Stories for June 2018

Friday, June 15th 2018 - 10:48 UTC
Ortega launches deadly police and paramilitary repression against activists in Nicaragua

Activists faced off with Nicaraguan pro-government forces in hours of deadly clashes on Thursday amid a nationwide strike to protest government repression of dissent that has left at least 162 dead, including an altar boy. Despite the 24-hour work stoppage that gave the capital Managua the air of a ghost town, fierce unrest in other areas persisted, leaving at least four dead during pro-government attacks on activists guarding barricades.
Friday, June 15th 2018 - 10:32 UTC
Oxfam GB banned from Haiti following on cases of sexual misconduct

Oxfam GB has been banned from operating in Haiti after its staff were accused of sexual misconduct following the 2010 earthquake. Haiti's government said the decision was taken because of Oxfam's “violation of its laws and serious breach of the principle of human dignity”.
Friday, June 15th 2018 - 10:28 UTC
ECB will stop its bond-buying scheme, €30bn a month, next December

The European Central Bank (ECB) has confirmed it will end a huge program to stimulate the Euro-zone economy in December. The ECB will stop its bond-buying scheme, worth €30bn a month, despite a recent slowdown in the bloc's recovery.
Friday, June 15th 2018 - 10:25 UTC
IMF report warns Trump administration on trade, tariffs and budget deficits

The International Monetary Fund said on Thursday that tax cuts will help fuel the U.S. economy this year and next. But it warned that growth after that will slide to levels just half of what the Trump administration is forecasting.
Friday, June 15th 2018 - 07:22 UTC
Lord West claims Royal Navy does not have enough vessels to look after the EEZ

The former head of the Royal Navy has warned of a developing negative situation over the number of ships available to patrol Britain’s coastal waters post-Brexit. Labour’s Lord West of Spithead told the Lords at question time there were not enough vessels to look after the inshore waters and the exclusive economic zone.
Friday, June 15th 2018 - 06:56 UTC
Forex run in Argentina: Macri appoints new Central bank president

Argentine president Mauricio Macri appointed Finance Minister Luis Caputo as president of the central bank on Thursday, after the outgoing head of the bank resigned and acknowledged having lost credibility.
Friday, June 15th 2018 - 06:25 UTC
'Brexit leaves UK isolated from allies and begging for trade deals with ex colonies'

Britain will be left a “mangy old lion” as a result of Brexit, isolated from its allies and reduced to begging for trade deals from one-time colonies, a former Foreign Office minister is warning. Lord Malloch-Brown, who chairs the Best for Britain campaign for a second referendum, said that the UK’s loss of influence was exposed at last week’s G7 summit, where Theresa May was left a “spectator” to a clash between the US, Canada and the EU.
Thursday, June 14th 2018 - 22:14 UTC
IMF's Lagarde welcomes Argentina government’s economic policy plans

Argentine authorities have asked to use US$7.5 billion of the US$50 billion financing deal signed with the International Monetary Fund to fund their budget, IMF Managing Director Christine Lagarde said in a statement. Argentina’s Finance Ministry said in a separate statement that the funds would be sold on the market through pre-announced daily auctions conducted by the central bank.
Thursday, June 14th 2018 - 22:11 UTC
Argentine president Macri was detected a benign pancreatic cyst: “a treatment is not necessary”

Argentine president Mauricio Macri was detected a benign cyst in the pancreas, according to an official release from the Executive Office. The condition was discovered during a routine medical checkup last 23 May and following clinical studies including a magnetic resonance, the diagnosis was confirmed but a treatment is not necessary, although he will continue under medical monitoring.
Thursday, June 14th 2018 - 22:02 UTC
Gibraltar flies Falkland Islands flag on Liberation Day

The Falkland Islands flag is currently flying above No 6 Convent Place to commemorate the Falkland Islands’ Liberation Day.