Stories for August 22nd 2019

Thursday, August 22nd 2019 - 20:36 UTC
Mercedes Benz plans to build heavy trucks in China in alliance with JV partner

German automaker Daimler AG plans to build Mercedes Benz-branded heavy trucks in China by revamping truck plants owned by its local joint venture. The plan will deepen the alliance between Daimler and its Chinese truck JV partner, Beiqi Foton, and comes after the purchase of a 5 percent stake in Daimler last month by its Mercedes Benz passenger car partner, Beijing Automotive (BAIC), Foton's parent group.
Thursday, August 22nd 2019 - 18:51 UTC
Brazil central bank anticipates that there is scope to further cut interest rates

Brazilian central bank president Roberto Campos Neto said on Wednesday that the balance of economic risks and increasingly benign inflation means there is scope to cut interest rates further.
Thursday, August 22nd 2019 - 16:26 UTC
Argentina will support the Peso with international reserves

Argentina will not allow a chaotic fall in the peso and will use its dollar reserves to bolster the currency against political uncertainty that has swept the country since the Aug. 11 primary election, Treasury Minister Hernan Lacunza said on Wednesday.
Thursday, August 22nd 2019 - 15:51 UTC
Microplastics in drinking water, “low risk” for human health, says WHO

Microplastics contained in drinking water pose a “low” risk to human health at current levels, but more research is needed to reassure consumers, the World Health Organization (WHO) said on Thursday.
Thursday, August 22nd 2019 - 10:58 UTC
Falklands' competition for students criticized by University of Buenos Aires

Argentina's leading tertiary institution and one of Latin America's highest-rated for academic excellence, the University of Buenos Aires, UBA, has again, rejected the announced cultural project, “Why I would like to meet my neighbours from the Falkland Islands”, organized by the disputed Islands' government and the British embassy.
Thursday, August 22nd 2019 - 09:56 UTC
Bolsonaro suggests green groups started the blaze in the Amazon to blame him

Wildfires in the Amazon rainforest in northern Brazil have ignited a firestorm on social media, with President Jair Bolsonaro on Wednesday suggesting green groups started the blazes. Images of fires purportedly devouring sections of the world's largest rainforest have gone viral on Twitter.
Thursday, August 22nd 2019 - 09:55 UTC
Argentina default “possible”, but not “probable”, says credit rating agency Fitch

Argentina could be downgraded again by Fitch Ratings if further weakness in the Peso boosts the risk of default, the agency’s head of sovereign ratings said in an interview. Argentina has issued billions of dollars worth of bonds denominated in U.S. currency.
Thursday, August 22nd 2019 - 09:54 UTC
Tougher rules at US borders: no limit for migrant children's detention and an end to birthright citizenship

President Donald Trump's administration announced on Wednesday that it would remove tough legal limits on how long migrant children can be detained as part of its broader crackdown on undocumented immigrants.
Thursday, August 22nd 2019 - 09:44 UTC
IMF wants to lead the way in retirement and pensions reform

The International Monetary Fund's board on Wednesday recommended a rule change that would scrap the age limit for its leader, clearing the path to the top job for Bulgaria's Kristalina Georgieva.
Thursday, August 22nd 2019 - 09:19 UTC
British Prime Minister girlfriend barred from entering the United States

The girlfriend of new British Prime Minister Boris Johnson has been denied permission to enter the United States because of her trip to East Africa’s Somaliland in 2018. Carrie Symonds, who moved into 10 Downing Street when Johnson became prime minister in July, was hoping to visit the US in the next few days as part of her adviser role for Oceana, a US-based environmental non-profit organization.