The trade dispute between the United States and China could well expand into other areas given the significant “ammunition” the two countries have, the director-general of the World Trade Organization (WTO) said on Wednesday.
The Brazilian central bank on Wednesday held interest rates at an all-time low despite a currency selloff, as widely anticipated, but said it could “gradually” raise them in the future if inflation expectations spike.
The United States has supplanted Brazil as the European Union's top supplier of soybeans since a deal in July with President Donald Trump to avert a trade war, according to EU data seen by Reuters on Thursday.
Prime Minister Theresa May appealed directly to fellow European Union leaders on Wednesday to drop “unacceptable” Brexit demands that she said could rip Britain apart, urging the bloc to respond in kind to her “serious and workable” plan.
Far-right candidate Jair Bolsonaro gained ground over his rivals in the first round of Brazil’s presidential election set for Oct. 7, a new poll showed on Thursday, though it remains unclear who he will face in an expected run-off vote on Oct. 28.
On September 18th, leaders of the two Koreas have met in Pyongyang, North Korea, for the third meeting for inter-Korean reconciliation. With the international attention focused on the movements of the two leaders, families from around the world expecting the peaceful reunification of the Korean peninsula, further world peace attended a peace festival held in South Korea.
Negotiations continue with service providers for the Premier Oil-operated Sea Lion development in the offshore North Falkland basin. According to partner Rockhopper Exploration, Phase 1 will develop around 220 MMbbl in license PL032 and a further 300 MMbbl from the license’s remaining resources under Phase 2.
Argentina's economy contracted sharply in the second quarter after a severe drought roiled agricultural production and as the country works with the International Monetary Fund to stem spiraling inflation and control government finances.