Stories for October 2018

Saturday, October 6th 2018 - 08:45 UTC
Saudi Crown Prince dismisses Trump's remarks on defense and military backing

Saudi Arabia’s Crown Prince Mohammed bin Salman dismissed remarks by Donald Trump in which the U.S. president said he had warned the king he would not last in power “for two weeks” without U.S. military backing and demanded he pay up.
Saturday, October 6th 2018 - 08:33 UTC
Brazilian election: a divided congress but with a powerful decisive “Bullets, Beef and Bible” caucus

All eyes are set on Sunday October 7 presidential election, but Brazilians will also be electing, 27 governors, 54 senators and 513 legislators, and Congress wields considerable power and since 2016 has decided the fate of two presidents: to impeach Dilma Rousseff for juggling with budget numbers and to shield Michel Temer from corruption charges.
Saturday, October 6th 2018 - 08:33 UTC
Interpol president reported missing in native China; French police opens investigation

French police have opened an investigation into the whereabouts of the president of international police cooperation agency Interpol, after his wife reported he had gone missing after travelling home to his native China last week. The French interior ministry said on Friday his wife has been placed under protection after threats.
Friday, October 5th 2018 - 12:19 UTC
Datafolha survey says pessimism has a grip on Brazilians as elections approach

A poll by Datafolha released Wednesday indicates the majority of Brazilian voters, especially young people, are pessimistic about the country's future.Datafolha interviewed 3,240 voters in 225 cities nationwide. The poll is said to have a margin of error of 2 percentage points.
Friday, October 5th 2018 - 11:59 UTC
Former S. Korean President Lee Myung-bak sentenced to 15 years for corruption

A Seoul court Friday found former President Lee Myung-bak guilty of corruption and handed down a 15-year jail sentence on him, who thus became the fourth ex-South Korean leader to be criminally convicted.
Friday, October 5th 2018 - 09:22 UTC
“My flag is the union of the Brazilian people, defend the family and combat violence”, pledges Bolsonaro

Jair Bolsonaro, Brazilian extreme right presidential candidate is leading in opinion polls and also has good strategists. On prime time Thursday when the seventh and last debate of presidential candidates, which he did not attend on medical recommendations, Bolsonaro had a long interview aired at the same time, at his home, in which contrary to his firebrand rhetoric he transmitted a clearly conciliatory message.
Friday, October 5th 2018 - 09:03 UTC
Industrial activity in Argentina down 5.6% in August and 0.8% in last 12 months

August data for industry was only a slightly better figure than the previous month – in July, a decline of minus 5.7% was witnessed. In June, the sharpest, most pronounced fall of the year was witnessed: 8.1%, year-on-year.
Friday, October 5th 2018 - 08:58 UTC
Cristina Fernandez and children to face trial for alleged money laundering

Former president Cristina Fernández de Kirchner and her children, Florencia Kirchner and Máximo Kirchner, will face trial on alleged money-laundering allegations after a federal judge this week decided to elevate his investigation, sending it to oral and public trial. Disgraced Kirchnerite business allies, Lázaro Báez, Cristóbal López and Fabián De Sousa will also face trial.
Friday, October 5th 2018 - 08:53 UTC
Ex Argentine president Menem acquitted of arms shipments to Croatia and Ecuador

Argentina's highest criminal court acquitted former President Carlos Menem of smuggling arms shipments to Ecuador and Croatia in the 1990s when both countries were involved in armed conflicts, overturning a 2013 conviction.
Friday, October 5th 2018 - 08:36 UTC
Argentine Peso slips on Thursday on prospects of higher US interest rates

Argentina’s Peso fell on Thursday, pressured by the recession-hit country’s dismal inflation outlook and higher U.S. interest rates that have pushed capital away from riskier emerging markets and toward the greenback, local traders said. The peso shed 1.85% to close at 38.4 per dollar after having gained 9.58% over the previous three days under a freshly-renegotiated International Monetary Fund financing deal that calls for tougher fiscal and monetary policy measures.