Stories for April 10th 2019

Wednesday, April 10th 2019 - 09:59 UTC
Bolsonaro sacks education minister: he proved more conservative than the president

Brazilian president Jair Bolsonaro on Monday sacked his education minister, an ultraconservative who had drawn public ire over a range of controversial proposals including a revision of school textbooks to deny the 1964 military coup.
Wednesday, April 10th 2019 - 09:58 UTC
“My trade wars aren't finished yet”, Trump warns IMF and World Bank spring meetings

 United States president Donald Trump is sending a clear message to the economic policymakers gathering in Washington for the IMF and World Bank's spring meetings: My trade wars aren't finished yet and a weakening global economy will just have to deal with it.
Wednesday, April 10th 2019 - 09:57 UTC
Bolsonaro reveals Brazil is working with the US to sow dissent in Venezuelan army

Brazilian President Jair Bolsonaro said on Monday he is working with the US government to sow dissent within the Venezuelan army. Bolsonaro, during an interview with Jovem Pan radio, and added if there is a military invasion in Venezuela, he would ask to seek the counsel of Brazil's National Defense Council and Congress on what, if any, action his country should take.
Wednesday, April 10th 2019 - 09:49 UTC
US-Mexico border stricter controls hitting the highly integrated US auto industry

Long delays at the U.S.-Mexico border crossing for goods destined for American plants and consumers are hitting the U.S. auto industry, and the gridlock reduced by half the number of northbound trucks that crossed the entry point last week.
Wednesday, April 10th 2019 - 09:47 UTC
OAS Permanent Council accepts Representative of Venezuela’s National Assembly

The Permanent Council of the Organization of American States (OAS) approved on Tuesday a resolution on the situation in Venezuela in which it resolves “to accept the appointment of Mr. Gustavo Tarre as the National Assembly’s designated permanent representative, pending new elections and the appointment of a democratically elected government,” and instructs the Secretary General ”to transmit the text of this resolution to the Secretary General of the United Nations.”
Wednesday, April 10th 2019 - 09:43 UTC
New York declares a public measles health emergency

New York's mayor has declared a public health emergency following a measles outbreak. The emergency warning covers certain postcodes in Brooklyn. All residents in the affected areas have been told to get vaccinated or face a fine.
Wednesday, April 10th 2019 - 09:39 UTC
Standard Chartered fined US$ 1,1bn for helping Iran and £102m to Britain's Financial Conduct Authority

Standard Chartered bank is being fined US$1.1bn for violating US sanctions against Iran and over inadequate financial crime controls The penalties, imposed in connection with a range of different investigations in the US and the UK, all date back to before 2014.
Wednesday, April 10th 2019 - 09:31 UTC
Brazil's scientists furious with budget cuts limiting research and “expelling the brightest from the country”

Brazil’s government has triggered fierce criticism from scientists after announcing plans to tackle economic stagnation by implementing a government-wide budget freeze that could see research funding cut by up to 42%.
Wednesday, April 10th 2019 - 09:27 UTC
Saudi's oil company Aramco plans to borrow US$ 12bn in its debut bond sale

Saudi Aramco is planning to borrow US$12 billion in its debut bond sale as the oil giant pulls off one of the most oversubscribed debt deals of all time. Investor orders for the dollar bonds reached an excess of US$100 billion at the peak on Tuesday, according to market experts
Wednesday, April 10th 2019 - 09:19 UTC
IMF cuts global 2019 growth; suggests rich countries should prop their economies

The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2019 and warned growth could slow further due to trade tensions and a potentially disorderly British exit from the European Union.