Stories for 2016

Tuesday, July 5th 2016 - 07:41 UTC
Petrobras: new round of arrest warrants in three different states

Brazil’s federal police served five arrest warrants and conducted search and seizure operations in three states on Monday, in the latest round of a sweeping corruption probe around state-run oil firm Petroleo Brasileiro SA. Police said contractors paid at least 39 million reais (US$ 12m) in bribes to executives of Petrobras, and rigged public auctions at Petrobras’ research centre Cenpes.
Tuesday, July 5th 2016 - 07:31 UTC
Brazil manages US$23.6bn trade surplus in the first half of the year

Brazilian exports exceeded imports by US$23.6 billion in the first half of the year - a record for the period. In addition to the basic products, sales grew strongly with the sale of vehicles for Latin America. The data were released by the Ministry of Industry Trade and Services.
Tuesday, July 5th 2016 - 07:21 UTC
OECD-FAO forecasts agriculture prices will remain relatively flat overall in next decade

The recent period of high agricultural commodity prices is most likely over, say the OECD and FAO in their latest 10-year Outlook. But the two organizations warn of the need to be vigilant as the probability of a major price swing remains high.
Tuesday, July 5th 2016 - 06:54 UTC
Macri begins official visit to Germany looking for trade and investment

Argentine president Mauricio Macri arrived in Berlin on Monday, in his first official trip to the country and as part of an European tour aimed at strengthening Argentina’s ties with the European Union. Macri arrived from Brussels where he met EU authorities and the day before, was in Paris with president Francois Hollande.
Tuesday, July 5th 2016 - 06:34 UTC
Macri insists in Brussels: “Brexit or not, our Malvinas claim will never change”

Argentine president Mauricio Macri said on Monday that his country's claim to the Falkland Islands remained unchanged following Britain's vote to leave the EU. “Brexit or not, our claim will never change,” Macri told reporters in Brussels after talks with European Union leaders.
Monday, July 4th 2016 - 10:18 UTC
Brazilian unemployment reached a record 11.2% in the March/May quarter

Brazil's jobless rate remained stuck at a record 11.2% at the end of May, the government statistics office reported. The rate for March through May was unchanged from the previous quarter, with 11.4 million people officially out of work, the Brazilian Institute of Geography and Statistics (IBGE) said. A year ago, the jobless rate was 8.1%.
Monday, July 4th 2016 - 10:05 UTC
Czech president referendum proposal on EU and NATO, rattles Brussels

The Czech government has no intention of holding any referendum on European Union or NATO membership, Prime Minister Bohuslav Sobotka's office said in a statement, a week after Britain's surprise vote to leave the bloc.
Monday, July 4th 2016 - 09:56 UTC
Exxon-Mobil-Hess confirm that off Guyana coast oil discovery is largest in two years

ExxonMobil and its partner Hess Corp. have announced that the major discovery off the coast of Guyana, in the north of South America and bordering with Venezuela, is a discovery that is much larger than previously expected.
Monday, July 4th 2016 - 09:45 UTC
New York Times gets involved in Rio Olympics Games catastrophe controversy

Rio de Janeiro’s mayor lashed out Sunday at an opinion piece in The New York Times which warned of “catastrophe” at next month’s Olympic Games.
Monday, July 4th 2016 - 09:35 UTC
Austrian Euro-skeptic presidential candidate has a chance to turn narrow defeat into victory

In a move that could turn into the next blow to the EU after Britain’s exit vote, Austria’s highest court ordered a rerun of the country’s presidential election. The landmark decision gives a right-wing candidate the chance to turn his narrow defeat into victory.