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British Police Arrest Two on Diverted Pakistani Airliner
British police have arrested two men on board a Pakistan International Airlines plane that was diverted to an airport near London. A Royal Air Force fighter jet intercepted the airliner - which was en route from Lahore to Manchester - and escorted it to Stansted Airport. Authorities said there had been "an incident" on board the plane. They said the two men were arrested on ...
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Pakistan Reiterates Opposition to US Drone Strikes
Pakistan has reiterated its opposition to U.S. drone strikes on its territory, after U.S. President Barack Obama justified "constrained" drone usage to save lives. Pakistan's Foreign Ministry said Friday that drone strikes are counter-productive, kill innocent civilians, have human rights implications, and violate national sovereignty and international law. Pakistan said, ...
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Kerry Choice of Iranian Presidential Candidates Denies Popular Will
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Large Blast Hits Center of Afghan Capital
Afghan police say the blast went off close to the hospital for the state intelligence service. There were no immediate reports of ...
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Suspicions High as US China Summit Nears
BEIJING -- A top White House official is scheduled to arrive in Beijing this Sunday. His visit comes as concerns about cyber attacks, trade frictions and China’s territorial disputes with Japan test relations between the world’s two largest economies. The visit also comes as President Barack Obama and China’s new leader Xi Jinping prepare to hold their first talks next month in ...
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Entel looking at opportunities in Colombia
USD400 million, though the acquisition is not expected to be completed until Q3 this year. Buchi added that Entel would expand Nextel's offerings, which are currently focused primarily ...
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Third term begins for Ecuadors President Correa
FILE - In this Feb. 16, 2013 file photo, Ecuador's President Rafael Correa gives a thumbs up to supporters as he stands with the Emir of Qatar Sheikh Hamad bin Khalifa al-Thani, not in picture, on a balcony at the government palace in Quito, Ecuador. On Friday, May 24, 2013, Correa will begin his second presidential term after winning the Feb. 17 election. (AP Photo/Dolores Ochoa, ...
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Social Program Contributes to Reduced Infant Mortality in Brazil
Brasilia, May 24 (Prensa Latina) Research to review the impact of the Bolsa Familia program in Brazil reveals that this helped reduce the mortality rate among children under the age of five by 17 percent between 2004 and 2009. Data provided by the Minister of Social Development and the Fight aganinst Hunger, Tereza Campello, confirms that Bolsa Familia, which delivers 70 reales (33 dollars) to ...
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Marsh to Acquire Peru Insurance Advisor Rehder y Asociados
Global broker Marsh Inc. announced that it has reached a definitive agreement to acquire the Rehder y Asociados Group, an insurance advisor in Peru. Marsh said the "business includes the insurance broker Rehder y Asociados and employee health and benefits specialist Humanasalud." Terms of the transaction were not disclosed. Marsh said the acquisition, which is anticipated to close in ...
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5 dead after army clash with FARC in northwestern Colombia
Three soldiers and two guerrillas have been killed in combat with Colombia's largest rebel group, the FARC, in the northwestern department of Antioquia, the army said ...
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Giant fuel depot blaze on northern outskirts of Rio de Janeiro kills one
RIO DE JANEIRO - One person was killed in a spectacular fire that broke out in a fuel depot on the northern edge of Rio de Janeiro and spread to nearby homes Thursday. Six giant fuel containers at the storage site caught fire, sending giant flames up to 50 meters high leaping into the air and columns of thick smoke far into the sky that could be seen kilometers away. The victim was a ...
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Emerging market flows update – Brazil=“Have Not”
PLND , quote ) a large underperformer in Global Emerging Markets (GEM) this year is seeing fresh allocation interest.The "have nots" continue to be laggards:Brazil ...
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UPDATE 1-Brazil bank lending slows in April sign of uneven economy
Fri May 24, 2013 10:56am EDT * Growth in bank lending loses momentum on annual basis * Loan delinquencies unchanged in April, yet remain high * Suggests double-speed economy, slow economic recovery By Guillermo Parra-Bernal and Luciana Otoni SAO PAULO/BRASILIA, May 24 (Reuters) - Growth in Brazil's bank lending slowed in April, the latest sign that an expansion in Latin America's largest ...
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Travel agencies cancel trips to northern Colombia after kidnapping spooks tourists
Three international tourism companies have had to cancel travel packages to the northern region of La Guajira after the kidnapping of two Spaniards in the region resulted in approximately 100 tourists cancelling their ...
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EMERGING MARKETS-Brazil stocks flat as OGX offsets Vale
* Concerns over Chinese economic growth, Fed stimulus weigh * Brazil Bovespa little changed, Mexico IPC falls 0.65 pct By Asher Levine SAO PAULO, May 24 (Reuters) - Brazilian stocks were little changed on Friday as concerns over weak economic growth in China weighed on shares of mining firm Vale, offsetting a gain in oil producer OGX. Mexico's IPC index edged towards its lowest closing level ...
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Reuters Summit Rating agencies alert to Argentina debt ruling souring economy
Beginning in June, Thomson Reuters News & Insight content will be available exclusively on WestlawNext, as part of its Practitioner Insights offering. On June 21, the Thomson Reuters News & Insight website, iPhone app and newsletters will be discontinued. ...
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Colombia’s armed forces continue extrajudicial executions of civilians Report
Colombia’s security forces in 2012 executed 52 civilians who were then presented as enemy combatants killed in combat, according to a report by the human right NGO ...
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Peru funded illegal Amazon rainforest road claims Global Witness | David Hill
The illegal road running towards the Purus National Park which could connect the remote Purus region to the rest of Peru. Photograph: Courtesy of ...
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Whats Behind Venezuelas Toilet Paper Shortage
Venezuela's President Nicolas Maduro greets supporters during a May Day rally in Caracas May 1, 2013. (Carlos Garcia Rawlins/Reuters) Last month, Venezuela elected a president on the recommendation of Hugo Chavez. But as the problems the country faces loom larger, President Nicolas Maduro is finding his predecessor's one-man show a difficult act to follow. It was inevitable that ...
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Brazil bank lending rises 1.1 pct in April defaults stable
BRASILIA/SAO PAULO | Fri May 24, 2013 9:37am EDT BRASILIA/SAO PAULO May 24 (Reuters) - Outstanding loans in Brazil's banking system grew 1.1 percent in April from March, the central bank said on Friday. Loans in arrears for 90 days or more, an industry benchmark for delinquencies, remained unchanged at 5.5 percent of outstanding loans last month, the bank ...
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Colombia peace negotiators to present progress on Sunday
During the official presentation, the two negotiating teams will be accompanied by diplomats from 10 countries, and delegates from Cuba and Norway who have taken part in the process as guarantors. The negotiators will give details about the progress made in regards to negotiations on agrarian reform, the first and reportedly most fundamental topic on the five-point list of issues that — ...
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STXNEWS LATAM-BofA recommends Brazil property shares on uncertain policy
Fri May 24, 2013 8:52am EDT Investors ought to maintain exposure to Brazilian shares that help them hedge against policy uncertainty and inflation or pay high dividends, analysts at Bank of America Merrill Lynch said on Friday. A basket of so-called defensive stocks in sectors such as utilities and commercial property has outperformed the benchmark Bovespa stock index by 14.5 percent, despite ...
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Rosneft PDVSA to work together in Venezuela
Petroleos de Venezuela and Russian energy company Rosneft signed an agreement for a joint venture for Venezuelan operations. Venezuelan Oil ...
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Amazonian Ambition Rosneft signs another joint venture with Venezuela
Russia and the global economy Rosneft, the world's largest publicly traded oil company, is expanding its influence in Venezuela, via a subsidiary of the national oil company PDVSA. The two companies signed a joint venture agreement to develop a river basin in Venezuela. The agreement was signed between Rosneft President Igor Sechin and Venezuelan Oil Minister and President of PDVSA, ...
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Brazils CPFL Renovveis revives IPO plans as market gains steam
SAO PAULO | Fri May 24, 2013 7:20am EDT SAO PAULO May 24 (Reuters) - CPFL Energias Renovveis SA, the alternative energy unit of Brazilian utility CPFL Energia SA , revived plans for an initial public offering, seven months after scrapping them on concern of growing government meddling in the electricity sector. The Sao Paulo-based company said late on Thursday it asked regulators to ...
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