Stories for November 27th 2018

Tuesday, November 27th 2018 - 08:59 UTC
US and Argentina ready to sign a two-way fresh beef deal

Argentina is on the verge of signing a deal with the United States that would allow two-way trade of fresh beef for the first time in nearly two decades, the country's international trade secretary, Marisa Bircher, said. The agreement, expected to be signed within days, would simultaneously open beef imports to both countries, Bircher told Reuters in an interview.
Tuesday, November 27th 2018 - 08:51 UTC
Trump downplays a trade deal with China ahead of Saturday's meeting with Xi in Buenos Aires

United States president Donald Trump and Chinese leader Xi Jinping will meet on Saturday in Argentina on the sidelines of a Group of 20 summit in Buenos Aires, a U.S. media outlet reported on Monday. The two leaders will meet a day after the United States, Mexico and Canada sign a new trilateral trade agreement, the online edition of Inside U.S. Trade said.
Tuesday, November 27th 2018 - 08:47 UTC
Trump not happy with GM's decision to cut 14.000 jobs and close several plants

President Donald Trump does not like the news that General Motors would close several plants and cut more some 14,000 jobs. Speaking to reporters on the White House lawn on Monday afternoon, Trump said he spoke with CEO Mary Barra and told her he wasn't happy with the decision. “I told her I'm not happy about it,” Trump told reporters.
Tuesday, November 27th 2018 - 08:44 UTC
Italy confirms its high spending budget to “end poverty” and defies EU rules

Italy's government says it will stick to its high-spending budget plans, setting up a potential stand-off with the European Union over its deficit. PM Giuseppe Conte, who held talks with deputies Matteo Salvini and Luigi Di Maio on Monday, said the objectives for 2019 had already been fixed.
Tuesday, November 27th 2018 - 08:33 UTC
Some 50 armed men storm a town and empty two banks in the north of Brazil

A gang of some 50 armed individuals attacked on Sunday night two banks, as well as military and police barracks, in a city in the northeast of Brazil, burning vehicles and causing a shooting that left three suspects dead.
Tuesday, November 27th 2018 - 08:15 UTC
Lula accused of money laundering in dealings with Equatorial Guinea

Brazil's jailed ex-president Lula da Silva's legal troubles mounted on Monday as he was accused by the Sao Paulo public prosecutor's office of money laundering in his dealings with Equatorial Guinea.
Tuesday, November 27th 2018 - 08:03 UTC
Brazil's Minerva and Alibaba agree on five-year beef supply deal to China

Brazilian food company Minerva SA has signed memorandums of understanding with China's Alibaba and another five clients in the world's most populous nation to supply frozen beef for a period of five years.
Tuesday, November 27th 2018 - 05:20 UTC
Oil and chemistry bring big revenues to China

The oil and chemical industries have meant a 712.1 billion yuan (around 103 billion US dollar) profit for the first three quarters of the year for China's treasure, which equals a 45.2 percent increase from the same period of 2017, according to official Ministry of Industry and Information Technology figures released Monday.