The aftermath of a frigid “bomb cyclone” and polar vortex left much of the northeastern US and Canada frigid on Friday night. Wind chills in one part of the state of New Hampshire were forecast to hit negative 50 degrees Celsius, according to forecasters. New York Times reporters who were sent to Mount Washington in that state said the wind “steals your breath and freezes your eyelashes.”
President Donald Trump legal threat aimed at “Fire and Fury: Inside the Trump White House”” appears to have the effect of making the book an early 2018 hot-selling title. On its first day of release, bookstores in major cities like Washington D.C., New York, and Los Angeles reported selling out of the initial order, and other shops in places like Oxford, Miss., and Shaker Heights, Ohio, also said that buyers quickly snatched up copies of their first batch.
Good and not so good news from Argentina. Merval, the main index of the Buenos Aires Stock Exchange, rose 0.79% to 32,505.59 points on Friday, a new settlement record that marked the 13th consecutive session of gains to the Argentine stock market. Merval had a weekly gain of 7.11%.
Brazilian industrial production rose 0.2% in November from a month before, at the same rate as in September and October, surprising market analysts who expected stability. It was the third monthly increase in a row in the industrial output.
The European Commission and Mercosur are planning to resume negotiations to reach a new Association Agreement during this month. The Commissioner of the European Trade Commission, Cecilia Malmström, stated that, after the last negotiating round, which took place in early December, and after the attempt to reach an agreement in the framework of the last round of the World Trade Organization (WTO), held from 11 to 14 December, the agreement was very close and would be reached in a matter of weeks.