Politics

Thursday, October 11th 2018 - 09:08 UTC
US markets suffer their sharpest one-day fall: fears of interest rates, inflation and trade tensions

United States share markets suffered on Wednesday their sharpest one-day falls in months, as fears about rising interest rates, inflation, trade tensions intensified. The tech-heavy Nasdaq led the declines, sliding 4%, or 315.9 points, to 7,422. The Dow Jones and S&P 500 also fell by more than 3%, with losses accelerating towards the end of the day. Netflix fell 8%, while Amazon slid 6%.
Thursday, October 11th 2018 - 08:58 UTC
Conditions in Venezuelan prisons are “beyond monstrous” claims UN human rights office

Conditions in Venezuela’s prisons are “beyond monstrous”, the UN human rights office, OHCHR, said, before calling for an independent and transparent investigation into the death of a leading political opponent of the Government. Issuing the alert in Geneva, OHCHR spokesperson Ravina Shamdasani said that there were specific concerns for the well-being of 59 Colombian nationals, who’ve been held for more than two years without being charged.
Thursday, October 11th 2018 - 08:45 UTC
Macri administration reverses latest cooking gas price increase following public outrage

Argentina will pay for unforeseen increases in the cost of cooking gas following public outrage and opposition in Congress to stymie the plan which would have seen consumers paying increased gas prices in 24 installments from January 2019.
Thursday, October 11th 2018 - 08:44 UTC
Argentina attracting more tourists while less Argentines travelling overseas

The number of incoming tourists to Argentina is increasing month after month since the drastic devaluation of the local currency, while outgoing tourism has dropped significantly. According to the latest release from the country's stats office, Indec, 224.000 tourists arrived in Argentina during August, 7.4% more than a year ago, while residents travelling overseas dropped 11.9%, to 335.300.
Thursday, October 11th 2018 - 08:31 UTC
World Bank unveils “Human Capital Index”: Singapore, South Korea, Japan and Hong Kong top of the list

The World Bank Group unveiled a new system on Thursday to rank countries based on their success in developing human capital, an effort to prod governments to invest more effectively in education and healthcare.
Thursday, October 11th 2018 - 08:30 UTC
Bolsonaro's chief economic advisor under investigation over fraud accusations

The chief economic advisor to Jair Bolsonaro, Brazil’s far-right presidential front-runner, is being investigated over accusations of fraud tied to the pension funds of state-run companies, federal prosecutors revealed on Wednesday.
Thursday, October 11th 2018 - 08:23 UTC
US charges Chinese spy for economic espionage and stealing aviation secrets

United States Justice Department said on Wednesday it had arrested and indicted a spy for China’s Ministry of State Security on charges of economic espionage and attempting to steal trade secrets from several U.S. aviation and aerospace companies.
Thursday, October 11th 2018 - 08:17 UTC
Ex Kirchner minister sentenced to prison for responsibility in Argentina's deadliest train accident

A court convicted a former Argentine federal planning minister Wednesday of contributing to a deadly 2012 train crash by failing to oversee the operations of commuter railways.
Wednesday, October 10th 2018 - 19:01 UTC
Leader Keiko Fujimori arrested for money laundering in Peru

A week after the justice annulled the pardon to her father, the former president Alberto Fujimori, after a request of the Peru's Attorney of Wash of Assets, the powerful leader of the Popular Force party, Keiko Fujimori, was arrested in Lima on Wednesday after going to a court to be questioned with her husband. The arrest occurred amid an investigation for alleged irregular handling of funds of the party's campaign for 2011 presidential elections.
Wednesday, October 10th 2018 - 16:43 UTC
Vizcarra calls for constitutional reform referendum to be held Dec. 9

Peru's President Martín Vizcarra issued a supreme decree calling for a referendum to be held on Sunday, December 9, so that Peruvians can determine on four matters put forward for an upcoming constitutional reform approved by a Congressional plenum on October 4.