Barclays has agreed to pay US$2bn to settle a lawsuit brought by the US government over the sale of mortgage-backed securities. The US alleged that the bank had misled investors about the quality of loans backing the securities in the run-up to the financial crisis.
Brazil's Finance Minister, Henrique Meirelles, will step down from the government this week and join the ranks of the ruling Brazilian Democratic Movement Party, senior government officials said. The news of Meirelles' move was broken by the government's chief of staff, Eliseu Padilha.
Just off Leonardo da Vinci Avenue, a long street of modest shops and foul-smelling gutters in the district of La Matanza outside Buenos Aires, stands La Juanita, a co-operative. Founded by unemployed workers in 2001, it occupies a former school.
The 36th anniversary of the Falklands conflict in 1982 will be recalled in Argentina with two main events: Malvinas relatives will be received on Monday afternoon by president Mauricio Macri at his official residence in Olivos while Interior Minister Rogelio Fregerio will head the ceremony in Ushuaia, Tierra del Fuego, next to the Beagle Channel.
The Royal Air Force (RAF) has “defended our freedom gallantly”, Queen Elizabeth said on Sunday as she sent her “heartfelt congratulations” to the service as it celebrated its centenary. One hundred years ago, on April 1st, 1918, the Royal Flying Corps and the Royal Naval Air Service merged to create the RAF — the world’s first independent air service.
Former Brazil's President Luiz Inacio Lula Da Silva, better or simply known as Lula, said Donald Trump doesn't care about Latin America in the least and added that Bush and Condoleezza Rice pursued a much more democratic policy towards Brazil than Barack Obama and Hillary Clinton.” In his view, Obama could give magnificent speeches, but never actually delivered.
Venezuela's shortage of food and medicines reached the Catholic religious field when a donation of wafers from the Church of Colombia became necessary for the current Easter week.
Three people linked to Brazi's President Michel Temer were arrested Thursday in the investigation of a decree the head of state allegedly signed to benefit a port company in exchange for bribes.
By Nicholas Tozer -Buenos Aires.
THE visit by over two hundred of Argentine next-of-kin to the Argentine Military Cemetery in Darwin in East Falkland earlier this week undoubtedly marks a new milestone in the so-often troubled relations between Argentina and Britain over the Falkland Islands dispute.
68 inmates lost their lives and more than 30 were injured during a riot and a fire that occurred in an overpopulated police prison in Valencia, in central Venezuela.