President Donald Trump has walked out of a meeting with Democratic leaders as negotiations broke down on the 19th day of a US government shutdown. The Republican president ended talks after Nancy Pelosi and Chuck Schumer stuck by their refusal to fund his planned US-Mexico border wall.
Venezuelan President Nicolas Maduro on Wednesday warned he could take “diplomatic measures” against Latin American nations that signed a statement last week describing his second term, which starts on Thursday, as illegitimate.
Venezuela’s defense minister told socialist President Nicolas Maduro to step down last month, and said he would offer his own resignation if he did not, the Washington Post reported on Wednesday, citing an anonymous U.S. intelligence official.
Jaguar Land Rover (JLR) will announce on Thursday it is cutting up to 5,000 jobs from its 40,000 strong UK workforce. Management, marketing and administrative roles are expected to be hardest hit, but some production staff may also be affected.
Brazil’s 2018/19 soybean crop forecast was cut to 116.9 million tons on Wednesday from 121.4 million tons late in November, said consultancy AgRural, blaming extreme heat and a dry spell in southern areas for the smaller projection.
The World Bank lowered its growth estimates for Brazil both in 2018 and this year. Last June the multilateral organization bi-annual report indicated that Latin America's largest economy would advance 2.4%, but it has now reduced that to 1.2%, one of the greatest falls for any country in the report.
Brazil's president Jair Bolsonaro reaffirmed his rejection of a global migration pact, saying decisions about who was able to come into his country need to be sovereign. His comments, posted in a series of messages on his Twitter account, reinforced Bolsonaro's declaration before he took office last week that he was going to pull Brazil out of the migration compact that was endorsed by the UN General Assembly in December.
The U.S. Department of Agriculture (USDA) delayed several major U.S. and world crop reports because of the two-week-old partial government shutdown, the agency said on Friday. New release dates for the monthly World Agricultural Supply and Demand Estimates report and other data originally scheduled for Jan. 11 will be set once government funding is restored, USDA said.
Type 23 frigate HMS Montrose joined the international fight against plastic littering the oceans by recording pollution on four Pacific islands. The ship's company and their Wildcat helicopter spent two days surveying remote islands – including Pitcairn, last resting place of HMS Bounty.
Latin American stocks in the region's main markets closed on Tuesday at new highs on the positive outlook for the ongoing US/China trade talks in Beijing. Brazil's Bovespa index ended trading above 92,000 points for the first time ever after hitting several record highs last week.