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Citibank to close key Venezuela payment account, says Maduro

  Caracas, Venezuela / AFP Citibank plans to close the account Venezuela uses to make international payments, President Nicolas Maduro said, accusing the US-based bank of mounting a “financial blockade.” “Citibank, with no warning or communication, says that it is going to close the Central Bank and Bank Of Venezuela account. That is what you call a financial blockade,” the ...

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Merkel, Kenny want Britain’s May to quickly define EU relations

  Berlin, Germany / AFP German Chancellor Angela Merkel and Irish Prime Minister Enda Kenny said on Tuesday they expected Britain’s new government to quickly define its relationship with the EU after conservative Theresa May becomes PM. The European Union could not put forward any proposals on the two sides’ future relationship “until it’s clear what the strategy from Britain ...

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EU launches controversial internet privacy deal with US

  Brussels, Belgium / AFP The European Union on Tuesday launched a controversial deal with the United States aimed at curbing government spying on the personal internet infomation of European citizens. The deal replaces one struck down by the EU’s top court in October, a decision which left firms like Google and Facebook in legal limbo over whether they could ...

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