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Rousseff blasts ‘coup-plotter’ VP

Brazil / AFP Brazilian President DilmaRousseff took off the gloves, branding her vice president a traitor and coup-plotter ahead of an impeachment vote in Congress, with a party once in the ruling coalition set to cast a ballot against her. In a blistering speech, Rousseff, 68, charged: “If there were any doubts about my reporting that a coup is under ...

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‘European Parliament’ ejects nationalist German lawmaker

  BERLIN / AP A European Parliament faction that includes Britain’s governing party has ejected a lawmaker from the nationalist Alternative for Germany, which has drawn criticism over members’ remarks suggesting that police could shoot refugees trying to enter Germany. Alternative for Germany, or AfD, won seven European Parliament seats in 2014. Five lawmakers left for a new and more moderate ...

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3 French soldiers killed in Mali mine blast

  Mali / ap A mine explosion in Mali has killed three French soldiers, in an unusually deadly incident for French anti-terrorist forces in the region. The French Defense Ministry says that soldiers had been approaching Tessalit in northern Mali in a convoy of about 60 vehicles when the lead armored vehicle was hit Tuesday. The Defense Ministry initially reported ...

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Strike action continues at Brussels airport

  BRUSSELS / AP Belgian air traffic controllers continued strike action on Wednesday, forcing the cancellation of flights at Brussels airport as it struggles to get back up to capacity after the March 22 suicide bombings. Belgian flag carrier Brussels Airlines said that around 50 of its flights to and from the main international Zaventem airport were canceled. The strike action ...

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Dozens of Iraq MPs hold parliament sit-in

Baghdad / AFP Dozens of Iraqi lawmakers held an overnight sit-in at parliament to protest efforts by powerful political blocs to maintain control of key government posts, MPs said on Wednesday. The demonstration followed Tuesday’s postponement of a vote on a new lineup for the cabinet, which Prime Minister Haider Al Abadi has said should include technocrats instead of the ...

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Ukraine eyes Thursday vote on new pro-EU govt

  Ukraine / AFP Ukraine’s bickering parliament resumed horse-trading on Wednesday over the makeup of a new pro-EU government headed by the chamber’s speaker VolodymyrGroysman that could be voted on the following day. A senior member of President Petro Poroshenko’s party said that “according to my information, all the agreements have been reached and no further questions remain.” “We will ...

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Referendum little comfort for Darfur displaced

Sudan / AFP Among the sprawling thatch huts of Darfur’s Zamzam Camp for displaced civilians, there is little feeling a referendum on administrative status might remedy years of suffering caused by the conflict. The vote on whether Sudan’s restive west should unite its five states into a single region has been touted by Khartoum as proof of stability returning to ...

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Banking regulators reject 5 big banks’ living wills

  Bloomberg JPMorgan Chase & Co., Bank of America Corp. and three other major US banks failed to persuade regulators they could go bankrupt without disrupting the financial system and could now face a tighter leash from Washington after government agencies used one of the most significant post-crisis powers bestowed under the Dodd-Frank Act. The banks—also including Wells Fargo & ...

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Kenyan bank group seeks to calm depositors

  Bloomberg The challenges that led to the collapse of Chase Bank Kenya Ltd. are isolated and don’t indicate an unstable lending industry or pose a systemic risk, according to the East African nation’s main banking lobby group. Chase Bank, which was placed under receivership on April 7, was the third small-sized lender in nine months to go into statutory ...

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Deutsche bank to hire Boyle to lead equity derivatives

  Bloomberg Deutsche Bank AG, Europe’s biggest investment bank, hired James Boyle from Citigroup Inc. as global co-head of its equity-derivatives business following a slump in the unit’s sales, according to two people familiar with the decision. Boyle, who is based in Hong Kong, will also be head of equities for the Asia Pacific region, said the people, who asked ...

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