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Stories for December 6th 2018

• Thursday, December 6th 2018 - 08:45 UTC

  Argentine manufacturing and construction declines during October

  

  Manufacturing in Argentina fell 6.8% in October year on year, while construction declined 3.7%, and in the first ten months of this year 2.5% and 4.9% respectively according to the Indec statistics bureau report. Firms were hit hard by a contraction in economic activity and the devaluation of the Peso against the US dollar.

• Thursday, December 6th 2018 - 08:34 UTC

  French government suspends fuel tax, but protests continued across the country

  

  The French government's decision to suspend fuel tax and utility hikes on Tuesday did little to appease protesters, who called the move a “first step” and vowed to fight on after large-scale rioting in Paris last weekend.

• Thursday, December 6th 2018 - 08:28 UTC

  Mexican president pressing foreign oil companies to show results

  

  Mexico’s newly inaugurated president Andres Manuel Lopez Obrador, AMLO, is turning up the heat on foreign oil companies to show results before he holds new auctions.

• Thursday, December 6th 2018 - 08:24 UTC

  Guyana's tenth oil discovery makes her a future Latin American powerhouse

  

  Thanks to ExxonMobil’s run of success in oil exploration offshore Guyana, the country is on a path to becoming a Latin American powerhouse, Wood Mackenzie said. The super-major announced its tenth Guyana discovery this week, increasing the discovered recoverable resource in its Stabroek Block to more than five billion barrels.