When toymaker Estrela decided to move manufacturing capacity back to Latin America from China, it sank US$ 2 million into a new factory not in its native Brazil - the region's largest economy - but in its tiny southern neighbor Paraguay. The plant, which opened this month in the border town of Hernandarias, stands near a 4,500-hectare industrial park filled with Brazilian companies making everything from auto parts to clothing.
The UN’s new climate chief admits she’s worried about President Donald Trump – but is confident that action to curb climate change is unstoppable. President Trump said he’d withdraw from the UN climate deal and stop funding the UN’s clean energy program. But former Mexican diplomat Patricia Espinosa said that the delay in any firm announcement suggests the issue is still unresolved.