Argentine bonds touched their lowest levels of market-friendly President Mauricio Macri's term on Tuesday, but rebounded in a volatile trading session. Meanwhile the country risk (a measure of the difference between its bond yields and those issued by other countries) rose as much as 27 points to a 33-month peak.
Wednesday, June 20th 2018 - 06:50 UTC
Canadian parliament approves recreational marihuana

Recreational marijuana may soon be legal in Canada, after both the House of Commons and the Senate approved the Cannabis Act. Legal sales are likely to begin before the end of the boreal summer after the Senate voted 52-29 on Tuesday night to approve the bill, CBC reported.
Tuesday, June 19th 2018 - 09:08 UTC
Volgograd invaded by flies and mosquitoes from nearby Volga river

A plague of small flying insects have caused chaos for fans, locals and the media in the city of Volgograd where England and Tunisia played on Monday.
Tuesday, June 19th 2018 - 09:04 UTC
Maradona comes out in support of Messi and his missed penalty

Argentina’s Diego Maradona has come out to defend Lionel Messi after the Barcelona attacker missed a penalty in his team’s draw against Iceland on Saturday. Speaking to Telesur, the 1986 World Champion said: ”I missed five penalties in a row and I was still Diego Armando Maradona.