Michelle Bachelet’s son, Sebastián Dávalos, who had to resign his post as his mother’s sociopolitical director, stands accused of corruption after procuring a US$10 million loan to flip a property the day after she won the second round,
Davalos is accused of promising Bank of Chile executives the government’s ear in return for a CHL$6.5 billion (US$10 million) loan for Caval Ltd., a company half-owned by his wife, which previously held assets of under $8,000. The loan was used to purchase land for a housing development that was later sold at a $4 million profit.
Maybe he thought he was related to Bill and Hillary Clinton.
The president said the anticorruption measures will be complemented by a new constitution. The government is expected to start work on the new constitution in September, Ms. Bachelet said. The current constitution was implemented during the military dictatorship of General Augusto Pinochet.
This rewrite was a campaign promise; Bachelet intends to use proceeds from the mining industry to pay for propaganda social programs, which currently the Constitution does not allow.
Bachelet’s popularity rating is currently 32%. The economy is sliding as investment and growth drop following her tax increases. She’s going to end school vouchers.
Thankfully, it is hard to imagine suicide or a coup. It is also hard to see Ms Rousseff, a tough former urban guerrilla who survived torture, resigning. And Brazilian law holds that a president can be impeached only for political or common crimes committed during her current term of office—though whether that rule would necessarily exempt any malfeasance during her first term is not clear. So far nothing ties Ms Rousseff to corruption; some would like fiscal irresponsibility to be impeachable, but probably it is not. It is for Mr Cunha to decide whether to start impeachment, and he is one of 52 politicians being investigated over alleged illegal donations from Petrobras.
Paraguay has seen a spillover of organized criminal activities from countries such as Colombia, Brazil and Argentina which manifests itself in home invasions, kidnappings, and shootouts with drug traffickers, Maldonado said.
As it enters the final stretch of a massive expansion, the Panama Canal Authority is setting its sights on an even more ambitious project worth up to $17 billion that would allow it to handle the world’s biggest ships.
Workers are now installing giant, 22-story lock gates to accommodate larger “Post-Panamax” ships through the Canal, one of the world’s busiest maritime routes.
The project involves building a third set of locks on the Canal. It is being headed by Italy’s Salini Impregilo and Spain’s Sacyr, and should open on April 1, 2016.
The new Uruguayan government says it will no longer grant asylum to prisoners from the Guantanamo Bay detention centre.
In December, Uruguay gave sanctuary to six Arab men who had been held at the US base in Cuba for 12 years.
Opinion polls said most Uruguayans rejected the decision taken by outgoing President Jose Mujica.
Foreign Minister Rodolfo Nin Novoa also said Uruguay would stop taking refugees from the Syrian conflict.
Does that mean they’ll kick Syrians Jihad Abu Wael Dhiab, Ali Husain Shaaban, Ahmed Adnan Ajuri, and Abdelhadi Faraj, Palestinian Mohammed Abdullah Taha Mattan, and Tunisian Adel bin Muhammad El Ouerghi out of the country?
Witnesses at the airport said that a few minutes after takeoff they heard a significant explosion followed by a huge fireball.
The passengers were members of the Argentine company La Rural which is an associate in a project to exploit a Convention Center under construction in the Atlantic resort of Punta del Este and had flown to Uruguay for a business conference with their Uruguayan partners and the local government.
La Rural is a leading company in Argentina and Latin America in the fairs, congress and events industry.
her approval rating has dropped to 31%, according to pollster Cadem. Pollster Adimark has her with 39% support, down from a high of 54% in March last year. Both firms say that recent revelations that a bank allegedly sped a loan to family members was a blow to her image, although Ms. Bachelet denies knowing of the loan. Family members have denied any wrongdoing and no charges have been filed in the case.
Political analysts say that Ms. Bachelet will continue with her reform platforms, focusing on the education and labor sectors, and could start a debate on modifying the nation’s constitution, due in part to its roots in the military dictatorship of Augusto Pinochet.
Color me skeptical on her proposed modifications to the constitution. Chile has flourished exactly because of that Constitution.
Regarding her son, he was reducing his “inequality”:
A prosecutor is investigating whether Sebastian Davalos and his wife got privileged access to a $10 million loan to buy land they later sold for about $15 million. The loan was approved a day after Bachelet was elected president in December 2013.
Davalos already had resigned his post as director of social and cultural activities for the presidency.