Mexican national oil company Pemex blamed the cancellation of a potentially lucrative deepwater Gulf of Mexico project on weak investor appetite due to competition from recent auctions in Brazil and low oil prices. Mexico’s oil regulator canceled a tender to pick an equity partner for Pemex’s Nobilis-Maximino project, as company interest was not as robust as expected.1 comment
The United States President Donald Trump’s trade chief said on Monday that the World Trade Organization (WTO) is losing its focus on trade negotiations in favor of litigation, and was going too easy on wealthier developing countries such as China.Add your comment!
Free-trade talks between the European Union and Mercosur still face hurdles over beef and ethanol, and an expected deal announcement this week might not happen, officials involved in negotiations admitted on Monday. Mercosur diplomats on the sidelines of the World Trade Organization ministerial meeting in Buenos Aires said EU officials had not presented improved offers on EU tariff-free imports for beef and ethanol as promised.Add your comment!
The United States 115th Congress has tabled resolution 650 recognizing the results of the free and fair elections for the new Members of the Legislative Assembly of the Falkland Islands held on 9 November 2017. The resolution, 650, was submitted last week by Representatives Mario Diaz Balart, Derek Kilmer and George Holding, and referred to the Committee on Foreign Affairs.5 comments
Irish MEP and vice-president of the European Parliament Mairead McGuinness is representing the European Parliament at the ministerial assembly on the World Trade Organization (WTO) in Argentina, which began on Sunday, and has warned that rushing towards a Mercosur/European Union deal would jeopardize the EU beef industry.1 comment
A Welsh Labour MP is calling for a second referendum on the final Brexit deal because the British people should have the last word. Geraint Davies' backbench bill offering a vote on whether to accept the deal negotiated between the UK and the EU was published in detail on Monday.Add your comment!
Scottish Brexit minister Mike Russell has called for basic answers about the deal struck with European leaders ahead of talks with UK ministers. Mr Russell is in London for a summit with members of the UK government and the other devolved administrations.1 comment
Peruvian President Pedro Pablo Kuczynski acknowledged that he worked as a financial adviser for an irrigation project owned by the Brazilian builder Odebrecht, contradicting his previous denials of having any links to the company. Odebrecht is at the center of Latin America’s biggest graft scandal and has admitted to paying about US$ 30 million in bribes to secure contracts in Peru over a decade.Add your comment!
Israeli Prime Minister Benjamin Netanyahu urged the EU on Monday to back a new U.S. peace initiative in the Middle East, after President Donald Trump's unilateral decision to recognize Jerusalem as Israel's capital met with widespread condemnation.2 comments
The centrist Brazilian Social Democracy Party, PSDB, elected four-time Sao Paulo Governor Geraldo Alckmin as its leader on Saturday, making him its most likely presidential nominee in next year’s elections. Alckmin threw the party’s weight behind a social security overhaul that is currently before Congress and would cut generous pensions for public-sector employees.1 comment