Stories for January 2018

Thursday, January 25th 2018 - 10:06 UTC
EU leaders warn on nationalism and call for global cooperation ahead of Trump's speech

European leaders warned at the World Economic Forum in Davos on Wednesday against a return to nationalism, with France’s Emmanuel Macron and Germany’s Angela Merkel calling for more global cooperation to harness the forces of globalization.
Thursday, January 25th 2018 - 10:03 UTC
Treasury Secretary tells Davos US welcomes a weakening dollar

The U.S. dollar extended its recent rout to hit three-year lows on Wednesday after U.S. Treasury Secretary Steven Mnuchin said he welcomed a weakening in the dollar. Fears of protectionist trade policies by the United States had already pushed the greenback to a three-year low, and Mnuchin’s remark at the annual Davos summit of business and political leaders pushed it down further.
Thursday, January 25th 2018 - 09:53 UTC
Argentine economy expanded 3.9% in November over a year ago

The economic activity index in Argentina, a proxy for the country's Gross Domestic Product (GDP), rose 3.9% in November from a year before - decelerating from October, when the index posted an annual rise of 5.2%.
Thursday, January 25th 2018 - 09:47 UTC
Macri meets EU leaders in Davos; Argentina sells research reactor to Holland

Argentine president Mauricio Macri held on Wednesday a meeting with the German Chancellor Angela Merkel in the framework of the World Economic Forum in Davos, Switzerland, in which they discussed German investments in Argentina through Private-Public Partnership (PPP).
Thursday, January 25th 2018 - 09:42 UTC
Enap Sipetrol acquires offshore block at the Austral basin, Santa Cruz province

Chile's Enap Sipetrol has acquired an offshore block, Octans Pegaso, on the Argentine continental shelf off the coast of Patagonia province of Santa Cruz. The block covers 886 square kilometers and is 20kms off Santa Cruz coast at its closest point to land. It was purchased from the consortium made up of Total Austral (35%), Wintershall (35%) and ENI (30%).
Thursday, January 25th 2018 - 09:30 UTC
Commercial fishing by-catch exposure controversy in New Zealand

New Zealand's fishing industry has found itself at odds with conservationists over whether or not the public should be allowed to see the realities of commercial fishing. In the waters around New Zealand - as many countries - animals including sea birds, dolphins, penguins and sea lions are routinely ending up in commercial fishing nets along with the intended catch.
Thursday, January 25th 2018 - 09:22 UTC
Shark conservation charities benefit from Trump's confessed phobia

Donald Trump's alleged hatred of sharks has inspired people to financially support international shark charities. The US president's dislike for the marine animal was revealed last week in an In Touch Weekly interview with adult film actress Stormy Daniels.
Thursday, January 25th 2018 - 09:16 UTC
The US tourism industry is suffering from the “Trump slump”

Travel to the US is falling, a decline some in the tourism industry blame on US President Donald Trump. The number of international visitors fell by 4% in the first seven months of 2017, according to the US National Travel & Tourism Office and the trend occurred across all regions, with Africa and the Middle East reporting some of the most dramatic declines.
Thursday, January 25th 2018 - 09:13 UTC
Falklands will cease to accept the old UK £10 note on Monday 30 April 2018

The Bank of England has recently introduced a new, more secure UK £10 banknote. The phasing out of the old UK £10 note will take effect in the Falklands as well.
Thursday, January 25th 2018 - 07:05 UTC
Brazil shares surge as Lula's corruption conviction is confirmed ruling him out his presidential bid

Brazilian assets soared, with the Bovespa surging above 83,000 for the first time ever, and the currency Real surging through 3.20 after three judges in a local appeals court upheld a conviction for corruption imposed last July on ex-President Lula da Silva.