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☆ Harrison Ford gets a new snake species named for him
▼ + stars: | 2023-08-16 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

But the highlight of the trip to South America was discovering a species of snake new to science, which the team named for action icon Harrison Ford — a moment of levity in an otherwise dramatic excursion, noted Dr. Edgar Lehr, the lead author of a scientific paper describing the snake species. At the time, Lehr, who is a professor of biology at Illinois Wesleyan University, thought: “Wouldn’t this be cool to dedicate this new species to Harrison Ford? The national park is near “the VRAEM (Valley of Rivers Apurímac, Ene, Mantaro) area, which is the center of Peru‘s coca production and narco-trafficking,” according to the study. Otishi is considered “Peru‘s least scientifically surveyed national park,” according to the study. “This is very important (work), because we can only protect what is known,” Lehr said of documenting species new to scientists.

Persons: Harrison Ford —, Edgar Lehr, Lehr, Harrison Ford, Indiana Jones ’, Harrison, — Juan Carlos Cusi, Ricardo Vera, Maura Fernandez, Otishi, ” Lehr, “, ”, Ford, Indiana Jones, Tachymenoides, ” Ford Organizations: CNN, Illinois Wesleyan University, Historia, US Department of State, Embassy, Conservation, “ Locations: South America, Peruvian, Peru, Lima —, Peru’s Junín, Cusco, Rivers Apurímac, Mantaro, Embassy of Peru, Washington , DC

[1/5] Paraguay's new President Santiago Pena wears the presidential sash and holds the baton of command as he greets people with the first lady Leticia Ocampos during his inauguration, in Asuncion, Paraguay August 15, 2023. REUTERS/Cesar Olmedo Acquire Licensing RightsASUNCION, Aug 15 (Reuters) - Santiago Pena was sworn in on Tuesday as Paraguay's new president, promising to "build alliances" and show "firm and ethical leadership" for the next five years after his April election victory. "We will build alliances and cooperation with a geostrategic vision," the president said in his inaugural speech, adding that Paraguay's relationship with Taiwan "is an example of this and of Paraguay's friendly and cooperative spirit with nations." Despite pressure from farmers who want to open up Chinese markets, he has pledged to stick with Paraguay's decades-long diplomatic ties with Taiwan. Pena faces the additional challenge of shoring up relations with the United States after the U.S. government accused his political mentor, former President Horacio Cartes, of corruption.

Persons: Santiago Pena, Leticia Ocampos, Cesar Olmedo, Pena, Spain, William Lai, Mario Abdo Benitez, Santi, Horacio Cartes, Cartes, Milda Rivarola, Rivarola, Daniela Desantis, Lucinda Elliott, Jonathan Oatis, Rosalba O'Brien Organizations: REUTERS, Rights, South, Taiwan's, Colorado Party, U.S, Ultima, Thomson Locations: Asuncion, Paraguay, Rights ASUNCION, William Lai . Paraguay, China, Taiwan, Paraguayan, United States

Paraguay's President-elect Santiago Pena speaks during an interview with Reuters ahead of his inauguration, in Asuncion, Paraguay August 7, 2023. His party's diplomatic support for Taiwan has hurt local farmers' grains exports to China, which claims sovereignty over the self-governed island. Taiwan Vice President William Lai is in Paraguay for Pena's inauguration. Relations with the United States will also be in focus after the U.S. government accused Pena's political backer, former President Horacio Cartes, of corruption. Pena also wants to create 500,000 new jobs in five years to boost the South American country's farm-driven economy, dominated by soybeans and beef.

Persons: Santiago Pena, Cesar Olmedo, Pena, William Lai, Horacio Cartes, " Pena, Cartes, Santi, Daniela Desantis, Lucinda Elliott, Rosalba O'Brien Organizations: Reuters, REUTERS, Colorado, Colorado Party, Pena's, U.S, American, Columbia University, IMF, Thomson Locations: Asuncion, Paraguay, ASUNCION, Taiwan, U.S, China, United States, Washington, Colorado

☆ Latin Americans fall prey to more online scams as cybersecurity lags
▼ + stars: | 2023-08-15 | by ( Carolina Pulice | ) www.reuters.com time to read: +4 min

Online scams in Brazil jumped 65% last year to over 200,000, according to data from the Brazilian Public Security Yearbook published last month. And across Latin America, online frauds and cyberattacks are at an "all-time high," says cybersecurity company Tenable, posing an urgent problem for a well-connected region. "Latin America is a priority target because it has a very connected population, which means that they are always exposed," said Claudio Martinelli, managing director for Latin America for Kaspersky. In a ranking of 93 countries on cyberthreat risks compiled by fraud prevention software SEON, nine of the 10 Latin American countries were ranked in the bottom half. Three Latin American countries - Honduras, Nicaragua and Venezuela - were seen among the 10 countries with the highest risks for cyberthreats.

Persons: Dado Ruvic, Gabriella Batalha didn't, Batalha, Kerry, Ann Barrett, Barrett, Claudio Martinelli, SEON, Tenable, Ransomware, Marcos Simplicio, Carolina Pulice, Brendan O'Boyle, Nick Macfie Organizations: REUTERS, MEXICO CITY, YouTube, Brazilian Public Security, International Telecommunication Union, Organization of American States, America, Kaspersky, Costa, University of Sao, Thomson Locations: MEXICO, Instagram, Rio de Janeiro, Brazil, America, Latin America, Caribbean, Peru, Mexico, Honduras, Nicaragua, Venezuela, University of Sao Paulo

☆ Peru announces air security pact with United States after extended pause
▼ + stars: | 2023-08-12 | by ( ) www.reuters.com time to read: +1 min

LIMA, Aug 12 (Reuters) - Peru announced an air security agreement with the United States on Saturday in what the government described as a push to stop planes belonging to drug gangs from entering the South American country's airspace. The deal revives a bilateral security cooperation pact with the United States from 20 years ago, according to a government statement, and will permit new intelligence and training support to flow to Peru's air force. It covers upgrades to two dozen helicopters and radar equipment, with the statement also citing "intense collaboration" with the United States, but without disclosing the cost of the security assistance. An earlier air security pact between the two countries was suspended two decades ago after Peru's air force shot down a plane it had misidentified, killing two U.S. citizens. Reporting by Marco Aquino; Additional reporting by Moira Warburton in Washington; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

Persons: LIMA, Jorge Chavez, Marco Aquino, Moira Warburton, Sandra Maler Organizations: U.S . Department of Defense, Peruvian Defense, Thomson Locations: Peru, United States, Washington

☆ Fact Check-Headline that 13 nations commit to abolish farming is false
▼ + stars: | 2023-08-11 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

Leaders and ministers from 13 countries committed to addressing methane emissions in their respective agricultural sectors during a meeting in Chile on April 14, contrary to a claim made online that they agreed to abolish farming to save the planet. At no point does the publication state a plan to abolish farming or agriculture or detail any specific changes the signatories will make to curb methane emissions. Marcelo Mena, CEO of GMH, told Reuters via email that claims the declaration would abolish farming “are entirely inaccurate”. The 13 nations committed to mitigating methane emissions in their respective agricultural sectors. They did not agree to abolish farming.

Persons: Uruguay –, Marcelo Mena, ”, Read Organizations: Conservative …, European Union Times, Facebook, Global, Clean Air Coalition, Inter, American Institute for Cooperation, Agriculture, Reuters Locations: Chile, Argentina, Australia, Brazil, Burkina Faso, Czech Republic, Ecuador, Germany, Panama, Peru, Spain, United States, Uruguay

☆ Fernando Villavicencio assasination: How corruption and gang warfare transformed Ecuador
▼ + stars: | 2023-08-11 | by ( Tara John | ) edition.cnn.com time to read: +6 min

But the high-profile assassination on Wednesday of presidential candidate Fernando Villavicencio could be a turning point for the country that has so far struggled to control the bloodshed. Ecuadorean presidential candidate Fernando Villavicencio ran on an anti-corruption platform prior to his death. Floundering authoritiesSecurity and state forces have been badly unprepared for the rise of criminal groups in the country. A a car transports the body of Ecuadorean presidential candidate Fernando Villavicencio on August 10. Last year, the US withdrew visas from high-ranking officers of Ecuadorian state security forces, alleged to be linked to drug trafficking, as well as several judges and lawyers.

Persons: CNN —, Fernando Villavicencio, ” Juan Pappier, Watch’s, “, Karen Toro, Laura Lizarazo, ”, ” Lizarazo, Ecuador’s, Guillermo Lasso, Lizarazo, Eric Farnsworth, –, Villavicencio –, El, Nayib Bukele, Luisa González, Rafael Correa, Vicente Gaibor del Pino Organizations: CNN, Customs, Border Patrol, Ecuadorian, Reuters, Lobos, of, Americas Society, Security Locations: Ecuador, ”, Peru, Colombia, Europe, Washington, Americas

☆ Colombian conglomerate Grupo Aval, subsidiary settle charges of violating US law
▼ + stars: | 2023-08-10 | by ( Kanishka Singh | Thomson Reuters | Kanishka Singh Is A Breaking News Reporter For Reuters In Washington Dc | ) www.reuters.com time to read: +2 min

REUTERS/Andrew Kelly/File PhotoWASHINGTON, Aug 10 (Reuters) - Colombian conglomerate Grupo Aval (GAA.CN) and its bank subsidiary will pay over $80 million to settle charges of violating anti-corruption laws, U.S. authorities said on Thursday. After the settlement was reached, Grupo Aval said the Justice Department did not bring any enforcement action and the SEC did not make a claim against the company for bribery. Corficolombiana will pay a criminal penalty of $40.6 million, the U.S. Justice Department said in a statement. Corficolombiana had conspired with Brazilian construction firm Odebrecht to pay bribes to Colombian government officials, according to prosecutors. Corficolombiana also agreed to continue enhancing its compliance program and providing reports to the Justice Department regarding remediation and the implementation of compliance measures, the Justice Department said.

Persons: Andrew Kelly, Grupo Aval, Corficolombiana, Odebrecht, Kanishka Singh, Isabel Woodford, Leslie Adler, David Gregorio Our Organizations: U.S . Securities, Exchange Commission, Washington , D.C, REUTERS, Grupo Aval, U.S . Foreign, U.S . Justice Department, Securities and Exchange Commission, SEC, Grupo, Justice Department, Odebrecht, U.S, Thomson Locations: Washington ,, Colombian, disgorgement, Swiss, Peru, Mexico, Argentina, Colombia, U.S, Washington

☆ Who Was Fernando Villavicencio?
▼ + stars: | 2023-08-10 | by ( Genevieve Glatsky | ) www.nytimes.com time to read: +1 min

As a journalist, Mr. Villavicencio obtained documents about a government surveillance program that he sent to WikiLeaks but eventually published himself. Some of his work led to death threats and charges that were widely criticized as politically motivated. There, he met with a friend from his undergraduate days at the Central University of Ecuador. But later that year, Mr. Correa left office, and Mr. Villavicencio returned home. For his presidential run, Mr. Villavicencio, 59, cast himself as the anticorruption candidate.

Persons: Villavicencio, “, ”, Grace Jaramillo, Correa, Guillermo Lasso, Lasso’s Organizations: WikiLeaks, Central University of Ecuador, University of British, National Assembly Locations: Peru, University of British Columbia, Ecuador

☆ Who is Fernando Villavicencio, the anti-corruption candidate shot dead in Ecuador?
▼ + stars: | 2023-08-10 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —Ecuadorian presidential candidate Fernando Villavicencio, shot dead on the campaign trail on Wednesday, was known as a tireless anti-corruption campaigner and investigative journalist. Villavicencio’s campaign promised a crackdown on crime and corruption amid a deadly escalation of violence that has gripped Ecuador in recent years. Villavicencio was shot as he left the campaign event pictured here. Correa filed a defamation lawsuit against Villavicencio, and he was later convicted to 18 months in prison as a result. Villavicencio went on the run to avoid detention, and gave an interview to the Committee to Protect Journalists (CPJ) in 2014.

Persons: Fernando Villavicencio, CNN En, Villavicencio, Rafael Correa, Correa, “, ”, ” Villavicencio Organizations: CNN, Ecuadorian, National Assembly, CNN En Español, Prensa, Workers Press, Villavicencio, Protect Journalists, TV Locations: Ecuador, Peru, Peruvian, TV Peru

☆ Ecuador presidential candidate Villavicencio assassinated
▼ + stars: | 2023-08-10 | by ( Alexandra Valencia | ) www.reuters.com time to read: +4 min

QUITO, Aug 9 (Reuters) - Ecuador presidential candidate Fernando Villavicencio, a vocal critic of corruption and organized crime, was killed on Wednesday evening during a campaign event in northern Quito, authorities said. The violence injured nine other people, including a candidate for the legislature and two police officers. [1/5]Ecuadorean presidential candidate Fernando Villavicencio speaks during a campaign rally in Quito, Ecuador August 9, 2023. This vile act will not go unpunished!," presidential candidate Luisa Gonzalez, who is running for Correa's party, said on X.Indigenous candidate Yaku Perez said he had decided to suspend his presidential campaign and demanded the violence stop in a video posted after the incident. May God have him in his glory," presidential hopeful Jan Topic said on X, before also suspending his campaign.

Persons: Fernando Villavicencio, Villavicencio, Guillermo Lasso, Construye, Karen Toro Villavicencio, Rafael Correa, Correa, Luisa Gonzalez, Yaku Perez, Otto Sonnenholzner, God, Jan, Alexandra Valencia, Valentine Hilaire, Isabel Woodford, Julia Symmes Cobb, Lincoln Organizations: Local, Interior Ministry, Albanian, Manta, REUTERS, Lasso, Thomson Locations: QUITO, Ecuador, Quito, Andean, Chimborazo, Alausi, Peru, Belgium, Carolina

Ecuadorean presidential candidate Fernando Villavicencio waves an Ecuadorian flag as he attends a rally in Quito, Ecuador August 9, 2023. REUTERS/Karen Toro/File PhotoAug 10 (Reuters) - Fernando Villavicencio, the Ecuadorean presidential candidate gunned down in Quito on Wednesday, was no stranger to threats and intimidation from powerful figures in Ecuador. Villavicencio also denounced high-ranking executives in Ecuador's oil, mining and power industries – and even big foreign companies including Chinese oil behemoths, Brazilian engineering firms and global oil trading firms. The murder is the first of a presidential candidate in Ecuador's history. A year later, in 2014, Villavicencio went on the run to avoid imprisonment for alleged defamation of then-President Correa.

Persons: Fernando Villavicencio, Karen Toro, Long, –, Rafael Correa, Correa, Villavicencio, I'm, Villavicencio's, Guillermo Lasso ., Steven Grattan, Joshua Schneyer, Brad Haynes, Rosalba O'Brien Organizations: REUTERS, Mexico's, Mexico's Sinaloa Cartel, Prensa, The Workers Press, National Assembly, Lasso, Thomson Locations: Quito, Ecuador, Belgium, Mexico's Sinaloa, Peru, China, London, New York

☆ Assassination of presidential candidate shocks Ecuador
▼ + stars: | 2023-08-10 | by ( Alexandra Valencia | ) www.reuters.com time to read: +3 min

QUITO, Aug 10 (Reuters) - The assassination of Ecuadorean presidential candidate Fernando Villavicencio shocked the South American country, where rising drug-related violence is a major concern for voters, leading some of his rivals to suspend campaigning. Nine people, including a candidate for the legislature and two police officers, were injured, it added. "Ecuador has become a failed state," Correa, who now lives in Belgium, said on social media platform X, formerly known as Twitter. [1/4]Ecuadorean presidential candidate Fernando Villavicencio speaks during a campaign rally in Quito, Ecuador August 9, 2023. Indigenous candidate Yaku Perez and law-and-order hopeful Jan Topic both suspended their campaigns, while businessman Otto Sonnenholzner begged the government to take action.

Persons: Ecuadorean, Fernando Villavicencio, Guillermo Lasso, Lasso, Rafael Correa, Villavicencio, Correa, Karen Toro, Luisa Gonzalez, Yaku Perez, Otto Sonnenholzner, Construye, Alexandra Valencia, Julia Symmes Cobb, Lincoln Organizations: REUTERS, Albanian, Manta, Thomson Locations: QUITO, American, Quito, Ecuador, Peru, Belgium

BELEM, Brazil, Aug 10 (Reuters) - Amazon rainforest nations emerged from a summit this week with a stronger hand to play at upcoming United Nations climate talks, despite the meeting's lackluster final agreement, according to environmental groups. Lula will take that message on the road this year at the G20, United Nations General Assembly and U.N. COP28 climate summit. But he also applauded the symbolism of the eight Amazon countries meeting together for the first time in 14 years and joining their voices with the world's other major rainforests. STRONGER VOICERainforest nations have a stronger unified voice after the meeting, at least on paper, said Luis Roman, a representative of nonprofit WWF Peru. Rainforest nations thus far have focused on past funding commitments.

Persons: It's, Luiz Inacio Lula da Silva, Lula, André Guimarães, Marcio Astrini, Astrini, Luis Roman, Susana Muhamad, Jake Spring, Oliver Griffin, Brad Haynes, Aurora Ellis Organizations: Democratic, United Nations General Assembly, Amazon Environmental Research Institute, Observatory, WWF, Colombia's, Thomson Locations: BELEM, Brazil, Nations, Indonesia, Republic of the Congo, Democratic Republic of Congo, Colombia, Venezuela, Lula, Bolivia, WWF Peru, European, Belem, Bogota

Brazilian President Luiz Inacio Lula da Silva has been advocating for a common regional policy to end deforestation by 2030, promising his country will reach zero deforestation. However, the failure to agree on a common policy to end deforestation in the Amazon is concerning, as the fate of the rainforest is critical to the health of the planet. It is home to a unique array of animal and plant life, and is crucial to maintaining a global climate balance because it stores a huge amount of carbon and strongly influences global weather patterns. According to CNN affiliate CNN Brasil, Guyana, Suriname and Bolivia left the meeting refusing to agree on a goal. On Monday, Colombia backed an indigenous-led global pact to protect 80% of the Amazon by 2025.

Persons: Luiz Inacio Lula da Silva, Lula da Silva’s, Jair Bolsonaro, haven’t, ” Lula da Silva, Evaristo Sa, Susana Muhamad Organizations: CNN, Amazon Cooperation Treaty Organization, Brazilian Amazon, Peoples of, Getty, Amazon Alliance, CNN Brasil, Brazil’s National Institute for Space Research, Colombian Locations: Brazil, Brazilian, Belém, Para State, AFP, Colombia, Peru, Bolivia, Ecuador, Venezuela, Guyana, Suriname, Amazonia

Quito, Ecuador CNN —A candidate in Ecuador’s upcoming presidential election, Fernando Villavicencio, was assassinated at a campaign event Wednesday, President Guillermo Lasso confirmed on social media, vowing the killing will not go unpunished. He was gunned down 10 days before the first round of the presidential election was set to take place on August 20. Ecuador’s Attorney General’s Office said the suspected gunman died in police custody following an exchange of fire with security personnel. Seven of the eight presidential candidates, including Villavicencio, were under police protection, Ecuador’s Interior Minister Juan Zapata said earlier this week, local media reported Tuesday. All the candidates in the country’s presidential election have pledged to rein in the escalation of violence.

Persons: Ecuador CNN —, Fernando Villavicencio, Guillermo Lasso, Villavicencio, Cristian Zurita, Rodrigo Figueroa, “, Lasso, ” Lasso, Juan Zapata, paz ”, Agustin Intriago, Ariana Chancay, CNN En, CNN En Español Conclusiones, ” Organizations: Ecuador CNN, Movimiento, CNN, Ecuador’s, General’s, Judicial, Fire Department, Ecuador Police, National, Lasso, paz, Security, CNN En Español Locations: Quito, Ecuador, Villavicencio, Peru, Colombia, South America, North America, Europe, Manta, Darien, United States

BELEM, Brazil, Aug 9 (Reuters) - A dozen rainforest countries formed a pact on Wednesday at a summit in Brazil to demand developed countries pay to help poorer nations combat climate change and preserve biodiversity. In the joint statement, the dozen countries called for financing mechanisms to be developed for the world to pay for the critical services provided by forests. They also expressed concerns that richer nations have not delivered on a promise to provide $100 billion in climate financing annually to developing countries. Additionally, they called on developed nations to meet an existing commitment to provide $200 billion per year for biodiversity preservation. At last year's climate summit, Brazil, Democratic Republic of Congo and Indonesia agreed to form an alliance to pressure rich countries to pay for conservation.

Persons: Saint Vincent, Luiz Inacio Lula da Silva, Lula, Jake Spring, Steven Grattan, Miral Fahmy, Deepa Babington Organizations: Our, Democratic, United Nations, Thomson Locations: BELEM, Brazil, Bolivia, Colombia, Democratic Republic of Congo, Ecuador, Guyana, Indonesia, Peru, Republic of Congo, Grenadines, Suriname, Venezuela, Congo, Southeast Asia, United, Republic

BELEM, Brazil, Aug 8 (Reuters) - Eight Amazon nations agreed to a list of unified environmental policies and measures to bolster regional cooperation at a major rainforest summit in Brazil on Tuesday, but failed to agree on a common goal for ending deforestation. The failure of the eight Amazon countries to agree on a pact to protect their own forests points to the larger, global difficulties of forging an agreement to combat climate change. Bolivia and Venezuela are the only Amazon countries not to sign onto a 2021 agreement among more than 100 countries to work toward halting deforestation by 2030. But tensions emerged in the lead up to the summit around diverging positions on deforestation and oil development. Fellow Amazon countries also rebuffed Colombia's leftist President Gustavo Petro's ongoing campaign to end new oil development in the Amazon.

Persons: Luiz Inacio Lula da Silva, Marcio Astrini, Lula, Luis Arce, Mauro Vieira, Ricardo Stuckert, Gustavo Petro's, Petro, Alexandre Silveira, Silveira, Jake Spring, Steven Grattan, Brad Haynes, Rosalba O'Brien, Jason Neely, Peter Graff, Aurora Ellis, Richard Chang Organizations: Climate, Reuters, Bolivian, Brazil's, Amazon Cooperation Treaty Organization, REUTERS, Amazon, Brazil's Energy, United Nations, Thomson Locations: BELEM, Brazil, Brazilian, Belem, Bolivia, Colombia, Peru, Ecuador, Guyana, Suriname, Venezuela

[1/2] A general view shows the water conditions of the Piraiba river before a summit of Amazon rainforest nations, in Belem, Para state, Brazil August 5, 2023. Leaders are expected to announce the final agreement, known as the Belem Declaration, late on Tuesday afternoon. Presidents from Bolivia, Brazil, Colombia, Guyana, Peru and Venezuela will attend, while Ecuador and Suriname will send other representatives. ACTO Executive Director Carlos Lazary said the final agreement may include Brazil's plans for a regional center in Manaus where Amazon countries can coordinate police operations. Norway and Germany, which have funded Amazon preservation, and France, which controls the Amazon territory of French Guiana, will also participate.

Persons: Ueslei Marcelino, Luiz Inacio Lula da Silva, Jair Bolsonaro, Carlos Lazary, Jake Spring, Brad Haynes, Rosalba O'Brien Organizations: REUTERS, Ueslei, Amazon Cooperation Treaty Organization, CNN Brasil, European Union, Thomson Locations: Belem , Para, Brazil, Ueslei Marcelino BELEM, Brazilian, Belem, Belem Declaration, Bolivia, Colombia, Guyana, Peru, Venezuela, Ecuador, Suriname, policymaking, Manaus, Congo, DRC, Indonesia, Norway, Germany, France, French Guiana

☆ An Instagram travel creator who's earned 5 figures this year shares her rates for sponsored content and how much she's been offered on Threads
▼ + stars: | 2023-08-08 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +6 min

Ufuoma shares her sponsored-content rates for Instagram and what she's been offered on Threads. Some days, Jessica Ufuoma still can't believe brands pay her to travel and post about her trips. Now, 31-year-old Ufuoma is a full-time travel creator with 128,000 followers on Instagram , and who has visited 50 countries. Even though her main platform is Instagram, she's recently started getting requests to post on Threads, as well. Ufuoma turned down the deal because she didn't think it would sit well with her audience, who she said seemed to be enjoying the "ad-free" nature of the app.

Persons: Jessica Ufuoma, Ufuoma, she's, I've, Ufuoma wasn't Organizations: Nokia, Virgin Voyages Locations: Nigeria, Canada, Lagos, British Columbia, Netherlands, Peru, Machu Picchu, Instagram, Greece, Croatia, Montenegro

CNN —Vatican investigators looking into sexual abuse allegations at a Roman Catholic society in Peru have completed the first stage of their audit and will issue a report in the coming months, Vatican spokesman Matteo Bruni told CNN Friday. SCV said its members, who were summoned by the Vatican’s envoys, have “collaborated diligently” and reiterated its commitment to working with the Vatican. Peruvian prosecutors said in the case of sexual abuse, none of the alleged victims came forward and the crime fell under the statute of limitations. A criminal case against Figari and other SCV members, alleging kidnapping, serious psychological injuries, and illicit association to commit a crime, is still ongoing. SCV said in 2017 Figari had been removed from the community, banned from contacting members, and prohibited by Vatican authorities from returning to Peru.

Persons: Matteo Bruni, “, ” Bruni, Pope Francis said, Pope Francis’s, Archbishop Charles Scicluna, Jordi Bertomeu, ”, Luis Fernando Figari, Figari, ” Figari, –, Peru’s, Miguel Cabrejos Organizations: CNN, Vatican, Catholic, de, Cristiana, Peru’s Episcopal Conference Locations: Peru, Peru’s, Lima, America, Rome

☆ Morgan Stanley sees 20% upside in this little-known education stock with exposure to Latin America
▼ + stars: | 2023-08-08 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Don't sleep on Laureate Education , Morgan Stanley said. The Wall Street bank upgraded the Baltimore-based small cap, which operates universities in Mexico and Peru, to overweight from equal weight. Morgan Stanley also raised its price target to $17 from $15, implying more than 20% upside over the next 12 months. "Education is a key part of the nearshoring story," Martinez said. On top of all that, Morgan Stanley's Martinez noted Laureate's valuation is cheap relative to Brazilian rivals such as Vitru and Ser Educacional .

Persons: Morgan Stanley, Javier Martinez de Olcoz, Martinez, Morgan Stanley's Martinez, Ser, — CNBC's Michael Bloom Organizations: Education Locations: Baltimore, Mexico, Peru, Asia, U.S

A gentle downtrend in foreign direct investment gave way to a steep drop last quarter and inflows to China slammed to their lowest since records began 25 years ago, raising the prospect that the long-term trend is turning. Sources have told Reuters the Biden administration is likely to adopt new outbound investment restrictions on China in the coming weeks. Japan, the U.S. and Europe have already restricted the sale of high-tech chipmaking tools to Chinese companies while China has hit back by throttling exports of raw materials. To be sure, investment flows often fluctuate and many firms aren't leaving China completely or aren't leaving at all. "A lot of our clients are worried about their exposure to China as a sole country of supply."

Persons: Carlos Barria, Deng Xiaoping, Logan Wright, Biden, John Ramig, Buchalter, Daniel Seeff, Cardigan, Chi Lo, Lee Smith, Baker Donelson, Samuel Shen, Tom Westbrook, Winni Zhou, Jacqueline Wong Organizations: REUTERS, Corporate, China Markets, China's, Administration of Foreign Exchange, Investors, Reuters, Oxford Economics, Ministry of Commerce, Management, Thomson Locations: Pudong, Shanghai, SHANGHAI, SYDNEY, China, Japan, U.S, Europe, Haining, Peru, Hong Kong, Baker, Singapore

[1/3] A general view shows the water conditions of the Piraiba river before a summit of Amazon rainforest nations, in Belem, Para state, Brazil August 6, 2023. REUTERS/Ueslei MarcelinoSAO PAULO, Aug 7 (Reuters) - Eight Amazon rainforest nations are expected to face divisions over proposals to block new oil drilling and end deforestation when they meet on Tuesday for their first summit in 14 years. But at a pre-summit meeting last month, Colombian President Gustavo Petro pushed his Brazilian counterpart Luiz Inacio Lula da Silva to block all new oil development in the Amazon. Brazil is weighing whether to develop a potentially huge offshore oil find near the mouth of the Amazon River. "Are we going to let hydrocarbons be explored in the Amazon rainforest?

Persons: Ueslei Marcelino, Gustavo Petro, Luiz Inacio Lula da Silva, Petro, Lula, Jake Spring, Oliver Griffin, Lucinda Elliott, Brad Haynes, Cynthia Osterman Organizations: REUTERS, Ueslei, Ueslei Marcelino SAO PAULO, Amazon Cooperation Treaty Organization, Brazilian, Miami Herald, Global Forest Watch, Thomson Locations: Belem , Para, Brazil, Bolivia, Colombia, Ecuador, Guyana, Peru, Suriname, Venezuela, Belem, Amazon, Lula's, Leticia, Bolivian, Bogota, Montevideo

But some of its beans, known as unwashed or 'natural' arabicas, have not previously been used for high-end benchmark coffee contracts around the world. Unwashed coffee is so-called because its fruit is left to dry whole before the bean is extracted. He added that relatively little Brazilian coffee ends up in ICE warehouses because it usually fetches higher prices in the physical markets. The two companies declined to comment on whether they had got a mix of semi-washed and unwashed beans certified by ICE. Zooming out to inflation adjusted terms however, coffee prices in 1980 were equivalent to about $8 per lb - a whopping 500% higher than they are today, according to Reuters calculations.

Persons: Juan Carlos Ulate, Dagoberto Suazo, unwashed, Marcio Ferreira, Cecafe, Ferreira, Louis Dreyfus, Pedro Mendoza, Maytaal Angel, Gustavo Palencia, Marcelo Teixeira, Frank Jack Daniel Our Organizations: Workers, REUTERS, LONDON, Agricultural, Intercontinental Exchange, Reuters, Producers, IF IT, ICE, Central, Thomson Locations: Grecia, Costa Rica, TEGUCIGALPA, Honduras, Brazil, America, Africa, Cafetaleras, Colombia, Central America, Peru, Europe, Swiss, Sucafina, U.S, London, Tegucigalpa, New York

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