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- Extreme rain doubled in Midwest: climate study
WASHINGTON (Reuters) - The number of extreme rainstorms - deluges that dump 3 inches or more in a day - doubled in the U.S. Midwest over the last half-century, causing billions of dollars in flood damage in a trend climate advocates link to a rise in greenhouse gas emissions. Across the Midwest the biggest storms increased by 103 percent from 1961 through 2011, a study released by the Rocky Mountain Climate Organization and the Natural Resources Defense Council reported on Wednesday. ...
- JGB Bank owner buys HSBC’s South American division
The owner of Doral-based JGB Bank has agreed to purchase control of HSBC Holdings’ South American operations for $400 million, according to multiple media reports.
Grupo Gilinski, led by Colombian banker Jaime Gilinski, had its GNB Sudameris agree to buy the HSBC operations in Colombia, Uruguay, Peru and Paraguay. The deal for the 62 branches and $4.4 billion in assets should close in the first quarter of 2013.
Gilinski’s JGB Bank is a separate entity from his South American bank, and it is...
- Two Mexican generals detained for alleged drug gang ties
MEXICO CITY (Reuters) - Two Mexican generals, including the former deputy minister of defense who helped lead the escalation of the country's war against drug gangs, are being investigated for ties to organized crime, the attorney general's office said on Wednesday. Mexican soldiers on Tuesday detained Tomas Angeles Dauahare, who served as the army's second in command until 2008, and Roberto Dawe Gonzalez, who led an elite unit in the state of Colima, and turned them over for questioning to the country's organized crime unit, military and government officials said. ...
- Two Mexican generals detained for alleged gang ties
MEXICO CITY (Reuters) - Two Mexican generals, including the former deputy minister of defense who helped lead the escalation of the country's war against drug gangs, are being investigated for ties to organized crime, an official at the attorney general's office said on Wednesday. Mexican soldiers on Tuesday detained Tomas Angeles Dauahare, who served as the army's second in command until 2008, and Roberto Dawe Gonzalez, who led an elite unit in the state of Colima, and turned them over for questioning to the country's organized crime unit, officials said. ...
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