Stories for April 2019

Friday, April 12th 2019 - 17:32 UTC
A leading Brazilian coffee exporter files for bankruptcy, hoping to restructure a debt of US$ 282 million

Terra Forte, one of the largest Brazilian coffee exporters, has filed for bankruptcy protection in a Sao Paulo state court, lawyers for the company said. Law firm Freire, Assis, Sakamoto e Violante said Terra Forte was looking to restructure 1.1 billion reais (US$ 288.2 million) in debt.
Friday, April 12th 2019 - 12:09 UTC
US accuses Assange of conspiracy to commit computer intrusion

British police dragged WikiLeaks founder Julian Assange out of Ecuador’s embassy on Thursday after his seven-year asylum was revoked for his extradition to the United States for one of the biggest ever leaks of classified information.
Friday, April 12th 2019 - 10:10 UTC
May defends the Brexit delay in Parliament, but Euro-skeptics call for her resignation

British Prime Minister Theresa May defended her decision to delay Brexit and seek a compromise exit plan with the opposition Labour Party as one angry lawmaker from her own party stood up in parliament on Thursday and asked her to resign.
Friday, April 12th 2019 - 10:04 UTC
Bank of England sees a “window of time” to forge a Brexit consensus

British politicians could now take some time to find a way forward on Brexit, Bank of England Governor Mark Carney said on Thursday, after Prime Minister Theresa May agreed on a delay of up to six months before leaving the European Union.
Friday, April 12th 2019 - 09:49 UTC
IMF: “foolish” for Argentine presidential candidates to abandon the program

Argentina’s economic reform program is beginning to show results, so it would “foolish” for presidential candidates to abandon the program, International Monetary Fund chief Christine Lagarde said Thursday.
Friday, April 12th 2019 - 09:48 UTC
Venezuela ships a million barrels of oil to Cuba despite US sanctions

Venezuela's state-run PDVSA has shipped one million barrels of oil to Cuba days after the United States imposed fresh sanctions on vessels and firms involved in exports to the island in an effort to halt oil trade between the political allies, according to a PDVSA document and tanker tracking data.
Friday, April 12th 2019 - 09:47 UTC
Falklands' court fines Argentine lawyer for attempting to export live round as “historic souvenir”

Daniel Sebastian Ujhelly, an Argentine lawyer who had come to the Falkland Islands to take part in the Stanley Marathon was fined £650 in the Summary Court on Friday and ordered to pay £150 prosecution costs, after having pleaded guilty to an offence under the Fire Arms and Ammunition Ordinance 1987, reports this week's edition of the Penguin News.
Friday, April 12th 2019 - 09:45 UTC
Brazil's lower house speaker forecasts pension reform will be approved by next June

Brazil’s pension reform process will pick up momentum after the Easter holidays, staying on track for approval in the lower house in May or June, the lower house speaker Rodrigo Maia said on Thursday.
Friday, April 12th 2019 - 09:32 UTC
World Press Photo Award for a photo that made history and changed policy

The haunting image of a little girl crying helplessly as she and her mother are taken into custody by US border officials on Thursday won the prestigious World Press Photo Award.
Friday, April 12th 2019 - 09:28 UTC
IMF's Lagarde glad a chaotic Brexit was avoided but warns about a prolonged uncertainty impact

Further uncertainty over Brexit will hinder growth in the UK economy, the head of IMF has told the BBC. Speaking ahead of the agreement of an extension to Article 50, Christine Lagarde warned that businesses and investors will remain hesitant in the coming months. She said any prolonged uncertainty would have a “negative impact”.