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☆ Former CEO of Brazil's Americanas denies knowledge of accounting fraud
▼ + stars: | 2023-09-05 | by ( Carolina Pulice | ) www.reuters.com time to read: +2 min

Allegations that Gutierrez and other executives were involved in accounting fraud were first made in June. Several former Americanas directors have testified before the congressional committee in the past few weeks. LTS said his comments "do not provide any proof of his allegations or refute evidence of his participation in the fraud". The holding company described what happened at Americanas as "cunning fraud". ($1 = 4.9373 reais)Reporting by Carolina Pulice Editing by Edwina Gibbs and David GoodmanOur Standards: The Thomson Reuters Trust Principles.

Persons: Miguel Gutierrez, Gutierrez, Americanas, Jorge Paulo Lemann, Carlos Alberto Sicupira, Marcel Telles, LTS, Sergio Rial, Edwina Gibbs, David Goodman Organizations: Reuters, Carolina, Thomson Locations: Americanas

☆ Carlos Alberto Montaner, Cuban Exile Writer and Castro Foe, Dies at 80
▼ + stars: | 2023-07-03 | by ( José De Córdoba | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, carlos, alberto, montaner, castro

☆ Was mass hysteria behind the mysterious case of 227 middle school students fainting last fall?
▼ + stars: | 2023-06-02 | by ( Lillian Perlmutter | ) www.businessinsider.com time to read: +22 min

On September 23, 2022, 12-year-old Esmeralda walked out of the girls' bathroom at her middle school in Tapachula, Mexico, and fainted. Mexican President Andrés Manuel Lopez Obrador began including regular updates on the government's investigation into the fainting episodes in his daily press conferences. Dr. Carlos Alberto Pantoja Meléndez, one of Mexico's few field epidemiologists, had taken an interest in the fainting episodes. News of the initial fainting episodes had been shared there, the epidemiologist, who asked to remain anonymous, told Pantoja-Melendez. Both believe that the fainting episodes in Mexico were examples of something new and alarming: mass hysteria spreading online.

Persons: Esmeralda, Diala, Gladys, Esmeralda's, convulsing, Esmeralda Eva Alicia Lépiz, —, Esmerelda, Mami, Andrés Manuel Lopez Obrador, Gladys didn't, Bochil, Luis Villagrán, bristled, Susanna, Tapachula, Diala's, José Eduardo Morales Montes, they'd, Eva Alicia Lépiz, Hidalgo —, I've, Carlos Alberto Pantoja Meléndez, Pantoja Meléndez, Meléndez, Robert Bartholomew, Bartholomew, Lopez Obrador, busily, Simon Wessley, schoolgirls, twitching, we'll, Pantoja, Melendez, Bartholomew said, we're, We've, who's Organizations: Federal, Central America, Journalists, Mexico City —, Mexico City, Universidad Autónoma Nacional, University of Auckland, Roswell, Kings College, New York, Health Department, Pantoja Locations: Tapachula, Mexico, Bochil, Mexican, Chiapas, Mexico City, El Pais, Chiapas —, Central, Esmeralda, Mexico City — Tlaxcala, Hidalgo, México, University of Auckland , New Zealand, Veracruz, London, Southern Mexico, Kanshasa, Tanzania, Blackburn , England, Sweden, Pyuthan, Nepal, Leroy , New York, Tapachula .

☆ Brazil's Americanas requests financing of at least $197 mln -filing
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +1 min

Jan 31 (Reuters) - Brazilian retailer Americanas SA (AMER3.SA) has requested debtor-in-possession financing of at least 1 billion reais ($197.12 million) as part of its bankruptcy process, according to a securities filing Tuesday. The financing aims to help the company maintain the "normal course of its business and reinforce its liquidity," the firm said. Americanas, backed by the billionaire trio that founded investment firm 3G Capital, entered bankruptcy protection this month after disclosing "inconsistencies" in its accounting, leading top investors such as BlackRock (BLK.N) and Capital Group to scale back their positions in the firm. It added it has been in talks with reference shareholders - Brazilian billionaires Jorge Paulo Lemann, Marcel Telles and Carlos Alberto Sicupira, the founders of 3G Capital - about the possibility of them subscribing up to the totality of the financing minimum amount. ($1 = 5.0731 reais)Reporting by Carolina Pulice and Gabriel Araujo; Editing by Isabel Woodford and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

☆ Brazilian court orders seizure of emails of bankrupt retailer Americanas
▼ + stars: | 2023-01-26 | by ( Tatiana Bautzer | ) www.reuters.com time to read: +2 min

SAO PAULO, Jan 26 (Reuters) - A Brazilian court has ordered the seizure of all corporate emails of managers and board members from bankrupt retailer Americanas SA (AMER3.SA) sent and received over the last 10 years, according to documents seen by Reuters. Bradesco said it was seeking evidence for potential litigation against Americanas, its managers, and potentially its controlling shareholders over "abuse of power." Americanas' largest shareholders are the billionaire founders of 3G Capital, Jorge Paulo Lemann, Carlos Alberto Sicupira and Marcel Telles. The judge also ordered the seizure of all emails of employees in the finance and accounting division. Americanas is one of Brazil's largest retailers and has been in business for over 90 years.

☆ Americanas' billionaire shareholders say they were unaware of accounting problems
▼ + stars: | 2023-01-23 | by ( Tatiana Bautzer | ) www.reuters.com time to read: +2 min

SAO PAULO, Jan 23 (Reuters) - Americanas SA (AMER3.SA) three largest shareholders, the billionaire founders of 3G Capital, said on Sunday they had not known of $4 billion in accounting 'inconsistencies' at the Brazilian retailer. "We didn't know of and would never allow any accounting manipulation in the company", the statement said. It said Americanas had been audited by PwC and that the retailer's "banks and auditors never reported any problems". Securities industry regulator CVM has also launched probes into Americanas, which has seen its stock lose more than 90% of its value since the news of the accounting problems emerged. 3G Capital itself has no stake in Americanas.

☆ Brazil's Americanas mulls filing for bankruptcy, shares tank as markets see move as imminent
▼ + stars: | 2023-01-19 | by ( Gabriel Araujo | ) www.reuters.com time to read: +3 min

Americanas said its current cash position stands at 800 million reais ($154.25 million). "The bankruptcy protection is unavoidable and might be one of the largest ever in Brazil, as complex as Oi's one." Oi SA (OIBR4.SA), a telecom firm, filed in June 2016 for Brazil's then-biggest ever bankruptcy protection and only exited it in December 2022. Last week, chief executive Sergio Rial resigned less than two weeks after taking the job citing the discovery of "accounting inconsistencies" totaling 20 billion reais. "Filing for bankruptcy protection is imminent and necessary," said Fernando Ferrer, an analyst at Empiricus Research, noting there could be a "cascade effect" of banks requesting to withhold money from the firm.

☆ Billionaire-backed Americanas files for bankruptcy protection, shares tank
▼ + stars: | 2023-01-19 | by ( Gabriel Araujo | ) www.reuters.com time to read: +4 min

SAO PAULO, Jan 19 (Reuters) - Brazilian retailer Americanas SA (AMER3.SA) on Thursday filed for bankruptcy protection, days after uncovering nearly $4 billion in accounting inconsistencies and amid a legal feud with creditors. In the filing, Americanas asks to exclude fintech Ame from the bankruptcy protection, as it is regulated by the central bank, and for authorization to increase its capital. Chief Executive Sergio Rial resigned last week, less than two weeks after taking the job, citing the discovery of "accounting inconsistencies" totaling 20 billion reais. Andre Luzbel, head of variable income at SVN Investimentos, said the bankruptcy protection was unavoidable, noting it would be one of the largest ever in Brazil, "as complex as Oi's one." Oi SA (OIBR4.SA), a telecom firm, filed in June 2016 for Brazil's then-biggest ever bankruptcy protection and only exited it in December 2022.

Americanas on Tuesday disclosed that it did not pay interest due on Monday of more than 2 billion reais ($392 million) in local bonds. It made the disclosure in a filing responding to a question by securities regulator CVM, saying that it was allowed not to pay under the injunction. Fitch said that if Americanas formally announces a debt restructuring plan, its ratings will be downgraded to RD or D reflecting a default. Fitch said the retailer, backed by the billionaire founders of 3G Capital, has an unsustainable capital structure with the addition of an estimated 20 billion reais in previously undisclosed liabilities. The company last year paid 516.6 million reais in dividends related to the results in 2021, according to securities filings.

☆ Pele, Brazil's sublimely skilled soccer star who charmed the world, dead at 82
▼ + stars: | 2022-12-29 | by ( Andrew Downie | ) www.reuters.com time to read: +5 min

[1/5] Brazilian soccer legend and member of the 1958, 1962 and 1970 World Cup-winning Brazilian soccer teams Pele holds the World Cup trophy during the World Cup 2006 opening ceremony in Munich, Germany, June 9, 2006. Pele, whose given name was Edson Arantes do Nascimento, scored a world record 1,281 goals, and is the only player ever to win the World Cup three times. "Pele was one of the few who contradicted my theory: Instead of 15 minutes of fame, he will have 15 centuries," the artist said. Years later, when the United States won the right to host the 1994 World Cup, the head of the U.S. soccer federation called Pele the "most important" reason why. Pele's 1,281 goals in 1,366 games, as tabulated by FIFA's website, came at a startling rate of 0.94 per match.

☆ France Football a ales cel mai bun 11 din toate timpurile. Sistem 3-4-3, Maradona la loc de cinste, 2 X Ronaldo
▼ + stars: | 2020-12-15 | by ( ) www.jurnal.md time to read: 1 min

Gică Hagi, cel mai bun fotbalist român din toate timpurile, a fost printre nominalizații jurnaliștilor francezi, dar nu și-a găsit loc în echipa de aur a lumii. Potrivit ziarului din Franța, cel mai bun 11 din lume arată așa:Lev Yashin - Cafu, Beckenbauer, Maldini - Maradona, Xavi, Matthaus, Pele - Messi, Ronaldo, Cristiano RonaldoJuriul a ales și o a doua echipă a celor mai valoroși fotbaliști de pe planetă. Acest 11 este, la rândul său, plin cu jucători de geniu, care însă n-au ”prins” crema cremelor. A doua cea mai bună echipă din lume, în viziunea France Football, arată așa:Buffon - Carlos Alberto, Baresi, Roberto Carlos - Zidane, Pirlo, Rijkaard, Di Stefano - Garrincha, Cruyff, Ronaldinho

Persons: Gică Hagi, Lev Yashin, Beckenbauer, Maldini, Maradona, Pele, Messi, Ronaldo, Cristiano Ronaldo, Buffon, Carlos Alberto, Roberto Carlos, Zidane, Cruyff, Ronaldinho Organizations: Football Locations: Franța, Xavi, Baresi, Pirlo, Garrincha

☆ Vladimir Tismăneanu, 06 noiembrie 2020
▼ + stars: | 2020-11-06 | by ( ) moldova.europalibera.org time to read: +2 min

Născut la Târgu Mureș în 1953, poetul, dizidentul și activistul civic Géza Szőcs s-a stins din viață pe 5 noiembrie 2020 la Budapesta. Situație paradoxală ţinând cont de atașamentul său pentru ceea ce putem numi tradiția europeană din literele maghiare, atât de diferită de opţiunile lui Orban și ale partidului Fidesz. În România, în anii 80, Géza a fost editorul revistei samizdat „Contrapuncte” (Ellenpontok), a fost urmărit, arestat și interogat de Securitate, și-a menţinut nealterată verticalitatea. Géza a simțit direct efectele politicii de „omogenizare” practicată de regim, a înțeles că rezistența civică este singura strategie menită sa salveze valorile reale. Numele lui Géza Szőcs aparține, neîndoios, acelui domeniu al memoriei pe care îl numesc istoria onoarei în Europa Centrală și de Est.

Persons: Géza Szőcs, Ceaușescu, Paul Goma, Viktor Orban ., Orban, Fidesz, Géza, Securitate, Orban . Géza, Judith Shapiro, Mihai Botez, Agnes Heller, Ferenc Feher, Miklos Haraszti, Dorin Tudoran, Aleksandr Zinoviev, Carlos Alberto Montaner, Jan Vladislav Organizations: maghiar, Europa Liberă, UDMR, Soros, editura Macmillan Locations: Târgu Mureș, Budapesta, România, Elveția, Cluj, Ungaria, New York, Europa de Est, Europa Centrală, Est

☆ Românul Gheorghe Hagi, nominalizat de France Football pentru echipa ideală din istoria fotbalului
▼ + stars: | 2020-10-13 | by ( ) tvrmoldova.md time to read: +2 min

Gheorghe Hagi, considerat cel mai bun fotbalist român din toate timpurile, a fost nominalizat de reputata publicaţie France Football la categoria mijlocaşi ofensivi într-un sondaj pentru stabilirea echipei ideale din istoria fotbalului, informează Agerpres. Alături de Hagi au fost nominalizaţi Bobby Charlton, Roberto Baggio, Andres Iniesta, Diego Maradona, Enzo Francescoli, Ruud Gullit, Alfredo di Stefano, Raymond Kopa, Laszlo Kubala, Alessandro Mazzolo, Socrates, Pele, Michel Platini, Zico, Zidane, Ferenc Puskas, Gianni Rivera, Francesco Totti şi Juan Alberto Schiaffino. La sondaj participă un juriu format din 170 de specialişti, precum şi suporterii din întreaga lume, care pot vota pe site-ul revistei. Echipa ideală va fi una într-un sistem 3-4-3. Propunerile pentru atacanţi vor fi anunţate săptămâna viitoare.

Persons: Hagi, reputata, Bobby Charlton, Roberto Baggio, Andres Iniesta, Diego Maradona, Enzo Francescoli, Ruud Gullit, Alfredo, Alfredo di Stefano, Raymond Kopa, Laszlo Kubala, Alessandro, Pele, Michel Platini, Zidane, Ferenc Puskas, Gianni Rivera, Francesco Totti, Juan Alberto Schiaffino, Banks, Gianluigi Buffon, Iker, Sepp Maier, Thomas Nkono, Peter Schmeichel, Edwin van der Sar, Lev Iaşin, Dino, Giuseppe Bergomi, Carlos Alberto, Djalma Santos, Claudio Gentile, Manfred Kaltz, Philipp Lahm, Suurbier, Lilian Thuram, Franco, Franz Beckenbauer, Fabio Cannavaro, Marcel Desailly, Ronald Koeman, Bobby Moore, Daniel Passarella, Mathias Sammer, Gaetano Scirea, Sergio Ramos, Andreas Brehme, Paul Breitner, Antonio Cabrini, Ruud Krol, Paolo Maldini, Marcelo, Nilton Santos, Roberto Carlos, Jozsef Bozsik, Sergio Busquets, Paulo Roberto Falcao, Steven Gerrard, Guardiola, Josef Masopust, Lothar Matthaeus, Johan Neeskens, Andrea Pirlo, Fernando Redondo, Frank Rijkaard, Bernd Schuster, Clarence Seedorf, Luis Suarez, Marco, Jean Tigana, Alonso, Xavi Organizations: France, Agerpres Locations: Alfredo di, Zico, Gerson

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