International

Monday, March 23rd 2015 - 19:11 UTC
FIFA with record revenue and cash reserves, after 2014 World Cup

The 2014 World Cup helped create a record revenue of 2 billion dollars for FIFA last year, with 337 million in profits coming from the four-year cycle leading up to the finals in Brazil.
Monday, March 23rd 2015 - 17:35 UTC
Swiss prosecutors have uncovered over 300 accounts suspected linked to Petrobras corruption

Swiss prosecutors have uncovered over 300 accounts at more than 30 Swiss banks that they suspect are linked to the massive corruption and money-laundering scandal at Brazil's state-run oil company Petrobras.
Monday, March 23rd 2015 - 17:20 UTC
Griesa yields: allows Citibank to process interest payments of Argentine law bonds

United States Judge Thomas Griesa finally authorized Citibank Argentina to process interest payments of bonds issued under Argentine law, with a payment deadline on March 31 and on June 30, and to exit its custody business in Argentina.
Monday, March 23rd 2015 - 17:13 UTC
Petrobras corruption scandal reaches New York court: banks will have to explain sale of bonds to US investors

Fifteen banks will join Petrobras next week, April 3, in a New York court to explain how they did nothing wrong when selling 98 billion dollars worth of the Brazilian state oil company’s bonds to American investors. Of the 15, lawyers representing the investment banking divisions of Itau and Bradesco will appear before New York judge Jed Rakoff in hopes to escape the scandal.
Monday, March 23rd 2015 - 11:58 UTC
Falklands resurges in controversy over Russian annexation of Crimea

Russia has more claim to Crimea than Britain has to the Falkland Islands, a senior Russian lawmaker insisted Sunday as London again denounced Moscow's “illegal annexation” of the peninsula.
Saturday, March 21st 2015 - 06:20 UTC
Argentine police discover 15 kilos of pure cocaine in the 'Splendour of the Seas'

Argentine customs officials seized cocaine worth more than one million dollars million from two crew members on a luxury cruise ship docked in Buenos Aires, authorities said. The suspects, both men, were identified only as a Croatian national and a Chilean traveling on an Australian passport.
Saturday, March 21st 2015 - 06:07 UTC
FIFA confirms Nov/Dec for 2022 Qatar World Cup and compensation to clubs

FIFA has ended more than four years of uncertainty over the timing of the 2022 World Cup in Qatar by announcing that it would be played in November and December with the final on December 18. It also anticipated that it will release funds to clubs for release of players.
Saturday, March 21st 2015 - 05:55 UTC
Cristina Fernandez warns Citibank must comply with Argentine law

President Cristina Fernandez warned on Friday that banks operating in Argentina must obey its laws, amid a row over Citibank's refusal to defy a US court order blocking Buenos Aires from repaying its restructured debt. At the end of the month, 31 March, Citibank as custodial has to pay Argentine restructured bonds.
Saturday, March 21st 2015 - 05:07 UTC
St Helena names South African airline preferred bidder for when airport opens next year

A South African airline operator has been named the favorite to provide an air service for St Helena when its first airport opens early in 2016. But Comair, which also operates budget flights as kulula.com, will only offer flights to Johannesburg in South Africa, despite strong calls for a direct service to Europe.
Friday, March 20th 2015 - 08:18 UTC
Israel honors Nisman on bombing anniversary; crowd calls Argentine officials 'scoundrels'

Israel honored the figure of Argentine former special prosecutor Alberto Nisman during the Thursday ceremony in Buenos Aires to mark the 23rd anniversary of the 1992 attack on the Israel Embassy that claimed the life of 22 people and injured dozens.