Stories for 2018

Thursday, January 4th 2018 - 09:18 UTC
Petrobras agrees to pay US$ 2.95bn to settle class action suit in New York

Petrobras has agreed to pay US$2.95 billion to settle a class action suit in New York brought on behalf of investors harmed by a huge corruption scandal at the Brazilian state oil giant, the company said on Wednesday.
Thursday, January 4th 2018 - 08:05 UTC
UK farmers growing concern about a post Brexit scenario

Post-Brexit trade deals could pose the biggest peacetime threat to the UK's food security if welfare standards and farmers are not protected, MPs say. Imports of food produced with lower welfare standards should not be allowed, the All-Party Parliamentary Group on Agro-ecology warns.
Thursday, January 4th 2018 - 06:08 UTC
Bannon “has lost him mind” lashes out Trump about his former election strategist

United States president Donald Trump responded personally to his former chief strategist Steve Bannon’s comments about his family members Jared Kushner and Donald Trump Jr. The statement was released to reporters by press secretary Sarah Sanders prior to the White House Wednesday press briefing.
Thursday, January 4th 2018 - 05:38 UTC
China announces it will begin “a greater push” to conquer trade in the hemisphere

In a Spanish-language opinion piece in one of the nation’s largest newspapers, Chinese Ambassador to Argentina Yang Wanming urged Latin American nations to increase trade ties to China, promoting Beijing’s “One Belt One Road” project and warning Beijing will begin a “greater push” to conquer trade in the hemisphere.
Wednesday, January 3rd 2018 - 18:17 UTC
Russian navy's “Yantar”, oceanographic or state of the art “spy vessel”?

The Russian navy is very proud of its new spy ship, the Yantar, which is now doing Argentina a favor by helping to search for a missing submarine, ARA San Juan, which disappeared on 15 November in the South Atlantic.
Wednesday, January 3rd 2018 - 10:37 UTC
Heathrow aggressive program to make the airport cleaner and quieter

Environmental charges at Heathrow are set to increase by 7% as the airport seeks to minimize its impact on local communities. From 1st January 2018, airlines are being incentivized to deploy their newest aircraft at Heathrow – making the airport cleaner and quieter for local communities.
Wednesday, January 3rd 2018 - 10:33 UTC
Private operators take over Brazil's Fortaleza and Porto Alegre airports

Fraport Brasil (a wholly-owned subsidiary of Fraport AG) started operations at Fortaleza’s Pinto Martins International Airport (FOR) and Porto Alegre’s Salgado Filho International Airport (POA).
Wednesday, January 3rd 2018 - 10:29 UTC
EU and Chile discussions to renew association agreement

The European Union and Chile have started negotiations in Brussels for the renewal of the Association Agreement. The first round was held in November and the Commission subsequently launched a consultation aimed at the sectors affected in order to find out their opinions on the issue. This process is planned to conclude on 19 February.
Wednesday, January 3rd 2018 - 10:19 UTC
Lack of rainfall in Buenos Aires province affecting soy planting and prices

Argentina's bread-basket province of Buenos Aires will remain mostly dry over the days ahead, meteorologists said on Tuesday, after reporting scant rains over the weekend in the country's biggest and most productive farm area.
Wednesday, January 3rd 2018 - 10:12 UTC
Brazil finished 2017 with a record trade surplus of US$ 67bn

Brazil's road to economic recovery has passed another milestone with official data showing on Tuesday that the country finished 2017 with a record trade surplus 40.5% higher than in the previous year. The US$67 billion surplus was in line with market projections and within the US$65/70bn range forecast by the government.