United States

Tuesday, January 8th 2019 - 10:11 UTC
Financial sector leading firms plan to launch an equities exchange: “Members Exchange”

A group of nine leading retail broker-dealers, banks, financial services firms, and global market makers, have agreed to launch an equities exchange, MEMX, or Members Exchange. The new exchange will be owned entirely by its founding members and will seek to deliver benefits to retail and institutional investors by introducing greater competition to the marketplace. MEMX will file an application with the Securities and Exchange Commission in early 2019 for approval to operate as a national securities exchange.
Tuesday, January 8th 2019 - 09:25 UTC
US taxpayers will receive refunds, pledges Trump despite government shutdown

Millions of US taxpayers will still receive refunds despite an ongoing partial government shutdown, the White House has said. The Internal Revenue Service (IRS) has previously delayed tax refunds during a government shutdown.
Tuesday, January 8th 2019 - 08:37 UTC
World Bank President steps down; possible differences with Trump's policies

World Bank President, Jim Yong Kim has made the surprise announcement that he is stepping down after six years in the post. His resignation will take effect from 1 February. Mr Kim, 59, was not due to leave until 2022, after he was re-elected for a second five-year term in 2017.
Monday, January 7th 2019 - 09:13 UTC
Venezuelan Justice and close advisor of Maduro flees with family to Miami

Venezuela Supreme Court judge Christian Zerpa has fled to the United States to protest over President Nicolás Maduro's second term in office. Last year's election “was not free and competitive”, the former Maduro loyalist told a Florida radio station, and he accused President Maduro of systematically manipulating the affairs of the Supreme Court.
Saturday, January 5th 2019 - 09:37 UTC
Brazil seeks supremacy in South America, said Bolsonaro, who did not discard a US military base in Brazil

Brazil’s new President Jair Bolsonaro said that he would be open to the possibility of the United States operating a military base on his country’s soil, a move that would form a sharp shift in direction for Brazilian foreign policy.
Saturday, January 5th 2019 - 09:25 UTC
A shooting in Los Angeles takes several victims

A shooting with several victims has been recorded this Saturday morning in a bowling alley in the town of Torrance, in the county of Los Angeles (USA), police said.
Saturday, January 5th 2019 - 08:40 UTC
Fed brings relief to markets saying it would be “patient” about rate hikes

Federal Reserve Chair Jerome “Jay” Powell took steps to reassure financial markets on Friday, saying that the US central bank would be “patient” about rate rises. He also defended his independence, saying he would not resign if requested by US President Donald Trump.
Saturday, January 5th 2019 - 08:34 UTC
US economy ever so strong: 312.000 jobs added in December

The US economy created many more jobs than expected in December, according to the latest government data. Employers added 312,000 jobs, far ahead of predictions of 177,000, the Labor Department said.
Friday, January 4th 2019 - 09:10 UTC
YPF 2012 nationalization case reaches US Supreme Court: US$ 2.5bn at stake

The US Supreme Court will hear this Friday an appeal against an intermediate court decision accepting jurisdiction over Argentina and its majority state-owned oil giant YPF, in a case relating to YPF’s 2012 re-nationalization by Argentina, then under the rule of ex-president Cristina Fernandez.
Friday, January 4th 2019 - 08:49 UTC
Ex Credit Suisse bankers and Mozambique officials charged with US$ 2bn fraud

Three former Credit Suisse bankers have been arrested over their alleged role in a US$ 2bn fraud scheme connected to firms in Mozambique, according to US authorities. The men have been released on bail in London while the US seeks their extradition.