Stories for August 8th 2017

Tuesday, August 8th 2017 - 20:08 UTC
UK big business lobby calls for a Brexit “transitional, interim or bridging” deal

Britain should consider pushing back the 2019 Brexit deadline as the simplest way to managing all the trade deals and other arrangements for leaving the European Union, business leaders urged on Friday.
Tuesday, August 8th 2017 - 20:00 UTC
Brazilian economy on course to a modest growth (2%) next year

Brazilian Central Bank President Ilan Goldfajn said that Latin America's largest economy remains weak though it is on course to show modest growth next year. In an interview with a São Paulo radio station, he said Brazil may achieve growth of 2% in 2018 if the economy continues expanding at its current pace.
Tuesday, August 8th 2017 - 18:37 UTC
Eggs with finopril scare in Europe: minimum risk in UK say authorities

A very small number of eggs contaminated with a toxic insecticide reached the UK earlier this year. Some of the eggs, which originated from the Netherlands, were also found in France, the country's agricultural ministry said.
Tuesday, August 8th 2017 - 17:46 UTC
Uruguay:British companies and agri-tech experts presented solutions for the agricultural sector.

On 28 July, British agri-tech experts and companies presented their work, products and services to Uruguayan companies and institutions at an event hosted at the British Residence.
Tuesday, August 8th 2017 - 17:28 UTC
Petrobras cuts gasoline prices to regain market share lost to imports

Brazil's Petrobras has reduced prices for the gasoline it sells in Brazil to below parity with the fuel imported from the United States, reducing profit margins to regain market share. The company has sharply reduced the price gap between the value of gasoline sold at its refineries and the spot price in the U.S. Gulf of Mexico since early July, when it announced changes to its pricing to adopt almost daily adjustments, according to fuel market experts.
Tuesday, August 8th 2017 - 17:12 UTC
Brazilian Attorney General describes president Temer as a “thug”

Brazil’s attorney general strongly criticized Congress’ lower house on Monday for voting against putting President Michel Temer on trial for bribery, adding that plea bargains being negotiated could lead to charges of racketeering and obstruction of justice.
Tuesday, August 8th 2017 - 17:05 UTC
Greenspan warns of a bubble in the bond market: low interest rates about to end

Former Federal Reserve Chairman Alan Greenspan issued a bold warning that the bond market is on the cusp of a collapse that also will threaten stock prices. The longtime central bank chief said the prolonged period of low interest rates is about to end and, with it, a bull market in fixed income that has lasted more than three decades.
Tuesday, August 8th 2017 - 16:25 UTC
Gibraltar does not rule out a third sovereignty referendum, if the need arose

The Gibraltar Government would consider holding a third referendum on the issue of sovereignty if the need arose, Chief Minister Fabian Picardo said in an interview with the Gibraltar Chronicle, even as he acknowledged “a change of tone” in Spain’s approach to the Rock.
Tuesday, August 8th 2017 - 16:16 UTC
Lib/Dem will join massive anti/Brexit protest outside Conservative conference in Manchester

Liberal Democrats will abandon political party protocol by joining pro-EU campaigners to protest against Brexit outside this year’s Conservative Party Conference. Activists are planning to stage one of the biggest marches in opposition to Britain leaving the EU when the Tories stage their annual conference in Manchester in October.
Tuesday, August 8th 2017 - 15:41 UTC
Markets (and investors) in Argentina waiting for Sunday primary results

The technical tie for the Senate seat in the province of Buenos Aires is being closely followed by the business community and potential investors in Argentina, fearing that a victory by ex president Cristina Fernandez over the candidate sponsored by president Mauricio Macri, could be interpreted as a longing for the hand-out and subsidies policies of Kirchnerism and rejection of the current economic reforms which have yet to deliver enough jobs and stable prices.