Politics

Thursday, May 9th 2019 - 09:58 UTC
Former Brazilian president Temer ordered to return to jail

Former President Michel Temer was ordered to return to jail by a federal judge on Wednesday while he is investigated in several cases of alleged corruption. Temer’s lawyer, Eduardo Carnelos, told Globo Television that he could only “lament” the court’s decision. He said Temer would have to present himself to authorities Thursday.
Thursday, May 9th 2019 - 09:57 UTC
Trump spoke to Macri to strongly support Argentina's economic reforms

US President Donald Trump spoke with Argentina's leader Mauricio Macri on Wednesday and voiced support for the country's economic reforms, the White House said in a statement.
Thursday, May 9th 2019 - 09:55 UTC
Bolsonaro denies he's a racist and that racism is a problem in Brazil

Racism is an insignificant problem in Brazil, according to President Jair Bolsonaro, who has been accused of not just racist but also homophobic and sexist comments in the past. Bolsonaro spoke to Rede TV in an interview broadcast on Tuesday night, in which he defended his record on a number of controversial subjects.
Thursday, May 9th 2019 - 09:40 UTC
Margaret Thatcher, a turning point in British politics

By Greg Wright (*) - She arrived in 10 Downing Street to a chorus of cheers and boos, but promising to be true to the philosophy of St. Francis of Assisi and bring harmony to a nation riven by divisions.
Thursday, May 9th 2019 - 09:32 UTC
World markets on the edge waiting for Friday's China/US trade talks outcome

Asian markets once again fell into the red on Thursday as investors anxiously await the start of high-stakes trade talks between China and the United States. After several rounds of negotiations, the two-day meeting in Washington, which kicks off later in the day, has taken on huge significance after Donald Trump threatened to ramp up tariffs on Chinese goods from Friday blaming backsliding by Beijing.
Thursday, May 9th 2019 - 09:24 UTC
Argentina auto exporters will receive a 6.5% tax refund for sales to Mercosur

Argentina will give its auto exporters a larger tax rebate to help stimulate the flagging local sector that has been hit hard by a consumption slump and economic crisis in Latin America’s No. 3 economy.
Thursday, May 9th 2019 - 09:19 UTC
Cautious support from the Catholic Church to Macri's call for a national consensus to secure stability

Argentina’s bishops have offered tentative backing to the country’s president in securing a national consensus on politically sensitive issues, in a move that could be construed as giving a boost to a conservative incumbent facing a stiff challenge from a former populist president with an ambivalent history with both the current pope and the local church he once led.
Thursday, May 9th 2019 - 08:41 UTC
Brazil expects US$ 30bn from offshore oil auctions next October and November

Brazil expects to collect some US$ 30 billion in signing bonuses this year from three upcoming offshore oil auctions set for October and November, an official revealed this week.
Thursday, May 9th 2019 - 07:40 UTC
Mexico announces a criminal probe into Brazil's Odebrecht corruption

Mexico will launch a criminal probe into Brazilian construction conglomerate Odebrecht SA within 60 days, Attorney General Alejandro Gertz Manero said on Monday.
Thursday, May 9th 2019 - 07:29 UTC
Brazilian congress begins to discuss pensions' reform; investors and markets apprehensive

Brazil’s pension reform proposal returns to the congressional spotlight with a committee of lower house lawmakers opening its analysis of the government’s bill just as the outlook for the economy is deteriorating rapidly.