Stories for February 23rd 2018

Friday, February 23rd 2018 - 21:36 UTC
OAS urges Venezuela to reconsider its electoral process

The Organization of American States (OAS) was meeting in Washington on Tuesday from 10:00 AM local time on the subject of Venezuela and “the latest events” that have occurred in the Caribbean country. 19 of the 24 members voted in favor of a resolution calling on Venezuela to postpone the elections scheduled for April.
Friday, February 23rd 2018 - 11:20 UTC
BAS team leaves Falklands to explore Antarctica marine ecosystem hidden for 120.000 years

A team of international scientists led by the British Antarctic Survey set off on Wednesday to explore a mysterious marine ecosystem that has lain hidden under an ice shelf for up to 120,000 years.
Friday, February 23rd 2018 - 09:46 UTC
PM May preparing her “Road to Brexit” following a meeting of “war committee”

British Prime Minister Theresa May will set out “the way forward” for Brexit next week after a meeting with top aides on Thursday intended to resolve differences over strategy that are dividing her team, and frustrating European Union negotiators.
Friday, February 23rd 2018 - 09:35 UTC
UK economy grows at the slowest pace among world's wealthiest countries

The UK economy expanded by less than previously thought in the last three months of 2017, official figures say. GDP grew by 0.4% in the October-to-December period, the Office for National Statistics (ONS) said, down from the initial estimate of 0.5%. The revision was due to slower growth in production industries, the ONS said.
Friday, February 23rd 2018 - 09:28 UTC
Argentina foils major cocaine ring operating from the Russian embassy in Buenos Aires

An international drug trafficking ring operating out of the Russian Embassy in Buenos Aires was dismantled and several arrests made, Argentine police announced on Thursday.
Friday, February 23rd 2018 - 09:21 UTC
Mexico buying more Brazilian corn over concern with NAFTA negotiations

Mexican buyers imported ten times more corn from Brazil last year amid concern that NAFTA renegotiations could disrupt their U.S. supplies, according to government data and top grains merchants. Mexico is on track to buy more Brazilian corn in 2018, which would hurt a U.S. agricultural sector already struggling with low grains prices and the rising competitive threat from South America.
Friday, February 23rd 2018 - 09:13 UTC
Argentine farmers agree to pay royalties to seed companies like Monsanto

Argentine farmers have agreed to pay perpetual royalties when they replant genetically modified seeds made by companies like Monsanto Co, a deal that could allow farmers access to the newest biotechnology.
Friday, February 23rd 2018 - 09:05 UTC
US adds more import duties on biodiesel from Argentina

The U.S. Commerce Department piled on more import duties on biodiesel from Argentina and Indonesia, adding anti-dumping duties of 60.44% to 276.65% to already steep anti-subsidy duties on the fuels.
Friday, February 23rd 2018 - 09:00 UTC
Takata faulty airbag manufacturer reaches settlement in US

The US arm of Japanese manufacturer Takata has reached a settlement with 44 US state attorneys-general into claims it concealed dangerous defects in its exploding airbags. The faulty airbags have been linked to at least a dozen deaths and more than 100 injuries worldwide. The settlement includes a civil penalty of about US$650m.
Friday, February 23rd 2018 - 08:45 UTC
Trump promises background checks on gun owners and floats idea of armed teachers

President Donald Trump floated the idea of arming teachers and promised more stringent background checks on gun owners as he hosted an emotional meeting on Wednesday with students who survived last week’s mass shooting at a Florida school.