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CNN —A mayoral candidate has been assassinated and three others injured in a shooting in the Mexican city of Celaya, in the latest violence to mar the run-up to the country’s looming general election. Gaytán’s death is the latest in a spate of killings that have taken place in the run-up to Mexico’s general election, which is expected to be held on June 2. Bertha Gisela Gaytán From Bertha Gisela GaytánGaytán had been campaigning for Morena, the party of Mexican President Andrés Manuel López Obrador. Criminal gangs are known to finance campaigns during election season, intimidating candidates and violently intervening to compel politicians to cooperate with them, according to a report from Integralia Consultants. Shortly before Monday’s attack, Gaytán had told a political rally that she had requested security.

Persons: CNN —, Bertha Gisela Gaytán, San Miguel Octopan, Adrián Guerrero, Guerrero, Bertha Gisela Gaytán Gaytán, Morena, Andrés Manuel López Obrador, Lopez Obrador, ” Morena, ”, Gaytán, ” Gaytán, Diego Sinhue Rodríguez Vallejo Organizations: CNN, Celaya, Federal Public Security, Authorities, Integralia Consultants Locations: Mexican, Celaya, San Miguel, Guanajuato, Celaya’s, Mexico’s, Mexico

☆ Former South Carolina Gov. Mark Sanford says it'd take 'a meteor strike' for Nikki Haley to win the state's GOP presidential primary
▼ + stars: | 2024-02-17 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Mark Sanford told Politico Magazine it'd take "a meteor strike" for Haley win South Carolina. Mark Sanford in a recent interview said that it'd take "a meteor strike" for fellow South Carolinian Nikki Haley to defeat former President Donald Trump in the state's presidential primary. Early in the GOP primary, South Carolina Gov. In the latest CBS News/YouGov poll, Trump led Haley 65% to 30% among likely South Carolina GOP primary voters. Upon returning to South Carolina, he admitted to the affair during a news conference at the state capitol in Columbia.

Persons: Mark Sanford, Haley, Sanford, Trump, Nikki Haley, Donald Trump, Henry McMaster, South Carolina Sen, Lindsey Graham, Trump's, hasn't, Mike Johnson, Tim Scott, Carolinians, María Belén, Jenny Sanford, Chapur Organizations: South Carolina, CBS, GOP, Former South Carolina Republican Gov, South, Politico Magazine, South Carolina Gov, Politico, New, Trump, South Carolina GOP, Winthrop University Locations: South Carolina, Carolina, Nikki, Iowa, New Hampshire, California, Texas, Sanford, Argentina, Columbia

New Mexico's Legislature has approved a bill aimed at reducing pollution from cars and trucks by creating financial incentives for transportation fuel producers and importers to lower the carbon intensity of their products. The bill calls for a reduction in the intensity of greenhouse gas emissions for transportation fuels used in the state — of 20% by 2030 and 30% by 2040. It would require producers of high-polluting fuels to buy credits from producers and importers of low-carbon fuels. The transportation sector is the second largest source of greenhouse gas emissions in New Mexico behind the oil and natural gas industry. “I am concerned about what this bill will do to the price of transportation fuel," Sen. Greg Nibert of Roswell said during Tuesday's Senate floor debate.

Persons: Michelle Lujan Grisham, State Sen, Mimi Stewart, Albuquerque, “, Sen, Greg Nibert, Roswell, Bill cosponsor, Kristina Ortez, ”, Greg Baca, Belen, we're Organizations: Democratic Gov, Department, Democratic, Chevron, New Mexicans, ” Republican Locations: California , Oregon, Washington, Mexico, New Mexico, State, Tuesday's, Taos, ”

☆ 'Europe is lagging behind' on innovation, says Merck KGaA CEO
▼ + stars: | 2024-01-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Europe is lagging behind' on innovation, says Merck KGaA CEOBelén Garijo, CEO of Merck KGaA, discusses European regulation, growth and innovation with CNBC at Davos.

Persons: Merck, Belén Garijo, Merck KGaA Organizations: Merck, CNBC Locations: Davos

"Given the transition in Argentina, we are handing the subject to the new government, which has indicated they want a deal," the Brazilian foreign ministry spokesman said. A European official with knowledge of the talks said Argentina was no longer open to finalizing the deal on Mercosur. Argentine negotiators who were due to travel to Brasilia for final push to close the deal canceled their trip, a Brazilian government trade official told Reuters. Officials wanted to wrap up agreements before Argentina's Milei takes office on Dec. 10, as he has criticized the trade deal that took two decades to negotiate. Argentina's incoming foreign minister, Diana Mondino, said it was important to sign the EU-Mercosur accord after she visited Brasilia last Sunday to meet Brazil's foreign minister.

Persons: Javier Milei, Milei, Diana Mondino, Anthony Boadle, Marcela Ayres, Lisandra, Matthew Lewis Organizations: European Union, Mercosur, Argentine, Reuters, EU, Milei, Diplomats, Thomson Locations: BRASILIA, Argentina, Mercosur, Brasilia, American, Brazil, Argentine, Belen, Madrid, Jorgelina, Rosario, Buenos Aires

☆ EU-Mercosur Deal's Future up to New Argentina Government -Sources
▼ + stars: | 2023-12-02 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +3 min

Persons: Anthony Boadle BRASILIA, Javier Milei, Milei, Diana Mondino, Anthony Boadle, Marcela Ayres, Lisandra, Matthew Lewis Organizations: Reuters, European Union, Mercosur, Argentine, EU, Milei, Diplomats Locations: Argentina, Mercosur, Brasilia, American, Brazil, Argentine, Belen, Madrid, Jorgelina, Rosario, Buenos Aires

☆ Spain denounces 'indiscriminate' Gaza deaths, angering Israel
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +3 min

[1/2] Secretary-General of the Arab League Ahmed Aboul Gheit meets with Spain's Prime Minister Pedro Sanchez and Belgium's Prime Minister Alexander De Croo to discuss the ongoing conflict between Israel and Hamas, in Cairo, Egypt November 24, 2023. Israeli Prime Minister Benjamin Netanyahu also weighed in, saying the two European leaders had failed to spotlight what he called crimes against humanity committed by Palestinian militants of Hamas. Hamas fighters burst into Israel from Gaza on Oct. 7 in an attack Israel says killed 1,200 people, mostly civilians. Israel has bombarded Gaza and sent in troops and tanks in retaliation, killing about 14,000 Gazans, around 40% of them children, according to Palestinian health authorities. On Thursday, Sanchez met Netanyahu and Israeli President Isaac Herzog in Israel Palestinian President Mahmoud Abbas in Ramallah in the occupied West Bank.

Persons: Arab League Ahmed Aboul Gheit, Pedro Sanchez, Alexander De Croo, Mohamed Abdel, Sanchez, Eli Cohen, De, Benjamin Netanyahu, Netanyahu, Netanyahu's, Jose Manuel Albares, Albares, Isaac Herzog, Mahmoud Abbas, Inti Landauro, Ari Rabinovitch, Andrew Gray, Emma Pinedo, Charlie Devereux, William Maclean, Grant McCool Organizations: Arab League, Spain's, Belgium's, Hamas, REUTERS, Spanish, Belgian, Israel's, Palestinian, West Bank, Thomson Locations: Israel, Cairo, Egypt, Gaza, Rafah, Spain, Belgium, Spanish, Hamas, Ramallah, Belgian, Madrid, Jerusalem, Brussels

☆ Spanish PM floats peace conference idea in meeting with Israel's Netanyahu
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +3 min

[1/2] Spanish Prime Minister Pedro Sanchez and Belgian Prime Minister Alexander de Croo pose during a meeting with Israeli Prime Minister Benjamin Netanyahu in Jerusalem, November 23, 2023. "Today, more than ever, we need to bring back a serious and credible prospect for peace," Sanchez said after talks with Netanyahu. Sanchez said he and unspecified colleagues had proposed holding an international peace conference with the parties as soon as possible. "It is in Israel's interest to work for peace, and today, peace means the establishment of a viable Palestinian state that includes the West Bank, Gaza and East Jerusalem, according to the U.N. resolutions," he said. U.S. officials have said the time is not right to try to resume peace talks given the protracted intransigence of both sides.

Persons: Pedro Sanchez, Alexander de Croo, Benjamin Netanyahu, Borja Puig de la, Sanchez, Isaac Herzog, Mahmoud Abbas, Netanyahu, Alexander De Croo, De Croo, David Latona, Marine Strauss, Aislinn Laing, Mark Heinrich Our Organizations: Spanish, Belgian, Israeli, Reuters Acquire, Rights, Hamas, West Bank, European Union, Arab League, Organisation for Islamic Cooperation, West, of, Union, Palestinian Authority, Jerusalem, Thomson Locations: Jerusalem, Moncloa, Handout, Rights MADRID, U.S, Israel, Palestinian, Ramallah, Egypt, West Bank, Gaza, East Jerusalem, Barcelona, Jordan, Lebanon, Syria, Madrid, Oslo, Brussels

Spain's Prime Minister Pedro Sanchez takes the oath of office during a ceremony at Zarzuela Palace in Madrid, Spain November 17, 2023. Calvino, who is the frontrunner for the top job at the European Investment Bank scheduled to be announced at the end of the year, will also keep her position as first deputy prime minister, Sanchez said in a televised statement. Given the anticipated difficulty of passing laws with a minority government, Budget Minister Maria Jesus Montero will be promoted to be one of four deputy prime ministers. His four deputy prime ministers are all female. Junior coalition partner Sumar got five portfolios, keeping its share of power within the cabinet.

Persons: Pedro Sanchez, Andres Ballesteros, Nadia Calvino, Calvino, Sanchez, Teresa Ribera, Maria Jesus Montero, Jose Manuel Albares, Yolanda Diaz, Sumar, Felix Bolanos, Ana Redondo, Irene Montero, Ione Belarra, Belen Carreno, Inti, Aislinn Laing, Toby Chopra, Charlie Devereux, Ed Osmond, William Maclean Organizations: Spain's, Rights, Socialist, European Investment Bank, European, Energy, Labour, Socialists, Junior, Thomson Locations: Zarzuela, Madrid, Spain, Rights MADRID, Maria Jesus Montero ,, Sumar

☆ Sanchez Wins Spanish Parliament's Backing for New Term as PM
▼ + stars: | 2023-11-16 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

MADRID (Reuters) - Spain's lower house of parliament on Thursday voted to make Pedro Sanchez prime minister for another term by a wafer-thin margin, ending a protracted deadlock after an inconclusive general election in July. His Spanish Socialist Workers' Party (PSOE) had reached separate deals with a number of regional parties to earn their backing, including a contentious bill on amnesty for Catalan separatists that has sparked protests across Spain. The "nays" stemmed from the conservative People's Party, the far-right Vox and the People's Union of Navarre's lone lawmaker. PSOE's hard-left ally Sumar, Catalan pro-independence parties Junts and ERC, Basque parties PNV and EH Bildu, Galicia's BNG and the Canary Coalition all voted for Sanchez, who first acceded to the office in 2018. (Reporting by Belén Carreño, Inti Landauro and Emma Pinedo; Writing by David Latona; Editing by Andrei Khalip)

Persons: Pedro Sanchez, Sanchez's, Vox, Navarre's, PSOE's, Sumar, Galicia's BNG, Sanchez, Belén Carreño, Inti Landauro, Emma Pinedo, David Latona, Andrei Khalip Organizations: Spanish Socialist Workers ' Party, PSOE, People's Party, People's Union, Junts, ERC, Canary Coalition Locations: MADRID, Spain, Catalan, Basque

Sanchez's confirmation as premier would end four months of uncertainty since an election in July produced no outright winner. Authorities said 15 people were arrested in a 2,000-person protest on Wednesday night outside the Socialist Party headquarters in Madrid following clashes with police. Feijoo, who accused Sanchez of undermining the rule of law on Wednesday called for mass protests on Saturday Nov 18. Sanchez argued on Wednesday that an amnesty would help to defuse tensions in Catalonia. Reporting by Belen Carreño and Emma Pinedo; Writing by Charlie Devereux; Editing by Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.

Persons: Pedro Sanchez applauds, amnesties, Catalonia's, Sanchez, Pedro Sanchez, Alberto Nunez Feijoo, Jorge Pueyo, Sumar, Patxi Lopez, Feijoo, Miriam Nogueras, Nogueras, Belen Carreño, Emma Pinedo, Charlie Devereux, Sharon Singleton Organizations: Spain's, Socialist, People's Party, Sanchez's Socialist Party, PSOE, ERC, Socialists, Authorities, Socialist Party, Thomson Locations: MADRID, Spain, Catalonia, Basque Country, Galicia, Madrid, Socialist

☆ Sanchez wins Spanish parliament's backing for new term as PM
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +1 min

His Spanish Socialist Workers' Party (PSOE) had reached separate deals with a number of regional parties to earn their backing, including a contentious bill on amnesty for Catalan separatists that has sparked protests across Spain. Sanchez's bid garnered 179 votes in favour and 171 against, with no abstentions. The "nays" stemmed from the conservative People's Party, the far-right Vox and the People's Union of Navarre's lone lawmaker. PSOE's hard-left ally Sumar, Catalan pro-independence parties Junts and ERC, Basque parties PNV and EH Bildu, Galicia's BNG and the Canary Coalition all voted for Sanchez, who first acceded to the office in 2018. Reporting by Belén Carreño, Inti Landauro and Emma Pinedo; Writing by David Latona; Editing by Andrei KhalipOur Standards: The Thomson Reuters Trust Principles.

Persons: Pedro Sanchez, amnesties, Catalonia's, Sanchez's, Vox, Navarre's, PSOE's, Sumar, Galicia's BNG, Sanchez, Belén Carreño, Inti Landauro, Emma Pinedo, David Latona, Andrei Khalip Organizations: Spain's, Spanish Socialist Workers ' Party, PSOE, People's Party, People's Union, Junts, ERC, Canary Coalition, Thomson Locations: MADRID, Spain, Catalan, Basque

☆ Madrid streets barricaded ahead of tense Spanish investiture debate
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +4 min

The amnesty deal with Catalan separatists has prompted a wave of protests across Spain. Authorities said 80,000 people gathered in Madrid on Sunday, while tens of thousands also attended demonstrations in Granada and Seville. Thousands have congregated each night for nearly a fortnight outside the Socialist Party (POSE) headquarters in Madrid. "We are Spaniards worried about Spain," said one young protester draped in a Spanish flag. The Supreme Court on Wednesday rejected an injunction by the far-right party Vox to suspend the investiture vote.

Persons: Sanchez, Pedro Sanchez's, Junts, Vox, Adolf Hitler, Esteban Gonzalez Pons, Alberto Nunez Feijoo, Belen Carreno, Miguel Gutierrez, Charlie Devereux, Aislinn Laing, Emelia Organizations: Spain's, Amnesty, Spain MADRID, Police, ERC, Sanchez’s Socialists, People's Party, Authorities, Sunday, Socialist Party, Eastern, European, Sanchez's Socialist Party, PSOE, Junts, Thomson Locations: Spain, Spain's, Madrid, Catalan, Granada, Seville, Spanish, Hungary, Romania

☆ Mexico’s first openly non-binary magistrate and prominent LGBTQ activist found dead
▼ + stars: | 2023-11-14 | by ( Belén Zapata | ) edition.cnn.com time to read: +2 min

Guadalajara, Mexico CNN —Mexico’s first openly non-binary magistrate and prominent LGBTQ activist Jesús Ociel Baena Saucedo was found dead at home in the central state of Aguascalientes on Monday. “The investigation is going to be done,” Rodríguez said during President Andrés Manuel López Obrador’s daily press conference, also on Monday. For a little over a year, Baena was a member of the central Mexican state of Aguascalientes’ Electoral Tribunal. Baena told CNN en Español in October last year that there was no record in Latin America of a non-binary magistrate. Baena said that being the first was an achievement and recognition for years of work in favor of LGBTQ rights.

Persons: Mexico CNN — Mexico’s, Jesús Ociel, Saucedo, Rosa Icela Rodríguez, General Jesús Figueroa, ” Rodríguez, Andrés Manuel López Obrador’s, ”, ” Figueroa, Baena, ” Baena Organizations: Mexico CNN, Mexico’s, Aguascalientes ’, CNN, Español, Gay Games Locations: Guadalajara, Mexico, Aguascalientes, Mexican, Aguascalientes ’, America, Tamaulipas, Mexico’s Guadalajara, Hong Kong

Just holding the deal together through a full four-year parliamentary term will be a tough challenge, many predict. "The next legislative term will be very tough for the PSOE, it is likely it won't finish the whole term," said Catalan political analyst Joan Esculies. Spaniards have also been called to show their ire in town square demonstrations across the country on Sunday. For Andoni Ortuzar, the Basque Nationalist Party leader who also struck a deal with the Socialists on Friday, whether the government could hold would be a test of Spain's plurality. "We are different - we consider ourselves a different nation - and the question is whether we can live together comfortably," he said.

Persons: Sanchez, Pedro Sanchez, Francisco Franco, Junts, Carles Puigdemont, Joan Esculies, Alberto Nunez Feijoo, Andoni Ortuzar, Susana Vera, Emiliano Garcia, Puigdemont, Lluis Orriols, Ortuzar, Belen Carreno, Joan Faus, Emma Pinedo, Aislinn Laing, Alex Richardson Organizations: Deal, Spain's Socialists, Socialist, PSOE, People's Party, Socialists, Basque Nationalist Party, REUTERS, Catalan Socialist, Carlos III University, Thomson Locations: MADRID, BARCELONA, Catalan, Belgium, Catalonia, Spain, Madrid, Castilla, La Mancha, Spanish, Catalunya

☆ Spain's Sanchez wins support for PM bid amid anger over Catalan amnesty vow
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +4 min

"We have managed to secure a majority that will make possible the investiture of Pedro Sanchez," acting minister for parliamentary relations Felix Bolanos said in an interview with SER radio station. Opinion polls have painted a picture of a country divided over the question of amnesty, even within the ranks of the Socialist Party. With Junts and PNV and the national and regional left-wing parties, Sanchez would win an absolute majority of 178 out of 350 lawmakers. Later on Friday, the Socialist Party added one vote more to its wide coalition after Canary Islands' regionalist party Coalicion Canaria also agreed to back Sanchez. Bolanos said the Catalan amnesty law would help ease tension in Catalonia as it would free school directors, firefighters and other civil servants who helped organise an illegal referendum on the region's independence in 2017 from legal proceedings.

Persons: Pedro Sanchez, Ursula von der Leyen, Charles Michel, Jon Nazca, Junts, Sanchez, Felix Bolanos, Bolanos, Canaria, Carles Puigdemont, Belen Carreno, Emma Pinedo, Inti Landauro, David Latona, Jessica Jones, Aislinn Laing, Toby Chopra, Nick Macfie, Hugh Lawson, Andrea Ricci Organizations: European, REUTERS, Rights, Catalan separatists, National Basque Party, Canaries ' Coalition, SER, Socialist Party, Socialist, La, Sigma, Sanchez's Socialist Party, Interior Ministry, El Mundo, Socialists, Police, Thomson Locations: Granada, Spain, Rights MADRID, Catalonia, Galician, Basque, Canary Islands, Junts, Madrid

☆ Spanish Socialists and Catalan Junts reach deal for government support, amnesty
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +5 min

A law granting amnesty to those prosecuted over Catalonia's attempt to secede from Spain was included in the deal, political leaders said and the deal text showed. The agreement included Junts lending its votes in parliament to support legislation for a full four-year term, he said. But Junts, which seeks another independence referendum, said supporting each law would depend on progress in talks involving Catalonia's political conflict. As a deal between Junts and the Socialists edged nearer in the past week, the mood in the country has become increasingly febrile, with protesters clashing with police outside the Socialists' headquarters in Madrid. An amnesty could exculpate as many as 1,400 activists and politicians involved in the attempt to separate Catalonia from Spain.

Persons: Junts, Feijoo, Puigdemont, Pedro Sanchez, Santos Cerdan, Alberto Nunez Feijoo, Sanchez, Carles Puigdemont, Jaume Clotet, Belen Carreno, Joan Faus, Graham Keeley, Aislinn Laing, Charlie Devereux, Alison Williams, Toby Chopra, Bernadette Baum, Sharon Singleton, Alex Richardson Organizations: Companies Spain's Socialists, Conservative, Socialist Party, PSOE, Socialist, Socialists, Police, People's Party, Spanish Socialist Workers ' Party, Basque Nationalist Party, Thomson Locations: Catalan, Madrid, MADRID, Spain, Brussels, Junts, Catalonia, Belgium, Waterloo

And now Ben Hammou faces another blow as the German government moves to end pandemic-era tax breaks for the hospitality industry. The fiscally hawkish FDP party, which has control of the finance ministry in the three-way ruling coalition, backs letting the tax break expire, calculating that it would cost 3.3 billion euros ($3.5 billion) to keep it going in 2024. Many restaurants operate on tight margins, which makes them quite sensitive to tax increases. In Spain, Italy and France, the VAT on restaurants is at 10%, considerably lower than the expected 19% in Germany from 2024. The question is whether German restaurants are still struggling or have recovered well enough from the pandemic to withstand having the tax break removed, according to Tomas Dvorak, senior economist at Oxford Economics.

Persons: Omar Ben Hammou, Ben Hammou, Christian Lindner, Guido Zoellick, Thijs Geijer, Ingrid Hartges, DEHOGA, Steffen Marx, Tomas Dvorak, Maria Martinez, Christian Kraemer, Tanja Daube, Ulrike Heil, Belen Carreno, Giselda Vagnoni, Thomas Leigh, Matthias Williams, Hugh Lawson Organizations: Restaurant Association, ING, Reuters, Oxford Economics, Thomson Locations: Bavaria, BERLIN, Berlin, Russia, Ukraine, COVID, Spain, Italy, France, Germany, Munich, Madrid, Rome, Paris

School board members refuse to cede any ground. One was a discordant school board meeting in September that stretched over nearly five hours. The other was a school board candidates forum that drew a full room in October. Since then, the school board has hired its own private security to stand guard at meetings. While she does not have proof, Drane thinks it was retaliation for her vocal resistance against the new school board majority.

Persons: ”, ___, Michelle Obama, Belén Rodas, that’s, Jordan Lynch, Dale Swanson, Swanson, Glenn Youngkin, distresses Frank Morgan, “, Tamara Quick, didn't, ” Rabih Abuismail, ” Kirk Twigg, Twigg, Mark Taylor, Taylor, Toni Morrison, Tom Eichenberg, Abuismail, Lisa Phelps, Fabiana Parker, Parker, Heather Drane, we’re, Drane, It's, Lynch, ” Rodas, ___ Swenson, Serkan Gurbuz Organizations: Spotsylvania School, Democratic, Republican, GOP, Spotsylvania School Board, Rappahannock Conservative Women’s Coalition, Republicans, Liberty, Republican Gov, Virginians, ”, Youngkin, NAACP, Associated Press, AP Locations: FREDERICKSBURG, Va, Spotsylvania, United States, Virginia, ”, Spotsylvania County, America, Spotsylvania ., Rockingham County, Goochland County, South Carolina, Manassas, New York

☆ Spain's Socialists win backing of Catalan separatist ERC, still waiting on Junts
▼ + stars: | 2023-11-02 | by ( ) www.reuters.com time to read: +2 min

BARCELONA, Nov 2 (Reuters) - Catalan separatist party Esquerra Republicana de Catalunya (ERC) reached a deal with Spain's Socialists (PSOE) to support acting Prime Minister Pedro Sanchez's bid for a second term, both parties said on Thursday. However, the crucial backing of rival party Junts remains pending amid last-minute negotiations. Seeking the support of the Catalan parties, Sanchez said on Saturday he favoured granting an amnesty to people involved with Catalonia's failed 2017 independence bid. The agreement with ERC included "an amnesty for all", the Catalan party's chairman Oriol Junqueras told reporters, without elaborating. Junts held a meeting in Brussels to decide whether to back Sanchez's investiture, but it ended without an agreement with the PSOE, said a Junts source.

Persons: Esquerra, Pedro Sanchez's, Junts, Sanchez, Catalonia's, Oriol Junqueras, Pere Aragones, Felix Bolanos, Bolanos, Junqueras, Emma Pinedo, Belen Carreno, Charlie Devereux, Joan Faus, Gareth Jones Organizations: ERC, Spain's Socialists, PSOE, Thomson Locations: BARCELONA, Catalan, Basque, Spain, Brussels

☆ Spain's state fund considers taking Telefonica stake after STC move
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +2 min

The logo of Spanish Telecom company is displayed atop the company's building in Madrid, Spain, September 6, 2023. Acting Economy Minister Nadia Calvino has said Madrid will carry out a thorough evaluation before approving STC's stake, while acting labour minister Yolanda Diaz has called for the transaction to be blocked. Spain's SEPI said in a stock market filing on Tuesday that it was carrying out an "exploratory internal analysis over a potential acquisition" of a stake in Telefonica. STC declined to comment on any potential plans by SEPI. Caixabank, which owns 3.5% stake of Telefonica, said last week it would not raise its stake in response to STC's move, and would analyse with Telefonica any potential cooperation with the Saudi Arabian telecoms company.

Persons: Violeta Santos Moura, Spanish telco Caixabank, SEPI, Nadia Calvino, Yolanda Diaz, Spain's SEPI, Belen Gualda Gonzalez, Onur Genc, It's, Genc, Inti Landauro, Pietro Lombardi, Louise Heavens, Alexander Smith Organizations: Spanish Telecom, REUTERS, BBVA, Telefonica Bank, Telefonica MADRID, Telefonica, Saudi, STC, Saudi Arabia's, SEPI, Thomson Locations: Madrid, Spain, Spanish, Saudi Arabian

☆ STC reportedly drops plan to up stake in Spain's Telefonica to 9.9%
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

The logo of Spanish Telecom company is displayed atop the company's building in Madrid, Spain, September 6, 2023. Telefonica and STC declined to comment on the report. In September, Saudi Arabia's largest telecoms operator amassed a 9.9% stake worth 2.1 billion euros ($2.23 billion) in a move to become Telefonica's top shareholder, though it added it did not intend to acquire control or a majority stake. STC's holding consists of 4.9% of Telefonica's shares and financial instruments that give it another 5% in so-called economic exposure to the company. As Telefonica is considered a defence service provider, the Spanish defence ministry has a say in acquisitions and holdings between 5% and 10% unless the buyer commits not to request a seat on the board.

Persons: Violeta Santos Moura, David Latona, Belen Carreno, Jesus Aguado, Hadeel Al, Andrei Khalip Organizations: Spanish Telecom, REUTERS, Rights, STC, Telefonica, El Economista, Saudi, Inti Landauro, Thomson Locations: Madrid, Spain, Rights MADRID, Saudi, Spanish, Hadeel Al Sayegh, Riyadh

☆ Spain to create emergency accommodation for 3,000 migrants
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Borja Suarez/File Photo Acquire Licensing RightsMADRID, Oct 26 (Reuters) - Spain said on Thursday it would create additional emergency accommodation for 3,000 undocumented migrants in military barracks, hotels and hostels amid a 55% jump in arrivals by sea this year, which has triggered political tension. Escriva declined to disclose how many additional beds will be created, but a ministry source told Reuters it would be around 3,000 in total. But this time the central government's approach has been to expand emergency accommodations across the country, hoping to ease pressure on the Canaries. Following police screenings, migrants will be placed in the military barracks, hotels, hostels and other types of accommodations on a voluntary basis, the ministry source said. Escriva argued the situation was well-handled and manageable, and said some conservative politicians were whipping up what he called xenophobic rhetoric.

Persons: Borja Suarez, Jose Luis Escriva, Escriva, Isabel Diaz Ayuso, Belén Carreño, Joan Faus, Emma Pinedo, Jonathan Oatis Organizations: Gran Canaria, REUTERS, Rights, Union, Canaries, Madrid, Thomson Locations: Spanish, Arguineguin, Gran, Spain, Rights MADRID, Madrid, West Africa, Canary, Italy, Lampedusa

☆ 6 troubling questions about the Corizon bankruptcy deal
▼ + stars: | 2023-10-26 | by ( Dakin Campbell | Nicole Einbinder | ) www.businessinsider.com time to read: +20 min

The bankruptcy of prison health provider Corizon has faced pressure from senators and a federal regulator in recent weeks. Other troubling questions surrounding the bankruptcy involve payments to insiders, "dishonest" testimony, and a secret data breach. The other company, Tehum, was saddled with most of Corizon's liabilities and, in February, filed for bankruptcy. AdvertisementAdvertisementNine US senators have written to Corizon successor companies Tehum Care Services and YesCare demanding answers about Corizon's efforts to "manipulate bankruptcy law." AdvertisementAdvertisementLefkowitz repeatedly said under oath during a June creditor call that he didn't know who owned Geneva Consulting — the company Corizon paid $5.5 million.

Persons: Corizon, —, Christopher Lopez, David Jones, Elizabeth Freeman, YesCare, Jones, Tehum, Judge Jones, Freeman, Ian Cross, Elizabeth Warren, Bernie Sanders, Cory Booker, Dick Durbin, Lopez, they're, Kevin Eckhardt, Hector Garcia Jr, Hector Garcia, Belen Lowery, Garcia's, Jeff Sholey, Isaac Lefkowitz, Lefkowitz, Sara Tirschwell, Jeffrey Scott King, Ayodeji, Michelle Rice, Jennifer Finger, Sholey, Edward Janger, Janger, he's, didn't, Geneva, Russell Perry, Baker, Hostetler, Tehum's, Tracey Grissom, Grissom, Julia Tutwiler, Roman, Sannikov, CISA, Tehum hadn't, What's, it's Organizations: Service, Tehum Care Services, Justice Department, Corizon, Arizona Department of Corrections, Rehabilitation, Geneva Consulting, Tehum, University of Missouri Health Care, Brooklyn Law School, Geneva, Genesis Healthcare, Department, US, Court, Southern, Southern District of, Baker, FBI, Infrastructure Security Agency, of Health, Human, CISA, HHS, HIPAA, Women Locations: Houston, Texas, YesCare, Reorg, New Mexico, Corizon, Geneva, Southern District, Southern District of Texas, Alabama, Wetumpka , Alabama, Rivers, bitcoin, Tehum

☆ Spanish potential coalition government to reinforce banking tax
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +1 min

MADRID, Oct 24 (Reuters) - The leader of Spain's leftist platform Sumar, Yolanda Diaz, said on Tuesday an agreement for a potential coalition government with the Socialist Party envisaged extending and reinforcing a windfall tax for banks and large energy companies. Their potential coalition has yet to win the backing of other parties in parliament. Companies currently pay between 23% and 25% on underlying profit. The deal, which came after acting Prime Minister Pedro Sanchez met with Sumar leader and acting Labour Minister Yolanda Diaz on Monday, also includes a proposal to reduce working hours while preserving the same pay. Reporting by Belen Carreno, Emma Pinedo, Jesus Aguado, writing by Andrei KhalipOur Standards: The Thomson Reuters Trust Principles.

Persons: Yolanda Diaz, Pedro Sanchez, Belen Carreno, Emma Pinedo, Jesus Aguado, Andrei Khalip Organizations: Socialist Party, Companies, Labour, Thomson Locations: MADRID

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