Brazil is poised to sharply increase oil exports this year as heavy investments spur new output and demand for its lighter crudes win more buyers, especially in China and India. Production is projected to rise 210,000 barrels per day (bpd) in 2017, second only in the size of additional supply to the United States among non-OPEC producers.
A move announced recently by Mexican diplomats may be a precursor of what could be happening in the coming months with the trading of major commodities involving the country’s trade war talks with the U.S.
The Irish Farmers’ Association (IFA) is pushing to have meat removed from the proposed trade deal between Europe and Mercosur in the wake of Brazil’s meat scandal. The move could scupper the entire trade deal given the importance of the meat industry to Brazil, Argentina, Uruguay and Paraguay.
A South Korean ship carrying thousands of tons of iron ore and a crew of 24 has vanished in the South Atlantic after setting out from a port in Brazil. Two Filipino sailors were rescued on Sunday from a life raft and are expected to give investigators details of how and why the Stellar Daisy foundered as it headed south.
Argentine president Mauricio Macri underlined that dialogue will facilitate the Malvinas sovereignty non-renounceable claim and ensure that it is really effective. The Argentine leader was addressing a delegation of Malvinas Fallen Relatives and Veterans, at the Olivos presidential residence on Sunday which marked the 35th anniversary of the beginning of the South Atlantic conflict in 1982.
Tierra del Fuego governor Rosana Bertone called the Falkland Islanders fueguinos and invited them to integrate based on respect for cultural diversity. Ms Bertone was addressing the crowd on Sunday at the Malvinas Fallen monument in Ushuaia on Sunday, 35th anniversary of the Argentine military invasion of the Falklands and which according to the local calendar is the Malvinas Veterans and Fallen Day.
Argentina will never cease to claim Malvinas Islands sovereignty, but intelligent paths to advance on that purpose must also be found, said Ministry of Interior, Public Works and Housing Rogelio Frigerio on Sunday, in Ushuaia, during the main official event on the 35th anniversary of the beginning of the 1982 conflict with the United Kingdom.
Flooding and mudslides in the Colombian city of Mocoa sent torrents of water and debris crashing onto houses in the early hours of Saturday morning, killing 254 people, a quarter of them children, injuring hundreds and sending terrified residents, some in their pajamas, scrambling to evacuate.
“Twice Great Britain offered to return Falklands/Malvinas sovereignty to Argentina, and Argentina frustrated the two opportunities”, and one of those offers involved the government of Margaret Thatcher, revealed diplomat Andrés Cisneros, Argentine deputy foreign minister with Guido Di Tella in the nineties.
President Horacio Cartes fired Paraguay’s interior minister and chief of police on Saturday following the death of a young opposition party leader and violent overnight clashes sparked by a secret Senate vote for a constitutional amendment to allow presidential re-election.