News Update for Wednesday, September 14

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Temer under investigation

Source: Globo G1

Brazil’s Supreme Court postponed their decision regarding the suspension of possible new charges against President Temer until next week, when they will also rule on the validity of the J&F executives’ depositions. Until then, Janot is free to present new indictments against the country’s number 1 leader in the four remaining days of his tenure as Attorney General.

 

Lula’s Deposition

Source: Globo G1

As was to be expected, Lula flatly denied receiving kickbacks from Odebrecht. According to the ex-president, everything Palocci said is a lie, and his former minister is “cold and calculating.”

 

Climate change

Source: The New York Times

Although most scientists agree that climate change is an urgent threat, this belief is not shared by everybody. However, after the havoc created by storms powered by warming oceans, people are beginning to wake up to this reality. “Now it’s a question of believing your own eyes,” says Senator Brian Schatz of Hawaii.

 

Glass Ceiling in Germany

Source: The New York Times

Angela Merkel was first elected chancellor of Germany in 2005, and is expected to win a fourth term on Sept. 24. But while a woman is head of the government, the rest of the country is a different story. Among the country’s 160 publicly traded companies, ninety-three percent of all executive board members are men. Nearly three out of four of these corporations have no women on their executive teams.

 

Business

Source: The New York Times

While many say market volatility is under control, one expert sees parallels with the Black Monday crash 30 years ago.

 

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