Americas

Headlines

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...

Chile in a Spanish mirror

A LONG dictatorship ended in a negotiated transition to democracy. The centre-left took office with a moderate programme, reassured the right by pursuing pro-market economic policies, added better social provision and reconnected the country to the world. Power later switched to the right, which persuaded the country that it had become democratic....

The arrest of two fugitive Mexican governors

ONE of the odder pieces of evidence turned up by investigations of Javier Duarte, a former governor of the state of Veracruz, was an exercise book with his wife’s scrawl. “Sí merezco abundancia” (“Yes I deserve wealth”), she had written, over and over. During six years in charge of the state on the Gulf of Mexico, Mr Duarte allegedly...

New Brazilian corruption probes and their consequences

THE latest revelations of wrongdoing in high places struck Brazil with the force of a Netflix release: they are riveting, but so far have left the real world undisturbed. On April 12th Edson Fachin, the supreme-court justice who is overseeing a vast probe into corruption centred on Petrobras, the state-controlled oil company, authorised prosecutors...

Canada agrees on free trade with itself

But is it locally spawned? DOING business across Canada is not for the impatient. Its ten provinces and three territories see themselves as quasi-countries. They set standards and write laws with little regard for what their neighbours are doing. In Ontario petrol must be at least 5% ethanol; Manitoba insists on an 8.5% blend. Each province has...

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

FTC Settles 'Supercookies' Case

In the sci-fi movie Minority Report, Tom Cruise has his eyes removed in a gross scene that you cannot unsee. So don't watch it just because of this movie reference.But there is another part of the movie that you can't ignore. In the future, the movie shows how companies will be able to track us and push custom-tailored ads at us wherever we go. There...

Is It Time to Grow Your Marijuana Practice?

Is it too cheesy to say that the pot practice is growing like a weed?Hey, it is what it is. Marijuana actually does grow like a weed and some lawyers are riding high on its popularity.According to a CBS poll, support for legalized marijuana is growing. More than 60 percent of Americans think it should be legal for recreational use and 88 percent favor...

Appellate Judge John Noonan Remembered

Like other accomplished jurists who have passed on, Judge John T. Noonan, Jr. left a legacy of decisions that will live on in American jurisprudence.Some may recall his opinion in a landmark decision to uphold physician-assisted suicide, ultimately adopted by the U.S. Supreme Court. Others may remember his decision to stay the execution of Robert Alton...

Discovery Communications Names New General Counsel

Savalle Sims has been named the new general counsel for Discovery Communications.Sims, formerly deputy general counsel, will lead the company's global legal teams and manage legal issues worldwide. In the new position, she reports to Bruce Campbell, chief development and legal officer."Savalle is a strong leader, with an incredible legal mind and strategic...

Berkeley Settles Sex Harassment Case Against Former Law School Dean

Ending a story that may never be told in court, UC Berkeley School of Law has settled a controversial sexual harassment case against the school and its former dean.Sujit Choudhry, who resigned as dean last year after a former assistant sued him for sexual harassment, has settled the case. So has the university, which will pay $1.7 million to Tyann Sorrell...

Acq Lite

Taco Bell soon will be serving cerveza in Canada

April 26 (UPI) -- Taco Bell soon will be serving cerveza in Canada, expanding its menu in a push to quadruple its number of stores over the next 10 years.Taco Bell Canada announced Tuesday some of its restaurants will serve alcohol starting in June. Consumers 19 and older will be able to purchase a selection of beer with "the potential for more beverages...

Second Boeing T-X trainer aircraft has successful test flight

April 25 (UPI) -- The test flight of Boeing's second T-X trainer aircraft, in a partnership with Saab, took place on April 24th. The plane is marketed as a platform for advanced pilot training, with the US Air Force considered its primary customer."The jet handled exactly like the first aircraft and the simulator, meeting all expectations," Boeing Test...

Rockwell Collins gets contract for improved cyber security

April 25 (UPI) -- Rockwell Collins has been contracted by the U.S. military to use mathematics-based development methods to secure platforms against cyber attack.The Mathematics-based techniques were developed by Rockwell Collins and its partners in the High Assurance Cyber Military Systems, or HACMS, program of the U.S. Defense Advanced Research Projects...

U.S. Marine Corps tests WiFi system at its air stations

April 25 (UPI) -- The Marine Corps is setting up a pilot program to install Wi-Fi in its aviation hangars. The first such system started information at Marine Corps Air Station New River, North Carolina in January.Marine Corps Systems Command and Headquarters Marine Corps Command, Control, Communication and Computers, is overseeing the program. It is...

DCNS to build intermediate-sized frigates for the French navy

April 25 (UPI) -- Five intermediate-sized frigates are to be constructed for the French Navy by DCNS under contract from the French defense procurement agency, DGA.The ships are to be developed and built using the company's new BELH@RRA frigate. The French version of the ships will enter into active service in 2025, the company said.Thales is partnering...