Stories for May 3rd 2019

Friday, May 3rd 2019 - 21:50 UTC
Penny Mordaunt, the first UK female defense secretary

Penny Mordaunt has become the UK's first female defense secretary after Gavin Williamson was sacked. She was previously international development secretary, in charge of a multi-billion pound annual budget. With a background as a naval reservist, and having served as an armed forces minister under David Cameron, Ms Mordaunt seems well prepared for the role.´
Friday, May 3rd 2019 - 21:19 UTC
IAATO: New Measures to Manage Growth

The International Association of Antarctica Tour Operators (IAATO) closed its annual meeting in Cape Town with multiple new measures in support of its mission for safe, environmentally responsible Antarctic travel, according to a statement.
Friday, May 3rd 2019 - 13:47 UTC
Venezuela will be a central issue of the Lavrov and Pompeo meeting

US Secretary of State Mike Pompeo will hold talks with his Russian counterpart Sergey Lavrov on the sidelines of the Arctic Council meeting, which begins Monday in the city of Rovaniemi. The tension in Venezuela will mark the meeting where
Friday, May 3rd 2019 - 11:46 UTC
Latin American currencies softened against a strong US dollar following the Fed's two days meeting

Latin American currencies softened against a stronger U.S. dollar on Thursday, a day after the U.S. Federal Reserve kept interest rates steady, while most regional stock markets broadly fell along with their global peers.
Friday, May 3rd 2019 - 09:59 UTC
A defiant Maduro appears with the military at an army base in Caracas and calls to defeat coup plotters

Venezuelan President Nicolás Maduro appeared on Thursday flanked by soldiers at an army base in Caracas, in a show of defiance towards his opponents. Maduro called on the armed forces to defeat “any coup plotter”, following two days of clashes between opposition and pro-government forces.
Friday, May 3rd 2019 - 09:55 UTC
“Falklands must be proud of their healthy and vibrant democracy”, says BFSAI commander

Penguin News caught up with the Commander of British Forces for the South Atlantic Islands, Brigadier Nick Sawyer stationed in the Falkland Islands.
Friday, May 3rd 2019 - 09:54 UTC
Pentagon claims China plans to add military bases around the world

The US Defense Department expects China to add military bases around the world to protect its investments in its ambitious One Belt One Road global infrastructure program, according to an official report released on Thursday.
Friday, May 3rd 2019 - 09:17 UTC
Ford agreement with workers for a friendly shutdown of its historic plant in Sao Paulo

Ford Motor Co said it had reached an agreement with the workers’ union at a historic Brazil plant it plans to shutter by the end of the year, paving the way for a friendly shutdown or potential takeover by a local buyer.
Friday, May 3rd 2019 - 09:14 UTC
Chevron completes purchase of controversial Petrobras refinery in Houston

Chevron Corp completed a US$ 350 million purchase of a refinery in the Houston suburb of Pasadena, Texas, from Brazil’s Petrobras, Chevron said in a statement. The sale was agreed to in January, but Chevron put the transfer of the 112,229-barrel-per-day plant’s ownership on hold on April 2, telling Petrobras it had to prove the refinery would operate as promised.
Friday, May 3rd 2019 - 09:10 UTC
Agricultural machine makers anxiously waiting for Brazil's new farm credit package

Uncertainty surrounding Brazil’s new farm credit package is worrying executives from the world’s largest agricultural machine makers since a delay on the definition of the program could hurt their sales.