Stories for April 2019

Friday, April 26th 2019 - 02:26 UTC
Robots and computers will deeply transform 32% of current jobs, OECD says

Robots and computers threaten 14% of existing jobs over the next 20 years, so countries must retrain workers for a transformed labour market, the OECD warned on Thursday.
Thursday, April 25th 2019 - 21:48 UTC
Economic collapse in Argentina worsens in a volatile day: Macri blames uncertainty

Argentina lived on Thursday another day in which the dollar rebounded and the country risk exceeded 1000 points. President Mauricio Macri criticized the “short-term” view of the markets and the Central Bank (BCRA) had to intervene by positioning the interest rate at 70% and diverting the futures market to contain the demand on the currency, preventing it from reaching the maximum accorded of 51.45 pesos.
Thursday, April 25th 2019 - 10:38 UTC
World Penguin Day: raise awareness with the hashtag #WorldPenguinDay

World Penguin Day is observed annually on April 25 recognizing the aquatic birds. In the world, there are 17 species of penguins with Southern hemisphere as their natural habitat. April 25 was chosen as World Penguin Day as it marks the date when Adelie penguins begin their migration northward toward Antartica.
Thursday, April 25th 2019 - 09:59 UTC
Argentine government admits that political uncertainty is behind the current collapse of economic indexes

Argentine economy Minister Nicolás Dujovne stated that political uncertainty ahead of the upcoming presidential election this October is the main factor for increases in Argentina's country risk and instability on the exchange markets.
Thursday, April 25th 2019 - 09:30 UTC
Thousands of emperor penguin chicks died in 2016 destroyed by severe weather, reports a BAS team

Thousands of emperor penguin chicks drowned when the sea-ice on which they were being raised was destroyed in severe weather. The catastrophe occurred in 2016 in Antarctica's Weddell Sea. Scientists say the colony at the edge of the Brunt Ice Shelf has collapsed with adult birds showing no sign of trying to re-establish the population.
Thursday, April 25th 2019 - 09:29 UTC
Brazil: Investors fearful of reaction to pension reform next steps in congressional debate

Brazilian markets slumped on Wednesday, a day after a planned pension overhaul cleared a congressional hurdle following a lengthy debate that highlighted the government’s struggle to build support for its signature reform policy.
Thursday, April 25th 2019 - 09:28 UTC
Xi receives Piñera, praises Chile and calls for a pragmatic cooperation

China and Chile should connect their development strategies and promote interconnectivity between Chile and other Latin American countries, President Xi Jinping said on Wednesday.
Thursday, April 25th 2019 - 09:27 UTC
Tories call for more clarity from PM May as to how long she will remain in office

Senior Tories have ruled out changing their rules to allow an early challenge to Theresa May's leadership, but have asked for more clarity about how long she will remain in office. Under current rules, MPs cannot hold a new confidence vote in her leadership until December - 12 months on from last year's vote which she won.
Thursday, April 25th 2019 - 09:20 UTC
Brazil and Argentina exports taking over US corn markets

US corn exports are facing increased competition from Brazil and Argentina, the two South American nations that are offering cargoes at competitive prices on the back of high crop output, a trend that could put downward pressure on Chicago corn prices in coming months, analysts said.
Thursday, April 25th 2019 - 08:59 UTC
Facebook profits and users rising, but company will set aside US$ 3bn for US FTC investigation into privacy practices

Facebook has said it will set aside US$ 3bn to cover the potential costs of an investigation by US authorities into its privacy practices. While it has provided for a heavy toll from the investigation by the US Federal Trade Commission, the final cost could be US$ 5bn, it said.