Politics

Wednesday, October 17th 2018 - 09:16 UTC
Germany urges responsibility on Brexit ahead of European Council summit

Germany has urged UK's Theresa May to “take responsibility” for Brexit, as a crunch summit approaches with no sign of any breakthrough in negotiations. The Prime Minister was briefing senior ministers in an extended session of Cabinet ahead of Wednesday’s European Council meeting at which it had initially been hoped to conclude the UK’s withdrawal deal.
Wednesday, October 17th 2018 - 09:09 UTC
US offers US$ 10m reward for the head of the Jalisco New Generation cartel

The United States on Tuesday announced a US$ 10 million reward for information leading to the arrest of a man accused of leading Mexico’s powerful Jalisco New Generation Cartel, which the Justice Department considers to be one of the five most dangerous criminal organizations in the world.
Wednesday, October 17th 2018 - 09:09 UTC
Brazil's Temer faces new charges for corruption and criminal association

Brazil's federal police filed new charges against President Michel Temer on Tuesday, recommending he be put on trial for corruption, money laundering and criminal association for allegedly taking bribes to favor port management companies. The investigation report was filed to the country's top court.
Wednesday, October 17th 2018 - 09:05 UTC
Honduras migrant caravan organizer detained in Guatemala

The organizer of a migrant caravan from Honduras was detained in Guatemala on Tuesday as the U.S. government threatened to withdraw aid from both countries and El Salvador if the flow of migrants north to the United States was not stopped.
Wednesday, October 17th 2018 - 08:52 UTC
Another headache for the EU: Italy and its populist budget

Italy's government on Tuesday pushed the country closer to a showdown with the European Union after submitting its latest budget for review. The budget proposes increases both Italy's overall government debt and its deficit in the short run pushing the deficit as high as 2.4% of GDP over the coming years. This means Italy will fall foul of a previously mandated maximum deficit level of 0.8% of GDP.
Wednesday, October 17th 2018 - 08:51 UTC
Audi agrees to pay US$ 930m fine for rigging diesel vehicles

German luxury automaker Audi will pay a fine of roughly US$930 million to settle regulatory action in its home country for rigging some of its diesel vehicles with illegal software designed to defeat emissions tests, the company said on Tuesday.
Wednesday, October 17th 2018 - 08:45 UTC
Bolsonaro's foreign policy: following on Trump, “Make Brazil Great”

The far-right front-runner in Brazil’s presidential race plans to put foreign policy in the hands of a diplomat who has praised the nationalist agenda of U.S. President Donald Trump that has shaken the global order, an adviser to the candidate said.
Wednesday, October 17th 2018 - 08:34 UTC
Ireland is getting Brexit-ready and has earmarked funds in next year's budget

Ireland is stepping up preparations for physical infrastructure at ports and airports after Brexit, premier Leo Varadkar said. Irish ministers held detailed discussions in Dublin on Tuesday surrounding the hiring of customs officers and veterinary inspectors as well as the upgrading of IT systems.
Wednesday, October 17th 2018 - 08:25 UTC
Gibraltar Chief Minister confident UK/EU “moments away” from withdrawal agreement

Gibraltar, the UK and the EU are “moments away” from agreeing the terms of a protocol to include Gibraltar in any Withdrawal Agreement and transitional arrangements reached between the UK and the EU, Chief Minister Fabian Picardo said on Monday.
Wednesday, October 17th 2018 - 08:24 UTC
Jamaican economist will oversee Argentina's compliance of IMF accord

The International Monetary Fund has announced that Jamaican economist Trevor Alleyne will be the institution's representative in Argentina, after confirming it had decided to reopen an office in Buenos Aires, six years after leaving. The decision comes after Buenos Aires reached a deal with the IMF on the money supply, interest rates and an exchange rate framework.