Stories for September 16th 2019

Monday, September 16th 2019 - 09:47 UTC
IMF choice: to unlock or not to unlock the last tranche of funds for Argentina

The International Monetary Fund has a tough choice to make in Argentina: unlock US$5.4 billion in funds under the country’s loan deal as the government strains to stave off default, or hold the money back and risk sparking more market panic.
Monday, September 16th 2019 - 09:10 UTC
China opens its market to more Brazilian meat processing plants

Brazilian beef' packer Marfrig Global Foods SA said it is in the process of hiring 400 people to work at its Promissão plant in the state of São Paulo as Chinese demand warrants an increase in meat production.
Monday, September 16th 2019 - 09:05 UTC
Gas well catches fire at Argentina's Vaca Muerta shale formation

Argentina’s state-controlled oil company YPF said a gas well caught fire at its vast shale oil and gas formation of Vaca Muerta early on Sunday following a gas leak on the previous day.
Monday, September 16th 2019 - 09:04 UTC
Borneo schools closed for a week because of dangerous air quality caused by forest fires

Schools in two cities in the Indonesian part of Borneo island will be closed for a week after smoke from forest fires caused air quality to hit “dangerous” levels, a local government official said on Sunday.
Monday, September 16th 2019 - 09:00 UTC
Bolsonaro's recovery “visibly impresses” doctors but release from hospital still unconfirmed

Brazil’s President Jair Bolsonaro continues to improve after surgery, but there is as yet no date scheduled for his release from the hospital, according to the presidential spokesman. Speaking to journalists in Sao Paulo, Otavio Rego Barros said that the doctors left Bolsonaro’s room “visibly impressed” with his progress on Sunday morning.
Monday, September 16th 2019 - 08:58 UTC
Nicaragua bars entry of OAS commission sent to broker end to the political crisis

A commission from the Organization of American States seeking to help broker an end to a political crisis in Nicaragua said on Sunday the government of President Daniel Ortega had barred its entry into the Central American country.
Monday, September 16th 2019 - 08:51 UTC
Clashes of British and French fishing fleets anticipated in a no deal Brexit

The waters for French fishermen are being stirred up by uncertainty of what will happen if Britain leaves the EU without a deal on Oct 31 and their boats barred from British waters.
Monday, September 16th 2019 - 08:38 UTC
Trump releases oil from strategic reserves following drone attacks on Saudi oil fields

President Donald Trump announced on Sunday evening that he has authorized the release of oil from the Strategic Petroleum Reserve following attacks on Saudi Arabian oil fields and refineries.
Monday, September 16th 2019 - 07:23 UTC
Gang steals “America”, an 18-carat gold toilet from UK's Blenheim Palace

A gang of thieves on Saturday stole a fully functional 18-carat gold toilet from Britain's Blenheim Palace, where it had been installed as an art exhibit, police said. The toilet, valued at more than US$5 million, was part of an exhibition of work by Italian conceptual artist Maurizio Cattelan.
Monday, September 16th 2019 - 07:04 UTC
Cameron accuses Johnson of backing Brexit for the sole purpose of advancing his political career

Former British prime minister David Cameron launched a blistering attack on the UK's current leader Boris Johnson in extracts of his memoirs published on Sunday, accusing him of only backing Brexit to further his own career.