Stories for 2018

Tuesday, July 10th 2018 - 07:08 UTC
Brazilian truckers strike had a strong impact on June inflation

Product shortages due to a truckers' strike lifted Brazil's inflation rate near the midpoint of the official target range in June, underlining the deep impact of the nationwide protests. Consumer prices tracked by the benchmark IPCA index rose 4.39% in the 12 months through June, government statistics agency IBGE said.
Tuesday, July 10th 2018 - 06:38 UTC
May reshuffles cabinet and warns that a divided Tory party could lead to a Corbyn government

Theresa May will chair her new-look cabinet on Tuesday morning after a string of resignations over her Brexit strategy left her government in crisis. Mrs. May was forced to carry out a reshuffle of her top team after Boris Johnson and David Davis both quit.
Monday, July 9th 2018 - 08:31 UTC
Chinese home insulation blamed for gas emissions damaging the ozone layer

Cut-price Chinese home insulation is being blamed for a massive rise in emissions of a gas, highly damaging to the Earth's protective ozone layer. The Environmental Investigations Agency (EIA) found widespread use of CFC-11 in China, even though the chemical was fully banned back in 2010.
Monday, July 9th 2018 - 08:20 UTC
UK woman dies after exposed to never agent Novichok; her partner in critical condition

UK police have launched a murder inquiry after a woman who was exposed to the nerve agent novichok died in hospital on Sunday evening. Mother-of-three Dawn Sturgess, 44, died at Salisbury District Hospital, Scotland Yard said.
Monday, July 9th 2018 - 08:11 UTC
Rhino poachers end up eaten by a pride of lions in South African game reserve

A shoe is all that is left of one of the poachers who broke into a South African game reserve to hunt rhinos, and ended up eaten by a pride of lions. At least three hunters are believed to have been devoured by the predators at the Sibuya Game Reserve near Kenton-on-Sea in Eastern Province, South Africa, earlier this week.
Monday, July 9th 2018 - 07:43 UTC
Argentina's austere Independence Day celebration in Tucuman, with no military parade

President Mauricio Macri and his cabinet will be celebrating Argentina's Independence Day, Monday 9 July at the Historic House in the northern province of Tucuman, where the declaration was first announced 202 years ago. Contrary to other years there will be no military parade in Tucuman or Buenos Aires, allegedly as a consequence of the strict austerity measures imposed by the Macri administration.
Monday, July 9th 2018 - 07:34 UTC
Falklands' oil industry on the move as Sea Lion project financing has a pathfinder bank

Rockhopper Exploration says Standard Chartered Bank will serve as Pathfinder Bank for the proposed senior debt project financing of the Premier Oil-operated Phase 1 development of the Sea Lion project offshore the Falkland Islands.
Monday, July 9th 2018 - 07:24 UTC
Lula loses another legal battle: appeals court blocks his release from jail

The chief justice of a Brazilian appeals court blocked another judge’s efforts to release imprisoned former president Luiz Inacio Lula da Silva on Sunday, in a legal battle over the country’s most popular politician ahead of an October election.
Monday, July 9th 2018 - 07:08 UTC
“Argentina on the rocky road to recession”, anticipates The Economist

On a residential street corner in Buenos Aires, Van Koning Market sells imported beers to the city’s well-heeled. Since it opened in June last year costs have soared. The peso has plummeted, meaning wholesale prices have shot up. Inflation is running at 26%; the reduction of government subsidies means the monthly electricity bill has risen from 700 pesos to 4,000 pesos (US$ 142).
Monday, July 9th 2018 - 06:46 UTC
Brexit team resigns over Chequers' 'soft' plan: decisive debate this Monday in Parliament

Brexit Secretary David Davis has resigned from the UK government. His resignation comes days after Theresa May secured the cabinet's backing for her Brexit plan despite claims from critics that it was “soft”. Mr. Davis was appointed to the post in 2016 and was responsible for negotiating the UK's EU withdrawal. Junior minister S.Baker quit shortly after Mr. Davis - as Mrs. May prepares to face MPs and peers this Monday.