GENEVA (AP) — The Swiss government Wednesday announced steps to bolster its “too big to fail” rules aimed at avoiding potentially disastrous fallout from banking sector turmoil after woes last year at Credit Suisse before it was taken over by rival UBS. Finance Minister Karin Keller-Sutter told reporters that the measures will aim to protect taxpayers — who were briefly …
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South Korea’s liberal opposition parties were expected to win a landslide victory in Wednesday’s parliamentary election, initial exit polls suggested, a result that if confirmed would make conservative President Yoon Suk Yeol a lame duck for his remaining three years in office. The joint exit polls by South Korea’s three major TV stations – KBS, MBC and SBS – showed …
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Colombia’s influential former President Álvaro Uribe on Wednesday denounced as “political vengeance” a move by national prosecutors to bring him to trial in a case of witness tampering that has shadowed his legacy. Uribe insisted in a video message that there was no evidence against him, a day after prosecutors announced their intention to formally charge Uribe with bribery of …
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A confrontation between Argentine authorities and anti-government protesters angered by President Javier Milei’s spending cuts escalated on Wednesday, as protesters blocking the capital’s key thoroughfare were forcibly dispersed and eight of the movement’s participants arrested. In a rare move, riot police officers deployed powerful water cannons, drenching demonstrators. Argentines demanding more food for soup kitchens hurled sticks and stones, set …
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BOGOTA, Colombia (AP) — Colombia’s prosecutor’s office said Tuesday they will call former President Álvaro Uribe to trial for the alleged crimes of bribery of witnesses in criminal proceedings and procedural fraud, which would make him the first former president to face trial in the Andean country. The announcement represents a change of course in the criminal process against Uribe …
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BARCELONA, Spain (AP) — Spain’s parliament agreed Tuesday to consider legislation that could grant residency and work permits to hundreds of thousands of foreigners living in Spain without proper documentation. The proposal was brought to the Congress of Deputies in Madrid by citizen initiative after it obtained more than 700,000 signatures and the backing of some 900 organizations. from migrant …
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Venezuela’s once powerful oil minister, who resigned unexpectedly last year as prosecutors probed corruption and other wrongdoing at the highest levels of the state-run crude industry, has been arrested in connection with an alleged scheme that siphoned hundreds of millions of dollars from state coffers, the government announced Tuesday. The Ministry of Communications released images of Tareck El Aissami being …
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JOHANNESBURG (AP) — South Africa’s Electoral Court on Tuesday ruled that former President Jacob Zuma can run for office in the upcoming general election, overturning an earlier decision that had barred him from contesting the polls. The decision paves the way for Zuma to run for president on behalf of the uMkhonto weSizwe Party, or MK, a new political organization …
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There were plenty of reasons to criticize Mexico’s first presidential debate leading up to the June 2 election. The format was a bit constrictive, and the candidates’ timer wasn’t working at some points, leaving it unclear how much longer they could speak. But President Andrés Manuel López Obrador said Tuesday he had a novel reason for disliking Sunday’s debate: It …
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DAMASCUS, Syria (AP) — Iran’s foreign minister Monday accused the United States of giving Israel the “green light” for a strike on its consulate building in Syria that killed seven Iranian military officials including two generals. Hossein Amirabdollahian reiterated Tehran’s vows that it will respond to the attack, widely blamed on Israel, that appeared to signify an escalation of Israel’s …
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