Citigroup's net income increased to $3.6 billion in the fourth quarter 2016, primarily driven by the lower operating expenses and cost of credit, partially offset by lower revenues. Citigroup's effective tax rate was 30% in the current quarter compared to 29% in the fourth quarter 2015.
Mercosur, or the Southern Common Market, is a customs union between Brazil, Argentina, Uruguay and Paraguay. It was originally set up in 1991. Bolivia, Chile, Colombia, Ecuador and Peru have associate member status. Bolivia may be incorporated as a full member soon.
Manzanar is a memory that is fading from the collective memory, but shouldn't. Like Anne Frank's diary, it recalls a way of life fraught with attitudes we'd rather forget. It also shows the resilience of a young girl and a reminder to not let it ever happen again.