Argentine wheat exports more than doubled in the first quarter, government data showed, as farmers rushed to sell stockpiles ahead of an expected jump in plantings spurred by the open-market policies of new President Mauricio Macri. The surge in Argentine supply is hitting an oversaturated world market and putting downward pressure on wheat prices already near their lowest levels in six years.
The Army must decide is they side with the Constitution or with Maduro, says Venezuelan opposition
The army in crisis-hit Venezuela has to choose whether it is with the constitution or with [President Nicolas] Maduro, opposition leader Henrique Capriles said on Tuesday.He made the statement to journalists after Maduro decreed a state of emergency broadening the powers of soldiers and police - and a day before opposition-led marches demanding a referendum to oust the president.
Brazil's interim government on Tuesday confirmed the lead economist of the country's largest private bank to head the central bank, in a further shift away from the interventionist policies that many blame for deep recession and near double-digit inflation.
Brazilian interim President Michel Temer agreed with union leaders on Monday to draft a blueprint for overhauling the creaking pension system within a month, as he seeks to restore confidence in Latin America's largest economy. Temer has vowed to plug a fiscal gap equivalent to more than 11% of GDP last year.
Brazil’s interim President Michel Temer will replace the head of the government’s giant development bank with a female economist, following heavy criticism over his appointment of an all-male white cabinet.
Downing Street has said that Prime Minister David Cameron stands by his criticism of Donald Trump but will work with whoever is elected US president. UK PM has called the Republican hopeful stupid, divisive and wrong over his call for a temporary ban on Muslims entering the US.
Falkland Islands remains hopeful of improved relations with the new administration of Argentina and cooperation in the many areas of mutual interest such as fisheries and connectivity, but sovereignty of the Falklands is not for negotiation, reads the Gilbert House report to the 46th British Isles and Mediterranean Region Conference, which opened on Sunday in Jersey.
Republican hopeful Donald Trump has hit back at criticism from Britain's leaders by describing himself in an interview with Piers Morgan as “not stupid” and a “unifier.” The presumptive Republican nominee made the comment to Good Morning Britain, the breakfast show of NBC News' U.K. partner ITV.
By Julian Thompson for The Telegraph (*)
As the EU referendum campaign enters its final stages, the Remain camp is resorting to ever more desperate fear tactics to win the argument. The latest – and most ludicrous – proposition is that the future of UK dependent territories will be under threat if we leave. Without EU support, we are told, Argentina would perceive Britain as “weakened” and might invade the Falklands.
The situation in Venezuela has become so bad that even soldiers are struggling to support themselves. Over the weekend, six members of the Venezuelan military were detained by local authorities for stealing goats, the Venezuelan newspaper El Nacional reported on Sunday. It said the soldiers confessed to stealing the goats and said they did it to feed themselves, since they had no food left in their barracks.