Ushuaia in the extreme south of Argentina is experiencing one of the busiest weeks of the current cruise season with six vessels and thousands of visitors calling at the capital of Tierra del Fuego. This includes the Emerald Princess, which is the largest to visit the End of the World city and will be completing its third call this season.
The Brazilian unit of ArcelorMittal expects to conclude in the second quarter the takeover of rival Votorantim Siderurgia SA to become the country’s largest long steel producer, a senior company executive said. Jefferson de Paula, ArcelorMittal executive vice president, said that ArcelorMittal’s long steel capacity in Brazil would reach up to 6 million tons per year after the tie-up.
A state of the art jetty which will improve military capability in the Falkland Islands and improve life for personnel on the Islands has been completed by Defence Infrastructure Organisation (DIO). Work to upgrade the jetty in Mare Harbour was officially opened recently by Geoff Robson, DIO’s Chief Operating Officer.
Among the many possible contenders for Brazil’s next president are an ex-army captain, a TV presenter and a former head of state who may be in jail by the time of the election. Now, another eye-catching candidate has thrown his hat into the ring: Fernando Collor de Mello, Brazil’s president from 1990-1992, when he resigned shortly before being impeached on corruption charges.
China’s support for Venezuela has benefited ordinary people and been broadly welcomed, the foreign ministry said after the U.S. Treasury accused China of aiding Venezuelan President Nicolas Maduro’s government with murky oil-for-loan investments.
Brazil’s central bank cut its benchmark interest rate on Wednesday to a new low of 6.75%, but hinted it was now done with a historic easing cycle. The bank lowered the Selic rate by 0.25 percentage point, its 11th consecutive cut aimed at helping Latin America’s largest economy emerge from a stifling two-year recession.
The Falkland Islands government and the Ministry of Defense have agreed to address the challenge of rotor winds, which have become a serious problem for the operations at the Mount Pleasant Complex.
Mexico believes it can conclude a new free-trade agreement with the European Union before the end of February, Mexican officials have said. The EU and Mexico intend to update a trade deal agreed 21 years ago that largely covers industrial goods. They want to add farm products, more services, investment and government procurement, and include provisions on labor standards and environmental protection.
The Galician company which owns the “Playa Pesmar Uno” arrested last Sunday by the Argentine Coast Guard allegedly for illegal fishing in the South Atlantic, admits the trawler could have involuntarily sailed into the EEZ, because one of the three GPS on board was malfunctioning.
At least 8,000 Venezuelans cross the border between Colombia and Venezuela daily to the department of Arauca, southeast of Colombia. Although the migratory flow at this point does not compare with the thirty or forty thousand Venezuelans who cross the Simón Bolívar bridge between Santander and Táchira every day, in Arauca the majority of migrants arrive in conditions of extreme vulnerability.