Stories for September 13th 2019

Friday, September 13th 2019 - 19:20 UTC
Argentine Lower House unanimously approves draft emergency food law

Argentine lawmakers on Thursday unanimously approved a draft emergency food law to free up resources for social programs amid a worsening economic crisis. The bill, yet to be approved by the Senate, would provide a 50 percent increase in food assistance programs to growing numbers of poor.
Friday, September 13th 2019 - 19:17 UTC
Brazil's soybean and corn sowing seasons delayed because of very dry conditions

Brazil’s soybean sowing season for the 2019-20 harvest is officially underway, but there might not be too many planters out in the fields just yet as conditions are extremely dry.
Friday, September 13th 2019 - 17:04 UTC
Bolsonaro's recovery period extended for a further four days

Brazilian President Jair Bolsonaro will need four days more than planned to recover from abdominal surgery, his spokesman said on Thursday. “The president of the republic's team of doctors has decided to keep him away from the exercise of his duties... four additional days, ” said Otavio Rego Barros, his spokesman.
Friday, September 13th 2019 - 16:35 UTC
Brazilian air force begins test program with Swedish Gripen fighter

Swedish manufacturer Saab has presented the first Brazilian Gripen E fighter aircraft during a ceremony in Linköping, Sweden, to begin the flight test program. The ceremony was attended by representatives from Brazilian Air Force, Swedish Air Force, Saab, and defense ministers of the two countries.
Friday, September 13th 2019 - 12:49 UTC
Argentine central bank announces further currency controls

Argentina's central bank this week announced further currency controls in an effort to tame speculation and stem a spiraling debt crisis in Latin America's third-largest economy.
Friday, September 13th 2019 - 12:40 UTC
Maduro will not attend UN General Assembly but will deliver 12m signatures denouncing US sanctions

Venezuelan President Nicolas Maduro said he will not travel to New York for the annual meeting of the United Nations General Assembly later this month, but that two of his envoys would attend to denounce U.S. sanctions on the OPEC nation.
Friday, September 13th 2019 - 12:38 UTC
August inflation in Argentina reverses tendency and again shoots up: 4%

Prices in Argentina shot up last month after a shocking primary vote plunged the peso, reversing four months of declines.
Friday, September 13th 2019 - 11:56 UTC
Following a US judge decision to keep a Peruvian ex president in jail, the former ex first lady is dragged out of the courtroom

A former Peruvian first lady was dragged out of a courtroom in San Francisco on Thursday as she cursed a judge's decision to keep her husband, ex-president Alejandro Toledo, in jail pending extradition proceedings.
Friday, September 13th 2019 - 11:54 UTC
Chinese private firms return to buy some 600.000 tons of US soybeans

Privately run Chinese firms bought at least 10 boatloads of U.S. soybeans on Thursday, the country's most significant purchases since at least June, traders said, ahead of high-level talks next month aimed at ending a bilateral trade war that has lasted more than a year.
Friday, September 13th 2019 - 11:51 UTC
Argentine budget forecasts a 2.6% contraction this year, and 1% growth in 2020

Argentina's inflation rate is expected at 53% in December 2019, but will fall back to 34% the following year, according to projections in the forthcoming 2020 budget, treasury officials said this week.