Stories for September 2018

Friday, September 21st 2018 - 09:23 UTC
Bolsonaro undergoes further surgery to drain liquid from abdomen

Brazilian extreme right presidential candidate Jain Bolsonaro, who was stabbed during a political rally over a week ago and has since been under intensive care in the Albert Einstein hospital in Sao Paulo, had to undergo another emergency invasive intervention following high fever and accumulation of liquid in his abdomen.
Friday, September 21st 2018 - 09:17 UTC
Ascension Island runway resurfacing works will go ahead, confirms MoD

A spokesperson for British Forces South Atlantic Islands has dismissed stories that plans to refurbish Ascension Island runway are not to go ahead. The spokesperson told Penguin News on Thursday: “The commercial process is ongoing for the runway resurfacing works at Ascension which is led by the United States.
Friday, September 21st 2018 - 09:03 UTC
Falklands could allow floating hotels for oil industry workers

An outline planning application submitted to the Falkland Islands Government, FIG, is seeking approval in principle for the siting of a floating accommodation barge in Stanley Harbor.
Friday, September 21st 2018 - 08:55 UTC
Dead end for Brexit/Salzburg discussions; October “moment of truth” for an agreement

Theresa May's proposed new economic partnership with the EU “will not work”, the head of the European Council has said. Speaking at the end for an EU summit in Salzburg where leaders of the 27 remaining member states discussed Brexit, Donald Tusk said the plans risked undermining the EU's single market.
Friday, September 21st 2018 - 08:51 UTC
Spain confident of an agreement on Gibraltar by October, says PM Sanchez

The Spanish Government hopes to reach agreement on Gibraltar’s post-Brexit relations with Spain and the EU by October against the backdrop of the UK’s wider withdrawal negotiations, Spanish Prime Minister Pedro Sanchez said on Thursday.
Friday, September 21st 2018 - 08:47 UTC
Argentine Peso at an equilibrium point, says head of Central bank

Argentina’s central bank now sees the Peso at an equilibrium level, chief Luis Caputo told market participants who attended a meeting with him on Thursday. The statement comes after two days of strengthening by the peso following a rout that sent it to a record intra-day low in late August.
Friday, September 21st 2018 - 08:42 UTC
Brazil stocks lower but the Real currency recovered against the US dollar

Brazil stocks were lower after the close on Thursday, as losses in the real estate, industrial and financial sectors sectors led shares lower. At the close in Sao Paulo, the Bovespa index lost 0.01%.
Friday, September 21st 2018 - 08:35 UTC
US/Beijing trade war: China plans to reduce tariff rates on imports next October, reports Bloomberg

China plans to reduce the average tariff rate on imports from most of its trading partners as soon as October, Bloomberg News reported on Thursday. In July, China cut import tariffs on almost 1,500 consumer products ranging from cosmetics to home appliances as part of efforts to open up its economy, the world’s second biggest.
Friday, September 21st 2018 - 08:31 UTC
Argentina/IMF making “important progress” on reforms for loan package, but no specific timeline

Argentina's budget proposal submitted this week is a key element in the reforms needed for a new loan package for the crisis-hit country, an International Monetary Fund spokesman said Thursday.
Friday, September 21st 2018 - 08:24 UTC
Argentine stock market booming with new highs for seventh day running

The Argentine stock market is booming and on Thursday confirmed its seventh day running increase as investors are flocking encouraged by an imminent accord between the president Mauricio Macri administration and the IMF for a new loan package including reforms and a balanced budget in the next 18/24 months.