Stories for April 11th 2018

Wednesday, April 11th 2018 - 18:35 UTC
Argentina imports 120.000 tons of soy-beans from United States

Argentina, the world’s third biggest soy producer, booked its largest purchase of U.S. soybeans in 20 years on Tuesday after drought cut its harvest, forcing crushers there to turn to imports. The surprise move pushed Chicago soybean futures to a one-month high, in the latest development to upend global soy trading after top buyer China last week proposed tariffs on U.S. imports amid an intensifying Washington-Beijing trade dispute.
Wednesday, April 11th 2018 - 09:41 UTC
Zuckerberg manages first congressional hearing but many questions remain about Facebook's privacy policy

Facebook chief executive Mark Zuckerberg testified about data privacy on Tuesday in a marathon hearing before the United States Senate Judiciary and Commerce committees. Here are seven takeaways.
Wednesday, April 11th 2018 - 09:39 UTC
Falklands' meat company enters contract to supply defense facilities at MPC/MPA

The Falkland Islands Meat Company - FIMCo - has entered into a supply contract with Ecolog – a key provider for UK Ministry of Defense facilities at MPC/MPA, to provide their high-quality Falkland Islands meats. The contract is for five years, delivering beef, lamb and mutton to the MOD’s and Ecolog’s exacting standards of price, availability and - of course - quality.
Wednesday, April 11th 2018 - 09:21 UTC
Drought will cost Argentina's herd up to a million head

Argentina’s herd will shrink by up to 1 million head of cattle next year as ranchers facing scorched pastures after the worst drought in decades decide to slaughter females rather than grow their herds, analysts said.
Wednesday, April 11th 2018 - 09:11 UTC
March inflation in Brazil almost flat at 0.09%; Selic rate expected to be cut 25 extra points in May

Brazil's monthly inflation rate slowed dramatically to a nine-month low in March, suggesting the central bank may have been too slow to signal another interest rate cut as the data continued to fall short of its inflation target.
Wednesday, April 11th 2018 - 08:57 UTC
The paperwork challenge for British business after Brexit

Diverging from European Union rules after Brexit will mean more costs than benefits for British business, a report by the CBI employers' group says. In a survey of 23 industry sectors, the vast majority preferred continued close alignment with EU regulations.
Wednesday, April 11th 2018 - 08:47 UTC
Brazil Supreme Court delays considering change to a law that could release jailed Lula

A Justice on Brazil's Supreme Court on Tuesday ordered a delay until next week of a debate on changing a law that could, if passed, lead to the imminent release of recently jailed ex-president Luiz Inacio Lula da Silva.
Wednesday, April 11th 2018 - 08:46 UTC
Paraguay: EU election observation mission recommends more transparency in parties financing

The head of the European Union Election Observation Mission (EOM) in Paraguay, Romanian liberal Euro-deputy Renate Weber, insisted on the need for “complete transparency in the financing of political parties and the election campaign” ahead of the general election next April 22
Wednesday, April 11th 2018 - 08:42 UTC
Brazilian stock exchange leads the world in growth in 2018

As Brazil continues to benefit from the return of growth and curbed interest rates and inflation, the São Paulo Stock Exchange has seen an unprecedented growth curve. In addition to achieving historical highs, the Brazilian stock market beat the performance of some of the largest stock exchanges in the planet. This means more people betting on Brazilian companies and the future of the country, according to a report from the Brazilian-American chamber of Commerce.