MercoPress. South Atlantic News Agency
Stories for September 1st 2018
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Saturday, September 1st 2018 - 09:27 UTC
S&P places Argentina credit ratings under review
S&P said on Friday it may lower Argentina's long-term foreign currency rating from its current B+ grade, which is four notches below investment grade -- and on par with Turkey, Greece and Fiji. The ratings company cited the risk of worsening creditworthiness and exchange rate volatility as potential threats to the economic adjustment measures undertaken by Mauricio Macri’s administration.
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Saturday, September 1st 2018 - 08:00 UTC
Mercosur expecting a “move” from the EU at this month's negotiations in Montevideo
Brazil's Foreign Minister Aloysio Nunes said he expects more “movement” from the European Union as long running talks on a free trade deal with his South American bloc Mercosur head into the home stretch.
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Saturday, September 1st 2018 - 07:46 UTC
IMF strong support helps stabilize Argentine Peso; Macri preparing new economic package
Argentina’s beleaguered peso stabilized on Friday as the central bank said it would auction a large amount of dollar reserves, and the International Monetary Fund (IMF) issued a strong statement of support for President Mauricio Macri’s government.
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Saturday, September 1st 2018 - 07:36 UTC
Lula barred from running in October elections; Haddad will lead the PT slate
Brazil's top electoral court, TSE, on early Saturday ended the political comeback plans of former president Lula da Silva, barring him from running in elections in October. Lula is in prison having been sentenced to twelve years for corruption last April.
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Saturday, September 1st 2018 - 07:03 UTC
UK Pavilion at Uruguay's main agro show; Falklands with a promotion stand
The British Embassy will be part of Uruguay’s most important agricultural event, focused on business, culture, education, food and entertainment, as well as promoting the Falkland Islands. For the fifth consecutive year, the British Embassy in Montevideo takes part in Expo Prado, with a renewed pavilion that invites visitors to explore London’s Underground.
