Stories for February 2019

Monday, February 18th 2019 - 09:29 UTC
Macri and business delegation in India for trade, investment and cooperation promotion

New Delhi and Buenos Aires are expected to sign up to eight agreements during President Mauricio Macri’s three-day state visit to India to promote trade, investment and cooperation in several fields including defense, Argentine ambassador Daniel Chuburu said. Macri is accompanied by several ministers, members of Congress and a hundred business leaders.
Monday, February 18th 2019 - 09:26 UTC
Petrobras settling financial disputes: agrees to pay petroleum regulator US$ 940m

Brazil state-run oil firm Petrobras said it had concluded a long-running dispute with the country’s ANP petroleum regulator, agreeing to pay 3.5 billion reais (US$ 940 million) to end an oil-royalty spat.
Monday, February 18th 2019 - 09:18 UTC
Brazilian soy crop estimate suffers small cut but corn is booming

Brazilian agribusiness consultancy Safras & Mercado announced a small cut in its projection for the country’s 2018/2019 soybean crop in a statement on Friday, as weather stopped worsening in key growing regions. Safras cut its projection to 115.402 million tons from a 115.718 million-toe forecast in January, as the effects of a drought that has stressed fields subsided.
Monday, February 18th 2019 - 09:00 UTC
Princess Cruises expands her fleet

In an industry-first, events took place at Fincantieri shipyard in Monfalcone, Italy, to mark the construction progress for each of the 3,660-guest Sky Princess, Enchanted Princess and a sixth Royal-class ship yet to be named. For Sky Princess, which will launch in October this year, a Madrina ceremony was held.
Monday, February 18th 2019 - 08:57 UTC
UK Government guarantees EU funding programs in Gibraltar

In November, the European Union and the United Kingdom concluded the terms of an agreement for the orderly departure of the UK from the European Union. Gibraltar was part of that agreement. The Withdrawal Agreement includes a transitional phase until the end of 2020, which also covers Gibraltar.
Monday, February 18th 2019 - 08:50 UTC
Another Vale tailings dam in Brazil in collapse danger: 200 residents evacuated

Around 200 residents were evacuated from an area near a tailings dam in Brazil operated by Vale SA late on Saturday, amid fears that it was structurally weak and could burst like a similar barrier failure last month that killed some 300 people.
Saturday, February 16th 2019 - 16:36 UTC
US Air Force plane takes off with help for Venezuela

A C-17 cargo plane of the United States Air Force took off Saturday from the Homestead Air Force Base, in Florida, with the Venezuelan-Colombian border as the destination. The aircraft is one of three that will transport 250 tons of food, hygiene kits and nutritional supplements, a congressional aide to the US Congress told the Associated Press (AP).
Saturday, February 16th 2019 - 11:30 UTC
China/US trade talks break down; Washington warns “very difficult issues” remain unresolved

Trade talks between the US and China have broken up without a deal, with the US warning that “very difficult issues” remain unresolved. The talks in China this week were aimed at securing a new deal before further US tariffs are imposed on 1 March. China said negotiations would now continue in the US next week.
Saturday, February 16th 2019 - 11:12 UTC
Brexit “has raised tensions again and brought back a lot of the rhetoric of the past” warns ex Irish premier

Brexit has “raised tensions” on the island of Ireland and “complicated” progress towards a lasting peace, one of the authors of the Good Friday Agreement (GFA) has told MPs. The former premier of the Republic of Ireland, Bertie Ahern, said people were worried that a no-deal UK withdrawal from the EU would be the start of a “slippery slope” to a hard border, with checkpoints and troops.
Saturday, February 16th 2019 - 11:10 UTC
Brexit has cost UK economy some £80 billion since the 2016 vote, says BoE policymaker

Brexit has cost the British economy at least £80 billion since the referendum and the shock of a no-deal divorce could see interest rates slashed, according to a Bank of England policymaker. Gertjan Vlieghe, an external member of the central bank’s Monetary Policy Committee, said that, since the June 2016 vote, 2% has been shaved off GDP.