Politics

Thursday, November 2nd 2017 - 08:49 UTC
London could lose 75.000 financial services jobs by 2019, when UK leaves the EU

The Bank of England expects Britain to lose up to 75,000 financial services jobs in the years after its departure from the European Union in 2019, the BBC reported. London dominates global currency trading and is Europe’s main finance hub.
Thursday, November 2nd 2017 - 08:31 UTC
Fallon resigns saying his behavior “has fallen short”, and argues “culture has changed over the years”

Defense Secretary Sir Michael Fallon has resigned, saying his behavior may have “fallen short” of the standards expected by the UK military. He told the BBC that what had been “acceptable 15, 10 years ago is clearly not acceptable now”.Fallon is the first politician to quit following recently revealed claims of serious sexual abuse in Parliament.
Thursday, November 2nd 2017 - 08:19 UTC
Falklands announces appointment of next Attorney General

The Falkland Islands Government announced on Wednesday the appointment of Simon Young as the next Attorney General of the Falkland Islands. Mr. Young, is due to arrive in early December and will be coming to the Islands with his wife Claire and their three sons.
Thursday, November 2nd 2017 - 08:12 UTC
Trump expected to announce “centrist” Jerome Powell, as next head of the Fed

President Donald Trump has said he will announce on Thursday his choice to lead the seven/member Federal Reserve board beginning in February. Jerome Powell, a Fed board member, is assumed to be the top contender and Trump anticipated that “I think you will be extremely impressed by this person”.
Thursday, November 2nd 2017 - 08:07 UTC
Ruling party schism in Ecuador, but president Moreno support climbs to 77%

Ecuador's ruling Country Alliance party, founded by former president Rafael Correa over a decade ago, has removed President Lenin Moreno as its head, citing “repeated failures” in leadership, as a schism between the former allies deepens.
Thursday, November 2nd 2017 - 07:44 UTC
Ex FARC leader will run for the presidency of Colombia in 2018

Veteran Farc (Colombian Revolutionary Armed Forces) leader Rodrigo Londono — known as ‘Timochenko’ — will run for the presidency of Colombia next year, with the backing of former Farc rebels, the group’s new political party announced. However, he and other ex-commanders will likely face trials for human rights crimes and it is unclear how they would serve in office if sentenced.
Wednesday, November 1st 2017 - 09:00 UTC
Brazil's central bank puts off signals about next year's interest rate policy

Brazil’s central bank has decided to put off any signals about its 2018 interest rate decisions, the bank said on Tuesday, leaving the door open for lower rates next year as the economy recovers with inflation under control.
Wednesday, November 1st 2017 - 08:53 UTC
Farmers' lobby chief becomes Argentine Agriculture ministry head; ex minister to Brussels to negotiate EU/Mercosur deal

Argentina will replace Agriculture Minister Ricardo Buryaile with Luis Miguel Etchevehere, currently the president of the Argentine Rural Society, the powerful agriculture and livestock industry group, Cabinet Chief Marcos Pena said on Tuesday. Buryaile will next serve as Argentina's ambassador to the European Union.
Wednesday, November 1st 2017 - 08:46 UTC
Argentina unveils plan to slash corporate income taxes to promote investment

Argentina plans to cut corporate income taxes to 25% by 2021 for companies that reinvest profits, it said on Tuesday, part of a wide-reaching tax reform bill intended to accelerate investment in Latin America's no.3 economy. The bill, which would slash taxes for companies willing to reinvest in Argentina from 35%, will be sent to Congress in the coming days, Treasury Minister Nicolas Dujovne said.
Wednesday, November 1st 2017 - 08:27 UTC
Royal Navy forced into “cannibalization” to meet the shortage of spares

The Royal Navy seems to be copying some of its Latin American peers. In effect the shortage of spares for Royal Navy warships and submarines has forced the Ministry of Defense (MoD) to strip parts from the rest of the fleet, the National Audit Office (NAO) has found.