MercoPress. South Atlantic News Agency
Stories for January 29th 2019
-
Tuesday, January 29th 2019 - 09:01 UTC
Mrs. May willing to support amendments but insists in no delay for the Brexit withdrawal date
The United Kingdom government will support a backbench amendment to the Brexit deal that calls for the planned Irish backstop to be replaced by “alternative arrangements”. Tory MPs will be told to vote for Sir Graham Brady's proposal when the Commons votes on a series of amendments to Theresa May's plan on Tuesday.
-
Tuesday, January 29th 2019 - 09:00 UTC
EU mocks UK parliament: withdrawal agreement debate was “uninhibited by any knowledge” of what it actually contained
There is a high risk of the UK crashing out of the EU without a deal by accident, the EU's deputy chief negotiator Sabine Weyand has said. She added there was “full ownership of what was agreed” in the EU, but “no ownership” of it in the UK Parliament. And it was a challenge to see how a majority for any deal could be built among MPs, she added.
-
Tuesday, January 29th 2019 - 08:43 UTC
Brazilian government considering management overhaul at miner Vale SA
Brazil’s government weighed pushing for a management overhaul at miner Vale SA on Monday as grief over hundreds feared killed by a dam burst turned into anger, with prosecutors, politicians and victims’ families calling for punishment. By Monday, firefighters in the state of Minas Gerais had confirmed 65 people killed by Friday’s disaster, in which a burst tailings dam sent a torrent of sludge into the miner’s offices and the town of Brumadinho.
-
Tuesday, January 29th 2019 - 08:36 UTC
Vale's market value plunges US$ 16,4bn on Monday, following on the dam burst
Brazilian miner Vale SA’s shares plunged on Monday, wiping out nearly 62 billion reais (US$ 16.4 billion) in market value, after a tailing dam collapse on Friday killed at least 65 people and left 292 missing with slim hopes for recovery. Vale shares were down 21.5% in Sao Paulo morning trading, at 44.70 reais. The company suspended dividend payments late on Sunday.
-
Tuesday, January 29th 2019 - 08:30 UTC
Investors confident of Brazil: Net FDI flows equaled 4.7% of GDP in 2018
Brazil’s current account deficit doubled last year as economic growth fueled demand for foreign goods and services, while foreign investment reached its highest share of GDP since 2001, the central bank said on Monday.
