Stories for September 2015

Monday, September 28th 2015 - 10:45 UTC
Record soy and corn crops forecasted in South America because of stronger dollar and El Niño

A combination of weather, currency and political factors should result in another huge South American crop of corn and soybeans, further depressing grain and oilseed prices, says an analyst, according to a report from Canada's The Western Producer. 
Monday, September 28th 2015 - 10:35 UTC
Brazil has sufficient reserves, but Rousseff concerned about companies with dollar debts

Brazil President Dilma Rousseff cited the nation's foreign currency reserves as a backstop to excessive volatility and weakness in the Brazilian Real.
Monday, September 28th 2015 - 10:21 UTC
Brazil supports Paris conference and pledges to cut greenhouse gas emissions 37% by 2025

President Dilma Rousseff pledged on Sunday to slash Brazil’s greenhouse gas emissions by 37%, during her speech to the UN General Assembly. Outlining her vision for a global climate change agreement on Sunday, Rousseff stressed on the importance of a “common response”.
Monday, September 28th 2015 - 10:15 UTC
Guyana and Venezuela agree to restore ambassador and hold talks

Following a tense meeting, the presidents of Venezuela and Guyana agreed Sunday to restore ambassadors and hold talks to resolve a long-running border dispute that flared up recently following the discovery of oil in disputed waters.
Monday, September 28th 2015 - 10:05 UTC
“One billion tourists, one billion opportunities”, UN message on World Tourism Day

Marking the observance of World Tourism Day, senior United Nations officials are spotlighting the transformative potential of one billion tourists and their increasing capacity to help boost socio-economic and environmental development.
Monday, September 28th 2015 - 09:58 UTC
Catalonia separatists take control of regional parliament but short of the 50% vote targeted

Separatists in Catalonia won control of their regional parliament Sunday in an election that they vowed would set them on the road to independence from Spain. The region's nationalist president Artur Mas declared victory to a cheering crowd of flag-waving supporters after an emotional election that has heightened tensions with Madrid.
Sunday, September 27th 2015 - 13:12 UTC
UK to press Spain to honor law enforcement cooperation in Gibraltar waters

British Government will continue to press Spain to honor the agreement to step up law enforcement cooperation in Gibraltar waters, Philip Dunne Minister of State for Defence has said. Mr Dunne was responding to a written question in the House of Commons from Tory MP Andrew Rosindell.
Sunday, September 27th 2015 - 09:37 UTC
Major offshore drilling company accused of involvement in Petrobras scandal

Transocean Ltd., a top offshore drilling company, has been mentioned in testimony in a corruption investigation focused on Brazil's state-run Petrobras, Brazilian court documents showed.
Sunday, September 27th 2015 - 09:27 UTC
Brazil unemployment up for eighth month running; double December's rate

Brazil's unemployment rate rose for an eighth straight month in August to the highest in over five years, although the increase was slightly smaller than markets expected. The non-seasonally adjusted jobless rate rose in August to 7.6%, from 7.5% in July, statistics agency IBGE said.
Saturday, September 26th 2015 - 09:43 UTC
US dollar in Argentina at an all time record of 16.08 Pesos

The unofficial or 'blue' US dollar exchange rate in Argentina hit an all-time high of 16.08 Pesos at the end of trading on Friday, due in part to policy uncertainty ahead of the October 25 presidential election, according to local market sources.