Politics

Friday, August 4th 2023 - 08:17 UTC
Bank of England rate up to 5,25%, highest in fifteen years; no prospects of abating

The Bank of England raised on Thursday its main interest rate to 5.25%, the highest in 15 years, as the country strives to control persistently high inflation. The quarter percentage point hike was the bank's 14th in a row.
Friday, August 4th 2023 - 08:04 UTC
Lula's lawyer formally becomes a member of Brazil's Supreme Court

Brazilian president Lula da Silva's lawyer, Cristiano Zanin, 47, took a seat for life on the country’s Supreme Court on Thursday. Zanin helped Lula overturn convictions stemming from Brazil’s sprawling “Car Wash” corruption investigation and was freed after 580 days of incarceration.
Friday, August 4th 2023 - 07:26 UTC
Falklands by election next 21 September to complete the eight member Legislative Assembly

The by-election for the Camp constituency of the Falkland Islands Legislative Assembly seat is anticipated to take place on Thursday, September 21, Attorney General Simon Young has told Penguin News.
Thursday, August 3rd 2023 - 10:50 UTC
Relief in Brazil, Central bank lowers benchmark interest rate by 50 basis points

Wednesday relief for the Brazilian government, the central bank decided on a more aggresive rate-cutting reducing its benchmark interest rate by 50 basis points and signaling more of the same in the months ahead due to an improving inflation outlook.
Thursday, August 3rd 2023 - 10:35 UTC
Lula supports several countries joining BRICS, “if they comply with our rules”

Brazilian President Lula da Silva said on Wednesday that he supports more countries joining the BRICS group of large developing nations, (Brazil, Russia, India, China, and South Africa) when the group holds its summit in Johannesburg from Aug. 22 to 24.
Thursday, August 3rd 2023 - 10:31 UTC
Police operation in Rio de Janeiro favelas leaves 10 killed

A police operation in Rio de Janeiro slums known as favelas aimed at “locating and arresting members of criminal groups” has left 10 people killed, according to local media reports, thus bringing to 45 the number of deaths in similar operations by security forces nationwide in the last six days.
Thursday, August 3rd 2023 - 10:07 UTC
Random executions reported in Brazilian State of São Paulo

Brazilian Military Police (PM) forces have allegedly committed extra-judiciary executions during Operation Shield in the past few days in the city of Guarujá, on the coast of São Paulo, Agencia Brasil reported Wednesday. The officers randomly killed people identified as former prison inmates or with a police record, according to residents of the neighborhoods where the deaths occurred.
Thursday, August 3rd 2023 - 10:05 UTC
The world must help Brazil preserve the Amazon, says Lula

Brazilian President Luiz Inácio Lula da Silva Wednesday insisted that “The world must help” his country preserve the Amazon after deforestation in that natural area went down by 33.6% in the first semester of 2023, following Lula's Jan. 1 inauguration.
Thursday, August 3rd 2023 - 10:00 UTC
Saudi Arabia in talks to join the BRICS bank, probably in this month's summit in South Africa

The New Development Bank (NDB), also known as the “BRICS bank,” is in talks with Saudi Arabia on admitting Riyahd as its ninth member, which would strengthen the NDB's funding options amid the impact of the Russia-Ukraine conflict, according to media reports.
Thursday, August 3rd 2023 - 06:56 UTC
Power couple in Canada splits

Canadian Prime Minister Justin Trudeau and his wife Sophie Gregoire Trudeau have separated, he announced on Instagram on Tuesday. “Sophie and I would like to share the fact that after many meaningful and difficult conversations, we have made the decision to separate,” Mr Trudeau said in his post.