President Nicolas Maduro is funnelling cash flow from Venezuelan oil sales through Russian state energy giant Rosneft as he seeks to evade US sanctions designed to remove him from power, according to sources and documents reviewed by Reuters news agency. The sales are the latest sign of the growing dependence of Venezuela‘s cash-strapped government on Russia as the United States tightens a financial noose around Maduro. With its economy… Read more »
JUJUY, Argentina (Reuters) – In an arid, lunar-like landscape in the sunny highlands of northern Argentina, South America’s largest solar farm is rising, powered by funding and technology from China. Local officials said they had sought help at home, the United States and Europe without success. Potential lenders and partners, they said, were spooked by the project’s size and the… Read more »
Former Nissan boss Carlos Ghosn has been indicted by prosecutors in Japan on a fresh charge of aggravated breach of trust. It is the fourth charge brought against Mr Ghosn and relates to the alleged misuse of company funds. The 65-year-old is in detention in Tokyo and his lawyers have applied for bail. Mr Ghosn, who denies any wrongdoing, has… Read more »
Thousands have turned out for the funeral of Peru’s ex-President Alan García, who killed himself this week. Mr García shot himself in the head as police knocked on his door to arrest him on suspicion of taking bribes from the Brazilian company Odebrecht. His daughter read his suicide note at the wake. In the letter, Mr García stated that he… Read more »
A consultant working for Cat Lake First Nation in northern Ontario is locked in a dispute with the band over how much money it owes him for his role in helping to secure federal funding to address urgent housing needs in the remote community. Gerald Paulin signed a contract with Cat Lake in November 2017 for 10 per cent of… Read more »
Eleven years ago, Jock Finlayson and his colleagues at the Business Council of B.C. were mildly alarmed by how quickly Gordon Campbell’s provincial government implemented North America’s first carbon tax. “We were concerned, to be candid, about what the implications of this would be for our members and for the business community generally,” Finlayson, the council’s chief policy officer told… Read more »
Border Security and Organized Crime Reduction Minister Bill Blair was non-committal Wednesday about delivering a government-commissioned report on a handgun ban during this parliamentary session. Blair also suggested the Liberals could revisit this issue if the government is re-elected in the fall. “Canadians expect us to take the time to do it right and I’ve been doing my very best… Read more »
Speech for KARMUN 2019 Daniel Gaffney United Kingdom Thank you esteemed president, distinguished chair, and honorable delegates. The delegation from the United Kingdom of Great Britain and Northern Ireland is honored to be here today to discuss the global issues that challenge the stability and peace of our international community. These include but are not limited to the Somalian Conflict… Read more »
It is not often that a country pulls out of an international organisation of which it is the host. Yet that is what Ecuador’s president, Lenín Moreno, did on March 13th. Ecuador joined six other countries who have withdrawn from the South American Union (Unasur), a talking shop which once included all 12 of the continent’s nations, criticising it for the… Read more »
CARACAS (Reuters) – Citigroup Inc plans to sell several tons of gold placed as collateral by Venezuela’s central bank on a $1.6 billion loan after the deadline for repurchasing them expired this month, sources said, a setback for President Nicolas Maduro’s efforts to hold onto the country’s fast-shrinking reserves.Maduro’s government has since 2014 used financial operations known as gold swaps… Read more »
