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Brazil's consumer confidence deteriorated sharply in August to its lowest level in more than five years, the think tank FGV said Monday. The consumer confidence index fell to 102.3 from 106.9 in July. The score was the lowest since April 2009, when it was 99.7. In July, the index had risen strongly from April's 103.8.
Premier Oil has updated progress on the Sea Lion project, the first field development offshore the Falkland Islands. Latest subsurface studies suggest recoverable reserves for the Phase 1 development at 308 MMbbl, with further upside of 60 MMbbl if next year’s well on the Chatham prospect confirms that there is no gas cap in the western side of the field.
Argentina's petroleum company YPF announced the discovery of new gas and oil reserves in the province of Santa Cruz, with the potential to produce more than 200,000 cubic meters of gas and 370 barrels of oil per day at a depth of 2.770 meters.
Speaking with Argentina TV stations, Vatican Chief of Ceremonial, Guillermo Karcher played down the threats against Francis saying that “the Pope is not giving substance” to the reports. He explained that the Vatican security measures have not been increased since there has been “no official” threat.
The British embassy in Washington has apologized after tweeting a picture of a White House cake surrounded by sparklers, commemorating the burning of the building 200 years ago.
A magnitude 6.9 earthquake struck central Peru late on Sunday, and no immediate reports have surfaced about significant damage or major injuries. The U.S. Geological Survey originally estimated the earthquake to be a magnitude 7 but has since downgraded it, according to The Weather Channel. The impact was also felt in northern Chile.
Campaign leaders clashed over Scotland's future in a lively final TV showdown on Monday, with the pro-independence side counting on a knock-out blow to vault a stubborn gap in the polls.
Argentina's tax office, AFIP, Federal Public Incomes Administration president Ricardo Echegaray announced it had requested the arrest of the Donnelley board of directors for what he called playing a trick and inventing a fraudulent bankruptcy for the printing plant located in Buenos Aires province.
A group of hedge funds, including George Soros’s Quantum Partners and J. Kyle Bass’s Hayman Capital, is seeking a 226 million Euro interest payment on Argentine bonds from Bank of New York Mellon, BONY, that was blocked by a United States judge last month.
Argentina will appeal a World Trade Organization ruling against its use of import restrictions, according to a senior Argentine official. On Friday a WTO dispute panel found against Argentina in a 2012 case brought by the United States, the European Union and Japan relating to Buenos Aires licensing rules used to restrict imports.