Michelle Bolsonaro, first lady of Brazil, will be subjected to an examination of the Brazilian treasury within an investigation into a series of suspicious transactions involving the president's eldest son, Valor newspaper reported Friday.
Brazil's new far-right government on Thursday gave hundreds more public servants the power to keep official records from the public for decades by labeling them secret and ultra-secret. Vice President Hamilton Mourao, standing in while President Jair Bolsonaro was at the World Economic Forum in Davos, signed the decree expanding exceptions within the 2011 transparency law.
China and Europe take centre stage at Davos on Wednesday, a day after Brazil's hard-right President Jair Bolsonaro promised reform and respect for the environment to the world's business elite.
Daniel Funes de Rioja, Chair of B20, promoted the B20 agenda among British business, chambers, institutions and members of the press at the “B20 Priorities and Challenges” seminar at the Argentine Official Residence in London.
President Trump declared America “open for business” in a speech on Friday to global to political and business elites in Davos, Switzerland, while taking a hard line on trade and vowing to make commerce with other countries “fair and reciprocal.”
US economic growth slowed unexpectedly to an annualised rate of 2.6% in the last three months of 2017, the Commerce Department said on Friday. Economists had expected the rate to be 3% - the same as the three months to September.
Hungarian born billionaire investor George Soros has criticised tech “monopolies” such as Facebook and Google, calling them a threat to democracy. At his annual dinner at the World Economic Forum in Davos, Soros warned that social media platforms were “obstacles to innovation”.
European leaders warned at the World Economic Forum in Davos on Wednesday against a return to nationalism, with France’s Emmanuel Macron and Germany’s Angela Merkel calling for more global cooperation to harness the forces of globalization.
The U.S. dollar extended its recent rout to hit three-year lows on Wednesday after U.S. Treasury Secretary Steven Mnuchin said he welcomed a weakening in the dollar. Fears of protectionist trade policies by the United States had already pushed the greenback to a three-year low, and Mnuchin’s remark at the annual Davos summit of business and political leaders pushed it down further.
Argentine president Mauricio Macri held on Wednesday a meeting with the German Chancellor Angela Merkel in the framework of the World Economic Forum in Davos, Switzerland, in which they discussed German investments in Argentina through Private-Public Partnership (PPP).