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In Brief: Two face €55k drugs charges

TWO men allegedly caught with more than €55,000 worth of diazepam may have the charges struck out if DPP directions are still unavailable.

John Harrison (46), of O'Sullivan Avenue, in Ballybough, and Gareth Laurence (31), of Clonmore Terrace, Dublin 3, were allegedly found with the drugs after they were stopped and searched by drugs gardai at Ballycoolin Road in Blanchardstown on February 7.

Judge Anthony Halpin adjourned the matters at Blanchardstown District Court to September for DPP directions on the charges.

Music stars in drug lord probe

Three Puerto Rican reggaeton stars have come under US scrutiny after performing at the wedding of an alleged drug trafficker in Colombia who had been presumed dead.

Singer Arcangel and duo Jowell & Randy were among seven Puerto Rican artists at the wedding, said Pedro Janer, acting special agent in charge of the Drug Enforcement Agency's Caribbean division.

"We're definitely going to look into it," he said. "This guy was a pretty notorious drug trafficker."

Boeing lands massive order

United Airlines is buying 150 Boeing 737s to replace older planes that are not as fuel efficient.

The order is a huge boost for Boeing, which has been hoping to boost orders for its new 737 Max.

Airbus beat Boeing to the market last year by offering a competing version of its own A320 with a new engine earlier than Boeing did.

United chief executive Jeff Smisek said his airline had "extensive discussions with both Airbus and Boeing" before picking Boeing.

Brazil cuts its interest rate

Brazil has cut its key interest rate to the lowest rate ever in a move to kickstart its economy.

The central bank lowered the benchmark Selic rate from l 8.5pc to 8pc, saying the risks of an inflationary spike are "limited".

The cut comes as the government tries to stimulate an economy slowed by the global financial crisis.