Stories for October 2018

Friday, October 12th 2018 - 09:05 UTC
Bolsonaro pledges support for a non ideologized Mercosur; praises Macri for ousting Dilma Kirchner

Brazil’s far-right presidential candidate Jair Bolsonaro has promised to continue his country's participation in the Mercosur trading bloc but says he will move it away from “ideology”.“The Mercosur has value but it was disfigured by the PT (Brazil's Workers' Party)”, Bolsonaro said at a press conference in Rio de Janeiro on Thursday. “I won’t abandon the Mercosur but it won’t continue to be guided by ideology”, he added.
Friday, October 12th 2018 - 09:05 UTC
Chile wants lithium traded on the London Metals Exchange

Chile has called for lithium to be traded on the London Metals Exchange to provide greater “clarity” about its value, mining minister Baldo Prokurica said. At present, lithium producers negotiate contracts with buyers but the terms of the deals are not made public. Critics say this lack of clarity has a chilling effect on potential new investment in the market since the metal’s value cannot be precisely measured.
Friday, October 12th 2018 - 08:54 UTC
Brazilian presidential candidates call for an end to politically motivated violence

The two presidential candidates who will square off in Brazil's runoff this month are calling for an end to politically motivated violence. Numerous cases of violence were reported in the week before the first round of voting on Sunday and have been ongoing since then. The second round of voting is scheduled Oct. 28.
Friday, October 12th 2018 - 08:54 UTC
Volatile session in US markets with indexes continuing the several sessions slide

Wall Street indexes continued their slide in Thursday’s volatile session as investors worried about rising interest rates and braced for a trade war hit to corporate earnings a day ahead of the quarterly reporting season kickoff.
Friday, October 12th 2018 - 08:47 UTC
International condemnation of Venezuelan government over suspicious death of elected councilor

Questions and condemnation of Venezuela's leadership poured in this week following the suspicious death of an opposition councilman and activist who authorities say evaded justice by throwing himself from the 10th floor of political police headquarters' building.
Friday, October 12th 2018 - 08:43 UTC
Despite poor weather Argentina expects a 2018/19 wheat crop of 19 million tons

Frost and a lack of rain could scale back Argentina's wheat crop for the 2018-19 season, which is currently seen at a record 19.7 million tons, the Buenos Aires Grains Exchange said on Thursday.
Friday, October 12th 2018 - 08:38 UTC
A no-deal Brexit a “disaster” for Spain's tourism industry

A no-deal Brexit would be “a disaster” for Spain, the country’s UK tourism chief has warned. Javier Pinanes, director of Spain’s tourist office in London, acknowledged that travel disruption caused by the UK and the European Union failing to negotiate an agreement would be “a really big problem”.
Friday, October 12th 2018 - 08:29 UTC
UK cabinet ministers concerned about potential compromises with EU over Brexit

UK government cabinet ministers raised concerns about potential compromises with the EU over Brexit at a No 10 meeting on Thursday. According to London media reports Liam Fox, Michael Gove and Dominic Raab expressed concern the whole of the UK could remain in the customs union for an open-ended period.
Friday, October 12th 2018 - 06:54 UTC
Cristina Fernandez lawmaker son Maximo has to appear in court on 23 October

The son of Argentine ex president Cristina Fernandez, Máximo Kirchner will appear later this month in court to testify in the so-called “notebooks of corruption” investigation, after Federal Judge Claudio Bonadio summoned the national congressman.
Friday, October 12th 2018 - 02:04 UTC
Falklands’ government and fishing industry seek support in Galicia

A delegation from the Falkland Islands government was last week in Vigo, Spain to support Falklands Fishing Company Association (FIFCA) members attending the Conxemar Seafood Exhibition and to reinforce the Falkland Islands case during Brexit negotiations.