Stories for August 16th 2019

Friday, August 16th 2019 - 12:55 UTC
Brazil's central bank will sell dollars in the spot currency market; first time in a decade

Brazil’s central bank announced it would sell dollars outright in the spot currency market this month for the first time in over a decade, changing its regular market operations in response to rising demand for liquidity.
Friday, August 16th 2019 - 08:04 UTC
Gibraltar releases Iranian super tanker hours before a US Justice detention request

The Gibraltar Government on Thursday released the Iranian supertanker Grace 1, which was seized on July 4 on suspicion it was shipping 2.1m barrels of crude oil to Syria in breach of EU sanctions.
Friday, August 16th 2019 - 07:53 UTC
Dollar volatility in Argentina eases in line with political dialogue

Argentine markets bucked the dismal three-day losing streak on Thursday, amid signs of political compromise and a new central bank measure to prop up the embattled currency.
Friday, August 16th 2019 - 07:35 UTC
Argentina: Macri announces the end of sales taxes on basic food products until 2020

Argentine President Mauricio Macri, trying to recover from a bruising primary election loss, announced on Thursday an end to sales taxes on basic food products until the end of the year in a bid to salvage his re-election prospects and end an economic crisis.
Friday, August 16th 2019 - 07:26 UTC
Norway suspends funding to curb Amazon deforestation in Brazil

Norway has suspended funding that was supporting measures to curb deforestation in Brazil after the country blocked the operations of a fund receiving the aid, the Norwegian ministry of climate and environment said on Thursday.
Friday, August 16th 2019 - 07:21 UTC
“If Cristina Kirchner gets in and closes the economy,” Brazil will leave Mercosur

Brazil will pull out of the Mercosur trade bloc if the opposition party wins Argentina’s presidential elections later this year and closes the economy with protectionist policies, Brazil’s Economy Minister Paulo Guedes said on Thursday.
Friday, August 16th 2019 - 07:11 UTC
Brazil: Book with 188 blank pages dedicated to Bolsonaro, “should be respected and trusted”

A 190-page book on why Brazil's conservative president Jair Bolsonaro “should be respected and trusted” has gone viral on social media after it emerged 188 of its pages are blank. The author said it was a “protest” to force people to “come up with their own answers” on the controversial leader.
Friday, August 16th 2019 - 07:00 UTC
Maduro wants to resume talks with Venezuelan opposition under Norwegian mediation

Venezuela's Foreign Minister Jorge Arreaza said on Thursday the government would meet with Norwegian mediators in an effort to restart talks with the opposition aimed at resolving the country's political crisis.
Friday, August 16th 2019 - 06:44 UTC
Falklands' referendums on single constituency will he held Thursday 26 March 2020

The Falkland Islands Government announced on Thursday that a referendum will be held on Thursday, 26 March 2020. On that date, the electorate will be asked to vote on whether there should be two constituencies, Stanley and Camp, or if there should be one constituency for the whole of the Falkland Islands.