Politics

• Monday, May 7th 2018 - 09:28 UTC

  Argentina's storm: “Macri is not a political leader, he's a businessman”

  

  “President Macri is not a political leader, he's a businessman, that's why he doesn't like to come out on national television; he should come closer to the people, he should be more political and less technical”. The comment belongs to Jorge Lanata probably the most outstanding investigative reporter in Argentina, and who heads the hate list of ex president Cristina Fernandez.

• Monday, May 7th 2018 - 09:07 UTC

  Fed fines Goldman Sachs Group for unsound foreign exchange trading

  

  The United States Federal Reserve Board announced that it has fined The Goldman Sachs Group, Inc., US$ 54.75 million for the firm's unsafe and unsound practices in its foreign exchange (FX) trading business.

• Monday, May 7th 2018 - 08:25 UTC

  Lead case in UK: Cambridge Analytica must turn in all personal information on a US academic

  

  Britain's data privacy watchdog has ordered Cambridge Analytica to hand over all the personal information it holds on a U.S. academic, confirming the right of people abroad to seek data held by a UK firm. Data privacy activists say that it sets a precedent that would enable millions of other U.S. voters to request information that the company had collected on them.

• Monday, May 7th 2018 - 08:14 UTC

  US Navy resurrecting Second Fleet to patrol US coast and north Atlantic

  

  With tensions between NATO and Russia rising, the U.S. military is resurrecting a fleet to patrol the Atlantic Ocean and help respond to global contingencies. The U.S. Second Fleet will provide forces along the U.S. coast and in the northern Atlantic Ocean, according to Chief of Naval Operations, Adm. John Richardson, who made the announcement Friday during a change of command ceremony in Norfolk, Virginia.

• Monday, May 7th 2018 - 08:06 UTC

  Theresa May determined to deliver Brexit, but her cabinet remains divided, and so is opposition Labour

  

  British Prime Minister Theresa May insisted she had the “determination to deliver Brexit” as she came under pressure from both wings of the Tory party to change course.

• Saturday, May 5th 2018 - 09:08 UTC

  Trump said date and location for meeting with Kim Jong Un has been set

  

  President Donald Trump on Friday said the date and location have been set for a meeting with North Korean leader Kim Jong Un, building suspense for the unprecedented talks, as South Korea said it would oppose a withdrawal of U.S. troops from the area.

• Saturday, May 5th 2018 - 08:58 UTC

  Beijing triggers Marx controversy in Germany with statue donation to his home town of Trier

  

  Chinese gift of a statue of Karl Marx is dividing Germans, as his home town of Trier prepares to unveil it 200 years after his birth. Marx co-wrote the Communist Manifesto, which said that all human history had been based on class struggle. His work remains controversial in Europe but is presented by China as central to its way of governing.

• Saturday, May 5th 2018 - 08:50 UTC

  Labour party faces “unmitigated disaster” and demands a “proper post-mortem”

  

  Jeremy Corbyn is facing a Labour backlash over his party’s “unmitigated disaster” at the polls, which prompted Theresa May to taunt his failure to make an electoral breakthrough. As the dust settled Labor’s Chukka Umunna called for his party’s ruling National Executive to set up a “proper post-mortem,” warning the results could not give it confidence it would win the next General Election.

• Saturday, May 5th 2018 - 08:26 UTC

  England local elections: May relieved, Corbyn questioned and Lib-Dem surging

  

  Britain’s two main parties emerged from May 3 local elections in England in a draw, with Labor making gains but failing to capture target councils from the Conservatives. Ukip (Independent party) was almost wiped out, losing all but three of its 126 seats, but the Liberal Democrats had a good night, gaining 75 seats and winning control of four more councils.

• Saturday, May 5th 2018 - 07:24 UTC

  Argentina hikes benchmark rate to 40%, easing pressure on the Peso but not on inflation

  

  Argentina's Central Bank on Friday hiked its benchmark interest rate to 40% to support the peso, the third such hike in just over a week and one day after the currency plunged in value. Following the decision, the peso -- which has lost more than 10% of its value in the past month -- opened 6% higher against the dollar.