Stories for October 2019

Tuesday, October 8th 2019 - 09:09 UTC
Weaker demand and Argentine situation hit hard Brazilian auto industry

Brazil’s auto industry trade group Anfavea has slashed its forecast for 2019 vehicle production growth to a modest 2.1% from 9% previously, it said on Monday. Anfavea had big plans this year for Brazil’s auto industry, which has been slowly recovering from a significant slump.
Tuesday, October 8th 2019 - 09:03 UTC
Oil spill in Brazil has affected 42 cities, environment minister reports

Brazil’s environment minister says more than 100 tons of oil has been spilt along the northeastern coast since the beginning of September. Ricardo Salles said Monday on Twitter that 42 cities have been affected by the spills. He did not say how he reached those figures.
Tuesday, October 8th 2019 - 08:33 UTC
Trump hails trade agreements with Japan in agriculture and digital commerce

President Donald Trump on Monday hailed a banner day for American farmers, announcing two trade agreements with Japan that he said would deepen economic ties in agriculture and digital commerce.
Monday, October 7th 2019 - 09:55 UTC
Opinion Polls in Argentina indicate Fernandez will be the next president

Caution minded since Argentine public opinion polls were so far off the mark during the August Primary mandatory elections which triggered the current major political and financial upheaval in the country...
Monday, October 7th 2019 - 09:54 UTC
Alberto Fernandez candidate stumbles in Salta province primary

The just over a million registered voters in the Argentine northern province of Salta, next to Bolivia, went to the polls on Sunday to choose candidates for the coming provincial election of governor, lawmakers and city councillors, to be held on 10 November.
Monday, October 7th 2019 - 09:48 UTC
Ecuador in turmoil: shopkeepers arrested for raising food prices while street clashes continue

Ecuadorean authorities began arresting shopkeepers for raising food prices as indigenous groups clashed with security forces on Sunday in the fourth day of protests against President Lenin Moreno's austerity measures.
Monday, October 7th 2019 - 09:47 UTC
Amazon planning a regional data center in Argentina; congress passes bill to attract digital services and nanotechnology

Amazon.com Inc.’s cloud division plans to build a regional data center in a free-trade zone in Argentina, according to Buenos Aires media reports. The Seattle-based company is preparing to invest about US$ 800 million in the project over 10 years and will reap considerable tax benefits by locating the data center in the Bahia Blanca-Coronel Rosales districts of the province of Buenos Aires.
Monday, October 7th 2019 - 09:42 UTC
Heavy rain helps put out the fires in Bolivia that have ravaged millions of hectares

Heavy rain that has drenched eastern Bolivia's Chiquitania tropical savanna has put out fires that have ravaged millions of hectares in recent months, authorities said on Sunday.
Monday, October 7th 2019 - 09:40 UTC
Russia pledges to help Cuba have access to oil and petroleum products

Russia will find ways to help Cuba get oil and petroleum products, Russian Prime Minister Dmitry Medvedev said in an interview broadcast on Saturday. Medvedev pledged to help develop Cuba’s energy sector during a visit to the island this week but did not announce any short-term measures to provide relief from crippling fuel shortages in the wake of tougher U.S. sanctions.
Monday, October 7th 2019 - 09:40 UTC
Portugal's incumbent Prime Minister and stability policies win election

Portugal's incumbent Prime Minister Antonio Costa's Socialists won a general election on Sunday after presiding over a period of solid economic growth following years of austerity, near total results showed. The Socialist Party (PS) took 37% of the vote, followed by the centre-right Social Democrats (PSD) with 28%, with 98% of constituencies counted, according to the interior ministry.