Stories for December 1st 2018

Saturday, December 1st 2018 - 22:54 UTC
Corbyn-supportive AMLO sworn in as Mexico's president

Andres Manuel Lopez Obrador has been sworn in as Mexico's new president, after his landslide win in July. The 65-year old AMLO, as he is more commonly referred to, is starting his six-year term with a promise to end corruption, poverty and extreme violence.
Saturday, December 1st 2018 - 22:44 UTC
Mexico, US, Canada sign Buenos Aires treaty to replace NAFTA

The presidents of the United States and of Mexico and Canada's Prime Minister signed Friday in Buenos Aires the new North American trade agreement, known as the United States-Mexico-Canada Agreement (USMCA), which is to replace the NAFTA one.
Saturday, December 1st 2018 - 10:34 UTC
George Bush, the graceful victor of Gorbachev and the Soviet empire has died

George Herbert Walker Bush, the World War II veteran who was elected the 41st president of the United States and fathered the nation's 43rd, died late Friday at the age of 94, his family announced in a statement. The Republican spent decades serving in government before ascending to the nation's highest office, having served as United Nations ambassador, CIA chief and vice president under Ronald Reagan, a towering political figure still venerated by the GOP.
Saturday, December 1st 2018 - 10:29 UTC
Bolsonaro names an Admiral as Mining and Energy minister

President-elect and former army captain, Jair Bolsonaro, has named a Navy admiral as his Mining and Energy minister. The appointment marks the eighth member of the armed forces to Bolsonaro's government and the 20th Minister appointed so far.
Saturday, December 1st 2018 - 10:24 UTC
Brazilian economy accelerates in the third quarter

The Brazilian economy accelerated sharply in the third quarter as record-low interest rates and a one-off government-led boost helped it bounce back from the impact of a nationwide truckers’ strike. Gross domestic product rose 0.8% from the second quarter and 1.4% from the third quarter of 2017, government statistics agency IBGE said on Friday.
Saturday, December 1st 2018 - 10:18 UTC
World AIDS Day 2018, “Know your status”, celebrates 30th anniversary

World AIDS Day 2018 will be commemorated on Saturday December first under the global theme “Know your status”. The occasion also celebrates the 30th anniversary of World AIDS Day, first initiated by WHO in 1988.
Saturday, December 1st 2018 - 09:36 UTC
Science minister resigns over Galileo system: Theresa May's Brexit deal is naive

A UK minister has resigned saying a row over involvement in the EU's Galileo satellite-navigation system exposes Theresa May's Brexit deal as “naive”. The UK had wanted to stay part of Galileo after Brexit, but the EU said it would be banned from the extra-secure elements of the program.
Saturday, December 1st 2018 - 09:24 UTC
Oil prices in November slide 20%, the weakest month in more than ten years

Oil prices edged lower on Friday due to concerns of oversupply and a strong dollar. The two benchmarks, North Sea Brent LCOc1 and U.S. crude CLc1, still have had their weakest month in more than 10 years in November, losing more than 20% as global supply has outstripped demand.
Saturday, December 1st 2018 - 08:56 UTC
Russia and Argentina sign fisheries conservation cooperation accord

Argentina and Russia signed on Friday a fisheries and aquaculture cooperation agreement including elaboration of projects for the conservation and sustainable management of resources, as well certifying export fishing plants.
Saturday, December 1st 2018 - 08:47 UTC
Bolsonaro recommends “prudence” before signing any Mercosur/EU agreement

Brazil's president-elect Jair Bolsonaro said “prudence” was necessary before signing any trade agreement with other nations, in reference to the ongoing negotiations between Mercosur and the European Union.