Stories for November 8th 2017

Wednesday, November 8th 2017 - 10:14 UTC
Temer insists social security reform bill will pass, despite all the opposition

Brazilian president Michel Temer admitted that the social security reform bill may not be put to a vote, but underlined that even if that is the case, the federal government will not be shut down.
Wednesday, November 8th 2017 - 09:59 UTC
An estimated third of the Brazilian population live below the poverty line

A new system implemented by the World Bank to measure the number of people who live below the poverty line has meant that in Brazil the number has risen from 8.9 million to 45.5 million, which is almost a third of the population.
Wednesday, November 8th 2017 - 09:19 UTC
Democracy, Armed forces and Police, the most trusted institutions in Uruguay

Support for democracy in Uruguay reached 70% this year, two points higher than in 2016, and leads in Latin America in its overall sustained commitment to democracy, according to the latest release from the Latinbarometer report.
Wednesday, November 8th 2017 - 08:00 UTC
Piñera can be only defeated with a strong voter turnout, admit his opponents

The frontrunner for Chile’s presidency, billionaire businessman Sebastian Piñera, faces an array of left-wing parties in this year’s elections but he can expect help from one quarter - low turnout.
Wednesday, November 8th 2017 - 07:35 UTC
Finnish company sets out conditions for the building of a second pulp mill in Uruguay

Finland's UPM and the Government of Uruguay have signed an investment agreement, which outlines the local prerequisites for a potential pulp mill investment. The agreement details the roles, commitments and time-line for both parties as well as the relevant items to be agreed prior to the final investment decision, reported the Finnish company in a release on Tuesday.
Wednesday, November 8th 2017 - 07:10 UTC
Gendarmerie report says Nisman was beaten and drugged by two attackers who then staged his suicide

A new report summarizing the findings of an Argentina police probe into the mysterious death of Alberto Nisman, who accused Argentina's government of covering up Iranian involvement in the bombing of a Jewish community center in 1994, has determined that the prosecutor was murdered.
Wednesday, November 8th 2017 - 05:17 UTC
Nidera Seeds, which operates mostly in Latin America, sold to Syngenta

Chinese grains trader COFCO International has agreed to sell its crop seeds business to Swiss-based Syngenta AG as it overhauls its activities following a series of major overseas acquisitions The deal to sell Nidera Seeds, which operates in Latin America, was announced by COFCO International and Syngenta in a statement on Monday.
Wednesday, November 8th 2017 - 05:06 UTC
Mexico strikes its biggest onshore oil discovery in 15 years; production should begin in 2019

Mexico’s national oil company Pemex has made its biggest onshore oil discovery in 15 years with a find in the eastern state of Veracruz, President Enrique Peña Nieto announced. Pemex made the discovery by drilling its onshore Ixachi well, near the municipality of Cosamaloapan and the overall field is believed to hold some 350 million barrels of proven, probable and possible reserves.