09282016Wed
Last update: Wed, 28 Sep 2016 03am

South America

World - South America

US to work on exchanging tax data with Argentina: Lew BUENOS AIRES: The United States will immediately begin work on ways to expedite the exchange of tax information with Argentina, US Treasury Secretary Jack Lew said on Monday, signaling a move that could aid Argentina's tax amnesty program to repatriate overseas assets. "To accelerate the process of sharing tax data on Argentine residents in the United States, Treasury and Argentina's tax agency will immediately begin assessing Argentina's preparedness to receive such information and to explore steps to expedite the process," Lew said at the start of a meeting with Argentine Finance Minister Alfonso Prat-Gay. Lew is on the first visit to Argentina by a US Treasury Secretary since 2002, part of a swing through Latin America's largest economies this week. Argentine President Mauricio Macri's government is betting a tax amnesty opened in August can bring in some of the investment crucial to restoring growth in Argentina, Latin America's third-largest economy. ...

World - South America

Brazil police say ex-finance minister oversaw bribes through 2013 SAO PAULO: Brazilian police said on Monday that former Finance Minister Antonio Palocci oversaw political kickbacks paid by construction giant Odebrecht through at least 2013, two years after he had left office. Investigators said at a news conference that Palocci, who was arrested on Monday in a sweeping corruption probe, kept a tally of at least 128 million reais ($40 million) in bribes paid to the Workers Party for contracts to build public works including ...

World - South America

Venezuela opposition calls Oct 12 demo in crisis CARACAS: Venezuela's opposition Monday urged its supporters to join a mass demonstration on October 12 against government moves to avoid a recall referendum this year that could force snap elections.It was the latest call to protest in a tense political crisis in the South American oil exporter, hit by food shortages and violence."We call for a special day of mobilization on October 12," said Jesus Torrealba, spokesman for the opposition Democratic Unity Roundtable (MUD), in ...

World - South America

Colombia, Marxist rebels to sign accord ending 52-year war CARTAGENA: Colombian President Juan Manuel Santos and Marxist rebel leader Timochenko will use a pen made from a bullet on Monday to sign an agreement ending a half-century war that killed a quarter of a million people and made their nation a byword for violence. After four years of talks in Havana, Santos, 65, and Timochenko, nom de guerre for 57-year-old revolutionary Rodrigo Londono, will shake hands on Colombian soil for the first time. Some ...

World - South America

Fidel Castro seen in state media for third time in a week HAVANA: Fidel Castro appeared in state-run media Monday for the third time in less than a week, which is extremely rare for the father of the Cuban revolution.Castro, 90, who ceded power to his brother Raul in 2006, received visiting Chinese Prime Minister Li Keqiang at home on Sunday.In three photos published Monday in state media, Castro is wearing his traditional sweat suit and looks fit for his age.Over the past week Castro was also ...

World - South America

Lula's ex-finance minister held in Brazil Petrobras probe SAO PAULO: Brazilian police on Monday arrested Antonio Palocci, a former finance minister and senior figure in the last two governments, as part of the Petrobras corruption probe, news reports said.Police said only that a former minister was arrested. The state-run Agencia Brasil and other news outlets identified the person as Palocci, 55, who served as finance minister under Luiz Inacio Lula da Silva and as chief of staff for Dilma Rousseff.Copyright AFP (Agence France-Presse), ...

World - South America

Colombia to sign historic peace deal BOGOTA: Colombia will turn the page on a half-century conflict that has stained its modern history with blood when the FARC rebels and the government sign a peace deal on Monday.President Juan Manuel Santos and the leader of the Revolutionary Armed Forces of Colombia (FARC), Rodrigo Londono -- better known by his nom de guerre, Timoleon "Timochenko" Jimenez -- are set to sign the accord at 5:00 pm (2200 GMT) in a ceremony in the ...