Pfizer Inc. decides to terminate its $160 billion merger with Allergan, Plc as officials in Washington crack down on corporate inversions. Pfizer will need to pay a $400 million fee to Allergan for expenses relating to the deal. (Bloomberg)
China'sMinistry of Commerce says that it is restricting trade with North Korea, in line with the recent sanctions approved by the United Nations Security Council last March. China will be banning the export of jet fuel and import of gold, some coal and "rare earth metals" used in high-tech goods. (BBC)
France places Panama back on its list of countries that do not cooperate in catching tax evaders. "France has decided to put Panama back on the list of uncooperative countries, with all the consequences that will have for those who have transactions" with the Central American state, Finance MinisterMichel Sapin, told Parliament on Tuesday. (AFP via Al Jazeera)
Due to concerns about an increasingly anti-Mexican climate across the border, Mexico unexpectedly changes two of its top officials responsible for U.S. relations. Foreign MinisterClaudia Ruiz Massieu told local media, "We have been warning that our citizens have begun to feel a more hostile climate. This (anti-Mexican) rhetoric has made it clear that we have to act in a different way so that this tendency being generated doesn't damage the bilateral relationship." (Reuters)
The Military junta of Thailand gives the Royal Thai Armed Forces broad police-like powers. The military is now allowed to prevent or suppress over 27 types of offenses. The move created an outcry from human rights organizations and prompted the United States to express its concern over the growing influence of the military in the country. (The Guardian)
The results of a referendum last month in the Australian state of Queensland with voters agreeing to plans for a four-year fixed parliamentary term. (AAP via Yahoo! News)
Peruvians protest in five cities, including the capital Lima, against the presidential candidacy of Keiko Fujimori, daughter of imprisoned ex-president Alberto Fujimori, who exactly 24 years ago this day carried out a coup by shutting down Congress and taking over the courts with the support of the military. Keiko Fujimori is the front runner in Sunday's April 10, 2016, election. Yesterday, Fujimori committed to respect democratic liberties and the rule of law, and to work against corruption, which some opponents have rejected. The Organization of American States says the election could lack credibility unless two recently disqualified candidates are allowed to run. (NBC News)(AP via The Washington Post)(Prensa Latina)
In women's college basketball, the Connecticut Huskies top the Syracuse Orange to cap a perfect season (38-0) with the program's fourth straight national championship, and in all four, UConn's senior center Breanna Stewart wins the Final Four's Most Outstanding Player. (CNN)(ESPN)
Rangers F.C., the association football club with the most domestic league titles in the world, earn promotion to the Scottish Premiership, returning to the nation's top division for the first time since their triple relegation for financial reasons in 2012. (BBC Sport)