Ex-Mozambique finance minister denied bail in South Africa: lawyer
A South African court denied former Mozambican finance minister Manuel Chang bail on Friday, one of his lawyers said, meaning he will for now remain in custody in connection with a $2 billion fraudulent loan case.
Russia’s RDIF chief offers to vouch for detained U.S. Baring Vostok founder
The head of Russia’s sovereign wealth fund offered on Friday to personally vouch for Michael Calvey, the founder of Baring Vostok private equity group who has been detained with several others and accused of embezzlement.
Xi says trade talks progress, more meetings next week in U.S
Talks between China and the United States this week made important progress, President Xi Jinping told top U.S. trade negotiators on Friday, adding that efforts would continue in Washington next week to resolve their bruising trade war.
China’s President Xi meets top U.S. trade delegation officials
Chinese President Xi Jinping met U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin on Friday, following high-level negotiations aimed at striking a trade deal ahead of a March 1 deadline.
Political deadlock beckons as Spain’s PM calls April election
Spanish Prime Minister Pedro Sanchez called a snap national election for April 28 on Friday after parliament voted down his budget bill, spelling an uncertain few months for a country whose political landscape is increasingly fragmented.
Russian prosecutors accuse U.S. founder of Baring Vostok of embezzlement
Russian prosecutors in court on Friday accused the U.S. founder of Baring Vostok private equity group and other detainees of embezzling 2.5 billion rubles ($37.5 million).
EU vote last chance to change Europe, otherwise Italy has to leave: League lawmaker
European Parliament elections in May will be the last chance for populist parties to change Europe, a prominent member of Italy’s ruling League party said on Friday, adding that otherwise his country would have to leave.
India’s PM Modi warns Pakistan of strong response to Kashmir attack
India’s Prime Minister Narendra Modi warned Pakistan on Friday to expect a strong response to a suicide attack that killed 44 paramilitary policemen in Kashmir, ratcheting up tension between the nuclear-armed neighbors.
Brazil miner Vale employees arrested after Brumadinho dam disaster: Globonews report
Seven employees of Brazilian miner Vale SA have been arrested following the deadly collapse of the company’s Brumadinho dam in January that claimed hundreds of lives, the Globonews cable TV channel reported on Friday.
Russia detains U.S. founder of Baring Vostok private equity group
Russia has detained the U.S. founder of the Baring Vostok private equity group in Moscow on suspicion of fraud, a Moscow court said on Friday, a move likely to concern foreign investors.
