Americas

Headlines

Adoptions in America are declining

SHOULD state-funded adoption agencies be able, for religious reasons, to turn down prospective parents? An increasing number of states say they should, or are beginning to consider it. South Dakota has had such a law since March; Alabama’s governor signed a version in May; the governor of Texas, Greg Abbott, has a bill on his desk awaiting signature....

How to protect offshore oil platforms from roaming icebergs

RICK DURNFORD lassoes icebergs for a living. The ship he captains, the Maersk Detector, unspools thick polypropylene rope, circles around a floating island of ice to form a loop, tows the berg away and releases it onto a new course. It is a tricky process. In the patch of the North Atlantic where Captain Durnford operates, not far from where the Titanic...

Is Mexico’s government spying on its critics?

MEXICANS do not trust their government. Just 29% have some confidence in the institution, according to Latinobarómetro, a polling firm. A report in the New York Times on June 19th, widely broadcast by the Mexican media, must have reduced that number. It said that software sold to the government to spy on suspected criminals had turned up on the...

Donald Trump closes the door to Cuba—a bit

IT WAS typical Trumpian pageantry. On a bunting-trimmed stage at the Manuel Artime theatre in Miami’s Little Havana neighbourhood, the president of the United States declared on June 16th that he was “cancelling” the “completely one-sided deal with Cuba” made by his predecessor, Barack Obama. There is much less to this than Donald Trump’s...

Who governs Peru?

TO LOSE a minister to congressional censure is a normal hazard of democratic life. For a government to lose four in its first year, including the ministers of finance and the interior, on spurious grounds smacks of a parliamentary conspiracy. That is the drama that may soon face Pedro Pablo Kuczynski, Peru’s president. A year ago Mr Kuczynski,...

Finance

Implications of the money laundering law reform

The amendment to the money laundering law approved in the first debate requires accountants, lawyers and real estate agents to report suspicious transactions made by their clients.Bill 19.951 reforming the Law on Narcotic Drugs, Psychotropic Substances, Drugs of Unauthorized Use, Related Activities, Legalization of Capital and Financing of Terrorism...

Wall Street finishes flat ahead of earnings season, key US-China meeting

It was a fairly flat session on Wall Street overnight, as investors exercised caution ahead of the first-quarter earnings season and a meeting between the US and Chinese presidents later this week. Investors will be focussed on the potentially tense meeting between Donald Trump and Xi Jinping on Thursday and Friday, after Mr Trump held out the possibility...

GLC Advisors Strengthens Advisory and M&A Expertise with Addition of Senior Bankers

Addition of Several Industry Bankers Including Former St. Charles Capital Professionals Deepens Firm’s Expertise and Relationships Across Technology, FIG, Consumer, Retail and Energy IndustriesGLC Advisors & Co., LLC (“GLC Advisors”) is pleased to welcome nine seasoned M&A professionals, including former Partners and professionals of Denver based...

Columbia Threadneedle opens office in Chile

Columbia Threadneedle Investments has opened its first Latin American office in Santiago, Chile. As its first proprietary distribution hub for the Andes (Chile, Peru and Colombia), the new office will serve the asset manager’s institutional and wholesale clients in the region. Columbia Threadneedle has also appointed Santiago Zarauza Riestra...

TCA Fund Management Group Seeks New Opportunity Among Under-Served Small And Middle Market Developing Companies

Specialist finance and advisory firm TCA Fund Management Group Corp. (‘TCA’) announced its intention to launch a small-cap private equity fund to invest in under-served growth stage companies, primarily in the US and UK. TCA Opportunities Fund I, LP, registered with the Guernsey Financial Services Commission will seek just to target 15 to...

Legal

Privacy, Security Risks When Telecommuting

If you telecommute from home, chances are you don't have a receptionist there.Nobody screens phone calls or checks for identification, either. If you have a home office, it probably doesn't have a lock on the door.The main office, on the other hand, typically has all of these features. They are part of the business, and they provide some security.For...

Government Can't Take Citizenship From Refugee for Lying to Immigration

A Serbian refugee who lied to immigration officials cannot be stripped of her American citizenship because her lie was immaterial, the U.S. Supreme Court said."We have never read a statute to strip citizenship from someone who met the legal criteria for acquiring it," Justice Elena Kagan wrote in Maslenjak v. United States. "We will not start now."The...

Should You Sue 'Judgment Proof' Defendants?

As with so many legal questions, the answer to whether to sue a judgment proof defendant is this: it depends.That's because, in part, there are lawyers on both sides of the issue. So if you are an attorney, you can blame your profession for being part of the problem.In any case, the question is serious enough to answer before waiting for a judge or...

Law Grad Sues Her Law School and Twitter

If at first you don't succeed, file an amended complaint.It may sound like first-year civil procedure, but that's what law school graduate Tiffany Dehen knows so far. She sued her law school in February for defamation after someone there created a fake Twitter account to mock her. Bloggers mocked her more for a "rambling lawsuit," so, well, she did...

California's 30-Day Impound Law Violates 4th Amendment

If police impound your client's car for driving on a suspended license, chances are the police won't give it back until the client pays a hefty fine and penalties.In California, it also means the client won't get the car for 30 days. Or so it used to be, until one feisty driver sued the police for violating her Fourth Amendment rights.The U.S. Ninth...

Acq Lite

Arete Associates receives mine detection contract for Littoral Combat Ship

June 23 (UPI) -- Arete Associates is being awarded a $8.5 million contract for the production of AN/DVS-1 Coastal Battlefield Reconnaissance and Analysis subassemblies.The contract will provide the AN/DVS-1 COBRA for the Navy's Littoral Combat Ship mine countermeasures role, the Department of Defense announced Thursday. The work will be conducted in...

Air Force Thunderbird flips in Dayton after practice for air show

June 23 (UPI) -- The incident occurred during after an Air Force Thunderbird aerial demonstration team exercise at Dayton International Airport.A Thunderbird F-16D Fighting Falcon jet flipped over on the runway while taxiing, and two people were reported trapped in the plane. A crash crew from Wright-Patterson Air Force Base, along with heavy rescue...

Rafael unveils Drone Dome anti-drone system

June 23 (UPI) -- A radar and laser beam system for detecting and destroying drones has been unveiled at the Paris Air Show by Israel's Rafael Advanced Defense Systems Ltd.The system, called Drone Dome, has a range of up to several miles and causes minimal interruptions to other systems in nearby urban areas, the company said during at the Paris Air...

First upgraded LAV-ATM anti-tank vehicles roll off line for Marines

June 23 (UPI) -- The first two Light Armored Vehicle Anti-Tank Modernization A2s have completed their retrofitting with the Modified Target Acquisition System weapons turret.The upgrade was completed at Production Plant Barstow, Marine Corps Logistics Base Barstow, Calif., by Raytheon technicians, the U.S. Marine Corps said on Friday.The MTAS replaces...

Oman receives first Eurofighter Typhoon

June 23 (UPI) -- The first of 12 Eurofighter Typhoon fighter aircraft has been deliver to the Royal Air Force of Oman in a ceremony held this week.Commander of the Royal Air Force Air Vice-Marshal Mattar bin Ali bin Mattar Al Obaidani was present for the ceremony on Wednesday at Adam Air Base in Oman.The Royal Air Force of Oman currently relies on small...