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Apr 1, 2011

Florida pastor is focus of Muslim outrage – again

MIAMI (Reuters) – An American Christian preacher who caused an international uproar last year by threatening to burn the Koran has put himself back in the spotlight after incinerating Islam’s holy book — again with deadly consequences.

Thousands of protesters in northern Afghanistan, enraged over news that the Florida pastor Terry Jones had overseen a torching of the Koran, stormed a United Nations compound on Friday, killing at least seven U.N. staff.

Mar 16, 2011

Angry voters oust Miami-Dade mayor in special vote

MIAMI (Reuters) – Voters in Miami-Dade, one of the most populous U.S. counties, removed Mayor Carlos Alvarez from office in a special vote on Tuesday triggered by popular anger over a hike in property taxes.

With 707 of 829 precincts reporting, official results showed 88 percent of voters backed the effort to oust the once-popular mayor, who is his second four-year term.

Mar 16, 2011

Miami area mayor faces ouster in recall vote

MIAMI (Reuters) – Voters in one of the most populous counties in the United States went to the polls on Tuesday for a recall vote spearheaded by a billionaire anti-tax crusader and aimed at toppling a once-popular Republican mayor.

Preliminary results, based on early and absentee voting, suggested Miami-Dade County Mayor Carlos Alvarez faced an uphill battle, with 88 percent out of 130,000 ballots counted choosing to oust him.

Mar 15, 2011

Miami area mayor faces ouster in major recall vote

MIAMI (Reuters) – Voters in one of the most populous counties in the United States went to the polls on Tuesday for a recall vote, spearheaded by a billionaire anti-tax crusader, aimed at toppling a once-popular Republican mayor.

A recent poll published in the Miami Herald showed Miami-Dade Mayor Carlos Alvarez heading for almost certain defeat in the vote, which would be the biggest U.S. recall since California voters tossed out former Governor Gray Davis in 2003.

Mar 4, 2011

Haitian candidate wary of Aristide’s planned return

MIAMI (Reuters) – A candidate in Haiti’s decisive presidential run-off said on Thursday she hoped popular former President Jean-Bertrand Aristide would delay his planned return to the country until after the election later this month.

“Personally, as a citizen, I would prefer that he comes back after the elections,” former first lady Mirlande Manigat said in a news conference at Miami’s International Airport.

Mar 2, 2011

Ex-UBS banker ordered released on bond in tax case

, March 2 (Reuters) – A federal judge
on Wednesday ordered the release on bond of a Credit Suisse
banker arrested on charges of helping wealthy American clients
hide their money from U.S. tax authorities when he worked for
UBS AG.

U.S. prosecutors accuse Christos Bagios, now a senior
banker at Credit Suisse (CSGN.VX: Quote, Profile, Research, Stock Buzz), of assisting U.S. clients to
evade taxes on assets and income while he worked at UBS
(UBSN.VX: Quote, Profile, Research, Stock Buzz)(UBS.N: Quote, Profile, Research, Stock Buzz) from 1999 through 2005, according to a
criminal complaint.

Mar 2, 2011

US accuses Swiss banker of aiding tax cheats

, March 1 (Reuters) – A former UBS AG
(UBSN.VX: Quote, Profile, Research, Stock Buzz) banker has been charged with conspiracy for helping
wealthy Americans hide assets to evade U.S. income taxes,
according to a criminal complaint unsealed on Tuesday in
federal court in Florida.

Christos Bagios, who now works for Credit Suisse (CSGN.VX: Quote, Profile, Research, Stock Buzz),
was accused of assisting U.S. clients in a bid to conceal their
assets and income from the U.S. government when he worked at
UBS from 1999 through 2005, according to the complaint.

Feb 17, 2011

Florida dad found with dead child held on $1 million bond

MIAMI (Reuters) – A Florida judge on Thursday ordered a man held on a $1 million bond after he was accused of dousing his 10-year-old adopted son with dangerous chemicals and police also found the dead body of a twin daughter in his pickup truck.

The case was prompted by the discovery on Monday of the pickup truck parked on the side of a busy interstate highway near West Palm Beach, Florida. The mystery has left authorities struggling to piece together what happened.

Feb 10, 2011

U.S. turns up the heat on Colombian drug gangs

MIAMI (Reuters) – U.S. authorities are increasing efforts to crack down on criminal gangs in Colombia that are running cocaine to Mexican drug kingpins who are at war with Mexico’s security forces.

On Wednesday, a Miami federal grand jury indicted Diego Perez Henao, a suspected Colombian drug trafficker alleged to be the leader of one such criminal gang, known by its Spanish-language acronym as “Bacrims.”

Feb 8, 2011

Egypt, US may make emerging market investors more selective

, Feb 8 (Reuters) – Investors may be more
finicky when it comes to emerging markets after violence in
Egypt and stronger U.S. data drove record net redemptions from
the sector’s biggest exchange traded fund last week.

Exchange traded equity funds registered net outflows of
$2.173 billion in the week ended Feb. 2 as investors were
rattled by political upheaval in Egypt. The largest flows came
from emerging markets, according to data from Lipper, a Thomson
Reuters service.