News Archive - 30 December 2015

Exclusive: U.S. ties ex-Panamanian president to SAP software bribery scheme

>WASHINGTON/MEXICO CITY A U.S. federal judge identified the former president of Panama, Ricardo Martinelli, as one of several alleged co-conspirators in a bribery scheme that helped SAP to sell millions of dollars in software to Panama, according to a document reviewed by Reuters. The reference to Martinelli as a...

Top aide to North Korea leader Kim Jong Un dies in car crash: KCNA

>SEOUL A senior North Korean ruling party official and a top aide to leader Kim Jong Un has died in a car accident, the state news agency reported on Wednesday, the latest dramatic demise in the close circle of deputies to the country's leader. Kim Yang Gon, who was a...

Global growth will be disappointing in 2016 says IMF's Lagarde

>"In many countries the financial sector still has weaknesses and in emerging markets the financial risks are increasing. All of that means global growth will be disappointing and uneven in 2016," IMF Managing Director Christine Lagarde said. She added that low productivity, aging populations and the effects of the global...