Stories for June 19th 2019

Wednesday, June 19th 2019 - 09:59 UTC
Argentine political scenario prepares for the October presidential election

Argentine politician Sergio Massa, who recently pledged his support to the main opposition challengers to President Mauricio Macri, is in line to play a key role in the country's Congress if his new allies win national elections later this year.
Wednesday, June 19th 2019 - 09:57 UTC
Latam stocks and currencies surged on Tuesday on favorable global news

Latin American stocks and currencies surged on Tuesday with a dovish boost from the European Central Bank and positive headlines from the U.S.-China trade tensions boosting sentiment.
Wednesday, June 19th 2019 - 09:55 UTC
Sao Paulo court accepts Odebrecht recovery procedure; debts amount to US$ 22.3bn

A court in Sao Paulo on Tuesday accepted a request by Brazilian conglomerate Odebrecht to begin a corporate recovery procedure aimed at fending off bankruptcy at the scandal-tainted group.
Wednesday, June 19th 2019 - 09:46 UTC
Brazil Senate overturns Bolsonaro's decree allowing arms for self defense

Brazil’s Senate on Tuesday overturned a decree signed last month by right-wing President Jair Bolsonaro that drastically expanded the number of people allowed to carry weapons in public.
Wednesday, June 19th 2019 - 09:40 UTC
Brazilian pensions' reform faces new challenges

The Brazilian government’s plans to overhaul its pension system can still be saved if lawmakers reverse changes to transition rules and concessions to legislative aides, according to Economy Minister Paulo Guedes.
Wednesday, June 19th 2019 - 09:29 UTC
Petrobras makes huge natural gas discovery in the Sergipe basin

Brazilian state-run oil firm Petrobras has made natural gas discoveries in six deep-water fields in the Sergipe Basin, it said in a regulatory filing on Monday.
Wednesday, June 19th 2019 - 08:55 UTC
Trump launches reelection campaign, a repeat of his 2016 “outsider campaign”

President Donald Trump formally launched his 2020 re-election campaign on Tuesday by presenting himself as the same political insurgent who shook up the Washington establishment four years ago and who is now a victim of an attempted ouster by Democrats.
Wednesday, June 19th 2019 - 08:48 UTC
Huge boost for Boeing: IAG (British Airways) orders 200 737 Max, US$ 24bn deal

US aircraft giant Boeing got a welcome vote of confidence in its beleaguered 737 MAX plane on Tuesday when International Airlines Group (IAG), owner of British Airways, said it wanted to buy 200 of the planes.
Wednesday, June 19th 2019 - 08:43 UTC
Brexit conundrum, Boris Johnson closer, another vote on Wednesday, the lowest tally gets eliminated

The five contenders left in the race to replace Theresa May as Britain's prime minister will face off in a third-round ballot on Wednesday of the 313 Conservative MPs. The one with the lowest tally will get eliminated ahead of more votes on Thursday.
Wednesday, June 19th 2019 - 08:37 UTC
Trump announces resumption of trade talks with China ahead of G20 summit in Japan

United States President Donald Trump said on Tuesday that he had spoken to Chinese President Xi Jinping and that the two leaders’ teams would restart trade talks after a long lull in order to prepare for a meeting at the Group of 20 summit later this month.