Stories for September 2019

Thursday, September 5th 2019 - 09:19 UTC
Soybean plantation in Brazil forecasted to grow at a much lower pace

The area in Brazil to be planted with soybeans in the 2019-20 season, which starts this month, will grow by the slowest pace in 13 years as a global trade war and swine fever in China cloud the outlook for farmers, according to analysts at AgRural.
Thursday, September 5th 2019 - 09:06 UTC
The Caribbean cruise industry suffers the consequences of hurricane Dorian battering of Bahamas

For the Atlantic's major cruise operators, deadly Hurricane Dorian has meant nothing but trouble in paradise as ships have been diverted from the Bahamas. But as the widespread devastation becomes more apparent on the ravished archipelago, a bread-and-butter staple of the tourist industry, the companies are pledging to help fund major relief.
Thursday, September 5th 2019 - 08:56 UTC
Britain's Conservative parties imploding as decades of infighting are coming to an end

Britain's ruling Conservative Party is imploding this week as a result of a no-holds-barred battle over Brexit that has seen the expulsion of 21 moderate MPs, including Winston Churchill's grandson, experts said.
Wednesday, September 4th 2019 - 09:58 UTC
Signs of budding of financial stability in Argentina: Peso stronger and country risk falls

Argentina's peso surged on Tuesday, pumped up by Wall Street traders cheering President Mauricio Macri's capital controls that are aimed at protecting the beleaguered currency. The peso closed 5.39% higher at 55.98 per U.S. dollar, traders said, its strongest level in a week after a near-record low close on Friday.
Wednesday, September 4th 2019 - 09:49 UTC
Venezuelan military exercises along the Colombian border

Venezuelan President Nicolas Maduro on Tuesday ordered the armed forces to be on alert for a potential attack by Colombia's government and announced military exercises on the border amid the rearmament of a group of former guerrilla commanders.
Wednesday, September 4th 2019 - 09:45 UTC
Johnson will expel 21 Tory MPs who voted with the opposition

All 21 lawmakers from the ruling Conservative Party who voted against the government to back a motion to seize control of parliamentary time to try to block a no-deal Brexit will be expelled from the party, a spokesman said.
Wednesday, September 4th 2019 - 09:17 UTC
Restructuring Ford's Sao Paulo truck plant means sacking 1.300 workers and lowering salaries of the remaining

Brazilian automaker CAOA reached an initial agreement to buy Ford Motor Co's plant in Sao Bernardo do Campo, the companies said on Tuesday, but CAOA could slash 1,300 jobs, according to the union representing the plant's workers.
Wednesday, September 4th 2019 - 09:10 UTC
Bio-fuel controversy: Trump caught between farmers and the oil industry

The American Petroleum Institute on Tuesday urged the Trump administration to reject proposals floated by U.S. farmers and ethanol producers to boost ethanol demand, the latest development in the clash over bio-fuel policy.
Wednesday, September 4th 2019 - 08:56 UTC
PM Johnson defeated; parliament now has to decide what's more urgent a vote on Brexit or a snap election

Prime Minister Boris Johnson raised the prospect of a snap election on Tuesday after he suffered a major parliamentary defeat over his Brexit strategy that could delay Britain's exit from the European Union.
Wednesday, September 4th 2019 - 08:40 UTC
US/China trade war further escalates; Trump claims Beijing speculating with next year's presidential election

Amid fresh signs his trade wars are rattling the US economy, President Donald Trump on Tuesday sent stern warnings to China, urging the Pacific power not to drag its feet in trade negotiations.