Stories for October 2019

Wednesday, October 16th 2019 - 07:27 UTC
Brazil eyes a US$1.45 billion payday as big oil flocks to pre-salt

Brazil expects to pocket some US$ 1.45 billion from the sixth round of oil and gas block licensing for the pre-salt zone offshore. Reuters reports, citing the special secretary to the Economy Ministry, Waldery Rodriguez, that the total minimum sum of signing bonuses for all the blocks that will be tendered on November 7th is US$ 1.9 billion.
Wednesday, October 16th 2019 - 04:51 UTC
APEC finance ministers meeting in Chile, cautiously optimistic on a Beijing/USA trade agreement

APEC finance ministers expressed “moderate optimism” on Tuesday that the United States and China will end their trade war and sign an agreement during the forum's summit in Santiago next month.
Wednesday, October 16th 2019 - 04:41 UTC
UK/EU last minute talks to reach a Brexit “tolerable agreement” before leaders' summit

UK and the EU made headway in eleventh-hour talks on Tuesday to reach a Brexit deal in time for a leaders' summit, but with hours left to clinch an agreement, it was still unclear if London could avoid delaying its scheduled Oct 31 departure.
Wednesday, October 16th 2019 - 04:35 UTC
End to UN peacekeeping operations in Haiti: political and social instability remain

The UN Security Council ended 15 years of peacekeeping operations in Haiti on Tuesday, voicing regret that the country is still saddled with huge economic, political and social woes. The United Nations first sent peacekeepers to Haiti after then-president Jean-Bertrand Aristide was overthrown by the army in 2004 under the pressure of a popular uprising.
Tuesday, October 15th 2019 - 10:03 UTC
Falklands regains International Cricket Council status and entitled to play in South America's championship

The Falklands Cricket Association is set to start its outdoor league in the coming weeks. And it is doing so boosted by the news that it recently regained its International Cricket Council (ICC) status.
Tuesday, October 15th 2019 - 09:56 UTC
EU sanctions on Nicaragua for Ortega's human rights abuses and repression

The European Union adopted a sanctions framework for Nicaragua on Monday over human rights abuses and repression in the Central American country under leftist President Daniel Ortega.
Tuesday, October 15th 2019 - 09:51 UTC
Brazil's truck makers anticipate a strong 8% growth prospect this year

Brazil’s largest truck makers are expressing optimism again about the growth prospects for Latin America’s largest economy, even as the country continues to struggle to rebound from a deep recession that began in 2015.
Tuesday, October 15th 2019 - 09:50 UTC
Nobel Economics Prize for work in fighting global poverty by three US-based economists

US-based economists Abhijit Banerjee, Esther Duflo from MIT, and Michael Kremer. Harvard University, won the 2019 Nobel Economics Prize on Monday for work in fighting global poverty that has helped millions of children by favoring practical steps over theory.
Tuesday, October 15th 2019 - 09:25 UTC
Queen's speech: “priority has always been to secure UK's departure from EU on Oct. 31”

British Prime Minister Boris Johnson on Monday set out his government's priorities at a parliamentary ceremony full of pomp and pageantry attended by the queen, with Brexit top of the agenda.
Tuesday, October 15th 2019 - 09:21 UTC
 Typhoon and torrential rains kill 67 in Japan and cause havoc in 36 of 47 prefectures

Fresh rain threatened to hamper efforts by tens of thousands of Japanese rescuers searching for survivors after a powerful typhoon that by early Tuesday had killed 67 people.