MercoPress. South Atlantic News Agency
Stories for December 27th 2018
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Thursday, December 27th 2018 - 08:42 UTC
Strong 5% rebound of Wall Street markets on pledge the Fed chief will not be ousted
Wall Street marked its best day in 10 years as stocks rallied back on Wednesday, giving some post-Christmas hope to a market that has otherwise been battered this December. The Dow Jones Industrial Average jumped more than 1,000 points — its biggest point-gain ever — rising nearly 5% as investors returned from a holiday break. The benchmark S&P 500 index also gained 5% and the technology heavy Nasdaq rose 5.8%.
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Thursday, December 27th 2018 - 05:27 UTC
Cuba and Venezuela default on Brazilian development loans
After defaults in Mozambique, Venezuela, and Cuba the Brazilian government froze credit lines for new exports, a measure that will affect mostly small and medium-sized businesses. The Brazilian Treasury Department will spend US$ 6 million to reimburse BNDES (National Bank For Economic and Social Development) for Cuba's default
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Thursday, December 27th 2018 - 05:19 UTC
Natanyahu will not be attending Bolsonaro's inauguration, reports O'Globo
Israel’s Prime Minister Benjamin Netanyahu will cut a visit to Brazil short, skipping incoming President Jair Bolsonaro’s inauguration.
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Thursday, December 27th 2018 - 05:11 UTC
“Harmony of the Seas” crew member lost in the Atlantic; US Coast Guard on the search
The U.S. Coast Guard said on Wednesday it was searching for a British crew member who went overboard from a Royal Caribbean Cruises Ltd cruise ship in the Atlantic Ocean. Arron Hough, 20, went overboard 430 km off the northwest of Puerto Rico on Tuesday, a spokesman for the Coast Guard 7th District revealed in a telephone interview.
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Thursday, December 27th 2018 - 04:58 UTC
Venezuela calls US “interventionist” for backing Guyana's offshore oil exploration
Venezuela’s foreign ministry on Tuesday described as “interventionist and disrespectful” U.S. comments on a weekend incident in which the country’s navy stopped two ships exploring for oil for Exxon Mobil off Guyana’s coast.
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Thursday, December 27th 2018 - 04:22 UTC
Sea Shepherd celebrates Japan will cease whaling around Antarctica
Marine conservationists Sea Shepherd are claiming Japan's decision to abandon whaling around Antarctica as a victory, though their battle will go on with the Asian nation moving to resume hunting elsewhere. On Boxing Day, Japan announced it was leaving the International Whaling Commission so it could resume commercial hunting of the marine mammals in their territorial waters.
