Author Archives: jordancalvin

US pulls out of UN migrant and refugee pact

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President Donald Trump’s administration has withdrawn the United States from a United Nations pact to improve the handling of migrant and refugee situations, deeming it “inconsistent” with its policies, the US mission to the UN announced Saturday. “Today, the US Mission to the United Nations informed the UN Secretary-General that the United States is ending its participation in the Global… Read more »

President Nicolas Maduro said on Sunday Venezuela would launch a cryptocurrency to combat a U.S.-led financial “blockade,” although he provided few clues about how the economically crippled OPEC member would pull off the feat.

“Venezuela will create a cryptocurrency… the ‘petro,’ to advance in issues of monetary sovereignty, to make financial transactions and overcome the financial blockade,” leftist Maduro said during his weekly Sunday televised broadcast. The digital currency will be backed by Venezuelan reserves of gold, oil, gas, and diamonds, he said during the near five-hour show, which included traditional Christmas songs and… Read more »

Siemens, Brazilian prosecutors eyeing settlement over bribery lawsuit: newspaper

RIO DE JANEIRO (Reuters) – German industrial group Siemens AG is negotiating a settlement worth more than 1 billion reais ($307 million) with Brazilian state prosecutors over a civil case related to probes into whether bribes were paid to win train contracts, according to a Monday newspaper report.  A logo of Siemens is pictured on a building in Mexico City,… Read more »

Mexico’s indigenous migrant workers risk enslavement on farms: rights commission

BOGOTA (Thomson Reuters Foundation) – Mexico must step up efforts to protect vulnerable indigenous migrant workers who are at risk of becoming trapped in forced labor and enslaved in farms, the government’s human rights commission said. Poverty and a lack of jobs force entire families from rural tribal communities, many coming from the country’s poorest southern states of Oaxaca and… Read more »