Stories for August 2018

Thursday, August 16th 2018 - 09:13 UTC
Qatar to the rescue of Turkey with US$ 15bn in direct investments

Qatar has come to the rescue of Turkey and its ruler Amir Sheikh Tamim bin Hamad al-Thani issued directives to support the Turkish economy with a host of economic projects, investments and deposits worth a total of US$ 15 billion. This follows a meeting of the Amir with the Turkish president Recep Tayyip Erdogan on Wednesday in Ankara.
Thursday, August 16th 2018 - 08:52 UTC
New president takes office in Paraguay pledging to combat poverty and corruption

Mario Abdo Benitez, “Marito”, took over as Paraguay's new president on Wednesday, replacing a seemingly disgruntled Horacio Cartes, who left the inauguration ceremony before it finished. Abdo Benitez, 46, promised to combat poverty and entrenched corruption, and urged Paraguayans to “look toward the future and not remain stuck in the past” as he took the oath of office to start a five-year term.
Wednesday, August 15th 2018 - 08:52 UTC
Argentine Senate honors participants of the Darwin military cemetery identification process

In a solemn ceremony on Tuesday the Argentine Senate distinguished the several participants in the recent identification process of the combatants buried in the Argentine military cemetery in Darwin.
Wednesday, August 15th 2018 - 07:30 UTC
There Is a Right-Wing Coup Underway in Brazil, but Justice will prevail

By Luiz Inácio Lula da Silva (*) Curitiba.- Sixteen years ago, Brazil was in crisis; its future uncertain. Our dreams of developing into one of the world’s most prosperous and democratic countries seemed imperiled.
Wednesday, August 15th 2018 - 07:27 UTC
Supporters of Lula march on Brasilia to converge at the Supreme Electoral Court

Supporters of former Brazilian president Lula da Silva marched on Brasilia on Tuesday to support his attempt to take part in presidential elections, despite serving a prison sentence for corruption.
Wednesday, August 15th 2018 - 07:23 UTC
Venezuela arrests two high-ranking military officers in relation to an attack on president Maduro

The investigation into an assassination attempt on Venezuela's President Nicolas Maduro using drones has widened to include the arrest of two high-ranking military officers, the nation's top prosecutor said on Tuesday.
Wednesday, August 15th 2018 - 07:11 UTC
Argentine Peso stabilizes, country risk falls and stock market rebounds

The Argentine peso climbed on Tuesday after the Central bank implemented a raft of measures to stabilize the volatile currency on Monday, including increasing the benchmark interest rate to 45% from 40% previously, and announcing it was offering markets US$ 500 million.
Wednesday, August 15th 2018 - 07:03 UTC
Argentina: tax cuts on soy meal and soy oil exports suspended six months

Argentina has suspended for six months its program of gradually cutting taxes on exports of soymeal and soyoil, the Treasury Ministry said in a statement on Tuesday, part of the government’s fiscal tightening program. International shipments of both soy products are currently taxed at 23%, lowered gradually from 32% in 2015, the statement said.
Wednesday, August 15th 2018 - 06:56 UTC
London Police in seconds neutralize a lone driver attack on Parliament: three injured

London's mayor is urging residents and tourists to remain calm and vigilant following the latest terror attack in the city. The driver of a car injured three people before crashing into barricades near Parliament. A security camera captured the moment the silver Ford came speeding down the road. It hit a group of cyclists, jumped the sidewalk and then smashed into the heavy metal security barrier.
Wednesday, August 15th 2018 - 05:50 UTC
Genoa killer bridge dates back to the fifties; alarm call for much of Italian creaky infrastructure

It came seemingly without warning, and has left a shocked and devastated nation demanding answers. Now officials are scrambling to find out how Genoa’s Morandi Bridge collapsed overnight killing at least 30 people as it sent dozens of vehicles tumbling into a heap of concrete and twisted steel.