Australia

Argentina will offer bonds as the first step to lift exchange controls

Argentina will offer bonds as the first step to lift exchange controls

Argentina is preparing a new instrument to allow companies to send dividends abroadr, a first step to lift a web of restrictions in its exchange market. The central bank announced Thursday that it plans to offer companies the same type of dollar-denominated bond, known as “Bopreal.”, which has been selling to importers. The series offered ...

Harvey Weinstein's conviction in New York is overturned and a new trial is ordered

Harvey Weinstein's conviction in New York is overturned and a new trial is ordered

Harvey Weinstein's sexual assault conviction in New York was overturned by the state's highest court, who found that the judge at the disgraced Hollywood movie mogul's trial in 2020 had made fundamental errors. In a 4-3 decision, the New York Court of Appeals on Thursday ordered a new trial, saying that the judge had wrongly ...

The United States arrested a PDVSA official linked to a sanctions evasion plan

The United States arrested a PDVSA official linked to a sanctions evasion plan

On April 19, US authorities arrested George Semerene, an official at the state-run Petróleos de Venezuela., in connection with a sanctions evasion schemeThe Department of Justice reported in a statement on Monday. Semerene, who worked as head of logistics, procurement and storage at PDVSA, He was detained upon arrival at Miami International Airporti, according to ...

Columbia University returns to remote classes due to anti-Israel protests on campus

Columbia University returns to remote classes due to anti-Israel protests on campus

Columbia University moved its classes online after days of anti-Israel protests that shook its New York campus and provoked condemnation from the White House and City Hall. The change is an effort to “de-escalate the rancor and give us all an opportunity to consider next steps,” Columbia President Minouche Shafik said in a statement. “Over ...

Why are China and the US competing for influence in Pacific island nations?

Why are China and the US competing for influence in Pacific island nations?

Competition is intensifying between China and the United States in the South Pacific, and each of them seeks to generate influence among island nations that have not received much attention from the superpowers since World War II. The stakes increased in 2022, when the Solomon Islands signed a security agreement with Beijing, the first in ...