Argentine President Mauricio Macri said the government would provide some debt relief to farmers struggling through what he described as the country’s worst drought in 40 years, which has resulted in dramatic cuts to soybean and corn crop outlooks.
Argentina's Rosario Grains Exchange slashed 14% off its forecast for the country's soy crop on Thursday, saying a drought now in its fourth month would limit the harvest to 40 million tons versus its previous estimate of 46.5 million. Argentina has been suffering dry weather since last November.
British Chancellor Philip Hammond and Foreign Secretary Boris Johnson are scheduled to visit Argentina as part of the G20 ministerial round of meetings in coming weeks, announced UK ambassador Mark Kent following talks on Thursday with foreign minister Jorge Faurie.
Argentina plans to launch its first offshore licensing round in almost three decades this year, as it seeks to widen exploration for longer-term production growth, Energy Minister Juan Jose Aranguren said on Thursday.Round One will be launched in June or July for 240,000 sq km in three zones of the continental shelf, Aranguren said on the sidelines of The Economist's Argentina Summit in Buenos Aires.
Crying, chanting and screaming in anger, thousands gathered in front of the Rio de Janeiro state legislature on Thursday to say goodbye to a black city councilwoman shot in the head four times, a brazen murder that shocked Brazil and raised questions about the effectiveness of a military intervention in the country's second biggest city.
Exchanges of information between the Falkland Islands and Argentina about fish and squid stocks could begin again before the middle of this year, if all parties are in agreement. Director of Natural Resources John Barton said: “Dialogue with Argentina on the conservation of shared marine resources has the potential to allow for better management of shared fish stocks and improve sustainability of such stocks.”
The Falkland Islands Registration Officer is carrying out a yearly canvass with the purpose of updating the Electoral Register. Accordingly this Thursday, 15 March, all households in the Islands should receive a form V “request for information from householders” in the post.
A key aide of Brazil’s President Michel Temer has been indicted on charges of corruption and money-laundering. Senator Romero Juca, one of the major architects of the Temer administration’s reform agenda and an advocate for central bank independence, is being charged with soliciting illegal campaign funding of construction company Odebrecht in return for political favors.
Brazilian President Michel Temer said that he could lift the federal military intervention in Rio de Janeiro state by October to allow for a pension reform vote in Congress.
The Brazilian Superior Electoral Court (TSE) revoked changes introduced to a resolution on election polls. The changes had been criticized by research institutes and associations which believed they could be interpreted as restrictions to the press.