MercoPress. South Atlantic News Agency
Stories for January 13th 2017
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Friday, January 13th 2017 - 12:37 UTC
Brazil retakes wheat imports, the highest in three years
Brazilian officials ditched expectations of a tumble in wheat imports to a multi-year low after a surprisingly strong finish to 2016 for buy-ins, encouraged by a recovery in the real and state purchases of domestic supplies. Conab - which a month ago slashed its forecast for Brazil's wheat imports in 2016-17 [on an August-to-July basis] to 5.10m tonnes, the lowest since at least the mid-1990s – this week revised its forecast sharply upwards, to 5.95m tonnes.
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Friday, January 13th 2017 - 11:19 UTC
Petrobras pre-salt oil production set a new record in 2016
Petrobras’ average oil production in Brazil in 2016 went up 0.75% in comparison to the previous year and reached 2,144,256 barrels per day. According to the company, the result was in line with the established target of 2.145 million and represents an annual all-time high.
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Friday, January 13th 2017 - 11:12 UTC
Corruption charges against Decal do Brasil for bribing Petrobras top manager
Brazilian prosecutors on Thursday filed corruption charges against Decal do Brasil co-founder Mariano Marcondes Ferraz, accusing him of bribing a former executive at state-run oil company Petrobras to win contracts for Ferraz's own firm.
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Friday, January 13th 2017 - 11:04 UTC
Argentina announces ambitious financial program; road show begins Monday in London
Argentina struck an 18-month financing deal worth US$6 billion with six banks on Thursday, Finance Minister Luis Caputo told reporters, saying the government planned to tap international capital markets for US$10 billion in 2017. Sovereign bond issuance will start on Jan. 19, with a sale of US$3 billion to US$5 billion in U.S. dollar-denominated paper.
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Friday, January 13th 2017 - 09:03 UTC
Falklands: 46 minefields to be cleared in two years pledges Foreign Office
Falkland Islanders can expect a total of 46 minefields cleared over the next two years in the Mount Longdon and Stanley area confirmed a Foreign and Commonwealth Office delegation in the Falklands this week. Mines are the long lasting and unwanted legacy of the 1982 war.
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Friday, January 13th 2017 - 08:33 UTC
Lula da Silva is “preparing” to run for the presidency in 2018
Former Brazilian President Lula da Silva, confirmed Wednesday that “he is preparing” to run for the presidency in 2018, should it “be necessary.”
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Friday, January 13th 2017 - 08:20 UTC
UK/Uruguay double taxation convention takes effect
The comprehensive Double Taxation Convention between Uruguay and the United Kingdom has taken effect from 1 January 2017.
