Politics

• Wednesday, May 11th 2016 - 12:14 UTC

  Oil markets on alert: major overhaul in Saudi Arabia´s cabinet and economic policy

  

  Saudi Arabia's King Salman removed the country's veteran oil minister as part of a broad government overhaul. Ali al-Naimi has been replaced after more than 20 years in the role by former health minister Khaled al-Falih.

• Wednesday, May 11th 2016 - 09:59 UTC

  Rousseff clears her office; full Senate votes to suspend the president

  

  Brazilian President Dilma Rousseff has packed up personal photos and stripped the shelves in her third-floor office in the Planalto presidential palace, a sign she is accepting the loss of her job in a Senate vote on Wednesday.

• Wednesday, May 11th 2016 - 09:48 UTC

  Argentina prepared to support Malcorra's nomination to UN Secretary General post

  

  Argentina's foreign minister Susana Malcorra most probably will be sponsored by president Mauricio Macri as a candidate to replace the United Nations Secretary General Ban Ki-moon who is stepping down next November, according to government sources quoted by La Nacion.

• Wednesday, May 11th 2016 - 09:23 UTC

  Brussels assures EU farmers that beef is out of trade negotiations with Mercosur

  

  The European Union Commissioner for Agriculture and Rural Development, Phil Hogan, announced on Tuesday that beef will not be part of the current Mercosur trade deal negotiations. The news follows a meeting between the Commissioner and NFU Cymru, which was held on Glamorgan NFU Cymru Chairman, Abi Reader’s farm, in the Vale of Glamorgan, Wales.

• Wednesday, May 11th 2016 - 09:13 UTC

  What Labour can learn from my victory: we can’t ignore what voters want

  

  By Sadiq Khan (*) - Labour has won control of City Hall in London for the first time in eight years – the first major electoral success for our party in England in over a decade.

• Wednesday, May 11th 2016 - 08:58 UTC

  Falklands' defense controversy surfaces following Hague's column in support of Remain

  

  Brexit campaigners have hit out at former foreign secretary William Hague after he claimed the Falkland Islands could fall to Argentina if the UK votes to quit the EU. In comments “rubbished” as scaremongering by Leave campaigners, Mr. Hague warned of an uncertain future for Falkland Islanders.

• Tuesday, May 10th 2016 - 18:31 UTC

  Apologizes to the Brazilian people, and pledges to return US$ 280 million from a major construction contractor

  

  Andrade Gutierrez, the second largest public works contractor in Brazil is to make public an “apology to the Brazilian people” for the illegal actions in the public construction contracts investigated by the Brazilian Federal Police's Lava Jato operation, reports Folha de Sao Paulo.

• Tuesday, May 10th 2016 - 17:47 UTC

  Rousseff's impeachment process back on track: Senate votes on Wednesday

  

  Brazilian President Dilma Rousseff's impeachment process and possible suspension from office is back on track after the acting speaker of the Lower House, Waldir Maranhao repented and withdrew his controversial decision to annul an April 17 impeachment vote.

• Tuesday, May 10th 2016 - 08:55 UTC

  Macri strikes deal with business leaders to suspend layoffs but Congress criticizes

  

  Argentine President Mauricio Macri has struck a temporary deal with local businessmen and some unions to suspend layoffs for 90 days. Macri's announcement of the deal on Monday comes as job cuts and high inflation rate are worrying many Argentines and Congress is in the process of approving an anti-layoffs bill that doubles severance pay and bans layoffs without cause for 180 days.

• Tuesday, May 10th 2016 - 08:42 UTC

  Keiko with slight lead over Kuczynski ahead of Peruvian presidential runoff

  

  Peruvian presidential contender Keiko Fujimori has a slight lead over rival Pedro Pablo Kuczynski ahead of the June 5 run-off election, according to a poll published on Sunday. The two pro-business candidates emerged from a first round election on April 10.