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Apr 10, 2014

U.S. storm team predicts below-average Atlantic hurricane season

MIAMI (Reuters) – The 2014 Atlantic hurricane season is expected to be quieter than normal, with a below-average number of storms and hurricanes, a leading U.S. hurricane forecasting team said on Thursday.

Forecasters at Colorado State University (CSU) predicted this year’s season will see nine tropical storms, three of which will intensify into a hurricane and one becoming a major hurricane with winds of at least 111 miles per hour.

Apr 9, 2014

Miami internal affairs cop arrested on cocaine trafficking charges

MIAMI (Reuters) – An internal affairs officer with the Miami-Dade Police Department has been charged with helping drug smugglers and orchestrating a murder-for-hire plot to have assassins dressed as cops kill their rivals, officials said.

Ralph Mata, 45, appeared in a federal court in Miami on Wednesday, a day after he was arrested in connection with a scheme to smuggle cocaine from the Dominican Republic to New Jersey and elsewhere, according to federal prosecutors.

Apr 2, 2014

Amid rate-hike debate, Fed officials eye crystal ball

LOUIS/MIAMI (Reuters) – Two top policymakers said on Wednesday the Federal Reserve was in no rush to raise interest rates and would have to see improvements in the U.S. economy to do so.

The comments from St. Louis Fed President James Bullard and Dennis Lockhart of the Atlanta Fed, though not ground breaking, did reinforce the notion that accommodative monetary policies would remain in place for a while to come despite intense market speculation over the timing of tightening.

Mar 7, 2014

Mom who drove kids into ocean off Florida charged with attempted murder

ORLANDO/MIAMI (Reuters) – A pregnant woman who drove a minivan with her children inside into the surf off a Florida beach was charged with three counts of attempted murder, law enforcement officials said on Friday.

A tourist’s video showed lifeguards and bystanders rushing to help rescue the woman, Ebony Wilkerson, and her children, ages 3, 9 and 10, as their van bobbed in the waves on Daytona Beach on Tuesday.

Feb 28, 2014

Argentina’s poor at risk as inflation weakens safety net

BUENOS AIRES, Feb 28 (Reuters) – At a soup kitchen in a
Buenos Aires slum, Alejandro Monzon hung his head as he stood in
line and recounted how his fortunes have unraveled over the last
year.

Food prices have soared, the 29-year-old maintenance worker
complained, squeezing his meager monthly budget and leaving him
reliant on charity to keep his wife and six children fed.

Feb 19, 2014

Argentina asks U.S. Supreme Court to hear bonds case

WASHINGTON/BUENOS AIRES (Reuters) – Argentina filed an appeal to the U.S. Supreme Court on Tuesday seeking to reverse lower court decisions ordering the country to pay $1.33 billion to hedge fund creditors in a case Argentine officials warn could force it to default on its sovereign debt.

The appeal followed a November 18 decision by the 2nd U.S. Circuit Court of Appeals in New York denying Argentina’s petition for a rehearing in a decade-long legal battle with bondholders who refused to accept the country’s two debt-restructuring offers after the country defaulted on $100 billion in 2002.

Dec 16, 2013

Miami soccer fan cleared of charges after Cristiano Ronaldo hug

MIAMI (Reuters) – A prosecutor on Monday dropped charges against a 20-year-old college student who jumped out of the stands, ran onto the field and hugged Real Madrid soccer star Cristiano Ronaldo during an exhibition match in Miami in August.

The Portugal striker personally intervened in the case of Ronald Gjoka, a Canadian who faced charges of disorderly conduct and trespassing after the incident in the second half of the International Champions Cup match between Real and Chelsea.

Nov 16, 2013

Beckham lines up long shot – founding a Miami football team

MIAMI (Reuters) – From his tattoos to his finely chiselled physique and Armani underwear ads, football icon David Beckham oozes Miami-style sex appeal.

Blending charisma with a smart business plan, Beckham intends to launch his own professional football team in Miami, a multicultural market that has defied major league owners twice before. But Beckham is known for making long shots.

Nov 15, 2013

Beckham lines up long shot: founding a Miami soccer team

MIAMI (Reuters) – From his tattoos to his finely chiseled physique and Armani underwear ads, soccer icon David Beckham oozes Miami-style sex appeal.

Blending charisma with a smart business plan, Beckham intends to launch his own professional soccer team in Miami, a multicultural market that has defied major league owners twice before. But Beckham is known for making long shots.

Nov 13, 2013

David Beckham back in Miami eyeing a Major League Soccer team

MIAMI, Nov 13 (Reuters) – Retired English soccer star David Beckham toured potential stadium sites in Miami on Wednesday, signaling he is forging ahead with his interest in owning a new Major League franchise in the United States.

It was the second time in five months that Beckham, a former star with Manchester United, Real Madrid and the MLS club L.A. Galaxy, has visited Miami.