Americas

Headlines

The declining quality of Venezuela’s propaganda

IN WEEKS of almost daily protests, opponents of Venezuela’s authoritarian regime have found different ways to express their anger. They have held raucous banner-waving marches, a silent demonstration and a sit-in on Caracas’s main roads. At least 29 people have died since March in the worst unrest in three years. Many of these...

Latin America’s great re-election debate

IF YOU need a pretext for a political climbdown in Latin America, they don’t come much better than a plea from the pope. That was the excuse that Horacio Cartes, Paraguay’s president, used to drop his plan to run for a second consecutive term in 2018, which required changing the constitution. He was inspired to desist, he wrote to the archbishop...

São Paulo’s mayor tries to make the city greener

Looking for places to hang a garden THE phrase “concrete jungle” might have been coined for São Paulo. Brazil’s megalopolis has 2.6 square metres (28 square feet) of green space for each of its 11m inhabitants, a tenth as much as New York and a fifth of what the World Health Organisation recommends. As with wealth, greenery is unequally distributed....

Donald Trump takes aim at Canada

“CANADA, what they’ve done to our dairy-farm workers, it’s a disgrace,” snapped Donald Trump from the Oval Office on April 20th. Mr Trump had just heard complaints from American producers of ultra-filtered milk, used to make cheese and yogurt, who said they were shut out of the regulated Canadian market after a change in the rules. “We...

A row over the colours in Argentina’s flag

ARGENTINA’S national colours are instantly recognisable. The flag’s sky-blue stripes and golden sun adorn everything from football shirts to fridge magnets. A huge monument in Rosario, a port city, marks the site where Manuel Belgrano, a founding father, raised the first flag in 1812. On the anniversary of his death, June 20th, schoolchildren...

Finance

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...

Baird and BR Partners announce investment banking alliance

Baird, an employee-owned, international financial services firm, and BR Partners, a leading independent investment bank in Brazil, today announced a strategic alliance for investment banking services, with an initial focus on cross-border mergers & acquisitions (M&A) between Brazil and Europe, and Brazil and the U.S. Through the alliance, the...

Legal

Breaking Up the Ninth Circuit Is Hard to Do

After another legal setback, President Trump said Tuesday he was 'absolutely' considering proposals to split the U.S. Ninth Circuit Court of Appeals because of its 'ridiculous rulings' against him.Trump has repeatedly criticized judges since his first and second travel bans were overruled, and spewed more of the same after the latest decision knocking...

Virtual Law Firms Are Seeking BigLaw Partners

Virtual law practice is nothing new to solo practitioners; they have been doing it successfully for decades.With varied success, virtual practitioners cracked the ranks of mid-sized firms less than a decade ago. But now that some wrinkles have been ironed out, virtual law firms are luring BigLaw attorneys with the carrot of working from home.According...

Facebook and Google Hit in $100M Scam

If you thought email phishing scams only targeted consumers and athletes looking for things in all the wrong places, think again.Online scammers look for money wherever they can find unsuspecting victims. That includes mega companies, like Facebook and Google.According to a criminal indictment, a Lithuanian named Evaldas Rimasaukas swindled more than...

Shortcut to Persuasive Writing: Follow Hemingway

There is a shortcut to persuasive writing, and it's been around for 100 years.It's like we got lost along the way, retreading the same old path of legal writing. Heretofore's and therefore's later, many lawyers still don't get it. Perhaps we are too proud to admit that we need editing.We should take a page from Ernest Hemingway, one of the most influential...

No Tribal Immunity for Negligent Driver, Supreme Court Rules

An Indian casino driver cannot claim tribal immunity from suit after he crashed into a car on an interstate highway, the nation's highest court ruled.The U.S. Supreme Court said that William Clarke was sued in his personal capacity -- not an official capacity -- and so he could not escape responsibility as a driver for the Mohegan Tribal Gaming Authority....

Acq Lite

BAE to launch fourth British Astute-class attack submarine

April 28 (UPI) -- BAE Systems debuted Britain's fourth Astute-class nuclear-powered submarine when it was rolled out of Devonshire Dock Hall Thursday, ahead of being lowered into the water Friday morning.The Audacious will be launched Saturday at Barrow-in-Furness, Cumbria, before starting its test and commissioning program to prepare for sea trials...

Navy issues contract for recoating, resurfacing of vessel surfaces

April 28 (UPI) -- International Marine & Industrial Applicators and QED Systems have been awarded a $260.1 million joint contract for coating work on U.S. Navy vessel surfaces, the Department of Defense announced this week.The work includes a variety of applications, including multiple-coating, ultra-high solids, epoxy and solvent based. It is also...

Canadian Commercial Corp. receives contract for naval optics

April 28 (UPI) -- The Department of Defense announced Thursday that the Canadian Commercial Corp. has received a contract for $49.5 million to procure the Military Sealift Command Situational Awareness System Electro-Optics Sensor system, which will be used for vessels in both the U.S. Navy and U.S. Coast Guard.The MSC-EOS is designed to provide night...

U.S. Navy to christen newest Virginia-class submarine

April 28 (UPI) -- The U.S. Navy will christen its latest submarine of the Virginia-class, the USS Indiana, on April 29 in Virginia, the Department of Defense announced this week.Vice-President Mike Pence will give a ceremonial address and Diane Donald, the wife of former director of Naval Nuclear Propulsion, retired Admiral Kirkland Donald, will serve...

Navy exercises nuclear fuel contract options for subs, aircraft carriers

April 28 (UPI) -- A BWXT subsidiary is to manufacture nuclear fuel and conduct other activities in support of U.S. Navy submarines and aircraft carriers, the company announced Thursday.The work by Nuclear Fuel Services, Inc., comes under $141.7 million in contract options from the U.S. Naval Nuclear Propulsion Program."NFS is dedicated to providing...