Brazil is getting ready for a blockbuster 2017 harvest and booming exports, amid favorable weather forecasts, according to recent estimates. With a plentiful harvest expected, Brazil’s National Grain Association predicts grain exports will rebound, with soybean exports of 60 MT in 2017, compared with some 51 MT for 2016. Corn exports will increase to 30 MT, compared with some 18.5 MT in 2016, the association reported.
Fiscal initiatives could boost global economic growth, the Organization for Economic Cooperation and Development (OECD) said Monday in its semi-annual economic forecast. The Paris-based think tank predicted a global gross domestic product (GPD) growth rate of 3.3% in 2017, a figure that remained unchanged from its last outlook released in June.
Ambassadors and representatives of nations that signed the Ottawa Convention called on Monday in Santiago for a quicker clearing of minefields, so that by 2025 the world will be completely free of landmines.
Paul Nuttall has been elected leader of the United Kingdom Independence Party, replacing Nigel Farage. The 39-year-old Member of the European Parliament, who served as UKIP's deputy leader for six years, won 62.6% of support among party members He promised to put the great back into Britain and force the government to give us a real Brexit.
Passenger air traffic in Bolivia has increased from 1,859,456 to 2,121,437 between January and August, 2016, compared to the same part of 2015, the General Directorate of Civil Aeronautics (DGAC) reported, which means a 14 % increase.
Brazil's President Michel Temer promised Sunday during a press conference he would step in should legislators under suspicion of corruption make an attempt to grant themselves any sort of amnesty, in what was perceived as a move by th Executive to sweep away much of the untrustworthiness it has brought upon itself as scandals kept surfacing in recent months.
Oil prices fell over 1 percent Monday in Asia following a decline of more than 3 percent Friday over disagreement between members of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC exporters like Russia. Brent crude futures LCOc1 were trading at $46.40 per barrel at 0035 GMT (7.35 a.m. ET), down 84 cents, or 1.8 percent, from their last close, while U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 74 cents, or 1.6 percent, at $45.32 a barrel.
Venezuelan President Nicolás Maduro said on Sunday he hopes to maintain dialogue with the opposition in 2017 and 2018, although his opponents insist on calling for elections as soon as possible to seek a change of government.
Uruguay's derby between Peñarol and Nacional was called off on Sunday after fans clashed with police in and around the Centenario stadium, while cooking gas carafes were dropped from the stands against officers injuring several. An estimated 150 hooligans were finally arrested by riot policy with horses and dogs and the match was suspended when the police said it could not guarantee the safety of players and people at the stadium.
Dr Vijay Rangarajan CMG has been appointed United Kingdom's Ambassador to Brazil in succession to Alexander Ellis. Dr Rangarajan will take up his appointment in Spring 2017. Outgoing ambassador Ellis has been appointed Director General at the Department for Exiting the European Union and will be taking his new role next January.