Americas

Headlines

What the data say about the integrity of Honduras’s election

THE electoral commission of Honduras (TSE) will not declare a winner in the presidential election, held on November 26th, until after a recount of some kind. The first count suggests that Juan Orlando Hernández won re-election. He beat Salvador Nasralla, a sports broadcaster, by 42.98% to 41.38%. Mr Nasralla charges that the result is fraudulent. A...

Honduras’s political crisis takes an unexpected turn

FOR a few days, Honduras felt like a country on the brink of chaos. People queued for hours at banks, supermarkets and petrol stations, as they had before a hurricane in 1998 and a coup in 2009. Shopkeepers shut early to prepare for looting. Thousands of people took to the streets in protest; some banged pots, burned tires and hurled Molotov cocktails....

Cuba’s leaders are trapped between the need for change and the fear of it

FOR decades Cuban exiles in Miami dreamed of the day that Fidel Castro would die. They imagined that Cubans would then rise up against the communist dictatorship that he imposed. Yet when, a year ago this week, Castro’s ashes were interred in his mausoleum, it was an anticlimax. His brother, Raúl, who is now 86, has been in charge since 2006....

Justin Trudeau searches in vain for new free-trade partners

JUSTIN TRUDEAU, Canada’s prime minister, set off for China on December 2nd amid speculation that the two countries would start free-trade talks. Canada needs new markets because the United States is turning inward. China wants to gain better access to Canada’s commodities and technology and to set a precedent for talks with other G7 countries....

Was Donald Trump’s campaign too chaotic to pull off a conspiracy?

AMID the spicy anecdotes, superficial insights, sycophancy, score-settling and casual loutishness displayed in a new memoir of Donald Trump’s election campaign, “Let Trump be Trump”, by Corey Lewandowski and David Bossie, the two essential characteristics of Trumpland shine through. One is a permanent state of confusion, and sometimes chaos,...

Finance

Pendo Systems name Ruth Wandhöfer, a globally recognized banking expert, to their Board of Directors

Pendo Systems is proud to announce that Ruth Wandhöfer, Global Head of Regulatory and Market Strategy at Citi, has joined their board. Ms. Wandhöfer is a banking regulatory expert and one of the foremost authorities on transaction banking regulatory matters. Her reputation has been built around her ability to drive regulatory and industry dialogue...

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...

Legal

Tips for Law Students Job Hunting During Winter Break

One of the biggest hurdles to landing a good job for law students is taking the time to prepare a thoughtful application. That's why over winter break, law students might want to actually consider spending some time on their resumes and cover letters, and maybe even start sending some out.While it's important to get some rest and relaxation over winter...

New Guidelines on When Judges Should Use Internet Research

Sometime after Al Gore invented the internet, judges started including internet sources in their decisions.That was then. Now the American Bar Association has invented guidelines for how judges should use the internet for legal research.And if you believe that Gore invented the internet or that the ABA can tell judges how to do their jobs, you may...

How Facial Recognition is Used by Law Enforcement

If someone updates George Orwell's 1984, they should explain how Big Brother grew up.Yesterday, it happened through DNA evidence. Today, it's happening with facial recognition software.In the latest chapter on the technology's application, police used the software to catch suspects who stole circuit breakers from businesses in Southern California. As...

'Booster Bag' Not a Burglary Tool, Court Rules

When a shoplifter stoops to stealing clothes, you gotta feel a little sorry for him or her.And when he falls to the ground convulsing, it's almost a tragedy. But when it turns out he used a special bag to get the merchandise through electronic sensors, that's a different story.And so a jury convicted the California man of burglary, grand theft, and...

Crowdfund for a Worthy Legal Cause?

Lisa Walinske, an attorney, is not homeless. It just looks that way.She's on a type of strike, living in a shack to raise money for a non-profit law firm to help homeless, poor and underprivileged people. But her 12-year-old son said she looks homeless."He's homeless," Walinske told a reporter while pointing to a bearded man in his 50s. "I'm trying...

Acq Lite

Report: Two years, $2M wasted on warfare system after Navy skips development step

Dec. 11 (UPI) -- The Pentagon's Inspector General has declassified an investigation into the U.S. Navy's Surface Electronic Warfare Improvement Program, finding waste of nearly $2 million and lengthening the acquisition process by about two years with inadequate results.The report, released Monday, found that the Surface Electronic Warfare Improvement...

LifePort approved for armor for Bell 412EP helicopters

Dec. 11 (UPI) -- A company that designs and integrates armor for aircraft has been granted an FAA Supplemental Type Certificate to equip Bell 412EP helicopters.The LifePort armor for the Bell 412EP, a member of the Huey family of rotary aircraft, is 30 percent lighter in weight than other systems, provides NIJ Level III multi-hit ballistic protection...

Huntington Ingalls christens new Legend-class cutter for Coast Guard

Dec. 11 (UPI) -- Huntington Ingalls' shipbuilding division on Monday christened the Legend-class National Security Cutter Midgett WMSL-757 for the U.S. Coast Guard.The Legend-class national security cutters, considered the flagships of the U.S. Coast Guard, are capable of conducting maritime homeland security, law enforcement and national security missions."We...

Diesel Engineering to supply Israel with engines for personnel carriers

Dec. 11 (UPI) -- Diesel Engineering Inc. has been awarded a contract to provide engines and transmission kits for the Achzarit heavy armored personnel carriers for the Israeli Defense Forces.The Department of Defense on Friday announced the $10.4 million contract, which falls under the terms of a firm-fixed-price contract.A caveat to the deal provides...

Army taps Northrop Grumman for new radar risk reduction work

Dec. 11 (UPI) -- Northrop Grumman reports a U.S. Army contract to perform risk reduction for radar technology and associated mission capabilities.The work under the contract issued by the Army's Lower Tier Program Office, or LTPO, is intended to replace the Army's 50-year-old Patriot radars."We are excited about this award and the overall mission capabilities...