Stories for August 22nd 2018

Wednesday, August 22nd 2018 - 09:00 UTC
Venezuelan businesses shut down shops to protest last monetary measures

Venezuela's streets were quieter than normal on Tuesday, as a currency devaluation and package of economic measures by populist president Nicolas Maduro went into effect, and the opposition asked storekeepers to shut up shop in protest. Venezuela on Monday cut five zeros from prices and pegged the country’s currency to an obscure state-backed cryptocurrency, as part of a broad set of measures meant to address hyperinflation and an economic crisis.
Wednesday, August 22nd 2018 - 08:59 UTC
Jeremy Corbyn’s blunder may be the straw that breaks the camel’s back

It sounds like a tempest in a teapot, but it could bring down Jeremy Corbyn, the leader of Britain’s Labour Party — and that could end up meaning that Britain doesn’t leave the European Union after all.
Wednesday, August 22nd 2018 - 08:49 UTC
Oil price war to begin: Saudi Arabia and Iran reignites the market

The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil.
Wednesday, August 22nd 2018 - 08:40 UTC
Brazil's Real plunges past four to the US dollar, first time since March 2016

Most emerging market currencies worldwide rallied on Tuesday after U.S. President Donald Trump criticized the head of the Federal Reserve for raising interest rates, while Brazil's Real fell to its lowest in more than two years on political concerns.
Wednesday, August 22nd 2018 - 08:38 UTC
Measles cases hit record high in the European Region

Over 41 000 children and adults in the WHO European Region have been infected with measles in the first 6 months of 2018. The total number for this period far exceeds the 12-month totals reported for every other year this decade.
Wednesday, August 22nd 2018 - 08:30 UTC
Patagonian toothfish sampling project in Argentina/Uruguay Common Fishing Zone

A genetic exploration and sampling project of the Patagonian toothfish in the Argentine-Uruguayan Common Fishing Zone (ZCPAU).has been launched. The project, developed by the company Argenova with its longliner Argenova XIV is being done with the participation of scientists from Argentina's National Institue of Fisheries Research and Development (INIDEP) and with the Estremar company.
Wednesday, August 22nd 2018 - 06:59 UTC
OAS Observation Mission Visits Brazil ahead of October elections

The Chief of the Electoral Observation Mission of the Organization of American States (EOM/OAS) to the October 7 general elections in Brazil, the former President of Costa Rica Laura Chinchilla, arrived in Brasilia to learn about the advances made in the organization of the election. This is the first time that the OAS has observed an electoral process in Brazil.
Wednesday, August 22nd 2018 - 06:43 UTC
Argentines turnout to the streets to demand end to corruption and Cristina Fernandez immunity

A massive demonstration concentrated in front of Argentina's congress in down town Buenos Aires to demand the removal of ex president and now Senator Cristina Fernandez immunities and the approval of a “dominium extinction” which would force “corrupt politicians” to return stolen money and assets.
Wednesday, August 22nd 2018 - 06:31 UTC
Cristina Fernandez anticipates a Senate vote and agrees to have her properties searched

Former Argentine President Cristina Fernandez agreed on Tuesday to allow investigators to search properties belonging to her as part of a corruption case in which construction company executives have said they paid bribes for government contracts.