Politics

• Thursday, July 7th 2016 - 07:11 UTC

  Federal Reserve extremely cautious on Brexit aftermath and US job market

  

  Federal Reserve policymakers decided in June that interest rate hikes should stay on hold until they have a handle on the consequences of Britain's vote on EU membership, according to the minutes of the Fed's June policy meeting released on Wednesday.

• Thursday, July 7th 2016 - 06:53 UTC

  Rousseff makes impassionate defense against impeachment attempts in Congress

  

  Brazil's suspended president Dilma Rousseff rejected attempts to impeach her as an “injustice” in a defense filing Wednesday, as a decision on her political fate moved a step closer. The affair has rocked Brazil as it struggles with a recession and corruption scandals ahead of next month's Olympic Games in Rio de Janeiro.

• Thursday, July 7th 2016 - 06:46 UTC

  Cristina Fernandez back in court: Judge decides inhibition on her properties

  

  Former Argentine President Cristina Fernandez on Wednesday filed a complaint against the judge who recently opened an investigation into allegations she defrauded the state as part of her government's handling of the dollar futures market. Fernandez, who governed Argentina from 2007 to 2015, filed the complaint against judge Claudio Bonadio after appearing in his court in connection with the case.

• Thursday, July 7th 2016 - 06:33 UTC

  Germany warns EU members about a tax-cuts race to attract Brexit business

  

  German Finance Minister Wolfgang Schaeuble has said he opposes a “race to the bottom” of competitive tax cuts. He spoke after George Osborne pledged to cut UK corporation tax in response to the Brexit vote and from Paris, in an attempt to attract UK businesses, the French government promised its taxes will be the most favorable in Europe.

• Thursday, July 7th 2016 - 06:02 UTC

  Iraq war: UK, pushed by US sent ill-prepared troops into battle with inadequate plans for the aftermath

  

  The United States pushed the UK into military action in Iraq “too early”, a former British ambassador to the UN has said in the wake of the Chilcot report. The long-awaited report said ex-Prime Minister Tony Blair had overstated the threat posed by Saddam Hussein - and military action was not a last resort.

• Wednesday, July 6th 2016 - 06:54 UTC

  Brazil asks Mercosur chair transfer to Venezuela to be delayed until August

  

  The deep differences among Mercosur members as to who should hold the group's rotating chair this second half of the year surfaced openly in Montevideo with the surprise visit of Brazilian foreign minister Jose Serra and ex president Fernando Henrique Cardoso. The Brazilin delegation formally requested Uruguay, which currently holds the six/month Mercosur chair to suspend the transfer to Venezuela until at least August.

• Wednesday, July 6th 2016 - 04:16 UTC

  Spain to analyze Brexit impact for employment in Gibraltar neighboring areas

  

  The central Spanish Government and regional authorities in Andalucia are taking an increasingly-close interest on the impact that a United Kingdom withdrawal from the EU could have on communities in the Campo de Gibraltar, neighbouring with the British Overseas Territory of Gibraltar, and the region as a whole.

• Wednesday, July 6th 2016 - 04:02 UTC

  Temer extends a Rio Olympic Games open arms message to the world

  

  With just a month to go to the Olympic Games, Michel Temer Brazil’s interim president, invites the world to experience the beauty of Rio de Janeiro. The following is his welcome message to the world’s athletes, officials and fans:

• Tuesday, July 5th 2016 - 07:49 UTC

  Temer calls for “national reunification” at a friendly agro-business forum

  

  Brazil's interim president, Michel Temer emphasized the role of agro-industry in the country's development and called for “national reunification” to guarantee jobs in the sector.

• Tuesday, July 5th 2016 - 07:41 UTC

  Petrobras: new round of arrest warrants in three different states

  

  Brazil’s federal police served five arrest warrants and conducted search and seizure operations in three states on Monday, in the latest round of a sweeping corruption probe around state-run oil firm Petroleo Brasileiro SA. Police said contractors paid at least 39 million reais (US$ 12m) in bribes to executives of Petrobras, and rigged public auctions at Petrobras’ research centre Cenpes.