Stories for August 2017

Wednesday, August 9th 2017 - 08:08 UTC
Regional countries don't recognize Venezuelan constituent assembly; permanent group to monitor events

On Tuesday, August 8, thirteen foreign ministers from the Americas met in Lima, Peru, in order to discuss Venezuela’s social and political crisis. The result was a signed declaration in which the representatives declare that Nicolás Maduro’s constituent assembly is illegal and illegitimate, as are all decisions that result from it.
Wednesday, August 9th 2017 - 07:48 UTC
UN Secretary General urges Venezuelan government and opposition to relaunch negotiations

Highly concerned that recent developments in Venezuela could lead to further escalation of tensions and hamper a peaceful solution to the crisis, United Nations Secretary General Antonio Guterres again on Tuesday urged the Government and the opposition to relaunch negotiations for the benefit of the Venezuelan people.
Wednesday, August 9th 2017 - 07:10 UTC
UK Supreme Court calls for clarity on the EU Court of Justice after Brexit

The president of the UK’s Supreme Court has called on the UK Government to provide greater clarity over the role of the European Court of Justice after Brexit. Lord Neuberger said it would be “unfair” to blame judges for making the law “when Parliament has failed to do so”.
Wednesday, August 9th 2017 - 06:45 UTC
Ten years from the 2007 financial crash, Lord Darling identifies “complacency” as the biggest danger

Regulators must remain “very very” vigilant about the risks to the economy, former chancellor Lord Darling has told the BBC - 10 years on from the start of the financial crisis. He said a rising level of consumer debt in the economy was a growing concern.
Wednesday, August 9th 2017 - 06:39 UTC
Beef and ethanol back in the EU/Mercosur agenda in October meeting

Beef will be back on the menu this October as the European Union seeks to finalise a trade deal with Mercosur. The European Commission will offer Mercosur new beef import quotas at reduced tariff rates during a formal round of trade talks in the first week of October in Brussels, EU sources confirmed.
Tuesday, August 8th 2017 - 20:08 UTC
UK big business lobby calls for a Brexit “transitional, interim or bridging” deal

Britain should consider pushing back the 2019 Brexit deadline as the simplest way to managing all the trade deals and other arrangements for leaving the European Union, business leaders urged on Friday.
Tuesday, August 8th 2017 - 20:00 UTC
Brazilian economy on course to a modest growth (2%) next year

Brazilian Central Bank President Ilan Goldfajn said that Latin America's largest economy remains weak though it is on course to show modest growth next year. In an interview with a São Paulo radio station, he said Brazil may achieve growth of 2% in 2018 if the economy continues expanding at its current pace.
Tuesday, August 8th 2017 - 18:37 UTC
Eggs with finopril scare in Europe: minimum risk in UK say authorities

A very small number of eggs contaminated with a toxic insecticide reached the UK earlier this year. Some of the eggs, which originated from the Netherlands, were also found in France, the country's agricultural ministry said.
Tuesday, August 8th 2017 - 17:46 UTC
Uruguay:British companies and agri-tech experts presented solutions for the agricultural sector.

On 28 July, British agri-tech experts and companies presented their work, products and services to Uruguayan companies and institutions at an event hosted at the British Residence.
Tuesday, August 8th 2017 - 17:28 UTC
Petrobras cuts gasoline prices to regain market share lost to imports

Brazil's Petrobras has reduced prices for the gasoline it sells in Brazil to below parity with the fuel imported from the United States, reducing profit margins to regain market share. The company has sharply reduced the price gap between the value of gasoline sold at its refineries and the spot price in the U.S. Gulf of Mexico since early July, when it announced changes to its pricing to adopt almost daily adjustments, according to fuel market experts.