MercoPress. South Atlantic News Agency
Stories for January 10th 2019
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Thursday, January 10th 2019 - 08:40 UTC
Jaguar Land Rover is cutting 5.000 jobs from its 40.000 strong UK workforce
Jaguar Land Rover (JLR) will announce on Thursday it is cutting up to 5,000 jobs from its 40,000 strong UK workforce. Management, marketing and administrative roles are expected to be hardest hit, but some production staff may also be affected.
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Thursday, January 10th 2019 - 08:32 UTC
Brazil's soybean crop forecast cut 4.5m tons: hot spell in southern states
Brazil’s 2018/19 soybean crop forecast was cut to 116.9 million tons on Wednesday from 121.4 million tons late in November, said consultancy AgRural, blaming extreme heat and a dry spell in southern areas for the smaller projection.
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Thursday, January 10th 2019 - 08:28 UTC
World Bank lowers Brazil tepid growth estimates both in 2018 and 2019
The World Bank lowered its growth estimates for Brazil both in 2018 and this year. Last June the multilateral organization bi-annual report indicated that Latin America's largest economy would advance 2.4%, but it has now reduced that to 1.2%, one of the greatest falls for any country in the report.
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Thursday, January 10th 2019 - 06:18 UTC
Bolsonaro rejects migration pact: “Brazil is sovereign and decides who comes into our home”
Brazil's president Jair Bolsonaro reaffirmed his rejection of a global migration pact, saying decisions about who was able to come into his country need to be “sovereign.” His comments, posted in a series of messages on his Twitter account, reinforced Bolsonaro's declaration before he took office last week that he was going to pull Brazil out of the migration compact that was endorsed by the UN General Assembly in December.
