Brazil, the world's No 1 soy exporter, is expected to import around one million tons of the oilseed in coming months from its largest global competitor, the United States, as local supplies dwindle, according to Sao Paulo-based grain trader Agribrasil.
The United States imposed new sanctions on President Nicolas Maduro’s wife and several of his top allies on Tuesday as U.S. President Donald Trump urged members of the United Nations to support a “restoration of democracy” in the once-booming Venezuela oil producing nation.
Offshore oil & gas exploration company Borders & Southern Petroleum PLC on Tuesday said its loss widened in the first half of the year on finance expense and announced that a farm-out process was active and ongoing.
Evangelical voters are expected to play a decisive role in Brazil’s Oct. 7 presidential election as new rules ban corporations from making direct contributions in the wake of a graft scandal. With their numbers and clout growing, and the “evangelical bloc” in Congress accounting for 15% of federal lawmakers, evangelical supporters have become the focus of leading candidates.
A 92-year-old woman has been buried in Nebraska with British military honors for a secret that she held for decades: her World War II service as a code breaker of German intelligence communications. The Union Jack was draped over Jean Briggs Watters' casket during her burial on Monday, the Omaha World-Herald reported. Watters died Sept. 15.
An ex-wife of a leading Brazilian presidential candidate disputed a news report on Tuesday that she accused him of sending her a death threat amid a legal fight over their son's custody in 2011. The newspaper Folha de S.Paulo reported that Ana Cristina Valle had told Brazil's foreign office she left the country because of the threat by far-right congressman Jair Bolsonaro.
Pope Francis on Tuesday defended a landmark deal between the Vatican and China on the appointment of bishops, saying he, and not the Beijing government, will have the final say on who is named. In his first public comments on the deal signed in Beijing on Saturday, he told reporters on the plane returning from a trip to the Baltics that while he realizes not everyone will understand the logic behind the agreement, he was confident in the “great faith” of Chinese Catholics.
The resignation of Luis Caputo to the Presidency of the Central Bank of Argentina (BCRA), which has been reflected with surprise by the international media, occurs amid the trip of the Argentine President, Mauricio Macri, to New York to attend the Assembly General of the UN and with the mission of restoring the confidence of the international market in the Argentine economy. His predecessor, Guido Sandleris, receives a Central Bank when it is about to close an agreement with the International Monetary Fund (IMF).
The governor of Argentina's central bank, Luis Caputo resigned on Tuesday for personal reasons, the bank said in a statement, a surprise announcement in the midst of the country's talks with the IMF that sent the peso tumbling. Former finance minister Caputo has only held the role since June and is the second Argentine central bank president to resign this year. Argentina's peso currency slid 4.65% to open at 39.15 per U.S. dollar after the announcement, traders said.
Argentina plans to launch a delayed offshore licensing round in October as it seeks to explore a large frontier region in the South Atlantic for potential oil and natural gas production growth in the future. This was announced to oil executives in Houston by Argentina's energy secretary Javier Iguacel.