China will impose temporary anti-dumping measures on Brazilian broiler chickens from June 9, the commerce ministry said on Friday, after finding in a preliminary ruling that its domestic industry has been substantially damaged by the imports. Local firms buying Brazilian chicken will be required to pay deposits ranging from 18.8% to 38.4% of the value of their shipments, the ministry said in a statement. The measures cover products supplied by top Brazilian exporters JBS and BRF.
Brazil announced on Wednesday evening that it has earmarked up to 194.3 billion Reais or US$ 51.13bn in loans to promote large and medium-sized agricultural producers. At a ceremony in the capital Brasilia, President Michel Temer and his Agriculture Minister Blairo Maggi unveiled the government's “2018-19 Agriculture and Cattle Ranching Program”, which devotes slightly more resources to the sector than last year's 190.25 billion Reais (US$ 50.06 billion).
On occasion of the World Oceans Day, international NGO Friend of the Sea calls both the shipping industry and consumers to take actions to prevent ship strikes
The Argentine authorities and IMF staff have reached an agreement on a 36-month Stand-By Arrangement (SBA) amounting to US$50 billion (equivalent to about SDR 35.379 billion or about 1,110% of Argentina’s quota in the IMF). This staff-level agreement will be subject to approval by the IMF’s Executive Board, which will consider Argentina’s economic plan in the coming days.
The United Nations celebrates World Oceans Day every year on June 8. As part of the celebrations, the Office of Legal Affairs, Division for Ocean Affairs and the Law of the Sea organizes several events and hosts a reception at United Nations Headquarters in New York City, where the Secretary-General’s Annual World Oceans Day Message is delivered and the winners of the Annual World Oceans Day Oceanic Photo Competition are announced.
Boris Johnson reportedly warned there may be a Brexit “meltdown” in comments made at a private dinner this week. The UK foreign secretary also referred to the Treasury as the “heart of Remain”, according to a report by Buzzfeed.
Theresa May has been fighting to keep her Brexit plans on track despite a Cabinet row over proposals for the Irish border and a potential revolt in the Commons. The UK’s proposals for a “backstop” arrangement for the border between Northern Ireland and Ireland are to be published “shortly”, although Brexit Secretary David Davis understood to have concerns about some of the details.
The Falkland Islands Director of Natural Resources John Barton confirmed this week that exchange of fisheries data will resume “in short order” following the resumption of fisheries talks with Argentina last month. Mr. Barton confirmed that proposals for joint research cruises are being drawn up and another meeting has been scheduled to take place in London in late 2018.
Immigration to Uruguay, Argentina and Chile has exploded exponentially in recent years. It is receiving an “unprecedented” daily requests for refuge in the southern country, according to the Director of Human Rights and Humanitarian Law of the Uruguayan Ministry of Foreign Affairs, Dianela Pi, who explained to MercoPress that “There are acts of discrimination and xenophobia that are emerging in Uruguay as never before” as a result of the migratory phenomenon. This wave comes mostly from citizens of Venezuelan origin.
Queen Maxima of the Netherlands is mourning the loss of her younger sister Inés Zorreguieta, who has passed away at the age of 33. Local Argentine media have reported that Inés died of an apparent suicide. She was found at her home on Wednesday night in Buenos Aires. Inés, who worked for the government, is believed to have suffered from depression and mental health issues.