Stories for January 2019

Saturday, January 12th 2019 - 10:39 UTC
Argentina calls on Venezuela and Guyana for a peaceful resolution to the Essequibo controversy

Argentina has called on Venezuela and Guyana to favour dialogue and a peaceful resolution, in conformity with International Law, regarding their territorial controversy over the region of Essequibo.
Saturday, January 12th 2019 - 10:34 UTC
Excessive high-risk premium for Argentine assets, claims Macri official

Investors have placed an excessively high-risk premium on Argentine assets compared to their peers, according to Finance Secretary Santiago Bausili, quoted in a report by Bloomberg. Argentina's country risk rating has been hovering at 7.0 percentage points.
Saturday, January 12th 2019 - 10:28 UTC
Petrobras turmoil: new CEO pushing for renewal of board members

The new chief executive of Brazil’s Petrobras is pushing for the ouster of two of the state-controlled oil company’s board members. Roberto Castello Branco is seeking the resignation of two Petrobras board members, Segen Estefen and Durval Soledade, whose mandates were only supposed to end in 2020.
Saturday, January 12th 2019 - 10:22 UTC
EU multinationals refuse to collaborate with Brazil justice investigating Petrobras corruption

Commodities trader Trafigura has refused a judge's order to hand over the email archives of two former executives in Brazil who are facing corruption charges over accusations they bribed officials at state-run oil firm Petrobras.
Friday, January 11th 2019 - 21:23 UTC
Ascension Island MPA; satellite data suggests conservation success likely

If United Nations goals are met, 10% of the world’s oceans could be marine reserves by 2020, but it has been suggested that many of these reserves will represent protection on paper but not in practice. However, new research trialling remote satellite monitoring of illegal fishing activity in the protected waters of Ascension Island from the Oxford Program of Sustainable Oceans suggests that here at least these “paper park” fears are not fully supported by evidence.
Friday, January 11th 2019 - 21:16 UTC
Mexico's crackdown on fuel theft generates supply shortfalls

Gasoline shortages in Mexico sparked by a crackdown on fuel theft prompted warnings from business leaders that industries like car making will suffer if the shortfalls persist as lines at gas stations in the capital grew during the week.
Friday, January 11th 2019 - 21:10 UTC
UK Transport minister in Chile to boost bilateral trade relations

Jesse Norman MP, the UK Minister of State for Transport, visited Chile last week focusing on strengthening the UK-Chile relations in areas of mutual interest including: Urban transport, ground and underground interconnectivity and electro-mobility.
Friday, January 11th 2019 - 12:43 UTC
Trump campaigns for The Wall, steel or concrete, along the Mexican border

President Donald Trump warned of murderers and gangsters spreading across the country during a visit to the US-Mexican border on Thursday to push his demand for a multi-billion dollar wall. Trump used the backdrop of the Rio Grande border river at McAllen, Texas, to ramp up what has already turned into a hugely messy political fight with Democratic opponents, resulting in the shutdown of swaths of the US government.
Friday, January 11th 2019 - 12:39 UTC
World oceans warming up more rapidly, caution US and Chinese scientists

The world's oceans are heating up at an accelerating pace as global warming threatens a diverse range of marine life and a major food supply for the planet, researchers said on Thursday. The findings in the US journal Science, led by the Chinese Academy of Sciences, debunk previous reports that suggested a so-called pause in global warming in recent years.
Friday, January 11th 2019 - 12:29 UTC
Argentina only recognizes Venezuela's National Assembly; bans entry to Maduro regime top officials

Argentina announced it does not recognize the legitimacy of the mandate initiated on 10 January by Nicolas Maduro, condemns the breakdown of constitutional order and rule of the law, and ratifies full recognition of the National Assembly as the only democratically elected branch of government in Venezuela.