Americas

Headlines

Leaked recordings are trouble for Michel Temer

When will it end? UNTIL now, Brazil’s president, Michel Temer, has personally avoided the scandals that have engulfed his administration. The supreme court has authorised investigations into eight members of his cabinet, as well as 24 senators and 39 lower-house deputies for allegations related to the vast scandal centred on Petrobras, the state-controlled...

Deadline pressure for Colombia’s peace agreement

THE Tierra Grata encampment in the foothills of the Perijá mountains overlooks vast cattle ranches around the city of Valledupar. If the FARC guerrillas were still waging war on the government of Colombia, it would be the perfect spot from which to dominate this north-eastern area. But the 160 members of the FARC’s 41st and 19th fronts who occupy...

A journalist slain

At least four Mexican journalists have been killed this year for their reporting, according to the Committee to Protect Journalists (CPJ). Since 2007 66 have died violently. On May 15th unknown assassins murdered one of the finest, Javier Valdez, in the state of Sinaloa. Mr Valdez was a co-founder of Ríodoce, a weekly publication that covers corruption...

Ecuador waits for Lenín Moreno

IN A burst of hyperbole and historical confusion, Rafael Correa compared the run-off election in Ecuador last month to “the battle of Stalingrad” in which his left-wing government was “fighting against the global right wing”. Yet the outcome was far from the rout achieved on the Russian steppes: rather, Mr Correa’s candidate, Lenín Moreno,...

Venezuela’s crisis spills over

YOU find them driving taxis in Buenos Aires, working as waiters in Panama or selling arepas (corn bread) in Madrid. The number of Venezuelans fleeing hunger, repression and crime in their ruptured country grows by the day. For years, Latin American governments kept quiet as first Hugo Chávez and then his successor, Nicolás Maduro, hollowed out...

Finance

Implications of the money laundering law reform

The amendment to the money laundering law approved in the first debate requires accountants, lawyers and real estate agents to report suspicious transactions made by their clients.Bill 19.951 reforming the Law on Narcotic Drugs, Psychotropic Substances, Drugs of Unauthorized Use, Related Activities, Legalization of Capital and Financing of Terrorism...

Wall Street finishes flat ahead of earnings season, key US-China meeting

It was a fairly flat session on Wall Street overnight, as investors exercised caution ahead of the first-quarter earnings season and a meeting between the US and Chinese presidents later this week. Investors will be focussed on the potentially tense meeting between Donald Trump and Xi Jinping on Thursday and Friday, after Mr Trump held out the possibility...

GLC Advisors Strengthens Advisory and M&A Expertise with Addition of Senior Bankers

Addition of Several Industry Bankers Including Former St. Charles Capital Professionals Deepens Firm’s Expertise and Relationships Across Technology, FIG, Consumer, Retail and Energy IndustriesGLC Advisors & Co., LLC (“GLC Advisors”) is pleased to welcome nine seasoned M&A professionals, including former Partners and professionals of Denver based...

Columbia Threadneedle opens office in Chile

Columbia Threadneedle Investments has opened its first Latin American office in Santiago, Chile. As its first proprietary distribution hub for the Andes (Chile, Peru and Colombia), the new office will serve the asset manager’s institutional and wholesale clients in the region. Columbia Threadneedle has also appointed Santiago Zarauza Riestra...

TCA Fund Management Group Seeks New Opportunity Among Under-Served Small And Middle Market Developing Companies

Specialist finance and advisory firm TCA Fund Management Group Corp. (‘TCA’) announced its intention to launch a small-cap private equity fund to invest in under-served growth stage companies, primarily in the US and UK. TCA Opportunities Fund I, LP, registered with the Guernsey Financial Services Commission will seek just to target 15 to...

Legal

Best Time to Get Married During Law School

From the annals of law school posts, we perused dozens of student missives about when is the best time to get married during law school.The consensus answer was to do it during a winter break or early summer, but definitely not before finals or taking the bar exam. Of course, a few said there is no good time during law school to get married. And then...

Ex-Millionaire's Sentence for Fraud Upheld

Where to begin the story of Luke Brugnara, the former real estate mogul turned art con...His criminal spiral downward began sometime in 2014. His sentence will not be over until about 2022. Perhaps the best place to start is in the middle of his case, when the judge granted him a furlough to meet with his attorneys at the courthouse.Brugnara ran --...

Emergency Roadside Kit for Trial Lawyers

It may sound like a tool for ambulance chasers, but actually an emergency roadside kit for trial lawyers is a good idea.There's nothing as rookie as having to borrow a pen from the bailiff or a notepad from the clerk in the middle of a trial. It's not a good look to have your tablet or computer -- with all your files and research -- run out of battery...

Entering the Ring on the First Day of Work

In professional boxing, fighters usually start the first round by touching gloves and lightly jabbing for a few minutes. Nobody comes out swinging for the fences in the first round. It is more like a fencing match, as opponents parry to ward off blows and gauge their distance.It is a tried and true strategy to size up your competition in the first...

Should Jurors Be Removed for Crying?

After a police dog named Rocco was stabbed to death, jurors at the trial of his accused killer listened to a recording of the dog barking.It was too much for one juror, who started to cry. The defendant's attorney asked the judge to remove the juror, but the judge refused and an appeals court affirmed the ruling."The showing of emotion, in and of itself,...

Acq Lite

Lockheed Martin receives F-35 cost-reduction contract

May 22 (UPI) -- Lockheed Martin Aeronautics Corp. has received a $137.8 million contract modification for cost-reduction programs for the initial low-rate production of the F-35 Lightning II Joint Strike Fighter, the Department of Defense announced on May 19.The work will primarily be performed in Waco, Texas, El Segundo, Calif. and Warton, England,...

General Dynamics to support Columbia-class submarine development

May 22 (UPI) -- General Dynamics Electric Boat Corp. has been awarded a $32.7 million contract for design support requirements for the Columbia-class submarine, which is expected to replace Ohio-class submarines in 2021.The contract includes technological development funding for vendors and shipbuilders, concept design, engineering, affordability studies,...

Lockheed Martin secures $28 billion in Saudi contracts

May 22 (UPI) -- Lockheed Martin has secured a major contract with the Kingdom of Saudi Arabia. The $28 billion program includes air and missile defense systems, aircraft, helicopters, and logistical support."At Lockheed Martin, we are proud to be part of this historic announcement that will strengthen the relationship between the United States and the...

Oshkosh secures Marine Corps P-19R contract

May 22 (UPI) --Oshkosh Defense announced a $33 million contract with the U.S. Marine Corps for the delivery of 54 P-19R Aircraft Rescue and Firefighting vehicles.The first vehicles are expected to be delivered by June 2017, and a total of 164 P-19Rs will arrive by 2019."The P-19R vehicle is a reliable, state-of-the-art expeditionary vehicle built to...

IAI supplying missile systems to India

May 22 (UPI) -- Israel Aerospace Industries is providing LRSAM air and missile defense systems to government-owned Bharat Electronics Limited of India.The order for additional LRSAM systems is worth $630 million and the first to involve BEL, the main contractor in a project that is part of the country's "Make in India" policy.IAI said the missile systems...