06262016Sun
Last update: Sun, 26 Jun 2016 06pm

South America

World - South America

Argentine president to reinvest Bahamas riches at home BUENOS AIRES: Argentine President Mauricio Macri, who has been swept up in the Panama Papers controversy over offshore assets, said Monday he would repatriate the funds from his account in the Bahamas.The conservative president came under fire when his name emerged in the leak of millions of documents last month from Panamanian law firm Mossack Fonseca, showing he was on the boards of two offshore companies linked to his father, a wealthy business magnate.Asked at a press conference about his plans for the $1.2 million he recently declared he has in an account in the Bahamas -- where one of the offshore companies is listed -- Macri said he would reinvest it in Argentine treasury bills."I've ordered the administrator (of the Bahamas account) to send my savings to Argentina," he said.The statement comes after Macri last week proposed an amnesty for Argentines with undeclared money overseas who repatriate it, saying ...

World - South America

Armed squad kills 11 people in Venezuela: official CARACAS: Eleven people, including a Colombian national and three minors, were killed by an armed squad in Venezuela, the Attorney General's office said Sunday.The victims were in their homes Saturday morning when several armed men forced them to move into the courtyards where they were shot dead, a statement said of the killings that took place in the state of Trujillo. The suspects fled the scene in cars and motorcycles, according to the statement.The victims ...

World - South America

WHO rejects calls to move Olympics over Zika fears GENEVA: The World Health Organization has ruled out any change in timing or the location of the upcoming Olympic Games in Rio de Janeiro, shunning a call by doctors and scientists to shift the games over the Zika virus.The UN health body outlined its stance in a statement late Friday after a group of 150 international doctors, scientists and researchers sent an open letter outlining fears that the arrival of half a million tourists for ...

World - South America

Colombia rebels free Spanish journalist BOGOTA: The Colombian rebel group ELN freed a prominent Spanish-Colombian journalist Friday after holding her nearly a week in captivity.The correspondent, Salud Hernandez-Mora, confirmed she was abducted and held by the communist guerrillas of the National Liberation Army (ELN) and thanked the Catholic Church for facilitating her release.She said two other journalists believed held by the rebels were set to be released "very soon."Hernandez-Mora, who works for Spanish newspaper El Mundo and Colombia's El Tiempo, ...

World - South America

Argentine court sentences S. American ex-army officers for atrocities BUENOS AIRES: An Argentine court sentenced former South American army officers Friday for their role in Operation Condor, a program by the continent's military regimes to torture and kill leftist dissidents in the 1970s and 1980s.The court, the first to try atrocities committed under the six-nation plan, sentenced former Argentine dictator Reynaldo Bignone to 20 years and retired Uruguayan colonel Manuel Cordero -- the only non-Argentine national in the dock -- to 25 years.Most of ...

World - South America

Venezuelan opposition investigating alleged corruption amounting to $69 billion CARACAS: Venezuela's opposition-controlled legislature is investigating 89 alleged cases of corruption involving currrent and former government officials amounting to $69 billion dollars, lawmaker Freddy Guevara said on Thursday."It's possible to buy basic necessities for 900 million people with that money," he said. "It can feed the entire country for 30 years."Guevara is chairman of the National Assembly's comptroller committee, which conducts inquiries into financial dealings.He brought up Venezuela's major shortages of food and medicine, the ...

World - South America

Thousands of Brazilian job seekers line up in Rio street RIO DE JANEIRO: Thousands of Brazilians lined up Wednesday at a Rio jobs fair, many of them so desperate to escape the country's economic nosedive that they said they'd take anything on offer.In a symbol of Brazil's precipitous slide into economic hardship, the almost stationary queue stretched right across a large central square.They were young, old, women, men, and their anxious faces told the story of a country where unemployment in the first trimester was ...