DIRS.INFO The most relevant business & tech news

☆ Philippines, China say need to work together over maritime issues
▼ + stars: | 2023-03-24 | by ( ) www.reuters.com time to read: +1 min

Ted Aljibe/POOL via REUTERSMANILA, March 24 (Reuters) - Maritime issues between the Philippines and China play an important part in relations between the countries, senior officials from the countries said on Friday, as both sides pledged to work together to resolve differences. Tensions between the neighbours have recently flared up over what Manila described as "aggressive activities" by China in the South China Sea. Maritime differences with Beijing were a "serious concern", but could be resolved through the "exhaustion of all diplomatic means", Philippine foreign ministry undersecretary Theresa Lazaro said after talks with Chinese counterparts. Meanwhile, China's Vice Foreign Minister Sun Weidong said maritime issue were not "the entirety of its relations" with the Philippines. Reporting by Karen Lema and Neil Jerome Morales Editing by Ed DaviesOur Standards: The Thomson Reuters Trust Principles.

☆ As Cuba election day nears, some voters ask, 'why bother?'
▼ + stars: | 2023-03-22 | by ( Dave Sherwood | ) www.reuters.com time to read: +4 min

HAVANA, March 22 (Reuters) - Like a growing number of Cubans, 77-year-old Havana resident Humberto Avila says he will likely sit out Sunday's legislative elections. The retired university professor says he's done the math - 470 candidates, 470 open seats - and sees no point in voting. Abstention has spiked in recent elections, rising to a four-decade high of 31% of eligible voters in municipal elections in November. "This vote is for the Revolution ... and to continue to defend our socialist system," Diaz-Canel told textile workers in Santa Clara. Rey Lazaro Blanco, a 19-year old geography student at the University of Havana, told Reuters he will vote on Sunday.

☆ Marijuana legalization has stalled in Mexico, but farmers and cartels are still making big plans to profit off a new market
▼ + stars: | 2023-02-22 | by ( Luis Chaparro | ) www.businessinsider.com time to read: +8 min

An effort to legalize marijuana in Mexico has stalled after several years of debate by lawmakers. But Mexican cartels and independent growers are still preparing to cater to a new domestic market. The Sinaloa Cartel in particular is drawing business lessons from marijuana dispensaries in the US. At the current price for weed, Margarita gets roughly $25 a kilo. A marijuana legalization activist smokes marijuana in front of the San Lazaro Legislative Palace in Mexico City in October 2022.

☆ Here's what you need to know about a blockbuster court fight over Cuba's debt
▼ + stars: | 2023-01-20 | by ( Michelle Caruso-Cabrera | ) www.cnbc.com time to read: +6 min

The legal battle is over a portion of Cuba's unpaid commercial debt dating back to the 1980s. If they don't reach a deal, Cuba could then face yet another court fight over whether it finally has to pay. Because of the U.S. embargo against Cuba, American investors are prohibited from owning and trading Cuban debt, which frustrates some frontier-market hedge fund managers in the U.S. They argue that holding Cuban debt would better serve U.S. foreign policy interests because it would give Americans a seat at some future negotiating table. CRF, meanwhile, says in court filings that it first reached out to Cuba 10 years ago to settle the debt but were ignored.

"It’s a direct hit to the Mexican population of Boyle Heights and Lincoln Heights," Villalobos added. L.A. City Councilman Arthur Snyder during opening day ceremonies at Parque de Mexico in Los Angeles in 1978. A bust of Venustiano Carranza is among the missing sculptures at Parque de Mexico in Los Angeles. But only a few pieces remain today at the park, which is an extension of Lincoln Park in Lincoln Heights, one of the city's oldest neighborhoods and predominantly Latino. "Everyone goes and spends time ... at Lincoln Park, but Parque Mexico is kind of left alone especially as it’s gone into worse shape.

☆ Argentine Vice President Cristina Fernández convicted, sentenced in $1B fraud case
▼ + stars: | 2022-12-07 | by ( The Associated Press | ) www.nbcnews.com time to read: +5 min

BUENOS AIRES, Argentina— Argentine Vice President Cristina Fernández was convicted and sentenced Tuesday to six years in prison and a lifetime ban from holding public office for a fraud scheme that embezzled $1 billion through public works projects during her presidency. It was the first time an Argentine vice president has been convicted of a crime while in office. Argentina’s dominant leader this century, she was accused of improperly granting public works contracts to a construction magnate closely tied to her family. The panel also sentenced Báez and her public works secretary, José López, to six years. Fernández remains the singular leader of the leftist faction of the Peronist movement.

☆ Argentina’s VP Fernández guilty in $1B fraud, gets 6 years
▼ + stars: | 2022-12-07 | by ( ) www.cnbc.com time to read: +2 min

A three-judge panel found the Peronist leader guilty of fraud, but rejected a charge of running a criminal organization, for which the sentence could have been 12 years in prison. It was the first time an Argentine vice president has been convicted of a crime while in office. Fernández lashed out at the verdict, describing herself as the victim of a "judicial mafia." Argentina's dominant leader this century, she was accused of improperly granting public works contracts to a construction magnate closely tied to her family. The panel also sentenced Báez and her public works secretary, José López, to six years.

☆ Cristina Fernández de Kirchner: Argentina's vice president sentenced to six years in prison for corruption, will not run for office
▼ + stars: | 2022-12-07 | by ( Sahar Akbarzai Emilia Delfino | Sahar Akbarzai | Emilia Delfino | ) edition.cnn.com time to read: +2 min

CNN —A court in Argentina on Tuesday sentenced the country’s vice president, Cristina Fernández de Kirchner, to six years in prison and disqualified her from holding public office again after finding her guilty of corruption during her earlier terms as President. Fernández de Kirchner has temporary immunity due to her current role so will not immediately go to jail, and can appeal. The former President awarded “80% of the national public road works in Santa Cruz in favor of Báez companies between 2003 and 2015,” according to Telam, Argentina’s state-run news agency. Baez was also sentenced to six years in prison, as were former secretary of public works, José López, and the former director of national roads, Néstor Periotti, for their involvement in the alleged scheme. Lopez and Periotti have also been disqualified from holding public office again, Telam reported.

☆ Argentina court hands VP Cristina Kirchner 6-year jail term in graft case
▼ + stars: | 2022-12-06 | by ( Nicolás Misculin | ) www.reuters.com time to read: +3 min

The powerful vice president will not face immediate prison time and is also expected to appeal the sentence, with the case likely to spend years winding through higher courts. Fernandez de Kirchner served as president for two terms between 2007 and 2015 and commands rock-star crowds of supporters. She faced charges of alleged corruption in the awarding of public works during her presidency. Defenders of the vice president maintain she was a victim of judicial persecution. Lawyers said that Fernandez de Kirchner would not go to jail any time soon because she has immunity while serving as vice president.

☆ Indigenous fashion designers, artisans challenge plagiarism on Mexico City runway
▼ + stars: | 2022-11-23 | by ( Aida Pelaez-Fernandez | ) www.reuters.com time to read: +3 min

MEXICO CITY, Nov 23 (Reuters) - Wrapped in colorful haute couture, artisans and indigenous designers took a Mexico City fashion event by storm, all while trying to carve out a sustainable future in an industry threatened by plagiarism, instability and lack of funds. World-renowned brands such as Ralph Lauren and Chinese fast-fashion company Shein have in recent months faced accusations of plagiarizing indigenous Mexican designs, threatening the country's ancient textile tradition. [1/10] Artisan Juana Bravo Lazaro from the Urupan indigenous community, attends the Original Mexican Textile Art meeting, in Mexico City, Mexico November 20, 2022. Plagiarism of ancient indigenous designs has drawn ire from Mexican President Andres Manuel Lopez Obrador. "They plagiarize designs from artisans and indigenous people from Hidalgo, Chiapas, Guerrero," he told a news conference last week.

Hassan did betterthan Biden democrats have won control Arizona › Mark Kelly (D) wins D+5.7 D+0.3 +5.4 pts. Kelly did betterthan Biden democrats have won control Pennsylvania › John Fetterman (D) wins D+4.4 D+1.2 +3.2 pts. Warnock did betterthan Biden democrats have won control Nevada › Catherine Cortez Masto (D) wins D+0.7 D+2.4 +1.7 pts. Welch did betterthan Biden democrats have won control Maryland › Chris Van Hollen (D) wins D+26.4 D+33.4 +7.0 pts. Rep. Van Hollen did worsethan Biden democrats have won control Connecticut › Richard Blumenthal (D) wins D+14.9 D+20.1 +5.2 pts.

We’re tracking the remaining uncalled House races — and showing when they are called — as states continue to count the outstanding votes from the midterm elections. The tallies below are based on the reported vote so far, and the margin in many races will continue to change as more ballots are counted in the coming days.

How votes compare with 2020The map below shows how votes cast in this race compare with votes cast in the 2020 presidential election in the same area. Only counties that have reported almost all of their votes are shown.

Officials are not permitted to begin processing mail ballots before Election Day, and the state’s top election official said it would most likely take several days for full unofficial results to be available. Early returns could give a misleading impression of a large Republican advantage before all mail ballots are counted. Learn more about the timing of results ›

Tracking the most competitive statesEach party needs to win a share of the most competitive races for Senate control. The win targets below are based on what each party needs for control after accounting for the races the parties are expected to win most easily. Alaska is expected to be won by one of the two Republicans leading the vote count in that state.

Tracking the most competitive districtsEach party needs to win a share of the most competitive districts for House control. The win targets below are based on what each party needs for control after accounting for the races the parties are expected to win most easily. There is one race in a district rated competitive prior to the election that has not yet been called.

Officials may not begin processing mail ballots until Election Day, and officials have said that vote counting may take until the morning after the election or later that day. Early returns could give a misleading impression of a large Republican advantage before all mail ballots are counted. Learn more about the timing of results ›

Search resuls for: "Lazaro"

25 mentions found